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Insolvency and Bankruptcy Board of India (IBBI) has proposed amendments to the Insolvency Resolution Process for Corporate Persons Regulations, 2016 and to make it mandatory to form monitoring committees to oversee implementation of resolution plans under the bankruptcy code. While the current framework under Regulation 38 of the CIRP Regulations provides certain basic recognition to monitoring committees, the proposed amendments aim to make their constitution mandatory for implementation of all resolution plans, the bankruptcy regulator said in a discussion paper. The proposed framework will empower the Committee of Creditors (CoC) to take final decisions on the constitution, composition, and functioning period of the monitoring committee, as part of the resolution plan.

Hulu have renewed The Artful Dodger for a second season. The Australian original series will continue to explore the adult life of Jack Dawkins, a character inspired by Charles Dickens’ Oliver Twist.

Trade (DPIIT) has approved the ₹10,000-crore acquisition of Anil Ambani-promoted Reliance Capital by Hinduja Group-backed IndusInd International Holdings (IIHL), sources familiar with the development told ET. With this approval, all regulatory clearances required to finalise the transaction are now in place, said sources. IIHL had already secured approvals from the Reserve Bank of India (RBI), the Insurance Regulatory and Development Authority of India (IRDAI), and stock and commodity exchanges earlier this year.

Asteroid 2024 PT5. According to The U.S. Sun, the asteroid which was discovered by NASA's Asteroid Terrestrial-impact Last Alert System (ATLAS) on August 7 measures approximately 33 feet wide and will remain in Earth's orbit for about two months before departing on November 25, 2024. In spite of its size which is significantly smaller than Earth's actual moon, it genuinely poses no hazard to our planet. Asteroid 2024 PT5 hails from the Arjuna asteroid belt and follows an Earth-like orbit, reported The U.S. Sun. Also Read: The Sex Lives of College Girls Season 3: Release date, episode schedule, what to expect & more

Are You Smarter Than a Celebrity? Do You Have More Intelligence Than a Star? is a Are You Smarter Than a Fifth Grader spinoff and Pat, a man who had previously failed out twice, was invited back to the new show on this week's episode of I'm the Smartest Man Alive. The first instance occurred in March 2007 when he asked what is the lowest level of the earth's atmosphere. Pat made a mistake on the multiple-choice test. In December of that year, he was given another chance, but he failed his first question once more.

Scott Foley has been announced as a recurring cast member in ABC's Will Trent for its upcoming third season.

President-elect Donald Trump has vowed to repeal President Joe Biden’s signature artificial intelligence policy when he returns to the White House for a second term

Khalistani terrorist Hardeep Singh Nijjar. The report alleged that PM Modi was aware of the plot to kill Nijjar in British Columbia. MEA said, such ludicrous statements made to a newspaper purportedly by a Canadian government source should be dismissed with the contempt they deserve. «Smear campaigns like this only further damage our already strained ties,» MEA added.

RPG Enterprises is scouting for strategic M&A opportunities to drive growth across group companies including Ceat, KEC International, RPG Life Sciences and Zensar Technologies, Anant Goenka, vice chairman of the $4.8-billion diversified conglomerate, told ET's Rica Bhattacharyya and George Smith Alexander in an interview. The RPG scion also talked about plans to double the group's market capitalisation in 3-5 years, grow Zensar into a $1-billion company, expand Ceat's global business, and strengthen KEC's position by executing premium and challenging infrastructure projects. Edited excerpts: It's been over a year since you took charge as vice chairman. What is your plan for the group? At a group level, we set forth a vision for ourselves some time back, which was more of values in terms of what we call as «unleash talent», «touch lives», «outperform» and «be happy». Recently we converted these mottos to define what they mean. So, 'touch lives' is about having an impact on the lives of customers and being number one in customer satisfaction. Whichever industry we are in, we should be in the top 10% of sustainable practices. By 'unleash talent' we're talking about being number one in terms of employee happiness. 'Outperform' is about beating industry in whichever businesses we run.

Delhi High Court on Wednesday stayed trial court proceedings against former Union minister P Chidambaram in a money laundering case connected to the Aircel-Maxis deal. Issuing notice to the Enforcement Directorate (ED) on Chidambaram's plea, the court ordered that the proceedings against Chidambaram shall remain till the next date of hearing. Chidambaram petitioned the HC challenging the trial court order taking cognisance of the complaint moved by the ED against him and his son Karti Chidambaram in the Aircel-Maxis case.

LG Electronics and its parts suppliers plan to invest a total of Rs 7,000 crore to build the company's third factory and create a vendor base in Sri City, Andhra Pradesh, said two industry executives aware of the development. LG Electronics will invest Rs 5,000 crore, and its Korean and Chinese parts suppliers the remainder, the executives said. LG, India's largest home appliances maker by sales, has sought 300 acres from the Andhra Pradesh government for the project which will generate over 1,500 direct jobs, the executives said asking not to be named. LG plans to produce air-conditioners, refrigerators, washing machines and televisions in the new facility for the Indian market and exports, the executives said.

Starring Gugu Mbatha-Raw, who also serves as an executive producer, Surface tells the gripping tale of Sophie, a woman grappling with memory loss following a traumatic head injury, initially believed to be from a suicide attempt, as mentioned in a report by TV Insider. However, as Sophie explores into her past, she begins to uncover unsettling truths about her life.

Gaza, accusing council members of cynically rejecting attempts at reaching a compromise. The 15-member council voted on a resolution put forward by its 10 non-permanent members in a meeting that called for an «immediate, unconditional and permanent ceasefire» and separately demand the release of hostages. Only the U.S. voted against, using its veto as a permanent council member to block the resolution.

steel imports are landing from FTA countries at nil duty and any duty hike will not have any impact on these shipments, Steel Secretary Sandeep Poundrik said on Wednesday while acknowledging that there is a genuine problem of supply glut due to increased imports. His comments have come against the background of domestic steel players raising concerns over rising cheap steel imports from select nations, affecting their competitiveness. The domestic industry has also sought an increase in customs duty on steel products to check below-cost shipments. Speaking at a Ficci event here, the Steel Secretary even if the government raises the basic customs duty on imports, the move will not have the desired impact as 62 per cent of the shipments entering India from FTA nations. There is a genuine problem and the ministry is aware of that, Poundrik said adding that there are multiple ways to protect the domestic industry but the only problem is that 62 per cent of imports are from FTA countries.

World Trade Organization (WTO) India’s quality control orders (QCO) on various products including medical textiles, footwear and viscose staple fibre, and certain measures which restrict its import of copper, wooden boards and tyres. These issues came up at a meeting on market access in WTO on Wednesday. Last year, Canada, Japan, the UK and the EU had raised concerns at India’s QCOs terming them protectionist. “Some new trade concerns pertaining to India’s QCOs were raised at the meeting,” said a Geneva-based official.

Guyana as President Irfan Ali broke the protocol to receive PM Modi at the airport. Both Guyana and Barbados, another small Caribbean country, will confer their highest national awards on Modi. People of Indian origin, the biggest ethnic group in Guyana, make up 43.5% of the population. There are around 3,20,000 people of Indian origin in Guyana, according to the Ministry of External Affairs (MEA), which described it as «one of the oldest Indian diasporas, which migrated more than 185 years ago». «Prime Minister received a rousing and colorful welcome from the Indian community and the Indo-Guyanese diaspora in the presence of several Cabinet Ministers of Guyana,» the MEA said in a statement. However, the presence of a large Indian-origin community is not the only reason PM Modi is visiting Guyana. It may be a tiny country but it is assuming great global significance due to its huge oil reserves. Forging economic relations with smaller countries is part of Modi's agenda to bring together the Global South.

Donald Trump says he has chosen former acting Attorney General Matt Whitaker to serve as U.S. ambassador to NATO, the bedrock Western alliance that the president-elect has repeatedly expressed skepticism about. Trump, in a statement, said Whitaker was «a strong warrior and loyal Patriot» who «will ensure the United States' interests are advanced and defended» and «strengthen relationships with our NATO Allies, and stand firm in the face of threats to Peace and Stability.» The choice of Whitaker as the nation's representative to the North Atlantic Treaty Organization is an unusual one, given his background is as a lawyer and not in foreign policy.

National Company Law Tribunal (NCLT) on Wednesday passed an order refraining the Think & Learn subsidiary Aakash Institute from amending the company’s articles of association (AoA) which sought to remove the rights of minority shareholders. On Tuesday, the minority shareholders of Aakash filed a mismanagement and oppression petition against the current management of the entity. According to the counsel representing the minority shareholders, the extraordinary general meeting (EGM) which was to be held on Wednesday, sought to remove their rights while conferring special rights on the major shareholder Ranjan Pai’s Manipal Education and Medical Group which currently holds about 40% stake in Aakash.

insurtech sector has mobilised USD 2.5 billion over the years and the industry is expected to attract more investment in the future as there are significant growth opportunities in the space, a report said on Wednesday. According to Boston Consulting Group (BCG) and India InsurTech Association (IIA) report, India has about 150 insurtech companies, with 10 unicorns and «soonicorns» and over 45 «minicorns» with a 12 times increase in revenue over the past five years to reach USD 750 million. Cumulative funding has surpassed USD 2.5 billion, bringing the total ecosystem valuation to over USD 13.6 billion, the report said. While global insurtech funding has slowed down, the report said, APAC's insurtech sector has shown resilience.

Agar traders feel that industry will be transact business to the tune of a whopping Rs.50,000 crore annually once international trade centre comes up in Assam. MJI Perfumes, Assam's first make in perfume from agar, has attracted hordes of visitors at the Assam Pavilion in the ongoing 43rd India International Trade Fair (IITF) at the Bharat Mandapam in New Delhi. One of the highlights of the Assam Pavilion, the stall selling Agar and its derivatives has evoked a very good response from the residents of Delhi-NCR. The man who is on mission agar is none other than Dr.Jehirul Islam. Dr Islam returned to Assam from Saudi Arabia in 2008 and plunged headlong into deep research in agarwood farming. Called ‘liquid gold’ for its high commercial value, as its oil is used for making perfumes that are loved by the people in the Middle East and the Arab world, he discovered the disease in this indigenous plant and also pioneered the legalisation of its trade.

urban freight efficiency and cut logistics costs, an official said on Wednesday. Under the Indo-German technical cooperation, Deutsche Gesellschaft fur Internationale Zusammenarbeit (GIZ's) Green Freight Project supported the relevant state authorities in the preparation of the model CLPs and adopting international best practices. This is crucial for reducing congestion, pollution and logistics costs while improving the overall quality of life in cities. Additional Secretary in the DPIIT Rajeev Singh Thakur said that both Delhi and Karnataka governments have provided support for developing these plans.