IPO-bound mobility platform Ola, said it has successfully raised $500 million via a Term Loan B (TLB) from marquee international institutional investors. This term loan has no impact on the valuation of Bhavish Aggarwal-led Ola. The Bengaluru-based firm recently raised $139 million. This is part of a $1 billion funding round for which the company is in talks with investors, increasing its valuation to about $7.5 billion, according to the sources.
The president also said one of his daughters has been given a shot of the COVID-19 vaccination. "One of my daughters got vaccinated. In fact, she took part in an experiment. After the first vaccination, she had a [body] temperature of 38 degrees [Celcius, 100 degrees Fahrenheit], the next day slightly higher than 37 [degrees], that's all," he said.
The MHA order says the cancelled NGOs did not submit to the ministry details of amount of foreign contribution they received
Urban planners and real estate experts say bad town planning in Mumbai and rising deaths during the ongoing pandemic are a "sad reality". Dev Chatterjee and Raghavendra Kamath report.
Singh, who arrived in Moscow on Wednesday on a three-day visit to attend a crucial meeting of the Shanghai Cooperation Organisation (SCO), pressed for expediting supply of a number of weapons systems, ammunition and spares to India by Russia under contracts which were concluded earlier.
'If a 'two-front war' develops, Iron Brother may only turn out to be a drag on the PLA, since Pakistan is in no position to wage a war with India,' argues Ambassador M K Bhadrakumar.
'What we have heard from the Sri Lankans is their desire to have a foreign policy that allows Sri Lanka to best advance its own interests rather than a foreign policy that relied solely on one relationship.' 'We think this is an attitude that makes a lot of sense. India and Sri Lanka have many areas of shared interests, and it's certainly welcomed by us to see that deepening of those ties.'
The PM said Japan and the Indian diaspora has a big role to play in India's growth story.
The powerful United Nations Security Council on Monday unanimously adopted a resolution that endorses the landmark nuclear deal between Iran and six world powers.
This year Olympic Games could feature an athletics programme without two of the sport's most powerful nations -- Russia and Kenya -- while a third, Ethiopia, is under immense pressure to show it has adequate anti-doping measures.
The eight active NASA astronauts and one former astronaut-turned-corporate crew member will launch on Boeing CST-100 Starliner and SpaceX Dragoncapsules to the International Space Station beginning in 2019.
Despite the relaxation of the one-child policy in 2016, the number of live births per 1,000 people fell to a record low of 10.48 in 2019, down from 10.94 in 2018.
He said the US will apply other punitive measures if Tehran does not give up its reported goal of developing nuclear weapons.
When Italy's cash-strapped soccer clubs meet on Monday to prepare for a new deal on broadcast rights, their deliberations will be coloured by the unhappy knowledge that Italian football is in a dismal state and viewers are switching off.
If these reports are true, it means that it possesses something much more powerful than it has tested in the past. North Korea has run nuclear tests in the pasts, but this announcement has sent panic waves internationally.
The searches are linked to suspected movement of hawala money during the ongoing polls season and tax evasion.
The new records for extreme lightning bursts, or 'megaflashes', during 2019, are more than double the size and duration of the previous record flashes.
After years of living with his family in a poky 110 sq. ft. 'house', textile worker Sambhaji Surve dreams of moving into a home four times the size once the Maharashtra government starts its ambitious redevelopment of the 39-acre Kamathipura shanty town in south-central Mumbai. Sharing his dream are about 8,000 other families hoping for a better life when the redevelopment project, part of the government's effort to redevelop old settlements and make life more livable for some residents, gets underway. The Shiv Sena-Nationalist Congress Party aims to redevelop BDD Chawl and Dharavi but for Surve all the matters is Kamathipura where he arrived in the 1970s from Nasik to work in a textile mill. Kamathipura was originally built 150 years ago following construction of a causeway to connect the seven islands of Mumbai. From the British Raj to post-independence, it became infamous for slums and brothels.
China will also set up 50 joint laboratories with countries participating in the Belt and Road initiative to enhance cooperation on innovation.
The reversal of Trump's policy with regard to Iran, like the withdrawal from the Paris Agreement, may not be a matter of just turning the clock back, but one of patient negotiations, with uncertain consequences in the post-COVID-19 world, observes Ambassador T P Sreenivasan.
'The numbers of troops on both sides are enormous.' 'They are about 50,000-60,000 soldiers facing each other in that sector -- that's about the total number of troops that both sides had in the 1962 War in all sectors.'
N Sundaresha Subramanian digs deeper into what Catalyst, an Indo-US project, brings to the payments ecosystem.
Around 15 years ago, when Reliance Industries (RIL) struck natural gas in the Krishna-Godavari (KG) basin off the east coast, the government made plans to supply that fuel cheaply to scores of generators that sprang up in India triggered by the discovery. Most of the plants, which account for 6 per cent of India's total generation capacity, operate sparsely after the KG-D6 area first failed to meet production targets, and then finally shut shop. Affordable domestic gas was why those thermal plants came up and the rate of the fuel today is why those generators hardly operate. Record liquefied natural gas (LNG) rates may yet again unravel India's ambitions to expand use of gas in industries, households and vehicles. Rates, while volatile, may stay strong this decade as developed nations with higher purchasing power embrace gas as the transition fuel.
The ICMR is working on a war footing to develop the testing ecosystem -- especially for the screening blood tests. NIV, Pune, is in the process of validating antibody-based screening kits.
The raids resulted in recovery of documents of some dummy firms linked to Mallya like Gold Reef Investments Ltd and McDowell Holdings Ltd.
The Bengaluru skies dazzled with somersaults and stunts by metal birds.
To counter the pandemic, air transport was suspended from March 25 till May 24 which rendered zero traffic at AAI airports. Even after resumption of flights, traffic is yet to pick up at airports due to quarantine measures implemented by states and an overall fear of flying.
Obama seeks reduction of nuclear arsenal in India and Pakistan while Pakistan seeks NSG membership
Up to 95 per cent of units in the Noida-Greater Noida mega industrial zone are currently shut.
The sad truth is that the debt-to-GDP ratio will shoot up close to 90 per cent in the coming year, and the fiscal deficit glide path does not promise to reduce it substantially any time soon, predicts Mihir S Sharma.
United States President Barack Obama has nominated Nisha Desai Biswal as the new assistant secretary of state for south and central Asian affairs.
'Whom do I want to marry and what decisions I make for marrying the person I love are totally personal decisions, in which neither the State nor the courts have any right to interfere.'
Banerjee, 58, was educated at the University of Calcutta, Jawaharlal Nehru University and Harvard University, where he received his Ph.D in 1988. He is currently the Ford Foundation International Professor of Economics at the Massachusetts Institute of Technology.
By Thursday, 830 confirmed cases of pneumonia, caused by the novel coronavirus (2019-nCoV), had been reported in 29 provincial-level regions in the country.
Here's a glimpse of all that happened around the world last week, in 13 images.
The Delhi metropolitan area has one of the highest concentrations of population in the world, and suffocating the people of the area on an annual basis should be treated as a crime against humanity, especially when the cause for such suffocation can be controlled, says Arvind Kumar.
With the maulana fully committed and PML (N) cadres prepared to court arrest, this would be the first time where both Punjabis and Pakhtuns would be standing up against the Pakistan army, notes Rana Banerji, who headed the Pakistan desk at the Research and Analysis Wing, India's external intelligence agency.
With this, multilateral lenders like the International Monetary Fund, the World Bank and the European Union may continue downgrading Pakistan, making its financial situation more precarious.
The 36-year-old desi speaks impeccable Arabic and quotes freely from the Quran during his speeches, reports Aziz Haniffa.
China tops the list with 3.5 million, followed by Brazil with 918,000.
