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By Kirti Srinivasan , 13 June 2025
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Amber Enterprises Commits Rs. 6,000 Crore for Major Electronics Manufacturing Hub Near Noida Airport

Amber Enterprises is set to invest Rs. 6,000 crore in a state-of-the-art electronics manufacturing complex near the Noida International Airport in Jewar, Uttar Pradesh. The investment, announced by state industrial development officials, marks a significant stride in the region's push to become a high-tech manufacturing hub. Spread over 100 acres in Sector 8 along the Yamuna Expressway, the facility will focus on printed circuit board (PCB) assembly, consumer electronics, and home appliances.

Tags

  • Electronics
  • India Business
By Gurminder Mangat , 13 June 2025
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Sebi Promotes CeFCoM for Investor Payments, Enhancing Transparency in Advisory Services

The Securities and Exchange Board of India (Sebi) has urged investors to utilize the Centralized Fee Collection Mechanism (CeFCoM) for paying registered investment advisers (IAs) and research analysts (RAs). Although optional, the system aims to foster greater transparency, security, and trust in financial advisory transactions. Developed to curb unregulated entities posing as financial professionals, CeFCoM has processed over Rs. 5 crore in investor payments since its operational launch on October 1, 2024.

Tags

  • SEBI
  • Investment
By Gurleen Bajwa , 13 June 2025
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SEBI Strengthens Oversight of Commodity Derivatives: Mandates Biannual Product Advisory Committee Meetings

India’s capital markets regulator, the Securities and Exchange Board of India (SEBI), has tightened compliance norms for commodity derivatives exchanges by mandating more frequent meetings of Product Advisory Committees (PACs). Effective immediately, all exchanges with commodity segments must ensure their PACs convene at least twice annually, with agricultural commodities requiring a minimum of one meeting per year. The updated directive follows market feedback and internal consultations aimed at improving governance and responsiveness within the commodity derivatives ecosystem.

Tags

  • Investment
  • SEBI
  • Stock Markets
By Agamveer Singh , 13 June 2025
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Bharat Biotech and GSK Join Forces to Develop Breakthrough Vaccine for Shigellosis

In a major stride toward combating antimicrobial resistance and severe bacterial infections, Bharat Biotech has entered into a strategic partnership with British pharmaceutical giant GSK plc to co-develop a pioneering vaccine for Shigellosis. The candidate, known as altSonflex1-2-3, is among the most advanced globally and is being developed using GSK’s cutting-edge GMMA platform. Bharat Biotech will oversee Phase 3 clinical trials, regulatory progression, and commercial-scale production.

Tags

  • Pharmaceutical
  • Company News
By Geeta Maurya , 13 June 2025
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NHPC’s Subansiri Hydroelectric Project Faces Further Delays, Cost Escalation to Rs. 26,075 Crore

India’s largest under-construction hydroelectric project—the 2,000 MW Subansiri Lower Hydro Electric Project—has encountered fresh delays, with its completion now pushed to May 2026, extending an already protracted timeline by over a decade. The project, located on the Assam-Arunachal Pradesh border, also suffered minor damages to its spillway during the recent monsoon, although NHPC has assured there is no structural threat to the dam. Originally scheduled for commissioning in 2012, the project’s cost has ballooned from Rs. 6,285 crore to an estimated Rs. 26,075 crore.

Tags

  • Power
  • India Business
By Anant Kumar , 13 June 2025
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Ahmedabad Airport Resumes Limited Operations Following Air India Crash

Operations at Ahmedabad’s Sardar Vallabhbhai Patel International Airport resumed on Thursday with limited flight services, hours after a tragic crash involving an Air India Boeing 787-8 Dreamliner bound for London Gatwick. The aircraft, carrying 242 passengers and crew, went down shortly after takeoff, crashing into a nearby residential neighborhood. A ‘Mayday’ distress signal was issued moments before the disaster. Emergency protocols were activated, and airport operations were temporarily suspended.

Tags

  • Aviation
  • India Business
By Anant Kumar , 13 June 2025
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Maharashtra's Liquor Duty Hike Sparks Industry Backlash and Fears of Illicit Market Surge

A sharp increase in excise duty on Indian Made Foreign Liquor (IMFL) in Maharashtra has triggered an outcry from industry leaders, who warn that the hike could upend the state's alcohol ecosystem. The Confederation of Indian Alcoholic Beverage Companies (CIABC) cautions that the new policy—raising the duty to 4.5 times the manufacturing cost—may inflate retail prices by up to 85%, discouraging legal sales, promoting illicit trade, and destabilizing the market.

Tags

  • IMFL
  • Tax
By Anant Kumar , 13 June 2025
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Apple’s iPhone 17 Series Poised to Redefine Performance Standards with A19 Pro Chip and Enhanced Display

As anticipation builds around Apple’s upcoming iPhone 17 series, emerging leaks offer insight into key performance and display upgrades. The new lineup, including the base iPhone 17 and iPhone 17 Air, is expected to feature higher refresh rate displays and significantly improved processing power through the debut of the A19 Pro chip. However, Apple may continue reserving ProMotion technology for its Pro variants.

Tags

  • Technology Sector
  • Gadgets
  • Mobile
By Agamveer Singh , 13 June 2025
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OnePlus 13s Launches in India: Compact Flagship Redefines Value with Premium Features and Exclusive Offers

OnePlus is set to release its much-anticipated OnePlus 13s in India on June 12, marking the debut of its first compact flagship device tailored exclusively for the Indian market. The smartphone combines high-performance hardware—headlined by the Qualcomm Snapdragon 8 Elite processor—with a refined design and enhanced AI features. Offered in two storage variants and three distinct color options, the OnePlus 13s targets premium users seeking performance without compromise.

Tags

  • Technology Sector
  • Mobile
By Nimrat , 13 June 2025
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The Unsubscribe Trap: How Opting Out Could Be Inviting Hackers In

n the digital age, inboxes have become battlegrounds of unsolicited offers, spam, and social media alerts. To combat the clutter, many users reflexively click the “unsubscribe” link. However, cybersecurity experts are now warning that this seemingly innocent action may be compromising your online safety. According to a report citing DNSFilter, one in every 644 unsubscribe clicks leads users to malicious sites. These links can serve as bait, signaling to scammers that your email is active and ripe for exploitation—potentially opening the door to phishing, malware, or worse.

Tags

  • Technology Sector

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