MUMBAI : UK’s Prudential plc has doubled down on its India plans, with the British insurer agreeing to acquire a 75% stake in Bharti Life Insurance from Bharti Life Ventures and 360 ONE Asset Management for an initial cash consideration of Rs 3,500 crore. The transaction will hand Prudential both majority ownership and operational control,…
The military government of Myanmar released the text of a bill aimed at combating online fraudsters, with several penalties related to cryptocurrencies and scam centers. According to the text of the Anti-Online Fraud Bill, made public on Thursday, Myanmar’s parliament, the Pyidaungsu Hluttaw, proposed the law in response to online fraud in the country, which…
NEW DELHI: Amid concerns among students over possible loss of marks due to the use of On-Screen Marking (OSM) for evaluating Class XII examinations, Central Board of Secondary Education (CBSE) on Sunday sharply reduced the fees for obtaining answer sheets, verification and re-evaluation, even as it defended the digital evaluation system as a globally accepted…
NEW DELHI: PM Narendra Modi’s visit to the Netherlands ended Sunday with 17 outcomes in all, including agreements on migration and mobility, green hydrogen and defence cooperation.Along with the war in Ukraine, Modi and Dutch PM Rob Jetten also discussed the situation in West Asia, calling for freedom of navigation and global flow of commerce…
Bitwise Asset Management has launched a US-listed investment product tied to Hyperliquid, offering investors spot exposure to the token and staking rewards linked to the decentralized derivatives platform. The fund, trading under the ticker BHYP on the New York Stock Exchange, is the second US-listed Hyperliquid product to launch this week. Bitwise said the fund…
NEW DELHI: Ministry of external affairs on Sunday expressed deep concern after Iranian strikes targeted the Barakah nuclear facility in the United Arab Emirates, calling the attack a “dangerous escalation” amid rising tensions in the Gulf.“India is deeply concerned at the attack targeting the Barakah nuclear facility in the UAE. Such actions are unacceptable and…
World Health Organization Sunday declared the Ebola outbreak in Congo and Uganda a Public Health Emergency of International Concern (PHEIC) NEW DELHI: As World Health Organization Sunday declared the Ebola outbreak in Congo and Uganda a Public Health Emergency of International Concern (PHEIC), Indian health experts said there is no reason for panic as Ebola…
Bernstein analysts said Friday that Figure Technology Solutions’ first-quarter earnings report shows that the fintech is fast becoming a company that is unique among blockchain marketplaces. Figure’s May 11 earnings report soundly beat Wall Street estimates on both revenue and EBITDA, with a business that seeks to turn real-world credit assets into blockchain-native instruments that…
Dutch PM Rob Jetten pressed India for the return of a young girl who was allegedly abducted by her father in 2016, when she was two years old, from Amsterdam and brought to India.“We also spoke about the case regarding the abduction of Insiya to India by her father,” said Jetten on X after his…
Seeking relief: Onion growers want an MSP of Rs 3,500/quintal and a Rs 1,500-a-quintal compensation for distress sales Rain clouds rolled over Maharashtra’s onion belt. Then came war winds from West Asia. Prices collapsed. Crops rotted. Farmers counted losses in rupees — and sold tears by the quintal. Across Nashik, Solapur and Chhatrapati Sambhajinagar, onion…
