Unique Times

14/02/2025

Indian Music Giants Join Lawsuit Against OpenAI Over Copyright Concerns

Leading Bollywood music labels, including T-Series, Saregama, and Sony Music, have moved to join a copyright lawsuit against OpenAI in a New Delhi court, raising concerns about the unauthorized use of their sound recordings in AI training. The Indian Music Industry (IMI) group, along with T-Series and Saregama, filed a petition on Thursday, arguing that OpenAI’s alleged extraction of lyrics, compositions, and recordings from the internet without permission threatens the music industry’s intellectual property rights.

Know More: https://uniquetimes.org/indian-music-giants-join-lawsuit-against-openai-over-copyright-concerns/

Leading Bollywood music labels, including T-Series, Saregama, and Sony Music, have moved to join a copyright lawsuit against OpenAI in a New Delhi court,

13/02/2025

Unique Times is proud to feature Kerala’s Tourism Minister, Mohammed Riyas, as he shares his visionary roadmap for transforming the state into a global tourism hub. Under Minister Riyas’ leadership, the state is championing Responsible Tourism, promoting women-friendly travel, and integrating adventure, wellness, and cultural experiences, ensuring Kerala remains a top destination for travelers worldwide.

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12/02/2025

RBI Injects Record Funds to Ease Liquidity Crunch Amid Forex Intervention

The Reserve Bank of India (RBI) injected ₹2.50 trillion ($28.85 billion) into the banking system through an overnight variable rate repo auction on Wednesday, marking its largest single-day infusion in over a year. Banks subscribed to ₹1.94 trillion of the offered funds. The move comes after the central bank’s aggressive foreign exchange (FX) market intervention over the last two sessions, where it reportedly sold $4 billion to $7 billion to stabilize the rupee.

Know More: https://uniquetimes.org/rbi-injects-record-funds-to-ease-liquidity-crunch-amid-forex-intervention/

The Reserve Bank of India (RBI) injected ₹2.50 trillion ($28.85 billion) into the banking system through an overnight variable rate repo auction on

11/02/2025

Digantara Targets $30 Million Revenue, Expands to U.S. for Defense Contracts

Bengaluru-based space tech firm Digantara announced plans to generate $25 million to $30 million in revenue over the next two years as it expands operations into the U.S. The startup aims to secure major defense contracts and tap into the $60 billion space surveillance and intelligence market. To support its growth, Digantara intends to invest $10 million to $15 million in establishing a spacecraft manufacturing and space optics production facility in Colorado over the next eight months.

Know More: https://uniquetimes.org/digantara-targets-30-million-revenue-expands-to-u-s-for-defense-contracts/

Bengaluru-based space tech firm Digantara announced plans to generate $25 million to $30 million in revenue over the next two years as it expands

10/02/2025

Dixon Technologies Expands Talent Pool, Onboards Global Leaders Amid Industry Talent Shortage

Dixon Technologies is strengthening its leadership team by recruiting senior professionals from international markets, including Taiwan, Japan, Mexico, and Europe. The company has already onboarded three expatriates from top firms like Wistron Corp and HKC Co, with plans for further hires. This move aligns with India’s push towards complex component production in the electronics sector, which faces a significant talent shortage, particularly in leadership roles.

Know More: https://uniquetimes.org/dixon-technologies-expands-talent-pool-onboards-global-leaders-amid-industry-talent-shortage/

Dixon Technologies is strengthening its leadership team by recruiting senior professionals from international markets, including Taiwan, Japan, Mexico,

06/02/2025

Indian Opposition Demands Parliamentary Discussion on U.S. Deportation of Immigrants

Indian opposition lawmakers have raised concerns over the treatment of 104 Indian immigrants recently deported by the United States, calling for a parliamentary discussion on the issue. The deportees, mostly from Punjab and Haryana, were reportedly shackled during the flight and subjected to hours of scrutiny upon arrival at Amritsar airport on Wednesday. Lawmakers from the Congress party, including Gaurav Gogoi and Manickam Tagore, have condemned the deportation, questioning the Modi government’s response to what they described as a violation of human dignity and rights.

Know More: https://uniquetimes.org/indian-opposition-demands-parliamentary-discussion-on-u-s-deportation-of-immigrants/

Indian opposition lawmakers have raised concerns over the treatment of 104 Indian immigrants recently deported by the United States, calling for a

04/02/2025

GAIL (India) Ltd Issues Swap Tender for LNG Cargoes

GAIL (India) Ltd, the country’s largest gas distributor, has floated a swap tender offering 12 liquefied natural gas (LNG) cargoes for loading in the United States in exchange for 12 cargoes to be delivered to India in 2026, according to industry sources. The tender, which was issued on Tuesday, is part of the company’s strategic efforts to optimize its LNG portfolio.

Know More: https://uniquetimes.org/gail-india-ltd-issues-swap-tender-for-lng-cargoes/

GAIL (India) Ltd, the country's largest gas distributor, has floated a swap tender offering 12 liquefied natural gas (LNG) cargoes for loading in the

03/02/2025

Gold Prices Slip Amid Trade War Fears and Stronger U.S. Dollar

Gold prices edged lower on Monday after hitting record highs last week, pressured by a strengthening U.S. dollar and concerns over global trade tensions. Spot gold dipped 0.2% to $2,796.09 per ounce by 0825 GMT, following a historic peak of $2,817.23 on Friday. U.S. gold futures also fell 0.2% to $2,830.80.

Know More: https://uniquetimes.org/gold-prices-slip-amid-trade-war-fears-and-stronger-u-s-dollar/

Gold prices edged lower on Monday after hitting record highs last week, pressured by a strengthening U.S. dollar and concerns over global trade tensions.

31/01/2025

V.P. Nandakumar Appointed as Chairman of FICCI Kerala State Council

V.P. Nandakumar, the Managing Director and CEO of Manappuram Finance Limited, has been appointed as the new Chairman of the FICCI Kerala State Council. His appointment was announced during the council’s annual meeting held at Le Méridien Hotel in Kochi.

Know More: https://uniquetimes.org/v-p-nandakumar-appointed-as-chairman-of-ficci-kerala-state-council/

V.P. Nandakumar, the Managing Director and CEO of Manappuram Finance Limited, has been appointed as the new Chairman of the FICCI Kerala State Council.

31/01/2025

Indian Rupee Hits Record Low Amid Trade Tariff Concerns and Persistent Outflows

The Indian rupee fell to an all-time low of 86.65 per dollar on Friday, pressured by the threat of U.S. trade tariffs under President Donald Trump and persistent foreign portfolio outflows. The decline eclipsed the previous record low of 86.6475 set earlier this month. The dollar index rose to 108.2, further weakening most Asian currencies as Trump announced plans to impose tariffs on Canada and Mexico, with potential new levies on China also under consideration.

Know More: https://uniquetimes.org/indian-rupee-hits-record-low-amid-trade-tariff-concerns-and-persistent-outflows/

The Indian rupee fell to an all-time low of 86.65 per dollar on Friday, pressured by the threat of U.S. trade tariffs under President Donald Trump and

30/01/2025

Blueleaf Energy to Invest $400 Million in Solar Projects in Rajasthan

Blueleaf Energy, a renewable energy platform owned by a Macquarie Asset Management managed fund, has announced a $400 million investment in solar projects in India. The investment will be directed towards three solar projects in Rajasthan, with a total capacity of 1 gigawatt (GW). These projects are slated to be commissioned between 2025 and 2026 and will be funded through a mix of debt and equity.

Know More: https://uniquetimes.org/blueleaf-energy-to-invest-400-million-in-solar-projects-in-rajasthan/

Blueleaf Energy, a renewable energy platform owned by a Macquarie Asset Management managed fund, has announced a $400 million investment in solar projects

28/01/2025

Tech Billionaires Lose $108 Billion Amid DeepSeek-Led AI Selloff

In a dramatic turn of events, global tech billionaires lost a staggering $108 billion on Monday following a market plunge triggered by Chinese AI developer DeepSeek. The Nasdaq Composite Index fell 3.1% and the S&P 500 dropped 1.5% as investors reeled from DeepSeek’s sudden rise to prominence with its free chatbot app, DeepSeek R1. Nvidia Corp. co-founder Jensen Huang saw a 20% drop in his fortune, losing $20.1 billion, while Oracle’s Larry Ellison suffered a $22.6 billion hit.

Know More: https://uniquetimes.org/tech-billionaires-lose-108-billion-amid-deepseek-led-ai-selloff/

In a dramatic turn of events, global tech billionaires lost a staggering $108 billion on Monday following a market plunge triggered by Chinese AI

27/01/2025

JSW Group to Invest ₹26 Billion in Copper Mining Venture in Jharkhand

India’s JSW Group, led by billionaire Sajjan Jindal, has announced a ₹26 billion ($301.2 million) investment to establish operations at two copper mines in Jharkhand. The group secured the mines from Hindustan Copper for a 20-year lease, with an option to extend the term by another decade. This marks JSW’s strategic entry into the non-ferrous metals sector.

Know More: https://uniquetimes.org/jsw-group-to-invest-%e2%82%b926-billion-in-copper-mining-venture-in-jharkhand/

India’s JSW Group, led by billionaire Sajjan Jindal, has announced a ₹26 billion ($301.2 million) investment to establish operations at two copper mines

23/01/2025

Indian Tribunal Suspends WhatsApp-Meta Data Sharing Ban, Easing Pressure on U.S. Giant

India’s National Company Law Appellate Tribunal (NCLAT) has temporarily suspended a five-year ban on data sharing between WhatsApp and its parent company, Meta Platforms, imposed by the Competition Commission of India (CCI). The CCI’s November ruling aimed to prevent WhatsApp from sharing user data with other Meta entities for advertising purposes, a move Meta warned could disrupt its operations and force the rollback of certain features. The NCLAT noted that the ban could collapse WhatsApp’s business model, providing temporary relief as it continues to hear Meta’s challenge to the antitrust directive.

Know More: https://uniquetimes.org/indian-tribunal-suspends-whatsapp-meta-data-sharing-ban-easing-pressure-on-u-s-giant/

India's National Company Law Appellate Tribunal (NCLAT) has temporarily suspended a five-year ban on data sharing between WhatsApp and its parent company,

21/01/2025

Indian Rupee Set to Open Higher Amid Dollar Volatility and Trump’s Tariff Plans

The Indian rupee is poised to open stronger on Tuesday, trading around 86.36-86.38 per U.S. dollar in the 1-month non-deliverable forward market, slightly better than its previous close of 86.5675. This comes amid swings in the U.S. dollar index, which touched a two-week low of 107.86 in the Asian session before rebounding to 108.40. Market sentiment has been driven by contrasting reports on U.S. President Donald Trump’s tariff plans, with his administration signaling no immediate trade measures but hinting at tariffs on Canada and Mexico by February 1.

Know More: https://uniquetimes.org/indian-rupee-set-to-open-higher-amid-dollar-volatility-and-trumps-tariff-plans/

The Indian rupee is poised to open stronger on Tuesday, trading around 86.36-86.38 per U.S. dollar in the 1-month non-deliverable forward market, slightly

21/01/2025

PharmEasy to Relaunch IPO Amid Business Restructuring and Focus on Growth

PharmEasy, a leading online pharmacy, is preparing to relaunch its initial public offering (IPO) in 2025, two years after withdrawing its previous application. According to the report, the company plans to present its IPO strategy to the board in February, potentially involving a reverse merger with its publicly listed subsidiary, Thyrocare. PharmEasy aims to leverage its improved cash flow and restructured business model to regain investor confidence while prioritizing cash burn reduction.

Know More: https://uniquetimes.org/pharmeasy-to-relaunch-ipo-amid-business-restructuring-and-focus-on-growth/

PharmEasy, a leading online pharmacy, is preparing to relaunch its initial public offering (IPO) in 2025, two years after withdrawing its previous