Zetwerk promoters pledge 32% of holding ahead of IPO

Bengaluru: Nearly a third of the shares held by Zetwerk’s founders and promoter group have been pledged against borrowings, with part of the arrangement set to remain in place even after the manufacturing company’s proposed IPO.According to Zetwerk’s updated draft prospectus, around 10.2 crore shares, or 32.18% of the combined holding of the promoters and…

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Redcliffe Labs partners Skyroot to test diagnostics in space

Hyderabad: Diagnostic services provider Redcliffe Labs on Friday said it has joined hands with Skyroot Aerospace to explore the future of diagnostics in space. The collaboration will study how diagnostic materials perform in space, marking what the companies describe as India’s first partnership between diagnostics and private space science.Noida-headquartered Redcliffe said its diagnostic research capabilities…

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Ananta posts apology for Netaji remarks

Jalpaiguri/Kolkata: BJP Rajya Sabha MP Ananta Maharaj apologised on Friday for remarks on Netaji Subhas Chandra Bose, prompting CM Suvendu Adhikari to say that while the MP’s actions were beyond forgiveness, considering his age, it will be “looked at positively”.Ananta was stripped of the Banga Bibhushan and he and his aides are facing multiple FIRs…

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Assam civil society group calls for probe into ‘lapses’ in flood response

Villagers wade through a flooded road after heavy rainfall at Amoni in Nagaon district Guwahati: People’s science organisations have sought a neutral inquiry into Assam’s July floods, alleging lapses in warnings and emergency response.The organisations demanded a high-level probe into the July 19-21 floods in Charaideo, Sivasagar, Jorhat and Golaghat to determine their causes. These…

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In 1870, a former slave and Union soldier staked a homestead in Nebraska; drought and grasshoppers cost him the claim, but he eventually owned more than 2,000 acres

Homestead soddy in Box Butte County. Source: History Nebraska – Nebraska.gov In 1870, Robert Ball Anderson, a former slave and Union Army veteran, filed a claim for a 160-acre homestead in Butler County, Nebraska. Severe drought and grasshopper swarms destroyed his crops, forcing him to give up the property.Instead of abandoning his goals, Anderson spent…

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‘He can become news very quickly, if he doesn’t know how to keep his ducks

Actor R Madhavan has often spoken about raising his son Vedaant Madhavan with strong values and discipline, despite his privileged background. Vedaant, 20, who is an international freestyle swimmer, has represented India in many championships. In a recent interview, Madhavan spoke about his parenting style for his son. The actor also admitted that while Vedaant…

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ACB opposes bail to ex-DGHS, CPA official in medical procurement scam

New Delhi: Delhi govt’s Anti-Corruption Branch (ACB) Friday opposed interim bail to former Director General of Health Services (DGHS) Vatsala Aggarwal and co-accused Dr Vinod Kumar Ranga in the alleged Rs 700-crore medical procurement scam, alleging they colluded to concentrate decision-making powers in their hands to favour bidders like alleged mastermind Rajeev Kumar Rangeela, who…

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