An investor group consisting of Arkhouse Management and Brigade Capital has made a $5.8 billion offer to take department store chain Macy’s private, according to a person familiar with the matter on Sunday. Arkhouse Management, a real-estate focused investing firm, and Brigade Capital Management, a global asset manager, submitted a proposal to acquire the Macy’s…
HASSAN: JD(S) leader H D Kumaraswamy claimed on Sunday that a prominent Congress minister is considering joining the BJP to evade legal troubles initiated by the Centre. Kumaraswamy, a former chief minister, disclosed that the minister, facing multiple cases, is currently in negotiations with BJP leaders and might bring along “50 to 60 MLAs” in…
South Africa and India are set to assess their squad depth in two white-ball series, commencing with a Twenty20 international at Kingsmead in Durban this Sunday.The tour comprises three T20Is followed by three one-day internationals, providing a much-needed financial boost for Cricket South Africa (CSA). Facing financial challenges, the host nation anticipates earning over a…
GUWAHATI: The National Human Rights Commission (NHRC) on Friday issued a notice to the Manipur government, seeking a report within two weeks on the killing of 13 people in Tengnoupal district on December 4. The commission said it has taken “suo motu cognizance of a media report that at least 13 people were killed in…
NEW DELHI: Stressing the importance of artificial intelligence in today’s world, PM Narendra Modi Friday said India is looking to “take a giant leap in AI to empower its citizens and is poised to be an active contributor to its evolution”.In a LinkedIn post titled ‘Celebrating AI and Indian talent’, PM Modi invited people to…
Representative image Kolkata: Amidst soaring gold prices, jewellery retailers are increasingly turning to lightweight ornaments sourced from wholesalers to offset the price surge. This trend was prominently observed at the Bengal International Expo-2023 which kicked off on Friday and will be on till December 10 at the Biswa Bangla Mela Prangan. The expo functioning as…
Indian diamond industry will resume rough diamond imports from December 15, two months after it voluntarily suspended the imports in the wake of low demand. The suspension was in effect from October 15-December 15. The suspension was collectively taken by the Gems and Jewellery Export Promotion Council (GJEPC), Bharat Diamond Bourse, Mumbai Diamond Merchants Association,…
AIZAWL: Former IPS officer Lalduhoma, a maverick who led his fledgling party to a famous electoral victory against Zoramthanga’s MNF, was sworn in on Friday as the CM of a 12-member Zoram People’s Movement (ZPM) government in Mizoram that includes the state’s first woman minister of cabinet rank in 61-year-old Lalrinpuii.The new government has seven…
NEW DELHI: Madhya Pradesh BJP in-charge Murlidhar Rao said on Friday that the chief ministers for Madhya Pradesh, Rajasthan, and Chhattisgarh would be announced within the next two days.Rao stated, “Central observers appointed by the party for the three states will visit each state, and the party will unveil its Chief Ministerial choices for those…
Representative image MUMBAI/LONDON: India, home to 90% of the world’s diamond cutting and polishing industry, and De Beers, the top global rough diamonds producer by value, are seeking clarity and flexibility from G7 countries in implementing a ban on imports of Russian gems. The Group of Seven countries on Wednesday announced a direct ban on…
