Tag: Business

May 24

Goafest 2023: EssenceMediaCom bags the Grand Prix for Innovative Use of Out-of-Home at this year’s Media ABBY

On the very first day of the annual Goa Advertising Festival, EssenceMediaCom walked home with the very first Grand Prix. The agency won the award in the Use of Media category (sub-category: Innovative use of out-of-home) for the Missing Chapter for Whisper India. The agency won the maximum number of metals at 20 – that […]
May 24

NCLAT asks three more Go First lessors to approach NCLT for the recovery of planes

The National Company Law Appellate Tribunal (NCLAT) on Wednesday directed three aircraft lessors of Go First to approach NCLT over their claims for possession of aircraft, whose leases were terminated by them prior to initiation of insolvency proceedings against the Wadia group entity. The appellate tribunal directed Accipiter Investments Aircraft 2, Eos Aviation 12 (Ireland) […]
May 24

China’s Cyber Warfare: These special units in Chinese PLA target Indian defence research organisations, other departments

The Chinese People’s Liberation Army (PLA) is creating tools for strategic guidance and training personnel necessary to support traditional war fighting disciplines, and is developing computer network operations (CNO) capability. And it uses cyber operations to target its other rivals. The Chinese academic community and hacker groups around the world are heavily focused on researching […]
May 22

India soon to jointly manufacture jet engines for LCA-Mk2  

Possibilities of co-producing jet engines which will power India’s indigenous fighter jets have intensified ahead of Prime Minister Narendra Modi’s state visit to the US next month. At the recently concluded meeting of the 17th meeting of India-U.S. Defence Policy Group (DPG) in Washington DC last week, chaired by Indian Defence Secretary Giridhar Aramane and […]
May 18

EdTech startup byteXL strengthens its senior leadership team

byteXL, an experiential learning platforms for IT career aspirants, has today announced the strengthening of its senior leadership team with the appointment of four industry professionals. As per the company, these hires will play pivotal roles in driving the company’s growth, fostering innovation, and revolutionizing learning experiences for students across the 100+ institutes that byteXL […]
May 17

Explainer: How Wall Street is preparing for possible US debt default

By Davide Barbuscia and Pete Schroeder As talks over raising the U.S. government’s $31.4 trillion debt ceiling intensify, Wall Street banks and asset managers have begun preparing for fallout from a potential default. The financial industry has prepared for such a crisis before, most recently in September 2021. But this time, the relatively short time […]
May 16

TAM Sports: 85 brands advertised across sports channels during 54 matches in IPL16

The latest edition of IPL is gradually gathering pace despite starting off slow. According to the recent update on IPL-16 from TAM Sports, a sports division of TAM media research, the number of categories and advertisers has increased during matches 28-54 as compared to matches 1-27. The categories grew to 40-plus in matches 28-54 from […]
May 16

Electric buses in Delhi: Infrastructure of depots to be revamped completely! Here’s what’s in store

E-buses are going to sway the national capital soon enough and the preliminary work has already begun! We all know that the government is planning to go all electric by 2025, so naturally upgrading the infrastructure of these bus depots is the primary agenda. Delhi’s transport department has already begun working on redeveloping or upgrading […]
May 15

EU approves acquisition of Activision Blizzard by Microsoft – Investigation report

The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of Activision Blizzard by Microsoft. The approval is conditional on full compliance with the commitments offered by Microsoft. The commitments fully address the competition concerns identified by the Commission and represent a significant improvement for cloud gaming as compared to the current […]