Since the beginning of May, ethnic and religious violence in Manipur, a state in northeast India, has resulted in the deaths of at least 142 people, the destruction of over 300 churches and hundreds of villages, and one of the largest violence-driven internal displacements in recent Indian history. A fact-finding …
Read More »Tesla to discuss factory plan for new $24,000 car with India commerce minister, says report
Employees of the Tesla Gigafactory Berlin Brandenburg work on a production line of a Model Y electric vehicle. The Tesla plant was opened and put into operation on March 22, 2022. Patrick Pleuil | Picture Alliance | Getty Images Tesla representatives are set to meet India’s commerce minister this month …
Read More »India reports 47 new covid cases in a day
New Delhi: India reported 47 new covid-19 cases in the last 24 hours, the union health ministry data said in an update on Monday. The country has been witnessing a steady decline in the number of covid cases for the last many months. Total reported cases stand at over 4.50 …
Read More »Joint outcome statement: UK-India round eleven FTA negotiations
On 18 July 2023, the United Kingdom and the Republic of India concluded the eleventh round of talks for a UK-India Free Trade Agreement (FTA). As with previous rounds, this was conducted in a hybrid fashion – a number of Indian officials traveled to London for negotiations and others attended …
Read More »India markets regulator to consider permitting delisting via fixed price
MUMBAI, July 24 (Reuters) – India’s markets regulator will consider permitting the delisting of companies via fixed price instead of the reverse book-building procedure, Chairperson Madhabi Puri Buch said on Monday. The Securities and Exchange Board of India (SEBI) will issue a discussion paper on the subject by December, the …
Read More »Indian police arrest 74 Rohingya refugees in north
LUCKNOW, India, July 24 (Reuters) – Indian police said they arrested 74 Rohingya refugees on Monday for living “illegally” in the northern state of Uttar Pradesh – a move activists condemned as an arbitrary crackdown on people fleeing violence. The members of the Muslim Rohingya community were detained in six …
Read More »India’s Byju’s, creditors agree to amend $1.2 billion loan terms
BENGALURU, July 24 (Reuters) – India’s Byju’s and its lenders, who own more than 85% of the edtech startup’s $1.2 billion term loan, have agreed to work towards amending that loan by Aug. 3, the steering committee of the creditors group said on Monday. The successful execution of the loan …
Read More »India’s Mahindra Logistics swings to loss on higher costs, weak demand
BENGALURU, July 24 (Reuters) – India’s Mahindra Logistics ( MALO.NS ) swung to a loss in the first quarter on Monday, hurt by higher expenses and lukewarm demand. The freight carrier posted a consolidated net loss after tax of 85.5 million rupees ($1.04 million) in the three months ended June …
Read More »India’s Byju’s downsizes Bengaluru office space in cost-saving bid
NEW DELHI/BENGALURU, July 24 (Reuters) – Troubled Indian startup Byju’s has cut down on its office spaces in Bengaluru, two sources told Reuters on Monday, as the company tries to cut costs and ramp-up liquidity. The move comes as the edtech company has already let go of thousands of employees …
Read More »US condemns ‘brutal’ sexual assault video from India’s Manipur | Sexual Assault News
The US State Department says it is deeply concerned by reports of a viral video showing two women paraded naked in the northeastern state. The United States says it is deeply concerned by reports of a viral video showing two women paraded naked in India’s northeastern state of Manipur, a …
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