Page 51 - Europe

Three TCPL shares for every 10 of Tata Coffee, merger in 12-14 months

The merger of Tata Coffee Ltd with Tata Consumer Products Ltd (TCPL) will be completed in 12-14 months and the companies are in the early stages of filing the regulatory process, an official said. Tata Coffee Ltd officials do not foresee any roadblocks in the process of merger. "It would take about 12 to 14 months. So that's what the timeline is," Tata Coffee Ltd ED & CFO K Venkataramanan told analysts at an investors meet. TCPL has announced the merger of all businesses of Tata Coffee with itself or its subsidiaries as part of a reorganisation plan in line with its strategic priority of unlocking synergies and efficiencies. Under the scheme, shareholders of Tata Coffee will receive an aggregate of 3 equity shares of TCPL for every 10 equity shares held by them. Speaking about the demand scenario under the ongoing geopolitical crisis, the management said that the demand remains firm, even for Russia and Europe. "Tata Coffee have got a healthy order book and customers are asking .

India calls for end to conflict in Ukraine ahead of PM Modi's Europe trip

On his first trip abroad this year, Modi will embark on a three-day visit to Germany, Denmark and France beginning Monday amid the ongoing crisis in Ukraine

Trade Unions take out May Day rallies across Europe to honour workers

In France, the May Day rallies are meant to show Macron the opposition he could face in his second five-year term and to power up against his centrists before June legislative elections

Europe needs 56 bn cubic mt gas to fill 90% storage facilities: Gazprom

Gas reserves in the underground storage facilities in Europe were replenished by 6.9 billion cubic meters as of April 29, Russia's Gazprom said

Azerbaijan to increase natural gas supplies to Europe by 30% in 2022

Azerbaijan exported 2.6 bcm of natural gas to Europe in the first quarter of 2022

Inflation hits record high of 7.4% in 19 countries using euro: Eurostat

Annual inflation hit 7.5% for April, the highest since statistics started in 1997 and the sixth record in a row, topping the old record of 7.4% from March

New gas pipeline boosts Europe's bid to ease Russian supply

The pipeline connection will give the country access to ports in neighbouring Greece that are importing liquefied natural gas, or LNG

The march of folly

India should work for an alliance of like-minded neutral states to restrain the adversaries in the new Cold War

Survivors unite to deliver message on Israel's Holocaust remembrance day

The call to action these survivors put forth today is not only one of remembrance, but one of action, a reminder that we do not have to be bystanders

South Korea to divert gas supplies to Europe over Russia-Ukraine conflict

Concerns have grown over natural gas supply disruptions in Europe amid the ongoing crisis surrounding Ukraine, as Russia is the biggest provider of gas to Europe, reports Yonhap News agency

Europe decries 'blackmail' as Russia shuts off gas to Poland and Bulgaria

Russia's Gazprom halted gas supplies to Poland and Bulgaria on Wednesday over their failure to pay in roubles, cranking up an economic war with Europe

Russia warns it may cut natural gas supplies to other EU countries

Kremlin spokesperson Dmitry Peskov has warned that other European Union customers may be cut off from Russian natural gas supplies if they refuse to pay in rouble, a report said

Ukraine war 'wake-up' call for Europe to look at developments in Asia: EAM

"You spoke about Ukraine. I remember, less than a year ago, what happened in Afghanistan where an entire civil society was thrown under the bus by the world," EAM S Jaishankar said

To Europe's relief, France's Emmanuel Macron wins but far-right gains

A chorus of European leaders hailed Macron's victory, since France has played a leading role in international efforts to punish Russia with sanctions and is supplying weapons to Ukraine

Google introduces 'reject all' button for tracking cookies in UK, Europe

After facing fines from European consumer and market regulators, Google has introduced an equal "Reject all" and "Accept all" buttons for tracking cookies on its platforms.

Whom does France deserve as president?

Could Mr Macron become the first French president to win a second term after Jacques Chirac?

European Commission President calls for swift weapon supplies to Kyiv

European Commission President Ursula von der Leyen is calling on EU countries to supply Ukraine with more weapons as soon as possible, amid Russia's ongoing special military operation.

Putin's ruble standoff with Europe risks triggering de facto gas embargo

If Russia follows through on its threat to cut off gas supplies to buyers that don't comply, it poses a serious threat for the EU, which gets 40% of its gas from Russia.

German gas reserves can last until late summer, says regulator

Mueller told Die Zeit reports of atrocities would increase pressure on EU to ban Russian gas imports, which would force Germany to ration energy - a prospect he said was underestimated by many Germans

Highest fuel prices in Europe recorded in Netherlands, Denmark, Germany

Fuel costs are the lowest in Poland