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Gaming-led global metaverse market to reach $28 bn by 2028
Gaming-led global metaverse market to reach $28 bn by 2028

New Delhi,  Fueled by gaming, the global metaverse market is projected to reach $28 billion by 2028, from $510 million this year, at a compound annual growth rate (CAGR) of 95 per cent, a new report has showed.

The pandemic has hastened the evolution of the internet, resulting in the metaverse, where cyb

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3 banks duped of Rs 150 cr by 'Tamasha' and 'Nautanki' firms-turned-NPAs
3 banks duped of Rs 150 cr by 'Tamasha' and 'Nautanki' firms-turned-NPAs

Mumbai,  Three prominent Indian banks have been taken for a dramatic ride of a total Rs 150 crore by a couple of Indian companies, which have now become nightmarish Non Performing Assets, here recently.

They are: IDBI Bank Ltd (Rs 92.69 crore), Bank of Baroda (Rs 49.23 crore) and HDFC Bank Ltd. (Rs 6.27

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Gujarat fishermen in trouble due to polluted rivers and problematic regulations
Gujarat fishermen in trouble due to polluted rivers and problematic regulations

New Delhi,  Even as Gujarat ranks third amongst Indian states for fish production across marine and inland fishing, its fishermen get a raw deal because of polluted rivers and problematic regulations, as per a think tank's report.

The main problem is the pollution in rivers, especially industrial eff

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About 1,100 workers resume duty at Ford India's Chennai plant
About 1,100 workers resume duty at Ford India's Chennai plant

Chennai,  About 1,100 workers have resumed work at the Ford India Private Ltd's Maraimalainagar plant near here even though an agreement between the workers' union and the management on severance package has not been reached, sources said.

"There is no progress in the talks with the manageme

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Vedanta puts its copper smelter plant in Tuticorin on sale
Vedanta puts its copper smelter plant in Tuticorin on sale

Chennai,  Vedanta Ltd has decided to put its 4,00,000 ton per annum (tpa) copper smelter plant and refining complex at Tuticorin for sale.

The copper smelter plant complex is known as Sterlite Copper.

The company along with Axis Capital has called for Expression of Interest (EoI) for its s

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Fairbridge Capital increases stakes in Thomas Cook (India)
Fairbridge Capital increases stakes in Thomas Cook (India)

Chennai, Travel major Thomas Cook (India) Ltd on Monday said the Sub-Committee of the Board of Directors, has approved the conversion of the balance Rs 132.9 crore Optionally Convertible Cumulative Redeemable Preference Shares (OCCRPS) held by the promoter Fairbridge Capital (Mauritius) Limited (FCML), into 2.8 crore equity shar

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IDBI Bank to sell property owned by Great Indian Tamasha Company
IDBI Bank to sell property owned by Great Indian Tamasha Company

New Delhi,  IDBI Bank has invited bids through e-auction for the sale of property of Great Indian Tamasha Company, which was running the Kingdom of Dreams in Gurugram.

The Great Indian Tamasha Company was the corporate guarantor of the Great Indian Nautanki Company. IDBI Bank is calling for bids under th

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India improves global ranking for mobile, fixed broadband speeds
India improves global ranking for mobile, fixed broadband speeds

New Delhi, India gained three spots in the global ranking on median mobile download speed, reaching 115th position with recording 14.28 Mbps in May which is slightly better than 14.19 Mbps speed in April, a new report showed on Monday.

India also improved its global ranking for overall fixed median download speeds

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International criminal law body confers special recognition to JIBS Director
International criminal law body confers special recognition to JIBS Director

New Delhi,   India's renowned behavioural scientist and Director of Jindal Institute of Behavioural Sciences (JIBS)-- Prof. of Eminence (Dr.) Sanjeev P. Sahni has been conferred with a special recognition award by the International Criminal Law Association for his pioneering work at the intersection of law and

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Bitcoin surges past $20K, Ethereum crosses $1,100 per coin
Bitcoin surges past $20K, Ethereum crosses $1,100 per coin

New Delhi,  After witnessing free fall for weeks, Bitcoin finally managed to rebound past $20,000 per digital coin on Monday, around 16 per cent gain over the weekend.

The rally came after Bitcoin, the largest cryptocurrency by market capitalisation, dropped below $18,000 per digital coin on Sunday -- a

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