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WA gold miner Red 5 Limited isn’t resting on its laurels after listed peer Silver Lake Resources’ sharemarket raid earlier this month. The purchase of an 11 per cent stake by Luke Tonkin’s Silver Lake didn’t just put Red 5 into play, it threw down the gauntlet to Raleigh Finlayson’s Genesis Minerals.

Five Eyes partners" prior to Canadian Prime Minister Justin Trudeau's allegations against India regarding the killing of a Khalistani extremist Hardeep Singh Nijjar on Canadian soil. David Cohen, the US Ambassador to Canada, confirmed this revelation in a televised interview. «I will say this was a matter of shared intelligence information,» he said.

Punjab Vigilance Bureau has registered a case against former state finance minister Manpreet Singh Badal and five others in connection with alleged irregularities in the purchase of a property in Bathinda, a top official said on Monday. Apart from Badal, who is now a BJP leader, and former Bathinda municipal corporation commissioner Bikramjit Shergill, the other four booked in the case on Sunday night have been identified as Rajiv Kumar, Amandeep Singh, Vikas Arora and Pankaj, the official said. Rajiv Kumar and Amandeep Singh have been arrested, the officer added. The bureau had launched an investigation into the matter based on former MLA Sarup Chand Singla's 2021 complaint alleging irregularities in the purchase of the property at a prime location in Bathinda. BJP leader Singla, who was earlier with the Shiromani Akali Dal, had alleged that Badal, as a minister in the previous Congress dispensation, had abused his position to convert commercial plots into a residential plot for himself. The case was registered under relevant sections of the Indian Penal Code, including sections 420 (cheating) and 468 (forgery) and also under the Prevention of Corruption Act. During the investigation, the Vigilance Bureau had interrogated Badal in July.

Actor and producer Antonio Sabato Jr. explains why the writers and actors strikes will 'go on for a lot longer.'

India's G20 Presidency, the minister highlighted how India was ‘the voice of the Global South’ and how it steered the global conversation back to global growth and development issues. “To get the G20, to talk about what the world wanted to talk about, that was the real problem with the G20. Our Prime Minister put it very well, he said first let’s talk to the people who are not going to be on the table.

Subscribe today by clicking the link and stay updated with the latest financial insights! Click here! While Canadian Prime Minister Justin Trudeau first used the term "credible allegation" last week to describe the situation, an Indian official has said that the phrase is contradictory in itself. “No credible evidence has been shared through either the diplomatic or the intelligence channel with India.

State Bank of India: The country's largest lender raised a whopping ₹10,000 crore through an infrastructure bond issue on Friday, with bids exceeding the initial target by over five times. The bonds, which will carry a coupon rate of 7.49%, will be used to fund infrastructure projects and affordable housing. This is the fourth infra bond issue by SBI, underscoring the growing demand for such instruments from investors.

ANI, according to the data from the State Disaster Management Authority, "16 roads remain blocked in Lahaul-Spiti district, 4 in Shimla, 2 in Kullu and 1 each in Kangra and Kinnaur districts." As per data from the State Revenue Minister Jagat Singh Negi, "Since the onset of monsoon fury in the state, 468 people have died, 487 injured and 40 are missing." "2,647 houses have been completely damaged, 1,129 houses damaged partially, 320 shops damaged and 5,977 Cowsheds damaged," it said. Additionally, the data suggested reports of 168 landslide and 72 flash flood incidents during the past three months.

Click here! Earlier in February 2022, the World's largest igloo cafe was opened in Gulmarg, grabbing the eyeballs of the many tourists. In 2023, a glass igloo restaurant was developed by a private entity in Gulmarg.

Financial planner Anupam Guha from ICICI Securities suggests that Singh build an emergency corpus of Rs.1.8 lakh, worth six months of household expenses. He can allocate his cash for this goal and invest it in a money market fund. Next, he wants to buy a car worth 6.7 lakh in five years and can assign his equity funds for the same.

Concord Biotech's strong foothold in the niche segment of manufacturing active pharmaceutical ingredients through fermentation along with its capacity expansion and planned launches are seen underpinning strong earnings growth for the company over the next three to five years, analysts said. They see Concord Biotech's shares gaining 15-30% from the current levels as earnings per share are expected to see a compounded annual growth of about 27% over the next three years. Shares of the Ahmedabad-based biopharma company, which listed a few weeks ago at a more than 20% premium, have notched another 9% gain since then. The shares topped ₹1,000 in intraday trade on Friday, before closing nearly 2% higher on the NSE at ₹983.40. «Founded by a technocrat, Concord's focus lies on niche, high-value molecules across immunosuppressants, anti-infectives and oncology, wherein complex fermentation processes and difficulties in scaling up are key entry barriers,» said Kotak Institutional Equities. Pegging the company as «the fermentation expert», the brokerage has an 'add' rating for its shares for a target price of ₹ 1,110. While Concord is trading at a premium valuation compared with most of its listed peers, it also has superior profitability, and this is seen improving further.

Australia’s record 40 to 6 loss to Wales at Lyon is a disaster for Australian Rugby.

Ana Rodriguez. India accounts for 11% of Lladro's global sales. The company generates 69% of its business from heritage concept (high porcelain, classic sculptures, home and licences), 21% from new concept (design sculptures, scent and jewellery), and 10% from lighting. Lladro will also have an «important» investment plan for developing online sales in the country next year, besides launching more mono-brand stores in the country, according to Rodriguez. With the new boutique, Lladro now has eight own-brand stores in India in markets such as New Delhi, Gurugram, Mumbai, Bengaluru, Hyderabad, Chennai and Kolkata. «For us, India is not only a key market but a very strategic market,» Rodriguez told ET.

LandCraft Retail has leased a commercial property owned by actor Salman Khan on Linking Road in Mumbai at a rental of ₹1 crore per month to open a new gourmet store, replacing Food Hall owned by debt-ridden Future Group. The new chain — Food Square — will compete with RP Sanjiv Goenka-owned Nature's Basket and Reliance Freshpik. «We are farmer-entrepreneurs-founders ourselves, running large-scale aquaponics and sustainable soil-based farms in different parts of Maharashtra for more than five years,» said Mayank Gupta, managing director and co-founder of Food Square. He added that the current valuation of the Indian gourmet food market at $1.3 billion with an annual compounded growth rate of 20% «makes it a promising arena». Salman Khan had bought the Linking Road property for nearly ₹120 crore a decade ago to build a commercial premise.Future Retail had leased the space in 2017 for five years at a monthly rental of ₹80 lakh, which was renewed last year for ₹90 lakh.

immigration facility at the Puducherry port, regional oil spill response centres in five states and removing submarine oil and gas pipelines in Mumbai are among the requests from state maritime boards that are being considered by the Centre. Most state government-controlled maritime boards want improved support for their ports along with better facilities to help them gain more cargo and passenger volumes. “Calls for financial incentive to encourage shift of cargo from road or rail to coastal shipping also figure on the list of demands,” a top government official aware of such requests told ET. Meanwhile, the Centre has flagged some concerns.

The alliance of G33, African Group and the ACP (African, Caribbean and Pacific) group at the World Trade Organisation (WTO) has proposed a new method to calculate subsidies given to purchase, stockpile and distribute food to ensure food security for developing and poor nations. It has also proposed that exports of foodgrains from public stocks to needy countries be allowed for international food aid and humanitarian purposes. The alliance is keen to get more support for its proposals, officials said. «The cosponsors of the proposal are reaching out to 6-7 LDCs and the Arab Group who have given support from the floor,» an official said. The coalition has suggested that a permanent solution for public stockholding should account for inflation and be based on a recent reference price. At present, the external reference price (ERP) used for calculating subsidies is based on 1986-88 prices. «Production of staples has been hit in many countries and they are now concerned about their food security.

NARCL), the winning bidder to take over the bankrupt Srei non-bank lenders has distributed ₹2,580 crore of cash accumulated in the company to creditors in the first step to implementing its resolution plan. The cash was distributed as part of the ₹3,180 crore upfront payment promised by the bad bank in its winning bid and was credited to banks on Saturday, four people familiar with the details said. The payment to lenders means that NARCL now has 45 days to complete the implementation of its plan including the issuance of debentures and preference shares to lenders which can be encashed based on future recoveries from the account. «The distribution of cash is an important milestone in the implementation of the plan. NARCL will now move for documentation, issuance of debentures and equity stake to lenders as promised in its resolution plan,» said a person aware of the details.Canara Bank is the largest beneficiary receiving ₹250 crore, followed by State Bank of India (SBI) at ₹220 crore, Punjab National Bank (PNB) at ₹215 crore and Union Bank of India at ₹200 crore. As almost all lenders have fully provided for this loan, the recovery is likely to be written back to the banks' profits.

Nifty Private Bank ETF. A sharp improvement in return ratios, expected economic growth, reasonable valuations, and recent underperformance compared to the PSU banks make this a good bet for investors with a high appetite for risk, wealth managers said. The Nifty Private Bank Index has underperformed the Nifty 50 and PSU Bank indices over the last one year.

₹8,000 crore during this time and developmental work continues at a rapid pace in the region. “In the last three years, we set up 295 road projects, bridges, tunnels and airfields which were dedicated to the nation. In four months, our 60 more projects will be ready and the pace of our work has increased," said BRO Director General Lt General Rajeev Chaudhry on Sunday.

India has been carrying out a lot of construction activities at the China border in the last three years, BRO Director General Lt General Rajeev Chaudhry said on Sunday. The DG was here to inspect the ongoing construction work of an air dispatch unit of the Border Roads Organisation (BRO), touted to be the world's largest 3D concrete printed campus. Chaudhry said the government of India is fully supporting the BRO for carrying out infrastructure development projects by way of increasing the budget and new technology. The government of India has «increased our budget by 100 per cent in the last two years», he added. When asked if China is carrying out big infrastructure development near the border areas of India, the DG said that a lot of construction activities have been being carried out by the BRO and other agencies at the China border in the last three years. The DG said that around 300 BRO projects worth Rs 8,000 crore were completed during the last few years. «In the last three years, we set up 295 road projects, bridges, tunnels and airfields which were dedicated to the nation,» Chaudhry said. «In four months, our 60 more projects will be ready and the pace of our work has increased,» he added. The DG said that the BRO was using steel slag — a by-product of steel — and plastic in the construction of roads. «Today, the BRO's pace of work is quite fast and the government has complete support in it, be it the budget, machines, new technology and simplification of procedures.

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