Marc Rowan, chief executive officer of Apollo Global Management LLC, during a Bloomberg Television interview in New York, US, on Tuesday, Dec. 5, 2023. Jeenah Moon | Bloomberg | Getty Images Apollo, the asset management giant, told investors in its flagship private credit fund that it will limit withdrawals this quarter to just under half…
NEW DELHI: Govt is looking to introduce at least two bills – including constitutional amendments – in the current session of Parliament to roll out reservation for women of one-third seats in the next Lok Sabha poll and assembly elections to be held after it. The move promises to change the country’s political landscape and…
NEW DELHI: Talking in Parliament on Monday about the “unprecedented challenges” being faced by India because of the West Asia conflict, PM Modi underlined the country’s opposition to attacks on citizens and energy and transport infrastructure, and said strikes on commercial ships and obstacles to international trade are unacceptable.Modi said that as far as diplomacy…
Indian-origin British MP Priti Patel has strongly condemned the arson attack on ambulances serving the Jewish community in north London, calling it a “dark moment” for the country.Taking to X (formerly Twitter), the Opposition Conservative MP and UK shadow foreign secretary said:“So important to be in Golders Green with the Jewish community today after the…
NEW DELHI: Finance and corporate affairs minister Nirmala Sitharaman on Monday introduced fresh amendments to the Companies Act, which seeks to decriminalise several procedural defaults, provide flexibility in buyback of shares and recognise new instruments for executive compensation.The bill, which has been referred to a joint Parliamentary committee for examination, provides for allowing restricted stock…
After following Moana on an epic animated adventure to find and restore the heart of Tefiti, it is now time, to join Catherine Laga’aia and Dwayne Johnson on their live-action adventuer. A decade after the film first won hearts, The Rock, on Monday released the new trailer and extended a warm invitation to fans saying,…
DoubleLine Capital CEO Jeffrey Gundlach said markets are stuck in a holding pattern with few assets delivering meaningful returns, as he warned that stresses emerging in private credit could deepen if investors rush for liquidity. “It’s kind of a going nowhere market right now, sort of trendless. Almost nothing is up. Nothing is really down…
NEW DELHI: With LPG availability remaining critical, oil marketing companies may resort to delivering underweight cylinders for more equitable distribution of cooking gas.While petroleum ministry officials dismissed reports suggesting OMCs may start selling 10 kg gas in 14.2 kg domestic LPG cylinders, calling them “highly speculative”, refiners confirmed such a proposal was pending before govt….
NEW DELHI: Two Indian-flagged LPG tankers, carrying around 92,600 tonne of cooking gas, crossed the war-hit Strait of Hormuz on Monday evening. The ships – Jag Vasant and Pine Gas – are likely to reach ports between Thursday and Saturday, the shipping ministry said.With this, four Indian-flagged vessels have sailed through the conflict-hit choke point…
LaGuardia Airport in New York reopened on Monday afternoon after a deadly runway collision shut the busy airport for several hours and disrupted hundreds of flights. The crash occurred late Sunday night, killing both pilots on board and injuring dozens of passengers and crew.The collision involved an Air Canada Express regional jet arriving from Montreal…
