Category Archives: business

Fujitsu and Nvidia Expand Partnership to Accelerate AI Implementation

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Tokyo University of Technology unveiled its new supercomputer, named Seiran, on October 2nd, marking the start of full-scale operations. Equipped with the latest GPUs from U.S. chipmaker Nvidia, the system is designed specifically for generative AI and stands as the largest of its kind among Japan’s private universities.

In other news, Fujitsu and U.S. semiconductor giant Nvidia have announced plans to expand their collaboration in the field of artificial intelligence. Their joint efforts aim to accelerate the practical use of AI across various industries, driving innovation and efficiency.

A new form of cyberattack, known as “Clickfix,” is rapidly spreading by exploiting the familiar pop-up that asks users to confirm they are not robots. First detected in 2024, this attack has expanded quickly through 2025, prompting police in Tokyo and Aichi Prefecture to issue urgent warnings to the public.

Provably fair gaming has quickly become one of the most pivotal factors players look for when gaming on crypto-based platforms. This technology ensures transparency and trust, making it increasingly important in the digital gaming world.

OpenAI has unveiled its latest video generation AI, Sora2, capable of producing realistic footage in about three minutes. The system can create a wide range of content, including Japanese anime-style clips and composite videos featuring real individuals, opening new possibilities in video production.

A recent survey released by Meiji Yasuda Life Insurance revealed that more than 60 percent of parents with young children expressed interest in using artificial intelligence to support childcare. This highlights the growing acceptance and potential of AI technologies in daily family life.

Meanwhile, with the rapid development of the cryptocurrency market, Wall Street tycoons are flocking to the space, increasing competition. As a result, retail investors are facing unprecedented pressure in this evolving financial landscape.
https://newsonjapan.com/article/147141.php

Mohsin Naqvi to receive honor amid Asia Cup trophy row

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**Mohsin Naqvi to Receive Honor Amid Asia Cup Trophy Row**
*By Gaurav Tripathi | Oct 04, 2025, 10:32 AM*

Mohsin Naqvi, President of the Asian Cricket Council (ACC) and chief of the Pakistan Cricket Board (PCB), is set to be honored with the Shaheed Zulfiqar Ali Bhutto Excellence Gold Medal, according to a report by The President. This prestigious award acknowledges Naqvi’s principled stance during the controversial Asia Cup final trophy handover, where he retained the trophy after Indian players refused to accept it.

### Award Justification: Restoring National Pride

Advocate Ghulam Abbas Jamal, announcing the decision on behalf of the Sindh and Karachi Basketball Associations, emphasized that Naqvi’s actions had “restored national pride” amid heightened political and sporting tensions between Pakistan and India. The move to honor Naqvi has garnered widespread support across Pakistan’s political and sports communities.

Organizers view this award not only as a gesture of respect but also as a symbolic message affirming national dignity.

### Upcoming Award Ceremony

A formal ceremony to present the award is being planned in Karachi, with PPP Chairman Bilawal Bhutto Zardari expected to attend as the chief guest. The exact date will be finalized once Bhutto confirms his availability.

To oversee the event, a special committee has been formed, led by Sindh Basketball Association Chairman Khalid Jameel Shamsi, with Director Sports Commissioner Karachi Ghulam Muhammad Khan acting as secretary.

### Naqvi’s Response to the Trophy Controversy

Following the incident, Mohsin Naqvi retained the Asia Cup trophy and took to social media to state that the Indian team was “welcome” to collect it from the ACC headquarters if they wished.

In a post on X (formerly Twitter), Naqvi asserted, “I did nothing wrong, and I did not—and will not—apologize to BCCI,” responding to reports that the Board of Control for Cricket in India (BCCI) took offense at his actions.

### Context of the Asia Cup Final Controversy

The Asia Cup final was overshadowed by political tensions, with India enforcing a strict “no handshake” policy with Pakistani players. Despite winning the match, the Indian team refused to accept the trophy from Naqvi, igniting a diplomatic stir.

The BCCI has raised the matter at the ACC’s annual meeting and is expected to escalate the issue further at the upcoming International Cricket Council (ICC) session scheduled for November.

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This development highlights the ongoing complex relationship between cricket and politics in the region, drawing attention to how sporting events often reflect broader diplomatic challenges.
https://www.newsbytesapp.com/news/sports/mohsin-naqvi-to-receive-top-national-honor-for-this-reason/story

Cony football steamrolls Fryeburg, moves atop Class B North

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**AUGUSTA — Cony Rams Dominate Fryeburg Academy in Pine Tree Conference Showdown**

A highly anticipated battle between the No. 1 and No. 2 unbeaten teams in the Pine Tree Conference turned into a one-sided affair Friday at Fuller Field. The Cony Rams sent a clear message that they are the team to beat in the league, dominating every aspect of the game, especially with their prolific passing attack.

Cony rolled to a commanding 53-7 victory over Fryeburg Academy in a matchup of the top Class B North teams. Led by a stellar first-half performance from quarterback Parker Morin, who completed 13 of 19 passes for 281 yards and four touchdowns, the Rams surged to a 47-7 halftime lead.

“Fryeburg is obviously a good program and a well-coached team, so to come out and play like we did in that first half was a really big statement,” said Cony coach B.L. Lippert. “Our offense just really clicked all game, and we played pretty well defensively for the most part.”

### How It Happened

Cony (5-0) was unstoppable through the air in the first half. Morin connected on eight completions of 20 yards or more, finding receivers Anderson Noyes, Landen Perry, Ethan Demmons, and Cooper Clark for touchdown receptions of 11, 25, 45, and 25 yards respectively. Remarkably, the Rams scored on every drive of the first half.

“Our chemistry is unbelievable,” Morin said. “It’s the little stuff like going to a buddy’s house and playing a little cornhole with them or coming on a Monday night and throwing the ball around in the summer that really builds that and helps you out in the fall.”

Defensively, the Rams completely shut down Fryeburg’s (4-1) running game, limiting the Raiders to just 24 yards on 17 carries. While Benny Arnason made occasional big plays through the air, Cony’s defense sacked him four times and forced two interceptions.

“It all just starts on Monday with film and doing a little install,” said Austin Bucknam, who recorded two sacks on Arnason in the first half. “You just work at it all week, watch the guy in front of you; when he moves, you move. Just find the ball and hit the ball.”

### What It Means

With the win, Cony stands alone atop Class B North. The Rams and Raiders had been the clear leaders in the region entering the week, with no other team better than 1-3. This victory cements Cony as runaway favorites in the league.

Coach Lippert also reached a major milestone, becoming the winningest coach in Cony history with 58 wins, surpassing Dana Dogherty’s record (1942-52). Now in his 10th season, Lippert has guided the Rams to consistent contention and has assured them of an eighth consecutive winning season.

“Watching this program as a kid, I always saw him as a coach, and I’m like, ‘Man, he’s been here for a while,’” Morin said. “To finally see him do that, it’s awesome; I couldn’t be more happy for him.”

For Fryeburg, the loss marked their first in almost a calendar year. The Raiders had won eight straight games since a narrow 21-20 defeat to Wells on Oct. 18, 2024, and captured a Class C state title along the way.

### They Said It

“Trying to shut (Fryeburg star player) Ty Boone down is a full-time job. He got us once on a fade ball, but I thought we mostly did pretty well against him,” Lippert said. “They did move it on us a little bit, but we did well enough to keep them out, and our offense just really got going.”

### Stat Leaders

**Fryeburg:**
– Benny Arnason: 8 of 19 passing, 170 yards, 1 touchdown, 2 interceptions
– Ty Boone: 2 receptions, 88 yards
– Ted Carter: 3 receptions, 52 yards

**Cony:**
– Parker Morin: 13 of 19 passing, 281 yards, 4 touchdowns
– Anderson Noyes: 6 carries, 27 yards, 1 touchdown; 4 receptions, 65 yards, 1 touchdown
– Ethan Demmons: 3 catches, 57 yards, 1 touchdown; blocked punt for touchdown
– Austin Bucknam: 2 sacks

### Up Next

– **Fryeburg:** vs. Lawrence, 6:30 p.m. Friday
– **Cony:** at Skowhegan, 7 p.m. Friday
https://www.centralmaine.com/2025/10/03/cony-football-steamrolls-fryeburg-moves-atop-class-b-north/

Cebu Oversea Hardware expands to Cavite

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MANILA, Philippines — Cebu Overseas Hardware Company Inc. (Cohci) unveiled its flagship retail hub in Cavite on Friday.

The company aims to capitalize on the expanding home improvement and construction market in Southern Luzon.

As a family-owned enterprise, Cohci emphasized that its latest facility is strategically positioned to provide mid-to-premium products to homeowners, builders, and contractors at competitive prices.
https://business.inquirer.net/550613/cebu-oversea-hardware-expands-to-cavite

TaskUs opens 11th Philippine site in Las Piñas

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MANILA, Philippines — US-based outsourcing company TaskUs Inc. has unveiled its 11th site in Las Piñas City, further expanding its presence in the Philippines.

The company announced that it is targeting to increase the number of “teammates” or employees at its Las Piñas office to 1,500, up from the current 700, by the end of this year.
https://business.inquirer.net/550605/tasksus-opens-11th-philippine-site-in-las-pinas

Navi Mumbai To Host India’s First Global Capability Centre City, Maharashtra Govt Signs MoU With ANSR

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**Maharashtra Partners with ANSR to Develop India’s First Global Capability Centre City in Navi Mumbai**

In a landmark move to strengthen Maharashtra’s position as a hub for global enterprises, the state government on Friday signed a memorandum of understanding (MoU) with ANSR, a leading GCC-establishing firm, to develop India’s first Global Capability Centre (GCC) city in Navi Mumbai. This pact was finalised just days after the state cabinet approved its new GCC policy.

**What are GCCs?**
Global Capability Centres (GCCs) are wholly-owned offshore hubs set up by multinational companies (MNCs) to execute strategic, technical, and operational functions in talent-rich destinations. Moving beyond traditional cost-saving models, GCCs now focus on driving innovation, creating intellectual property, and strengthening global operations.

**Maharashtra’s Vision for the GCC City**
The upcoming Navi Mumbai GCC City is envisioned as a premier global destination where enterprises can establish, scale, and innovate through their GCCs. The city will boast cutting-edge infrastructure, foster a robust ecosystem for innovation, and attract large-scale global investments into Maharashtra.

Under the MoU, ANSR will be responsible for conceptualising, designing, and investing in the construction of the GCC City. Meanwhile, the Maharashtra government will provide critical infrastructure and policy-level support. This includes land allocation, inter-departmental coordination, and facilitators to improve ease of doing business under the new GCC policy.

**ANSR’s Role in the Project**
ANSR, which has already established 175 GCCs across India, Eastern Europe, and Southeast Asia, will spearhead the development project in Navi Mumbai. The firm aims to attract global enterprises from diverse sectors, generate employment opportunities for Maharashtra’s skilled workforce, and accelerate AI-driven innovation and enterprise transformation.

**Industry Reaction**
Lalit Ahuja, founder and CEO of ANSR, commented on the partnership:
“Maharashtra has long established itself as a GCC powerhouse, with Mumbai and Pune already serving as mature hubs for global enterprises. This MoU marks a huge leap forward in shaping the future of GCCs in India. Maharashtra’s AI-ready talent will be pivotal in powering the next wave of GCC growth.”

This collaboration underscores Maharashtra’s commitment to enhancing its global business ecosystem and positioning itself at the forefront of innovation-led growth.
https://www.freepressjournal.in/mumbai/navi-mumbai-to-host-indias-first-global-capability-centre-city-maharashtra-govt-signs-mou-with-ansr

Reliance begins talks with banks for Jio IPO

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**Reliance Begins Talks with Banks for Jio IPO**

*By Akash Pandey | Oct 03, 2025, 06:43 PM*

Reliance Industries Limited (RIL) has initiated informal discussions with banks regarding a potential initial public offering (IPO) of its subsidiary, Reliance Jio Infocomm Limited, according to Bloomberg. This move could set a new benchmark by becoming India’s largest-ever IPO.

A formal process for the IPO is expected to commence by the end of this month, with RIL likely to officially appoint investment bankers in November.

**Financial Prospects**

Reliance plans to sell only 5% of Jio during the IPO, which could raise more than $6 billion. This figure would significantly surpass the previous record of $3.3 billion raised by Hyundai Motor India Ltd.’s IPO in 2024.

Mukesh Ambani, billionaire chairman of RIL, had earlier indicated that the Jio listing might occur in the first half of 2026.

**About Jio**

Reliance Jio Infocomm Limited is India’s largest wireless carrier, boasting approximately 500 million subscribers. The ongoing discussions about the IPO are still in the early stages, and details such as the size and timing of the offering may change.

A spokesperson for Reliance has not yet commented on these developments.
https://www.newsbytesapp.com/news/business/reliance-initiates-informal-talks-for-jio-ipo/story

POWERGRID Convenes 36th Annual General Meeting

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The 36th Annual General Meeting (AGM) of Power Grid Corporation of India Limited (POWERGRID), a Maharatna CPSU under the Ministry of Power, Government of India, was held virtually on 26th August 2025.

The meeting was chaired by Ravindra Kumar Tyagi, Chairman and Managing Director, in the presence of key board members including Ravisankar Ganesan, Director (Finance) & CFO; Dr. Yatindra Dwivedi, Director (Personnel); Naveen Srivastava, Director (Operations); Vamsi Rama Mohan Burra, Director (Projects); Dr. Saibaba Darbamulla and Abhay Bakre, Government Nominee Directors; along with Independent Directors Shiv Tapasya Paswan, Rohit Vaswani, and Smt. Sajal Jha. Representatives of the Hon’ble President and shareholders also participated through virtual mode.

During the AGM, the company presented its key financial highlights, operational achievements, and future growth prospects. Technological innovations and ongoing initiatives were detailed, and the management addressed queries raised by the shareholders. The shareholders appreciated POWERGRID’s robust performance and extended their best wishes for sustained growth.

As of 31st July 2025, POWERGRID has commissioned and is operating 286 substations and more than 180,849 ckm of transmission lines, along with a transformation capacity of 574,331 MVA. Leveraging the latest technological tools and techniques, enhanced automation, and digital solutions, POWERGRID has successfully maintained an average transmission system availability exceeding 99.85%.

These milestones underscore POWERGRID’s commitment to strengthening India’s power transmission infrastructure while embracing innovation and operational excellence.
https://www.freepressjournal.in/corporate-gallery/powergrid-convenes-36th-annual-general-meeting

Little Pepe’s (LILPEPE) Path To $3 By 2026 Overshadows Ethereum (ETH) And Solana’s (SOL) Slow Bullish Outlook

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Crypto often delivers surprises, and right now, Little Pepe (LILPEPE) is the project rewriting expectations. Its presale is moving quickly, with Stage 13 already 93% filled at $0.0022. Early buyers from Stage 1 are up 120%, and investors still have a chance for 36.36% gains before the launch price of $0.0030. This momentum has sparked speculation that LILPEPE could reach $3 by 2026.

### Ethereum (ETH) – The Slow Giant

As of September 24, 2025, Ethereum (ETH) is trading around $4,182, up a small 0.23% from yesterday. ETH is a crypto giant and has survived different waves of the cryptocurrency market. Still, this ETH’s token, LILPEPE, is displaying a path to $3 by 2026, which overshadows ETH and SOL’s slow bullish outlook, as top investors have been drifting to LILPEPE, seeing it as the next Ethereum.

### Solana (SOL) – The Network of Speed

Solana has established a reputation as one of the fastest chains in the industry, enabling NFTs and gaming platforms to operate with impressive throughput. At the time of writing, SOL is trading around $213.

SOL’s price has dropped by 6.47% over the past 7 days, indicating a somewhat bearish outlook. Predictions for the year suggest gradual gains, but much like Ethereum, the growth curve is not showing the kind of momentum that excites speculative investors.

### Little Pepe (LILPEPE) – The Meme Revolution

Little Pepe is bringing a fresh story to the table. At the time of writing, LILPEPE is priced at $0.0022 in its presale and has already raised more than $26.2 million, with Stage 13 over 93% filled. This presale consists of 19 stages in total, and the price will continue to rise until launch, reaching $0.0030.

Early buyers from Stage 1 are already up 120%, and even now, investors entering Stage 13 still have a projected 36.36% gain once the token lists.

Unlike many meme coins that lean only on hype, Little Pepe has built a roadmap with strong fundamentals. Certik audits the project, which is already listed on CoinMarketCap, and it offers zero trading tax with sniper bot protection.

Its Ethereum-based Layer 2 solution will host a meme launchpad and staking features, providing the token with real-world use cases beyond speculation.

### Why Investors Are Paying Attention

The difference between Little Pepe and the slow bullish outlook of ETH and SOL is clear. While Ethereum and Solana provide stability, Little Pepe offers a higher risk but potentially much higher reward scenario.

With the presale stages filling up quickly, a $777K giveaway is live, and a Mega Giveaway offering more than 15 ETH in prizes to top buyers, the community element is strong and engaging.

### Conclusion

Ethereum and Solana remain safe bets, but their steady growth means the upside may be limited. Little Pepe, on the other hand, is writing a different narrative, combining meme culture with blockchain utility and offering real projected gains.

With early buyers already up 120% and Stage 13 investors still able to capture 36.36% gains before launch, the path to $3 by 2026 is within reach if momentum continues.

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For more information about Little Pepe (LILPEPE) visit the links below:

– Website: [https://littlepepe.com](https://littlepepe.com)
– Whitepaper: [https://littlepepe.com/whitepaper.pdf](https://littlepepe.com/whitepaper.pdf)
– Telegram: [https://t.me/littlepepetoken](https://t.me/littlepepetoken)
– Twitter/X: [https://x.com/littlepepetoken](https://x.com/littlepepetoken)

*Disclaimer: This is a syndicated feed. The article is not edited by the FPJ editorial team.*
https://www.freepressjournal.in/latest-news/little-pepes-lilpepe-path-to-3-by-2026-overshadows-ethereum-eth-and-solanas-sol-slow-bullish-outlook

Notebook Prices Rise Despite Zero GST; Insurance Policyholders Not Getting Full GST Benefit

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**GST Removal on Notebooks and Stationery Items Leads to Price Hikes**

New Delhi: Under the GST 2.0 reforms, the government has removed GST on notebooks, exercise books, and stationery items. Previously, these items attracted a 12 percent GST and are now tax-free, providing relief to consumers.

However, the raw material for notebooks—paper—has seen its GST rate increase from 12 percent to 18 percent. As a result, notebook prices have risen. Shopkeepers are paying higher GST when purchasing paper but cannot charge any GST while selling notebooks due to the tax exemption. This loss of input tax credit is being added to the final price, causing an increase despite the GST removal on finished products.

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**Insurance Companies Not Fully Passing On GST Benefits to Policyholders**

The GST Council reduced GST on life and health insurance premiums from 18 percent to 0 percent, effective from 22 September. While this move was expected to lower insurance premiums, many policyholders report that insurance companies are not passing on the full benefit.

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**Health Insurance Premiums Rise Despite GST Relief**

Numerous complaints concern health insurance companies. For instance, one policyholder who paid Rs 63,000 last year found their premium increased despite the GST removal. The company attributed the hike to the policyholder moving into a higher age group, highlighting how factors other than GST also affect premium costs.

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**New Add-Ons Used to Justify Premium Rates**

Some insurance companies have added new coverage options or riders to policies, claiming these are additional benefits. Customers, however, argue that such benefits were part of older plans. This strategy has resulted in premiums either remaining unchanged or increasing, negating the intended GST relief.

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**Government and IRDA May Intervene**

Amid mounting complaints on social media, the government is considering asking the Insurance Regulatory and Development Authority (IRDA) to investigate the issue and take necessary action to ensure policyholders receive the rightful GST benefits.

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**Life Insurance Premiums See Only Slight Reductions**

While some life insurance policyholders have experienced premium reductions, these decreases are relatively small. For example, one customer reported a mere 2.5 percent premium drop despite the GST rate being cut by 18 percent. This clearly indicates that the full benefit is not reaching customers.

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**Few Companies Passing On GST Benefits**

A limited number of insurance companies have taken steps to reduce policy commissions and lower their costs, thereby passing on GST benefits to customers. However, such cases remain rare.

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**Conclusion**

Although the government has removed GST on notebooks and certain insurance premiums, the benefits are not fully reflected in final prices. Consumers are advised to remain vigilant and report discrepancies to authorities as necessary. The ongoing scrutiny by the government and IRDA is expected to ensure greater transparency and fair pricing in the near future.
https://www.freepressjournal.in/business/notebook-prices-rise-despite-zero-gst-insurance-policyholders-not-getting-full-gst-benefit