Netherlands

IHCL invests ₹220 crore in Netherlands subsidiary IHOCO BV for expansion

The country's biggest hospitality firm Indian Hotels Company Limited (IHCL) has announced a capital infusion of nearly Rs 220 crore into its wholly owned subsidiary IHOCO BV, based in the Netherlands. The investment amount will be used by IHOCO BV to further invest in its subsidiaries for repayment of debt and operational requirements, Tata Group-owned IHCL said in a late-night regulatory filing to the exchanges on Thursday. IHOCO BV, a wholly owned subsidiary of IHCL, is its apex holding company for overseas hospitality investments. It was incorporated on June 29, 1984. In a regulatory filing, IHCL said it has "infused USD 25 million as equity in its wholly owned subsidiary in the Netherlands, i.e. IHOCO BV. The investment amount will be used by IHOCO BV to further make investment in its subsidiaries, inter alia, for repayment of debt and operational requirements". The transaction involves a cash consideration of Rs 219.69 crore, which would be paid to IHOCO at a conversion rate o

Dutch SC to rule on govt appeal against ban on F-35 parts export to Israel

The Netherlands' highest court is ruling Friday on an appeal by the government against a ban on sending parts for F-35 fighter jets to Israel. The case was originally brought in late 2023 by three Dutch rights groups who argued that transferring the F-35 parts makes the Netherlands complicit in possible war crimes being committed by Israel in its war with Hamas. Israel denies committing war crimes in its campaign in Gaza. The district court in The Hague initially rejected the ban, but in February 2024 an appeals panel ordered the Dutch government to halt shipments of F-35 fighter jet parts to Israel, citing a clear risk of violations of international law. The government appealed to the Supreme Court, saying that foreign policy was a matter for the government, not courts. In November last year, a legal advisor to the Supreme Court issued a non-binding opinion that the government's appeal should be rejected. The Netherlands is home to one of three regional warehouses for US-owned F

Tata Steel eyes 6.5 billion euro agreement to cut emissions at Dutch plant

Regulators have threatened fines and the closing of one of the plant's coke facilities if Tata Steel fails to significantly reduce toxic emissions this year

Lupin to acquire VISUfarma BV for €190 mn to expand European eyecare reach

Lupin's unit Nanomi BV will acquire VISUfarma BV from GHO Capital for €190 mn, adding an eyecare portfolio across Europe and strengthening its ophthalmology franchise

EU pork faces anti-dumping duties up to 62.4% as China steps up tariffs

China has announced provisional anti-dumping duties on EU pork, ranging from 15.6 per cent to 62.4 per cent, hitting major exporters like Spain, Denmark, and the Netherlands

Bangladesh, Netherlands to play maiden bilateral series ahead of Asia Cup

The Dutch side is scheduled to arrive in Dhaka on August 26, following which they will head straight to Sylhet, where all three T20Is will be played

2 killed in Spanish wildfire as extreme heat wave hits parts of Europe

Europe's continuing heat wave on Wednesday helped fuel a deadly wildfire in Spain while the European Union presented plans to reduce greenhouse gas emissions under scorching temperatures. The blaze that broke out late on Tuesday created an enormous thick plume of ash and smoke that rose 14,000 metres into the sky, making it the largest registered by firefighters in Catalonia, a northeastern region of Spain. Two farmers were killed while apparently trying to flee in a vehicle, local authorities said Wednesday. Firefighters said that the fire spread at 28 kph (17 mph) at one point as it consumed 6,500 hectares (16,000 acres) mostly of grain fields. Wildfires today are not like they were before, Salvador Illa, the regional president of Catalonia, said. These are extremely dangerous. From the very first moment, it was considered to be beyond the capacity of extinction. I mean that not even with two or three times the number of firefighters, they have told me, it would have been possib

Tata Steel on track for green transition in UK, Netherlands: Chandrasekaran

Tata Steel is confident of completing its transition to green steel manufacturing in the UK and Netherlands as per schedule, the company's Chairman N Chandrasekaran said on Wednesday. He made the remarks while addressing the shareholders at the company's 118th Annual General Meeting (AGM). "...we remain confident that the transition to green steel making in the UK and the Netherlands will happen as per our plans, in the next few years," Chandrasekaran said. In the UK, the company has progressed toward low-emission steelmaking with the decommissioning of two blast furnaces at Port Talbot, paving the way to transition to state-of-the-art Electric Arc Furnace-based steelmaking by fiscal 2028, supported by 500 million pounds of UK government funding. In the Netherlands, the company is in discussions with the Dutch government for financial and policy-level support on our decarbonisation plan. Tata Steel has also launched a cost transformation programme, targeting savings of 500 million

Netherlands-based firm Prosus sees IPO upside in India as portfolio matures

With $6.5 billion in Indian assets, the Dutch firm eyes near-term returns from listings, including Urban Company and BlueStone, amid sustained tech investment

Hundreds protest in The Hague against Nato, days before it hosts summit

Hundreds of people have protested against NATO and military spending and against a possible conflict with Iran, two days before a summit of the alliance in The Hague that is seeking to increase allies' defense budgets. Let's invest in peace and sustainable energy, Belgian politician Jos d'Haese told the crowd at a park not far from the summit venue on Sunday. Although billed as a demonstration against NATO and the war in Gaza, protesters were joined by Iranians who held up banners saying No Iran War, the day after the United States launched attacks against three of Iran's nuclear sites. We are opposed to war. People want to live a peaceful life, said 74-year-old Hossein Hamadani, an Iranian who lives in the Netherlands. Look at the environment. Things are not good. So why do we spend money on war? he added. The Netherlands is hosting the annual meeting of the 32-nation alliance starting Tuesday, with leaders scheduled to meet Wednesday. The heads of government want to hammer out a

Massive security operation for Nato summit turns The Hague into a fortress

Locals, art lovers and diplomats like to meet over a meal and a drink in the historic Gastrobar Berlage behind a landmark art museum in The Hague. But the usual stream of visitors turned into a trickle when fences started rising outside as part of super-tight security around a meeting of NATO leaders that is smothering the Dutch city in a massive military and police operation called Orange Shield. Parts of the usually laid-back city, where NATO Secretary General Mark Rutte used to ride his bicycle to work while munching on an apple when he was prime minister of the Netherlands, are turning into a military fortress. It's dead, Berlage owner Bianca Veenhof said as she looked at an almost empty terrace at the start of what should have been Wednesday's lunchtime rush. Parking spots have been blocked off by freshly installed security fencing, workers in nearby offices have been told to stay home and public transit lines near the grounds have been diverted. The city that markets itself

Dutch govt recommends children under 15 stay off TikTok, Instagram

The Dutch government advised parents on Tuesday not to have children under 15 use social media platforms such as TikTok and Instagram, citing psychological and physical problems among children using them, including panic attacks, depression and difficulties sleeping. The Ministry of Health also encouraged parents to limit how long their children spend using electronic devices, keep phones and laptops out of bedrooms, and have 20 minutes of screentime followed by two hours of outside play. The advisory gives children the time to further develop digital resilience and media literacy, Vincent Karremans, caretaker deputy minister for youth and sport, said in a letter to parliament. Karremans is one of several ministers who remained on after the Dutch government collapsed earlier this month pending October elections. Both TikTok and Instagram require users to be at least 13 years of age. The guidelines, which are not legally binding, distinguish between social media sites like TikTok an

Dutch PM announces caretaker government after Wilders quits coalition

The development comes just weeks ahead of a planned NATO summit in The Hague and is expected to trigger snap elections in the Netherlands

Jaishankar thanks Dutch PM for his nation's firm stance against terrorism

External Affairs Minister S Jaishankar on Tuesday called on Dutch Prime Minister Dick Schoof and thanked him for the Netherlands' firm and resolute stance against terrorism. Jaishankar is here on the first leg of his three-nation trip that will also take him to Denmark and Germany. It is Jaishankar's first foreign visit after the four-day-long military confrontation between the Indian and Pakistani armed forces following the Pahalgam attack. "Delighted to call on PM Dick Schoof today in The Hague. Conveyed the warm greetings of PM @narendramodi and thanked him for the Netherlands' firm and resolute stance against terrorism," Jaishankar posted on X. "Appreciate his commitment to taking the India-Netherlands partnership to newer heights. Assured that our teams will work hard to achieve these goals," he posted. Schoof said he was happy to receive Jaishankar at the Catshuis, the official residence of the Prime Minister of the Netherlands. "First of all, I expressed my support for Ind

Close cooperation with India more vital than ever: Netherlands defence min

EAM Jaishankar arrived in the Netherlands early Monday (IST) to hold discussions with the country's leadership

Jaishankar lauds Netherlands' support on terrorism, boosts bilateral ties

Jaishankar expressed gratitude for the Netherlands' hospitality, noting his discussion with his counterpart on deepened bilateral ties between the two nations and pressing global issues

Jaishankar arrives in Netherlands on first leg of three-nation tour

External Affairs Minister S Jaishankar on Monday arrived in the Netherlands to hold discussions with the country's leadership to further boost bilateral ties. Jaishankar is here on the first leg of his three-nation trip that will also take him to Denmark and Germany. This is Jaishankar's first foreign visit after the four-day-long military confrontation between Indian and Pakistani armed forces. "EAM @DrSJaishankar arrived in the Netherlands on an official visit today. He was welcomed by Ambassador @ktuhinv and Gabriella Sancisi, Director, Protocol and Host Country Affairs Department, Ministry of Foreign Affairs. The visit will further boost the India-Netherlands ties," the Indian Embassy in the Hague posted on X. Jaishankar will meet the leadership of the three countries and hold discussions with his counterparts on the entire gamut of bilateral relations and regional and global matters of mutual interest. It is expected that Jaishankar will also apprise his counterparts in the .

Jaishankar begins visit to Germany, Denmark, Netherlands today: Details

S Jaishankar will visit Germany, Denmark and Netherlands from May 19-24, where he will brief leaders on Pahalgam attack, Operation Sindoor, and India's zero-tolerance stance on cross-border terrorism

Cost reduction, higher prices key monitorables for Tata Steel stock

Standalone blended realisation at Rs 60,591 per tonne was lower by 8.7 per cent YoY and 0.8 per cent QoQ

UN aviation body indicts Russia for 2014 downing of Malaysia Airlines MH17

The International Civil Aviation Organization held Russia accountable for the 2014 downing of Malaysia Airlines flight MH17, confirming its role in the tragic incident that killed 298 passengers