BUSINESS
Disney and Reliance join forces to create a Rs 70,000 crore media powerhouse in India
Under the terms of the deal, Reliance and its affiliates will hold a majority stake of 63.16 percent in the combined entity, with Disney retaining the remaining 36.84 percent, as stated in a joint statement released by the companies.
India Opposes Inclusion of China-Led Investment Facilitation Pact in WTO, Says Official
The 13th Ministerial Conference (MC-13) of the World Trade Organization (WTO) is currently in session, with Commerce and Industry Minister Piyush Goyal and his delegation participating in the discussions that commenced on February 26.
India's Role as a Consensus Builder at WTO Undermined by Some Nations: Goyal
Goyal stressed the importance of restoring trust in the WTO's ability to deliver and ensuring adherence to decisions made within the organization. He emphasized the need for a functional appellate body to address disputes effectively, advocating for a resolution mechanism that upholds the rules of fair trade.
Government Set to Initiate Second Auction of Essential Mineral Blocks on February 29th
Saxena advised Kejriwal to take responsibility for decisions instead of attributing blame to others. He cautioned against the consideration of waiving bills, penalties, LPSC, and arrears for 10 lakh consumers, suggesting that the payments made by the remaining 17 lakh consumers who have dutifully paid their bills over the years should also be reimbursed, along with interest.
Sunil Bharti Mittal Honored with Knighthood by King Charles III
Bestowed with the title of Knight Commander of the Most Excellent Order of the British Empire (KBE) by King Charles III, Mittal is recognized "for services to UK and India business relations." The KBE stands as one of the highest honors granted by the British sovereign to civilians, often awarded to foreign nationals in an honorary capacity.
Bitcoin Surges Past $57,000, Reaching Heights Not Seen Since 2021
Moreover, in mid-February, Bitcoin's market capitalization exceeded the $1 trillion milestone for the first time in over two years. Since the beginning of the year, Bitcoin has seen a 34 percent increase, with significant gains occurring following the launch of the spot Bitcoin ETF in early January.
Dailyhunt Considering Acquisition of Microblogging Platform Koo: Report
Established in 2020, Koo is the brainchild of Aprameya Radhakrishna and Mayank Bidawatka, based in Bengaluru under the umbrella of Bombinate Technologies. Often likened to Elon Musk's X, Koo has gained traction as India's own microblogging platform.
Vodafone Idea Witness Sharp Decline in Share Prices Following Fundraising Announcement
The stock of Vodafone Idea was observed trading at Rs 13.98, reflecting a decrease of 11.91 percent on the Bombay Stock Exchange (BSE).
State Bank of India Forecasts India's Q3FY24 GDP Growth at 6.7-6.9%
The assessment derives support from the SBI Composite Leading Indicator (CLI) Index, a compilation of 41 leading indicators spanning various sectors, indicating a marginal moderation in economic activity during Q3.
Vodafone Idea's Ambitious Fundraising Strategy: Targeting Rs 45,000 Crore via Equity and Debt
Scheduled for April 2, Vodafone Idea will convene a shareholder meeting to seek approval for the proposed fundraise, with plans to conclude the equity fundraising in the ensuing quarter. Notably, the promoters have reaffirmed their commitment to participate in the equity infusion, as previously pledged.
Don't Miss
Advertisement