Govindraj Ethiraj in conversation with Prashant Bhushan, Ayaz Memon and Chitra Subramanian on whether the anti-corruption drive has lost steam as the country gets busy in the election season.

India Hangout: Has India's Anti Corruption Drive Lost Steam?

India Hangout || Has India's Anti Corruption Drive Lost Steam?

Burmans' Religare Enterprises' open offer to acquire an additional 26 per cent stake from the open market would commence on January 27 following the regulatory approvals.
Last month, the Reserve Bank approved the open offer of the Burman family -- the promoters of FMCG major Dabur -- to acquire an additional 26 per cent stake in NBFC firm Religare Enterprises Ltd (REL).
The open offer is for the acquisition of up to 9,00,42,541 fully paid-up equity shares of face value of Rs 10 each, representing 26 per cent of the expanded voting share capital of REL from the public shareholders by M.B. Finmart Private Ltd, Puran Associates Private Ltd, VIC Enterprises Private Ltd and Milky Investment & Trading Company, a regulatory filing said.
According to the tentative schedule of the open offer, the offer closes on February 7.
As of September 30, 2024, Burmans, through its four entities, collectively owns a 25.12 per cent stake in REL.
The Burman family -- a promoter of Dabur India and other 

Last month, the Reserve Bank approved the open offer of the Burman family -- the promoters of FMCG major Dabur -- to acquire an additional 26 per cent stake in NBFC firm Religare Enterprises Ltd

Domestic IT server maker Netweb Technologies posted a 16.56 per cent growth in profit to Rs 30.32 crore in the third quarter ended December 31, 2024, driven by demand for artificial intelligence-related projects, the company said in a regulatory filing on Saturday.
Netweb Technologies had posted a profit of Rs 26 crore in the same period a year ago.
The revenue from operations of Netweb increased by about 32 per cent to Rs 334 crore during the reported quarter from Rs 253.4 crore in the December quarter of the last fiscal.
"We are delighted to report that we recorded our highest quarterly Income and PAT. In line with our growth strategy, export revenue contribution stood at 9.0% in Q3 FY25, reflecting our efforts to expand the international market presence and capitalize on global opportunities," Netweb Technologies chairman and managing director, Sanjay Lodha said in a statement.
He said India's flourishing AI research ecosystem, supported by government initiatives and industry ..

The revenue from operations of Netweb increased by about 32 per cent to Rs 334 crore during the reported quarter from Rs 253.4 crore in the December quarter of the last fiscal

ISRO chairman V Narayanan on Saturday said the space-docking experiment (SpaDeX) of satellites was successful and the results will be useful for multiple purposes, including future missions like Chandrayaan 4, Gaganyaan and India's space station.
Narayanan, who arrived in Kerala after the successful space-docking test, told reporters at the airport here that it was a team effort by the ISRO and the results of the test were being reviewed.
"Right now the situation is that all the things are successfully docked and it is in space safely. Now we are studying all the results. My team is reviewing the results and we will take the proper decision at the proper time," he said.
The scientist further said that the docking experiment would be useful for multiple purposes.
Giving details, he said that it will be useful for the Chandrayaan 4 mission as two rockets will be used to carry to space the over 9,000 kg module that will subsequently land on the moon for sample collection.
He said tha

Narayanan, who arrived in Kerala after the successful space-docking test, told reporters at the airport here that it was a team effort by the Isro and the results of the test were being reviewed

Apple is suspending an error-prone feature that used artificial intelligence to deliver bogus news alerts to some iPhone owners.
The decision was disclosed Thursday as part of a test version for the next software release, iOS 18.3. The beta version is only available to a relatively small group of iPhone users and developers, but the same features are usually released in an update available to all users several weeks after the testing begins.
In the beta update, Apple said it is disabling the AI-generated feature for news and entertainment while it tries to fix the issue causing the technology to fabricate information  a problem often described as hallucinations within the industry. Similar software updates for Apple's iPad and Mac computers are also in a testing phase.
Even if it is just temporary, the suspension represents a blow to Apple's efforts to bring AI to the iPhone and its other products. The push began in earnest last September with the debut of the iPhone 16, which is ..

In the beta update, Apple said it is disabling the AI-generated feature for news and entertainment while it tries to fix the issue causing the technology to fabricate information

The Centre has proposed a meeting with the protesting farmers on February 14 in Chandigarh to discuss their demands, a senior official of the Union government said on Saturday.
Following the announcement, farmer leaders appealed to fasting farmer leader Jagjit Singh Dallewal, whose fast-unto-death entered 54th day on Saturday, to take medical aid so that he can participate in the proposed meeting.
A delegation of Central government officials led by joint secretary rank officer Priya Ranjan met Dallewal at Khanauri and held a meeting with the representatives of Samyukta Kisan Morcha (Non-Political) and Kisan Mazdoor Morcha.
Earlier, farmers protesting at the Khanauri and Shambhu border points between Punjab and Haryana on Saturday said they have received a proposal from the central government which they will discuss.

Following the announcement, leaders appealed to Jagjit Singh Dallewal, whose fast-unto-death entered 54th day on Saturday, to take medical aid so that he can participate in the meeting

Congress leader Rahul Gandhi on Saturday threw his weight behind the protests against alleged irregularities in BPSC exams, by visiting the site of the nearly a month-old agitation here and spending several minutes with aggrieved students.
After Gandhi winded up his pre-decided engagements, during which he also made a veiled reference to the protests with the remark "Bihar has been converted into a centre of paper leaks", a delegation of students called on him at a hotel.
The delegation urged him to visit Gardani Bagh where several aspirants have been on a round-the-clock protest seeking cancellation of Combined Competitive Exam held last month.
Suman Saurabh, a student from Sitamarhi, who was part of the delegation, told PTI video, "We urged Rahul Gandhi to visit Gardani Bagh which is our 'dharmabhoomi' and 'karmabhoomi'. He said he will take some time off. As the Leader of the Opposition in the Lok Sabha, he is known to the entire nation and his support means a lot to us."
Gandhi

Gandhi squatted in the midst of young men and women who have been carrying on their 'dharna' under a makeshift tent. He was seen patiently listening to the candidates

President Droupadi Murmu will address a joint sitting of the Upper and Lower Houses on January 31, after which the Economic Survey will be tabled

Cybersecurity vulnerability management company TAC Security founder Trishneet Arora sought from the Centre actionable steps in the upcoming Union Budget to enhance the country's cybersecurity framework.
In a statement, Arora stressed the importance of creating a secure, resilient, and innovative cyber ecosystem that not only safeguards India's expanding digital economy but also positions the nation as a hub for global cybersecurity innovation.
Suggesting measures to strengthen the country's cybersecurity landscape, Arora sought Rs 500 crore for the next three years to fund nationwide cybersecurity education and awareness initiatives.
"This includes collaborating with top institutions like IITs, NITs, and other specialized centers to create a steady pipeline of industry-ready cybersecurity talent. Programmes will focus on hands-on training, research, and developing practical skills to equip young professionals to meet the growing demand in the cybersecurity sector," he said.
He also

He also stressed that India must establish stronger ties with global organizations such as NATO's Cooperative Cyber Defence Centre of Excellence (CCDCOE) and Interpol

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India Hangout || Has India's Anti Corruption Drive Lost Steam?

Govindraj Ethiraj in conversation with Prashant Bhushan, Ayaz Memon and Chitra Subramanian on whether the anti-corruption drive has lost steam as the country gets busy in the election season.

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