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Ukraine peace deal near but Russia demands major changes, says US envoy

Zelenskiy said on Saturday that he had had a long and 'substantive' phone call with Witkoff and Kushner. The Kremlin has said it expects Kushner to be doing the main work on drafting a possible deal

Goa orders probe after nightclub fire kills 25, leaves several injured

Police were alerted to the blaze at the Birch by Romeo Lane club at 12:04 am (1834 GMT on Saturday), Goa's police chief told the ANI news agency

No new coal power capacity beyond 2035, says power ministry secretary

India this year proposed increasing its coal power capacity by 46% from the current 210 GW while doubling its non-fossil fuel capacity of 500 GW by 2030

Centre denies issuing advisory to halt new clean energy financing

The clean energy ministry's letter rattled solar manufacturers in the country, with many raising concerns that the move could choke financing for the entire sector

Trump's equity stake plan doesn't apply to big US defence firms: Boeing

Govt wants industry to make investments in facilities, and large contractors are expected be able to do this, Steve Parker, Chief Executive Officer of Boeing Defense, Space & Security said

DGCA issues show cause notice to IndiGo CEO Elbers on flight disruptions

As the CEO "you have failed in your duty to ensure timely arrangements for conduct of reliable operations," said the notice

What are India's pilot safety rules that hit IndiGo operations, air travel?

The new regulations, first proposed in early 2024, were implemented in two phases this year, with the latest implementation date of November 1

Advent's $1 bn deal talks for Whirlpool India collapse due to disagreements

Advent had emerged as the frontrunner to acquire a 31 per cent stake in Whirlpool of India from Whirlpool Corp, which would have triggered a mandatory open offer to acquire a majority stake

Biocon to make Biocon Biologics a wholly owned subsidiary in $5.5 bn deal

Biocon Biologics Chief Executive Shreehas Tambe will become CEO and managing director of the combined entity post-integration

ICICI Prudential AMC to launch IPO on Dec 12 as Prudential sells 10% stake

Prudential will sell up to 49 million shares in the IPO, compared with an earlier plan of 17.7 million shares, ICICI Prudential said in a filing late on Friday

India cautions lenders on financing new solar module units amid oversupply

Several Indian companies have expanded solar module capacity over the past three years, targeting exports to the United States

US advisers scrap hepatitis B vaccine recommendation for most children

For infants of mothers who test negative, the panel recommended that parents, in consultation with a healthcare provider, should decide when or if their child will begin the vaccine series

New York Times sues Perplexity AI for 'illegal' copying of content

The Times also claimed that the startup's generative AI products created fabricated content

Apple, Google issue fresh global alerts over state-backed cyber threats

Apple and the Alphabet-owned Google are two of several tech companies that regularly issue warnings to users when they determine they may have been targeted by state-backed hackers

Netflix in exclusive talks to buy Warner Bros Discovery assets at $28/share

Netflix is aggressively diversifying beyond its core subscription model to drive new revenue streams

Healthify seeks more weight-loss drug partnerships after Novo Nordisk deal

The deal marks Healthify's first such partnership with a drugmaker, and it hopes similar agreements will boost its paid subscriber base

IOC, BPCL buy sanctions-free Russian oil for January amid wider discounts

India's top refiner, IOC, has also bought some cargoes of Russian oil for January loading, they said

World food prices drop for third month in November, says UN's FAO

Global food prices fell for a third straight month in November, driven by declines in sugar, dairy and oil - though cereals bucked the trend with a modest rise

Amazon pays Italy 180 mn euros to end tax fraud, labour practices probe

In July 2024 the group's logistics services unit was accused of circumventing labour and tax laws

Centre wants greater phone-location surveillance, top phonemakers protest

A measure to track device-level location has no precedent anywhere else in the world, lobbying group India Cellular & Electronics Association (ICEA), which represents both Apple and Google said