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NEW DELHI : Oil and Natural Gas Corporation has entered the fray to acquire a significant majority stake in Ayana Renewable Power Pvt. Ltd, as India’s largest crude and natural gas producer seeks to bulk up its clean energy portfolio. The state-run ONGC has submitted a non-binding offer for Ayana, which is looking to sell even up to a 100% stake at an equity valuation of about $800 million, said two people aware of the development.

The Justice Department has determined that Boeing violated a settlement that allowed the company to avoid criminal prosecution after two deadly crashes involving its 737 Max aircraft

Used Teslas aren’t as expensive as you might think, especially with the company’s recent price cuts on its new models

Morocco has grown its automotive industry from virtually non-existent to Africa’s largest in less than two decades

Two-wheeler makers Royal Enfield, Bajaj Auto and Hero MotoCorp posted record revenue from sales of branded, genuine parts — like brake pads, headlights and speedometer — accessories and merchandise in FY24. At their post-earnings investor calls, company executives attributed this to the market for such items becoming more organised and buyers giving preference to branded spares over non-branded ones. Additionally, a superior product mix — higher contribution of premium models in the sales mix and an expansion in the product portfolio in the aftermarket segment — also helped companies boost revenue and profitability, they said. At Hero MotoCorp, revenue from spare parts and accessories increased nearly 80% in five years to a record Rs 5,087 crore in FY24 from Rs 2,836 crore in FY19. The share of this sub-segment in the company's revenue rose to 13.6% from 8.7% in this period, show its filings. Encouraged by the growth potential, the maker of the Xpulse and Splendor motorcycles will be expanding its Global Parts Centre.

A trend may be unfolding in Canada’s housing market, as the number of active listings continued to edge upward, rising sharply in April to reach its highest point in more than five years. The numbers heralded a shift toward a more balanced market, with home prices remaining stable and sales down marginally.

PSUs) are readying a coordinated strategy to secure overseas critical mineral assets. Coal India Ltd. (CIL), National Mineral Development Corporation (NMDC), ONGC Videsh Limited (OVL), besides Khanij Bidesh India Ltd.

Pakistan-occupied Kashmir (PoK) is part of India and it will be taken back, Union home minister Amit Shah asserted on Wednesday. Shah said this while speaking at a rally in Serampore, West Bengal. On Wednesday, he addressed another rally at Aska in Odisha. PoK recently witnessed protests where the «azaadi» slogans were raised, Shah said in Serampore.

Hulu unveils the trailer for 'The Famous Five,' a thrilling series adapted from Enid Blyton's beloved children's adventure novels. With the US premiere set to debut on Hulu, audiences can expect a new coming-of-age tale filled with mystery and camaraderie. Exploring The Famous Five

Rajasthan Royals slumped to their fourth successive defeat as Punjab Kings beat them by five wickets in an IPL match here on Wednesday. However, Royals with 16 points are safe in terms qualifying for the play-offs but with one match left, they might not finish in top two with an inferior net run-rate as Sunrisers can go up to 18 points. On the day, Punjab Kings restricted Rajasthan Royals to a meagre 144 for nine. For Royals, local hero Riyan Parag scored 48 off 34 balls on a difficult track while Punjab skipper Sam Curran (2/24 in 3 overs), Harshal Patel (2/28 in 4 overs), Nathan Ellis (1/24 in 4 overs) and Rahul Chahar (2/26 in 4 overs) were all on target. In reply, skipper Curran hit an unbeaten 63 off 41 balls to ensure an inconsequential victory with seven balls to spare.

Odisha facing simultaneous Lok Sabha and assembly polls, top leaders of all major political parties are making a beeline for the state. In the fourth phase, polling for four LS and 28 assembly seats of the state was completed. The remaining 17 seats and 119 assembly seats are scheduled to vote over the next three phases. Prime Minister Narendra Modi has already held five election rallies and a roadshow in Bhubaneswar. He has taken Navin Patnaik's challenge head-on during his speeches. Modi will visit the state on May 20. During the trip, he would address two public meetings in Angul and Cuttack. He will also hold a roadshow in Puri, supporting BJP candidate Sambit Patra. Before Modi's trip, Union home minister Amit Shah and BJP national president JP Nadda will campaign in Odisha. Taking a cue from the PM's speech, Shah has been launching a direct attack on Navin Patnaik. Addressing a rally in Aska LS constituency on Wednesday, Shah accused Patnaik of pasting his own pictures on rice bags sent by the Centre and distributing it in his own name. Shah addressed this rally in Hinjili, the assembly constituency from where CM Patnaik is contesting.

Modi's assertion that the NDA's tally is going «400-paar» (400-plus) this Lok Sabha elections, Congress President Mallikarjun Kharge Wednesday said thankfully he is not talking about «600-paar» because there are only 543 parliamentary seats. Addressing a rally at Sarai Umar in the Harchandpur assembly segment here, Kharge also said he has signed all the «promises made by our party» and they will be fulfilled if the INDIA bloc forms government. «It's not like 'Modi ki guarantee' which is never fulfilled.» He launched a scathing attack on the PM, alleging his government is «cut off from the poor», and is working just for the interest of a handful of industrialists. People will bid goodbye to this dispensation and the opposition coalition will come to power after the results are announced in the first week of June, Kharge said. «Modi and the BJP have been talking about '400-paar',. fortunately they are not speaking about '600-paar' as there is a constitutional limit on the strength of Lok Sabha at 543 seats,» Kharge said.

Securing a home loan is a major financial step and it’s crucial to have a comprehensive understanding of the entire process. A home loan offers excellent tax-saving opportunities, and recent budget changes have further enhanced their attractiveness.

Economist Lawrence Wong was sworn in as the fourth prime minister of Singapore on Wednesday. He was administered the oath of office by President Tharman Shanmugaratnam.

IPL 2024 SRH vs GT: High-flying Sunrisers Hyderabad (SRH) will take on Gujarat Titans (GT) at the Rajiv Gandhi International Cricket Stadium in Hyderabad on May 16 tomorrow. As per the weekday IPL tradition, it will be an evening match and it will commence at 7.30 pm. While Pat Cummins-led SRH have won seven games out of 12 played so far, GT are out of the playoff race due to Motera washout. This match will be very important for the SRH as those precious two points will help them in qualifying for the playoffs and seal the spot after KKR and RR. If one looks at Shubman Gill-led GT’s 2024 campaign, they posted wins in five out of 12 games that they played. Though they could have a shot at playoff had the Ahmedabad match was not abandoned. AT present, they have eight points in their kitty.

Ontario is planning to bring in a series of new measures for those found guilty of impaired driving in the province, including ignition interlock devices and lifetime driving bans.

Also Read: Bomb scare in Delhi again! Tihar Jail gets threat email after schools and hospitals Seven schools, including five private schools and two government run schools, received bomb threat emails in a span of 72 hours. Additional Commissioner of Police (Law and Order) Harish Chandra said that most schools reported the threat emails to police on Tuesday. The school authorities got to know about the threat mail on Tuesday, as schools were closed on Sunday and Monday.

considering discussing generative AI and making enterprise-wide changes on them. This comes on the back of more than half the respondents stating that GenAI’s impact on their business model will be greater than that of previous disruptive technologies like the internet and smartphones. Also Read: AI asymmetry: Can our IT service firms close their gap with GenAI rivals? At least 54% of senior executives who have responded believe that their company is a long way from fully leveraging Al, with the primary barrier being the quality and availability of enterprise data.

Many Canadian homeowners have felt the pain of higher interest rates when it’s come time to renew their mortgage, but a new report from Desjardins says if 10-year terms were more prevalent and attractive, it could have helped lessen the “payment shock.”

The South Korean tax body, the National Tax Service (NTS), has announced it has liquidated previously frozen crypto worth more than $800,000.

maximum temperature above 40 degree Celsius in the next five days. On the other than, some states including Karnataka, Tamil Nadu, Kerala, West Bengal, Jharkhand, Jammu and Kashmir, Andhra Pradesh, Telangana, and others will have light rainfall.