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BUSINESS NEWS CATEGORIES 

Reliance closes deal with 4 investors, gets Rs 30,062 cr

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After Facebook Inc, Reliance Industries has closed deals to sell a minority stake in its digital arm to four other investors, receiving a total of over Rs 30,062 crore. In a regulatory filing, Reliance said it has closed sale of 6.13 per cent stake in Jio Platforms with L Catterton, The Public Investment Fund, Silver Lake and General Atlantic. Reliance had sold a total of 25.09 per cent stake in the subsidiary which houses India’s youngest but largest telecom firm, Jio, to 11 investors for Rs 1,17,588.45 crore. It had…

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LEGAL NEWS NEWS CATEGORIES 

Vikas Dubey’s killing raises handcuffing issue vis-a-vis SC guidelines on “inhuman” practice

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The alleged encounter killing of dreaded gangster Vikas Dubey on Friday has kicked up dust over his not being apparently handcuffed by the police, against the backdrop of the Supreme Court’s disapproving the practice in various orders, calling it inhuman, unreasonable, over harsh and arbitrary . The apex court has from time to time issued a slew of directives on the procedure to be followed while handcuffing an undertrial, maintaining that the insurance against escape does not compulsorily require handcuffing. The police however has all along been supporting handcuffing at…

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NEWS CATEGORIES WORLD NEWS 

Singapore PM Lee returns to power with clear mandate’; Oppn gains

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Singapore Prime Minister Lee Hsien Loong has secured a clear mandate with his ruling People’s Action Party (PAP) winning 83 of the 93 contested parliamentary seats in the general election held amidst the COVID-19 pandemic, with the Opposition gaining ground by winning a record 10 seats. The ruling party, in power since independence in 1965, secured 61.24 per cent of the total votes cast in the election, down from 69.9 per cent in 2015. About 2.6 million Singaporeans voted on Friday. We have a clear mandate, but the percentage of…

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NATIONAL NEWS NEWS CATEGORIES 

India’s COVID-19 tally reaches 8.2 lakh with 27,114 new cases, death toll climbs to 22,123

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With a record single-day increase of 27,114 cases, India’s COVID-19 tally zoomed past the eight-lakh mark on Saturday, just four days after crossing the seven-lakh post, according to health ministry data. This was the eighth consecutive day that COVID-19 cases in the country increased by more than 22,000 According to data updated at 8 am, the death toll climbed to 22,123 with 519 people succumbing to the disease in 24 hours While the total coronavirus caseload surged to 8,20,916 on Saturday, there were 2,83,407 active cases and 5,15,385 recoveries. The…

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ENTERTAINMENT NEWS CATEGORIES 

BBC to produce feature-length documentary Britain vs Coronavirus’

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BBC is set to produce feature length, state-of-the-nation documentary, telling the definitive story of the coronavirus pandemic in Britain . The broadcaster has commissioned its own BBC Studios Documentary Unit to deliver the documentary titled Britain vs Coronavirus. Interweaving archive and compelling master interviews with many of the key decision-makers in the crisis, the film will be a forensic retelling of the events of a seismic year in UK history when the coronavirus pandemic struck, BBC said in a press release posted on its website . According to the studio,…

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NEWS CATEGORIES SPORTS 

Holder says support towards BLM ‘meant world to him’, thanks Holding for powerful speech

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West Indies captain Jason Holder says both his team and England putting up a united front to show support for the ‘Black Lives Matter’ campaign before the start of the first Test meant the “world to him” and he felt Michael Holding’s powerful speech on racism “in his veins”. Both teams took the knee for 30 seconds in solidarity with the BLM movement before the start of play on Wednesday. “It meant the world to me. Just the support from everyone, everyone understanding the moment, everyone understanding the occasion. And…

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LEGAL NEWS NEWS CATEGORIES 

Hours before Vikas Dubey’s encounter, plea in SC claims possibility of his killing by cops

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Hours before gangster Vikas Dubey was killed in an encounter near Kanpur on Friday, a petition was filed in the Supreme Court seeking a direction to the Uttar Pradesh government and the police to safeguard his life and ensure that he is not killed by the cops. The plea has also sought registration of an FIR and an apex court monitored probe by the CBI into the encounter of five co-accused, who were alleged to be associated with Dubey in the killing of eight policemen last week. Eight policemen, including…

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BUSINESS NEWS CATEGORIES 

Sensex down over 173 pts in early trade; financial stocks drag

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Equity benchmark Sensex dropped over 173 points in early trade on Friday, dragged by losses in financial stocks amid negative cues from global markets. After touching a low of 36,526.22 at open, the 30-share BSE Sensex was trading 173.77 points, or 0.47 per cent, lower at 36,563.92. The NSE Nifty was down 39.05 points, or 0.36 per cent, at 10,774.40. IndusInd Bank was the top loser in the Sensex pack, shedding around 2 per cent, followed by Tech Mahindra, HDFC, Titan, Axis Bank, M&M, HDFC Bank and ICICI Bank. On…

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NEWS CATEGORIES WORLD NEWS 

136 congressmen, 30 senators seek reversal of Trump admin’s decision on international students

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A group of 136 US Democratic congressmen and 30 senators, including Indian-origin Kamala Harris, has urged the Trump administration to reverse its “cruel” order that bars international students from staying in the country if they do not have in-person classes to attend. The lawmakers, in separate letters to Acting Secretary, Department of Homeland Security, Chad Wolf and Acting Secretary, Immigration and Customs Enforcement (ICE), Matthew Albence on Thursday, expressed concern over the ICE’s recently announced modifications to the Student Exchange and Visitor Program (SEVP). The new guidelines have created panic…

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NATIONAL NEWS NEWS CATEGORIES 

Gangster Vikas Dubey killed in encounter in UP: Police

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Gangster Vikas Dubey was killed in an encounter on Friday after a police vehicle carrying him from Ujjain to Kanpur met with an accident and he tried to escape from the spot in Bhauti area, police said. Four policemen, including an inspector posted in Nawabganj, were injured in the accident, IG, Kanpur Range, Mohit Agarwal said. Senior Superintendent of Police (Kanpur) Dinesh Kumar P said that the accident took place in the morning when it was raining heavily and the police vehicle overturned near Kanpur. Agarwal said Dubey tried to…

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