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MUMBAI: US-based private equity major Blackstone said on Monday it had completed the acquisition of a 72.5 per cent stake in Quality Care India Ltd (QCIL), which operates a network of Care Hospitals, from Evercare, a platform backed by TPG Rise funds. This marks Blackstone’s foray into India’s health care services sector. TPG will continue […]

The post Blackstone Makes Health Care Foray With $1 Billion Deals, Buys Care Hospitals first appeared on Latest India news, analysis and reports on IPA Newspack.

By Girish Linganna As Israel ratcheted up its ground offensive on Saturday (October 28, 2023), relentlessly pounding Gaza with airstrikes to back up a night of intense bombing, the north of the Gaza Strip was assailed “on a magnitude never witnessed before” and there was “total chaos” in the region. Although there are no specific […]

The post Cessation Of Israel-Hamas Hostilities Is The Need Of The Hour first appeared on Latest India news, analysis and reports on IPA Newspack.

By Girish Linganna In a recent political development that could potentially reshape the dynamics in the Indian Ocean Region (IOR), the Maldives elected a new President, Mohamed Muizzu, 45, of the People’s National Congress (PNC) on September 30, 2023. Muizzu’s victory marked a significant shift in the nation’s foreign policy and raised concerns about the […]

The post Indian Geopolitical Stakes In Maldives And Indian Ocean Region Nations Are Very High first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India and some other nations, including Switzerland, Brazil, China, Japan, Korea and Russia, have criticised the EU for deciding against terminating its safeguard measure on imports of certain steel products after carrying out a review. Most argued the EU’s safeguard duty, imposed after the Trump administration in the US slapped additional duties on […]

The post India, Other WTO Members Criticise EU, UK On Steel Safeguard Measures first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: The Reserve Bank of India is likely to meet with banks next week to discuss the key issues of liquidity in the banking system and developments in sovereign debt yields, which serve as benchmarks for pricing corporate borrowing. “There are meetings scheduled on November 2 and November 3. The discussion points include the skewed […]

The post RBI To Call Out Liquidity Skew With Bankers first appeared on Latest India news, analysis and reports on IPA Newspack.

The government has decided to offload 0.3 million tonnes (MT) under the open market sale scheme (OMSS) by the Food Corporation of India (FCI) in its weekly e-auction from next month, against 0.2 MT currently being offered for the bulk purchaser to cool down the prices. Sources told FE that because of surplus stocks held […]

The post Govt Hikes Allocation Of Wheat Under Open Market Sale Scheme first appeared on Latest India news, analysis and reports on IPA Newspack.

By Sushil Kutty How the Bharatiya Janata Party has transformed the upcoming assembly polls into Modi Vs. Congress by sidelining state-level leaders is the flavour of this election season running up to and right into general elections 2024. The fact of the matter is there’s no doubt that it is Congress Vs. BJP in Madhya […]

The post Narendra Modi Is In Contest Against The Congress In All Five Assemblies Polls first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: In a move to strengthen governance in private sector banks and wholly-owned subsidiaries of foreign banks, the Reserve Bank of India (RBI) on Wednesday directed them to have at least two wholetime directors. Lenders that do not meet the requirement will have to submit the names for the RBI’s approval within four months. Banks […]

The post RBI Directs Private Banks To Have At Least Two Wholetime Directors first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: In a leg-up for India’s consistent stand against global rules on e-commerce, the US has decided to withdraw its proposal on digital trade at the WTO to retain the policy space for regulating big-tech firms. The US proposal on e-commerce rules, withdrawn at the WTO’s Joint Statement Initiative (JSI) on e-commerce on Wednesday, […]

The post US Withdraws Proposal On Digital Trade At WTO first appeared on Latest India news, analysis and reports on IPA Newspack.

CHENNAI: French automotive major Renault announced on Wednesday that it has lined up an investment of approximately €3 billion ($3.2 billion) for expansion, as part of its International Game Plan for 2027. This initiative encompasses regions beyond Europe, including India. According to the road map, by 2027, one in every three Renault cars sold outside […]

The post Renault Lines Up € 3 Billion Investment, 8 New Models To Expand Global Reach first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: India’s largest information technology (IT) services company, Tata Consultancy Services (TCS), has received a notice from the Maharashtra government’s Ministry of Labour & Employment regarding the company’s delay in onboarding lateral recruits. The complaint was filed by the Pune-based IT employees’ union, Nascent Information Technology Employees Senate (NITES), in July 2023. While the exact […]

The post TCS Gets Notice From Maha Labour Ministry Over Lateral Onboarding Delay first appeared on Latest India news, analysis and reports on IPA Newspack.

Madhya Pradesh Congress chief Kamal Nath on Tuesday said if voted to power in the assembly elections, the Congress will revive the project to construct Sitamata temple in Sri Lanka even as he made a string of promises mostly concerning Hindu community. He also said the new government will be committed to the upliftment of […]

The post Nath promises series of soft Hindutva plans first appeared on Latest India news, analysis and reports on IPA Newspack.