Engineering conglomerate Larsen & Toubro (L&T) on Tuesday announced it will acquire a 21 per cent stake in an Indian cloud and AI cloud provider, in an all-cash transaction of Rs 1,327 crore.

L&T also announced a strategic partnership with the AI cloud company.

In a two part deal, L&T proposes to acquire a total of 4.17 million equity shares of Networks, or 21 per cent stake.

Apollo Green Energy Limited (AGEL), a subsidiary of Apollo International Group, on Tuesday announced its plans to establish a Rs 10,000 crore project portfolio by 2025. Its current order book is valued at Rs 3,500 crore and active solar projects worth Rs 2,500 crore are under development across India, the company said. This comes as the company prepared for a public listing in 2025.

With revenue growth from Rs 324.83 crore in financial year 2021-22 to Rs 1,174.77 crore in FY24, the firm believes it is well-positioned to sustain this momentum into FY25.

The Andhra Pradesh government will soon call fresh tenders for the state capital development works here, state Municipal Minister P Narayana has said.

Addressing reporters after the 39th Capital Region Development Authority (CRDA) meeting, Narayana said, World Bank agreed to give Rs 15,000 crore for Amaravati development works but insisted on completing flood prevention works as soon as possible.

On the night before Election Day, at campaign events across the country, celebrities turned out in force for Kamala Harris' presidential bid.

The battleground state of Pennsylvania was particularly starry: In Pittsburgh, the vice president's rally featured Cedric the Entertainer, Katy Perry and Andra Day. In Philadelphia, the finale of Harris' daylong dash across Pennsylvania, performers and presenters included DJ Cassidy, Fat Joe and Ricky Martin.

Amid the Diwali celebration in the national capital, Delhi fire services received a record 400 calls of fire incidents on Friday, 80 more than the day before, making it the highest number of calls received within 24 hours.

According to Delhi Fire Services, they received 320 calls on October 31 and 400 calls on November 1.

AIMIM chief Asaduddin Owaisi took a dig at Prime Minister Narendra Modi, saying the recently appointed chairman of Tirumala Tirupati Devasthanams (TTD) has announced the Hindu-only staff policy in Tirumala, whereas the NDA government at the Centre wants to induct non-Muslims in Waqf Boards.

In a post on X on Friday night, he said, Tirumala Tirupati Devasthanams' chairman says that only Hindus should work in Tirumala.

The ruling CPI(M) in Kerala on Saturday took a dig at the BJP, which is in a tough situation following a former party functionary's revelations about the 2021 Kodakara black money case, by saying that it should "change its party symbol from lotus to a sack".

Kerala PWD Minister P A Mohamed Riyas also attacked the opposition Congress by accusing it of being silent on the lack of any action in the black money case by the Enforcement Directorate (ED).

The Congress on Saturday called for a probe into alleged "blackmail" and "coercion" used to bring NCP leader Ajit Pawar into the NDA fold and said the BJP's "washing machine" was nowhere more powerful than in Maharashtra.

Congress general secretary in-charge communications Jairam Ramesh cited Maharashtra Deputy Chief Minister Ajit Pawar's recent remarks to claim that the issue involved not just the use of "coercion and blackmail" but also breach of the oath of confidentiality and the Official Secrets Act.

The US has imposed sanctions on 275 individuals and entities, including 15 from India, for allegedly supporting Russia's military-industrial base.

As per the list released by the Department of Treasury, the India-based companies are Abhar Technologies and Services Private Limited; Denvas Services Private Limited; Emsystech; Galaxy Bearings Ltd; Orbit Fintrade LLP; Innovio Ventures; KDG Engineering Private Limited; and Khushbu Honing Private Limited.

Former President Donald Trump is “unstable”, “obsessed with revenge” and is “out for unchecked power”, Vice President and Democratic candidate Kamala Harris said on Friday in an unprecedented attack on her Republican rival ahead of next week’s US election. In a rally in Las Vegas, 60-year-old Harris, who is of Indian and African heritage, said Trump, 78, is all about “hate” and more division and that he would bring an “enemies list” to the White House, while she would carry a “to-do list” of priorities.

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