PepsiCo’s second-largest bottling partner, Varun Beverages Ltd, on Monday (July 6), said its wholly owned subsidiary, VBL Industries (Kenya) Ltd, has entered into a business transfer agreement to acquire the value-added dairy beverages, juices and packaged drinking water business of Devyani Food Industries (Kenya) Ltd for $32 million (about ₹305 crore). The acquisition includes all…
Photo credit: CSIS missile threat China has confirmed that it test-fired a ballistic missile from a nuclear-powered People’s Liberation Army Navy submarine in the western Pacific Ocean, putting renewed focus on its expanding sea-based nuclear deterrent.A nuclear-powered submarine of the People’s Liberation Army Navy launched the missile carrying a dummy warhead towards international waters in…
Peoples Democratic Party (PDP) president Mehbooba Mufti and others attend the funeral ceremony of Ayatollah Khamenei (Image/PTI) NEW DELHI: The Embassy of Iran in India expressed gratitude to the government and people of India for participating in the funeral ceremonies of former Iranian Supreme Leader Ayatollah Seyyed Ali Khamenei, saying the gesture reflected the ‘deep…
Indonesia, Singapore reaffirm that Strait of Malacca will remain open and free for all Singapore and Indonesia have pledged to keep the Strait of Malacca open, safe and accessible to all, elevating maritime security to the forefront of a bilateral relationship that both countries see as critical to regional stability.The commitment came after talks on…
Strategy, the bitcoin-hoarding company led by Chairman Michael Saylor, is caught in a math trap of its own making. Under Michael Saylor, Strategy devised the mNAV metric. Saylor has trained investors to believe Strategy’s model for acquiring bitcoins would work so long as the market valued the company at a premium to the value of…
Erling Haaland (l), and Indian U-17 side which played against Norway in 2016 Ten years ago, an Indian Under-17 team held Norway scoreless in the first-half in a youth international game. On Sunday, one of the boys in that Norway side, Erling Haaland, led his country into the FIFA World Cup quarterfinals with a match-winning…
How IIT Gandhinagar is making the workplace a classroom for engineering students Engineering education is increasingly moving beyond textbooks and laboratories, with institutes looking for ways to prepare students for the demands of a fast-changing workplace. While internships have long been a part of this journey, they often remain short-term experiences that sit outside the…
Hannah Waddingham weighs in on whether she would like to take over for James Bond in the upcoming project, which is still in the works, or not. ‘Ted Lasso’ star Hannah Waddingham has her own thoughts about whether she would like to play the next James Bond. During one of her latest interviews, while promoting…
Baku sits on the edge of the Caspian Sea, where ancient stone walls stand not far from modern towers and offshore oil platforms. The city has existed for centuries as a trading port, a religious centre and later one of the world’s most important oil-producing regions. Yet despite its long and well-documented history, the origin…
Global oil markets are likely to move into a supply surplus later this year, which could push crude prices below $60 per barrel if China postpones replenishing its strategic petroleum reserves, according to Christof Ruehl, Global Adviser at Crystol Energy. Ruehl expects excess production to outweigh consumption in the coming months as shipping through the…
