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UAE freezes Desi Bling star's assets

Mumbai: The UAE anti-money laundering agency Financial Intelligence Unit (FIU) is understood to have asked banks, financial institutions, and virtual asset service providers (VASPs) in the Emirates to put a temporary freeze on the accounts of Satish Sanpal, the 41-year-old Dubai-based Indian-origin businessman who stars in the Netflix docusoap series 'Desi Bling' that shows the lavish lifestyle of Sanpal and his wife Tabinda.Besides the financial services accounts and digital wallets of Satish, the FIU freezing order, issued about a fortnight ago, extends to accounts of Tabinda and companies linked to Sanpals."...you are immediately requested to freeze any funds or accounts or deposits or investments and deny access to the safe deposit boxes, and stop any financial transfers or withdrawals and inform us of any credit facilities belonging to the below mentioned names.." said the FIU communique.132795452The business entities covered in the notice are ANAX Capital Asset ...
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India Inc shifts AI hiring to applied skills

New Delhi: India Inc is shifting focus from hiring AI builders to recruiting engineers who can apply AI to solve customer problems, improve delivery and redesign workflows. New-age roles such as forward-deployed engineers and agentic AI engineers are seeing record demand.According to a CIEL HR analysis of over 200 companies in nine sectors conducted for ET, 90% of the firms are hiring for these roles to drive customer-facing solutions and internal efficiency. The survey covered IT services, IT products, startups, global capability centres, manufacturing, retail, ecommerce , financial services and logistics. Companies are deploying these skills both for customer solutions and internal use, a trend also confirmed by HR leaders at the RPG Group, Volvo Eicher Commercial Vehicles, EY and Savills India. "Today, firms are looking for people who can make AI useful, professionals who can solve customer problems, improve delivery, redesign workflows and help businesses create value," s...
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Italy suspends Schengen pact with Spain

from Economic Times https://ift.tt/QIJFNTB
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India targets 5 per cent global toy share

from Economic Times https://ift.tt/9f0bMFg
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Microsoft CEO Satya Nadella has a warning on AI

from Economic Times https://ift.tt/NThJjfv
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India eyes 1 billion 5G users by 2030

India is aiming to connect 1 billion people to 5G by 2030, after bringing nearly 500 million users onto the network in just two-and-a-half years, Union Communications Minister Jyotiraditya Scindia said on Wednesday as he unveiled the theme for the 10th edition of India Mobile Congress (IMC) 2026.Speaking at the theme launch of Asia's largest digital technology event, Scindia also announced that India's first Telecom Manufacturing Zone (TMZ) will be set up in Gwalior, Madhya Pradesh, to create a dedicated manufacturing ecosystem for telecom equipment, semiconductor companies and data centres.The minister launched "Scale without boundaries" as the theme for IMC 2026, scheduled to be held from October 7 to 10 at Yashobhoomi in New Delhi. The theme reflects India's ambition to scale homegrown technologies and digital infrastructure globally."India's journey in telecom has moved from connecting the next billion to enabling the next billion possibilities,"...
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Boeing shares rise 5% despite higher than expected Q2 loss on Air Force One costs

US aircraft maker Boeing reported a wider-than-expected Q2 loss Tuesday after booking a $280 million charge tied to its troubled Air Force One replacement program, Reuters reported.The charge reflected higher engineering costs associated with delivering two delayed US presidential aircraft in 2028 and contributed to a second-quarter net loss of $428 million.The aircraft maker’s shares rose 5% in midday trading despite the Q2 loss, as investors focused on improving production and stronger cash flow. Its core loss of 76 cents per share was wider than analysts’ estimate of a 30-cent loss but narrower than the $1.24-per-share loss recorded a year earlier, according to LSEG data.Boeing generated $631 million in free cash flow, reversing a $200 million outflow in the second quarter of 2025, partly due to stronger-than-expected customer payments. The company maintained its full-year free cash flow forecast of $1 billion to $3 billion, which would mark its first positive annual result since 20...
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