 "Rashmi Saluja’s reappointment sparks fierce board conflict as Burman family attempts to oust her amidst rising tensions at Religare.")
Rashmi Saluja has been reappointed as a director of Care Health Insurance, a subsidiary of Religare Enterprises, with strong support from shareholders. Despite a challenge from the Burman family, who own a significant stake in Religare and wish to remove Saluja, the company confirmed she will stay on. Care Health’s board received legal advice indicating ...
 "India and the US prepare to sign a crucial minerals pact, strengthening trade ties amid diplomatic tensions.")
India and the United States are set to sign a preliminary agreement to enhance cooperation on critical minerals during Indian Trade Minister Piyush Goyal’s visit to Washington this week. The pact aims to strengthen trade ties between the two nations, focusing on building supply chains and promoting collaboration in key minerals essential for clean energy, ...
 "Chirag Paswan announces LJP will contest Jharkhand elections, exploring alliances amidst political tensions and corruption allegations.")
Chirag Paswan, the Union Minister and chief of LJP (Ram Vilas), announced that his party will participate in the upcoming assembly elections in Jharkhand. He stated that they are exploring all options, including alliances or running independently. This decision follows comments from Assam Chief Minister Himanta Biswa Sarma about BJP’s partnership with the AJSU Party ...
Rahul Gandhi, the Leader of the Opposition in the Lok Sabha, is set to campaign in Jammu and Kashmir, starting with a public rally in Ramgarh, Samba district, before moving to Chaamb for another rally. This comes ahead of the third phase of the Jammu and Kashmir Assembly elections scheduled for October 1. Meanwhile, Union ...
 "Tokyo Electron plans to hire 10,000 globally, focusing on India to capitalize on semiconductor growth amidst geopolitical tensions.")
Tokyo Electron Ltd., Japan’s leading chip equipment manufacturer, is planning to hire 10,000 new employees globally over the next five years, with a focus on recruiting engineers in India. This move aligns with the Indian government’s initiative to boost semiconductor manufacturing. The company aims to train local engineers to provide technical support to Tata Electronics, ...
 "SBI declares Jet Airways’ liquidation imminent as bidders fail to pay dues, escalating tensions in India’s volatile aviation sector.")
The State Bank of India (SBI) has expressed concern over the ongoing issues with the bankrupt airline Jet Airways, stating that the buyer, Jalan Kalrock Consortium (JKC), is refusing to pay outstanding dues. During a Supreme Court hearing, SBI indicated that liquidation may be the only option left for the airline, as JKC has failed ...
 "Workers at Samsung’s Tamil Nadu plant strike for wages and union rights, prompting government intervention amid rising tensions and disrupted operations.")
India’s Labour Minister has urged Tamil Nadu officials to quickly resolve a significant strike by over 1,000 Samsung Electronics workers near Chennai. This strike, ongoing since September 9, is one of the largest labor protests in India in recent years, with employees demanding better wages and union recognition. The Tamil Nadu plant is crucial for ...
 "Amid escalating tensions, the Philippines defies China, asserting its right to bolster defenses with US missile deployments in contested waters.")
The Philippines and the United States have decided to keep a mid-range missile system, the Typhon, in the northern Philippines indefinitely to enhance regional deterrence against China. This decision follows China’s concerns about the missile deployment, which Philippine Defense Secretary Gilberto Teodoro dismissed as interference in the country’s affairs. Teodoro emphasized that China, who has ...
In Jammu, Union minister G Kishan Reddy responded strongly to Rahul Gandhi’s recent comments criticizing Prime Minister Narendra Modi. Reddy suggested that Gandhi should engage with various groups like farmers, soldiers, and scientists to understand the confidence and support Modi enjoys among the public. He claimed Gandhi’s remarks reflect a misguided perception, arguing that Modi’s ...
Home Minister Amit Shah recently criticized the ruling JMM-led coalition in Jharkhand for allegedly allowing uncontrolled infiltration from Bangladesh. He warned that if this trend continues, illegal immigrants could outnumber locals in the state within 25 to 30 years. Following these remarks, the Bangladesh foreign ministry formally protested to the Indian High Commission in Dhaka, ...
