G7 officials to convene and address challenges of ChatGPT like generative AI Tools. All details
G7 nations will convene to address challenges posed by generative AI tools like ChatGPT. The newly established ‘Hiroshima AI process’ aims to foster Discussions and deliberations on the rapid expansion of AI. In their inaugural meeting on May 30, G7 officials will focus on AI-related concerns. Key Points
mintAster Healthcare's promoters in talks with private equity groups, look to sell India business
Aster DM Healthcares founder Azad Moopen is in talks to sell a controlling stake in the India-listed hospital company to private equity firms including Blackstone and KKR. The company operates 32 hospitals in West Asia and India, as well as clinics, pharmacies, laboratories and patient experience centres. The Discussions are preliminary and focus on a reverse merger with Care Hospitals, though both funds reportedly want a controlling stake or agreed path to control. Key Points
Economic TimesDutch SPAC in advanced talks to acquire electric vehicle group
SPEAR Investments I (SPR1.AS), a special purpose acquisition company (SPAC), is in advanced Discussions to acquire QEV Technologies, a Spanish electric vehicle firm, at a valuation of 209 million euros ($234 million), the companies said on Thursday. Key Points
ReutersIndia, Australia free trade pact talks in June, July: FS Vinay Kwatra
The India-Australia Economic Cooperation and Trade Agreement (IndAusECTA) came into effect on December 29, 2022. The ECTA was signed on April 2, 2022, and ratified on November 21, written notifications were exchanged on November 29 and after 30 days, the Agreement came into force. Key Points
Economic TimesEcommerce, food-delivery firms face new trouble as government eyes related party services ban
The Consumer Affairs Ministry is leading the latest round of deliberations which were held earlier this month, sources added. There has also been an inter-ministerial discussion with the Department for Promotion of Industry and Internal Trade (DPIIT) and The Ministry of Electronics and Information Technology ( MeitY). Key Points
Economic TimesAstraZeneca warns of shifting UK vaccine production to US, FT reports
(Reuters) -AstraZeneca has warned it could relocate its vaccine manufacturing site from the UK to the U.S. amid a deadlock with the new Labour government over plans to cut state aid, the Financial Key Points
ThePrintBJP LS Polls 2024 Second Candidate List: Here are likely names that may be included or dropped
BJP conducted its second central election committee meeting, possibly the last one, with Prime Minister Narendra Modi and other senior leaders present. The meeting extended into late hours on Monday, and the party is expected to reveal candidates for over 150 seats on Tuesday. Last week, after the initial central election committee (CEC) meeting, the party had already disclosed a list of 195 candidates. States like Andhra Pradesh, Maharashtra, Karnataka, and Haryana were deliberated upon, covering approximately 100 seats where Discussions took place in the first CEC, although candidate announcements were deferred. Key Points
Economic TimesIndia negotiating trade pact with EU, UK, Sri Lanka, Peru
India-Sri Lanka Economic and Technology Cooperation Agreement (ECTA) negotiations are ongoing with the 12th round of negotiations conducted from 30th October to 1st November 2023 in Colombo, it said. It added that both sides also agreed to continue Discussions on matters, including apparel quotas and pharmaceutical procurement. Key Points
Economic TimesTwo more rounds of talks likely for IPEF to conclude: Sources
While the legal scrubbing of the Supply Chain Agreement - which was finalised in May - is on, Discussions are moving fast on the clean economy and fair economy pillars, said people aware of the matter. The fourth round of IPEF negotiations took place from July 9-15 in South Korea. India is yet to take a call on joining the trade pillar of the IPEF. Key Points
Economic TimesVedanta Resources Ltd taps global banks for $500-600 million loan
VRL, headquartered in London, aims to borrow the money through its Zinc International unit. Following delays in securing funds from Farallon Capital Management, VRL has resumed Discussions with banks to explore alternative financing options. Key Points
Economic TimesIndia moots 3-pt plan to fully revive dispute settlement body
India emphasizes restoring the appellate body as the top priority in the WTO dispute settlement system reform. New Delhi proposes a three-point action plan, opposes the EU's MPIA proposal, and calls for formalizing ongoing informal discussions. Disputes can be settled through adjudication or a mutually agreed solution. Key Points
Economic TimesStrong case to hike coal prices, could happen soon: CIL chairman
"There will be a lot of problems if prices are not hiked. Discussions are underway with stakeholders... It will happen very soon," Pramod Agrawal said at the Indian Coal Markets Conference here organized by Mjunction. Key Points
FinancialexpressSanjay Raut hints at tough seat-sharing stance, asks Cong to ‘start from zero’
Shiv Sena had contested the 2019 elections in alliance with the BJP and won 18 seats. They, however, split months later. | Latest News India Key Points
Hindustan TimesVodafone Idea may miss December deadline for fundraise
According to the officials, Vi continues to be in Discussions with the potential investors, including in the US, to raise fresh capital by issuing equity and equity-linked instruments. The telco has said that bank lending will follow soon after the equity fundraising is finalised. Key Points
Economic TimesControversy arises after air hostess records sleeping Mahendra Singh Dhoni on flight
An air hostess filming Mahendra Singh Dhoni while he was sleeping on a flight with his wife sparked a heated debate on social media. Some users accused her of breaching his privacy, while others defended her actions as harmless and driven by admiration. The incident has led to Discussions about privacy, professionalism, and the expectations placed on public figures. The incident sparked Discussions about the boundaries between public figures and their personal lives. Key Points
Economic TimesIs Raj Thackeray-led MNS joining NDA? Devendra Fadnavis responds
Last month, three MNS leaders had met Fadnavis at his residence for Discussions on a possible electoral alliance. They had also met CM Eknath Shinde. | Latest News India Key Points
Hindustan Times'My hope is that by next Monday we'll have a ceasefire': US President Biden on Israel-Hamas conflict
US President Joe Biden expressed hope for a ceasefire in the Israel-Hamas conflict by next Monday. Progress has been made, but a final agreement is pending. The Paris meeting resolved major obstacles. Hamas softened its position, allowing for the release of Israeli hostages and fewer Palestinian prisoners. Key Points
Economic TimesZEEL shareholders explore options as merger falls through
A number of domestic and overseas institutional shareholders in ZEEL are also in Discussions backchannel to coordinate on future course of action, multiple people involved in the Discussions said. Large domestic institutions are also engaging with one proxy advisory firm to explore a common course of action that might be palatable to a broader base of investors. Key Points
Economic TimesIndia-Russia trade to exceed 50 bn USD this year: Denis Manturov
The Discussions took place at the ‘Russia expo, held at Moscows VDNKH complex, where 89 regions of Russia showcase their economic, scientific and investment potential. According to a Russian government statement, they addressed trade, investment, banking and logistics, along with energy and food security. “Special attention was paid to advancing priority projects in industrial cooperation,” the note added. Key Points
Economic TimesRenault had 'friendly' Discussions with Chinese investment bank - spokesperson
French carmaker Renault (RENA.PA) had "friendly" Discussions with Chinese investment bank CICC about potential cooperation, but nothing has been signed or decided so far, a company spokesperson said, confirming media reports. Key Points
ReutersExclusive: India's JSW in talks with Chinese carmaker Leapmotor for EV tech -sources
India's steel-to-energy JSW Group is in early talks with Chinese automaker Leapmotor (9863.HK) to license technology to build electric vehicles in India, according to people familiar with the discussions. Key Points
Reuters‘Each country debt rejig needs unique strategy’
In June, Zambia struck a deal to restructure a $6.3 billion debt owed to various governments, including China, raising hopes of similar deals for other vulnerable nations awaiting relief for several years. Key Points
mintMeeting with Walmart CEO fruitful one, had insightful discussions: PM Modi
The meeting with Mr. Doug McMillon, CEO of @Walmart, was a fruitful one. We had insightful Discussions on different subjects. Happy to see India emerge as an attractive destination for investment, Modi tweeted. Key Points
Economic TimesAdani conglomerate aims to raise about $800 million for financing green energy projects
Billionaire Gautam Adani-led group is in Discussions with global banks including Sumitomo Mitsui Banking Corp., DBS Bank Ltd., Mitsubishi UFJ Financial Group. and Standard Chartered Plc, according to the people, who asked not to be identified as the Discussions are private. Key Points
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