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MUMBAI: Torrent Power is buying L&T’s coal-fired power plant in Punjab in a Rs 6,889-crore enterprise value deal, marking its entry into northern India’s fast-growing power market. The acquisition includes Rs 3,661 crore in upfront cash, while Torrent will also take on Rs 3,228 crore of Nabha Power’s debt.Nabha Power runs a 1,400MW thermal plant…
Rajesh Nambiar Nasscom president Nasscom President Rajesh Nambiar has strongly dismissed fears that AI tools will eliminate technology services jobs, despite market concerns wiping out $50 billion from Indian IT companies’ market value since 2025. He emphasizes that large enterprises’ complex technology needs and regulatory requirements make IT services essential, even as AI adoption grows.“Concerns…
SRINAGAR: J&K administration’s move to remove Urdu, previously a mandatory qualification for revenue services, from the newly amended draft recruitment rules has sparked a political row in the Union Territory. The decision comes nearly a year after BJP protested and sought revocation of a govt order that made Urdu a compulsory subject for the naib…
CHENNAI: The 17th Tamil Nadu assembly is set to reflect a greater demographic diversity with 25 people from minority communities, 50 from SC/ST communities, 23 women and two brahmins representatives entering the House. And, TVK has been the catalyst in breaking caste and religious barriers. The party fielded dalit candidates in eight general constituences and…
NEW DELHI: More than 3.6 crore electors across 16 districts are eligible to vote in the first phase of the West Bengal assembly elections on April 23, according to data released by the Election Commission.The electoral rolls for the phase include 1.84 crore men, 1.75 crore women and 465 third gender voters, reflecting a broad…
The Trump administration is considering a plan to offer direct cash payments to Greenlanders in an effort to persuade them to break away from Denmark and move closer to the United States, according to multiple sources cited by news agency Reuters.US officials have talked internally about offering lump sum payments of between $10,000 and $100,000…
To understand how fundamentally India has changed since the economic reforms of 1991, we must look beyond GDP growth and stock market indices. In the space of three decades the economic arithmetic that governed everyday life for ordinary Indians — what economists call the “terms of trade” between income and essential costs — has quietly,…
NEW DELHI: Shiv Sena (UBT) chief Uddhav Thackeray, after the defeat in the BMC polls, launched an attack on the BJP. He said that the saffron party was mistaken if they think that Shiv Sena can be destroyed. Calling his party the symbol of the sons of the soil, he remarked that Shiv Sena is…
NEW DELHI: The seven laddoos that Neha (35) did not eat, perhaps, saved her life. The sweets, allegedly “prescribed” by an occultist who claimed he was curing Neha of dizziness, have claimed at least eight lives, police say. In one week, police have contacted at least 50 people who went to Kamrudin in Loni, Ghaziabad….
Liam Rosenior (Photo by Justin Setterfield/Getty Images) Chelsea have confirmed Liam Rosenior as their new manager, signing the 41-year-old on a six-year contract until 2032 after he left French side Strasbourg on Tuesday. Rosenior, known for his attack-minded approach, becomes only the second Black manager in Chelsea’s history, following Ruud Gullit. Rosenior earned praise for…
