Business Standard's opinion pages this week focused on the United Kingdom's PM Liz Truss, regional inequality, India's Human Development Index, and much more

BS Views of the week: Liz Truss, regional inequality, HDI, and more

Max Healthcare is on an expansion spree planning to add 3500 beds in 3 yrs

The National Company Law Tribunal has dismissed the petition by Philips India to buy out the remaining 3.87 per cent from its minority shareholders, observing a "huge difference" between values determined by the company-appointed valuer and its minority investors.
The Kolkata bench of NCLT though agreed with the "discounted cash flow method" adopted by the valuers appointed by Philips India and its minority shareholders but pointed out a "huge difference" between the price of the share determined by them.
"While petitioner (Philips India) appointed valuer has valued it at Rs 740 per share, the respondent (minority shareholders) appointed valuer has valued in excess of Rs 4,500, by suggesting a range between Rs 4,605 to Rs 6,119," it said.
The tribunal suggested that the situation may require a direction to the registered valuer to disclose the parameters factored while determining the price under the discounted cash flow method to reconcile two vastly different prices determined by 

The NCLT direction came over a petition by Philips India, filed under section 66 of the Companies Act 2013, which deals with the procedure for a company to reduce its share capital

The Samsung Galaxy A14 5G will have its price reduced by up to Rs 9,000. Bank discounts are also available on the smartphone

WhatsApp users can now browse seven categories to discover channels to follow. The update is being rolled out globally and will be available to all users in the coming days

Union Home Minister Amit Shah on Friday criticised the JMM-led government in Jharkhand for "vote bank" politics and vowed if the BJP comes to power, it would chase "each" illegal immigrant out of the state.
He promised Rs 10 lakh free health cover to poor people aged 75 and above in the state.
Shah claimed that the ruling JMM was "patronising infiltration" for "vote bank" and the tribal population in Santhal Pargana reduced to 28 per cent from 44 per cent earlier.
"Infiltrators are vote banks of RJD, Congress and JMM. I promise to drive out illegal immigrants. The time has come to show the corrupt JMM-dispensation exit door...We want to change Jharkhand," Shah said at a rally after flagging off BJP's 'Parivartan Yatra' from Police Line Ground in Sahibganj.
He urged people to choose a government which would chase out the illegal immigrants and not the one who patronises them.
"The Hemant Soren government is indulged in 'ghuspathiya kalyan' (infiltrators welfare) instead of public .

With an eye on the assembly elections, the opposition BJP would launch six 'Parivartan' processions to reach out to the people and 'expose the failures' of the JMM-led government in Jharkhand

The Namami Gange has reinforced its partnership with several national and international organisations to address the pressing issue of plastic waste in the Ganga Basin, a senior official has said.
In a recent meeting, the National Mission for Clean Ganga (NMCG) met representatives from the Netherlands Embassy, Ocean Cleanup, Bharat Clean Rivers Foundation, Central Pollution Control Board, IIT Delhi, National Institute of Urban Affairs and State Mission for Clean Ganga, the official said.
The meeting focused on addressing the issue of plastic pollution in the Ganga Basin, he said.
Plastic waste remains a critical factor in the degradation of water quality and poses a major threat to biodiversity in the region. The collaborative discussion underscored the shared commitment to finding robust solutions to this growing challenge, he said.
During the meeting, Dr A K Vidyarthi from the Central Pollution Control Board (CPCB) stressed the need for collective action to tackle the plastic ...

Namami Gange is looking forward to continued cooperation with its partners to ensure sustainability and cleanliness of Ganga Basin to bolster its efforts in combating plastic pollution, official said

Hema Bajaj, Ruhie Pande, Amit Das, and Suryanarayan G Iyer speak with Business Standard's Nivedita Mookerji on Budget 2024's apprenticeship programme at BSmart HR Conclave

Understandable if govt decided not to bear exchange and capital appreciation risks on SGBs anymore, but this would be a pity for investors who would no longer have this option to balance portfolios

Russia-Ukraine War

The year 2022 is coming to an end and a lot has happened that shaped the world in the year. Let's have a look at some of these significant events

Google Messages

In January, Google rolled out end-to-end encryption in group chats for messages app users enrolled in the beta programme

Blend launches Blend Studio: AI tool for ecommerce photography

New Delhi [India], March 16 (ANI/PNN): Blend, an AI-powered design and photography application for DTC brands and ecommerce sellers, recently launched Blend Studio - the Chat GPT for product photos.

Celebrity and Travel Photographer Rahul Lokare from Flamingo Productions creates waves of change in the world of photography.

Xiaomi 13 Pro

Priced at Rs 79,999 for the 12GB RAM and 256GB on-board storage, the Xiaomi 13 Pro offers a novel imaging experience on top of a premium package

BS Views of the week: Liz Truss, regional inequality, HDI, and more

Business Standard's opinion pages this week focused on the United Kingdom's PM Liz Truss, regional inequality, India's Human Development Index, and much more

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