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Indonesia limits nickel quota expansion to support global prices

Jakarta, July 11 -- Indonesia's Energy and Mineral Resources (ESDM) Ministry announced on Friday that it will not grant any comprehensive additions to the national nickel production quota. The move i... Read More


What Apple accuses OpenAI of in explosive trade secret lawsuit? A laptop 'not returned', secret interviews, & more

New Delhi, July 11 -- Apple has filed trade secrets lawsuit against Sam Altman's OpenAI, alleging the ChatGPT maker stole trade secrets. In a filing, Apple claimed that employees who went to OpenAI ha... Read More


Nomura sees 22% upside in Ather Energy. Here's why it's the brokerage's top EV pick

New Delhi, July 11 -- International brokerage Nomura has reiterated its 'Buy' rating on Ather Energy and raised its target price to Rs.1,470 from Rs.1,120, calling the electric two-wheeler maker its "... Read More


Assam Budget gives highest priority to power sector: BJP

Guwahati, July 11 -- BJP Assam Pradesh Spokesperson Manas Sarania on Saturday commended the state government for according exceptional priority to the power sector in the maiden Budget presented by Fi... Read More


RITES bags Rs 79-cr Patna Metro Consultancy contract

Mumbai, July 11 -- The scope of the contract includes providing consultancy services for the implementation of the Patna Metro Rail construction project. The project is scheduled to be executed over a... Read More


Next big business risk for India Inc is climate volatility

India, July 11 -- Climate risk is no longer a distant environmental concern for India Inc. It is becoming a business variable that can affect revenues, operating costs, asset values, insurance cover, ... Read More


ideaForge Raises Rs.500 Cr Via QIP; Allots 62.9 Lakh Shares

India, July 11 -- Listed dronetech company ideaForge closed its qualified institutional placement (QIP) on Friday (July 10), raising Rs.500 Cr from a clutch of institutional investors. The fundraisin... Read More


Capital gains tax on property sale: ITAT allows home loan interest as cost of acquisition

New Delhi, July 11 -- A one-time maintenance deposit paid to a builder, electricity and water deposits, and even home loan interest that has not been claimed as a deduction earlier can form part of a ... Read More


Tamil Nadu CM Vijay expresses grief over deaths in Vietnam boat accident, calls for expedited repatriation of deceased

Chennai, July 11 -- Tamil Nadu Chief Minister Joseph Vijay on Saturday expressed deep grief over the deaths of tourists, including people from Tamil Nadu and other Indian states, in a boat accident ne... Read More


Bank deposits surge, capital flows pick up; SBI Research sees stronger Q1 growth momentum

New Delhi, July 11 -- India's banking system and credit markets are signaling a stronger start to FY27, with SBI Research pointing to buoyant capital flows, higher deposit growth and a pickup in both ... Read More