Mazagon Dock Shipbuilders Limited is set to acquire a controlling stake in Colombo Dockyard PLC for $53 million, marking its first international acquisition and providing a strategic foothold in the Indian Ocean Region. This move aims to counter China's growing influence in Sri Lanka and establish MDL as a global maritime player.
Related news
Iranian Foreign Minister Abbas Araghchi suggests the United States might be using negotiations as a cover for a planned attack on Iran, questioning America's commitment to diplomacy. He accuses Washington of betrayal, especially after Israel's strikes on Iranian nuclear targets just before scheduled talks. Araghchi states Iran is willing to negotiate, but demands Israel cease its aerial attacks first.
Sachin Tendulkar, whose name now features on the England-India Test series trophy alongside Jimmy Anderson, shared insights on India’s inexperienced batting unit, the Bazball challenge, and the England seamer's legacy. He urged India to focus on winning sessions as the Test series begins at Headingley on June 20. The Master Blaster also reflected on cricket's evolution and explained what made Anderson special.
Following a ceasefire agreement, tensions flared again between Israel and Iran, prompting US President Donald Trump to intervene. Trump assured that Israel would cease its attacks, claiming they would simply do a "Plane Wave" to Iran. Despite the ceasefire announcement, both sides accused each other of violations, with Israel citing Iranian missile fire.
Shubman Gill's impressive Test captaincy debut at Headingley was slightly overshadowed when he sported black socks, violating ICC regulations mandating white, cream, or light grey. While his career-best 147 anchored India's innings, the sock choice drew attention, potentially leading to a reprimand or fine.
Amid escalating conflict, Israel continues strikes in Iran, prompting US consideration of military action. US President Trump hints at potential US involvement and reveals Iran's interest in talks. Russia offers mediation. India, under Operation Sindhu, evacuates 110 Indian nationals from Iran. Casualties in Iran rise to 639, according to Human Rights Activists, while Supreme Leader Khamenei vows no surrender.
Tom Brady, the NFL legend, picked Lebron James over Michael Jordan at Fanatics Fest in New York. Brady praised James's resilience and consistency. He highlighted James's present-day impact. Brady's endorsement sparked fresh debate among fans and athletes. This is about the greatest basketball player. The debate continues between Jordan and James. This endorsement guarantees the debate continues and grows.
Torrential rain in Himachal Pradesh triggered cloudbursts and flash floods, resulting in at least two confirmed deaths near Dharamshala, with fears of 15-20 workers missing from a hydroelectric project site. Kullu district was severely affected, witnessing damaged homes and missing persons, while infrastructure and roads suffered extensive damage across multiple regions due to the deluge.
India successfully evacuated over 1,100 citizens from Iran and Israel. This evacuation was amidst rising tensions. Operation Sindhu brought back a total of 3,170 Indians. Evacuees from Israel were transported via Jordan and Egypt. Chartered flights from Amman and special flights from Mashhad facilitated the return. The conflict between Israel and Iran prompted this swift action by India.
Stock market recommendations: Bajaj Broking Research suggests a bullish outlook for the Indian stock market, highlighting Tata Steel and Lloyds Engineering Works as top picks. Nifty is expected to reach 25,700-25,900, while Bank Nifty aims for 58,500, driven by positive market breadth and technical breakouts.
Jasprit Bumrah's crucial breakthroughs on Day 2 against England, including Ben Duckett's key wicket, propelled India forward. Despite a batting slump, Bumrah's early wicket of Zak Crawley set a positive tone. Surpassing Wasim Akram, Bumrah now holds the record for most wickets by an Asian bowler in SENA countries with 147, solidifying his status as India's premier overseas fast-bowling export.