The Indian Space Association has called for reverting to administrative allocation of spectrum for space-based communication services, opposing the telecom department’s proposal to auction the airwaves.

https://www.livemint.com/news/india/ispa-calls-for-administrative-allocation-of-spectrum-for-space-based-communication-services-opposes-auction-11684946144121.html

State-run telecom service provider Bharat Sanchar Nigam Ltd plans to launch commercial 4G services in two cities of Punjab by the month-end, becoming the fourth telecom operator to roll out 4G services in India.

https://www.livemint.com/news/india/bsnl-to-launch-commercial-4g-services-in-punjab-becomes-fourth-telecom-operator-to-roll-out-4g-in-india-11684946990028.html

Road transport and highways minister Nitin Gadkari outlined plans to revamp the public bus system by implementing a new boarding and alighting process.

https://www.livemint.com/news/govt-plans-ropeways-funicular-railways-11684949121706.html

This marks a new chapter in his extraordinary rise from little-known congressman to two-term governor to a leading figure in the nation’s bitter fights over race, gender, abortion and other divisive issues.



Read here: https://www.livemint.com/news/world/ron-desantis-launches-2024-us-presidential-campaign-to-challenge-trump-11684964235165.html

Although the companies have fared well, the managements have been told to become prudent with their costs despite a global slowdown.

Read here: https://www.livemint.com/companies/news/ril-softens-hiring-in-retail-telecom-cuts-duplication-11684950637789.html

This decision comes in response to a significant rise in the number of visas granted to dependants of sponsored students, increasing from 16,000 in 2019 to 136,000 by the end of 2022.

https://www.livemint.com/news/india/uks-new-visa-rule-puts-indian-students-in-jeopardy-check-four-key-policy-changes-11684988195134.html

The debt ceiling or debt limit is a statutory limit set by the #UnitedStates #Congress on the amount of national debt that can be issued by the Treasury Department.

https://www.livemint.com/market/stock-market-news/how-the-us-debt-ceiling-will-impact-the-stock-market-11684992916574.html

The reduction in the compensation of #Wipro's Chairman is seen for the first time since the pandemic. During the pandemic #RishadPremji had a cut of 31 per cent.



Read here: https://www.livemint.com/companies/news/wipro-chairman-rishad-premji-takes-50-compensation-cut-report-11684997772984.html

#OlaElectric, India’s top electric two-wheeler maker, has appointed Goldman Sachs and Kotak Mahindra Capital to manage a potential initial public offering (IPO) early next year.

Read here: https://www.livemint.com/news/india/goldman-sachs-kotak-mahindra-capital-to-manage-ola-electric-s-potential-10bn-ipo-early-next-year-11685036948685.html

Shares of Cummins India Ltd rose nearly 5% in Friday’s trade on the National Stock Exchange, pushing the stock to a new 52-week high of ₹1735.85 apiece.

https://www.livemint.com/market/mark-to-market/cummins-india-ltd-shares-rise-on-strong-q4-results-and-anticipation-of-new-environmental-regulations-boosting-demand-11685082311063.html

With massive #layoffs, large number of Indian IT professionals, who are on non-immigrant work H-1B visas scramble for options to stay back in the country.

https://www.livemint.com/news/meta-layoffs-indian-h-1b-visa-workers-scrabble-for-jobs-amid-fresh-round-of-job-cuts-11685067826746.html

#TRAI issued instructions stating that all principal entities, including banks, financial institutions, and similar organizations, are required to undergo re-verification of message headers and content templates.

https://www.livemint.com/news/india/trai-asks-banks-financial-institutions-to-re-verify-message-headers-and-content-templates-here-is-why-11685071378734.html

#AmazonIndia has delayed the joining dates of its campus recruits by six months amid rising cost pressures and recession in some Western markets.

While the company promised to address the “financial impact" on students, India’s leading engineering colleges are concerned about the delays by one of their top recruiters.

Read here: https://www.livemint.com/companies/news/amazon-india-delays-campus-recruitment-by-six-months-amid-recession-fears-and-cost-pressures-11685036585353.html

In a relief to #Zee Entertainment Enterprises (#ZEEL), #NCLAT directed the bourses National Stock Exchange (NSE) and BSE to review their initial approvals granted to the Zee-Sony merger.

https://www.livemint.com/companies/zeesony-merger-case-nclat-directs-nse-bse-to-review-grant-of-noc-sets-aside-nclt-order-11685086229731.html

#Amul has categorically dismissed claims made in a viral video that alleges the presence of fungus in some packs of #AmulLassi.

The video, circulating on social media platforms, suggests that the fungus was found in Amul Lassi packs even before their expiry date.

https://www.livemint.com/companies/no-fungus-contamination-in-lassi-amul-calls-viral-video-fake-11685075325066.html

#GoFirst on Friday announced that all their flights remain suspended till 28 May.

https://www.livemint.com/companies/news/go-first-crisis-airline-extends-flight-suspension-till-28-may-11685090165220.html

#PersonalFinance | A guaranteed regular income comes to most people's minds when planning for their retirement years. For those individuals, an annuity scheme can be a beneficial option.

https://www.livemint.com/money/state-bank-of-india-sbi-vs-life-insurance-corporation-lic-know-details-before-investing-in-annuity-deposit-scheme-11685088220387.html

#Opinion | What lends itself to relatively easy semiotic analysis is what it all adds up to; and it may explain unease among #BJP opponents.

In its gestalt, it signals and sustains the novelty of India under the ‘party with a difference’, but within the framework that existed before the BJP’s rise.

Read here: https://www.livemint.com/opinion/national-symbols-must-always-work-as-unifiers-11685045784026.html

India said the #WTO panel misinterpreted the regulations in its judgement, urging the Appellate Body to reverse and modify its decision.

https://www.livemint.com/economy/india-contests-wto-panels-decision-on-ict-import-duties-11685098684766.html

In order to bring the failed US banks afloat, as part of damage control, budget fix for the banks, has led to lay-offs for #SiliconValleyBank (SVB) & #FirstRepublicBank employees, by their buyers- First Citizens Bank and JP Morgan.

Read here: https://www.livemint.com/industry/banking/after-first-citizens-axe-on-svb-jp-morgan-too-layoffs-1-000-first-republic-employees-11685094081797.html

#AirIndia on 26 May relaxed the new norm related to the accumulation of privilege leaves for those employees retiring in the current and next financial years.

https://www.livemint.com/news/india/air-india-relaxes-pl-norm-for-staff-approaching-retirement-report-11685111857052.html