NEW DELHI: In a relief to Vedanta, the appellate tribunal NCLAT has stayed the National Company Law Tribunal orders against the demerger of the multinational mining company into separate entities and subsequent listing.The Mumbai bench of NCLT had on March 4 rejected the first motion petition moved for the composite scheme of arrangement between Vedanta…
WASHINGTON: Google on Friday urged a US judge to reject the notion of making it spin off its Chrome browser to weaken its dominance in online search.Rival attorneys made their final arguments before US District Court Judge Amit Mehta, who is considering “remedies” to impose after making a landmark decision last year that Google maintained…
Finance minister Nirmala Sitharaman NEW DELHI: Finance minister Nirmala Sitharaman on Friday said India is sustaining its GDP growth momentum as the fastest-growing economy for the fourth year in a row, aided by manufacturing, services, and farm sectors.“India is sustaining growth and it is the fastest-growing economy now for the fourth year continuously, thanks to…
Indian-origin woman Shalini Singh went missing in Canada in December. The Hamilton Police found some partial human remains at a landfill and they suspect that the remains probably belong to Indian-origin woman, Shalini Singh, who was missing since December. Police are awaiting DNA confirmation, which can take weeks, the CBC reported. Shalini Singh’s family members…
MUMBAI: RBI is looking to introduce interest rate rules for non-banking finance companies similar to those that govern banks. The goal is to improve how changes in monetary policy pass through to borrowers and to make loan pricing more transparent.As of now, when RBI changes its benchmark repo rate, banks pass on the changes quickly…
Megha Vemuri was banned from participating in Friday’s event at MIT (Photo: Boston Globe) Indian-American student Megha Vemuri was barred from the commencement event Friday after the class president used her platform to speak for Palestine a day before. Vemuri was scheduled to be the marshal for Friday’s commencement ceremony but MIT Chancellor Melissa Nobles…
The ministry of Finance on Friday announced that Central government employees who retired under the National Pension Scheme (NPS) on or before March 31, 2025, and have completed at least 10 years of qualifying service — or their legally wedded spouses — will be eligible for additional benefits under the Unified Pension Scheme (UPS).These UPS…
US crackdown on Chinese students’ visa is seen as a victory of the Bannon camp. Donald Trump’s former aide Steve Bannon shot to the centerstage Friday as the Trump administration’s recent visa decisions were seen as a victory of the Bannon camp. Bannon, an avid hater of the H-1B visa programs that allows US companies…
Wall Street drifted lower Friday morning as investors weighed a mixed batch of corporate earnings and ongoing uncertainty surrounding former President Donald Trump’s shifting tariff policies. Despite the day’s dip, the market remained on track to close out what could be its best month since November 2023.The S&P 500 slipped 0.2% in morning trading. The…
Elon Musk sported a black eye at the Oval Office press meet and blamed his son X for it. Elon Musk’s drug addiction dominated Friday’s news cycle as New York Times published a threadbare revelation of how much Elon Musk is overdosing on Ketamine, a drug that he earlier acknowledged to have used under prescription….
