Author: Arabian Media staff
The central government on Tuesday approved an Employment Linked Incentive scheme with an outlay of Rs 1.07 lakh crore to create 3.5 crore jobs over the next two years through social security schemes run by the retirement fund body EPFO.The ELI scheme to support job generation, enhance employability and social security across all sectors, with special focus on the manufacturing sector, was approved by the Union Cabinet in a meeting, chaired by Prime Minister Narendra Modi, Information & Broadcasting Minister Ashwini Vaishnaw said.The scheme aims to incentivise the creation of more than 3.5 crore jobs in the country over two…
In a widely expected but still stunning decision, Paramount Global has agreed to pay $16 million to settle a lawsuit from President Trump, putting an end to a $10 billion lawsuit that he filed against the company over an October interview that 60 Minutes conducted with former Vice President Kamala Harris. The agreement, announced Tuesday evening, doesn’t involve of an apology from Paramount. By most legal observers’ thinking, the lawsuit was destined for dismissal because of industry-wide norms related to editing interviews. But the deal provides a pathway to regulatory approval of Paramount’s sink-or-swim merger with Skydance. Trump’s suit, filed…
Australian rock icons Cold Chisel are marking their 50th anniversary with the release of a new live album, vinyl set and documentary film capturing their sold-out ‘Big Five-0’ tour across Australia and New Zealand. Explore Explore See latest videos, charts and news See latest videos, charts and news The band, which played to more than 250,000 fans between late 2024 and early 2025, will release The Big Five-0 Live on Aug. 8 through Universal Music Australia. The 27-track album was recorded at Melbourne’s Sidney Myer Music Bowl on Nov. 23, 2024 — a scorching 37-degree night that frontman Jimmy Barnes…
Venture capital (VC) funding into Indian startups declined by 11% in the first half of 2025 primarily due to lower number of high value transactions and added to this the uncertain external macro economic environment was another important factor.The total VC funding for the first half of 2025 stood at $5.7 billion as compared to $6.4 billion in the similar period of 2024, reflecting a 11% decline, according to YourStory Research. Compared to the second half of 2024 where the total funding was $7.2 billion, the fall was even steeper by 21%.This drop in funding for the first half of…
Lorde’s new album Virgin has sparked a wave of frustration among fans — but not because of the music. The singer’s crystal-clear CD release, promoted for its recyclable design and sleek aesthetic, is reportedly not functioning in many CD players, according to fans across social media. TikTok users have shared multiple videos attempting to play the translucent CD, only to be met with errors or silence. “Seems like they didn’t account for this,” one fan wrote. “My new Lorde transparent CD doesn’t work in this stereo! Seems like older models with older sensors won’t play it. pretty disappointing, I know…
Hello,For new-age companies, confidential IPOs are the way to go.Joining the bandwagon is Shadowfax, which just pre-filed its draft red herring prospectus with India’s market regulator SEBI.The hyperlocal logistics startup will reportedly raise Rs 2,000-2,500 crore through its IPO. Reuters reported that the company is aiming for a valuation of Rs 8,500 crore post-issue.Meanwhile, the talent bleed at Peak XV Partners hasn’t stopped, with the latest departure of its director of human capital, Anirudh Bose Mullick. In a LinkedIn post, Mullick stated that he had set up his own firm, Founders Fellows.In other news, Grammarly’s now looking beyond correcting your…
Barbra Streisand has dropped a behind-the-scenes video highlighting her recent collaboration with Ariana Grande and Mariah Carey on the stirring track “One Heart, One Voice.” Explore See latest videos, charts and news See latest videos, charts and news The song appears on Streisand’s newly released album The Secret of Life: Partners, Volume Two, out now via Columbia Records. Streisand took to Instagram to reflect on the collaboration’s emotional core, writing, “When the idea of recording a song with Mariah and Ariana was first suggested, it felt inevitable that it would speak to female empowerment.” “The lyrics ‘we’ve got every right…
Alejandro Fernández claims his 13th No. 1 on Billboard’s Regional Mexican Airplay chart, as “Un Millón de Primaveras (Plaza de Toros La México),” lifts 2-1 on the list dated July 5. The live recording is a cover of his late father Vicente Fernández’s 2007 song of the same name. Explore Explore See latest videos, charts and news See latest videos, charts and news “It’s an immense honor and a privilege to bring you my father’s music and feel that his legacy lives on in all of us,” Fernández tells Billboard. “That was the reason for [the Vicente tribute] De Rey…
India’s IPO scene, long hailed as a barometer of healthy capital markets and entrepreneurial fervor, now bears the markings of structural wear. A silent crisis is brewing, with good companies delaying their listings amid valuation mismatches and governance anomalies discouraging investors-economic aspects that raise urgent questions for India at large.The story behind the headlinesIndia’s IPO market had been, until recently, considered a dynamic conduit for wealth creation, democratised access to capital, and entrepreneurial prosperity. Large-ticket listings like Zomato, Nykaa, and Paytm generated both media hype and investors’ mania. While there are robust macroeconomic factors at play, with a GDP growth…
There’s a moment in Ridley Scott’s Gladiator when Russell Crowe’s enslaved Roman general Maximus, fresh from eviscerating five foes in short order, throws his arms in the air and asks a stunned arena, “Are you not entertained? Are you not entertained?” It would not be that far from fiction to picture the organizers of Sunday night’s Golden Bee Awards repeating the same question after the final spectacle had been presented to close out a nearly three-hour ceremony held inside Gzira’s Fort Manoel in Malta. Presented by the Mediterrane Film Festival and hosted by David Walliams, the outdoor show finished shy…