CATEGORIES

Adani group to acquire 46.8% stake in Orient Cement for ₹8,100 crore

ADANI Group's Ambuja Cements on Tuesday announced the signing of a binding agreement for the acquisition of Orient Cement Ltd (OCL) at an equity value of ₹8,100 crore. Ambuja will acquire 46.8% shares of OCL from its current promoters and public shareholders at ₹395.4 apiece. This acquisition would trigger an Open Offer, under which Ambuja will acquire an additional 26% stake at the same share price of ₹395.4 apiece.

Shrinking middle class dragging volumes growth: Nestle chairman

THE fast moving consumer goods (FMCG) sector is facing challenges as inflation continues to drag volume growth. Chairman and managing director of Nestle Suresh Narayanan blames it on the “shrinking” middle class.

BSNL not to raise tariff in near future, says CMD

STATE-owned telecom company Bharat Sanchar Nigam Limited (BSNL) has said that it won't increase tariffs in the near future even though all its private peers have raised tariffs by up to 25%.

Allianz seeks to exit JVs with Bajaj insurance

ON a day the insurance regulator has invited all companies, both domestic and foreign, to set up more insurance ventures in the country, one of the oldest JV partners — the Allianz group of Germany, which has two joint ventures with the Bajaj Group in the life and general insurance spaces — said it wants to exit.

Ukraine peace talks tied to US presidential polls

UKRAINIAN President Volodymyr Zelenskyy said the prospect of peace talks with Russia \"depends\" on the outcome of next month's US presidential election.

New Zealand airport imposes 3 min cuddle cap for drop off

EMOTIONAL farewells are a common sight at airports, but travelers leaving the New Zealand city of Dunedin will have to be quick. A new three-minute time limit on goodbye hugs in the airport's drop-off area is intended to prevent lingering cuddles from causing traffic jams.

China-Vatican deal on bishop appointment extended

CHINA said on Tuesday it agreed to extend for four years a deal with the Vatican concerning the appointment of bishops.

Afridi chosen Pak chief justice, not seniormost Shah

THE Special Parliamentary Committee constituted to decide on the appointment of Pakistan's next chief justice on Tuesday agreed on the name of Justice Yayha Afridi as the new top judge.

Maduro's ex-oil czar in dock for sharing secret

VENEZUELA's top prosecutor on Monday announced the arrest of a former oil minister and accused him of working with the US government to undermine the industry that drives the country's economy.

Two men plead guilty to murder of Air India bombing accused

TWO men accused of killing Ripudaman Singh Malik, a Sikh man acquitted in the tragic 1985 Air India Kanishka terrorist bombing case, have pleaded guilty to second-degree murder in a Canadian court, according to media reports.

Blinken asks Israel to capitalise on Sinwar's death for Gaza ceasefire

He pressed for more aid to be allowed as concerns rise for civilians

Charges framed against MLA over CAA protest

A special court of the National Investigation Agency (NIA) on Tuesday framed charges against activist-turned-MLA Akhil Gogoi and three of his associates for their alleged role during the anti-Citizenship (Amendment) Act (CAA) protests in Assam.

Oppn plans to take up RG Kar against Mamata in 6 bypolls

WITH by-elections to six Assembly seats in West Bengal scheduled for November 13, the Opposition parties have decided to corner the ruling Trinamool Congress over the RG Kar incident, in which a 31-year-old post graduate student was raped and murdered while on duty. The EC announced bypolls for Sitai (SC), Madarihat (ST), Naihati, Haroa, Medinipur, and Taldangra, as their MLAs have contested and won seats in the Lok Sabha.

Of 193 Maoists killed in encounter with security forces in Bastar, 68 women

CHHATTISGARH has witnessed more casualties of women Maoist cadres than any other Indian state. The outlawed CPI (Maoist) is believed to be most active in Chhattisgarh where they have been waging a war on the security forces for nearly four decades.

Oppn plans to take up RG Kar against Mamata in 6 bypolls

WITH by-elections to six Assembly seats in West Bengal scheduled for November 13, the Opposition parties have decided to corner the ruling Trinamool Congress over the RG Kar incident, in which a 31-year-old post graduate student was raped and murdered while on duty. The EC announced bypolls for Sitai (SC), Madarihat (ST), Naihati, Haroa, Medinipur, and Taldangra, as their MLAs have contested and won seats in the Lok Sabha.

Prosecution sanction against Ram Rahim in sacrilege cases okayed

DAYS after the Supreme Court vacated a stay on the prosecution of Dera Sacha Sauda head Gurmeet Ram Rahim Singh, the Aam Aadmi Party-led Punjab government on Tuesday gave the prosecution sanction for the controversial sect head in three sacrilege cases of 2015.

Powerful blast at Jabalpur ordnance factory kills 2 workers, injures 15 others

A powerful blast inside the Ordnance Factory Khamaria (OFK) premises in Jabalpur district of Madhya Pradesh killed at least two workers and wounded 15 others on Tuesday.

Shah's big push for coop sector

Minister says govt to set up 2 lakh new farm credit societies to empower rural communities

15-seat Maha hurdle between Congress and Uddhav sorted?

THE opposition Maha Vikas Aghadi on Tuesday decided to iron out its differences over seat-sharing by negotiating the disputed seats for the Maharashtra assembly polls.

Teesta can go abroad to attend film festival: SC

THE Supreme Court on Tuesday permitted social activist Teesta Setalvad to travel from November 14 to 24 to attend the International Documentary Film Festival in Amsterdam.

Rlys widens search for specialised technical staff

TO address specialised technical requirements, the Ministry of Railways has announced that it will recruit officers for the Indian Railway Management Service (IRMS) through both the Civil Service Examination (CSE) and the Engineering Service Examination (ESE) conducted by the UPSC starting next year. From 2022 to 2024, the recruitment was solely through civil services.

Clamour for relook as 35 of 66 BJP candidates are turncoats

AS many as 35 of the 66 BJP candidates in the Jharkhand Assembly polls are turncoats, upsetting the party workers who say their credibility is being doubted within the party. Besides, many of the close relatives of some top politicians have managed to get tickets, putting BJP workers in a tight spot over their plank of dynastic politics.

SC says 171 encounters in Assam 'very serious'

THE Supreme Court on Tuesday described the matter concerning 171 police encounters in Assam from May 2021 to August 2022 as “very serious”, noting that such petitions “could not be brushed aside as premature.”

On 19th year, RTI reels under vacant positions amid uptick in complaints

A year after the Supreme Court directed the Central and the state governments to take immediate steps to fill the vacancies in the Central Information Commission (CIC) and state information commissions (SICs), the transparency watchdog is functioning with reduced capacity, leading to inordinate delays in resolving RTI cases and backlog of complaints.

BJP's minority outreach: 26L members brought to saffron party fold during drive

MORE than 26 lakh people from minority communities, including a large number of Muslims, have become members of the BJP during its nationwide membership drive. Nearly six lakh people from minority communities have taken memberships offline. So far, the party has managed to rope in more than 10 crore members.

FOCUSING ON STATES TO ACHIEVE A VIKSIT BHARAT

THERE has been a growing realisation of the need to accelerate economic growth at the state level to take the Indian economy to a higher growth path. At NITI Aayog's ninth meeting of the governing council on July 27, Narendra Modi observed that states could play an active role in achieving Viksit Bharat by 2047. Even earlier, at NITI Aayog's governing council meeting on June 15, 2019, the PM had appealed to the states to recognise their core competence and work towards making India a $5-trillion economy.

NETANYAHU: THE MAN AND HIS MISSION

With the world waiting for Israel's response to attacks from Iran and its proxies, it's essential to understand the anxieties and convictions that drive its leader, Bibi Netanyahu

Students ask for matches at excise office for ganja, caught

STUDY tour from school turned a messy business for a group of higher secondary students after the boys accidentally entered the Narcotic Enforcement Squad office in Adimaly mistakenly thinking it as a workshop and sought for matchbox to light up their beedi rolled with ganja.

Fake website created to cheat med students, says K'giri college dean

FOLLOWING some miscreants creating a fake website in the name of Government Krishnagiri Medical College Hospital (GKMCH) and cheating MBBS aspirants, the college dean lodged a police complaint at the Krishnagiri cyber crime on Monday.

Cloud burst hits Yelahanka, 10 layouts, 4,000 homes flooded

Disaster response teams deploy boats to rescue 3,000 residents