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Tata Steel aims 30 million tonne capacity by 2025 in India

Tata Steel is aiming an installed capacity of around 30 million tonne per annum by 2025 in India from the existing 18.5 million tonne. The company has recently acquired Bhushan Steel and Usha Martin plants, which has a combined rated capacity of 7 million tonne per annum. The planned 30 ... Read More »

Kridhan Infra’s arm bags two new orders worth $24.63 million

Kridhan Infra’s Singapore-based 100% subsidiary — KH Foges has been awarded two new orders in Singapore worth $24.63 million. KH Foges has been contracted to execute Piling Works for a seven-storey distribution centre in Singapore. This order is worth $19.85 million and is to be completed within 5 months. Additionally, ... Read More »

Axis Bank raises $50 million under GMTN Programme

Axis Bank has raised $50 million under the GMTN Programme through its Dubai International Financial Centre (DIFC) branch. The settlement took place on October 16, 2018. The Notes will be consolidated and form a single series with the $250,000,000 3.25% Notes due 2020 issued on March 11, 2015 and the ... Read More »

Facebook Says Hackers Accessed Data Of 29 Million Users

SAN FRANCISCO:  Facebook says hackers accessed personal data of 29 million users in a breach disclosed late last month. The leading social network had originally said up to 50 million accounts were affected in a cyberattack that exploited a trio of software flaws to steal “access tokens” that enable people to ... Read More »

Fat from 558 million years ago reveals earliest known animal

Scientists from The Australian National University (ANU) and overseas have discovered molecules of fat in an ancient fossil to reveal the earliest confirmed animal in the geological record that lived on Earth 558 million years ago. The strange creature called Dickinsonia, which grew up to 1.4 metres in length and ... Read More »

United States to cancel USD 300 million military aid to Pakistan

The US will cancel USD 300 million in military aid to Pakistan over its failure to take “decisive actions” to support President Donald Trump’s new South Asia policy and act against terror groups like the Haqqani network and Lashkar-e-Taiba, the Pentagon has announced, a fresh blow to the deteriorating ties ... Read More »

United States to cancel 300 million USD military aid to Pakistan

The US will cancel USD 300 million in military aid to Pakistan over its failure to take “decisive actions” to support President Donald Trump’s new South Asia policy and act against terror groups like the Haqqani network and Lashkar-e-Taiba, the Pentagon has announced, a fresh blow to the deteriorating ties ... Read More »

United States to cancel 300 million military aid to Pakistan

The US will cancel USD 300 million in military aid to Pakistan over its failure to take “decisive actions” to support President Donald Trump’s new South Asia policy and act against terror groups like the Haqqani network and Lashkar-e-Taiba, the Pentagon has announced, a fresh blow to the deteriorating ties ... Read More »

Over 2 million Muslims begin Hajj in Saudi Arabia

The five-day hajj pilgrimage represents one of the world’s biggest gatherings every year. “We are very blessed by Allah to be in this place, and we pray to Allah to make the Islamic nations from the West to the East in a better situation,” said Essam-Eddin Afifi, a pilgrim from ... Read More »

Trump threatened to send 25 million Mexicans to Japan: report

The Group of Seven summit gathering of top industrialized democracies finished in disarray after the US president abruptly rejected its joint statement and bitterly attacked Canada’s Prime Minister Justin Trudeau. Behind the scenes, Trump’s counterparts were dismayed by his verbal jabs on topics ranging from trade to terrorism and migration, ... Read More »

UN urges Syria to allow aid to 2 million in desperate need

Mark Lowcock told the UN Security Council the situation in Idlib, one of the opposition’s last remaining footholds in Syria, is “alarming” with airstrikes, clashes between armed groups, overcrowding and severely stretched basic services. Idlib has suffered deteriorating security in recent months as rebel and jihadist factions battle with the ... Read More »

Fossil shows bats have hung around for 33 million years

The bones of the tiny mammal were found at a fossil site in 1999, unearthed when a new high-speed train track was built east of Brussels, but researchers spent decades sifting through tonnes of soil to make the discovery. Eventually they encountered the bones of a tiny bat, from the ... Read More »

7 million people die every year due to air pollution, warns WHO

According to the health institution, about a quarter of deaths from heart disease, stroke, and lung cancer can be attributed to air pollution. These numbers have remained unchanged in the past years, with, globally, outdoor air pollution remaining high and largely unchanged, while indoor air pollution has got worse, as ... Read More »

VinaCapital to invest US$10 million in Vietnamese real estate firm Ricons

19/8/2018 – Vietnamese asset management firm VinaCapital is investing US$10 million in Ricons Construction Investment JSC, a subsidiary of the country’s leading developer Cotec Construction Joint Stock Company (CotecCons). Fundings for the investment was made through its London Stock Exchange-listed Vietnam Opportunity Fund (VOF) and VinaCapital said, “this investment is ... Read More »