BLOCK Financial News

JSW Steel on Wednesday said it has emerged as the preferred bidder for the Jaisinghpura North Block iron ore mine in Karnataka. JSW Steel has received a communication from the Karnataka government in this regard, the company informed the exchanges.

Go First has received an expression of interest (EoI) from Jindal Power Ltd, two banking sources and two people aware of the development told Reuters. An EoI is the first step in the bidding process and may not result in a financial bid. «Jindal Power was the sole successful applicant whose expression of interest was accepted by banks,» said a banker with a state-run bank that has exposure to Go First. The power generation company «will be conducting proper due diligence and post which it could submit a formal bid», said the banker, who did not wish to be named as he was not authorized to speak to the media. Go First's resolution professional, who conducts the insolvency process, and Jindal Power did not immediately respond to Reuters requests for comment. The last day to submit EoIs was Sept.

Moreh in Manipur following the attempts to encroach abandoned houses. Additional security forces including the Rapid Action Force (RAF) rushed to the area. Moreh, just 4 km to the west of Myanmar’s largest border town Tamu, saw large-scale violence in July. The Tengnoupal district administration has also suspended daytime curfew relaxation in the border town until further order.

By John Kruzel

Telegram betting sites allow you to gamble anonymously. You'll be able to place bets on popular sports like soccer, tennis, cricket, American football, and more - all without leaving the Telegram app. 

Oil and Natural Gas Corp is interested in the exploration of oil and gas blocks in Sri Lanka, a company executive said on Wednesday. The company was awaiting an announcement of the oil and gas 'roadmap' of the island nation, Rajarshi Gupta, managing director of ONGC Videsh, told reporters at an industry event. ONGC Videsh is an overseas investment arm of state-run ONGC. ONGC Videsh is open to having deals through government-to-government negotiations as well as through competitive bidding depending on Sri Lanka's yet-to-be-announced exploration policy, Gupta said.

Click here! Speaking of the damages and injurious caused by the quake, Information Ministry spokesman Abdul Wahid Rayan said that Wednesday’s quake has injured at least 80 people and a landslide has blocked the main Herat-Torghondi highway, as reported by Associated Press. Moreover, the report added that the landslide also flattened all 700 homes in Chahak village, which was untouched by the tremors of previous days.

Another day, another battery deal. Street Talk can reveal Amp Energy, a Canadian renewable energy infrastructure player backed by global investment firm The Carlyle Group, is in the market searching for a buyer for its portfolio of local renewable generation and storage assets.

North Carolina Republicans have enacted vote-count restrictions and weakened the governor’s ability to oversee elections and other state regulatory bodies by overriding Democratic Gov. Roy Cooper’s vetoes

By David Shepardson

Check out the companies making headlines in midday trading.

The Federal Trade Commission’s long-awaited antitrust lawsuit against Amazon is the most aggressive move it has taken yet to tame the market power of a company that’s become synonymous with online shopping and fast deliveries

Western Railway in Mumbai, an official said on Tuesday. The block, which began on October 7, has been put in place for the construction of the sixth line between Khar and Goregaon railway stations, he said. As per a release, around 2,700 suburban services will be cancelled and about 400 services will be partially disrupted or short-terminated from October 20 onwards.

Amazon is heading into one of its biggest sales events of the year — Prime Day — with a lawsuit hanging over its head that accuses it of preventing sellers from hawking their merchandise at lower prices on other sites. The Federal Trade Commission's long-awaited antitrust case is the agency's most aggressive move yet to tame the market power of Amazon, a company that's become synonymous with online shopping and fast deliveries. Under chair Lina Khan, the agency hasn't been shy about taking big swings against some of America's biggest companies and testing the limits of competition law to reverse what many of her supporters see as decades of weak antitrust enforcement.

In June, the regulator set out a series of tough new rules for the marketing of crypto assets by companies - wherever they are based globally.Under the new regime, all marketing must be ‘clear, fair and not misleading’, labelled with prominent risk warnings and must not inappropriately incentivise people to invest - for instance through "refer a friend" bonuses.In a letter sent out to crypto firms marketing to UK customers headlined 'final warning', the watchdog bemoans the lax response from overseas companies."We are concerned by the poor engagement from many unregistered, overseas cryptoasset firms who have UK customers on this important change," writes the FCA. "Many of these firms have refused to engage with the FCA despite our best efforts.

Gina Rinehart has reinforced her potential blocking stake in takeover target Liontown Resources, as $6.6 billion suitor Albemarle weighs up its next move after reaching the end of a four-week due diligence period.

In Aristophanes’ classical play The Clouds, when confronted with a map of Athens, the anti-hero Strepsiades denied that it could possibly be so because he could see no lawyers.

Quordle is a Wordle-Dordle inspired internet based game. It requires you to decipher four- five letter words in nine attempts. Quordle was designed by Freddie Meyer back when Wordle was on its peak. Quordle can be played easily on mobile browsers or Pcs. It does not require any fighy sign ins or logins.

The ACCC’s decision to green light Origin Energy’s $18.7 billion takeover monopolised attention Tuesday, for good reason, but spare a thought for Transurban. The toll road giant’s bid for Melbourne’s EastLink motorway was blocked by the competition watchdog last month in a bombshell ruling.

Humanitarian groups are scrambling to assist civilians caught in the war between Israel and Hamas and determine what aid operations are still safe to continue, efforts that are being complicated by an intensified blockade of Gaza and the ongoing fighting

(NSDL) to sell one of its premises in Mumbai for ₹198 crore. The office space that would be sold to the securities depository is located in Naman Chambers, based in the business hub of Bandra-Kurla Complex (BKC). The decision is “part of consolidation of bank’s operations near its corporate office at IDFC FIRST Bank Tower (The Square), C-61, G Block, BKC, Mumbai," the lender stated in its regulatory filing.