Explainer: All you need to know about Reliance-Jio Financial demerger

Explainer: All you need to know about Reliance-Jio Financial demerger

Five analysts estimate that Reliance's Jio Financial Services will be valued at 160-190 rupees per share. Billionaire Mukesh Ambani's Reliance Industries, India's most valuable company, will demerge its financial services business on today as part of a move to unlock value. A man walks across the LED board showing the logo of Jio(REUTERS) The local stock exchanges will...

India asks states to ramp up testing as Covid-19 cases climb

India's federal government asked states to identify emergency hotspots and ramp up-testing for Covid-19, after the country recorded its highest daily case count since September, a Reuters tally showed on Friday (April 7). There were 6,050 new cases of Covid-19 in the last 24 hours, the federal health ministry said on Friday, continuing a sharp upward...

India cable car collision: Last of almost 50 people trapped mid-air rescued

Indian military rescuers with helicopters lifted to safety on Tuesday (April 12) the last of almost 50 passengers who had been trapped mid-air since a fatal cable-car collision two days earlier, police said. The collision on the pilgrim cableway directly killed one person, and another fell to his death on Monday when trying to climb on...

India extends ban on public events in election states as Covid-19 cases rise

A healthcare worker wearing personal protective equipment (PPE) collects a swab sample from a woman amidst the spread of the coronavirus disease (Covid-19), at Delhi-Uttar Pradesh border, in Noida, India, Nov 19, 2020.Reuters   India's election commission extended its ban on political rallies and roadshows in five states on Saturday (Jan 15) due to rising Covid-19 cases...

For India’s wealthy singletons, millionaire matchmaking services promise perfect partners – for a price

A handout photo. A wedding organised by Ultra Rich Match.South China Morning Post When the son of a wealthy Indian politician returned home in 2019 after acquiring an Ivy League education in the United States, his search for a prospective partner soon stalled as he realised he had no way of meeting someone suitable. “I was abroad...

India Displays Significant Drop In Air Pollution Since Nationwide Covid-19 Lock Down

The lack of human activity has proven healthy for the planet’s well-being as multiple locations around the world that was previous known for their severe pollution have shown significant improvement. For example, India has always been one of the most highly polluted countries in the world, as they’ve faced excessive levels of harmful microscopic particulate matter...

Newborn Twins in India Named Covid and Corona

One of the hardest thing to figure out among new parents is what to name their newborn children. Pick a weird name and the child might have a very difficult childhood being bullied by his or her peers. Most of the time, parents will resort to picking names that carry a beautiful meaning. Holding this dearly...