Vodafone Idea will issue ₹36,950 crore worth of new equity shares, boosting the government's stake in the telco from 22.60% to approximately 48.99%. This equity conversion, part of the 2021 telecom relief package, comes as a strategic measure to alleviate financial pressures while maintaining operational control with the original promoters.
A Delhi court denied interim bail for AAP Chief Minister Arvind Kejriwal in connection with an excise policy case, extending his judicial custody until mid-June and scheduling further bail hearings. The court also ordered mandatory medical tests for Kejriwal while considering his next bail plea, following earlier detentions and judicial proceedings linked to a money-laundering case.
The Bharatiya Janata Party (BJP) has distanced itself from its Mandi MP Kangana Ranaut's remarks about the farmers' agitation and asked her to refrain from making such statements in the future. The party clarified that Ranaut is not authorized to speak on policy matters on behalf of the BJP and her comments do not reflect the party's stance.
A Reddit user detailed their experience of extreme sleep deprivation caused by a demanding work schedule that forced them into providing 24/7 monitoring of finance programs, comparing the ordeal to torture. Users rallied around the post, sharing both support and criticism for toxic workplace practices and urging the abandonment of outdated work protocols.
China's diplomatic praise for India's "pragmatic approach" to their relationship reveals more about China's strategy than India's success, according to analyst Siddharth Ojha. Ojha argues that China's focus has shifted from GDP to deeper levers of power, including technological innovation, industrial capacity, and global influence.