36 C Science/Tech / The Economic Times
Marico, the FMCG products maker, is set to acquire the remaining 46.02% shares of HW Wellness Solutions, owner of the True Elements brand, for up to Rs 138 crore. This acquisition will make HW Wellness a fully-owned subsidiary, building on Marico's initial investment in May 2022. The move aims to strengthen Marico's presence in the healthy breakfast and snacking categories.
Conservative commentator Charlie Kirk faced a shooting incident. The event occurred at Utah Valley University. Kirk was presenting when shots rang out. University spokesperson confirmed the incident. Reports suggest Kirk was hit. His security team immediately moved him from the location. Investigation is underway to determine the details.
Warner Bros Discovery has initiated legal action against Midjourney, alleging the AI photo generation company of copyright infringement. The lawsuit claims Midjourney illicitly used Warner Bros' characters like Batman and Bugs Bunny to train its AI model, enabling users to generate unauthorized images.
IN-SPACe facilitated the transfer of five ISRO-developed technologies to Indian companies, aiming to reduce import dependence and boost self-reliance. These technologies span sectors like biomedical, solar panel bonding, and aerospace. The agreements, involving NSIL and recipient industries, mark a significant step in commercializing space technologies and expanding their applications beyond the space sector.
India is set to launch over 100 satellites by 2040, blending government and private sector efforts, according to Science and Technology Minister Jitendra Singh. This initiative aims to boost space technology's role in areas like food security and disaster resilience.
Union Coal and Mines Minister G Kishan Reddy announced the Centre's plan to establish a mineral trading exchange, mirroring the London Metal Exchange, under SEBI regulations. This initiative aims to improve price discovery for industries and traders. The government is also encouraging steelmakers to use domestic coal and focusing on boosting coal and iron ore production for export.