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Business

Tata Electronics Boosts Investment in iPhone Manufacturing

Tata Electronics has increased its capital investments and debt financing for Apple iPhone manufacturing and semiconductor projects. The company extended ₹61,280 crore in guarantees and ₹1,017 crore in loans to its subsidiaries. Equity investments rose to ₹3,727 crore, mainly due to semiconductor business growth. Despite higher revenue, net losses widened to ₹1,611 crore in the fiscal year.

Economic Times·3h ago

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Politics

Accused-turned-approver records statement in Renukaswamy murder case

In the Renukaswamy murder case involving Kannada actor Darshan Thoogudeepa, accused-turned-approver Pradoosh S Rao recorded part of his statement before a Bengaluru court on Monday. He detailed his meeting with Darshan and the events leading to Renukaswamy's brutal murder near a stormwater drain in west Bengaluru on June 9, 2024. The case involves multiple arrests and a 3,991-page charge sheet.

Deccan Herald·18m ago·Bengaluru

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World

Bharatiya Vidya Bhavan Bengaluru Marks 60th Anniversary with Events

Bharatiya Vidya Bhavan, Bengaluru Kendra, is celebrating its 60th anniversary with a series of events from October 2 to 4. Highlights include 'Karnataka Nudi Thota,' a literary festival promoting minority languages like Tulu, Konkani, Beary, and Kodava; 'Chitra Bharati,' featuring over 50 artists from 13 states; and 'Sangeetavani,' showcasing diverse musical forms. A commemorative volume on the Bhavan's history will also be published.

Deccan Herald·14m ago·Bengaluru

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Politics

Trump Predicts US Victory in Iran War and Falling Gas Prices

US President Donald Trump stated on Monday that the United States would win its war with Iran "very soon." He predicted that gas prices would fall and oil prices would drop sharply once the conflict ends. Meanwhile, mediators are working behind the scenes to revive diplomacy between Washington and Tehran.

Times of India·44m ago

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Politics

Pope Urges Russia and Ukraine to End War Through Dialogue

Pope Leo called on Russia and Ukraine to sit down and discuss ending their four-year war. Speaking after a trip to France, he criticized leaders discussing nuclear weapons and destructive wars. The pope emphasized the Catholic Church's duty to promote peace, human dignity, and redirect spending from weapons to health and education.

NDTV World·1h ago

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Technology

SiMa.ai Raises $150M to Expand Physical AI Platform

SiMa.ai, a US-India AI platform company specializing in physical AI, has secured $150 million in funding at a $1.4 billion valuation. This latest round brings its total capital raised to $500 million. The company plans to scale its next-generation AI silicon technology for use in robotics, drones, and automotive applications.

TOI Business·28m ago

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