The one thing that bothers Pakistan, China, and the US is the global talk about India’s resilient economy and its inevitable rise as the third pole in geopolitics over the next decade.
Enforcement Directorate arrests CFO of Reliance Power subsidiary, chartered accountant with 25 years experience, for allegedly colluding to provide fake bank guarantees for his employer.
Trump’s USD 100,000 H-1B thunderclap & its impact on India keep getting global media attention. ‘Could accelerate shift by multinationals to expand operations in India’.
Following the transaction which is expected to be completed by November, Dassault Reliance Aerospace Ltd will become an associate company, with Reliance retaining a 49% stake.
The market regulator charged them with diversion of funds; also fined Ambani $3 million for orchestrating a scheme to ‘siphon off’ funds from Reliance Home Finance Ltd.
The merged company, majority-owned by Mukesh Ambani’s Reliance, would control cricket broadcast rights, sparking concerns over pricing power and dominance in advertising.
Competition Commission of India has asked companies to explain within 30 days why probe should not be ordered. Antitrust experts had warned the merger could face intense scrutiny.
FM Sitharaman also announced the govt will set up 5 university townships in the vicinity of major industrial logistics centres, and set up or upgrade 4 Telescope Infrastructure.
The surge in capital budget considers a slew of mega contracts set to be signed next fiscal, including the one for 114 Rafale jets for the Indian Air Force.
The key to fighting a war successfully, or even launching it, is a clear objective. That’s an entirely political call. It isn’t emotional or purely military.
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