Author: Indmedia

CLSA has downgraded Dixon Technologies to hold from outperform with the target price cut to Rs 12,100 from Rs 15,800 earlier. Analysts said the memory industry is entering a super cycle, driven by AI’s appetite for high-bandwidth memory (HBM) and DDR5, while mainstream storage faces tightening supply and rising costs. India’s dependence on imports leaves it exposed to this global squeeze, especially as memory manufacturers prioritise high-margin AI-grade memory. As a result, memory prices have already surged. They believe smartphone volumes are at risk, as rising memory costs could inflate average selling prices by 10-25%, disproportionately impacting the lower-end consumer…

Thane: A 54-year-old resident from Rabodi in Thane was allegedly duped of Rs 64 lakh in a cryptocurrency investment fraud orchestrated by cyber criminals posing as financial advisers. Rabodi police registered an offence against unidentified persons operating under the aliases “AimeQueen” and “Global Financial Customer Care”, officials said.According to police, the victim was contacted in late Dec 2025 by individuals who introduced themselves as representatives of a reputed international crypto trading firm. Through regular phone calls and online messages, the accused allegedly built confidence and persuaded him to invest in a purported trading platform named “ComeBit-com”, assuring him of substantial…

File photo: Kuldeep Singh Sengar NEW DELHI: Delhi high court on Thursday sought stand of former UP MLA Kuldeep Sengar and other convicts on a plea by Unnao rape survivor to enhance their 10-year prison term to death sentence in the custodial death case of her father. The bench issued notice to Sengar and others on the survivor’s plea that a delay of over 1,940 days in filing the appeal against the 2020 trial court order on conviction and sentencing be condoned.HC, however, observed that the maintainability of the appeal has to be decided first. Sengar was convicted and sentenced…

Bengaluru: The state govt’s decision to use ballot paper instead of electronic voting machines (EVMs) in forthcoming zilla and taluk panchayat elections has triggered unease within governing Congress. The govt plans to give legal sanctity to the move with Priyank Kharge, rural development and panchayat raj minister, saying the Karnataka Gram Swaraj (Amendment) Bill, 2026, is ready and will be tabled in both Houses of the legislature during the budget session beginning March 6. AI Impact Summit, Supreme Court on CAA, India-France Ties & More”The intention is to ensure credibility of elections and bring in much-needed transparency to voting and…

Hyderabad: As many as 19 passengers were injured when an Andhra Pradesh State Road Transport Corporation (APSRTC) bus veered off the highway in the Jogulamba Gadwal district on Thursday morning.According to the local police, the bus was travelling from Ameerpet to Anantapur in Andhra Pradesh. The accident occurred at around 4 am, when the bus veered off the highway and rolled onto its side.Passers-by alerted the police, who arrived at the scene and helped the passengers out of the bus. Of the total number of passengers, 19 were injured and taken to hospital. Several of them suffered fractures, and two…

Chennai: Madras high court on Thursday observed that the VB-G-RAM-G (Viksit Bharat – Guarantee for Rozgar and Ajveevika Mission (Gramin) Act is a policy decision of the Union govt and the courts can’t interfere in it.”What is there for us to do? The scheme is a policy of the Union govt. If you are not happy with this, then wait for the elections. These are all statutory policies on sharing liabilities with the states,” said the first bench of Chief Justice Manindra Mohan Shrivastava and Justice G Arul Murugan.The bench made the observations while hearing a plea moved by an…

Ahmedabad: Gujarat govt is set to systematically relieve schoolteachers from administrative and non-teaching assignments starting the 2026-27 academic year, with officials citing the direct impact on the quality of education as the driving concern.Sources said that the govt has taken cognizance of excessive non-teaching workloads placing significant strain on core teaching duties, with a measurable effect on classroom outcomes. To address this, academic audits will be introduced to track mandatory instructional hours — 800 for primary teachers and 1,000 for secondary teachers — creating, for the first time, a formal accountability mechanism around actual teaching time, the sources added.”Govt has…

Prayagraj: For 37-year-old Sachin Chhabra, the loss of his 64-year-old mother Jyoti on Sep 29, 2022, was a moment that changed his life forever. What began as a day of anxiety after her knee transplant surgery in Varanasi, turned into an unimaginable tragedy when she suffered a massive heart attack the very next day. But even in the face of grief, Sachin remembered her wish — that those who cannot see the world should be given a new light. Without losing time, Sachin brought his mother’s body from Varanasi to Prayagraj and ensured her eyes were donated at Manohar Das…

CM Mohan Charan Majhi in the assembly on Thursday Bhubaneswar: CM Mohan Charan Majhi on Thursday said an ecosystem lingering from the previous BJD regime was harassing farmers and warned of stern action, even as opposition protests over farmers’ issues for the 2nd consecutive day washed out the pre-lunch session of the Odisha assembly.Replying to the motion of thanks to Governor Hari Babu Kambhampati’s address, Majhi said the opposition’s conduct over the last 2 days showed they “do not want to raise the voice of the people in the assembly.” Calling the walkout during the Governor’s address on Tuesday “extremely…

Gurgaon: Ahead of work beginning on new metro corridor, GMDA has approved reconstruction of Leg 1, a 2.8 km master storm water drain between Old Delhi Road and Rezang La Chowk.According to an official, an estimate of Rs 34 crore was prepared and a tender for the project will be floated soon. Built over three decades ago with brick masonry, years of sewage flow and corrosive gases have weakened the structure in several areas, especially Sector 22. The drain was transferred from the Haryana Shehri Vikas Pradhikaran to the GMDA in 2018.Leg 1 falls along the alignment of the metro…