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Proxy advisory firm flags ‘crisis’ at Zee Ent, co rejects claims

MUMBAI: Shareholder advisory firm InGovern has turned up the heat on Zee Entertainment Enterprises, calling for the appointment of a professional managing director, a forensic audit of related-party transactions, and other governance reforms. InGovern said Zee is witnessing a deepening crisis of confidence, with promoters exercising substantial operational control despite holding a stagnant equity stake…

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‘Historically new level’: US cuts tariffs on Bangladeshi goods to 19% under new trade deal

The United States and Bangladesh on Monday reached an Agreement on Reciprocal Trade as both sides seek to deepen their “bilateral economic relationship”. Under the arrangement, Bangladesh’s exports to the American market will face a 19% tariff, slightly below the earlier rate of 20%. The signing brought together US trade representative Jamieson Greer and Bangladesh’s…

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Morgan Stanley backs Cipher (CIFR) and TeraWulf (WULF), but is cool on Marathon (MARA)

Morgan Stanley initiated coverage of three publicly traded bitcoin BTC$70,334.95 mining companies on Monday, backing two names tied to data center leasing while taking a more cautious stance on a miner focused on bitcoin exposure. Analyst Stephen Byrd and his team started coverage of Cipher Mining (CIFR) and TeraWulf (WULF) with Overweight ratings and set…

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Oil strategy guided by national interest: Foreign secretary Vikram Misri | India News

NEW DELHI: The government on Monday said that India’s oil sourcing strategy will be guided by national interest and it will not depend on any single country for its needs, while highlighting that actual purchases are done by petroleum companies, with decisions dependent on market conditions, availability, pricing and risk assessment. The comments by foreign…

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New Tamil Nadu plant to power JLR’s ambitions in India

CHENNAI: Strengthening India’s capabilities in premium vehicle manufacturing, Tata Motors Passenger Vehicles and its subsidiary Jaguar Land Rover Automotive Plc (JLR) have inaugurated a new greenfield facility at Panapakkam in Tamil Nadu. Located about 80km from Chennai, the plant is expected to emerge as a key assembly hub for JLR, which currently assembles its vehicles…

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Industry split, govt reviews import policy on refurbished med devices

NEW DELHI: As India pushes ahead with bilateral trade agreements, the issue of importing refurbished medical equipment has emerged as a contentious flashpoint in the medical devices sector. Domestic players have warned against easing restrictions, flagging patient safety risks and concerns over unfair competition, while MNCs are advocating a globally-aligned framework to allow wider access…

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