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Ford to stop manufacturing in India, close its 2 plants

Ford has been in India for 25 years, but managed to gain less than 2 per cent of the market share as its dated line-up failed to bring in competition

Total to invest $27 bn in energy projects in Iraq's Basra region

The agreements include construction of a new gas gathering network and treatment units to supply the local power stations, with Total Energies also bringing its expertise to optimise oil and gas production of the Ratawi field, by building and operating new capacities

RIL set to acquire Europe's top solar panel maker REC Group for $1.2-1.5 bn: report

A successful deal would help bolster the business portfolio of Reliance New Energy Solar Ltd (RNESL), a wholly owned subsidiary of Reliance Industries Ltd

India's GDP for Q1 FY22 up over 20.1% at Rs32.38 lakh crore

India’s gross domestic product (GDP) at constant (2011-12) prices in the first quarter of the current financial year (April-June 2021-22) is estimated to have grown by 20.1 per cent to Rs32.38 lakh crore, against Rs26.95 lakh crore in Q1 of 2020-21

Prosus to acquire 100% equity in BillDesk, merge with PayU

The proposed acquisition will make PayU one of the major online payment providers globally with some $147 billion in annual payment volume while the combination is expected to create a financial ecosystem handling four billion transactions annually - four times PayU’s current level in India

US Fed not in a hurry to close money taps: Powel

While the pandemic-led recession, the briefest and deepest on record, displaced roughly 30 million workers in the United States in the space of two months, recovery has ben even faster, the Fed chief said

Reliance buys rights to manufacture consumer electronics brands BPL, Kelvinator

Reliance will be manufacturing and selling BPL products, which may include air-conditioners, refrigerators, washing machines, television sets, fans and light bulbs, and may start production of new products under the brand, say reports

ReNew Power lists on Nasdaq at a valuation of $4.5 billion

With the business combination, RMG II has become a wholly owned subsidiary of ReNew Energy Global plc

Finance minister launches Rs6,00,000-cr National Monetisation Pipeline

The unlocking of capital or asset monetisation envisages a structured contractual partnership as against privatisation or slump sale of assets

China's CATL unveils new battery that runs on sodium instead of lithium

CATL applied Prussian white material with a higher specific capacity and redesigned electrons for cathode while using a hard carbon material with a unique porous structure that enables abundant storage and fast movement of sodium ions for anode, to overcome technical problems

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US Retreat Pushes Afghanistan Back Into The Dark Ages

Not just that, the US and its allies have taken home enough of the lesser Talibans so that liberal democrats in those countries can nurture refugee-driven unrest, to challenge and destabilise governments there

The Perils of `Indian' Democracy

Like the socialist state withering away at its extreme, the liberals think that extreme liberalism would also help drive the state into anarchy!

The Arrogance Of Twitter, The Social Parasite!

“Your account is now available for use. Please be aware that any additional notices against your account may result in your account being locked again and potentially suspended. In order to avoid this, do not post additional material in violation of our Copyright Policy and immediately remove any material from your account for which you are not authorised to post,” the social media app warned India’s IT minister Shivshankar Prasad after unlocking the account

Stifling fiscal freedom

While a uniform tax rate would disable low-income and developing countries wanting to preserve or enhance their corporate tax base and mobilise revenue, the G7 is more concerned about the shift of income from intangible sources such as drug patents, software and royalties on intellectual property to these low-tax jurisdictions

An unbreakable bond during torrid times

Jennifer Rosner in conversation with Swetha Amit on  the idea behind her book, The Yellow Bird Sings, set in the backdrop of WWII, where a Jewish mother in hiding with her children introduces them to music to soothe their frayed nerves

Reimagining Ramayana

Aditya Iyengar in conversation with Swetha Amit about his book ‘Bhumika.’

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