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Top News In இயந்திரங்கள் வர்த்தகர் ஒப்பந்தக்காரர்கள் Today - Breaking & Trending Today

Vale to pay $2.5 billion to settle liabilities in Mozambique mine corridor

Miner Vale SA will settle in advance liabilities of around US$2.5 billion related to the project finance for the Nacala logistic corridor (CLN) that serves a coal mine in Mozambique, the company said in a securities filing on Tuesday. ....

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Welcome To IANS Live - ENTERTAINMENT - Author Rajiv Bahl's new literary take on jobs post-pandemic

Titl ....

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LG Energy Solution seeks nod for IPO that IFR says may raise $10-$12 billion

3 Min Read
SEOUL (Reuters) -Auto battery maker and Tesla Inc supplier LG Energy Solution (LGES) applied for preliminary approval of an initial public offering (IPO) that publication IFR said could raise $10 billion-$12 billion in South Korea’s biggest ever listing.
LGES and the Korea Exchange announced the application for approval of the previously flagged IPO on Tuesday, without mentioning its size. IFR reported the potential size earlier in June, citing people close to the deal.
LGES, wholly owned by LG Chem Ltd from which it was carved out last year, said the IPO was planned for 2021. A spokesperson declined to comment on the IPO size on Wednesday and said it will be decided taking into account the company’s future capital expenditure and financial structure. ....

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Welcome To IANS Live - HEALTH-AND-TRAVEL - Delhi starts disinfection drive with new machines

These machines are specifically built to spray disinfectants and are flexible enough to be used in narrow lanes as well. They can disinfect up to 20,000 sq metre area per hour.The ....

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Mission mode vaccinations and frontloading fiscal measures key to India's recovery: Finance Ministry

Mission mode vaccinations and frontloading fiscal measures key to India s recovery: Finance Ministry
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This would help in achieving herd immunity, defined as 75-80% of the population aged 18 and above, which in turn would boost consumer and producer confidence and reinvigorate the engines of economic growth, the ministry said.
Agencies
The ministry noted that there was a sequential slackening in a host of indicators in May ranging from the output of eight core industries and auto sales to the services purchasing managers’ index and Goods and Services Tax (GST) collections.
Mission mode vaccination and frontloading of fiscal measures planned in the budget hold the key to India’s invigorating investment cycle, a finance ministry report said Wednesday, warning that the second wave of pandemic has posed a downside risk to recovery. ....

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