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First Citizens buys Silicon Valley Bank for $119 billion

First Citizens buys Silicon Valley Bank for $119 billion

New Delhi, March 27 (HS): American Silicon Valley Bank, which is facing a financial crisis, has found its buyer. Silicon Valley Bank was bought by First Citizens. The deal was done for $119 billion. After the collapse of this bank, the Federal Deposit Insurance Corporation was appointed as its regulator. The Federal Deposit Insurance Corporation...

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Sri Lanka and India hold talks on bolstering energy collaboration during a high-level delegation meeting

Sri Lanka and India hold talks on bolstering energy collaboration during a high-level delegation meeting

Colombo, 26 March (HS): On Sunday, a high-level Indian team paid a visit to Sri Lankan President Ranil Wickremesinghe and briefed him on advances in the mutually selected priority areas for bilateral partnership in the critical energy sector. When a team led by Pankaj Jain, Secretary, of the Ministry of Petroleum and Natural Gas, met...

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India’s First Model G20 Summit hosted by Mumbai Leadership Training Institute at IIDL Campus in Mumbai.

India’s First Model G20 Summit hosted by Mumbai Leadership Training Institute at IIDL Campus in Mumbai.

India’s first-ever Model G20 Summit commenced at the campus of the Indian Institute of Democratic Leadership (IIDL), Mumbai on 30th January 2023 and the Valedictory function happened on 31st January 2023. India’s G20 Sherpa, Mr Amitabh Kant, and Guest of Honour, Mr Eko Junor, Minister Counsellor of Indonesia, inaugurated the Model first G20 Summit in...

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Hindenburg report : Congress demands RBI, SEBI probe into charges against Adani Group

Hindenburg report : Congress demands RBI, SEBI probe into charges against Adani Group

New Delhi, 27 January (HS): Congress has demanded an inquiry on American company Hindenburg Research accusing the Adani group of stock manipulation and accounting fraud. Congress General Secretary Jairam Ramesh tweeted on Friday that the Congress demands that the allegations against the Adani Group be investigated by institutions like the Reserve Bank of India and...

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America-Japan will discuss on January 12 how to control China

America-Japan will discuss on January 12 how to control China

How to control China ?Washington, January 11 (HS): America and Japan will discuss on January 12 how to curb China’s aggression and expansionist policy. The Pentagon said on Tuesday that the foreign and defense ministers of the two countries will discuss and formulate a strategy at the 2023 US-Japan Security Advisory Committee meeting. Pentagon Press...

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Global Investors Summit – European MNCs to pump in 17K cr in UP

Global Investors Summit – European MNCs to pump in 17K cr in UP

Global Investors Summit – Lucknow, 10 January (HS): Leading mulit-nantional companies from Europe will pump in Rs17,000 crore in Uttar Pradesh. Six multinational companies like Samson, Motherson and Cerneca International Group have completed the process of signing MoUs with the state government in this regard. Meanwhile, entrepreneurs from Tamil Nadu will also participate in Chief...

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UN Sec Gen @ IIT Mumbai

UN Sec Gen @ IIT Mumbai

UN chief Antonio Guterres on Wednesday sought India’s support in mobilizing G20 nations to help developing countries saddled with debt, with three of India’s neighbors already seeking IMF loans as their economies struggle. India takes over the G20 presidency from Indonesia for a year from December 1. “I count on India’s support in mobilizing G20...