Washington DC, 29/6: Davidson Kempner Capital Management isn’t fully disbursing a $250 million loan it had extended to the Indian ed-tech firm Byju’s as the US hedge fund reviews the lending decision in light of an escalating crisis at the company, according to people familiar with the matter. The fund, which manages more than…
Washington DC, 29/6: Ajay Banga, the President of the World Bank, has been named by a prestigious philanthropic organisation to its annual “Great Immigrants” list of honourees who have enriched and strengthened America and its democracy through their contributions and actions Banga, who became World Bank chief in June 2023, is the first-ever Indian American…
Washington DC, 29/6: Apple’s stock climbed to an intra-day record high on Wednesday, and was on the cusp of ending the session for the first time with a market capitalization above $3 trillion. The iPhone maker’s shares rose as much as 1 per cent to $189.90, their highest ever. With the stock last…
Mumbai, 28/6: In what could be dubbed as a gift to the people of Maharashtra on its first anniversary, the Eknath Shinde-Devendra Fadnavis government on Wednesday announced the flagship health insurance scheme which would cover the entire 12.5 crore population of the western Indian state besides approving investment proposals worth Rs 40,000 crore which will…
UP, 28/6: In a shocking development, Bhim Army chief Chandrashekhar Azad Ravan was shot at by unidentified assailants in the Saharanpur district of Uttar Pradesh on Wednesday evening. Azad was rushed to a local hospital for treatment. Initial reports suggest that two bullets were fired at the Bhim Army chief’s car, one of them grazing…
Lords, 28/6: David Warner and Usman Khawaja shared a gritty partnership on an eventful morning as Australia battled to 73-1 at lunch on day one of the second Ashes test against England on Wednesday. Sent into bat under grey skies at Lord’s, the openers watched on as protesters sprayed orange powder on to the outfield…
Mumbai, 28/6: US-based boutique investment firm GQG Partners and other investors have bought close to $1 billion worth of stocks in Adani group’s two firms from the founding family in large block trades. The group’s flagship Adani Enterprises Ltd saw 18 million shares, or 1.6 per cent, trade in a single block while…
Washington DC, 28/6:Former US President Donald Trump on Tuesday sued E Jean Carroll for defamation, alleging she falsely accused him of rape after a jury in a civil trial found that he sexually abused her. Trump’s counterclaim against Carroll in Manhattan federal court comes after a jury’s unusual finding in May that he sexually abused…
New Delhi, 27/6: The Delhi High Court has awarded 20 years imprisonment to two men for gang-raping a Nigerian woman in 2014, saying mere absence of traces of semen during the DNA analysis does not falsify the victim’s claim and penetration was sufficient to prove the offence of rape. The high court modified the jail…
New Delhi, 27/6: The Centre has approved the mass promotion of 1,592 assistant section officers to the post of section officers with immediate effect, Union Minister Jitendra Singh said on Tuesday. He said that the promotion orders will be issued soon by the respective cadre controlling authorities. “Government has been granting mass…
