The fresh funds are expected to be used to meet the company’s payment obligations. (Photo: Mint)
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Prime Minister Narendra Modi in Leh, the capital of the Union territory of Ladakh, on Friday.  (Photo: PTI)
Prime Minister Narendra Modi in Leh, the capital of the Union territory of Ladakh, on Friday. (Photo: PTI)

Modi takes a swipe at China, says expansionism is over

  • PM says India is committed to peace but this commitment should not be seen as weakness
  • Foreign secretary Harsh Vardhan Shringla briefed envoys of France, Germany, Japan US, Russia on the situation at LAC

The new measures, which will come into force from July 10, mean that people arriving from selected green or amber zone destinations will be able to enter England without needing to self-isolate. (Reuters)
The new measures, which will come into force from July 10, mean that people arriving from selected green or amber zone destinations will be able to enter England without needing to self-isolate. (Reuters)

UK opens quarantine-free travel to nearly 60 countries; India, US excluded

  • India and the US are among the countries excluded from the list of nearly 60 low-risk countries
  • Under COVID-19 lockdown related rules brought in last month, most travellers from any part of the world coming into the UK currently have to self-isolate for two weeks

Wirecard is also under scrutiny by authorities in jurisdictions including Singapore, Germany and the UK.  (Photo: Reuters)
Wirecard is also under scrutiny by authorities in jurisdictions including Singapore, Germany and the UK. (Photo: Reuters)

Wirecard’s ex-COO Marsalek’s India deals in focus

In one of the civil cases, the previous owners of Indian payments company Hermes I-Tickets Private Ltc., are suing former COO Jan Marsalek alongside Wirecard over allegations it made false claims about how much it paid to them at the time

The Uber logo is displayed on a mobile phone in this picture illustration. (REUTERS)

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Carlyle had acquired the stake in 2015 by purchasing shares from G.S.K. Velu
Dates for JEE and NEET were rescheduled for the second time since the lockdown. (Photo: HT)
Over seven vaccines are being researched in India  (Photo: Reuters)
Sensex advanced 177 points to 36,021
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The deal values Jio Platforms at an equity value of  ₹4.91 trillion and an enterprise value of  ₹5.16 trillion, RIL said in a statement on Friday. (Photo: Mint)
The deal values Jio Platforms at an equity value of 4.91 trillion and an enterprise value of 5.16 trillion, RIL said in a statement on Friday. (Photo: Mint)

Intel to invest $253.5 million in Jio

RIL has sold a total of 25.09% stake in Jio Platform so far to entities including Facebook, raising 1.17 trillion

Standalone shops in rural markets are helping fulfill supplies of white goods at a time when wholesale markets in large cities continue to work under restrictions (Mint)
Standalone shops in rural markets are helping fulfill supplies of white goods at a time when wholesale markets in large cities continue to work under restrictions (Mint)

White goods and appliances companies pin hopes on rural markets to lift sales

  • A normal monsoon, coupled with enhanced government schemes, could help households in rural markets spend on low-ticket consumer electronics
  • Companies are also seeing need-based, low-value consumer products such as LED bulbs selling at a faster clip

Union Power Minister R.K. Singh speaking to his state counterparts (Photo; @MinOfPower on Twitter)
Immediate aim of hospitality firms is to increase the footfall after a prolonged lockdown
Sunil Mittal, founder and chairperson of Bharti Enterprises
Photo: iStock
Representative image (Reuters)
Prime Minister Narendra Modi during his visit to a forward location in Nimu in Ladakh, Friday (PTI)
Prime Minister Narendra Modi during his visit to a forward location in Nimu in Ladakh, Friday (PTI)

'Era of expansionism is over, this is era of development': PM takes dig at China

  • Modi did not name China even once during his Leh visit, but his remarks slamming expansionism were a clear indication of whom they were targeted at
  • In his speech to soliders, Modi said India was committed to peace and friendship but this commitment to peace should not be seen as India's weakness

The JEE advanced will be held on September 27
India suspended all the domestic and international flight services in the last week of March (PTI)
India suspended all the domestic and international flight services in the last week of March (PTI)

International flights remain suspended till July 31

  • India suspended all the domestic and international flight services in the last week of March amid coronavirus outbreak
  • Air India and several other private domestic airlines have been operating flights under Vande Bharat Mission

Prime Minister Narendra Modi with soldiers who were injured in Galwan Valley Clash of 15 June
Photo: HT
Photo: HT

Government may defer JEE, NEET exams

  • The spike in coronavirus cases led to the scrapping of the CBSE Class 10 board exams scheduled between 1 July and 15 July
  • The board had said an optional examination will be conducted for class 12 students as soon as the situation becomes conducive

Since April, Delhi-NCR has recorded more than 15 quakes of low and medium intensity
At least 4,329 people tested positive for novel coronavirus in the Tamil Nadu in the last 24 hours (PTI)
China has almost half the planet’s pigs.
China has almost half the planet’s pigs.

New virus in China has scientists worried: Where did it come from?

A new research published in the Proceedings of the National Academy of Sciences showed the swine virus can replicate in cells lining the human airway, and can be efficiently transmitted among ferrets, an animal used to study flu viruses

ICSE and ISC students appearing for board exam before the coronavirus pandemic (Photo: Hindustan Times)
ICSE and ISC students appearing for board exam before the coronavirus pandemic (Photo: Hindustan Times)

CICSE board announces assessment scheme for cancelled board exams

  • Candidates will be assessed based on three parameters — best of three marks, percentage subject project work, subject project
  • Students will get an average of the best three percentage marks obtained from the subjects for which board exams have been conducted

Pani Puri being served on the machine
The new income tax slab rules applies from assessment year 2021-22.
Over 5,500 COVID-19 patients have recovered from the disease in Odisha (PTI)
Form 16 is needed by the employees to file their income tax returns.
Deepak Parekh, chairman of Housing Development Finance Corporation Limited. Photo: Mint
Photo: iStock
Rupee rose to 74.59 per US dollar at day's high against USD
Ranveer Singh’s action comedy Simmba became the first Hindi film to re-release in Australia after the lockdown
Ranveer Singh’s action comedy Simmba became the first Hindi film to re-release in Australia after the lockdown

Bollywood to reopen with mix of old and new films

  • Not just Bollywood, non-Hindi local language films are also testing waters across territories
  • In India, producers like Yash Raj Films, Reliance Entertainment and others are contemplating re-releasing hits like Sultan, War, and Tiger Zinda Hai, among others

Heavy to very rainfall expected to occur in Mumbai today, (ANI)
Colin Huang's fortune now stands at $30 billion
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