CK Hutchison Holdings Ltd plans to sell two strategic ports near the Panama Canal to a consortium led by BlackRock Inc. President Trump and China are clashing over its implications. The deal is significant due to its geopolitical impact, as control shifts from China to the US, provoking strong reactions from Beijing. The deadline to sign is April 2, and there’s little indication the deal will be delayed.
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A Bengaluru court approved a three-day custody for the DRI to investigate Sandalwood actress Ranya Rao, who was arrested for smuggling over 14 kg of gold from Dubai. Additional gold worth Rs 2.1 crore and Rs 2.7 crore in cash were found at her residence. The investigation seeks to uncover the smuggling network and the source of the gold.
On New Year's Day 2025, Shamsud-Din Jabbar, a 42-year-old US army veteran, used a rental truck to kill 14 people and injure dozens in New Orleans. He drove through barricades and plowed into a crowd in the French Quarter, flying an Isis flag. Jabbar was killed in a shootout with the police. The FBI deemed the attack as terrorism.
A twin-engine Mitsubishi MU-2B aircraft crashed in a muddy field near Copake, upstate New York, on Saturday, with two people on board. The plane, en route to Columbia County Airport, went down approximately 30 miles away. First responders faced challenges reaching the site due to mud, weather, and snow, while the NTSB dispatched an investigation team.
Shiv Sena MP Sanjay Raut claimed that deputy chief minister Eknath Shinde attempted to join the Congress, sparking controversy. Raut mentioned early morning meetings with late Congress leader Ahmed Patel, while Congress leaders denied knowledge of the matter. Shinde's party dismissed these claims, asserting Raut's statements lack importance, and the BJP emphasized state development as their priority.
Stock market recommendations: Bajaj Broking Research recommends Piramal Pharma and PTC India for the upcoming week. Nifty is expected to remain volatile, with key support at 22,000-21,700 levels.
Neeraj Chopra, India's Olympic javelin thrower and double medallist, announced his marriage to Himani Mor, currently studying in the USA. The intimate ceremony took place in India, and the couple is on honeymoon. Neeraj recently secured a silver medal at the Paris Olympics, adding to his previous gold from Tokyo.
Two men faced penalties for casual disregard of courtroom decorum during virtual Gujarat high court hearings. Dhaval Patel was fined Rs 2 lakh and sentenced to two weeks of community service for joining from a lavatory, while Vamdev Gadhvi was fined Rs 25,000 for appearing while lying on his bed. Both actions compromised the court's dignity.
Sebi plans to leverage the government's DigiLocker system to address unclaimed assets in the securities market. By integrating demat and mutual fund holding statements, and information on investor deaths, Sebi aims to streamline the transfer of assets to rightful heirs. This initiative will consolidate individuals' financial holdings within their DigiLocker accounts and notify nominees upon the account holder's demise.
SpaceX launched the Fram2 mission, the first human spaceflight over Earth's polar regions, carrying four astronauts including commander Jannicke Mikkelsen and entrepreneur Chun Wang. The mission, launched from NASA's Kennedy Space Center, aims to advance research for future Mars travel and involves various scientific experiments, including space X-ray imaging and microgravity mushroom cultivation.
Elon Musk humorously responded to the resurfacing of a 9-year-old photo of himself in a distinctive gothic outfit, which rekindled social media buzz with memes and jokes. The photo, which seemed out of character for Musk, garnered significant attention and playful reactions online.