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Toyota, the world’s largest carmaker by vehicles sold, had announced a “breakthrough” in solid state battery materials late last year and had said it plans to mass-produce solid-state batteries by 2027 or 2028.
The FPI sell-off in January was also one of the reasons for the fall in benchmark indices, Sensex and Nifty, which had tanked around 2 per cent in a highly volatile month.
This is the 73rd occasion when a proposal moved by Guatemala, a Central American country, on behalf of 130 members was not able to launch the selection processes.
Saurabh Verma, Managing Director of Global Insurance Brokers, said the Red Sea scenario typically falls under the category of war risk for marine insurance.
The United Nations Conference on Trade and Development (UNCTAD) warned that the crisis is impacting global food prices, with longer distances and higher freight rates potentially cascading into increased costs.
The international stock exchanges at GIFT-IFSC—India International Exchange and NSE International Exchange—are currently prescribed as the permitted stock exchanges.
“There is no immediate deadline or cliff for FPIs to liquidate any holdings,” sources said. Sebi had earlier asked FPIs to bring down such exposure by January 29, 2024.
Under the ‘Cashless Everywhere’ system, the policyholder can get treated in any hospital they choose, and a cashless facility will be available even if such a hospital is not in the network of the insurance company.
In a stock exchange filing, the company said it has initiated appropriate legal action to contest Culver Max and BEPL’s claims in the arbitration proceedings before Singapore International Arbitration Centre (SIAC).