Canara HSBC Life Insurance Company Ltd NEW DELHI: Canara HSBC Life Insurance Company Ltd on Thursday said it has raised a little over Rs 750 crore from anchor investors, just a day before its initial share-sale opening for public subscription.The anchor book received participation from institutional investors including ICICI Prudential Mutual Fund (MF), HDFC MF,…
NEW DELHI: Lok Sabha Speaker Om Birla made a strong pitch for promoting responsible and ethical use of artificial intelligence (AI). Chairing a workshop at the 68th Commonwealth Parliamentary Association (CPA) Conference in Barbados, Birla said systems like AI-based translation, AI-enabled e-library, and speech-to-text reporting are making parliamentary processes more efficient and inclusive. Addressing the…
LUCKNOW: While paying tributes to Kanshi Ram, the BSP founder and her predecessor in the party and the organisation, on his 19th death anniversary here, BSP national president Mayawati said she was grateful to the incumbent BJP government in Uttar Pradesh.In the commemorative programme organised at Manyawar Shri Kanshi Ram Ji Smarak Sthal (Eco Garden),…
NEW DELHI: The initial public offering of LG Electronics India Ltd received 54.02 times subscription on the final day of bidding on Thursday, driven by overwhelming participation from institutional buyers. The Rs 11,607-crore IPO received bids for 3,85,33,26,672 shares against 7,13,34,320 shares on offer, according to NSE data. The portion for Qualified Institutional Buyers (QIBs)…
Lucknow: While paying tributes to Kanshi Ram, founder of the Bahujan Samaj Party (BSP), and her predecessor in the party and the organisation, on his 19th death anniversary in Lucknow, BSP national president Mayawati on Thursday said she was grateful to the incumbent BJP govt in the state and extremely critical of the Samajwadi Party…
New Delhi: With winter knocking and the mountain passes in Jammu and Kashmir set to become snow-bound, home minister Amit Shah on Thursday reviewed the law and order situation in the Union Territory and asked the forces to be on 100% alert against any attempts by Pakistan and PoK-based terrorists to exploit the snowfall and…
Nigel Toon, cofounder and CEO of Graphcore MUMBAI: British semiconductor company Graphcore, a subsidiary of SoftBank Group, is launching a new AI engineering campus in Bengaluru and planning to create 500 semiconductor jobs with up to $1.3 billion (1 billion pounds) invested over the next decade. The engineering centre will be a core part of…
NEW DELHI: The textile ministry on Thursday announced significant amendments to the Production Linked Incentive Scheme for textile products with an aim to address challenges faced by the industry and encourage fresh investments. The amendments to the scheme for man-made fibre (MMF) apparel, fabrics and technical textile products include expansion of products eligible to receive…
NEW DELHI: PM Modi and his visiting counterpart Keir Starmer discussed initiatives to double down on likely gains from the India-UK landmark trade deal in a bilateral meeting, while also focusing on efforts to deepen their cooperation in the Indo-Pacific and in areas like technology, defence co-production and security.Modi also raised the issue of anti-India…
NEW DELHI: Acting swiftly on projects of strategic significance following suspension of the Indus Waters Treaty (IWT), an expert committee of the environment ministry has recommended environmental clearance for constructing the Sawalkot hydroelectric project on Chenab in Ramban district of J&K.The 1,856-MW project is a major hydropower initiative on Chenab, one of the western rivers…
