Rs 53k crore IDBI stake sale with LIC takes government past selloff target

Spread the love       NEW DELHI: Govt and LIC will sell a combined 60.7% in IDBI Bank for Rs 52,878 crore to an arm of Fairfax Financial Holdings, which is controlled by Canadian billionaire Prem Watsa, that will result in the largest-ever financial sector FDI in the country. The transaction will help govt scale the disinvestment and asset monetisation target of...

Couple sold luxury belongings for $1,500 van; fruit-tree business now makes $4m

Spread the love       (left)Vicky Popat and (Right)Mickey Popat. Image Credit: PlantOGram/Entrepreneur Mickey and Vicky Popat turned a shared love of gardening into PlantOGram, a fruit-tree gifting company that generated $4.2 million in annual revenue in 2024. The Florida-based couple began with a modest investment, selling their luxury belongings to purchase a used van and take their business idea forward. What...

ATC software glitch behind Air India false hijack scare? Probe on

Spread the love       NEW DELHI: A false hijack alert created a real scare for security agencies and the 306 people on board Air India’s Frankfurt-Delhi flight on Wednesday, with the Boeing 787 getting diverted to Jaipur as a result where everyone had to wait for hours before they could fly to their destination. It is reliably learnt pilots operating the...

After Musk’s Ambani meltdown, Rubio to visit Reliance refinery

Spread the love       File photo: US secretary of state Marco Rubio is set to visit Mumbai and Jamnagar from October 17-22 US Secretary of State Marco Rubio will travel next week to Mumbai and Gujarat’s refinery hub Jamnagar, announced the State Department. The brief stopover in Jamnagar, which will see him touring the Reliance oil refinery, is being seen through...

Researchers equip giant cockroaches with medical backpacks to deliver life-saving aid

Spread the love       Image credit: X (Twitter) ​Giant cockroaches could help rescue survivors after disasters. Researchers in Australia are developing cyborg-like insects equipped with miniature backpacks containing cameras, electronics and syringe systems designed to deliver emergency medication. The technology aims to help search-and-rescue teams locate injured people trapped beneath rubble and provide medical assistance when direct access is difficult.​Called “paraborgs,”...

New Zealand couple turned abandoned school into home; now asks over NZ$595,000

Spread the love       Pic credit:TRADE ME For years, an old school sat quietly on the edge of Tokanui, a small township in Southland. Then Ian ‘Hippy’ Rogers and his wife, Sue, arrived. They took one look at the school and saw something most people didn’t. The couple knew the neglected property had the potential to become a home.The school at...

London buyer paid £45 for junk-shop painting; it later sold for up to $15m

Spread the love       The painting, created in July 1885, is known in French as Paysanne devant une chaumière. Simon C. Dickinson photo A painting bought for just £45 from a London junk shop in 1968 went on to become a multimillion-euro artwork after experts confirmed that it was an original by Dutch painter Vincent van Gogh. The painting, titled Peasant...

‘Shocked’: Odisha governor’s ‘will work for BJP’ remark sparks political row

Spread the love       The BJD shared a PTI video in which Ram was heard speaking about his plans after taking charge as governor. Reacting to the remarks, the party said it was shocked and accused him of undermining the principle that a governor must remain above party politics. NEW DELHI: Odisha’s newly appointed Governor Braj Mohan Ram has triggered a...

Albania anti-govt protests: Students clash with cops, blaze erupts in education min

Spread the love       Anti-government protests erupt in Albania Albania’s capital, Tirana, witnessed a fresh outbreak of violence on Wednesday as student protesters clashed with police, vehicles burned and the Education Ministry caught fire during demonstrations over education costs, university conditions and alleged government corruption.Police used tear gas and water cannons to disperse crowds, as the student-led protests fed into a...

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