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MUMBAI: Reliance Industries (RIL) has acquired a 50.1% stake in Oscar-winning producer Guneet Monga Kapoor’s Sikhya Entertainment for Rs 150 crore. The acquisition has been routed through Reliance Strategic Business Ventures, a wholly owned subsidiary of RIL. The investment strengthens the content portfolio of Jio Studios, RIL’s media and entertainment arm, which has produced over…

JAMMU: Parties across the political divide in J&K have welcomed the announcement on Tuesday by railway minister Ashwini Vaishnaw that three proposed railway projects in the state have been put on hold for now following opposition from the state govt and MPs, who have argued that the track alignments could damage apple orchards.Vaishnaw said there…

LONDON: A House of Lords select committee has criticised various aspects of the UK-India FTA, saying in order to get the agreement over the line, a number of UK interests were omitted.Whilst the report by the International Agreements Committee says that the FTA with India is “a significant achievement with a formidable negotiating partner”, historically…

NEW DELHI: As many as 273 prisoners, of which 107 were in Maharashtra alone, have benefited from the Union home ministry’s ‘support to poor prisoners’ scheme meant to provide financial aid to undertrial prisoners who are unable to secure bail due to financial constraints and convicts who remain in jail due to non-payment of court-imposed…

NEW DELHI: Domestic drugmakers are set to gain clarity under the proposed India-US trade agreement, sharpening expansion plans in the world’s most lucrative pharmaceutical market. While the sector was insulated from punitive US tariffs, the generics business of major companies including Sun Pharma, Dr Reddy’s and Cipla faced significant headwinds in the third quarter ended…

Delhi CM takes charge of Old Delhi Redevelopment, appointed as SRDC chairperson Delhi chief minister Rekha Gupta on Tuesday took charge of Old Delhi Redevelopment and said that her government will accord top priority to its redevelopment while focusing on conserving its heritage. She stated that Shahjahanabad was not merely a locality but a symbol…

US trade representative Jamieson Greer on Tuesday said that the Trump administration is working to formally finalise the trade agreement announced with India, further noting that New Delhi “is maintaining ⁠protection around agricultural goods.““We’ll finish papering it, but we know the specifics, we know the details,” Greer said in an interview with CNBC. He further…

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