DIRS.INFO The most relevant business & tech news

☆ Dubai Aerospace flags corrosion in plane leased to India's bankrupt Go First
▼ + stars: | 2023-09-14 | by ( Arpan Chaturvedi | ) www.reuters.com time to read: +2 min

REUTERS/Adnan Abidi/File Photo Acquire Licensing RightsNEW DELHI, Sept 14 (Reuters) - Dubai Aerospace Enterprise (DAE) Capital has told an Indian court it detected corrosion of some parts and "a greenish deposit" on a plane leased to bankrupt airline Go First, after another lessor complained about "robbed" parts. The lessors currently are only allowed an occasional inspection of the grounded Go First planes, which DAE and others claim are not being properly maintained. DAE court documents show it was worried about a lack of covers on cabin and cockpit seats "which would eventually lead to fungus formation", according to an internal e-mail contained in the filing. Indian media outlet Mint reported on Thursday that another lessor, BOC Aviation, also told the Delhi court about algae formation as the planes were not covered. Go First lessor SMBC Aviation Capital Aviation in May told an Indian court that Indian bankruptcy law, which blocks plane repossession, will jolt the market and spark a confidence crisis.

Persons: Adnan Abidi, DAE, Arpan Chaturvedi, Aditya Kalra Organizations: REUTERS, Dubai Aerospace Enterprise, Go, ACG Aircraft Leasing, BOC Aviation, SMBC Aviation Capital Aviation, Thomson Locations: New Delhi, India, DELHI, Delhi

☆ Over 95% chance of El Nino conditions from January to March 2024, US forecaster says
▼ + stars: | 2023-09-14 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Adnan Abidi/File photo Acquire Licensing RightsSept 13 (Reuters) - There is a more than 95% chance that the El Niño weather pattern will continue through the Northern Hemisphere winter from January - March 2024, a U.S. government forecaster said on Thursday, bringing more extreme conditions. "In August, sea surface temperatures were above average across the equatorial Pacific ocean, with strengthening in the central and east-central Pacific," the Climate Prediction Center (CPC) said. El Nino is a warming of ocean surface temperatures in the eastern and central Pacific, and can provoke extreme weather phenomena from wildfires to tropical cyclones and prolonged droughts. On Tuesday, Australia's weather bureau said that El Nino indicators had strengthened and the weather event would likely develop between September and November, bringing hotter and drier conditions to Australia. "Despite nearly the same ensemble mean amplitude as last month, the shorter forecast horizon means that the odds of at least a 'strong' El Niño have increased to 71%," CPC said.

Persons: Adnan Abidi, El Nino, Chris Hyde, Brijesh Patel, Seher Dareen, Rahul Paswan, Sharon Singleton Organizations: REUTERS, Prediction Center, El, El Nino, CPC, World Meteorological Organization, India, Thomson Locations: Ballia District, Uttar Pradesh, India, U.S, Pacific, South Africa, Southeast Asia, Australia, Brazil, Asia, Africa, Bengaluru

☆ Sweden's NATO accession and Turkey's bid to buy F-16 jets should be kept separate -Erdogan
▼ + stars: | 2023-09-10 | by ( ) www.reuters.com time to read: +3 min

Biden made a connection between the supply of F-16s and Turkish action in ratifying Sweden's application to join NATO, Erdogan said. After months of objections, Erdogan agreed at a NATO summit in July to forward Sweden's NATO bid to the Turkish parliament for ratification. "It is not possible for me to say 'yes' (to Sweden's NATO membership bid) alone unless such a decision is approved by (our) parliament." Stockholm recently voiced hope that Turkish lawmakers would ratify its NATO bid when they reconvene in October, as agreed at the NATO summit in July. While Finnish membership was sealed in April, Sweden's bid remains held up by Turkey and Hungary.

Persons: Tayyip Erdogan, Adnan Abidi, Joe Biden's, Erdogan, Biden, Lockheed Martin Corp's, Jake Sullivan, extraditing, Sweden's, Krishn Kaushik, Aftab Ahmed, Huseyin Hayatsever, Mark Heinrich Our Organizations: REUTERS, Rights, NATO, Lockheed, U.S . National, Kurdistan Workers Party, European Union, Turkish, Thomson Locations: New Delhi, India, Rights ANKARA, Turkey, Ankara, U.S, Washington, Turkish, Sweden, United States, Stockholm, Finland, Russia, Ukraine, Hungary, Budapest

☆ Talal Ansari — Reporter at The Wall Street Journal
▼ + stars: | 2023-09-09 | by ( Talal Ansari | ) www.wsj.com time to read: +2 min

Talal AnsariTalal Ansari is a reporter at The Wall Street Journal, covering U.S. news. He covers the news of the day while also working on exclusives and deeply reported stories. Prior to joining the Journal, Talal was a reporter for BuzzFeed News in New York City for four years, working on the investigative reporting team before moving to breaking news, covering everything from hate crimes to hurricanes. After leaving, Talal went into journalism and has worked at organizations such as Al Jazeera, the Los Angeles Daily News, and The Indian Express. Talal has a master's degree in long-form investigative journalism from the University of California Berkeley Graduate School of Journalism.

Persons: Talal Ansari Talal Ansari, Talal, Adnan Syed’s, Jameis Winston, Al Jazeera Organizations: Wall Street, BuzzFeed News, NFL, FBI, U.S . Citizenship, Immigration Services, American Mosaic Journalism, Knight Media, American, Los Angeles Daily News, Indian, University of California Berkeley Graduate School of Journalism, Columbia University Locations: Baltimore, America, Covid, New York City, U.S, Los Angeles

[1/3] Traffic moves past the 'Bharat Mandapam', the main venue of the G20 Summit in New Delhi, India, September 5, 2023. U.S. President Joe Biden, British Prime Minister Rishi Sunak, Saudi Crown Prince Mohammed Bin Salman, Canadian Prime Minister Justin Trudeau and Japanese Prime Minister Fumio Kishida are expected to be part of the gathering in New Delhi. For years, Ambani and Adani have competed across a wide range of industries from telecoms to media, and energy to finance. Adani Group has denied any wrongdoing. Reliance Industries, Adani Enterprises, Tata Sons, Bharati Airtel, Aditya Birla Group and the Indian government did not reply to emails seeking comment on the invitation.

Persons: Mandapam, Adnan Abidi, Mukesh Ambani, Gautam Adani, Narendra Modi, Joe Biden, Rishi Sunak, Prince Mohammed Bin Salman, Justin Trudeau, Fumio Kishida, N, Kumar Mangalam Birla, Sunil Mittal, Ambani, Xi Jinping, Vladimir Putin, Modi, Adani, Sarita Chaganti Singh, Shivangi, Clarence Fernandez Organizations: REUTERS, British, Canadian, Japanese, Tata, Bharti Airtel, Reliance Industries, Adani, Hindenburg Research, Adani Enterprises, Tata Sons, Bharati Airtel, Aditya Birla Group, Thomson Locations: New Delhi, India, DELHI, Saudi

Go First has been locked in legal disputes with many of its foreign lessors since being granted bankruptcy protection in India in May. Bankruptcy froze its assets and has prohibited the recovery of more than 50 grounded Airbus (AIR.PA) planes. Go First, whose lessors also include Standard Chartered's Pembroke Aircraft Leasing, SMBC Aviation and BOC Aviation, did not respond to a request for comment. The world's second-largest aircraft lessor, SMBC, warned in May that India's decision to block leasing firms from reclaiming Go planes would jolt the market and spark a confidence crisis. Reporting by Aditi Shah and Arpan Chaturvedi in New Delhi; Editing by Simon Cameron-MooreOur Standards: The Thomson Reuters Trust Principles.

Persons: Adnan Abidi, ACG, lessors, Aditi Shah, Arpan Chaturvedi, Simon Cameron, Moore Organizations: REUTERS, Go, Airbus, Court, Reuters, ACG Aircraft Leasing, Bankruptcy, Pembroke Aircraft Leasing, SMBC Aviation, BOC Aviation, Thomson Locations: New Delhi, India, DELHI, Ireland, Delhi

☆ India or Bharat? President's G20 dinner invitation sparks name-change row
▼ + stars: | 2023-09-05 | by ( Rupam Jain | ) www.reuters.com time to read: +3 min

Murmu is hosting a reception for G20 leaders during the group's summit on Saturday and invitations were sent from her office. India is also called Bharat, Bharata, Hindustan - its pre-colonial names - in Indian languages and these are used interchangeably by the public and officially. High offices in the country have typically stuck to titles such as President of India, Prime Minister of India and Chief Justice of India while communicating in English. Supporters of the name change in the invitation said British colonial rulers had coined the name India to overshadow Bharat and forge a British legacy. Hindu groups linked to BJP said the G20 summit provided the best opportunity to shed India's colonial baggage.

Persons: Adnan Abidi, Droupadi, Bharat, Narendra Modi's, Rajeev Chandrasekhar, Mamata Banerjee, Shashi Tharoor, Rupam Jain, YP Rajesh, Alexandra Hudson Organizations: REUTERS, Bharatiya Janata Party, BJP, Bharat, INDIA, Developmental, Alliance, Reuters, YP, Alexandra Hudson Our, Thomson Locations: New Delhi, India, DELHI, Bharata, Hindustan, British, INDIA

☆ What is the G20 and what are the key issues for the 2023 Delhi summit?
▼ + stars: | 2023-09-04 | by ( ) www.reuters.com time to read: +2 min

[1/2] A paramilitary soldier stands guard outside Le Meridien hotel during a rehearsal ahead of the G20 Summit in New Delhi, India, September 2, 2023. REUTERS/Adnan Abidi Acquire Licensing RightsNEW DELHI, Sept 4 (Reuters) - Leaders of the world's richest and most powerful countries will attend the two-day G20 Summit in India's capital New Delhi starting September 9. Security is being provided by anti-drone systems, cutouts of langurs to scare away monkeys and 130,000 police and para-military personnel. Although only treasury chiefs met in the initial years, heads of all member nations decided to meet once a year for a leaders' summit post the 2008 financial crisis. SUMMIT THEMEIndia's G20 theme is derived from the Sanskrit phrase "Vasudhaiva Kutumbakam" which translates to “The World is One Family".

Persons: Le, Adnan Abidi, Aftab Ahmed, Shivangi, Raju Gopalakrishnan Organizations: REUTERS, European Union, Moscow, Thomson Locations: Le Meridien, New Delhi, India, DELHI, India's, Argentina, Australia, Brazil, Canada, China, France, Germany, Indonesia, Italy, Japan, South Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, United Kingdom, United States, Ukraine, Western

That means the two-day summit from September 9 will be dominated by the West and its allies. The G20 leaders who will attend include U.S. President Joe Biden, German Chancellor Olaf Scholz, French President Emmanuel Macron, Saudi Arabia's Mohammed Bin Salman and Japan's Fumio Kishida. "If the leaders' summit is a flop, New Delhi and especially Modi will have suffered a major diplomatic, and political, setback," Kugelman said. "The positions have hardened since the Bali Summit," a senior Indian government official told Reuters, referring to the 2022 summit held in Indonesia. Lavrov said last week Russia will block the final declaration of the G20 summit unless it reflects Moscow's position on Kyiv and other crises.

Persons: Adnan Abidi, Li Qiang, Xi Jinping, Vladimir Putin's, Joe Biden, Olaf Scholz, Emmanuel Macron, Saudi Arabia's Mohammed Bin Salman, Japan's, Michael Kugelman, Narendra Modi, Modi, Kugelman, Joko Widodo, Justin Trudeau, Sergei Lavrov, Putin, battlelines, Trudeau, Ukraine's Volodymyr Zelenskiy, Zelenskiy, Lavrov, David Boling, N.K, Singh, Larry Summers, Katya Golubkova, Kentaro Sugiyama, Sakura Murakami Organizations: REUTERS, West, South Asia Institute, Wilson Center, Indian, New, Reuters, Bali, Canada's, Russian, Diplomats, Eurasia Group, Thomson Locations: New Delhi, India, DELHI, Ukraine, China, Russia, Saudi, Washington, Bali, Indonesia, Indonesian, CHINA, Brazil, South Africa, Johannesburg, U.S, Tokyo

☆ G20 New Delhi summit 2023: Which countries and leaders will attend?
▼ + stars: | 2023-09-04 | by ( ) www.reuters.com time to read: +5 min

A paramilitary soldier stands guard outside Le Meridien hotel during a rehearsal ahead of the G20 Summit in New Delhi, India, September 2, 2023. BRITISH PRIME MINISTER RISHI SUNAKSunak is expected attend the summit on his first official trip to India as Britain's prime minister. GERMAN CHANCELLOR OLAF SCHOLZScholz has said the upcoming G20 summit in India remains important despite the absence of Russia and China. SOUTH AFRICAN PRESIDENT CYRIL RAMAPHOSARamaphosa has expressed full support for India's G20 presidency while conveying his intent to attend the summit. BANGLADESH PRIME MINISTER SHEIKH HASINABangladesh Prime Minister Sheikh Hasina is likely to attend the G20 summit in New Delhi, according to Indian media reports.

Persons: Le, Adnan Abidi, JOE BIDEN Biden, Biden, XI, Li Qiang, Xi Jinping, Xi, VLADIMIR PUTIN, Sergei Lavrov, Vladimir Putin, Putin, JUSTIN TRUDEAU Trudeau, Ukraine's Volodymyr Zelenskiy, Zelenskiy, RISHI SUNAK Sunak, KISHIDA, ANTHONY ALBANESE, YOON SUK, YEOL Yoon, OLAF SCHOLZ Scholz, EMMANUEL MACRON, Modi, SAUDI ARABIA'S CROWN PRINCE MOHAMMED BIN SALMAN, CYRIL RAMAPHOSA Ramaphosa, TAYYIP ERDOGAN, ALBERTO FERNANDEZ Fernandez, BOLA TINUBU Tinubu, LUIZ INACIO LULA DA SILVA, URSULA VON DER, CHARLES MICHEL The, SHEIKH HASINA, Sheikh Hasina, ANDRES MANUEL LOPEZ OBRADOR, JOKO, Aftab Ahmed, Shivangi, Nick Macfie Organizations: REUTERS, Criminal Court, ICC, BRITISH, AUSTRALIAN, SOUTH, Associated Press, SAUDI ARABIA'S CROWN, African Union, NIGERIA'S, LUIZ INACIO LULA DA SILVA Brazil, OF, EUROPEAN, CHARLES MICHEL The European Union, BANGLADESH, Thomson Locations: Le Meridien, New Delhi, India, DELHI, India's, Ukraine, U.S, RUSSIAN, Russia, South Africa, Africa, Indonesia, Philippines, China, Saudi, SHEIKH HASINA Bangladesh, Bangladesh, MELONI Italy

REUTERS/Adnan Abidi/File Photo Acquire Licensing RightsCompanies Coal India Ltd FollowSINGAPORE, Sept 4 (Reuters) - India has stepped up the use of coal to generate electricity in a bid to stop outages caused by lower hydroelectricity output, and as an increase in renewables is struggling to keep pace with record power demand. Demand typically peaks in May, when Indians crank up air-conditioners to beat the heat, and industries operate without rain-related disruptions. Coal's share in power output rose to 66.7% in August - the highest for the month in six years, according to a Reuters analysis of government data. The government has repeatedly defended the use of coal citing lower per capita emissions compared with richer nations, and rising renewable energy output. India's peak demand - the maximum capacity required during any time of the day - rose to a record 243.9 gigawatts (GW) on Aug. 31, the Grid India data showed, exceeding available capacity by 7.3 GW.

Persons: Adnan Abidi, Sudarshan, Robert Birsel Organizations: REUTERS, Companies Coal India, India, Grid, Thomson Locations: Delhi, India, China

☆ Mohamed Al-Fayed dead at 94
▼ + stars: | 2023-09-01 | by ( Rob Picheta | ) edition.cnn.com time to read: +5 min

Al-Fayed for decades insisted the pair were murdered, despite inquiries finding otherwise, and was scornful towards the British royal family in his later life. After 1997, when a car crash claimed the lives of his son and Diana, Al-Fayed would frequently sling insults at the British royal family and became persona non grata among parts of the country’s elite. Al-Fayed was questioned by police in 2008 in relation to a sex assault allegation that he denied, a Harrods spokesperson said at the time. He eventually sold the store to the Qatari royal family in 2010, for a reported $2.25 billion. Al-Fayed had six children, including Dodi and the environmentalist entrepreneur Omar Fayed.

Persons: Mohamed Al, Fayed, Diana , Princess of Wales, “, Mohamed Al Fayed, Mohamed, Diana, Dodi Fayed, Samira, Adnan Khashoggi, Forbes, Kurt Geiger, Fayed’s, Fraser, Roland “ Tiny ” Rowland, Rowland, Al, ”, Michael Jackson, Omar Fayed Organizations: CNN, Fulham Football Club, Fulham FC, Ritz Hotel, Punch, Hyde, Harrods, Fulham, Premier League Locations: London, Harrods, Paris, Al, Alexandria, Egypt, Saudi, Manhattan, Mayfair

☆ Factbox: Developing countries in the grip of debt problems
▼ + stars: | 2023-09-01 | by ( ) www.reuters.com time to read: +8 min

In June, it clinched a $6.3 billion debt rework deal with the "Paris Club" creditor nations and its other big bilateral lender China. Another part of the domestic debt plan has faced delays, though, with a key deadline on a Treasury bond exchange delayed three times and now set for Sept. 11. Failure to complete the domestic debt overhaul by then could result in delays both in terms of IMF disbursements and talks with creditors. The government recently agreed to tackle roughly $4 billion of its domestic debt via a pension fund debt swap operation and a dollar-denominated bonds exchange. Cairo has a $3 billion IMF programme and has devalued the pound by roughly 50% since February 2022.

Persons: Adnan Abidi, Nandalal Weerasinghe, Kais Saied, Nayib Bukele, William Ruto's, Donald Trump, Libby George, Marc Jones, Mark Potter Organizations: REUTERS, China, SRI, SRI LANKA Sri, Sri Lanka Development, Sri, Monetary Fund, IMF, UAE, Observers, European Union, SALVADOR, World Bank, African Development Bank, Presidential, Republican, Thomson Locations: New Delhi, India, Delhi, ZAMBIA Zambia, SRI LANKA, SRI LANKA Sri Lanka, China, GHANA Ghana, Zambia, Ghana, PAKISTAN Pakistan, Saudi Arabia, TUNISIA, North, Tunisia, EGYPT Egypt, Cairo, Salvador, KENYA, Kenya, UKRAINE Ukraine, Ukraine, Russia, LEBANON Lebanon

A G20 logo is pictured in front of the main venue of the summit in New Delhi, India, August 24, 2023. The heads of the United Nations, International Monetary Fund, World Bank, World Trade Organisation and World Health Organisation will also be present. DEFENCE IN THE SKIESThe city will be guarded by nearly 130,000 security personnel, including the 80,000-strong Delhi Police, officials said. Modi inaugurated a $300 million venue in the capital in July to host the summit meeting - a conch shell-shaped building that can seat more than 3,000. The government has also leased 20 bullet-proof limousines at a cost of 180 million Indian rupees ($2.18 million) for ferrying leaders.

Persons: Adnan Abidi, Narendra Modi, Joe Biden, Rishi Sunak, Saudi Arabia's Mohammed Bin Salman, Xi Jinping, Vladimir Putin, Sergei Lavrov, Dependra Pathak, Pathak, Ranvir Singh, Biden, Modi, Rupam Jain, Raju Gopalakrishnan Organizations: REUTERS, NEW, India, British, Foreign, United Nations, International Monetary Fund, World Bank, World Trade Organisation, World Health, Delhi Police, Border Security Force, Indian Air Force, Reuters, Thomson Locations: New Delhi, India, Delhi, NEW DELHI, U.S, Saudi, Beijing, Japan, Australia, France, Germany, Ukraine, Pragati, Gurugram, New, Arunachal Pradesh, Srinagar, Kashmir

☆ Byju's business head resigns amid reorganisation at Indian startup
▼ + stars: | 2023-08-29 | by ( ) www.reuters.com time to read: +2 min

A man walks past an advertising hoarding of Byju's, an Education Technology company and one of India's biggest startup, outside one of its branch in New Delhi, India, June 23, 2023. REUTERS/Adnan Abidi/File Photo Acquire Licensing RightsBENGALURU, Aug 29 (Reuters) - Byju's Chief Business Officer, Prathyusha Agarwal, and two other senior executives have resigned as the struggling Indian ed-tech startup restructures its business and operations, a company spokesperson said on Tuesday. Two other business heads - Himanshu Bajaj and Mukut Deepak - have also left, the company, once India's most valuable startup, said. Byju's has let go of thousands of employees this year as it grapples with multiple legal and financial woes. Reuters has reported that Byju's will file 2022 audited earnings by September and 2023 results by December.

Persons: Adnan Abidi, Prathyusha Agarwal, Agarwal, Himanshu Bajaj, Mukut Deepak, BYJU'S, Moneycontrol, Byju's, Mohandas Pai, Rajnish Kumar, Pranav Kiran, Navamya Ganesh, Nivedita Organizations: Education Technology, REUTERS, Rights, Byju's, Zee Entertainment Enterprises, Prosus NV, Deloitte, Reuters, State Bank of India, Thomson Locations: New Delhi, India, Bengaluru

The lessors have so far unsuccessfully argued in Indian courts to get their planes back, citing concerns that parts could go missing and hurt their assets. In a non-public filing dated July 28 and reviewed by Reuters, ACG submitted pictures and details to the Delhi High Court, listing missing parts from two Airbus A320 planes it inspected. These included the captain's "side stick" used to fly the aircraft, a tiller that helps steer it while on the ground, engine fan blades that were "completely missing", a partly missing toilet seat and an escape slide that had been removed. The filing does not say who took out the parts or how they went missing. Go First, whose lessors also include Standard Chartered's Pembroke Aircraft Leasing, SMBC Aviation and BOC Aviation, did not respond to a request for comment.

Persons: Adnan Abidi, ACG, Pratt, Aditi Shah, Aditya Kalra, William Mallard Organizations: REUTERS, NEW, Go, ACG Aircraft Leasing, Bankruptcy, Reuters, Court, Airbus, Pembroke Aircraft Leasing, SMBC Aviation, BOC Aviation, Raytheon, Whitney, Thomson Locations: New Delhi, India, NEW DELHI, Ireland, Delhi, U.S

☆ India counts down to crucial moon landing
▼ + stars: | 2023-08-23 | by ( ) www.reuters.com time to read: +2 min

India's mission - Chandrayaan means "moon vehicle" in Hindi and Sanskrit - is its second attempt to land there. "Landing on the south pole (of the moon) would actually allow India to explore if there is water ice on the moon. Prime Minister Narendra Modi will watch the landing from South Africa, where he is attending the ongoing BRICS summit, media reported. Rough terrain makes a south pole landing difficult, and a first landing would be historic. For India, a successful moon landing would mark its emergence as a space power as Prime Minister Narendra Modi's government looks to spur investment in private space launches and related satellite-based businesses.

Persons: Russia's Luna, ISRO's, Carla Filotico, Adnan Abidi, Narendra Modi, Narendra Modi's, Shilpa Jamkhandikar, Gerry Doyle Organizations: Indian Space Research, SpaceTec Partners, REUTERS, Thomson Locations: MUMBAI, India, Russian, New Delhi, South Africa

☆ Middle East - Latest News, Investigations and Analysis
▼ + stars: | 2023-08-17 | by ( Elvan Kivilcim | Ghassan Adnan | ) www.wsj.com time to read: 1 min

In Istanbul’s Grand Bazaar, Demand for Gold and Dollars SoarsPeople are pouring money into assets that they see as a safer bet than the Turkish lira, which has declined by more than 80% in the past five years.

☆ Air India unveils new logo in rebranding push under Tata Group
▼ + stars: | 2023-08-10 | by ( Aditi Shah | ) www.reuters.com time to read: +2 min

REUTERS/Adnan Abidi/File PhotoNEW DELHI/BENGALURU, Aug 10 (Reuters) - Tata Group on Thursday unveiled a new logo, branding and plane livery for Air India as part of a multi-million dollar transformation of the former state-run carrier. The airline's new logo includes a design with golden, red and purple colours, and will replace the old logo of a red swan with orange spokes. Since taking control in 2022, Tata has spent millions of dollars to update Air India's old planes, while also placing an order for hundreds of new jets. "The vision we have for the airline is also in the backdrop of a new resurgent India where the aspirations of everyone are limitless," Air India chairperson N. Chandrasekaran said. Over the past year, Air India has expanded its network and flights to several new domestic and international destinations, but it still faces challenges in operating a seamless and timely schedule of flights.

Persons: Adnan Abidi, Campbell Wilson, Tata, Chandrasekaran, Wilson, Aditi Shah, Ganesh, Arun Koyyur Organizations: REUTERS, Tata Group, Air India, Tata, IndiGo, Emirates, Air, Thomson Locations: New Delhi, DELHI, BENGALURU, India, Air India, Bengaluru

☆ India succeeds in reducing emissions rate by 33% over 14 years - sources
▼ + stars: | 2023-08-09 | by ( Sarita Chaganti Singh | ) www.reuters.com time to read: +3 min

REUTERS/Adnan Abidi/File PhotoNEW DELHI, Aug 9 (Reuters) - India's greenhouse emissions rate dropped by a faster-than-expected 33% in 14 years as renewable energy generation rose and forest cover increased, according to two officials privy to latest assessment made for submission to the United Nations. India's rate of emissions intensity - the total amount of greenhouse gas emissions emitted for every unit increase of gross domestic product (GDP) - fell by 33% from 2005 to 2019, officials privy to the preparations of the Third National Communication (TNC) report said. India's average rate of reduction in emissions increased to 3% annually in the period 2016-2019, from just about 1.5% in the period 2014-2016. The progress made on reducing emissions intensity should help India avert pressure by developed nations to stop using coal, the second official said. Recently, India has also been trying to promote green hydrogen, manufactured by splitting water molecules using renewable energy.

Persons: Adnan Abidi, Sarita Chaganti Singh, Simon Cameron, Moore Organizations: REUTERS, United Nations, National Communication, Reuters, Reuters . Central Electricity Authority, Reuters Graphics Reuters, Thomson Locations: New Delhi, India

REUTERS/Adnan Abidi/file photoMOIRANG/CHURACHANDPUR, India, Aug 8 (Reuters) - In the sectarian violence that has ravaged India's Manipur state, women have been victims of brutal attacks. Kukis say a loosely formed group of Meitei women, known as Meira Paibis, or Women Torchbearers, is responsible for instigating some of the rapes of women of the minority community. India's Supreme Court announced this week that it will monitor investigations into cases of sexual violence in the state. "Meira Paibis does not differentiate between Kuki or Meitei," she said, speaking alongside a group of other Meitei women. WORSE THAN ANARCHYThe women said they had heard of nine Meitei women being raped, but they had no evidence and were not directly aware of any incidents.

Persons: Adnan Abidi, Praveen Donthi, Narendra Modi's, Rajiv Singh, Paibis, Moirangthen Thoibi Devi, Ngainekim, Mukul Kesavan, ”, Thoibi Devi, Meira Paibis, Vak, Krishn Kaushik, Raju Gopalakrishnan Organizations: REUTERS, Reuters, Crisis, Security, Police, Kuki Women Organisation, Human Rights, Assam Rifles, Thomson Locations: Kangvai, Churachandpur district, Manipur, India, CHURACHANDPUR, Myanmar, Imphal, Moirang, East Imphal, Kuki

☆ Hindus, Muslims clash in India's Haryana as trouble spreads
▼ + stars: | 2023-08-07 | by ( Sakshi Dayal | ) www.reuters.com time to read: +2 min

A family rides on a motorcycle on a deserted road during a curfew imposed by authorities following clashes between Hindus and Muslims in Nuh district of the northern state of Haryana, India, August 1, 2023. Six people have been arrested," said Mayank Mishra, assistant superintendent of police in Panipat district, 200 km away from where the trouble began last week. Tension between members of India's majority Hindu community and minority Muslims has periodically flared into deadly violence for generations. Despite the latest trouble, the district magistrate of business hub of Gurugram lifted prohibitory orders in place since last week, saying that "normalcy has returned". Some Muslims in Gurugram say men have been coming to their communities and threatening them with violence unless they leave.

Persons: Adnan Abidi, Mayank Mishra, Narendra Modi, Amuta Sarkar, LiveLaw, Sakshi Dayal, Robert Birsel Organizations: REUTERS, Bharatiya Janata Party, Reuters, Court, Police, Thomson Locations: Nuh district, Haryana, India, Indian, Gurugram, Panipat district, Punjab, Nuh

☆ Byju’s blowup makes its investors look bad
▼ + stars: | 2023-08-07 | by ( Pranav Kiran | ) www.reuters.com time to read: +4 min

REUTERS/Adnan Abidi/File Photo/File PhotoBENGALURU, Aug 7 (Reuters Breakingviews) - Byju’s says it provides learning programs to over 150 million students. The biggest lesson may be for the Indian education giant’s global investors including Prosus (PRX.AS) and Peak XV, formerly part of Sequoia, who watched founder power run amok in a country they have pinned high hopes on. But so long as the blowup at the hot startup once valued at $22 billion goes from bad to worse, its backers will struggle to create enough distance. For early supporter Peak XV Partners, the mess comes at a sensitive time, hot on the heels of announcing a separation from its U.S. parent. Representatives of the Amsterdam-listed investor and Peak XV Partners, formerly Sequoia’s India unit, both quit Byju’s board in June.

Persons: Adnan Abidi, Byju Raveendran, Davidson, Byju’s, Reuters Breakingviews, Prosus, Una Galani, Thomas Shum Organizations: REUTERS, Reuters, Bloomberg, XV Partners, HK, Thomson Locations: New Delhi, India, BENGALURU, Sequoia, U.S, Byju’s, Amsterdam, China, Delaware

☆ Hindu-Muslim riots expose risk at major Indian business hub
▼ + stars: | 2023-08-03 | by ( Rupam Jain | ) www.reuters.com time to read: +4 min

Seven people were killed and over 70 injured in rioting in Nuh and Gurugram districts of Haryana state after a Hindu religious procession was targeted and a mosque attacked in retaliation. Gurugram, formerly known as Gurgaon, is a city of over 1.5 million people that shares a border with New Delhi. "Muslim men attacked the Hindu procession and killed many of our people," said Praveen Babbar, a leader of Hindu Yuva Vahini (Hindu Youth Force). Haryana Police, however, said they acted swiftly and prevented riots from spreading, and that two of its men were killed in the violence. Reporting by Rupam Jain, Additional reporting by Sakshi Dayal; Editing by YP Rajesh and Raju GopalakrishnanOur Standards: The Thomson Reuters Trust Principles.

Persons: Adnan Abidi, Anil Vij, Vij, Ernst &, Gurugram, Narendra Modi's, Praveen Babbar, Aftab Ahmed, Tara Kartha, Rupam Jain, Sakshi Dayal, YP Rajesh, Raju Gopalakrishnan Organizations: REUTERS, Bharatiya Janata Party, BJP, nab, Reuters, Fortune, American Express, Dell, Samsung, Ernst, Ernst & Young, Deloitte, Hindu, Force, Haryana Police, Analysts, of Peace, YP, Thomson Locations: Nuh district, Haryana, India, Delhi, Nuh, Gurugram, Gurgaon, New Delhi, Suzuki's, India's, Nuh's

REUTERS/Adnan Abidi/File PhotoNEW DELHI, Aug 3 (Reuters) - India has restricted imports of laptops, tablets and personal computers with immediate effect, according to a government notice on Thursday, in a bid to push local manufacturing. In April-June, electronics imports, which include laptops, tablets and personal computers, was $19.7 billion, up 6.25% year-on-year. Electronics imports range between 7% to 10% of the country's total merchandise imports. "The move's spirit is to push manufacturing to India. India has been trying to push local manufacturing by giving production-linked incentives in over two dozen sectors, including electronics.

Persons: Adnan Abidi, It's, Ali Akhtar Jafri, Madhavi Arora, Shivam Patel, Shivangi Singh, Sudipto Ganguly, Raju Gopalakrishnan Organizations: REUTERS, Electronics, Dell, Samsung, LG Electronics, Apple Inc, Lenovo, HK, HP Inc, Dixon Technologies, Emkay, India Cellular and Electronics Association, Thomson Locations: New Delhi, India, China, Mumbai

Search resuls for: "Adnan"

25 mentions found