Business

Business

Mine fire: After the death of 32, Kazakhstan terminates ties with ArcelorMittal

October 28, 2023 Vinayak Barot

Virendra Pandit    New Delhi: After the second mine fire since August at an Arcelor-Mittal site in Kazakhstan, which claimed 32 lives, the Central Asian nation has terminated “cooperation” with the multinational steel behemoth headed by billionaire Laxmi Mittal. In August, five miners were killed in an accident at a mine in the same region, […]

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Trade: Indo-British negotiations on the FTA reach the final stage; may be signed soon

October 28, 2023 Vinayak Barot

Virendra Pandit   New Delhi: India and the United Kingdom, which reviewed the much-awaited Free Trade Agreement (FTA) between them, are likely to ink it in the next few months. The two countries, whose negotiations on the proposed FTA have reached the final stage, reviewed the progress when Union Commerce and Industry Minister Piyush Goyal […]

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Apple: The Tatas acquire Wistron India, to manufacture iPhones by 2025-26

October 27, 2023 Vinayak Barot

Virendra Pandit   New Delhi: The Tata Group will start making Apple iPhones in India for domestic and global markets within two and a half years, Union Minister of State for Electronics and Information Technology Rajeev Chandrasekhar said on Friday. The Tata Group has acquired the India operations of Apple supplier Wistron Corp, which announced […]

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Business

Roving Periscope: As Israel tightens its noose on Gaza, the US strikes Iran-linked Syrian facilities

October 27, 2023 Vinayak Barot

Virendra Pandit    New Delhi: As Israel continued relentless air strikes on the Gaza Strip and its tanks and armored vehicles made brief forays into Northern Gaza before returning to their base on the 20th day of its all-out war against the Sunni terror outfit Hamas, the ongoing conflict in the Middle East threatened to […]

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Technology: India to lead the world in 6G rollout, says PM Modi

October 27, 2023 Vinayak Barot

Virendra Pandit   New Delhi: After seeing the fastest roll-out of the 5G across the country, India is poised to lead the world in the 6G as well, Prime Minister Narendra Modi said on Friday. Addressing the Seventh India Mobile Congress, he said the government is working on becoming a leader in 6G as well. […]

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Mass shootings: Massive manhunt on in the US for the ex-soldier killer of 22

October 26, 2023 Vinayak Barot

Virendra Pandit   New Delhi: Police launched a massive manhunt and searched Lewiston and surrounding areas of Maine State for a man sought in connection with mass shootings at a bar and a bowling alley, as news outlets reported a death toll ranging from 16 to 22, with dozens more wounded. Officials said there were […]

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Technology: First AI Safety Institute to come up in the UK, says PM Sunak

October 26, 2023 Vinayak Barot

Virendra Pandit     New Delhi: With Artificial Intelligence (AI) emerging both as a boon and a bane, the United Kingdom has decided to set up the world’s first AI Safety Institute as the European country takes the lead in examining and testing new types of AI. British Prime Minister Rishi Sunak, who completed one […]

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“Extreme competition”: America working with G-7 members to compete with China’s BRI

October 26, 2023 Vinayak Barot

Virendra Pandit   New Delhi: The United States is working with other G-7 members to compete with China’s Belt and Road Initiative (BRI) through a network of infrastructure projects, including a railroad connecting Saudi Arabia, and Israel, with Europe under the proposed India-Middle East-Europe Economic Corridor (IMEEEC), President Joe Biden said. The Group of Seven […]

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Roving Periscope: Biden hints at anti-IMEEEC forces for the Hamas attack on Israel

October 26, 2023 Vinayak Barot

Virendra Pandit    New Delhi: United States President Joe Biden has hinted that those working against the proposed India-Middle East-Europe Economic Corridor (IMEEEC), mooted during the G-20 Summit in India in September, may be among the reasons for the October 7 invasion of Israel by Hamas. It may also point the finger at China whose […]

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The Adani Group has always conducted its business in compliance with all applicable laws and regulations

October 25, 2023 Vinayak Barot

Ahmedabad : With reference to the Bloomberg report on the National Financial Reporting Authority (NFRA), a spokesperson for the Adani Group said: “We strongly reject any suggestion that Adani Group and its businesses have not acted as per the regulations and accounting standards of the jurisdictions in which we operate. “The Adani Group has always conducted […]

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