Here are top 5 news of the day: Belstar Microfinance Ltd submitted draft red herring prospectus (DRHP) to the Securities and Exchange Board of India (Sebi) to raise ₹1,300 crore through an initial public offering (IPO). According to the draft red herring prospectus (DRHP), the initial public offering (IPO) of the Chennai-based company comprises a ₹1,000 crore fresh issue of equity shares and an offer-for-sale (OFS) of ₹300 crore by existing investor shareholders.
READ MORE HERE… Berkshire Hathaway CEO Warren Buffett spoke about the 'unexplored opportunities' in India and said the next management will decide on investments in the Asian country. When asked if Berkshire Hathaway is actively seeking opportunities in India, the nonagenarian investor responded with a description of the 'loads of opportunities' India has but left it to future management to decide.
READ MORE HERE… Canadian Prime Minister Justin Trudeau said the investigation into the killing of India-designated terrorist Hardeep Singh Nijjar is "not limited" to the arrest of three Indian nationals and is ongoing. He said that it is important because "Canada is a rule-of-law country".
Meanwhile, External Affairs Minister S Jaishankar said what is happening in poll-bound Canada over the killing of Khalistan separatist Hardeep Singh Nijjar is mostly due to their internal politics and nothing to do with India. Jaishankar also criticized the Justin Trudeau-led government in Canada for issuing visas to people with links to organised crimes for “political purposes" despite warnings from the Indian government.
India has designated Nijjar a terrorist for his Khalistani separatist support. READ MORE HERE… The Food Safety and Standards Authority of India (FSSAI) has
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