CATEGORIES

Govt to dilute 5% in Cochin Shipyard via OFS

THE government will sell up to 5% stake in Cochin Shipyard via an offer for sale (OFS), with a floor price set at ₹1,540 per share. The issue will open for non-retail investors on Wednesday and will last for two days.

Hyundai public offer sees subdued demand on Day 1

THE initial public offering (IPO) of India's second-largest carmaker Hyundai Motor India Ltd (HMIL) received a dull response from investors on the first day as the issue was subscribed to just 18%. The issue received bids for 1.78 crore shares as against 9.97 crore shares that are up for grabs. The three-day bidding for the issue will conclude on Thursday, October 17.

India's telecom journey subject of study for world

PRIME Minister Narendra Modi on Tuesday said India's mobile and telecom journey in the 21st century is a subject of study for the entire world.

F&O position limit raised to ₹7.5K cr

Position limits will be applicable for index futures and index options separately, says Sebi

Data should remain within India: Akash Ambani

RELIANCE Jio chairman Akash Ambani urged the government to expedite the process of updating the 2020 draft of the Data Centre Policy so that Indian data remains within the country.

Vinay Equity invests in India Sweet House ahead of IPO

INDIA Sweet House (ISH), a confectionery brand, has secured a significant amount in its pre-IPO funding round, led by Viney Equity Market. The company is now preparing to file its Draft Red Herring Prospectus (DRHP) with the stock exchange to initiate its IPO.

Govt, telecom industry face-off over allocation of Satcom spectrum

IN what looks like a stand-off between the government and the telecom players over allocation of satellite communication (satcom) spectrum, communication minister Jyotiraditya Scindia on Tuesday said the Centre would provide satcom spectrum administratively, not through the auction route.

SpiceJet meets DGCA's safety norms; out of enhanced surveillance regime

IN a major relief for SpiceJet, aviation regulator DGCA on Tuesday said it has removed the low-cost carrier from enhanced surveillance regime.

Russian adrift on dingy in coldest sea of gales for two months rescued

A Russian man was rescued in the stormy Sea of Okhotsk after surviving for more than two months in a tiny inflatable boat that lost its engine, but his brother and nephew have died, officials said on Tuesday.

K-pop idol tells lawmakers of workplace harassment

A member of chart-topping Kpop group NewJeans tearfully testified to South Korean lawmakers on Tuesday as part of an enquiry into workplace harassment, amid a boardroom drama over her super producer.

China plans manned lunar mission, space station

CHINA on Tuesday announced plans to launch a manned lunar mission, construct a lunar space station and explore habitable planets and extra-terrestrial life to expand its space programme in the next few decades.

230 Chinese nationals held in Lanka for online scams

SRI Lankan police have arrested more than 230 Chinese men accused of targeting international banks in online scams, the foreign minister said on Tuesday, with help from security officials sent by Beijing.

US guarantees Beirut will face less bombs: Lebanon

Hebrew media says US pressure led to Israel to cut back on strikes

Swedish media reports Mbappe suspect in rape

A Swedish prosecutor said on Tuesday a rape investigation had been opened without mentioning Kylian Mbappe, following media reports that the Real Madrid and France star was the suspect following a visit to Stockholm.

US, Filipino troops launch joint exercises

THOUSANDS of US and Filipino troops launched joint exercises in the northern and western Philippines on Tuesday, after China held huge drills around Taiwan and a Chinese vessel collided with a Filipino patrol boat.

Maha to vote on Nov 20, J'khand on Nov 13 & 20

THE Election Commission on Tuesday announced assembly polls for Maharashtra and Jharkhand with the former going to polls in single phase on November 20 and the later in two phase on November 13 and 20. The counting will take place on November 23.

After Haryana defeat, 'cautious' Cong deputes big guns for Maha battle

STILL reeling from the shock defeat in the Haryana assembly elections, the Congress on Tuesday appointed several senior leaders, including Ashok Gehlot, Sachin Pilot and Bhupesh Baghel, as observers for the upcoming Maharashtra polls. The move is seen as a recalibration of its strategy for the crucial Maharashtra battle.

SC seeks Bengal report on civic volunteer recruitment

THE Supreme Court on Tuesday sought details from the West Bengal government regarding the recruitment process of civic volunteers.

Modi, Shah meet to firm up J'khand candidates, strategy

HOURS after the Election Commission announced poll dates for the 81-member Jharkhand assembly, the BJP's Central Election Committee (CEC) met at the party headquarters on Tuesday to select candidates and firm up strategy.

Exit polls cause major distortion, need to relook

REJECTING the Congress' allegations after Haryana assembly poll results, Chief Election Commissioner Rajiv Kumar on Tuesday said after EVM tampering row, questions are being raised on the strength of battery charge and wondered what next accusation would come.

Togadia making a comeback after his meeting with Bhagwat at RSS HQ?

HARDLINE Hindutva leader Pravin Togadia, who had distanced himself from the Sangh Parivar after resigning as the VHP international working president, visited the RSS headquarters on Dussehra after a six-year hiatus. He held discussions with RSS chief Mohan Bhagwat on various issues and also met a senior Union minister from Maharashtra.

1 more doc on fast in hosp, HC allows medics' carnival

THOUSANDS of junior doctors and medical students across India observed a 12-hour hunger strike on Tuesday to express solidarity with the junior doctors of West Bengal, who have been on a hunger strike since October 5.

Centre meets Meitei, Kuki, Naga MLAs over Manipur

IN a bid to bring lasting peace in ethnic violence-hit Manipur, MLAs belonging to different groups from the state on Tuesday came under one roof for the first time to discuss confidence measures suggested by the Union Ministry of Home Affairs (MHA), sources said.

‘Implement harassment law in religious places’

A plea has been filed in the Supreme Court seeking direction for strict implementation of Sexual Harassment of Women at Workplace Act in all religious functions and institutions.

Why Telangana site was chosen by Navy for India's 2nd VLF radar station

UNION Defence Minister Rajnath Singh laid the foundation stone for the Indian Navy's very low-frequency (VLF) radar station at the Damagundam Reserve Forest site in Telangana's Vikarabad district on Tuesday. Located around 90 km from Hyderabad, it will be built at a cost of ₹3,200 crore and help in communication with submarines.

₹34.5K cr deal done for 31 US drones

INDIA and the United States on Tuesday sealed a ₹34,500-crore deal to procure 31 Predator high-altitude long-endurance drones from American defence major General Atomics to bolster up Indian military's combat prowess along the contested borders with China.

BJP sets in motion poll process to pick new prez

To be aided by three, Laxman appointed National Returning Officer

Oppn MPs walk out of JPC meet on Waqf Bill for 2nd consecutive day

THE row over the alleged 'violation of parliamentary code of conduct' in the meeting of the joint parliamentary committee on Waqf (Amendment) Bill continued on Tuesday after several MPs from the Opposition camp staged a walkout.

BJD NEEDS TO GET OVER DENIAL, ASSESS FAULTS

ALL is not well with the Biju Janata Dal. Much as the regional party would like to put up a cohesive face, its internal affairs point to the contrary.

FOOD INFLATION CAN BE REVERSED WITH BETTER FARM LOGISTICS

DESPITE confident officialese that inflation has been tamed, the latest National Statistical Office figures show the scare is on the growl again.