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BENGALURU: Ravi K has assumed charge as chairman and managing director (CMD) of defence PSU Hindustan Aeronautics Limited (HAL), becoming the company’s 22nd CMD. He takes over from DK Sunil, who superannuated on April 30.Ravi K was previously director (operations) at HAL, where he was involved in strategic planning. He has more than 30 years…
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The Ethereum Foundation has sold another 10,000 ether (ETH) in an over-the-counter deal to Tom Lee’s BitMine (BMNR), continuing a string of treasury sales this year. In a post on X on Friday, the organization said it finalized the sale at an average price of $2,292.15 per token, implying proceeds of roughly $22.9 million. The…
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US President Donald Trump said the United States will raise tariffs on cars and trucks imported from the European Union to 25 per cent next week, claiming the bloc was not complying with a previously agreed trade deal.“I am pleased to announce that, based on the fact the European Union is not complying with our…
