Monday, October 26
WASHINGTON: The State Department has informed Congress of a planned USD 8 billion weapons sale to Israel, US officials say, as the American ally presses forward with its war against Hamas in Gaza.Some of the arms in the package could be sent through current US stocks but the majority would take a year or several years to deliver, according to two US officials Saturday who spoke on condition of anonymity because the notification to Congress hasn't been formally sent.The sale includes medium-range air-to-air missiles to help Israel defend against airborne threats, 155 mm projectile artillery shells for long-range targeting, Hellfire AGM-114 missiles, 500-pound bombs and more.The weapons package would add to a record of at least USD 17.9 billion in military aid that the US has provided Israel
Zepto is in advanced discussions to file draft documents by March-April for an initial public offering, as the quick-commerce firm has now secured Singapore's approval to move its holding entity to India, people aware of the plan said.The company is aiming to file its draft red herring prospectus by March, ideally, but that may slip into April as well, the people said.Meanwhile, the National Company Law Tribunal is scheduled to hear on January 17 its reverse merger application to move the domicile from Singapore to India. The Singapore clearance was a significant part of the process.The Bengaluru-based company has called a board meeting on January 19, people briefed on the matter said, likely to deliberate on the IPO size and appointment of bankers for the issue, as well as consider resolu
India dismissed Australia for 181 to take a slender four-run first innings lead as the two teams opted for an early tea on the second day of the fifth Test here on Saturday. India dominated the post-lunch session, taking the remaining five wickets, with Mohammed Siraj (3/51), Prasidh Krishna (4/42), and Nitish Reddy (2/32) stepping up in the absence of Jasprit Bumrah (2/33), who left the field for scans due to an unspecified injury. For Australia, Beau Webster (57) scored a half-century on debut, but once he was dismissed, India swiftly dismantled the tail. Earlier, resuming at 9/1, Australia lost Marnus Labuschagne (2) early. Siraj then struck twice in four balls, removing Sam Konstas (23) and Travis Head (4), leaving the hosts at 4 for 39. Steve Smith (33) and Webster (28) added a quick
