Cognizant has urged a US court to dismiss Infosys' antitrust counterclaims, asserting a lack of factual evidence supporting allegations of monopolization and anti-competitive practices. Cognizant argues that Infosys' claims regarding inflated prices, restricted market entry, and predatory hiring are unsubstantiated and fail to meet the legal threshold for an antitrust case.
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US President Donald Trump blamed President Joe Biden for the prolonged stay of astronauts Sunita Williams and Butch Wilmore aboard the ISS due to technical failures. Trump has asked Elon Musk to facilitate their return, with a mission possibly launching in two weeks to bring them back to Earth.
Private banks like Kotak Bank and RBL Bank are experiencing higher defaults in the microfinance sector. Kotak Bank reported a 10% rise in net profit, but its microfinance arm saw significant losses. Similarly, RBL Bank saw an 86% drop in net profit due to increased provisions for microfinance loans. Industry-wide challenges are anticipated to stabilize in the coming quarters.
The India vs Australia fourth Test witnessed a record Boxing Day Test attendance with 299,329 fans. It surpassed the previous highest of 271,865 set during the 2013 Ashes Test. The match saw significant turnout from Indian fans worldwide, with Day 3 breaking several attendance records. The fifth day is yet to be played at the MCG.
Reliance Jio and Bharti Airtel have formed partnerships with Elon Musk's Starlink for distributing its satellite internet services in India. The deals mark a strategic shift for both telecom giants, previously opponents of satellite companies, and could enhance connectivity in remote areas pending regulatory approvals.
The US won't allow Canada ripping off anymore, Trump said. "We've been ripped off for years and we're not going to be ripped off anymore. No, I'm not going to bend at all -- aluminum or steel or cars," Trump told reporters when asked if he would back down. Trump said he loves Canada, Canada people but can't subsidize the country every year.
Rajat Patidar returns to Eden Gardens, where his career soared in 2022. Now captaining for the first time in IPL, Patidar faces pressure to lead RCB to their first trophy. KKR, under new skipper Ajinkya Rahane, who boasts an impressive international leadership record but mixed IPL captaincy results, aims to defend their title amid significant team changes.
Razorpay, PayU, Easebuzz, and Paytm are under investigation by the Enforcement Directorate for their alleged involvement in a cryptocurrency scam led by 10 Chinese nationals via the HPZ Token app. The ED has frozen around Rs 500 crore in their virtual accounts. The accused collected over Rs 2,200 crore from 20 states for cryptocurrency mining investments.
Delhi Metro achieved significant milestones in 2024, introducing new services like bike taxi bookings through its app, international flight check-ins at select stations, and a digital QR ticketing system. Major construction advancements include completing key tunnels and the arrival of new trains for Phase IV operations, alongside attaining carbon neutral certification at its headquarters.
The ICC Champions Trophy returns to Pakistan on February 19 after eight years, featuring the top eight men's ODI teams divided into two groups. India will play all their matches in Dubai under the hybrid model. Key players and squads have been announced for teams including India, Pakistan, and Australia, among others.
Hezbollah leader Hassan Nasrallah was killed in an Israeli airstrike on 27 September 2023, confirmed by senior Hezbollah official Wafiq Safa. His death marked a major escalation in the conflict, leading to a ceasefire on 27 November 2023, but tensions remain high.