The two companies have appointed EY and Axis Capital to prepare merger terms which they intend to propose to their respective shareholders within a fortnight, ET had reported on Tuesday.
The nation is preparing to bid farewell to former Prime Minister Dr Manmohan Singh, with last rites scheduled at Nigambodh Ghat. Congress President Kharge requested a memorial for Singh. Singh served as Prime Minister from 2004 to 2014 and was known for his economic reforms. His contributions will be honored with a dedicated memorial space.
Train services on the Banihal-Baramulla section were suspended on Saturday due to heavy snow accumulation. Efforts to clear the track are ongoing, with services expected to resume after 1 pm.
Manipur Chief Minister N Biren Singh condemned the attack in Imphal East district that injured civilians and security personnel. Additional security measures and personnel have been deployed to the affected areas. He has called for calm, unity, and better coordination between central forces and state police to handle the situation.
Former Prime Minister Manmohan Singh, instrumental in transforming US-India relations through the 2008 Civilian Nuclear Agreement and modernizing India's economy, passed away at 92. Global leaders and organizations, including Condoleezza Rice and Canadian Prime Minister Justin Trudeau, expressed condolences, highlighting his impact on international relations and economic reforms.
Former South Carolina Governor Nikki Haley highlights the need to invest in the American workforce in the ongoing debate about H1B visa expansion. The debate, involving figures like Elon Musk and Vivek Ramaswamy, centers on immigration policies and their impact on the American job market.
Around 2,000 vehicles were stranded at Qazigund town in Jammu and Kashmir's Anantnag due to the first snowfall of the season. Chief Minister Omar Abdullah discussed the situation with the Deputy Commissioner. Efforts are ongoing to clear the traffic, and arrangements for stranded passengers are being made. Light rain and snowfall are expected to continue until December 30.
Dr. Manmohan Singh, who passed away at the age of 92, was remembered for his visits to Mumbai's Strand Book Stall while serving as the RBI governor from 1982 to 1985. Known for his humility and politeness, he sought books on management, finance, and economy.
Delhi Traffic Police issued a traffic advisory for the funeral of former Prime Minister Dr Manmohan Singh on Saturday, highlighting restrictions and diversions in New Delhi. Key roads affected include Ring Road, Nishad Raj Marg, and Boulevard Road, with advisories for commuters to use public transport and report suspicious activities.
In 2024, Karnataka faced a bomb blast, severe weather changes, and political shifts. The state dealt with a gas leak turned IED blast, a severe water crisis followed by devastating floods. Politically, BJP and Congress witnessed changes. Notable deaths, including S M Krishna, and controversies involving politicians and actors made headlines.
At least six people, including women and children, died in a car accident caused by dense fog at Tandianwala in Punjab, Pakistan. The car, travelling from Lahore, collided with a sugarcane-loaded tractor-trolley. Three other family members were injured and taken to hospital for treatment. Authorities have launched an investigation and registered a case against the fleeing tractor driver.
The central government has confirmed plans to allocate a space for a memorial honouring former Prime Minister Dr Manmohan Singh, who passed away at 92. Dr Singh's last rites will be held with full state honours at New Delhi's Nigambodh Ghat on December 28. Congress President Mallikarjun Kharge had requested a memorial at the cremation site to commemorate Dr Singh’s legacy. Known for his pivotal role in India's economic transformation, Dr Singh's contributions as a statesman are globally acknowledged.
Magnus Carlsen, a five-time world champion, was disqualified from the World Rapid and Blitz Chess Championship for refusing to change out of jeans. This violated FIDE’s dress code. Carlsen was fined USD 200 but declined to comply immediately. He later announced he would not participate in the Blitz section, expressing frustration with FIDE’s dress code policies.
External Affairs Minister S Jaishankar concluded a two-day conference at the Indian Embassy in the US. He held meetings with US National Security Advisor Jake Sullivan and US Secretary of State Antony Blinken. They discussed the progress of the India-US strategic partnership. Jaishankar expressed confidence in the continuous growth and strengthening of the partnership.
Cristiano Ronaldo feels that the Ballon d'Or award should have been given to Vinicius Junior instead of Rodri. He believes Vinicius deserved it, having won the UEFA Champions League with Real Madrid. Ronaldo praised the Globe Soccer Awards for being honest, while also acknowledging Rodri's achievements with Manchester City and Spain.
A ninth US telecom firm was hacked as part of a Chinese espionage campaign, giving Beijing access to private texts and calls of Americans. The campaign, called Salt Typhoon, targeted at least eight telecom companies and affected government officials and political figures. The FBI and White House are addressing the cybersecurity vulnerabilities exposed by the attack.
Greg Gumbel, a pioneering CBS sportscaster known for breaking barriers and calling major events, has died from cancer. Over a 50-year career, he made history as the first Black announcer to call a Super Bowl. He worked with CBS, NBC, and ESPN, and was involved in numerous charitable activities.
Fresh tensions in the Middle East, particularly Israel’s actions against the Houthis in Yemen, may jeopardize vital energy resources, raising concerns over crude supplies. The situation is further complicated by anticipated US foreign policy shifts under Trump’s incoming administration, which could impact global oil dynamics and energy prices.
The Directorate of School Education, Haryana, has declared a winter break for all private and government schools from January 1 to January 15, 2025. Schools will be closed during this period and will reopen on January 16, 2025. Practical exams for board classes may still occur as scheduled.
India reached 244 for seven by lunch on the third day of the fourth Test against Australia, having lost Rishabh Pant and Ravindra Jadeja early in the day. Resuming on 164 for five, India reduced their deficit to 230 runs, with Nitish Reddy on 40 and Washington Sundar on 5 at lunch.
Taiwan's Ministry of National Defence reported the presence of seven Chinese military aircraft and five naval vessels near its territory. China crossed the median line into Taiwan's ADIZ. Japan and NATO expressed concerns about China's military activities and its increasing influence, emphasizing the importance of stability in the Taiwan Strait.
Australia announced their squad for the Women's Ashes 2025 against England, with Alyssa Healy as captain. Sophie Molineux will miss the series due to a knee injury requiring surgery. Georgia Voll joins the squad after an impressive debut. The series begins with ODIs on January 11, followed by T20Is and a one-off Test match.
President-elect Trump asked the Supreme Court to delay the potential TikTok ban until his administration can address the issue politically. TikTok and the Biden administration presented opposing briefs regarding the law requiring TikTok's divestment from ByteDance. Oral arguments are set for Jan. 10.
Israeli airstrikes targeted Yemen's Sanaa airport during a civilian Airbus landing and as a UN delegation awaited departure, damaging the control tower and causing casualties. The strikes jeopardized humanitarian efforts and highlighted the deteriorating situation in Yemen amid ongoing conflict between Houthi rebels and Israel.
