 "LG Electronics plans a .5 billion IPO for its Indian unit, aiming to boost revenue and capitalize on India’s growth potential.")
LG Electronics is planning a potential initial public offering (IPO) for its Indian business, aiming to raise between $1 billion and $1.5 billion. This move could value LG Electronics India Pvt Ltd at around $13 billion. The company has selected major banks like Bank of America, Citigroup, JPMorgan Chase, and Morgan Stanley to manage the ...
On Hindi Diwas, Union Home Minister Amit Shah emphasized that Hindi and other Indian languages are not in competition but rather complement each other. He highlighted that the spirit of communication among citizens in various Indian languages fosters unity. This year marks the 75th anniversary of Hindi being adopted as the official language in India, ...
 "Congress alleges Sebi Chairperson Madhabi Puri Buch traded sensitive securities worth ₹36.96 crore, sparking a dramatic conflict of interest scandal.")
The Congress party has intensified its criticism of Madhabi Puri Buch, the chairperson of the Securities and Exchange Board of India (Sebi), claiming she traded nearly Rs 36.96 crore in securities while in her position, potentially violating ethical codes. Congress leader Pavan Khera raised concerns about Buch’s investments in foreign funds, including several Chinese ETFs, ...
Prime Minister Narendra Modi will campaign in Jammu and Kashmir’s Doda district on September 14, 2024, making it the first visit by a Prime Minister in 42 years. The rally, planned at a stadium in Doda, is expected to enhance the electoral prospects of the BJP, which is contesting all 43 Assembly seats in the ...
 "Government raises customs duties on edible oils to boost farmer incomes, while also slashing onion export duties for increased trade.")
The Indian government has announced an increase in customs duties on crude palm and refined sunflower oil, raising them to 20% and 32.5%, respectively. This move is expected to significantly benefit farmers, especially those in key producing states like Maharashtra and Madhya Pradesh, as it will help raise their income. Additionally, the government removed the ...
Tamil Nadu Chief Minister M.K. Stalin returned from the U.S. on September 14, 2024, confident in his government’s commitment to fully implement the MOUs signed with U.S. companies, aiming to boost employment in the state. While responding to critics, including former Chief Minister Edappadi Palaniswami, he highlighted that his government has already attracted significant investments ...
 "Delhi CM Arvind Kejriwal visits Hanuman Temple for blessings after Supreme Court grants bail amidst ongoing legal troubles.")
Delhi Chief Minister Arvind Kejriwal announced he will visit the Hanuman Temple in Connaught Place today at noon to express gratitude and seek blessings. His visit follows the Supreme Court granting him bail in the Delhi excise policy case, with certain conditions. These include a surety bond of Rs 10 lakh, a prohibition on entering ...
The Congress party has demanded immediate action against a Gautam Budh Nagar district magistrate for making an “unacceptable comment” about Rahul Gandhi, the Leader of the Opposition in the Lok Sabha, on social media. Jairam Ramesh, a senior Congress leader, criticized the politicization of the bureaucracy, asserting that the civil service is under threat. The ...
 "Byju’s faces a shocking bankruptcy ruling in the U.S., conflicting with ongoing insolvency proceedings in India, igniting creditor disputes.")
Byju’s, the Indian ed-tech giant, faces a surprising US court ruling that placed its subsidiaries into involuntary Chapter 11 bankruptcy due to non-compliance with creditor demands. This decision impacts companies like Neuron Fuel Inc. and Epic! Creations Inc., conflicting with ongoing insolvency proceedings in India. Byju’s Interim Resolution Professional, Pankaj Srivastava, is seeking to halt ...
In the aftermath of the rape and murder of a doctor at R G Kar Medical College in Kolkata, tensions have escalated between protesting doctors and the West Bengal government. The doctors are demanding justice, a thorough investigation into evidence tampering, and better security measures. Despite facing accusations and minimal government support, the protesters have ...
