July 27, 2026
  • July 27, 2026

Anil Ambani’s Reliance Infrastructure to raise over Rs 6,000 crore

by on September 20, 2024 0

Reliance Infrastructure under Anil Ambani seeks to raise Rs 6,014 crore to fund its expansion. The initial phase involves raising Rs 3,014 crore through a preferential issue followed by another Rs 3,000 crore via qualified institutional placement. Investors Mathew Cyriac and Nimish Shah are set to invest Rs 1,814 crore for a minority stake.

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Samsung moves court against staff protest

by on September 20, 2024 0

Labour unrest at Samsung’s Chennai plant has escalated, prompting the company to seek a court injunction against worker protests. The court advised conciliatory talks between management and the union, which is pushing for registration. Workers have been on strike since September 9, raising concerns that unrest could spread to other electronics units if unresolved.

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RBI lifts gold loan curbs on IIFL Finance

by on September 20, 2024 0

RBI has lifted the restrictions on IIFL Finance’s gold loan operations, effective immediately. These restrictions were placed in March due to irregularities in their gold loan business. IIFL Finance assures high compliance standards moving forward. As of December 2023, their gold loan portfolio was Rs 24,692 crore, representing 32% of their total loans.

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Ukraine war, Global South, IPEF on agenda as PM Modi heads to US

by on September 20, 2024 0

PM Narendra Modi’s meeting with US President Joe Biden aims to advance the Comprehensive Global Strategic Partnership, including India’s accession to additional pillars of the Indo-Pacific Economic Framework. The Russia-Ukraine conflict and other global issues will be discussed. Modi will also attend the Quad summit and hold bilateral talks with leaders from Australia and...

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Pheran for PM Modi, fairytale for farmer

by on September 20, 2024 0

PM Narendra Modi wore a traditional Kashmiri pheran during a rally in Srinagar, which was gifted by Irshad Hussain Naikoo, an Anantnag-based farmer. Naikoo had been saving money since 2013 to create this special gift and faced numerous challenges to deliver it. His efforts were recognized when Modi wore the robe at the event.

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Report on Indian arms reaching Ukraine misleading: MEA

by on September 20, 2024 0

The Indian government has rejected claims by an international news agency that defence exports from India to Europe were diverted to Ukraine. The Ministry of External Affairs described the report as speculative and misleading, emphasizing India’s compliance with international obligations and its robust legal framework for military exports.

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Unwarranted & unsubstantiated: India on Pannun lawsuit in US

by on September 20, 2024 0

India has dismissed the allegations made by Khalistan secessionist Gurpatwant Singh Pannun in a US lawsuit against Indian officials. Pannun, who leads the banned Sikh for Justice group, claims an assassination attempt was foiled on American soil. The Indian government considers these accusations unwarranted and unsubstantiated.

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