NEW DELHI: Two major railway PSUs – Rail Vikas Nigam (RVNL) and Ircon International – are set to be merged as part of a move to create a bigger entity that can take up larger domestic and international projects, instead of competing with each other, top officials said Tuesday.This marks the second PSU merger after…
A Turkish Air Force F-16 fighter jet crashed during a mission flight in the early hours of Wednesday, killing the pilot. Footage of the initial moments of the crash on the highway in BalÄąkesir shows the aircraft descending shortly after takeoff.The aircraft, assigned to the 9th Main Jet Base Command in BalÄąkesir, crashed around 00:50…
Walmart-backed fintech major PhonePe is targeting a valuation of $9 billion to $10.5 billion (about Rs 75,000 croreâRs 87,000 crore) for its upcoming India IPO, with plans to raise around $1.05 billion through an equity sale, sources aware of the development told news agency PTI.The expected valuation is lower than the companyâs last funding round…
The State Bank of India (SBI) on Saturday announced the launch of a $500 million syndicated social term loan facility focused exclusively on womenâs economic empowerment, with a greenshoe option, ahead of International Womenâs Day.In a statement, the countryâs largest lender said the transaction marks a milestone for both SBI and the global ESG financing…
India’s Rohit Sharma, Virat Kohli (PTI Photo/Arun Sharma) Former India cricketer Yograj Singh has stirred a fresh debate around longevity and relevance in Indian cricket, taking a sharp dig at Virat Kohli and Rohit Sharma amid growing conversations around age and retirement.With both Kohli and Rohit now active only in one format after stepping away…
The discovery of an Ancestral Puebloan chamber dating back to the eighth century in the barren sandstone passageways of a New Mexico canyon has thrown archaeologists completely off their conventional timelines. According to the National Park Service, the site was sealed in a block of solid, non-terrestrial isotopic composite and contains yucca fibre, traditional artefacts,…
PM Modi and UAE president Sheikh Mohamed bin Zayed Al Nahyan (File photo) NEW DELHI: PM Narendra Modi spoke to the UAE President, Mohamed bin Zayed Al Nahyan, for the second time since the war started in West Asia on Feb 28 and reiterated India’s strong condemnation of all attacks on the Gulf country, which…
MUMBAI: Staging a spirited recovery, stock markets pared early losses to close higher on Thursday, sensex rising by 185 points and Nifty settling above 22,700 on strong value buying in IT and banking shares and a sharp rebound in the rupee.Rebounding more than 2,000 points from the dayâs low, sensex finally settled higher by 185…
The announcement that 16-year-old Rangrez, an Indian restaurant in London, will be shut down was just the beginning as Indian-origin owner Harman Singh Kapoor triggered a massive row over his attack on Muslims. One of the reasons for shutting down his restaurant was threats by Pakistanis, he disclosed earlier and blamed the police for their…
Actor-dancer Nora Fatehi got candid about love, dating and gender dynamics in a recent chat, admitting that while sheâs financially independent, she still desires emotional care and effort from a partner. Nora also addressed how her success impacts her dating life. âIâve heard so many people say, âYouâre intimidating, thatâs why I didnât approach you,ââ…
