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05.03 / 10:29
markets BlackRock wellness Trade RAI country reports How a 96-year-old billionaire from Hong Kong escaped Trump’s glare with $19 billion port deal
Hong Kong billionaire Li Ka-shing may have just pulled off one of his boldest transactions yet. Under pressure from the Trump administration over two ports at the Panama canal controlled by CK Hutchison Holdings Ltd., Li’s company announced a plan to sell off the bulk of its global ports business to a consortium led by BlackRock Inc. In return, the Hong Kong firm will receive cash proceeds of more than $19 billion. Investors, and even some of CK Hutchison’s closest advisers, were surprised that what began with two Panamanian ports has now evolved into a much larger deal. Under the agreement, the company will sell 43 ports in 23 countries, while keeping facilities in mainland China and Hong Kong.
05.03 / 10:29
markets UPS 2020 reports gatherings Courts Woman working as house help in Delhi NCR turns out to be a Naxal operative, trained in 'advanced' weapons since age 10
Naxal operative from Jharkhand, who had been living in Delhi under a false identity, was arrested in Pitampura, Delhi Police said on Wednesday. She had been working as a domestic helper in Noida and different areas of Delhi since 2020, as per a PTI report.
05.03 / 10:29
markets Provident Man Action Justice Courts Investigations Homebuyers taken to ransom: SC wants probe into builder-bank mess
Supreme Court has called for an investigation into the alleged nexus between real estate developers and banks, which it said had left poor homebuyers in the National Capital Region (NCR) “at ransom.” The court has sought a response from the Central Bureau of Investigation (CBI) regarding the possibility of conducting the probe. A bench of Justices Surya Kant and N Kotiswar Singh raised concerns over builders, banks, and interim resolution professionals failing to provide details about delayed housing projects and their construction progress. The court said a Special Investigation Team (SIT) must be formed to examine the issue, stating, “People invested their hard-earned money, but poor homebuyers have been taken to ransom.” The case involves thousands of homebuyers who purchased flats under subvention schemes, where banks directly disburse loans to builders, who are then responsible for paying the EMIs until the homes are handed over. However, several builders defaulted on payments, leading banks to demand EMIs from buyers, despite the delayed possession of their flats.
05.03 / 10:29
markets RAI social testing Videos International cricket Steve Smith’s retirement: Did Virat Kohli know before everyone else? Emotional chat between the two greats goes viral
Steve Smith announced his retirement from One Day Internationals (ODIs). Virat Kohli’s 84-run knock was key to India’s successful chase of 265 runs.
05.03 / 10:29
UPS Analysis Research trends Trade rights Broad dollar weakness helps rupee post best day in over three weeks
The rupee closed 0.3% higher at 86.9550 against the U.S. dollar, its best single-day gain since February 11.
05.03 / 09:41
Digital Platform Entertainment Strategy Experts Warner Bros show audience Non-fiction makes a comeback via Indian streaming platforms, drive viewership growth
Subscribe to enjoy similar stories. Non-fiction content, which had reached saturation on linear television, is bringing returns for streaming platforms with titles like Bigg Boss, Shark Tank India and The Great Indian Kapil Show topping viewership charts in India. Experts said the interactive nature of some of the latest non-fiction shows is paying off for streaming services.
05.03 / 09:41
UPS trends Celebrity information rights curling A simple make-up routine for glowing mature skin
Subscribe to enjoy similar stories. Finding the right make-up routine for mature skin can be challenging, especially since much of the information and trends online are directed towards younger skin. But recent appearances of celebrities like Jane Fonda and Demi Moore on the red carpet offer examples of how some simple steps can help keep the skin shining, no matter the age.
05.03 / 09:41
Waters security President Universities show International China’s latest naval exercises have shown how far it can project power
Subscribe to enjoy similar stories. In the last two weeks, the People’s Liberation Army (PLA) of China conducted live-fire naval drills in the international waters off Australia, New Zealand and Vietnam, and shooting drills in the Taiwan Strait. This show of military might is a sign of China’s growing confidence as a maritime power.
05.03 / 09:19
markets Provident CEO Strategy RAI Updates NFO Update: Bandhan Mutual Fund launches CRISIL-IBX Financial Services 3-6 Months Debt Index Fund
Bandhan Mutual Fund has announced the launch of the Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index Fund, an open-ended Constant Maturity index fund designed to provide investors with a structured short-term fixed-income investment opportunity. The new fund offer or NFO of the scheme will open for subscription on March 6 and will close on March 11. Also Read | NFO Insight: Samco Large Cap Fund opens for subscription. Are largecaps best now?
05.03 / 09:19
Manufacturing security Enterprise WhatsApp L&T bags significant orders to develop residential towers
Infrastructure major Larsen & Toubro (L&T) on Wednesday said one of its verticals has bagged 'significant' projects from a reputed developer to construct residential towers. The building and factories vertical of Larsen & Toubro will construct residential towers in Mumbai, Bangalore and Chennai, L&T said in a regulatory filing. All the projects are to be executed within stringent timelines, the filing said. According to Larsen & Toubro's classification, a 'significant order' refers to a project valued between Rs 1,000 crore and Rs 2,500 crore.
05.03 / 09:19
markets UPS security Analysis trends Trade Experts Rs 94 lakh cr investor wealth wiped from D-St, but tax loss harvesting can help recover setbacks. Here’s how
tax loss harvesting. This strategy can help reduce tax liability, which may be higher this year due to the government's hike in both short-term and long-term capital gains taxes. In the July 2024 budget, Finance Minister Nirmala Sitharaman revised the STCG and LTCG rates, increasing the short-term capital gains tax from 15% to 20%. Shares held for less than 12 months will be subject to STCG.
05.03 / 09:19
markets Waters Landmark Fishing boating Fishing trip takes a wild turn as 400-kg dolphin falls from the sky onto a small boat in New Zealand
Hole in the Rock, a coastal landmark off North Island’s northern coast. The fishermen, including boat owner Dean Harrison, were unhurt except for one minor injury. A Sudden and Unpredictable Encounter Harrison and his companions were fishing in their nearly 16-foot vessel while dolphins played in the waters ahead. Suddenly, a shadow crossed their boat, followed by a loud crash. «This one decided to jump on board and say hello,» Harrison said. «One minute everything was fine and then just like lightning striking, there's a big dolphin in our boat thrashing around and breaking everything.»
05.03 / 09:19
markets Digital Sustainability RAI innovations International HR services SaaS company Darwinbox raises $140 million from Partners Group, KKR, others
Darwinbox, which specialises in human resource (HR) services, has closed a $140 million funding round co-led by global private equity firms Partners Group and KKR. The round—largely secondary with a small primary component—also saw participation by Gravity Holdings. Sources said the blended valuation of the round was around $950 million. The company was last valued at $1 billion in 2022, following a $72 million funding round led by Netflix-backer TCV.
05.03 / 09:19
markets Progressive economy Healthcare country beautiful innovations PM Modi highlights investment in people, economy, & innovation in post-Budget webinar
post-Budget webinar on employment. PM Modi underscored the importance of investing in people, the economy, and innovation, describing these themes as central to India's roadmap for becoming a developed nation. «Investing in people, economy and innovation is a theme that defines the roadmap for a developed India. You can see its impact on a large scale in this year's Budget. Therefore, this Budget has emerged as a blueprint for India's future,» said PM Modi, emphasising that the Budget has given equal priority to infrastructure, industries, and human capital.
05.03 / 09:19
markets Action stage information gatherings Investigations Ali Taqueer Sheikh case: Assam CM Sarma hints at bigger probe, possible Interpol involvement
Himanta Biswa Sarma has hinted that the ongoing probe into alleged links between a Pakistan-based official and “certain individuals” in India may see involvement of Interpol. After Assam Police formed an SIT to investigate a case registered with Assam CID against a Pakistani national Ali Taqueer Sheikh who works with a climate action group – CDKN, Sarma had said government SIT has found that Seikh has come to India 18 times and SIT has got some initial leads which might lead to facts which will be starting, huge and fatal. Pakistani national Ali Taqueer Sheikh is accused of anti-India activities, and it is alleged that Congress MP Gaurav Gogoi's wife Elizabeth Colburn worked closely with Seikh.
05.03 / 09:19
markets MET FIVE Extreme Assurant Remark No mediator needed, anyone can talk to me directly: Delhi CM Rekha Gupta
Delhi Chief Minister Rekha Gupta on Wednesday assured the home guards that they can approach her directly with their grievances, emphasizing that no mediator is required to communicate with her. Gupta made the remarks while meeting a group of home guards, who claimed that they had not received their salaries for the past five months. The home guards deployed as bus marshals in Delhi Transport Corporation (DTC) buses for women's safety also said that some of them had not been paid since Diwali last year. «If somebody wants to talk then come directly to me, no one requires any kind of mediator,» she said.
05.03 / 09:19
markets UPS Waters Sustainability boating "Our proposal is to run ferry here, will sign MoU for it", says Delhi Minister Parvesh Verma on river Yamuna
Earlier on March 2, the Delhi government had announced plans to enhance tourism and promote sustainable water transport by introducing a ferry and cruise service along a 7-8 km stretch of the Yamuna. The service will operate between Wazirabad Barrage (Sonia Vihar) and Jagatpur (ShTemple). When asked if cleaning of Yamuna will attract tourism to Delhi, Minister Parvesh Sahib Singh said, " Our proposal is there to run ferry here, we will sign the MoU for it. Now, ferry will be run on one stretch only...there will be only one pick-up and drop point. There will be a restaurant as well in the Ferry. Our purpose is to attract people towards Yamuna..."
05.03 / 09:01
markets UPS performer Quilter posts record profits for 2024 amid revenue growth in high net worth and affluent segments
This marked a 17% increase from 2023, when that figure stood at £167m. The higher PBT was driven by an increase in the firm's average assets under management and administration (AUMA), supported by strong net inflows hitting £4.8bn — up from around £100m in 2023 — and positive market performance.  According to Quilter, total AUMA increased by 12% from the previous year, reaching £119.4bn. Quilter net inflows jump to £4.8bn backed by flows in affluent segment and IFA channel Meanwhile, core net inflows reached a record £5.2bn and represented 5% of opening AUMA, with incrementally...
05.03 / 08:53
markets economy Continental Immunic wellness poverty International Austerity is back globally and may prove even more self-destructive this time
Subscribe to enjoy similar stories. What do Rachel Reeves, Javier Milei and Elon Musk have in common? All are preaching the gospel of austerity as a necessary cure for what ails their respective economies. Hence, Reeves, the UK’s Chancellor of the Exchequer, has tightened rules for government spending and investment, despite the fact that fiscal constriction has been a major cause of the country’s problems over the past 15 years.
05.03 / 08:53
markets COST UPS Target Manufacturing Trade War The day Trump’s tariff threats became a reality for America Inc.
Subscribe to enjoy similar stories. Target boss Brian Cornell and his team were walking through a New York City conference center Monday night when the news broke: President Trump was following through on his tariff threats. The retailer’s executives huddled sitting on sofas in a greenroom next to the stage where they would meet with their biggest investors on Tuesday.
05.03 / 08:53
markets Digital Booking security Experts Destinations FPI outflows: Are foreign investors losing confidence in Indian markets?
Subscribe to enjoy similar stories. MUMBAI : A $15 billion withdrawal by foreign portfolio investors (FPIs)—2025's largest outflow among emerging economies—has sent Indian markets into a tizzy. Dalal Street is on the edge, with the Nifty 50 down by 7% since January.

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