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The company had planned to invest up to $500 million in Uruguay, but cited high energy prices and regulatory hurdles as reasons for its pullout. Source link
Car Repairs Delayed? Oman Now Forces Insurers to Pay You Cash for Every Extra Day In a significant shake-up of Oman’s motor insurance landscape, the Financial Services Authority (FSA) has introduced sweeping reforms that now mandate compensation from insurers if car repairs aren’t completed on time, a first in the Gulf region and a major…
NEW DELHI: Supreme Court on Monday slammed the Uttarakhand govt for being a silent spectator for two decades to rampant encroachment of forest land in Rishikesh, which was allotted in 1950 to Gandhian Mira Behn by the then UP govt, and said it smacked of nexus between the executive and squatters. The court also sought…
NEW DELHI: Diesel sales jumped to six-month high in Nov as the cut in GST (goods and services tax) rates boosted festive season demand, leading to increased industrial and commercial activities, industry data showed on Monday.Diesel consumption, an indicator of economic activities, rose 4.7% to 8.5 million tonnes during the month, posting the highest gain…
Strategy founder Michael Saylor has revealed the firm plans to convert its $6 billion in bond debt into equity — a move that reduces debt on the balance sheet. “Strategy can withstand a drawdown in BTC price to $8,000 and still have sufficient assets to fully cover our debt,” stated the firm on X on…
RedotPay, a Hong Kong-based stablecoin payments startup, is facing internal strain and executive turnover as it seeks up to $150 million in fresh funding and works toward a U.S. IPO that could value the company at more than $4 billion. Those ambitions are being clouded by executive turnover. At least five senior hires left within…
India has shown that rapid economic expansion and social inclusion can progress in tandem, with its development approach now shaping global learning, UNDP’s Acting Administrator Haoliang Xu has said, according to PTI. Calling India’s growth story a mix of technology-driven delivery, participatory governance and resilient climate action, Xu said the country offers “a blueprint for…
Hatsun Agro Product has reported an unusual corporate governance lapse after draft, unaudited financial details for the December 2025 quarter were mistakenly shared on a senior executive’s personal WhatsApp status.In a regulatory filing, the dairy products maker said one of its key managerial personnel accidentally uploaded a “first-cut draft” of the company’s unaudited financial statements…
