The big news: Tata Steel inks joint venture with German firm Thyssenkrupp, and 9 other top stories
Other headlines: The Amarnath yatra remained suspended on account of bad weather, and reports said LIC will increase its stake in IDBI.
A look at the headlines right now:
- Tata Steel signs joint venture deal with German conglomerate ThyssenKrupp: The deal makes the resulting entity the second-largest steelmaker in Europe after ArcelorMittal.
- Amarnath yatra remains suspended for second day as heavy rains continue in Jammu and Kashmir: Reports said that flood was declared in Srinagar and other districts of Central Kashmir after Jhelum river crossed the danger mark.
- Insurance regulator approves LIC’s proposal to increase its stake in IDBI Bank to 51%, say reports: The Life Insurance Corporation currently owns a 10.8% stake in the loss-making lender.
- Families of victims blame aviation company for Ghatkopar plane crash, demand investigation: Pilot Maria Kuber’s husband said UY Aviation ‘disregarded their responsibility’ to check if the plane was fit to go off the ground.
- Dalit man in Uttar Pradesh allegedly forced to lick his spit after son’s inter-faith marriage: The police have arrested two people, including the bride’s father, and identified three others accused in the case.
- Indian woman seeking asylum in US separated from disabled son, says report: Bhavan Patel’s attorney Alinka Robinson said she had fled political persecution in Gujarat’s Ahmedabad.
- Mob lynches anti-rumour campaigner, two others in Tripura on suspicion of child lifting: State Director General of Police AK Shukla suspended messaging and mobile internet services in the state for the next 24 hours.
- Several Karnataka Congress, JD(S) leaders ready to join BJP, claims BS Yeddyurappa: Meanwhile, former Chief Minister Siddaramaiah said the state government will complete its full term.
- Canada imposes billions in retaliatory tariffs against US, says ‘we will not back down’: Ottawa will impose a tariff of 25% on a host of steel and aluminium products and 10% on goods, including pizza, quiche, whiskies, toilet paper and inflatable boats.
- Vijay Mallya rejects Enforcement Directorate official’s claim that he was attempting plea bargain: The official claimed that Mallya’s offer to settle all his dues if his seized assets were freed was an attempt at plea bargaining.