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Tamil Nadu government officials met Foxconn chairman Young Liu and pitched the State for the company’s expansion in the electronics segment and entry into the emerging sectors such as electric vehicles and semiconductors. Pooja Kulkarni, MD and CEO, Guidance, the State’s  investment promotion agency, met Mr. Liu, along with her team, listed the advantages of investing in the State and offered to help the company in expansion, sources said. The sources said Foxconn was keen on exploring opportunities in new-age electronics, electric vehicles and semiconductors. “The partnership between Tamil Nadu and Foxconn started in 2006, and has been growing. In fact, the company started its Indian operations in Tamil Nadu; at present, the State hosts the company’s most extensive and diverse manufacturing base,” an official said. Foxconn facilities in Tamil Nadu manufacture a range of mobile phones, televisions and electrical components for the world's leading brands and employ a significant … [Read more...] about Tamil Nadu makes EV pitch to Foxconn

Punjab’s ruling Aam Aadmi Party (AAP) had a major setback on Sunday as it lost the parliamentary byelection to the Sangrur constituency, so far a party bastion. Simranjit Singh Mann, a known radical Sikh leader of Shiromani Akali Dal (Amritsar) won the Sangrur Lok Sabha seat by securing 2,53,154 votes. He defeated his nearest rival of the AAP, Gurmail Singh, by 5,822 votes. Mr. Singh secured 2,47,332 votes. The byelection is being seen as the first major test to ascertain the popularity of the three-month-old AAP government, which went into the Assembly polls earlier this year on the plank of its development work, and stern action against corruption, illegal mining and other “mafias” in the State. Losing Sangrur is being seen as a big blow against the party, especially for Chief Minister Bhagwant Mann, as the constituency is his home turf. The byelection was necessitated as the seat fell vacant after Mr. Mann contested and won from the Dhuri Assembly seat in the Assembly … [Read more...] about With Sangrur bypoll win, Simranjit Singh Mann makes a comeback

This is a carousel. Use Next and Previous buttons to navigate 3 SLOVIANSK, Ukraine (AP) — Russia was mounting an all-out assault on the last Ukrainian stronghold in the eastern Luhansk region, “pouring fire" on the city of Lysychansk from the ground and air, the local governor said Monday, as Western leaders met to discuss ways of bolstering support for Kyiv. Luhansk Gov. Serhiy Haidai said Russian forces were pummeling Lysychansk after capturing the neighboring city of Sievierodonetsk in recent days. It's part of a stepped-up Russian offensive to wrest the broader Donbas region from Ukrainian government control in what Western experts say has become the new main goal of President Vladimir Putin's war in Ukraine, now in its fifth month. “They’re pouring fire on the city both from the air and from the ground. After the takeover of Sievierodonetsk, the enemy army has concentrated all its forces on capturing (our) last stronghold in the Luhansk … [Read more...] about Russia ‘pouring fire’ on Ukrainian city as offensive mounts

The development of the internet has completely transformed the way we do business; and the “oldest profession” is no exception. In a world of online chatrooms, webcam performers can market anything from conversation to explicit sex acts. And unlike pornography or prostitution, there are virtually no laws regulating this form of sex work. Webcamming is an easy market to enter. All it takes is a computer, a decent webcam, access to a high-speed internet connection and a webcam hosting site. The hours are flexible, the working environment is safe and the salary can be very rewarding. The majority of performers are women, but there are also male and transgender performers. On sites such as Chaturbate and MyFreeCams, a tipping system operates in public chatrooms. Here, payment is voluntary, and performers are tipped for performing sexual and non-sexual acts. This makes a show profitable for the performer, at a relatively low cost to the viewer. Recommended Mother … [Read more...] about Webcamming: The sex work revolution that no one is willing to talk about

Formula 1 is the pinnacle of motorsport worldwide and has gained a massive following in recent years even in countries that don’t get to roll out the red carpet for racing; India being one of those countries and this author being one of those followers. This column is my attempt to connect with other new fans of the sport and share with them my journey of exploring this fast, furious, and yes, at times, frustrating, sport. Be careful what you wish for. After the back-breaking Baku race made Lewis Hamilton the go-to-meme for millennial health issues, Mercedes drummed up support in the paddock for the FIA to do something about porpoising . The FIA obliged, but its fix may end up biting Mercedes in the rear wing, dragging Ferrari for good measure, working Red Bull into a frenzy. And the Netflix cameras are watching it all. Let’s take it from the top. For the uninitiated, the phenomenon giving porpoises – cute aquatic mammals that resemble dolphins – a bad rep is the vertical … [Read more...] about Rookie on F1 Grid | Raise Your Car or Race Your Car? It’s Lone Wolff vs The Rest in F1’s Latest Civil War

Lashkar-e-Taiba supreme commander Hafiz Muhammad Saeed told the 10-member assault team, which attacked Mumbai in November 2008, that “being shot would feel like a pinprick, bloodstains would be like rose petals, and that angels would come down to take their souls.” Saeed's exhortation, revealed in documents filed by prosecutors in the ongoing trial of Chicago-based terror suspect Tahawwur Rana, was made after the assault team members were told they were expected to die in the attack on Mumbai — rather than escape as earlier planned. Details contained in the prosecution's proffer of evidence — a legal document that contains a summary of the arguments it intends to present — offer substantial new information on the 26/11 Mumbai plot. Sajid Mir, the Lashkar's commander of transnational operations, had overall control of the tactical planning of the operation, and issued directions to the attackers using Internet and satellite phone links. Mir, the proffer records, was instrumental … [Read more...] about 26/11: ‘ISI, Lashkar collaborated closely’

Watching the 2008 Mumbai carnage live on TV from Pakistan, terror outfit Lashkar-e-Taiba (LeT) handlers guided the attackers on phone and even asked them to change tactics to challenge the advancing commandos. The strategy followed during the 60-hour siege of Mumbai emerged during the testimony of the 26/11 co-accused David Headley in a Chicago District Court on the third day of the trial of his childhood friend and Pakistani-Canadian Tawahhur Rana. Rana has been slapped with a dozen charges in connection with the November 2008 attack in which 166 persons were killed, while Headley, a Pakistani-American and a star prosecution witness, has pleaded guilty. Headley told the court that his LeT handler Sajid Mir was in Karachi during the Mumbai attack. Sajid Mir told Headley that a couple of people were with him. Sajid Mir was in contact with the attackers via phone and he was watching TV coverage of the siege and seeing what was going on in India, he said. Sajid Mir was praised by … [Read more...] about ‘LeT handlers guided attackers watching Mumbai attack on TV’

Travelers wait to get checked in at Incheon International Airport on Sunday. [NEWS1] Airline and duty-free industries were expected to bounce back as the pandemic waned, but are instead being ambushed by high exchange rates and faring poorly. The closing price of the won-dollar exchange rate exceeded 1,300 won for the first time in 13 years on June 23. Although edging down slightly, it stayed in the vicinity Monday, recording 1,286.5 won. Airlines in particular have to pay aircraft lease fees in U.S. dollars, and therefore have to pay more when the exchange rate rises. In the case of Korean Air Lines, if the exchange rate rises by 100 won, it has to book 410 billion won in foreign currency exchange losses. Low-cost carriers (LCCs) struggle even more due to high exchange rates. Large airlines made a profit even during the Covid-19 pandemic due to the boom in cargo transport. But LCCs, which had to suspend passenger-oriented international flights, were unable to turn in a … [Read more...] about Airline, duty-free industries faring poorly amid high exchange rates

5G will lead to widespread artificial intelligence (AI) and machine learning (ML) adoption, enabling gargantuan volumes of data to be acquired, processed, and intelligently analysed in real time, says Saurabh Kumar Sahu, MD and Lead – Communications, Media and Technology, Accenture In India. Edited excerpts: What are some of the key challenges faced by telecom companies in 5G deployments in India? Some of the key challenges faced by telecom companies include developing a viable business and pricing model, fiberisation, an upgraded transport network and extension of cloud. While 5G is well-poised to transform consumer experiences, businesses, the economy, and society in the next decade spurred by faster connectivity speeds, ultra-low latency, and greater bandwidth, it is a capital-intensive exercise. Testing across all layers including devices and applications will play a crucial role prior to 5G adoption. How do you view the country’s current readiness for 5G? India has … [Read more...] about 5G to turn homes, enterprises a focal point for innovation: Accenture MD

The story so far: The World Gold Council accorded India as the fourth largest recycler of gold, having recycled 75 tonnes of the valuable yellow metal in the previous year. As per the report titled ‘Gold refining and recycling’, India’s gold refining landscape has changed ‘notably’ in the past decade with formal operations increasing from less than 5 in 2013 to 33 in 2021. The import duty differential that gold doré has enjoyed over refined bullion has particularly accelerated the growth of organised refining in India. Helped by these tax incentives, about half of India’s new refining capacity opened up in Excise Free Zones (EFZs) in Uttarakhand since 2014. China topped the list having recycled about 168 million tonnes of gold in 2021. Italy stood second having recycled 80 million tonnes of gold in 2021, followed by the United States (78 million tonnes). For perspective, gold dorés are metal bars with high gold content. They are composed of a mixture of precious metals but … [Read more...] about Explained | What is gold recycling?