NEW DELHI: Jindal Steel International is seeking clarity from German authorities, with the proposed deal to acquire Thyssenkrupp Steel facing delays over pension-related issues, persons aware of the matter said. The talks remain active and the deal has not been abandoned, though certain legal and operational matters are yet to be resolved. Pension liabilities remain…
NEW DELHI: Amid disruption in supply chains, including inputs for medicines to glass, sulphur, solvents and polymers, industry has approached govt with multiple suggestions, ranging from relief in loans for small businesses staring at turning to non-performing assets due to lack of gas availability to operationalising a “green corridor” for goods flow to ports such…
OKX does not plan to rush into public markets in the U.S., even as the crypto exchange pushes deeper into global expansion and tokenized finance. “We will go public when we have confidence that we can give back shareholder value,” said Haider Rafique, the firm’s general manager and chief marketing officer, during a conversation at…
TOI correspondent from London: The judges who ruled against fugitive jeweller Nirav Modi’s attempt to reopen his appeal against extradition said their judgment “presents a worrying picture of the use of proscribed treatment to obtain confessions, which was characterised as ‘commonplace and endemic’”.Lord Justice Stuart-Smith and Justice Jay said in their order: “Were it not…
SRINAGAR: Ulfat Bano collects around 25 letters from the district post office in south Kashmir’s Shopian every morning and sets out on foot. There is no postal van to hop onto or a bicycle she can use if weariness strikes.The 55-year-old trudges through her native village of Hirapora, past stone walls and wooden barns with…
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Bitcoin BTC$68,416.23 slipped below $69,000 on Thursday as a broader pullback in risk assets gathered pace, with early optimism around Iran-U.S. peace and easing Middle East tensions fading. The largest crypto lost more than 3% from its overnight high above $71,000, while major altcoins ether (ETH), XRP (XRP), Solana’s SOL (SOL) and Cardano’s ADA (ADA)…
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Siddaramaiah with DKS (File photo) NEW DELHI: The Karnataka government’s growing expenditure on welfare schemes has placed pressure on its finances, forcing cuts in some ongoing programmes, the Comptroller & Auditor General (CAG) said in its report for the 2024-25 fiscal, tabled in the Assembly on Thursday. Guarantee schemes consume significant revenue The CAG noted…
