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USS Lyndon B. Johnson was launched this December 2018 and will be commissioned in 2022. This article first appeared earlier and is being reposted due to reader interest. Traditionally, warships are tailored to perform specific missions. But the cutting-edge Zumwalt has been a ship in search of a mission, especially since procurement of hyper-expensive ammunition for its primary weapon system was canceled. Years and billions of dollars later, the Navy may finally have found one. In the post-Cold War 1990s, the U.S Navy lacked peer competitors on the high seas, so it conceived its next-generat...

The state-run power major on Friday (1 January 2021) announced that it has executed agreement for a composite resolution plan with lenders of Ratnagiri Gas & Power (RGPPL).As part of the resolution plan, outstanding debt liabilities of Ratnagiri Gas & Power (RGPPL) have been settled through one-time settlement by NTPC. Subsequently, 35.47% of equity held by lenders (IDBI, ICICI, SBI, IFCI and Canara Bank) in RGPPL have been transferred to NTPC. Consequently, NTPC's equity shareholding in RGPPL has increased from 25.51% to 60.98% as of 31 December 2020. Accordingly, RGPPL has become a subsidia...

USS Lyndon B. Johnson was launched this December 2018 and will be commissioned in 2022. Traditionally, warships are tailored to perform specific missions. But the cutting-edge Zumwalt has been a ship in search of a mission, especially since procurement of hyper-expensive ammunition for its primary weapon system was canceled. Years and billions of dollars later, the Navy may finally have found one. In the post-Cold War 1990s, the U.S Navy lacked peer competitors on the high seas, so it conceived its next-generation surface combatants for engaging coastal targets. As the Navy phased out its la...