MUMBAI: Abu Dhabi’s International Holding Company, which emerged as a key backer of the Adani Group following the Hindenburg-induced market turmoil in 2023, is deepening its partnership with the conglomerate through an $11.5 billion integrated aluminium project in Odisha.The partners have formed an equal joint venture to build a sprawling aluminium complex comprising a four-million-tonne…
BENGALURU: The rise of GenAI is exposing new vulnerabilities in campus hiring, as recruiters confront increasingly sophisticated cheating techniques-from hidden wearable devices and AI-assisted tools to proxy candidates and ghost coders taking control of assessments via remote desktop software.Recruiters say organised “interview-as-a-service” networks are making hiring fraud more sophisticated, prompting companies to deploy AI-powered proctoring…
The Las Vegas Raiders’ star player Maxx Crosby has been a regular name concerning trade rumors ever since his trade to the Baltimore Ravens failed reportedly because of a physical test back in March 2026. Amid all the mess, it seems the New England Patriots and the San Francisco 49ers have emerged as potential landing…
MUMBAI: If you think the AI boom will only make MacBooks and iPads more expensive, you are wrong. You probably do not realise it, but a host of products you use every day have memory chips in them-this is because devices are getting ‘smart’ which means they require more memory to process data and run…
MUMBAI: Bank of Baroda has agreed to pay $600 million (about Rs 5,700 crore) to the administrators of the collapsed West Asian healthcare group NMC Health in an out-of-court settlement that brings to a close years of cross-border insolvency and fraud-related litigation, with both sides making no admission of liability and courts in Abu Dhabi…
NEW DELHI: In the biggest overhaul of the Drugs (Prices Control) Order (DPCO), 2013 in years, Centre has significantly narrowed drugmakers’ liability in overcharging cases, while introducing a host of long-pending changes sought by the pharma industry. The amendments, notified on June 30 and effective immediately, ease compliance for pharma companies, simplify pricing approvals for…
NEW DELHI: Seeking to allay public fears over ethanol-blended fuel, petroleum minister Hardeep Singh Puri Thursday said a “make-believe” narrative had been unleashed on social media over the past few days.Addressing a press conference, the minister said the reduction in mileage of an E20-fuelled vehicle is “minor”. “It is well established that when you have…
PM Modi with Japanese counterpart Sanae Takaichi (ANI photo) NEW DELHI: PM Narendra Modi and his Japanese counterpart Sanae Takaichi reaffirmed their commitment to an early convening of the next Quad Leaders’ Summit and underlined the importance of ensuring unimpeded freedom of navigation through the Strait of Hormuz in a joint statement.With both countries heavily…
NEW DELHI: In the first case of its kind, Supreme Court on Thursday quashed orders passed by NCLT and NCLAT on the ground that they decided a case on the basis of AI-generated non-existent case laws and verdicts, cautioning that unchecked use of AI could distort the justice delivery system.A bench of Justices P S…
NEW DELHI: Faced with a pile of cases under the Foreign Exchange Management Act (Fema) and eager to avoid prolonged legal battles, the Enforcement Directorate is settling for large-scale compounding of offences and termination of adjudication proceedings after obtaining the Reserve Bank of India‘s approval.In the last 15 months, more than 150 Fema cases have…