 "Samsung’s Indian unit escalates tensions, suing striking workers for higher wages, while protests threaten Prime Minister Modi’s investment plans.")
Samsung’s Indian unit has filed a lawsuit against the members of a labor union behind a strike now entering its 11th day at its appliance plant in Tamil Nadu. The company is seeking a temporary injunction to stop union activities that they claim could disrupt operations and threaten worker safety. Since September 9, over 1,000 ...
The Congress party has filed a police complaint against BJP leaders for making “open threats” to harm Rahul Gandhi, the Leader of the Opposition in Lok Sabha. The complaint, submitted by Congress Treasurer Ajay Maken, cites specific threats made by BJP and allied leaders, including accusations of calling Gandhi a terrorist and comments suggesting assassination. ...
 "In escalating tensions, Yemen’s Houthis threaten Israel and U.S. forces, amid ongoing violence in Gaza and international misinformation.")
The US recently denied claims made by a senior Houthi official that it offered recognition of the Houthi government in Yemen to halt their attacks. This statement followed a significant escalation, where a ballistic missile from the Iran-aligned Houthis reached central Israel for the first time. The group has been targeting Israel and ships they ...
 "Amid escalating tensions, the Houthis threaten maritime safety, targeting vessels and igniting fears of an environmental disaster in the Red Sea.")
A European Union naval mission is working to salvage the Greek-flagged oil tanker Sounion, which has been burning in the Red Sea following attacks by Yemen’s Houthi rebels. The mission aims to create a secure environment for tugboats to assist with the towing operation. Since August 21, the Houthis have targeted over 80 vessels, leading ...
 "Bidders vie for Yes Bank, but regulatory hurdles threaten their ambitions for a controlling stake.")
Yes Bank is currently facing challenges in negotiations over a potential stake sale, with two bidders, Japan’s SMBC and Emirates NBD, vying for ownership. However, their demand for a 51 percent stake may hinder progress, as the Reserve Bank of India (RBI) is wary of allowing a foreign entity to hold such a significant share ...
 "Delays Threaten IIHL’s Acquisition of Reliance Capital Amid Regulatory Hurdles")
Lenders to Reliance Capital Ltd have accused IndusInd International Holdings Ltd (IIHL) of delaying the resolution plan for the struggling financial firm. IIHL, which was approved to acquire Reliance Capital with a Rs 9,861-crore plan, has yet to receive necessary approval from the Department of Industrial Policy and Promotion (DIPP). This approval is needed because ...
Cybersecurity experts are sounding the alarm over the Black Basta ransomware group, which poses a significant threat to critical infrastructure. Various organizations have issued warnings about the group’s activities, urging caution and heightened security measures to protect against potential attacks. Stay informed and take steps to safeguard your systems from this dangerous cyber threat. Click ...
In a significant development, U.S. Senator Elizabeth Warren has raised concerns with national security leaders about the implications of Iran’s involvement in Bitcoin mining. This move underscores the senator’s apprehension regarding the potential national security risks stemming from Iran’s increasing activities in the cryptocurrency space. Warren’s warning brings to light the broader geopolitical nuances of ...
