Page 259 - Latest News
Netflix Chairman Reed Hastings to step down from board of directors in June
Hastings had served as Netflix's CEO for more than 20 years until 2023 after taking over the role from his friend and fellow company co-founder Marc Randolph in the late 1990s
 "Netflix Chairman Reed Hastings to step down from board of directors in June")
Avaada Electro gets Sebi approval to raise ₹9,000-10,000 crore via IPO
Besides Avaada Electro, textile firm Sonaselection India and Chennai-based Grand Housing have also received Sebi's approval to float their maiden public issues
 "Avaada Electro gets Sebi approval to raise ₹9,000-10,000 crore via IPO")
JSW Steel board approves proposal to sign pact with POSCO for joint venture
The proposed joint venture would set up a greenfield 6 MTPA integrated steel plant in Odisha, the company said
 "JSW Steel board approves proposal to sign pact with POSCO for joint venture")
UltraTech now world's largest outside China, plans ₹16K crore capex
Aditya Birla Group firm crosses 200 mtpa capacity milestone, outlines Rs 16,000 crore investment plan to expand capacity to 240 mtpa by FY28
 "UltraTech now world's largest outside China, plans ₹16K crore capex")
Shipping firms seek clarifications before crossing Strait of Hormuz
Iran says that the Strait of Hormuz was open to all commercial vessels during a 10-day Lebanon ceasefire accord
 "Shipping firms seek clarifications before crossing Strait of Hormuz")
US to delay weapons deliveries to some Euro nations due to Iran war: Report
The delays underline the degree to which the war against Iran, which began with U.S.-Israeli air strikes on February 28, has begun to stretch U.S. supplies of some critical weaponry and ammunition
 "US to delay weapons deliveries to some Euro nations due to Iran war: Report")
Iran says Strait of Hormuz open to all commercial vessels during ceasefire
The announcement's impact was almost immediately reflected in global crude prices, which crashed by almost 9%
 "Iran says Strait of Hormuz open to all commercial vessels during ceasefire")
Nefarious attempt to link delimitation to quota decisively defeated: Cong
The opposition party said the defeat also calls into question the legitimacy of "the non-biological, non-grihasthi PM"
 "Nefarious attempt to link delimitation to quota decisively defeated: Cong")
Nari Shakti Amendment Bill fails two-thirds vote test, defeated in Lok Sabha
Out of 489 members present, 278 voted in favour, while 211 voted against the proposed amendment
 "Nari Shakti Amendment Bill fails two-thirds vote test, defeated in Lok Sabha")
Opposition is not against quota law, but against women's reservation: Shah
The home minister said the Constitution provides for periodic delimitation and that includes provisions for increasing the SC and ST seats in proportion to their growing population
 "Opposition is not against quota law, but against women's reservation: Shah")
Vedanta was never formally declared as highest bidder for JAL: RP to NCLAT
Resolution professional counters Vedanta's claims in appellate tribunal, says email cited by firm did not amount to formal declaration of highest bid
 "Vedanta was never formally declared as highest bidder for JAL: RP to NCLAT")
SC lays down measures to curb illegal mining in Chambal sanctuary
Top court orders CCTV monitoring, GPS tracking and strict enforcement steps, warning of mining ban and paramilitary deployment if states fail to curb illegal extraction
 "SC lays down measures to curb illegal mining in Chambal sanctuary")
Parliamentary panel flags policy, capacity gaps in offshore mining push
Govt annulled first auction of 13 offshore mineral blocks after muted investor response last December
 "Parliamentary panel flags policy, capacity gaps in offshore mining push")
Indian banks' credit portfolio resilient amid West Asia conflict: CRISIL
Domestic lenders likely to see GNPAs at 2-2.2% in FY27, with MSME segment facing some pressure while corporate and retail portfolios remain stable
 "Indian banks' credit portfolio resilient amid West Asia conflict: CRISIL")
Angel One bears ₹19 crore loss over MCX trading disruption compensation
Brokerage compensates clients for losses from MCX outage, citing goodwill gesture to protect relationships despite the issue originating at the exchange
 "Angel One bears ₹19 crore loss over MCX trading disruption compensation")
PNGRB says LPG pipeline expansion plan to attract ₹12,500 crore investment
Regulator invites bids for LPG pipeline projects to reduce bulk road transport, improve efficiency and support cleaner energy distribution
 "PNGRB says LPG pipeline expansion plan to attract ₹12,500 crore investment")
ISMA opposes cut in flex fuel vehicle incentives in CAFE-3 norms
CAFE norms, overseen by the Bureau of Energy Efficiency (BEE), require carmakers to keep the average carbon emissions of their fleet within a prescribed limit per year
 "ISMA opposes cut in flex fuel vehicle incentives in CAFE-3 norms")
Delimitation, UT quota Bills put on hold after women's quota Bill loss
"Opposition loses historic opportunity to honour women," Union Minister Kiren Rijiju said after the Constitution Amendment Bill was defeated in the Lok Sabha
 "Delimitation, UT quota Bills put on hold after women's quota Bill loss")
Maersk leases 1.93 lakh sq ft office space in Pune at ₹1.45 crore rent
Global logistics firm takes office space in Kharadi at Rs 1.45 crore monthly rent, indicating relocation of its existing Pune operations
 "Maersk leases 1.93 lakh sq ft office space in Pune at ₹1.45 crore rent")
Govt drops proposal to mandate national ID app Aadhaar on smartphones
The IT ministry held a "consultation with stakeholders from the electronics industry" before reaching its decision to drop the Aadhaar preloading proposal, UIDAI said in its statement
 "Govt drops proposal to mandate national ID app Aadhaar on smartphones")