After a long wait, the Shapoorji Pallonji Group has closed the sale process of its consumer durables business under the Eureka Forbes label by picking the American private equity fund Advent International's Rs 4,400-crore offer for a 72 per cent stake. The sale process, which began in November 2019, will help the over 156-year-old SP Group pair the debt pile and sharpen the focus on the flagship construction and engineering business under Afcons. The valuation of Rs 4,400 crore for a 72.56 per cent stake is is at an enterprise level and subject to closing adjustments and also includes an open offer for the remaining stake after the demerger and listing of Eureka Forbes, the SP group said in a statement on Sunday.
Operating systems are increasingly subject to cyberattacks, as many are built around legacy technologies with weaker protocols
'Our strategy should be to 'hold the line' in the north on the Sino-Indian land frontier, but maintain and, if possible, enlarge India's current edge in the maritime south.'
In a major move that will benefit hundreds and thousands of Indian IT professionals in America, the Biden administration has introduced an ambitious immigration bill in Congress which among other things proposes to eliminate the per-country cap for employment-based green cards.
Experts said attempts from China have increased in the last year, which further amplified after the Indian government banned Chinese applications post the Galwan clash.
'Breaking down silos and ensuring a more integrated governance process is just as important to performance.' 'It has been a major priority in the last six years, especially in national security,' External Affairs Minister Dr Subrahmanyam Jaishankar points out when delivering the Sardar Patel Memorial Lecture-2020: India and the Post-Covid World.
India's entry into the Wassenaar Arrangement would enhance its credentials in the field of non-proliferation despite not being a signatory to the Non-Proliferation Treaty.
'India should not be taken by surprise if the Biden administration seeks China's cooperation at some point,' alerts Ambassador M K Bhadrakumar.
"Fifteen years ago, I was leading the efforts to approve the historic civil nuclear deal with India. I said that if the US and India became closer friends and partners, then the world will be a safer place," Biden, who was vice-president in the Obama administration, said while addressing the Indian-American community on India's Independence Day.
Snooping is one of the oldest peccadilloes of man, observes Ambassador M K Bhadrakumar.
India is worried about Pakistan getting the Taliban to ignite trouble in Kashmir, observes Ramesh Menon.
The top cop of the state said despite the verdict coming out last week every district is on a "high state of preparedness" and no untoward incident has been reported so far.
'The Indian response in confining our action to our side of the LoC set a dangerous precedent,' argues Colonel Anil A Athale (retd).
The USS John Paul Jones acted like a dog marking the lamp post, observes Ambassador M K Bhadrakumar.
'The internship made me realise that pursuing online courses will not add any value if one does not know where to apply it in the real world.'
Don't reveal any information to strangers.
'India does not wish to remain silent in improving its strategic space so that its leverage to counter China's expansionist designs is maintained, besides enabling it to play a responsible role from a position of strength for peace and stability in Asia,' points out Dr Rajaram Panda.
'The US and India continue to use their deepening relationship to build new partnerships within and beyond the Indo-Pacific.'
As the pandemic unfolded, the India-China relationship has come under severe stress. To restore normalcy, agreements between the two countries must be respected scrupulously in their entirety. Where the Line of Actual Control is concerned, any attempt to unilaterally change the status quo is unacceptable, declares External Affairs Minister Dr Subrahmanyam Jaishankar.
In its response to the IT Ministry's missive, WhatsApp has said false news, misinformation and spread of hoaxes are issues that need to be dealt with collectively, by government, civil society and technology companies working together.
'It's a matter of great pride that no student of Army Goodwill Schools has ever joined terrorism.'
Shortly after a controversy erupted over government's plans to snoop on every message sent through WhatsApp, SMS, e-mail or any such service, the Department of Electronics and Information Technology clarified that social media websites and applications will be exempted from the purview of the draft National Encryption Policy.
The Centre has informed the Supreme Court that the North and South blocks, which cover nearly 27 acres housing government offices in national capital, are proposed to be converted into national museums.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
Neither Union agriculture minister nor junior ministers were present to hear our concerns. We asked why the minister is not meeting us, why the government is playing double standards by calling us here and ministers holding virtual meetings in Punjab. There was no proper response," Darshan Pal, member of the coordination committee of 29 farmers' organisations, said after the meeting.
Improved coordination between various security agencies and a quick response mechanism are the key to Mumbai's security in the nine years following the 26/11 attacks.
Massive restrictions on legal immigration - including restricting immigrants who contribute to medicine, science, and research in the United States, and who are working to develop treatments for coronavirus and other deadly diseases - will not only hinder efforts to save lives, but prevent job creation and hurt American economy as the country struggles to recover.
External Affairs Minister S Jaishankar said if 'you look at the totality of our ties and we will look at where we have strong economic synergies, where we have strong technology promptings, these are really based on the flow of talent.'
'The Chinese thought India would back off. 'They did not expect such a firm Indian response to their expansionist manoeuvre.'
'With the Balakot strike, India has now established a precedent for response to any new terrorist attack engineered by Pakistan.' 'This will stay irrespective of who wins the coming elections,' says Colonel Anil A Athale (retd).
The UK will now be taking forward a solution that brings together the work on the National Health Service app and the Google/Apple solution.
India's first integrated defence communication network was launched on Thursday enabling the army, air force, navy and the Special Forces Command to share situational awareness for a faster decision-making process.
The government also wants to ensure that content meant for radicalising youths, from outfits like Islamic State, doesn't find circulation in India.
Against the backdrop of the standoff between Indian and Chinese troops in eastern Ladakh, the White House press secy said the United States was closely monitoring the current situation and supports its peaceful resolution.
The second-year BSc (Honours) in Mathematics student had returned from Delhi in March this year after those staying in the hostel were asked to go home by the college authorities in view of the COVID-19 pandemic.
Obama seeks reduction of nuclear arsenal in India and Pakistan while Pakistan seeks NSG membership
This visit has ended on a vastly different note in comparison with Modi's previous visits. Call it a rebuke, call it a censure, call it a distancing from Modi, the sharp message would have gone home, observes Ambassador M K Bhadrakumar.
In his departure statement ahead of his week-long visit, Modi referred to Indo-US relations and said working together, the two nations can contribute to building a more peaceful, stable, secure, sustainable and prosperous world.
The attack is not focused towards any particular industry but it is widely spread across industries
A new breed of hackers has emerged, whose main aim is not necessarily financial gain but causing disruption
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