Akasa Air is in discussions for a significant $125 million minority stake investment with Premji Invest and Claypond Capital to support its expansion and aircraft payments. The investment would lead to some shareholding dilution, but the Jhunjhunwala family would remain the largest shareholder.
Read MorePhilip Salt credited India coach Gautam Gambhir for his success with Kolkata Knight Riders in the 2024 IPL. Salt praised Gambhir’s competitive spirit and strategic advice, particularly on how to navigate challenging conditions in India. Salt’s impactful performance contributed significantly to KKR’s triumph, with his strike rate and batting strategy being key factors.
Read MoreIn 2024, the Global Peace Index identified Yemen, Sudan, and South Sudan as the world’s most dangerous countries due to ongoing conflicts and humanitarian crises. Afghanistan, Ukraine, and Syria also faced severe instability and violence. The assessment highlighted these nations’ struggles with internal strife, displacement, and deteriorating infrastructure, urging global attention to their plights.
Read MoreTim Southee, captain of the New Zealand men’s Test team, lauded India’s Jasprit Bumrah for his exceptional comeback from a back injury, hailing him as a top bowler in all formats. Southee emphasized Bumrah’s adaptability and effectiveness. Southee also discussed New Zealand’s upcoming Test matches and the workload management for their players in the...
Read MoreJust before the first anniversary of India’s Chandrayaan-3 landing on the Moon, a new discovery from data by the Pragyan rover revealed that the regolith around the landing site is primarily composed of ferroan anorthosite rock. This supports the lunar magma ocean hypothesis. The findings came from the Alpha Particular X-Ray Spectrometer measurements at...
Read MoreThe Employees’ Provident Fund Organisation (EPFO) is set to launch its upgraded IT system, EPFO IT System 2.01, aiming to improve user experience for over 60 million subscribers and simplify employer compliance.
Read MoreAmbernath police arrested Satish Sharma for attempting culpable homicide and negligent driving after a car dash incident that injured seven people. Following a family dispute, Sharma allegedly rammed his SUV into his father’s vehicle, causing multiple injuries. He was taken into custody after being discharged from the hospital and produced in Ulhasnagar court.
Read MoreIn response to the alleged sexual assault of two young girls at a Badlapur school, the Bombay High Court has taken suo motu action. The Maharashtra state government has issued stringent guidelines to enhance student safety, including mandatory CCTV installation, rigorous background checks for staff, and educational programs on safety. New committees will oversee...
Read MoreUndeterred by the pressure, Rathnayake displayed immense composure, stitching together a crucial 63-run partnership with captain Dhananjaya de Silva for the 8th wicket. His valiant effort propelled Sri Lanka to a respectable total of 236 before the day’s play concluded. Rathnayake’s resistance was finally broken by the young spinner Shoaib Bashir, who enticed him...
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