Govt set to miss target for divestment in 2023-24 too

The Centre is set to miss its privatisation target for state-run companies this year due to stalled progress and limited appetite before elections. Roadblocks, including bureaucratic sloth, have hindered the process, affecting big-ticket enterprises like IDBI Bank. Stake sales in state-run banks and an insurance company recommended for privatisation by NITI Aayog have not moved forward. The privatisation of Pawan Hans has been scrapped, and the large public sector policy has not taken off. The disinvestment process is now awaiting the new government for a fresh start.

December 22, 2023 at 01:41AM

from Times of India

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Baloch activists protesting against ‘extra-judicial killings’ arrested

Baloch nationalists protesting against extrajudicial killings and enforced disappearances in Balochistan were arrested and blocked from entering Islamabad. The police used water cannons and tear gas on the demonstrators and took women protestors to women police stations. The protesters had reached Islamabad after a long march from Turbat district. The police blamed the protesters for creating law and order problems. The Human Rights Commission of Pakistan condemned the violent police crackdown and demanded the unconditional release of all detainees.

December 22, 2023 at 12:40AM

from Times of India

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No, Zomato is not making $2bn acquisition, what CEO Goyal has to say

Zomato denies reports of acquisition offer for Shiprocket by Bloomberg.

December 21, 2023 at 11:52PM

from Times of India

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Pandemic puppies power pet care business boom

Lockdown loneliness during the pandemic has led to a surge in pet parenting in nuclear families, resulting in the rapid growth of India's pet care industry. Pet adoption has increased across metros as well as tier-2 and -3 cities, driven by factors such as rising disposable incomes, changing lifestyles, and increased knowledge of the benefits of pet ownership. Furthermore, the increasing number of Gen Z and millennial pet owners has fueled the demand for innovative and high-quality pet care solutions. This trend is expected to continue, with the pet population in India projected to grow at a CAGR of 9.2% between 2022 and 2027.

December 21, 2023 at 12:53AM

from Times of India

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Indian Sikh student found dead, UK cops and family denies report

The family of an Indian Sikh student who has gone missing in London have denied media reports that he is dead and say they are still anxiously looking for him. TOI spoke to the India-based brother of Gurashman Singh Bhatia, 23, known as Ashman Singh, who has been missing since his birthday celebration on Friday night. He and his mother are anxiously waiting in Model Town, Jalandhar, whilst Bhatia’s father has arrived in London and is searching for his beloved son with the help of a relative in the UK.

December 21, 2023 at 12:19AM

from Times of India

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49 more LS MPs suspended, 141 oppn members out of Parliament

49 more Lok Sabha MPs were suspended for disrupting proceedings, reducing the opposition's strength in the lower House by two-thirds. So far, 141 opposition MPs have been suspended. Congress chief Mallikarjun Kharge said a 'complete purge' was being executed to ensure the passage of 'draconian bills' without debate. The MPs suspended on Tuesday included Farooq Abdullah, Shashi Tharoor, Manish Tewari, Karti Chidambaram, Dimple Yadav, Supriya Sule, S Jagathrakshakan, DNV Senthil Kumar, Giridhari Yadav, Danish Ali, and Sushil Kumar Rinku.

December 20, 2023 at 01:04AM

from Times of India

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2nd ODI: De Zorzi ton guides SA to 8-wicket win over India

Left-handed opener Tony de Zorzi scored a career-best unbeaten 119 from 122 balls to lead South Africa to an emphatic eight-wicket win over India in the second ODI at St George’s Park on Tuesday and level the three-match series at 1-1. South Africa won the toss and sent India into bat, restricting the visitors to 211 all out in 46.2 overs on a wicket that was not easy to score on. They chased down their target with 45 deliveries remaining to set up a series decider in Paarl on Thursday.

December 19, 2023 at 11:42PM

from Times of India

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JSW group companies say FIR against Sajjan Jindal has no impact

December 19, 2023 at 01:15AM

from Times of India

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Noise set to make more 'noise' as Bose invests in the company

US-based audio equipment maker Bose has acquired a minority stake in Indian wearables startup Noise as part of Noise's Series A round. Noise, which holds the second position in the overall wearables segment, aims to raise more funds. The investment figure and the quantum of stake acquired by Bose remain undisclosed. Nicholas Smith, senior vice president of strategy and business development at Bose, expressed excitement about collaborating with Noise and bringing new products to the growing market.

December 18, 2023 at 09:48PM

from Times of India

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PM Modi highlights Kashi-Tamil Nadu creative bond

PM Narendra Modi dismissed on Sunday attempts to create a north-south divide narrative after BJP's recent victories in assembly elections in three Hindi heartland states, emphasising the deep emotional and creative bond between Kashi and Tamil Nadu, rooted in spiritual beliefs that define India as a nation. In an address at the second edition of Kashi Tamil Sangamam in Namo Ghat of Varanasi, PM Modi stressed the unity brought about by saints like Adi Shankaracharya and Ramanujacharya, who, through their travels and pilgrimages to Kashi, have contributed to India's enduring identity.

December 18, 2023 at 02:23AM

from Times of India

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