Ant-Man and The Wasp: Quantumania makes debut on Disney+. See new MCU timeline order
Ant-Man and The Wasp: Quantumania is going to appear on Disney+. The development has revealed the new MCU timeline order. Key Points
Economic TimesIntel delays $20 billion Ohio project, citing slow chip market: report
Its initial timeline had chip-making starting next year. Construction on the manufacturing facilities now is not expected to be finished until late 2026, the report said, citing people involved in the project. Key Points
Economic TimesBoard meet outcome: Sebi cuts listing time to 3 days from IPO closure
Sebi has approved a proposal to reduce the time period for listing shares for initial public offerings (IPOs) from 6 days to 3 days. The new timeline will be implemented in two phases, with voluntary compliance starting from September 2023 and mandatory compliance from December 2023. The move aims to simplify the IPO process and benefit both issuers and investors by allowing issuers to receive funds and allottees to receive securities more quickly Key Points
Economic Times'Go First lenders yet to decide on bids, airline's revival likely to be delayed'
Both bidders had increased their bids earlier this month after initial scrutiny by lenders, necessitating an extension to complete negotiations, people familiar with the process said. The committee of creditors (CoC) will meet either this week or early next week to finalise the extension of the timeline since a few more days will be needed to scrutinise and finally decide on the bids that are currently on the table, said a person aware of the process. Key Points
Economic TimesAjay Singh, Sky One and Busy Bee file firm bids for Go First
SpiceJet promoter Ajay Singh, Sky One, and Busy Bee have submitted the bank guarantee and expression of interest for bankrupt Go First Airlines. The lenders may extend the resolution process deadline by two months. Singh applied individually, while Busy Bee is a new applicant associated with Plan IT. Safrik Investments and NS Aviation did not submit guarantees. The three entities will receive more information on Go First to develop a formal plan. Creditors may vote again to extend the resolution timeline beyond the current deadline. Key Points
Economic Times
Israel sees gradual transition to next phase of Gaza operations
U.S. Defense Secretary Lloyd Austin said that he was not in Israel to dictate any timeline or terms for Israel's military campaign, but he did discuss making the transition to lower intensity operations. Key Points
Economic TimesEPFO extends deadline for higher pension option application till June 26
The Employees’ Provident Fund Organisation (EPFO) has extended the deadline for filing applications to opt for a higher pension until June 26, 2023. The extension aims to enable all eligible persons to file their applications and to provide a larger window of opportunity. EPFO has made arrangements for obtaining applications for validation of option/joint option from pensioners/members, and an online facility is available to facilitate the process. The timeline is being extended to provide ample opportunity to the pensioners/members to ease out any difficulty being faced by them. Key Points
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