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NCLT admits BluSmart Mobility into insolvency

BENGALURU: The National Company Law Tribunal (NCLT) in Ahmedabad has admitted Catalyst Trusteeship’s petition against electric‑cab operator BluSmart Mobility for defaulting on dues of about Rs 1.28 crore. The tribunal’s order initiated the corporate insolvency resolution process (CIRP) and appointed NPV Insolvency Professionals Private Ltd as the Interim Resolution Professional (IRP).BluSmart, once a high‑profile player…

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India’s diplomatic engagement with Syria: First formal meetings held with transitional government | India News

File photo: Syria’s interim President Ahmad al-Sharaa (Picture credit: AP) NEW DELHI: An Indian diplomat has held meetings with Syrian ministers in Damascus in what appears to be India’s first formal outreach to Syria’s transitional government led by former Hay’at Tahrir al-Sham (HTS) leader Ahmed al-Sharaa.Suresh Kumar, director of the West Asia and North Africa…

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Railroad consolidation push: Union Pacific proposes $85bn merger with Norfolk Southern to create first US transcontinental network; STB nod seen as key hurdle

Union Pacific on Tuesday announced an $85 billion proposal to acquire Norfolk Southern, a move that would create the first coast-to-coast freight railroad in the US and could potentially trigger a final wave of consolidation in the rail industry.The merger would link Union Pacific’s vast network across the western US with Norfolk Southern’s operations in…

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Dubai launches innovative project to modernize mosque lessons and unify preaching content | World News

Using storytelling and live engagement, Dubai’s IACAD ensures mosque lessons stay relevant in modern society, especially for kids and youth/ Image: WAM The Islamic Affairs and Charitable Activities Department in Dubai (IACAD) has introduced a fresh initiative called “Development of Mosque Lessons and Unification of Preaching Content” as part of its IACAD-X projects. This program…

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US market today: Stocks edge higher as Fed meet, China tariff talks weigh; JetBlue, SoFi jump while Merck, UnitedHealth drag

Wall Street inched up on Tuesday with the S&P 500 and Nasdaq hitting fresh record highs, but gains were capped as investors remained cautious ahead of the Federal Reserve’s interest rate decision and the outcome of high-stakes US-China trade talks.The S&P 500 rose 0.2% in early trading, building on a six-day record streak, while the…

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‘Terry Long, football gave me…’: Manhattan shooter Shane Tamura’s strange manifesto makes motive clear, ‘They failed us’

Manhattan shooter Shane Tamura blamed NFL for his brain disease and addressed a manifesto to Terry Long. Shane Tamura, the 27-year-old crazed gunman who killed an NYPD officer, a Blackstone executive and two others in a random shooting inside a Midtown skyscraper that houses many offices, carried a strange note in his pocket. The note…

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TCS layoffs: Amidst mass sackings, Tata Consultancy Services stops salary hikes & senior level hiring; ‘huge cost cutting in…’

TCS communicated to its employees through an internal email on Saturday regarding challenges from market and economic uncertainties. (AI image) TCS layoffs: Tata Consultancy Services (TCS) has decided to stop recruitment of senior staff and freeze yearly salary increments across its global operations. This decision follows the company’s recent announcement to reduce its over 6…

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Tariff impact: Donald Trump’s new import duties could push US factory costs up to 4.5%, economists warn; flag risks to jobs, AI growth and margins

As President Donald Trump prepares to implement a sweeping set of new import tariffs starting August 1, a new analysis suggests these policies could significantly strain US manufacturers by raising their costs between 2% and 4.5%. The research, conducted by the Washington Center for Equitable Growth, warns that such increases may crimp already-thin profit margins,…

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Sydney Sweeney’s American Eagle ad faces backlash: Megyn Kelly slams ‘lunatic left’ for calling campaign ‘white supremacist’ – watch video

TV host Megyn Kelly slammed critics on Monday who accused actress Sydney Sweeney’s new American Eagle ad of promoting white supremacy, calling the controversy “absurd” and blaming the “lunatic left” for creating outrage.Speaking on her podcast, The Megyn Kelly Show, the host said Sweeney is being unfairly labeled a white supremacist over her role in…

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