Adani to raise Rs 21,000 cr from share sale in two group cos

Billionaire Gautam Adani’s group will raise Rs 21,000 crore (over $2.5 billion) through share sale in two group companies in the boldest comeback strategy after the ports-to-energy conglomerate was rocked by allegations of fraud levelled by a US short-seller. Adani Enterprises Ltd, the group’s flagship firm, plans to raise Rs 12,500 crore while electricity transmission […]

Painter death due to electrocution: Case registered against Bescom officials

A 28-year-old painter died on Thursday morning in a tragic incident of electrocution in Devarachikkanahalli. The Bommanahalli police have initiated an investigation and filed a case against the responsible Bescom officials. The deceased has been identified as Mirazul Islam, a resident of Yajamana Layout in Beguru. According to the complaint filed by Islam’s friend Shamshuddin, […]

Japan, South Korea eye visit by team of experts as Fukushima nuclear plant prepares water release

Officials from Japan and South Korea are discussing a visit by South Korean experts to the Fukushima nuclear plant before it begins the controversial release of treated but radioactive water into the sea. The safety of the water is a major sticking point as the two sides work to improve long-strained ties. Discussions were held […]