In this issue

May 16, 2023

Qualcomm working with OEMs to cut 5G phone cost to sub-₹8K

Global fabless chip maker Qualcomm Inc is working with original equipment manufacturers (OEMs) to bring down the price of a 5G smartphone to around $90 (₹7,000-8,000), with reasonable additional features to attract the volume-driven mass consumer market, say mobile device makers.

1 min

Silicon Valley to South Delhi, jiu-jitsu has faithful following

At the basement of a building in South Delhi's upscale Sainik Farms, Siddharth Singh shows his wards how they can master \"the gentle art\" of using their opponent's force to floor him or her on the mat. Singh is a jiu-jitsu trainer, and as of 2022, he was ranked 11th in the world and fourth in Asia.

3 mins

Factually baseless': Sebi to SC on probing Adani firms since 2016

Stand by reply that stated Sebi was probing some Adani group firms: FinMin

2 mins

Apax funds buy IBS stake for $450 mn

To acquire Blackstone's minority stake in the software-as-a-service solutions provider

1 min

Exports fall 12.7% in April; trade gap at 20-month low

Demand scenario not 'very optimistic': DGFT

2 mins

Dish TV shareholders call for EGM, seek to remove 2 directors

Institutional shareholders of satellite broadcaster Dish TV India have sought removal of two directors who are said to be Essel group-affiliates in an extraordinary share holders meeting (EGM). They have also sought the nomination of three of their nominees on the Board.

1 min

FMCG firms chase volume growth, slice prices, bump up grammage

Fast-moving consumer goods (FMCG) companies are chasing volume growth as raw material prices come off from their peak. They are now going for higher grammage and price cuts.

2 mins

We have access to ₹300 cr, says Go First official

A senior Go First executive said the airline has access to around ₹300 crore of funds and that it is looking forward to starting operations as soon as possible.

1 min

Govt extends Covid waivers for highway contractors

Non-serious players entering bids may pose completion risks: Researchers

2 mins

First in 3 yrs, wholesale prices contract in April

WPI declines to 34-month low of -0.92% on the back of high base effect

2 mins

Coal to stay important: Energy majors at Just Transition meet

Its share in power generation will fall but not at the cost of economic development: Power secy

3 mins

Punjab power rates to rise 25-80 p/unit

Electricity rates are set to go up in Punjab with the power regulator PSERC announcing an increase in power tariff by 25 to 80 paise per unit for different categories of consumers.

1 min

RAJASTHAN: Gearing up to fight lumpy skin disease

The lumpy skin disease is back in the state, and the animal husbandry department is gearing up to fight it after a few cases were reported from various districts.

1 min

As NDA turns 25, time for BJP to reassess value of alliances

This month, the Narendra Modi government will celebrate its ninth anniversary with customary fanfare, but the National Democratic Alliance (NDA) completing 25 years is one anniversary at the risk of going unnoticed.

3 mins

Cong leadership on its promise, says DKS reneged

Karnataka party chief skips Delhi visit, sends 'best wishes’ to Siddaramaiah

2 mins

WHAT LIES AHEAD FOR THAILAND

Thailand's opposition racked up a majority of the 500 seats at stake in the race for the House of Representatives, dealing a major blow to the establishment parties and the former general who led the country since seizing power in a 2014 coup.

1 min

Turkey faces runoff vote as Erdogan defies forecasts

Nationalist candidate Sinan Ogan says he will endorse only Kilicdaroglu in the runoff

1 min

Basis for penalty in competition law

The sanction for triggering market failure must be based on the entire turnover

4 mins

Underwhelming performance

Without economic integration, trade strategy will not work

2 mins

Pakistan's destiny

Civilian-military conflict never ends well

2 mins

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