L&T Metro Hyderabad to raise Rs 13,600 cr in debt to cut funding cost

SynopsisThose should be rated AAA (CE) by rating company Crisil that has already provided such a provisional rating about two weeks ago. Final rating is expected anytime soon.representative imageL&T Metro Rail that runs metro trains in Hyderabad is raising up to Rs 13,600 crore through bonds and commercial papers, in one of the largest local…Continue Reading

ZEE and Sony sign definitive agreements to merge companies; Sony to own 50.86% stake

Sony’s India unit and its local rival, Zee Entertainment, have finalised a deal to merge television channels, film assets and streaming platforms, Zee said on Wednesday. Sony to hold majority stake in the merged company, ZEE promoter family to own 3.99% with an option to increase stake up to 20% from market.Continue Reading

India, Russia could create regional security architecture for Indian Ocean Region stability

SynopsisWhile contours of regional maritime security architecture could evolve in future, Russia could be enhancing its presence through its Navy making port calls in India and increasing Navy to Navy cooperation and joint exercises. Russia’s inclusion as a dialogue partner of the Indian Ocean Rim Association (IORA) has opened up a plethora of opportunities for…Continue Reading

Now PlayingU.S. Surgeon General decries Fox News commentator urging conservatives to ‘ambush’ Dr. Fauci10:09UP NEXTLegal expert says Trump lawsuit against New York attorney general will likely be thrown out07:48Psaki slams Manchin on prior discussions about Build Back Better with president, staff02:02Former Sen. Johnny Isakson dead at age 7600:36Biden to address alarming rise in omicron variant…Continue Reading

Biden Pivots to Home Tests to Confront Omicron Surge

WASHINGTON (AP) — Fighting the omicron variant surging through the country, President Joe Biden announced the government will provide 500 million free rapid home-testing kits, increase support for hospitals under strain and redouble vaccination and boosting efforts. At the White House on Tuesday, Biden detailed major changes to his COVID-19 winter plan, his hand forced…Continue Reading

The Most Anticipated Albums of 2022

These days, trying to forecast the biggest pop and rap albums for an entire year is a fool’s errand: most major stars either drop their albums by surprise or set deadlines that they then miss. It’s entirely possible that Beyoncé, Kendrick Lamar, Frank Ocean and Rihanna release their long-awaited projects in 2021; it’s also possible…Continue Reading

Breaking Down the Mostly Real Science Behind Don’t Look Up

Want a good, solid, rollicking laugh? Contemplate the end of the world—the whole existential shebang: the annihilation of civilization, the extinction of all species, the death of the entire Earthly biomass. Funny, right? Actually, yes—and arch and ironic and dark and smart, at least in the hands of Adam McKay (The Big Short, Vice), whose…Continue Reading

The Grim History of Christmas for Enslaved People in the Deep South

Amid contentious national pushback over how much of the full history of slavery in the United States should be taught in schools, the holiday season represents a particularly overlooked period. Around the time Christmas was starting to become a national holiday in the late-19th century, propagandists of the Lost Cause—the myth that the Civil War…Continue Reading

We Need to Start Thinking Differently About Breakthrough Infections

For most of 2020, avoiding the novel coronavirus was at the heart of almost every piece of public-health advice. Then, vaccinations largely gave Americans their lives back. Breakthrough infections were remarkably rare in the early months of mass vaccination. Only about 10,000 people—or 0.01% of the 101 million U.S. adults who had been fully vaccinated—reported…Continue Reading

Europe braces for Omicron ‘storm’, US announces new measures

Countries across Europe considered new curbs on movement on Tuesday while US President Joe Biden appealed to all Americans to get vaccinated to fight the Omicron variant sweeping the world days before the second Christmas of the pandemic. Omicron infections are multiplying across Europe, the United States and Asia, including in Japan, where a single…Continue Reading