On June 30, mining and metals giant Vedanta, announced that it had decided to initiate a strategic review of its steel and steel-making raw material businesses. The review would begin immediately and evaluate a broad range of options, including but not limited to a potential strategic sale of some or all of the steel businesses, the company said in its stock exchange filing. The signs have been there - approaches had been made to steel players over the past year. Last December, Anil Agarwal, chairman Vedanta group, told Business Standard that the steel plant capacity was about 3 million tonnes (mt).
Bezzecchi came out with flying colours registering the best time to grab his third pole of the season.
Titanic Director James Cameron has reacted to the demise of five individuals, who were aboard the submersible Titan that was destroyed in a 'catastrophic implosion' during an exploration dive to the wreckage of the Titanic.
The status of the current submarine force level is alarming and we need to address the threat perceptions expeditiously. Critical decisions pertaining to national security cannot be delayed any further due to the rapidly changing maritime threat perceptions and growing strategic importance of the Indian Ocean region, asserts Commodore Venugopal Menon (retd).
Prime Minister Narendra Modi Wednesday said the International Monetary Fund (IMF) sees India as a "bright spot" in the global economy and as per the World Bank, India is in a better position to deal with the global headwinds than many other countries. This is because of India's strong "macroeconomic fundamentals", Modi said while virtually addressing the inaugural function of the 7th edition of Invest Madhya Pradesh-Global Investors Summit in Indore. In the past eight years, the government has increased the speed of reforms and removed many hurdles in the way of investments.
'Our civil society here is vibrant, and courageous, although it is beaten up and beaten down, repeatedly.'
Defence Minister Rajnath Singh on Tuesday handed over to the Army a raft of home-grown military hardware including unmanned aerial systems, quick reaction fighting vehicles, patrol boats and surveillance equipment for boosting its overall combat capability in eastern Ladakh.
In the last five years, 37 bridges have collapsed in Uttarakhand. Another 27 bridges are on the brink of collapse. 'Our politicians don't view these bridge collapses as a setback.' 'Rather they see them as an opportunity to make more money.'
Automobile retail sales in India clocked best-ever performance last month aided by robust registrations across segments including passenger vehicles, two-wheelers and commercial vehicles, automobile dealer' body FADA said on Friday. The overall automobile retail sales rose by 26 per cent to 23,80,465 units last month, as compared with 18,93,647 units in November 2021. "November 2022 has clocked highest retails in the history of Indian automobile Industry with March'20 as an exception when retails were higher due to BS IV to BS VI transition," Federation of Automobile Dealers Associations (FADA) president Manish Raj Singhania said in a statement.
Telecom operator Bharti Airtel will start rolling out 5G services later this month as it signed requisite agreements with Ericsson, Nokia and Samsung. At the recently held much-awaited spectrum auction for 5G services by the Department of Telecom, Airtel bid for and acquired 19867.8 MHZ spectrum in 900 MHz, 1800 MHz, 2100 MHz, 3300 MHz, and 26 GHz frequencies. "We are delighted to announce that Airtel will commence roll out of 5G services in August.
A woman police official engaged in a vehicle checking drive near the Jharkhand capital Ranchi was mowed down on Thursday by a pickup van allegedly involved in cattle smuggling, an officer said.
Chappell also threw some light on the 'Sandpaper Gate' scandal of 2018 as the former Aussie captain said that he had huge 'sympathy' for Australian batter Steve Smith.
'Imagine for a soldier -- first you conquer territory after fighting a fierce battle, suffer casualties and then you are ordered to come back to your side of the International Border in India.'
Sukanya Verma toasts the man, the movies and the many, many, MANY memories he's made on big screen through 80 Amitabh Bachchan moments.
Germany's Nico Hulkenberg will replace Racing Point driver Sergio Perez at this weekend's British Formula One Grand Prix after the Mexican was ruled out by a positive COVID-19 test result. Hulkenberg, a veteran of 177 Grands Prix, raced for the team when they were known as Force India. He competed for Renault last season.
In a first, the Comptroller and Auditor General's (CAG) officers reached out to several ministries in the last week of April as part of a confidence-boosting measure. The meeting brought the CAG officials and those from the ministries across the table to discuss the pain points in their relations. CAG of India Girish Chandra Murmu took this novel step because of growing tensions between those audited and the auditor.
Billionaires are not only eyeing a profit as they push mankind out into the stars.
It appears India will be among those nations consigned to being among the watchers and not participants of this crucial phase, observes Aakar Patel.
Norway's Kjetil Jansrud sped to Olympic gold in the men's Super-G alpine skiing on Sunday and Eva Samkova of the Czech Republic won the women's snowboarding cross on the testing course where a Russian skier broke her back a day earlier.
'Wherever in the world there is political instability, those countries are beset with severe crises today. But India is in a much better position than the rest of the world due to the decisions taken by my government in the national interest,' President Droupadi Murmu said in her address to both Houses of Parliament.
Testosterone not rationale is the driving force behind KGF franchise, observes Sukanya Verma.
Given the sheer size of the state, achieving a similar turnaround in Punjab as promised could be a different ball game altogether, reports Sai Manish.
India's goal of self-reliance has been paramount in the policy and practice of the country. The COVID-19 crisis gave us lessons on how to speed up efforts in that direction, he said.
'If I get a chance to go inside the house again, I would show them that a hungry lion attacks, but an injured lion wreaks havoc.'
Luminaries call for Cricket Australia chairman to resign
So, what's the problem if our present is screwed up when the future promises to be profitable? It's an Indian habit, notes Shyam G Menon.
Virtually addressing employees of Air India across the globe, he said for the airline to be the best again there will be an organisational redesign, and it will "require a huge transformation, probably the largest transformation and the change all of you would ever go through". The carrier will expand its "outreach both domestically and internationally" and it has the desire to connect India with every part of the globe, he added.
Few people know Ratan Tata as well as R K Krishna Kumar does. Widely perceived to be among the managers closest to Tata, Krishna Kumar assesses Ratan Tata, the man and business leader, in this exclusive interview to Rediff.com's Vaihayasi Pande Daniel.
Commenting on the batsman who troubled them most, both named former South Africa skipper Graeme Smith.
'It's looking odds-on there won't be a data protection law before this edition of the Lok Sabha is dissolved.' 'This limbo has enabled all sorts of businesses that would be illegal in countries that do have data protection laws,' notes Devangshu Datta.
India will soon invite foreign businesses to help expand its once-mighty but now outdated railways, government sources said, in a move that would mark the opening up of one of the country's last great state-controlled industries.
The Coast Guard's latest and largest offshore patrol vessel, Samarth, was on Tuesday commissioned at Vasco Da Gama in Goa by Defence Minister Manohar Parrikar who asked the force not to sit on past laurels and focus on securing India's maritime interests.
'As a donor, you may think you are saving one life. But you touch the lives of the entire family and community associated with the person. And it only cost you a few hours of your life.'
Govt to play enabler not handler, India never had more decisive government: PM Modi Prime Minister Narendra Modi on Monday cited his dispensation's push for wide-ranging reforms, including the privatisation of Air India, to assert that the country never had a more "decisive government". Launching the Indian Space Association (ISpA), an industry body aspiring to be the voice of the country's space sector, Modi noted that fields like mining, coal, defence and space have been opened to private players, and said his government's clear policy about public sector enterprises is to open those to private industry where its presence is not required. While opening a host of sectors, the government has built a regulatory environment in which priority has been given to national interest as well as the interests of different stakeholders, he said.
Can you help this Indian achieve aviation history?
Asteroid 2011 UW-158, an asteroid with 90 million tons of platinum core worth over five trillion dollars, hurtled past earth early Monday morning.
Analysts believe total cost of production at Rs 1,000/tonne reasonable for power firms.
The Cabinet can take a decision on the matter only after the Election Commission's approval.
The government is open to discussions on all issues, the prime minister told journalists in Parliament complex ahead of the beginning of the session.
The government also increased the power of the FIPB.
At $2.6 trillion, the Indian economy is currently ranked sixth in the world behind the US, China, Japan, Germany and the UK.
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