Latest news with #RishabhJaiswal
The Star
17 hours ago
- Business
- The Star
US DOJ settles antitrust case for HPE's $14 billion takeover of Juniper
FILE PHOTO: Figurines with computers and smartphones are seen in front of Hewlett Packard Enterprise logo in this illustration taken, February 19, 2024. REUTERS/Dado Ruvic/Illustration/File Photo (Reuters) -The U.S. Department of Justice has settled its lawsuit challenging server maker Hewlett Packard Enterprise's all-cash acquisition of Juniper Networks for $14 billion, according to court filings. The settlement requires the combined company to divest HPE's Instant On wireless networking business and license the source code for Juniper's Mist AI software used in Juniper's WLAN (Wireless Local Area Network) products. The joint settlement, filed late on Friday, requires approval by a judge and would avoid the need for a trial scheduled for July 9. The Department of Justice (DOJ), HPE and Juniper did not immediately respond to a Reuters request for comment outside business hours. The DOJ sued to block the deal in January, arguing that it would stifle competition and lead to only two companies — Cisco Systems and HPE — controlling more than 70% of the U.S. market for networking equipment. In February, Juniper denied the DOJ's allegations, saying in a filing that the complaint does not correctly represent the market dynamics for wireless network solutions and the companies' rationale for the deal. HPE said more than a year ago that it would acquire Juniper, as it looks to spruce up its artificial intelligence offerings. (Reporting by Rishabh Jaiswal in Bengaluru; Editing by Alexandra Hudson and Timothy Heritage)
Yahoo
17 hours ago
- Business
- Yahoo
US DOJ settles antitrust case for HPE's $14 billion takeover of Juniper
By Rishabh Jaiswal (Reuters) -The U.S. Department of Justice has settled its lawsuit challenging server maker Hewlett Packard Enterprise's all-cash acquisition of Juniper Networks for $14 billion, according to court filings. The settlement requires the combined company to divest HPE's Instant On wireless networking business and license the source code for Juniper's Mist AI software used in Juniper's WLAN (Wireless Local Area Network) products. The joint settlement, filed late on Friday, requires approval by a judge and would avoid the need for a trial scheduled for July 9. The Department of Justice (DOJ), HPE and Juniper did not immediately respond to a Reuters request for comment outside business hours. The DOJ sued to block the deal in January, arguing that it would stifle competition and lead to only two companies — Cisco Systems and HPE — controlling more than 70% of the U.S. market for networking equipment. In February, Juniper denied the DOJ's allegations, saying in a filing that the complaint does not correctly represent the market dynamics for wireless network solutions and the companies' rationale for the deal. HPE said more than a year ago that it would acquire Juniper, as it looks to spruce up its artificial intelligence offerings. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Star
15-06-2025
- General
- The Star
Helicopter crashes in northern Indian state, six people on board, ANI reports
(Reuters) -A helicopter carrying six people has crashed in the northern Indian state of Uttarakhand, news agency ANI reported on Sunday. The aircraft was flying from Dehradun to Kedarnath before it went missing in Gaurikund and crashed, ANI reported, citing an official. (Reporting by Rishabh Jaiswal in Bengaluru; Editing by Lincoln Feast)
Yahoo
12-06-2025
- Business
- Yahoo
Ivanhoe restarts part of Congo copper mine; cuts output guidance
By Rishabh Jaiswal and Divya Rajagopal (Reuters) -Ivanhoe Mines said on Wednesday it had resumed underground mining in part of its Kakula copper mine in the Democratic Republic of Congo that had been closed due to seismic activity, but lowered output guidance for the year. Mining on the mine's western side resumed on June 7, while Ivanhoe will start pumping water out of the eastern side in August, aiming to finish by the year's fourth quarter. It will also look to open a new section for mining in the eastern part. The Kakula mine is part of the giant Kamoa-Kakula copper mining complex. The Canadian miner said it now expects 370,000 tons and 420,000 tons of copper output from the Kamoa-Kakula mining complex. It had withdrawn earlier guidance of 520,000 and 580,000 tonnes following seismic activity and floods in May. The company also withdrew its 2026 target of about 600,000 tonnes of copper production. "This is a significant setback for the plans at Kamoa-Kakula and leaves uncertainty about 2026 and beyond production and whether mining can resume in the previously developed area of Kakula East," analysts at RBC said in a note. The disruption is the latest in a series of supply-side setbacks that has tightened global copper supply, helping to drive margins for smelters into deeply negative territory. Co-owner Zijin Mining has not issued any statements on the mine's status since May, when it said the tremors had damaged mine roofs and could affect output. Ivanhoe subsequently disputed Zijin's statement, although it later withdrew guidance. Zijin did not immediately respond to an emailed request for comment about Ivanhoe's latest statement.
Time of India
01-06-2025
- Entertainment
- Time of India
I feel ready to take on lead roles: Rishabh Jaiswal
TV actor Rishabh Jaiswal, currently seen as Krish in Yeh Rishta Kya Kehlata Hai, is clear about one thing—he didn't come this far to stop now. He says, 'I always had a dream to work with Rajan sir. Tired of too many ads? go ad free now When the offer for Krish came, I didn't want to let it go. It is my first TV show, and now it's been one and a half years. The character has evolved so much, sometimes it feels like I'm doing a completely different show because of the role, which has layers to it.' Rishabh says that he manages his long shoot schedules along with personal time. 'I shoot 12 hours a day, almost 22-25 days a month. Balancing that with personal life is not easy, but I've managed. I've come from Banaras to Mumbai, and doing everything on my own—from cooking to shooting—has taught me a lot. I also make sure to go to the gym and focus on health. I have found a new hobby to go for pickleball, I enjoy it after a long day at work. It is like a reset button for me.' He admits the journey hasn't been without challenges, but the passion for acting keeps him going. 'As an actor, I've always gone with the flow. But now, after playing Krish, I feel ready to take on lead roles—whether it's in TV, films, or web shows.'I'm grateful for the journey so far, but I'm also hungry for what's next. '
