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YES Bank likely to acquire Bengaluru's Ritz Carlton from NEL Holdings

YES Bank likely to acquire Bengaluru's Ritz Carlton from NEL Holdings

YES Bank may soon take over Bengaluru's iconic Ritz Carlton hotel. The hotel's holding company, NEL Holdings South Ltd, has failed to repay the Rs 300 crore it owes to the bank, a report by Mint stated.

After the acquisition, the bank will either sell it to a new buyer or find a suitor when it files the case in the National Company Law Tribunal (NCLT), the report added.

Bihar CM Nitish Kumar on two-day visit to Delhi, to meet Opposition leaders

Bihar CM Nitish Kumar on two-day visit to Delhi, to meet Opposition leaders

In a bid to unite the opposition for the 2024 Lok Sabha election, Bihar Chief Minister Nitish Kumar will be in Delhi on Monday to meet the leaders of the Congress, Left and other regional parties.

After holding the customary Janata Darbar programme in Patna, Nitish Kumar will go to Delhi and stay there for two days.

Reliance Power, subsidiary to raise up to Rs 1,200 cr from Varde Partners

Reliance Power, subsidiary to raise up to Rs 1,200 cr from Varde Partners

Reliance Power along with its subsidiary has entered a memorandum of understanding with investment firm Varde Partners for availing debt of up to Rs 1,200 crore, it said on Monday.

Reliance Power said the debt will be used for settlement and discharge, acquisition and restructuring of certain financial instruments.

World's first coronavirus vaccine you can inhale approved in China

World's first coronavirus vaccine you can inhale approved in China

China became the first country to approve a needle-free, inhaled version of a Covid-19 vaccine made by Tianjin-based CanSino Biologics Inc., pushing the company’s shares up as much as 14.5% Monday morning in Hong Kong.

China’s National Medical Products Administration approved CanSino’s Ad5-nCoV for emergency use as a booster vaccine, the company said in a statement to the Hong Kong Stock Exchange on Sunday.

Google removes record 137,657 pieces of bad content in India in July

Google removes record 137,657 pieces of bad content in India in July

Google has removed a record 137,657 pieces of bad content based on user complaints in July this year in compliance with the new India IT Rules, 2021.

Most of the content it removed were related to copyright violations (135,341), while other categories included trademark, court order, graphic sexual content, circumvention, and others.

Over one-third of Pakistan underwater amid its worst floods in history

Over one-third of Pakistan underwater amid its worst floods in history

More than one-third of Pakistan is underwater amid its worst floods in history, according to satellite images from the European Space Agency (ESA).

As deadly floodwaters threaten to create secondary disasters, food is in short supply after water covered millions of acres of crops and wiped out hundreds of thousands of livestock, reported CNN.

West Indies legend Brian Lara appointed head coach of Sunrisers Hyderabad

West Indies legend Brian Lara appointed head coach of Sunrisers Hyderabad

West Indies batting legend Brian Lara on Saturday was appointed as the new head coach of 2016 IPL champions Sunrisers Hyderabad. Lara, who was the strategic advisor and batting coach of the Sunrisers in the 2022 IPL season, succeeds Tom Moody for the top position in the upcoming seasons of the tournament.

"The cricketing legend Brian Lara will be our head coach for the upcoming #IPL seasons," announced the franchise through their official social media accounts.

Monkeypox infection linked to acute heart problem, shows new research

Monkeypox infection linked to acute heart problem, shows new research

In a first, a 31-year-old male with confirmed monkeypox infection developed acute myocarditis (inflammation of the heart muscle) approximately one week following the onset of monkeypox symptoms, researchers have revealed.

According to a case study published in the journal JACC: Case Reports, the patient visited a health clinic five days following the onset of monkeypox symptoms, including malaise, myalgia, fever and multiple swollen lesions on the face, hands and genitalia.

Actor Ranveer Singh joins Indian startup story, invests in SUGAR Cosmetics

Actor Ranveer Singh joins Indian startup story, invests in SUGAR Cosmetics

Bollywood actor Ranveer Singh is the latest to join Indian startup story by becoming an investor in beauty company, SUGAR Cosmetics. The financial details of the investment were not disclosed.

Singh's announcement comes close on the $50 million series D funds raised by the company in June this year.

NTPC registers 62% growth in coal production from its captive mines

NTPC registers 62% growth in coal production from its captive mines

NTPC has produced 7.36 MMT of coal production as per data available on August 31, registering a robust growth of 62 per cent compared to 4.55 MMT achieved during the same period last year.

"With meticulous planning, resource mobilization, and regular monitoring, NTPC has achieved substantial growth even during the monsoon period so far, and is hopeful of sustaining the growth that will help in ensuring uninterrupted, reliable and affordable power generation," an official release said.

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