Reliance, Disney complete process to set up Rs 70,000 crore media joint venture

New Delhi, 14/11: Reliance Industries Limited and and Disney on Thursday announced the completion of transactions to form the long-pending joint venture that they had announced earlier. The transaction values the JV at Rs 70,352 crore (~US$ 8.5 billion) on a post-money basis, excluding synergies. At the closing of the transactions noted above, the JV…

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BJP’s Arjun Singh claims conspiracy to kill him, TMC calls him mentally bankrupt

Kolkata, 14/11: Senior BJP leader Arjun Singh on Thursday claimed that conspiracies were being hatched to eliminate him and alleged that these efforts were politically motivated due to his opposition alignment. I am being maligned, and there are plans to eliminate me,” Singh told reporters after appearing before the CID in connection with alleged irregularities…

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AM/NS India organises workshop on sustainable mining

Barbil, 14/11 ArcelorMittal Nippon Steel India (AM/NS India)organised a one-day workshop on the theme of ‘Ironore beneficiation andits development for sustainable productivity in mining’in Barbil. In the forum, several domain experts discussed and deliberated on challenges faced by mining companies in leveraging the depleting grade of iron ore resources in India. Inaugurating the workshop, Shri…

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ED launches fresh raids against lottery king Santiago Martin

Chennai, 14/11: The Enforcement Directorate on Thursday conducted fresh searches against Chennai-based ‘lottery king’ Santiago Martin, the single biggest donor to political parties with over Rs 1,300 crore in electoral bonds, as part of a money laundering investigation, official sources said. The action comes after the Madras High Court recently allowed the ED to proceed…

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IndiGo Nagpur-Kolkata flight gets bomb threat, makes emergency landing in Raipur

Raipur,13/11: A Kolkata-bound IndiGo flight with 187 passengers and six crew members onboard made an emergency landing at Raipur airport on Thursday morning following a bomb threat to the aircraft, police said. The aircraft, which had taken off from Nagpur for Kolkata, was diverted after airport authorities received the threat, Raipur’s Senior Superintendent of Police…

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