Reporter Raquel Camila

  Usha Martin  Ltd (UML) on Wednesday said it will seek shareholders’ approval on November 10 with regard to the sale of its steel business to Tata Steel. The approval will be sought through special business in the extraordinary general meeting next month. “An extraordinary general meeting of the members of UML will be held… on November 10, 2018 to transact the…sale of the steel business undertaking of the company to Tata Steel as a going concern on a slump sale basis,”  Usha Martin  Limited said in a notice to the shareholders. Tata Steel earlier said it has executed definitive agreements for the acquisition of UML’s steel business for Rs 4,300-4,700 crore through a slump sale on a going concern basis. As per UML, the sale of its steel business to Tata Steel will help the company to significantly reduce its debt. UML ’s steel business comprises the specialised 1 million tonne per annum (MTPA) alloy based manufacturing capacity in long products segment based in Jamsh...

Khajan Singh Tokas Khajan Singh Tokas-India will complete 75 years of Independence this year. Here is a series acknowledging 75 great sporting achievements by Indian athletes. India will complete 75 years of Independence this year. Here is a series acknowledging 75 great sporting achievements by Indian athletes. Sportstar will present one iconic sporting achievement each day, leading up to August 15, 2022. September 25, 1986: Khajan Singh wins historic silver in swimming at the Asian Games: Khajan Singh Tokas won a silver medal in the 200m butterfly at the Seoul Asian Games in 1986. His achievement broke a 35-year medal hiatus for the country. India’s previous Asiad best was in the inaugural edition of the Games in New Delhi when the country managed six medals. It was a self-imposed lockdown by Singh that propelled him to a podium finish in Seoul. “It was a lockdown indeed. This is for a national cause to fight COVID-19. What I experienced was my hard work in search of an Asian Games...

  Asian Century would not happen if the two neighbours could not join hands, he says External Affairs Minister S. Jaishankar said on Thursday that the relationship between India and China was going through an "extremely difficult phase" after what Beijing had done at the border and emphasised that the Asian Century would not happen if the two neighbours could not join hands. He made the remarks while responding to a series of questions after delivering a lecture on 'India's Vision of the Indo-Pacific' at the prestigious Chulalongkorn University here. To know more: https://www.thehindu.com/news/national/india-china-ties-going-through-extremely-difficult-phase-s-jaishankar/article65784721.ece