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Rashmi Metaliks, an iron and steel maker, has submitted a resolution plan for the bankrupt military-focused software exporter Rolta India. It has agreed to pay less than Rolta's liquidation value, and lenders will likely ask the company to revise its offer. Secured creditors have an exposure of ₹7,086 crore to Rolta. The lenders are scheduled to meet on Wednesday to evaluate the Rashmi offer.

Casino and hotel giant MGM Resorts International says a cybersecurity issue led to the shutdown of computer systems at its properties across the U.S. A statement Monday from the Las Vegas-based company said the incident began Sunday and the extent of i...

(Reuters) — The U.S. has no large-scale commercial wind farms in operation today, but President Joe Biden's administration aims to have 30 gigawatt (GW) installed by 2030 to help decarbonize the power sector and revitalize domestic manufacturing. The federal government has already approved several large-scale projects so far, with the first two — Vineyard Wind 1 and South Fork — expected to deliver first power by the end of this year, and about a few dozen projects are in different stages of development. Some 27 power offtake contracts totaling more than 17 GW had been signed by the end of May, according to a U.S. Department of Energy report published on Aug. 24. However, inflation, supply bottlenecks and higher financing costs have eroded profitability of many projects, forcing some to cancel the offtake agreements, while others are still seeking to renegotiate the terms, the report said.

How it works NCMCs are issued as prepaid and debit Rupay cards and will soon be issued as credit cards as well. A prepaid card can be bought from metro stations by completing online KYC at the issuing bank’s platform. Debit cards, on the other hand, are issued by the bank.

N Chandrababu Naidu was arrested on Saturday and sent to 14 day judicial custody by a Anti-Corruption Bureau (ACB) court. Chandrababu Naidu was brought to Central Prison in Rajamahendravaram. The TDP chief has been accused in in a multi-crore corruption Andhra Pradesh Skill Development Scam case.

I have Rs 35,000 surplus money to be invested. Is it advisable to invest in a Mutual Fund, Bank Nifty or Gold ETF or any other investment?

Anil Kumble on Monday had to board a bus to home amid a strike called by private transporters in Bengaluru to voice various demands. The retired cricketer, who took a BMCT bus to home, shared a snapshot from inside the bus on X (formerly Twitter) and captioned it with, "BMTC trip back home today from the airport." Federation of Private Transporters in Karnataka has called for a day-long bandh in Bengaluru against the free travel scheme for women — the Shakthi scheme and other demands. More than 30 private transport organisations and farmers’ associations have extended their support to the bandh call.

space sector to attract overseas players, a top official said on Monday. Secretary in the Department for Promotion of Industry and Internal Trade (DPIIT) Rajesh Kumar Singh said that huge scope is there for Saudi Arabian companies to invest in India in different sectors such as aviation, pharma, bulk drugs, renewable energy, food processing and agrti-tech. «There is tremendous scope for collaboration… such as in artificial intelligence, robotics, cyber security, automation and space, where we are looking to further liberalise our foreign direct investment norms to bring in private sector and foreign investment in our space sector,» Singh said at the India-Saudi Arabia investment forum meet here. Presently FDI in space sector is allowed up to 100 per cent in the area of satellites establishment and operations through government route only. He added that several Saudi Arabian companies have invested in Indian wind and solar energy sectors. «We look forward for collaboratively working with you,» he said, adding there is also tremendous scope for collaboration between Saudi Arabian military industry and make in India campaign, which can enable «us to work» on joint collaboration on defence projects of mutual interest. The secretary sought investments in areas such as bulk drug parks and food processing sector. As India is the home of several agro-tech startups, huge potential is there to increase collaboration, he added. On trade front, he said that the bilateral trade between the two countries has reached USD 52.8 billion in 2022-23.

The Hindustan Times, this development coincided with Prime Minister Narendra Modi expressing India's deep apprehensions regarding the ongoing anti-India activities involving extremist factions in Canada to Canadian Prime Minister Justin Trudeau on the same day. The voting occurred at the Guru Nanak Sikh Gurdwara in Surrey, the very gurdwara that was previously led by Hardeep Singh Nijjar, the prominent figure of SFJ in the province.

Bengaluru, causing potential inconvenience for school students and office-goers. The Federation of the Karnataka State Private Transport Associations, consisting of 32 private transport associations, has called for a 'bandh' starting from midnight today until midnight on Monday. As a result, most private transport services are likely to be unavailable during this period. Private maxi cabs serve as a vital mode of transportation for many schoolchildren, prompting some schools in the city to declare a holiday on Monday to prevent disruptions for students, according to official sources.

Telugu Desam Party in protest against the arrest of former Chief Minister N Chandrababu Naidu saw lukewarm response on Monday with business as usual at many parts of the state during morning hours. According to Additional Director General of Police (Law and Order) Shankha Brata Bagchi, the situation is peaceful in the state and no untoward incident has been reported. «Situation is peaceful, depending on the situation, the local authorities have promulgated prohibitory orders,» Bagchi told PTI. A local Court in Vijayawada on Sunday remanded TDP chief Chandrababu Naidu in judicial custody for 14 days in an alleged multi-crore corruption scam. The Telugu Desam Party had called for a statewide bandh on Monday in protest against the arrest of its leader. East Godavari SP P Jagadeesh said security has been tightened in Rajamahendravaram in East Godavari district and around the central prison where Naidu is currently lodged. Police were seen dispersing some TDP activists protesting on roads at some places in the state. Several senior leaders including TDP president K Atchannaidu have been taken into preventive custody from their respective places. In Visakhapatnam, the largest city in AP, the bandh saw no impact on normal life during morning hours.

The Federation of Karnataka State Private Transport Associations in Bengaluru announced a 'bandh' scheduled to start from midnight of September 10 and continue until midnight of September 11. The strike is expected to disrupt transportation services. As a result of this bandh, some schools have already declared a holiday for Monday, according to official sources cited by the news agency PTI.

Bengaluru Bandh LIVE Updates: The Federation of the Karnataka State Private Transport Association has called a bandh today i.e. on 11 September. The Bengaluru Bandh begins on Sunday Midnight and will continue till Monday midnight.

Bengaluru Bandh News: The Federation of the Karnataka State Private Transport Association has called a bandh today i.e. on 11 September. All private commercial vehicles plying in Karnataka's capital city will be ceasing their services today.

Bengaluru traffic police has issued a traffic advisory for the public to plan accordingly after Karnataka State Private Vehicles Owner Association's call for 'Bengaluru Bandh' on Monday. «There might be disruption in operation of taxis, maxi cabs, private buses and auto rickshaws. Therefore, all road users are advised to use alternative roads and plan their travel accordingly,» the advisory stated. As per the advisory, the police have asked the public to avoid KG Road, Sheshadri Road, GT Road and roads around Freedom Park and Majestic Bus stand. «Vehicle coming from RR Junction towards Khodays circle: move towards to Krishna floor mill and proceed towards Malleshwaram.

NPS also offers a lot of flexibility. Investors can choose their asset mix by dividing the corpus among four different types of funds. They can also change this asset mix up to four times a year. The choice of pension fund managers has also broadened.

By Parisa Hafezi and Andrew Mills

Rolling Stone magazine has named FACE, the first solo album of BTS band member Park Jimin, as one of the best music albums of 2023. The Rolling Stone called the now solo artist’s album “a compelling showcase of the silky-voiced singer-dancer’s pop strengths."

Kempegowda International Airport are likely to face inconvenience in booking cabs due to the Bengaluru bandh protest on September 11. “Due to the one-day protest called by private transport vehicle association on September 11, 2023, there might be disruption in the operation of taxis, maxi cabs, private buses & auto rickshaws,” said Bengaluru airport on Social media platform X. It advised passengers to plan their travel to and from the airport accordingly. The Federation of the Karnataka State Private Transport Associations has called for a 'bandh' seeking a ban on bike taxis, and urging the government to extend the Shakti scheme — that offers free bus rides to women on state-run transport buses — to private buses as well, among other demands. The private transporters have claimed that they have been negatively impacted by the Shakti scheme and that the state government has not fulfilled their demands despite repeated discussions. About 7 to10 lakh vehicles including autos, taxis, airport taxis, maxi cabs, goods vehicles, school vehicles, also stage carriages, contract carriages and corporate buses, will go off the roads tomorrow, S Nataraj Sharma, president of the federation said. Federation office bearers have said that they have organised a protest march from Sangolli Rayanna circle to Freedom Park in the city as part of the bandh. The Bengaluru Metropolitan Transport Corporation (BMTC) will run more bus trips and services in the city and also to Kempegowda International Airport on Monday to mitigate the inconvenience caused to the public by the bandh. Transport Minister Ramalinga Reddy had recently said that the government was open to talks with the federation and is also making preparations to ensure that the

Delhi Lt Governor VK Saxena activated the rain contingency plan as it began to pour during the dinner for G20 leaders hosted by President Droupadi Murmu, Raj Niwas officials said on Sunday. They added that Saxena has also thanked Delhi-NCR residents for making the G20 Summit a grand success. «The Lt Governor underlined that without their support, enthusiasm and patience in face of inconveniences, this international event could not have played out with the perfection that it did,» an official said. Saxena also thanked the «rain gods» who made the stay of the visiting dignitaries all the more special by bringing down temperatures and improving the Air Quality Index. Various government departments and agencies had formulated rain contingency plans in case of a downpour. «For waterlogging that occurred at certain sites prone to flooding, pumps were immediately put into action.

Central and state government of Uttar Pradesh and the work is in full swing, an official release said. Along with the Central Government, the Yogi Government is also making efforts to provide various facilities to the devotees in the coming days. According to District Magistrate Nitish Kumar, all the works of Maryada Purushottam Shriram International Airport are to be done in three phases. For this, 100 per cent work of acquiring total 821 acres of land included in the project has been completed. Along with this, the runway work of phase-one of the airport has also been 100 per cent completed.