BUSINESS NEWS CATEGORIES 

Reliance raises Rs 7,350 cr from GIC, TPG through retail unit stake sale

Reliance Industries on Saturday announced Rs 7,350 crore investments by Singapore sovereign wealth fund GIC and global private equity firm TPG Capital in its retail unit, taking the total fundraising in the last one month to Rs 32,197.50 crore. While GIC invested Rs 5,512.5 crore in Reliance Retail Ventures Ltd (RRVL) for a 1.22 per cent stake, TPG took 0.41 per cent interest for Rs 1,837.5 crore, the company said in statements issued past midnight. These investments value Reliance Retail at a pre-money equity value of Rs 4.285 lakh crore,…

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NEWS CATEGORIES WORLD NEWS 

Trump’s age, health woes raise his risk for COVID-19 illness

President Donald Trump has several strikes against him age, obesity, elevated cholesterol and being male that could put him at greater risk of becoming seriously ill from the coronavirus infection he disclosed early Friday. Trump and first lady Melania Trump, who also tested positive, are both well at this time and plan to remain at the White House while recovering and being closely monitored, according to a statement from his physician, Dr. Sean Conley. A White House official said Friday that Trump was having mild symptoms. The odds are far…

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NATIONAL NEWS NEWS CATEGORIES 

PM Modi inaugurates world’s longest highway tunnel in Rohtang

Prime Minister Narendra Modi on Saturday inaugurated the strategically important all-weather Atal Tunnel, which reduces the distance between Manali and Leh by 46 km and the travel time by four to five hours, at Rohtang in Himachal Pradesh. Atal Tunnel, built by the Border Roads Organisation, is the longest highway tunnel in the world. The 9.02-km tunnel connects Manali to Lahaul-Spiti valley throughout the year, the Prime Minister’s Office has said, noting that the valley was earlier cut off for about six months every year due to heavy snowfall. Modi…

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NEWS CATEGORIES SPORTS 

We know sky is the limit in last four overs: Pollard

“We know sky is the limit in the last four overs,” said Mumbai Indians all-rounder Kieron Pollard after adding 67 runs in 23 balls with Hardik Pandya in their IPL game against Kings XI Punjab here. After skipper Rohit Sharma laid the foundation with a 45-ball 70, Pollard and Pandya smashed fours and sixes at will, lifting MI to 191 for four from 83 for three in the 14th over. In reply, Kings XI Punjab were stopped at 143 for eight. Pollard, who was adjudged the Man of the Match,…

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NATIONAL NEWS NEWS CATEGORIES 

Hathras SP, four other cops suspended over Dalit woman’s gangrape-murder case

Uttar Pradesh Chief Minister Yogi Adityanath on Friday suspended Hathras SP Vikrant Vir and four other policemen over the gangrape-murder case of the Dalit woman, a senior official said. The official said the action has been taken on the basis of a preliminary inquiry report of the SIT. Besides Vikrant Vir, the other suspended policemen are Circle Officer Ramshabd, Inspector Dinesh Kumar Verma, Sub-Inspector Jagveer Singh and Head Constable Mahesh Pal, Additional Chief Secretary (Home) Awanish Awasthi said. Shamli SP Vineet Jaiswal has been transferred to Hathras, he said. Another…

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NEWS CATEGORIES WORLD NEWS 

President Trump and first lady test positive for COVID-19

US President Donald Trump and first lady Melania have tested positive for the coronavirus, the president tweeted on Friday, a development that is likely to bring to standstill his hectic election campaign. “Tonight, @FLOTUS and I tested positive for COVID-19. We will begin our quarantine and recovery process immediately. We will get through this TOGETHER! 74-year-old Trump tweeted. In a statement, Trump’s physician Dr. Sean Conley said he received confirmation of the positive tests on Thursday evening. “The President and First Lady are both well at this time, and they…

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NEWS CATEGORIES SPORTS 

Shouldn’t get carried away by our youngsters’ performance, cautions Karthik

Kolkata Knight Riders skipper Dinesh Karthik finds it heartening that his team’s young guns have raised the bar with match-winning IPL performances but does not want to “get carried away” and put extra burden on the talented bunch as the tournament progresses. Rising opener Shubman Gill performed well in both of KKR’s wins against Sunrisers Hyderabad (70 not out) and Rajasthan Royals (47) while his U-19 India teammates Shivam Mavi and Kamlesh Nagarkoti ran through Royals’ line-up. The KKR skipper praised the trio but with a note of caution. “Definitely,…

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ENTERTAINMENT NEWS CATEGORIES 

Rape case: Filmmaker Anurag Kashyap reaches police station

Filmmaker Anurag Kashyap arrived at the Versova police station here on Thursday after he was summoned by police in connection a rape case filed against him by actress Payal Ghosh, an official said. Kashyap along with his two associates reached the police station around 10 am, he said. The filmmaker was seen carrying some documents in his hand while arriving at the police station. His lawyer also reached the police station after some time, the official said. The police on Wednesday issued summons to Kashyap in connection with the rape…

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LEGAL NEWS NEWS CATEGORIES 

Bhushan files fresh plea in SC seeking review of punishment in contempt case

Activist-lawyer Prashant Bhushan moved the Supreme Court on Thursday seeking review of the August 31 sentencing order to either pay nominal fine of Re 1 or face a three-month jail term and debarment from law practice for three years in the contempt case for his two tweets against the judiciary. Bhushan, who has already deposited Re 1 as fine with the apex court’s registry on September 14, has filed two separate review petitions in the contempt case. The first review plea on September 14 had challenged the August 14 verdict…

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BUSINESS NEWS CATEGORIES 

Rupee surges 22 paise to 73.54 against US dollar in early trade

The rupee strengthened by 22 paise to 73.54 against the US dollar in opening trade on Thursday, as positive domestic equities and weak American currency buoyed investor sentiments. At the interbank forex market, the domestic unit opened at 73.60 against the US dollar, then gained further ground and touched 73.54, registering a rise of 22 paise over its previous close. On Wednesday, the rupee closed at 73.76 against the US dollar. “Asian currencies have started stronger against the US dollar this morning and could lend support,” Reliance Securities said in…

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