A federal judge ruled in favor of Google in its antitrust case, allowing the tech giant to keep Chrome and Android and maintain its agreement with Apple to be the default search engine on its devices. The ruling is good news for both Google and Apple, with the latter being able to continue receiving billions of dollars from Google while avoiding the challenge of finding a new default search provider. This decision also allows Apple to focus on other regulatory challenges and advancements in the tech industry.
Union Road Transport and Highways Minister Nitin Gadkari announced at the 20th FICCI Higher Education Summit that Electric Vehicle prices in India are expected to be at par with petrol-powered vehicles within the next four to six months. He also laid out ambitious goals for the sector, aiming to make India's automobile industry the number one in the world within five years. Additionally, he emphasized the importance of higher education and skill development for national progress, urging institutions to integrate innovative technologies into their curriculum for students to be equipped with the right education and skills.
In a historic meeting, India's External Affairs Minister S Jaishankar welcomes Afghanistan's Foreign Minister Amir Khan Muttaqi to discuss bilateral relations. As a first step in repairing ties with the Taliban, India announces the upgrade of its "technical mission" in Kabul to a full-fledged embassy. Both countries acknowledge the common threat of terrorism and commit to enhancing cooperation to combat it. The visit also marks India's support for the sovereignty and independence of Afghanistan and the Taliban's assurance to not use its territory against India.
Yes Bank's stock experiences a significant surge of 8.3%, reaching its 52-week high of 24.30 with a trading volume increase of 3.17 times. This positive momentum follows the allotment of 12,45,046 equity shares under the Employee Stock Ownership Plan (ESOP). Over the last 10 years, the stock has corrected 83% but has shown a positive return of 82% in the last five years. Currently, Yes Bank is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.
Yes Bank's stock price has seen a significant surge, reaching a new 52-week high on Friday, October 10. This rally has been fueled by multiple positive developments, including a stake acquisition by Japanese financial major SMBC, rating upgrades, and the release of the bank's September quarter business update. The stock's momentum has also been supported by the bank's plans to leverage SMBC's global expertise and growth in loans and deposits reported in their Q2 business update.
The highly-anticipated Flipkart Big Bang Diwali Sale is bringing huge discounts on the latest models from top smartphone brands like Samsung, Vivo, Apple, Nothing, and more. The iPhone 16, originally priced at Rs 79,999, will be available starting at just Rs 54,999, while Nothing's mid-budget phone will be priced at Rs 20,999, down from Rs 24,999. Realme 15 Pro, with 12GB of RAM and 256GB of storage, can be purchased at just Rs 26,999 and the Samsung Galaxy F36 is available starting at Rs 13,999. The Vivo T4R 5G, featuring a 5700mAh battery and 12GB of RAM, is available starting at Rs 17,499, with additional bank and exchange offers available. Don't miss out on these incredible deals during the ongoing Flipkart Big Bang Diwali Sale.
The sacred Hindu festival of Karva Chauth, celebrated by married women for the long life and well-being of their husbands, has not only deep cultural significance but also a significant impact on the economy. The trade body Confederation of All India Traders (CAIT) estimates that the festival has generated a whopping Rs 28,000 crore nationwide, with the largest wholesale market in the country, Chandni Chowk, contributing around Rs 8,000 crore to the total business. Despite the ongoing pandemic, markets across the country are witnessing heavy rush as women prepare for the auspicious occasion.
Four former Twitter executives have reached a tentative settlement with Elon Musk's X Corp over allegations of not receiving $128 million in severance pay following the company's acquisition. The terms of the settlement, which have not been made public, were announced in a San Francisco federal court filing and will be finalized in the coming weeks. The lawsuit, filed by the ex-CEO, CFO, chief legal officer, and general counsel, alleged that Musk falsely accused them of misconduct after they sued him for trying to back out of the acquisition agreement. Musk and X Corp have denied any wrongdoing and attribute the firings to performance issues.
Harman's recent acquisition of Masimo Consumer brands, including Bowers & Wilkins and Denon, has sparked questions about the future of their Australian distribution and brand integrity. With Harman now holding a dominant 60% of the audio market, President Dave Rogers assures that each brand will maintain its unique identity. This acquisition comes after Masimo's failed attempt to run an audio business, leading to Harman's interest and eventual purchase.
The one year anniversary of the passing of Ratan Tata, former chairman of the Tata Group, was marked with heartfelt tributes and messages across social media platforms. Known for his strong ethical values and leadership style, Tata's legacy continues to inspire the business world. His simplicity, compassion, and vision were praised by users on X and Instagram, while his company paid homage to him as "a life that shaped generations". Born in 1937, Tata transformed the Tata Group into a global conglomerate and his death in 2024 left a void in Indian business and philanthropy that can never be truly filled.