Electronics major LG Electronics India (LGEI) has received the green light from market regulator Securities and Exchange Board of India (Sebi) to launch its maiden share sale, sources said on Thursday.

The Indian arm of the Seoul-headquartered home appliances and electronics company could roll out its Rs 15,000 crore maiden share sale once market conditions turn conducive, they added.

A judge in Maryland has blocked for now the mass firings of probationary federal workers and ordered thousands of fired probationary workers to be reinstated, marking the second decision of its kind in a day.

The order from US District Judge James Bredar came late on Thursday in a lawsuit filed by 19 states and the District of Columbia against multiple federal agencies alleging the mass firings are illegal.

Two journalists from Telangana, Pogadadanda Revathi, the managing director of Pulse News, and Thanvi Yadav, a journalist from the same channel, were arrested on Wednesday for allegedly sharing and promoting abusive content against Chief Minister A Revanth Reddy, police officials said.

A third person, who runs an X (formerly Twitter) account named ‘NippuKodi’, was also detained for sharing the video.

Enforcement Directorate (ED) on Thursday conducted raids at several locations in Bengaluru and some other places in Karnataka in connection with a gold smuggling case, which allegedly involves Kannada actor Ranya Rao.

In what marks as the latest development in the case, news agency PTI citing sources reported.

India's telecom regulator plans to recommend that satellite broadband spectrum be allotted for around five years to assess initial market adoption, defying Elon Musk's Starlink, which is seeking a 20-year permit, said a senior government source.

The Telecom Regulatory Authority of India (TRAI) is currently working on key recommendations to the federal government, including a time frame and pricing of satellite spectrum, which will be administratively allotted.

Larsen & Toubro (L&T) on Thursday said it has entered into a pact with ACWA Power, a developer in the Middle East, to build a desalination plant in Saudi Arabia.

The water and effluent treatment business of L&T won the order in a joint venture with Lantania of Spain.

The DMK-led Tamil Nadu government has decided to remove the official rupee symbol (₹) from the state’s Budget 2025, replacing it with the Tamil script. This marks the first time a state has rejected the national currency symbol, taking its resistance to the National Education Policy (NEP) to a new level.

The decision to remove ₹ symbol from the state Budget comes amid the ongoing tussle between Tamil Nadu with the Centre over alleged Hindi imposition.

Jairam Ramesh, general secretary in-charge communications of the Congress party has targeted Prime Minister Narendra Modi again, this time in connection with the partnerships between the telecom and satellite players.

US billionaire Elon Musk’s SpaceX has entered into an agreement with telecom provider Airtel to introduce Starlink services in India.

State-owned Power Finance Corporation on Wednesday said its board has approved Rs 1,40,000 crore borrowing plan for 2025-26 and also approved fourth interim dividend of Rs 3.5 per share for 2024-25.

The Board of Directors of Power Finance Corporation Ltd. (PFC), in its meeting held on March 12, 2025, approved a total borrowing of Rs 1,40,000 crore for 2025-26, a regulatory filing stated.

Bharti Enterprises’ Chairperson Sunil Bharti Mittal has welcomed the collaboration between telecom companies and satellite players.

According to ANI report, Mittal called it a major step towards global connectivity. The statement comes after Airtel and Reliance Jio partnered with SpaceX to bring Starlink satellite internet service to India.

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