Latest News

Supreme Court asks Adani to reply to allegations over Dharavi slum project

NEW DELHI, March 7 (Reuters) – Supreme Court on Friday asked billionaire Gautam Adani’s conglomerate to respond to allegations of unfairly winning a bid to redevelop one of Asia’s largest slums in Mumbai, with the competing Dubai-based consortium offering to raise its bid. The long-running legal battle focuses on whether SecLink Technologies was incorrectly excluded from the bidding process when the Indian billionaire won the Dharavi slum project with a $619 million bid in 2023. A Mumbai court disagreed with SecLink’s position last year, landing the dispute at India’s highest court. Adani and the government of Maharashtra, where the slum

Reliance, metal stocks power India’s Nifty 50 to its best week in three months

March 7 (Reuters) – India’s benchmark index Nifty 50 logged its best week in three months, led by heavyweight Reliance Industries and metal stocks, as losses in the past three weeks triggered bargain buying. On the day, the Nifty 50 rose 0.03% to 22,622.5, while the BSE Sensex ended 0.01% lower at 74,332.58. The Nifty rose about 1.9% this week, its best in three months, while the Sensex gained 1.6% and logged its highest weekly gains since January-end. All 13 major sectors ended the week higher, with mid-cap and small-cap stocks up 2.66% and 5.5%, respectively. Sentiments across Asian equities

India signs $248 million deal with Russia for advanced battle tank engines

NEW DELHI, March 7 (Reuters) – India has signed a $248 million contract with Russia state arms exporter Rosoboronexport to acquire more powerful engines for its Soviet-era battle tanks, the Indian Defence Ministry said on Friday. The T-72 tank, first introduced in India in the 1970s, is the mainstay of the Indian Army’s fleet. It operates about 2,500 such tanks fitted with a 780 horsepower (HP) engine. The new acquisition of 1,000 HP engines will replace engines of the existing fleet to “enhance the battlefield mobility and offensive capability of the Indian Army”, the ministry said in a statement. The

Meet oldest female barber in world

TOKYO, March 7, 2025 (AP) — Meet the world’s oldest female barber: She is 108 but the slender, white-haired Japanese woman has no plans to retire anytime soon. Shitsui Hakoishi says the formal recognition by the Guinness World Records this week brought her much joy — other than her satisfied customers, that is. She was presented with an official certificate from the international franchise on Wednesday. Guinness World Records has a separate category for male barbers but the man who was certified at age 107 in 2018, Anthony Mancinelli of the United States, has died in the meantime, leaving Hakoishi

1 … 845 846 847 848 849 … 1,383