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Opinion
Spiritual aspects of participating in poll
Spiritual aspects of participating in poll

Nearly two crore young voters, or those between the ages of 18 and 29 would be first-time voters. Regardless of the outcome of the elections or the imperfections that might impact its conduct, the fact that a system has been created where some 100 crore people are going to determine who will represent them in the highest institution of governance is a tremendous collective achievement to be proud of.

On the brink
On the brink

The escalation of tensions between Israel and Iran in West Asia has once again brought the region to the brink of conflict.

Pitch for TN

Amidst the kaleidoscope of Tamil Nadu’s political landscape, the Bharatiya Janata Party (BJP) finds itself entangled in a complex web of identity, ideology, and electoral aspirations.

Pitch for TN
Sharing heritage

It can rightfully be termed an assembly of Gods and Goddesses, a parliament of divinity. Under the picturesque rotunda of Chhatrapati Shivaji Maharaj Vastu Sangrahalaya (CSMVS) in Mumbai, sculptures of ancient gods and goddesses of Greece and Rome, Egypt and Assyria have come together, along with a spectrum of Indian gods and deities in a unique global exhibition.

Sharing heritage
India
PM to hold 5 rallies & road show in UP

Prime Minister Narendra Modi will hold rallies in Uttar Pradesh and charge up the atmosphere ahead of the second, third and fourth phase of general elections.

PM to hold 5 rallies & road show in UP
Latest from Bengal
Heatwave: Met upgrades warning from yellow to orange
Heatwave: Met upgrades warning from yellow to orange

This weekend, at many places of south Bengal, could be blistering. The weather office has issued a forecast of the mercury soaring up to seven degrees Celsius above normal, for three days during 19-21 April at many places over districts of south Bengal.

One held after firing in Gaighata

Ahead of Lok Sabha polls, gunshots were fired at Bakchara in Gaighata of North 24 Parganas, last night by unidentified miscreants.

One held after firing in Gaighata
Statesman Special
‘INDIA bloc will surprise’
‘INDIA bloc will surprise’

Congress politician Sachin Pilot became the youngest MP in India at the age of 26. In 2004, he won the Dausa Lok Sabha seat, earlier represented by his father late Rajesh Pilot, a veteran Congress leader.

The eyes of history

The BSF received the two Bangladeshi politicians, and Majumdar personally escorted them back to Calcutta.

The eyes of history
Preserving the legacy of chess in Kolkata

The Gariahat Chess Club is an open-air space beneath the Gariahat flyover where kings and queens have been strategically manoeuvred and conquered for years. The club was formalised in 2006 with Bengal’s first Open Air Chess Tournament and was successfully given a facelift in 2018 with 13 tables bearing laminated chess boards.

Preserving the legacy of chess in Kolkata
World
Business
Adani infuses Rs 8,339 crore into Ambuja Cements, raises stake to 70.3%
Adani infuses Rs 8,339 crore into Ambuja Cements, raises stake to 70.3%

In an additional investment, the billionaire family of Gautam Adani infused Rs 8,339 crore into Ambuja Cements, raising its stake in the company to 70.3 per cent, to help the cement maker's manufacturing capacity. Last month, it infused Rs 6,661 crore into the cement company raising their stake in the company by 3.6 to 66.7 per cent. The Adani family previously invested Rs 5,000 crore in the company on October 18, 2022. Now, their total investment has reached Rs 20,000 crore through the planned infusion. "The promoters of the company – the Adani family – have fully subscribed to the warrants program in the company by further infusing Rs 8,339 crore, thereby infusing a total amount of Rs 20,000 crore," the company said in a statement. In all, its holding in Ambuja Cement has increased from 63.2 to 70.3 per cent. The fund infusion will help Ambuja accelerate its growth ambitions to almost double its existing capacity to 140 million tonnes per annum by 2028 from 76.1 million tonnes as of December 31. "With this, promoters have further strengthened Ambuja post-acquisition, giving Ambuja capital flexibility for accelerated growth, capital management initiatives, and best-in-class balance sheet strength to accomplish its various strategic initiatives," the statement said. "The additional investment will fortify the company's financial position, providing it with enhanced capabilities to pursue its ambitious growth plans and capitalise on emerging opportunities in the market," it added. On the development, the Ambuja Cement said the funds infusion would also enable various strategic initiatives, including debottlenecking capex, to enhance operational performance, as well as bring efficiencies across resources and supply chain. It shall also drive innovation and product enhancement through advanced technology integration for better service offerings to tap the growing requirements of the sector driven by the growth in the Indian economy, it said. "We are thrilled to announce the completion of the Adani family's primary infusion of Rs 20,000 crore in Ambuja," said Ajay Kapur, CEO of Ambuja Cements Ltd. "This infusion of funds provides Ambuja, capital flexibility for fast-tracked growth, capital management initiatives, and best-in-class balance sheet strength. It is not only a testament to a steadfast belief in our vision and business model but also reinforces our commitment to delivering long-term sustainable value creation to our stakeholders, and this shall propel us towards setting new benchmarks, accelerating our growth, and continuing to deliver on operational excellence, business synergies, and cost leadership."

Entertainment
Sports
India hopes to do better at the Paris Olympics
India hopes to do better at the Paris Olympics

India clinched seven medals -- one gold, two silvers and four bronze -- at Tokyo 2020, and Paris will provide the country an opportunity to showcase much-needed consistency at the highest level.

Education
# Recent posts

Heatwave: Met upgrades warning from yellow to orange

This weekend, at many places of south Bengal, could be blistering. The weather office has issued a forecast of the mercury soaring up to seven degrees Celsius above normal, for three days during 19-21 April at many places over districts of south Bengal.