Southern Financial News

JSW Infrastructure, the ports unit of Sajjan Jindal-led JSW Group, jumped 8.5% to Rs 220 in Friday's trade on BSE after the company emerged as the winning bidder for the development of all-weather, deep-water, greenfield port at Keni in Karnataka on Public Private Partnership basis. «The Karnataka Maritime Board, Government of Karnataka has issued the Letter of Award (LOA) to JSW Infrastructure. As per the RFP document, the estimated cost of the Project is Rs 4,119 crore with an initial capacity of 30 MTPA,» the company said in an exchange filing. Arun Maheshwari, Joint MD and CEO of JSW Infrastructure, said, «Through the development of this greenfield port, we are partnering Karnataka Government’s mission to meet the logistics demand of a rapidly growing State and the region’s economy.

Graphic detail page. ON JULY 24TH a buoy in the Manatee Bay off Florida’s southern tip measured a record-breaking sea-surface temperature of more than 101F (38°C). Normally, you’d need to take a bath to immerse yourself in water of that temperature.

By Wendell Roelf

Three men have been arrested for an elaborate conspiracy that drained $10 million from banks across the New York City metropolitan area, United States Attorney for the Southern District of New York, Damian Williams, announced today.

NEW DELHI : Legends League Cricket (LLC), a global T20 cricket league with recently retired international cricketers, is looking to raise $10 million to develop the league further, Raman Raheja, a director of Absolute Legends Sports Pvt Ltd and chief executive of LLC, told Mint. Some of the big names in the league are Harbhajan Singh, Gautam Gambhir, and Chris Gayle. The league, which has two formats and runs at two different times of the year, has raised a total of $7 million since its inception in 2022, when the first season of the league was played.

Scotland. While Scots prepare for wintry conditions, the rest of Britain is on alert for heavy rain and potential flooding, marked by yellow weather warnings.

₹4,119 crore, will be an all-weather, greenfield, multi-cargo, direct berthing, deep-water facility. JSW Infra will also operate the project for a period of 30 years. "Once the concession agreement is signed, we will start working to develop the Keni Port as an integral part of the state’s maritime infrastructure and trade gateway," said Arun Maheshwari, joint managing director and chief executive officer (CEO) of JSW Infrastructure in a company statement.

The Senate is pushing toward a vote on a temporary government funding package as lawmakers seek to keep the holiday season free from any suspense over a government shutdown

A US District Court for the Southern District of Florida has ceremoniously rejected the requests for class certification by investors who have taken legal action against the Robinhood platform.

Yemen have chanted slogans at their mass rallies calling for the destruction of Israel. But they never acted on it until the Israel-Hamas war began on Oct. 7. Since then, the Iran-backed Shiite Muslim force has launched at least six drone and missile attacks toward southern Israel, causing little to no damage.

earthquake with a magnitude of 3.6 struck Standard, Illinois, as reported by the United States Geological Survey (USGS). Standard, located approximately 100 miles southwest of Chicago in Putnam County, became the epicenter of the seismic activity that unfolded at 4:42 a.m. The quake's effects rippled across the region, reaching as far as Ottawa, Streator, Pontiac, and Springfield, with reports of residents in Aurora and DeKalb County also feeling the impact, according to the USGS. While a 3.6 magnitude earthquake is classified as «light» on the USGS intensity scale, indicating that residents might have experienced a «light» shaking, it is not anticipated to cause significant damage. On the USGS scale, «light» ranks as level three out of nine. The Associated Press quoted administrative Lt. Doug Bernabei from the Peru Police Department several miles north of Standard, who described the immediate aftermath. «It shook my house. It wasn’t a rattle, I thought something hit the house. A lot of people were waking up,» he said, emphasizing the surge of 911 calls received by the dispatch center.

US House lawmakers overcame partisan animosity Tuesday to pass a temporary government funding bill that greatly lowers the risk of a shutdown even as it delays fights over Ukraine aid, border policies and deep cuts to federal programs. 

Disney has released a study showing its economic impact in Florida at $40.3 billion, directly and indirectly through its supply chain and employee spending

The Dutch government has abandoned, for now, plans to rein in flights at Amsterdam’s busy Schiphol Airport

Court ruled on Wednesday that the government's plan to send asylum seekers to Rwanda was unlawful, delivering a major blow to Prime Minister Rishi Sunak's pledge to stop people arriving in small boats. Here are details about the case and the issue: WHY IS IMMIGRATION SUCH AN ISSUE IN BRITAIN? Taking back control of the country's borders and ending the free movement of people was a major factor that led to the 2016 vote for Britain to leave the European Union. Successive Conservative governments had promised to cut net migration to under 100,000 annually before dropping that pledge before an election in 2019. While official data recording has changed, net immigration has continued to rise since Brexit, hitting a record of 606,000 in 2022, partly due to new visa routes for arrivals from Ukraine and Hong Kong. WHAT IS BRITAIN'S RWANDA PLAN? The Rwanda plan, struck in April 2022 by then Prime Minister Boris Johnson, is designed to deter asylum seekers from making the dangerous journey of about 20 miles (32 km) across the Channel from Europe in small boats or inflatable dinghies to England's southern beaches. Last year, a record 45,775 people were detected arriving without permission in Britain in this way. So far this year, more than 27,000 have arrived on small boats. Under the scheme, anyone who arrived in Britain illegally after Jan.

Southern Cross Austereo is set to say thanks but no thanks to Antony Catalano for his proposal to acquire the radio and television broadcaster, Street Talk understands.

Thailand is pitching a multibillion-dollar project that will significantly cut shipping times between the Indian and Pacific oceans by bypassing the Malacca Strait— one of the world’s busiest sea lanes. Prime Minister Srettha Thavisin told investors in San Francisco on Monday that the project can cut travel time by an average of four days and lower shipping costs by 15%. With traffic volumes projected to exceed the Malacca Strait’s capacity by 2030, the new project will ensure seamless flow of goods, he said. The so-called Landbridge project will cost about 1 trillion baht ($28 billion), with seaports to be built on either side of the country’s southern peninsula and linked by highway and rail networks, according to the government.

The first US clinics of failed cancer service provider GenesisCare have been sold in its long-running Chapter 11 bankruptcy process.

Exxon Mobil is drilling for lithium in Arkansas and expects to begin production of the critical material for electric vehicles by 2027

El Salvador’s government has begun slapping a $1,130 fee on travelers from dozens of countries connecting through the nation’s main airport

are in al-Arish (a city in Egypt). Tomorrow morning (Tuesday), they will move to Cairo," Lubna's husband Nedal Toman said in a text message sent to PTI from Gaza. The Rafah crossing near Egypt remains the only exit route from the war-hit Gaza as Israeli troops continue to surround the city.