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Goldman-backed ReNew Power agrees to merge with RMG II SPAC

Goldman-backed ReNew Power agrees to merge with RMG II SPAC Premium (Photo: Mint) . Updated: 24 Feb 2021, 05:40 PM IST Bloomberg The deal will give Goldman Sachs -backed ReNew an enterprise value of $8 billion and will close in the second quarter, according to a statement Share Via Read Full Story ReNew Power, India’s biggest renewable power producer, has agreed to merge with blank-check company RMG Acquisition Corp. II. The deal will give Goldman Sachs Group Inc.-backed ReNew an enterprise...
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Biden administration honours Indian activist Anjali Bhardwaj with Anti-Corruption Champions Award

Biden administration honours Indian activist Anjali Bhardwaj with Anti-Corruption Champions Award Anjali Bhardwaj Premium Lalit K Jha , PTI Bhardwaj has served as an active member of the Right to Information Movement in India for over two decades The 48-year-old activist is also the founder of the Satark Nagrik Sangathan (SNS), a citizens group with a mandate to promote transparency Share Via Read Full Story Anjali Bharadwaj, an Indian social activist working on issues of transparency and acco...
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UPSC exam: SC denies one more chance to aspirants who exhausted last attempt in 2020, dismisses plea

UPSC exam: SC denies one more chance to aspirants who exhausted last attempt in 2020, dismisses plea Premium SC rejects plea for extra chance to appear in UPSC civil services exam by aspirants who exhausted their last attempt amid COVID-19 pandemic 1 min read Share Via Read Full Story The Supreme Court on Wednesday gave its verdict on the Union Public Service Commission (UPSC) Civil Services Prelims 2021 extra attempt. Dismissing the petition seeking a second shot at the civil service examinati...
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Supreme Court to hear Airtel, Vi's plea over AGR recalculation in two weeks

Supreme Court to hear Airtel, Vi’s plea over AGR recalculation in two weeks An SC bench had directed telcos to make 10% upfront payment of their AGR dues, with a 10-year payment schedule, beginning 1 April, 2021. (Photo: Mint) 1 min read Ending a 14-year legal battle between the DoT and telecom operators, the apex court, in October 2019, had upheld the departments definition of AGR and ordered telcos to pay levies based on that definition, along with interest on the principal amount and penal...
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Fauci hints at eased rules; AstraZeneca cuts EU target: Covid-19 update

Fauci hints at eased rules; AstraZeneca cuts EU target: Covid-19 update Premium (AFP) Ireland’s government will maintain its strict lockdown regime until at least April 5 South African President Cyril Rampahosa backed a call by French President Emmanuel Macron and EU Commission President Ursula von der Leyen for wealthy countries to donate 5% of their vaccines to poorer nations Share Via Read Full Story Anthony Fauci, President Joe Biden’s chief medical adviser, suggested the US may soon is...
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Pakistan extends $50mn line of credit for defence to Sri Lanka

Pakistan extends $50mn line of credit for defence to Sri Lanka Pakistans Prime Minister Imran Khan and his Sri Lankan counterpart Mahinda Rajapaksa during a Trade and Investments conference in Colombo (AFP)Premium The Pakistani delegation invited Colombo to use its Gwadar port, part of the multi-billion dollar CPEC, for trade with China and Central Asia Interestingly, Pakistan’s extension of the line of credit comes close on the heels of India extending $ 50 million line of credit to neighbo...
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Private banks can get govt business, embargo lifted, says FM Sitharaman

Private banks can get govt business, embargo lifted, says FM Sitharaman FM mentioned that all banks can now be equal partners in development of the Indian economyPremium 1 min read Share Via Read Full Story The Centre has lifted the restrictions on grant of government businesses to private banks, finance minister Nirmala Sitharaman announced on Wednesday. "Embargo lifted on grant of govt business to private banks. All banks can now participate," finance minister posted on Twitter. She further m...
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