North Korea Confirms Multiple Missile Tests; Kim Inspects ‘Major Weapons System’

North Korea leader Kim Jong Un visits a munitions factory producing what state media KCNA says is a “major weapon system” at an undisclosed location in North Korea (Image: Reuters)Washington is keeping close eye on developments as missile tests followed were followed up with pictures of a major North Korean weapons systemNews18.com Last Updated:January 28,…Continue Reading

‘Can’t Deliver Presentations Since She’s Filipina’: Top WHO Official Accused Of Racism

Current and former staffers have accused World Health Organization Regional Director for Western Pacific Dr Takeshi Kasai of racist, unethical and abusive behavior (Image: Reuters)News agencies received sound clips where Dr Kasai is being heard making derogatory remarks based on their nationalities.News18.com Last Updated:January 28, 2022, 08:00 ISTFOLLOW US ON:The director of the World Health…Continue Reading

Police: Suspect In Custody After Wounding 3 Houston Officers

A suspect led Houston police on a chase Thursday that ended with him wounding three officers in a shootout, stealing a car and barricading himself inside a home for hours before officers took him into custody, authorities said.HOUSTON: A suspect led Houston police on a chase Thursday that ended with him wounding three officers in…Continue Reading

US Confident Of German Support In Axing Nord Stream 2 If Russia Invades Ukraine

Russian T-72B3 main battle tanks drive during snowfall as the armed forces hold drills in the Rostov region, Russia (Image: Reuters)German foreign minister told the German parliament that the Scholz-led government will consider sanctions which includes shelving Nord Stream 2News18.com Last Updated:January 28, 2022, 07:14 ISTFOLLOW US ON:The US threatened Russia on Thursday by saying…Continue Reading

IMFA reports PAT of Rs 122 crore, up nearly 3.7 times y-o-y

SynopsisIndian Metals and Ferro Alloys Ltd (IMFA) on Thursday reported a consolidated net profit of Rs 122 crore during the December quarter of FY 22, up 3.7 times the net profit reported during the same quarter last year.iStockIMFA expects strong financial performance in the next fiscal which will enable the company to focus on growth,…Continue Reading

Credit enhancement from Tatas will be vital for Air India, say experts

‘Credit enhancement’ from parent company Tata Sons will be vital in arresting any jump in borrowing costs for Air India, which returned to the conglomerate’s ownership after nearly seven decades. Experts said an ownership change would likely open both local and offshore bond markets for the aviation company, which has no baggage of past debt…Continue Reading

Govt cancels lease pacts of 21 Boeing Dreamliners

The government has terminated expensive sale and leaseback agreements of 21 Boeing Dreamliner 787 planes of Air India, paying the entire outstanding lease payments plus penalties for premature termination, two people in the know told ET. The aircraft will now be owned, instead of being leased, by Air India, as the Tata Group takes over…Continue Reading

Dalmia Bharat Q3 results: Net profit declines 44% to Rs 103 cr

SynopsisDuring the quarter under review, the company’s total expenses amounted to Rs 2,668 crore up around 8% Y-o-Y. The consolidated revenue from operations was at Rs 2,731 crore down 0.2% year-on-year.AgenciesThe company reported a consolidated net profit of Rs 214 crore during the September quarter in FY 22.Mumbai: Cement maker, Dalmia Bharat Ltd on Thursday…Continue Reading

Air India takeover: Tatas saddled with older aircraft, poor cabin products

Air India’s new journey to return to its lost glory under the Tata Group will be fraught with issues like older aircraft, inferior cabin products and human resources issues, but experts and its global competitors do see the airline becoming a challenger in the international space. Currently, Air India is the largest among Indian carriers…Continue Reading

PLA has handed over Miram Taron to Indian army, says Rijiju

Union law and justice minister Kiren Rijiju on Thursday said that the Chinese People’s Liberation Army (PLA) has handed over the Arunachal Pradesh teenager, Miram Taron, to the Indian Army. It was nine days since the youth went missing. Rijiju, who is the Lok Sabha MP from Arunachal Pradesh, tweeted, “The Chinese PLA has handed…Continue Reading