A day after an FIR was filed against 35 persons on board US ship 'M V Seaman Guard Ohio,' detained for straying into Indian waters carrying weapons and ammunition, a multi-agency investigation, including officials from Research and Analysis Wing and Intelligence Bureau, has begun, sources said on Tuesday.
In a mega-contract worth over $1.6 billion, state-owned Israel Aerospace Industries will provide advanced medium-range surface-to-air missile systems to the Indian Army.
Reliance Industries Ltd will acquire German firm Metro AG's wholesale operations in India for Rs 2,850 crore as the conglomerate run by billionaire Mukesh Ambani seeks to strengthen its dominant position in India's mammoth retail sector. "Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Ltd, signed definitive agreements to acquire a 100 per cent equity stake in Metro Cash & Carry India for a total cash consideration of Rs 2,850 crore, subject to closing adjustments," said a joint statement. Through this acquisition, Reliance Retail will get access to a network of Metro India stores located in prime locations across key cities, along with a large base of registered kiranas and other institutional customers, and a strong supplier network.
The two are members of Al Qaeda's sleeper cell and motivate youths of the steel city as well as other parts of Jharkhand to join and expand the organisation, he said.
In a fresh twist in the fight to gain supremacy in the Indian retail market, billionaire Mukesh Ambani's Reliance Retail has slapped notices on Future Retail for terminating sub-leases of 950 stores it had taken over previously. In stock exchange filings, the Kishore Biyani-led debt-laded Future Group firms said they have been served notices to terminate the lease of 835 Future Retail stores and 112 Future Lifestyle stores. Last month, Reliance Retail had taken over store spaces for which the Future Group couldn't pay lease rent. These were then sub-let to the Future Group for operation.
The 74-year-old real estate mogul-turned politician, who radically changed politics in the corridors of power in Washington, DC over the past four tumultuous years, was impeached for a second time on the charges of 'incitement of insurrection' for the violent storming of the United States Capitol by his supporters just days before the end of his four-year term.
Days after India voted against it at the United Nations, Israel on Sunday hoped the Indian decision would not impact on the robust Indo-Israel ties in strategic areas of defence and security, to which they have added some more "ingredients" in the past few months.
The recent currency volatility - rupee's depreciation against international currencies - may have given heartburns to automakers that rely on imports or pay royalty to parent companies abroad. But for Maruti Suzuki India, favourable movement of the yen - the currency that matters the most - against the Indian rupee, has given it reasons to cheer. The yen's sharp fall against the rupee and the rupee's depreciation against the US dollar, which in turn will bump up export realisations, are set to give a margin boost to the maker of Baleno and Brezza, said analysts. The softening of commodity prices and slew of new SUV launches in the coming months will also aid margins, they said.
Our large military requirements make for an enormous buyer's leverage, which the defence ministry fritters away in piecemeal purchases
Beijing will be intently watching Washington's response for any hint of weakness. Xi Jinping, who feels China has a limited window of strategic opportunity, will be emboldened to take additional initiatives in the Indo-Pacific and specifically against India and Taiwan, warns Jayadeva Ranade, the former senior RA&W officer and China expert.
Russia has almost completed the delivery of major components of the second regiment of the weapon systems.
Indian Mujahideen's bomb-maker Abdul Subhan's is a case which would make authorities think twice about releasing deadly terrorists on the basis of good nature. Arrested in 2000 for supplying RDX and AK-47 rifles, he was sentenced to 10 years imprisonment by a court. However, because of his good conduct in jail he was released in 2010.
Donald Trump, known for his unpredictable leadership style, divisive rhetoric targeting both allies and opponents, and the only US president to be impeached twice, left the White House on Wednesday with a tainted legacy never seen before in American political history.
"The solution to terror is peace, development and progress and not unemployment, hatred and fear," he said.
Once installed, the LAIRCAM system increases crew-warning time, decreases false alarm rates and automatically counters advanced intermediate range missile systems.
Gen Pande said India will have to especially watch out for the stance of its two adversaries in the emerging geopolitical scenario, in an oblique reference to China and Pakistan.
This is causing a shortfall of critical ammunition within the army at a time when the MoD is making emergency purchases from the global arms market to cater for a possible clash with China.
An increase in sales across all categories in the automobile industry, has made need for higher working capital inevitable.
"Transfer of advanced systems, where there is an open intention of conversion into nuclear delivery platforms, calls into question the commitment of international suppliers to non-proliferation commitments," Pakistan Foreign Office spokesperson Aisha Farooqui said.
To boost Make in India in defence production, Finance Minister Nirmala Sitharaman on Saturday said foreign direct investment limit in defence manufacturing will be hiked to 74 per cent from 49 per cent while some weapons and platforms will be banned for imports.
"Water has gone above the head. Now we mean business. You (Centre) will arrange everything now," the court said.
A Chinese media report said Wei and Singh are attending the event in Moscow and they are likely to meet there over the border tension in eastern Ladakh. "Our Defence Minister would not be meeting the Chinese Defence Minister," Defence Ministry Spokesperson Bharat Bhushan Babu said when asked about the Chinese media report.
'It was deliberate,' the Russians allege.
'Whoever owns the best chip industry will be the Saudi Arabia of the era of data,' predicts Rajeev Srinivasan.
Days after billionaire Mukesh Ambani-led group took some of the stores of Future Group, whose lease had expired due to the non-payment of rent, Amazon.com Inc on Tuesday accused the two of 'fraud' and said such 'contumacious' transfer will be liable to legal action.
Sources said the pandemic and the response of the government is likely to be discussed in the virtual meet.
'There are reports that the Biden administration is contemplating imposing CAATSA sanctions against India, the largest democracy on Earth'
Drug firm MSD has decided to enter into voluntary licensing agreements for investigational oral antiviral drug candidate 'Mmolnupiravir', which is being studied for the treatment of Covid-19, with Indian drug firms Sun Pharma, Cipla, Dr Reddy's, Emcure Pharma and Hetero Labs, its Indian arm said on Tuesday.
The Bharatiya Janata Party's youth wing leader Pamela Goswami was arrested with cocaine from south Kolkata's upscale New Alipore area on Friday, the police said.
The US has already imposed sanctions on Turkey for the purchase of a batch of S-400 missile defence systems.
The Tata group is looking to make a foray into semiconductor (also known as chips) manufacturing and it has set up a business to seize the opportunity, Chairman N Chandrasekaran said on Monday. "At the Tata group, we have already pivoted into a number of new businesses like electronics manufacturing, 5G network equipment as well as semiconductors, in all probability," he said while speaking at the annual general meeting of the IMC Chamber of Commerce and Industry. Chandrasekaran said global supply chains, currently heavily dependent on China, would see a big change in a post-pandemic world with businesses shifting their reliance to other countries.
Since becoming the president of the UAE, Sheikh Khalifa has presided over a major restructuring of both the Federal Government and the government of Abu Dhabi.
From the new facility, buses would be rolled out from the second quarter of 2015
Mikheev said Russia and India are holding talks with a view to sign a contract for 48 (Mi-17V-5) helicopters.
The accused persons held training camps at various regions to recruit cadres at all levels for commission of terrorist activities of the CPI (Maoist), the anti-terror agency said.
The United States has made it clear to India that it is "discouraging" it from proceeding with its acquisition of S-400 missile defence systems from Russia but Washington will have to weigh "important geostrategic considerations" while taking a decision on growing calls for a presidential CAATSA waiver to New Delhi, President Joe Biden's nominee for Coordinator for Sanctions Policy has told lawmakers.
The government will transfer about Rs 16,000 crore of unpaid fuel bills and other pending dues that Air India owes to suppliers, to a special purpose vehicle before handing over the loss-making airline to the Tata Group, a senior official said. Air India Assets Holding Ltd (AIAHL), which will hold non-core assets of Air India such as land and building, will also be saddled with 75 per cent of the airline's debt that the Tata Group is not taking over. Besides the debt, the excess liability going to AIAHL comprises unpaid fuel bills to oil companies, airport operators and vendors, said Tuhin Kanta Pandey, Secretary to the Department of Investment and Public Asset Management - the department running the privatisation programme of the government.
From small restaurants to mighty software companies, it is businesses, not the government, that create jobs. Yet, in a cruel irony, they have to fight extortive and brutal State power every step of the way, says Debashis Basu.
The rally in the broader markets, a spate of new listings, and the influx of retail investors have resulted in a boom for research and this has spurred a surge in the number of entities providing such services. From 467 entities that provided research services as of March 2018, the number jumped 57 per cent to 733 as of March 2021. And, another 46 entities have been added to the list in the six months since, to take the total number of registered research analysts to 779 as on September 13. However, the total number of analysts could be a multiple of this number.
'If the dimensions of the strategic partnership worked out by India and the US seem like a grand alliance targeted at you-know-who, China had better realise that it has fathered it,' says B S Raghavan, a long time observer of China.
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