- Monday, February 24, 2025
THE UK takeover panel has extended the deadline for Clayton, Dubilier & Rice (CD&R) till August 20 to consider a counter takeover bid for the supermarket group Morrisons. CD&R had time until 5pm on August 9 to make an offer or walk away, but the US private equity firm sought…
INDIA is thinking of slashing import duties on electric vehicles (EVs) to as low as 40 percent, two senior sources in the government have told Reuters, days after Tesla Inc’s request for a cut polarised the country’s auto industry. According to the officials, the government is discussing lowering the tax…
THE Supreme Court of India on Monday (9) decided against halting an inquiry into the business practices of e-commerce firms Amazon and Walmart-owned Flipkart, rejecting their appeal to pause a probe by the Competition Commission of India (CCI). Last year, the regulator ordered the investigation over allegations of promotion of…
A NEAR 50-run haul by India's notoriously brittle batting tail in the first innings of the drawn opening Test against England was like "gold dust", Indian captain Virat Kohli said. Since 2018, India's last three batsmen have had the worst average of all Test playing nations. ALSO READ: Rain spoils…
THE Intergovernmental Panel on Climate Change (IPCC) has sounded alarm for India saying glacial retreat in the Hindu Kush Himalayas in the north along with rise in sea level, intense tropical cyclones causing floods, an erratic monsoon and intense heat stress are likely to affect India in the near future.…
THE UK has been granted "dialogue partner" status by the Association of Southeast Asian Nations (ASEAN), UK's Foreign, Commonwealth and Development Office (FCDO) announced last week (5), saying that the partnership is expected to lead to closer cooperation between the UK and the region on a range of issues such…
LUXURY automaker Mercedes-Benz India has signed a memorandum of understanding with Delhi Skill and Entrepreneurship University (DESU) to provide a one-year Advanced Diploma in Automotive Mechatronics (ADAM) course. The programme is an initiative by Mercedes-Benz India conducted with the help of educational institutions to fulfil the requirements for superlative service…
INDIAN prime minister Narendra Modi on Monday (9) unveiled a National Mission for Edible Oil – Oil Palm (NMEO-OP) to make the country self-sufficient in cooking oils, including palm oil, while stressing on reducing dependence on imports. Addressing a virtual event on the PM-Kisan scheme, Modi said an investment worth…
INFORMAL talks are underway to deal with the impact of two rulings by the Supreme Court of India that threaten repayment of loans totalling almost Rs 500 billion ($6.73 billion) to some of the country’s largest banks, Reuters reported citing some informed bankers. The banking sector in India is already…
AFTER India's largest slum defeated the pandemic, some of its young residents pulled out their phones to write, shoot and release a triumphant rap video. "At first we were afraid, what would happen to us? But we stood with the doctors... now it's your turn", rapped the young men in…
