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Rossell Techsys to raise Rs 300 crore from SBI Mutual Fund, SBI Optimal Equity Fund
Rossell Techsys said that its board approved a proposal for the issuance of 25.72 lakh fully paid-up equity shares for a total consideration of Rs 299.99 crore, on a private placement basis, to SBI Mutual Fund & SBI Optimal Equity Fund.
Sonipat (Haryana) [India], September 19: Public Policy must be guided by the Constitution of India. It defines the relationship between the citizen and the state, protects fundamental rights, establishes institutional accountabilities and provides a vision for inclusive national development, said Dr L. Murugan, Minister of State for Information and Broadcasting and Parliamentary Affairs, Government of India, at the Jindal Policy Conclave 2026 on the theme 'A Young India at the Global Stage'.
ED has arrested Sukriti Foods promoter Kailash Chand Mangla in the alleged TTD ghee adulteration case, claiming palm-based oils and chemicals were used to manufacture Rs 96 crore worth of adulterated ghee supplied as Agmark Special Grade Cow Ghee.
India men's cricket team dealing with clothing issue ahead of departure for Asian Games
Indian cricketers await correct kit sizes before their Asian Games departure. The BCCI arranged its own hotels due to accommodation concerns for the team. Players will wear standard kits for one match and special Asian Games jerseys. Sizing issues with the official Asian Games jerseys have largely been resolved. The women's team accommodation was not affected by these organizational problems.
A recent investigation into the brains of deceased former NFL athletes revealed a staggering incidence of chronic traumatic encephalopathy (CTE), found in 93.2% of 338 examined cases. However, the overall prevalence among all players is notably variable, ranging from 18.5% to 98.7% due to the limited number of brain donations.
NTPC Green Energy adds 9.45 MW commercial capacity at Kutch, Gujarat
The current commercial capacity of NTPC Green Energy Limited group stands at 10,911.08 MW. With the addition of the above, the total installed capacity of the NTPC Green Energy Group will increase to 10,920.53 MW.
Anthropic, Accenture to invest $2 billion in AI model evaluation as safety concerns rise
The partnership comes as AI developers face growing pressure from regulators, companies and researchers to ensure their advanced models are safe and reliable
Blackstone came close to giving up on India; now it calls the country its best bet
Blackstones early India push struggled to gain traction, but a shift towards control stakes and sectors such as IT services, real estate and manufacturing has since made India its best-performing private equity market globally. President Jon Gray says the country is nearing a tipping point for faster growth, though trade and energy risks remain.
FCNR(B) scheme could yield Rs 5.5 trillion notional profit for banks, RBI: SBI Research
SBI Research indicates FCNR(B) deposits may yield substantial profits for banks and the RBI. The report refutes earlier estimates of significant financial losses from the scheme. Mobilized funds could support additional bank credit and generate considerable interest income. Hedging costs are considered manageable, and the RBI could see added profitability. This scheme's liquidity will support credit demand amid outflows and prudent risk management.
Harish Salve, advising Tata Sons Chairman N Chandrasekaran, called the company's legal position legally perfect amid its governance differences with Tata Trusts. He backed Tata Sons becoming a public company, citing RBI rules, greater transparency and professional management.
HEG arm bags Rs 217-cr order from Indus Towers
HEG announced that its subsidiary, Replus Engitech, has received an order from Indus Towers for the supply of lithium-ion battery banks.
Tata Sons IPO: How 7 Tata Group stocks performed this week amid IPO buzz
Tata Group stocks witnessed sharp volatility this week as developments around the Tata Sons IPO triggered strong buying and selling. Tata Chemicals led the gains with a 13% rise, while Tata Investment Corp gained 8%. Tata Power, IHCL and Tata Motors Passenger Vehicles also ended higher despite Friday
Stock split alert! 3 stocks turning ex-record date for stock splits next week. Do you own any?
Three stocks, including Taal Tech, Midwest Energy and Naturite Agro Products, will turn ex-split next week, with investors needing to buy before their respective record dates.
Tata Group stocks reel from aftershocks as Trusts opposes third term for N Chandra
Tata stocks plummeted on Friday due to opposition from Tata Trusts, who contested the reappointment of N Chandrasekaran as chairman by the Tata Sons board. This leadership tug-of-war has raised concerns among investors, uncertain about its implications for multiple group companies. The potential for Tata Sons to go public remains a pivotal opportunity for stakeholders, with future resolutions between the board and Trusts likely affecting market sentiment.
Hy-Tech Engineers standalone net profit rises 10.84% in the June 2026 quarter
Sales rise 12.92% to Rs 41.26 crore
Supreme Engineering standalone net profit rises 2028.57% in the June 2026 quarter
Sales decline 51.55% to Rs 4.07 crore
Thousands protest outside Kennedy Center over concerns that Trump might tear it down
Thousands gathered outside the Kennedy Center to protest US President Trump's plans. Protesters formed a human chain around the iconic performing arts institution. Organizations voiced concerns over potential closure and demolition of the center. A judge blocked plans to rename the building and ordered notice for changes. President Trump stated he could save the center but sought recognition.
Trump administration illegally cancelled $7 billion solar programme, US judge rules
A federal judge ruled that US President Trump's administration unlawfully canceled a solar energy grant program. The judge found the Environmental Protection Agency exceeded its authority when rescinding grants. This program aimed to expand solar energy in low-income communities across the nation. The court vacated the EPA's termination of the Solar for All program. The EPA is currently reviewing the decision and considering an appeal.
UN appoints US agriculture official Luke Lindberg to head the World Food Program
The United Nations has appointed Luke Lindberg as the new leader of the World Food Program, succeeding Cindy McCain as executive director. Lindberg, an official in U.S. agriculture, will tackle critical funding issues while the organization strives to aid millions suffering from severe hunger. Historically, the U.S. has been the largest contributor to this essential food program. Prior to this, Lindberg held various trade and export positions in the U.S.
Delhi NCR weather today, September 19, is expected to remain mostly dry, with partly cloudy skies and temperatures reaching 34C to 36C. Will there be sudden heavy rain across New Delhi, Noida, Ghaziabad, Faridabad and Gurugram. Check latest IMD forecast for the parts of the NCR.
Noel Tata raises strong objection to Tata Sons conduct, calls Chandra vote null and void
Noel Tata has taken a stand against the recent resolutions from the Tata Sons board meeting, deeming them invalid. He asserts that the voting was conducted under specific conditions that were later violated. Furthermore, he is calling for a public acknowledgment to rectify the proceedings of the meeting. This controversy emerged after the board, by a vote of four-to-one, reappointed N Chandrasekaran amid ongoing regulatory challenges facing Tata Sons.
UPIs proposed 0.4% fee: infrastructure fix or threat to growth?
A proposed 0.4% UPI charge on transactions above 2,000 could fund vital infrastructure and security upgrades, but it could also face pushback from merchants and raise concerns over smooth UPI growth.
Centre moves to review surgical consumable prices after Mundhe push
The move follows Maharashtras push to review wide gaps between hospitals procurement costs and MRPs, while hospital operators argue that such gaps do not necessarily represent their profit margins.
Perfume makers feel ethanol squeeze, weigh price hikes
Ethanol prices have climbed as tighter domestic supplies and stronger demand from the fuel-blending programme squeeze availability, while glass bottle costs have risen by as much as 20% over the past year.
Centre plans 51,000 crore push to shift agricultural power use to solar
The proposed expansion of PM-KUSUM would shift subsidies to project commissioning and add a bigger push for feeder-level solarisation and battery storage.
Parents awarded $40 million after Uber found liable for passenger who was fatally struck on highway
Parents awarded $40 million after Uber found liable for passenger who was fatally struck on highway
Multiple unions threaten strikes at Barricks flagship Mali gold mine, documents show
MALI-BARRICK MINING/STRIKES:Multiple unions threaten strikes at Barrick's flagship Mali gold mine, documents show
Boohoos New Chairman Stirs Controversy as Broker Drops Coverage
Boohoo Group Plc appointed former board member Iain McDonald as its new chairman, prompting broker Shore Capital to cease coverage over corporate governance concerns.
Oman's Sohar Port positions itself as Gulf gateway for Indian traders amid Hormuz tensions
Oman's Sohar Port is actively positioning itself as a gateway for Indian businesses. The port offers integrated facilities and investment opportunities across various industrial sectors. This strategic location provides Indian traders with an advantage for regional expansion. Sohar Port is a fast-growing global hub with value-added services for businesses. Oman's other ports like Salalah and Duqm also support Indian trade and investment.
The Congress that Rahul controls: Born of a split, symbol freeze
Rahul Gandhi criticised the Election Commission's actions regarding party symbols. Ironically, the Congress party itself experienced a significant split decades ago. Indira Gandhi orchestrated this split, leading to a new party symbol. The Election Commission settled these rival claims by freezing the original symbol. This historical event mirrors recent party symbol disputes in Indian politics.
Private sector investment key for Viksit Bharat: DEA secretary
Private sector financing is crucial for India's ambitious Viksit Bharat vision. Government budgets alone cannot meet the scale of transformation required. States are identifying sector-specific financing needs and innovative funding means. Increased domestic savings and efficient capital allocation are essential for sustained growth. Fiscal discipline and attracting more capital are vital for navigating global challenges.
Wisdom of the day by Sean Penn offers a grounded lesson about difficult choices, personal growth and finding meaning beyond comfort. His words speak to everyday struggles at work, in relationships and during uncertain decisions. They also raise a practical question: are we choosing what feels easy, or what truly matters? The answer can shape how we handle change, pressure and responsibility.
Takeda partners Dr Reddy's to launch dengue vaccine Qdenga in India from 2027
Takeda and Dr. Reddy's Labs will promote the Qdenga dengue vaccine in India. This pioneering vaccine is expected to launch in the first half of 2027. It will be available for paediatric and adult vaccination in the private market. The vaccine received approval from India's regulatory agency in July 2026. Pricing details for the Indian market have not yet been disclosed.
ECI freezes AITC name & symbol, allots new ones to rival factions
The Election Commission has assigned new names and symbols to two factions of the All India Trinamool Congress. Mamata Banerjee's group will now be known as Mamata All India Trinamool Congress with a football player symbol. The Ritabrata Banerjee-led faction received the name Democratic Trinamool Congress and an envelope symbol. Both groups will use these new identities for upcoming by-elections in West Bengal.
Family rituals can give everyday life a reassuring sense of continuity. A birthday might always begin with the same special breakfast, Friday evenings may revolve around a favorite meal, and every first day of school could start with the traditional photo at the front door. Over time, these repeated moments create a familiar rhythm, helping children anticipate what comes next.
POSH reporting up in FY26 as trust in the system grows
Excluding two companies for which comparable data is unavailable, the analysis shows that the number of complaints has been rising steadily over two years, by 6.3% in FY25 (over FY24) and 5.2% in FY26 (over FY25).
Football: 'A disaster' if Man City do not win says Enzo Maresca after flawless start
Maresca has the daunting task of replacing Guardiola, who won 20 trophies in a glorious 10-year reign at the Etihad. Since losing the Community Shield to Arsenal in pre-season, the Italian has made a flawless start in the campaign with six consecutive wins across three different competitions.
Air India CEO weighs folding budget unit into group to cut costs
Tewolde Gebremariam is considering merging Air India Express with Air India to cut costs and streamline operations as the carrier battles heavy losses
Uday Kotak calls for committee to address India's gold imports, sees FY27 bill at up to USD 90 bn
Uday Kotak urged India to address its substantial gold import bill. He projected gold imports could reach USD 88-90 billion by FY27. Kotak also highlighted the need for further fiscal consolidation efforts. He advised leveraging global uncertainty for accelerated reforms and investment. Strengthening Centre-state coordination is crucial for national resilience.
CBI registers fresh case against Reliance Capital, Anil Ambani
The probe agency says the accused caused a loss of 2,684.57 crore to LIC
Senior advocate Harish Salve is advising Tata Sons Chairman N Chandrasekaran. He asserts Tata Sons' legal position is perfect regarding RBI compliance rules. Salve stated the company must become a public entity to resolve issues. Governance differences among Tata Trust trustees are hindering this transition. Listing Tata Sons will bring transparency and professional management to the global group.
GLP-1 boom pushes pharma companies deeper into wellness, nutraceuticals
Beyond weight-loss drugs, pharma players spot fresh opportunities in consumer wellness
Anil Ambani denies 'any wrongdoing' after CBI lodges FIR over 2,684-cr LIC investment 'fraud'
Ambani denies any wrongdoing, whatsoever, and reserves all rights available to him in law, a spokesperson for Ambani said
Semiconductor ranks third in profitability among sectors: SEMI CEO
Ajit Manocha says India must accelerate the development and progress in the semiconductor space as the world has begun taking the country very seriously
Indian refiners plan to keep buying Russian oil despite risk of US tariffs
Refiners are paying a premium of around $1 a barrel for Russian oil, while Brent crude prices of around $103 per barrel are also raising concerns over import costs.
Listing of Tata Sons shares an imperative: Shapoorji Pallonji group
While Noel Tata on Thursday asked the board of Tata Sons to explore options other than listing, SP group views share sale as a clear path tocomply withReserve Bank of Indias direction
When the Board defies the Owner: Tata Rift sparks debate over shareholder rights
Experts say the Tata Sons-Tata Trusts standoff has evolved into a broader debate over whether professional management can override the wishes of a controlling shareholder
L&T expects more modular infra business after Australian project success
Modular infrastructure projects represent a $100-150 billion market opportunity, according to L&T's deputy managing director and president Subramanian Sarma.
HDFC Mutual Fund bought 13.90 lakh Entero Healthcare Solutions shares worth Rs 235.6 crore through a block deal at Rs 1,695 apiece. Prasid Uno Family Trust sold the shares, representing about 3.19% of the companys equity, amid recent stock gains.
US Car-care brand Turtle Wax steps up India expansion
The company currently operates 110 Car Care Studios across India and plans to add more than 50 over the next year, besides building a detailing academy and community
Air India's incoming CEO Gebremariam meets Civil Aviation Minister K Naidu
Air India's incoming CEO Tewolde Gebremariam on Friday met Civil Aviation Minister K Rammohan Naidu. Naidu shared pictures of the meeting on X and said that with massive demand for better connectivity and enhanced passenger convenience, the airline has a challenging and important responsibility. On August 5, Air India announced the appointment of Gebremariam, a former Ethiopian Airlines Group chief, as the Chief Executive Officer and Managing Director. He is expected to take charge after receiving security approvals later this month. Pleased to meet @airindia's new CEO & MD, Shri Tewolde Gebremariam and extend my best wishes for his new role, Naidu said in a post on X and added that Air India has been an integral part of India's aviation legacy. Civil Aviation Secretary Samir Kumar Sinha and senior Air India officials were present at the meeting. Gebremariam, who will be the second foreign CEO at Air India, will be taking over the reins at a time when the airline is working on .
Tata Sons row: 'Separation of ownership and control may offer a solution'
Separation of ownership and control could increasingly be an option for businesses across the world, according to Cohen, who's a top global family enterprise academic
L&T sees $150-billion global modularisation opportunity in 5 years, eyes larger pie
The company on Friday celebrated the successful completion of fabrication and deliveryof 110 modules weighing approximately 64,000 metric tonnes, for Project CERES, Australias largest urea manufacturing plant with a capacity of 2.3 MTPA.
Lenskart block deal: Rs 2,047 crore stake sale likely; Platinum Jasmine may offload 1.7% holding
Bitcoin has gained 61.7% over five years, outperforming Ethereum and Solana, which declined 26.2% and 27.9%. Analysts attribute Bitcoins lead to institutional adoption, ETF flows, liquidity and scarcity, while Ethereum and Solana remain more sensitive to network activity and crypto narratives.
L&T looks to scale up modularisation to boost project execution
EPC major sees a $100-150 billion modularisation opportunity over five years as skilled labour shortages, high costs and remote locations pose execution challenges
D2C brands, brokers flag concerns over proposed UPI MDR
Founders said even a 0.4% per cent MDR could become significant when applied to large transaction volumes
Chandrachud saysaffirmative voting rights are central toestablishingcontrol and safeguarding interests of partiestheyfavour
Manipal Health repays 5,310 crore debt using IPO proceeds
The debt reduction is expected to lower the companys interest burden, improve its leverage position and provide greater financial flexibility for future expansion and investments in capacity
FSSAI initiates legal action against Nestl India over alleged infant food violations
Nestle India says it's compliant with all applicable regulations in the country even as FSSAI cracks down promotional claims made for two infant formula brands.
Bay Street Hospitality VCC to invest around 100 crore in Bharathi Meraki
The funds will be used for various projects thats being undertaken by the company
G R Infraprojects update on Agra]Gwalior greenfield highway project
NHAI declares appointed date of 07 September 2026
RateGain named Fastest Growing SaaS Company
At The Economic Times Enterprise AI Awards 2026
Saket Mohta on Why Global Tech Giants Are Buying Into India's Smart Office Boom: Silicon Ecosystems
New Delhi [India], September 18: The Indian commercial real estate landscape is undergoing a massive structural transformation, as the post-pandemic evolution of hybrid schedules and a moderation in third-party IT service leasing redefine traditional office dynamics.
Russia wants India to make 100 Su-57 fighter jets: What Moscow has proposed
Russia has proposed that India manufacture the Su-57 stealth fighter domestically, seeking a Su-30MKI-style partnership. While the IAF needs just 36-54 jets, Russia wants a 100-aircraft commitment to achieve economies of scale. India must weigh this against its indigenous AMCA fighter programme.
Nestle India defended its infant nutrition products, NAN Excella Pro and Lactogen Pro, claiming full compliance with FSSAI regulations after the authority initiated legal action for alleged non-compliance. Nestle confirmed adherence to all applicable laws and continues to engage with FSSAI.
Board of V I P Industries approves fund raising up to Rs 500 cr
At meeting held on 18 September 2026
Renault India resumes exports to Sri Lanka after a gap of 7 years
First shipment of 100 Made-in-India vehicles dispatched from Chennai port; New Duster planned for Sri Lankan market
Air India new CEO weighs Express merger to cut costs after $2.3-billion loss
Air India CEO Designate Tewolde Gebremariam argues that having a single airline group would lower regulatory requirements and reduce need for two sets of staff.
Tata Trusts dispute: Who is Amogh Kaloti, the Maharashtra Charity Commissioner handling key cases?
One judge, multiple Tata Trusts cases and a dispute gripping corporate India meet Amogh Kaloti, the low-profile Maharashtra Charity Commissioner who now finds himself holding the gavel in a high-stakes Tata Trusts battle.
Hi-Tech Flow Solutions files DHRP for IPO, to raises Rs 300 cr via fresh issue
Hi-Tech Flow Solutions has filed its DRHP for a Rs 300 crore IPO comprising a fresh issue and offer-for-sale. The company plans capacity expansion, debt repayment and corporate purposes, while targeting growing demand for HSAW pipes across infrastructure sectors.
SS Retail IPO subscribed 103.30 times
The offer received bids for 90.83 crore shares as against 87.93 lakh shares on offer.
Jindal Supreme (India) IPO subscribed 181.07 times
The offer received bids for 170.19 crore shares as against 93.99 lakh shares on offer.
UPI MDR from October 15: Govt plans daily monitoring to stop merchants passing 0.4% fee to customers
The government is in negotiations with payment aggregators over new UPI transaction fees, ensuring that these charges will not be imposed on consumers, as stated by officials. The finance ministry will closely monitor adherence to the new guidelines on a daily basis. Revenue generated will aid small merchants in embracing UPI, striking a balance between managing costs and fostering digital payment expansion.
Cornea Unveils AI-Driven Pro AV Innovations and Next-Gen Displays at InfoComm India 2026
Mumbai (Maharashtra) [India], September 18: Cornea, a prominent Indian Pro AV and display solutions manufacturer, successfully showcased its latest innovations at InfoComm India 2026, held from September 16 to 18 at the Jio World Convention Centre in Mumbai. The company demonstrated its expanded ecosystem under the central theme, One Brand for Every Display Need, highlighting its commitment to providing a single, comprehensive source for hardware, software, and AI-enabled AV infrastructure across education, corporate, government, and institutional sectors.
Nifty settles above 23,300 as Moody's GDP upgrade, easing oil support sentiment
The key equity benchmarks ended mixed on Friday, as easing crude oil prices and softer global bond yields supported investor sentiment. Market sentiment was also aided by Moody's upward revision of India's FY27 GDP growth forecast to 7% from 6%, citing stronger-than-expected domestic activity and the resilience of the economy amid the ongoing conflict in West Asia. However, Moody's flagged elevated energy prices and El Ni-related food price pressures as risks to inflation, consumption and growth.
Quick Wrap: Nifty Metal Index gains 1.51%
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In a recent statement, RBI Deputy Governor Shirish Chandra Murmu clarified that adopting a Merchant Discount Rate won't necessarily encourage more cash transactions. He highlighted the intriguing trend where digital transactions grow while cash circulation also rises, asserting that cash fulfills dual purposes as a transaction method and a valuable resource.
Howard G Buffett will succeed Warren Buffett as chairman of Berkshire Hathaway. Warren, 96, becomes chairman emeritus after leading since 1970. Howard, born in 1954, has been on the board since 1993 and is involved in agriculture, conservation, and philanthropy.
INR seen supported by positive momentum in domestic equity markets
The Indian rupee pared initial gains to close unchanged at 95.89 (provisional) against the US dollar on Friday amid a strong American currency. Positive momentum in domestic equity markets, however, supported the Indian currency. Rupee's fall was capped as crude prices slid below the 104-per-barrel level, and US bond yields eased after the US Federal Reserve hiked interest rates by 25 basis points. Indian shares ended Friday's session mostly higher as a pullback in oil prices and global bond yields helped ease concerns around inflation, India's import bill and earnings. The U.S. Federal Reserve's first interest-rate hike in three years also instilled confidence in investors regarding the central bank's resolve to bring inflation under control. The Nifty 50 gained 75.80 points (0.33%) to close at 23,346.40, while the BSE Sensex slid marginally by 19.63 points (0.03%) to finish at 74,294.96.
As fight over Tata empire's future intensifies, low-profile Noel steps into spotlight
Noel Tata has made clear he opposes a listing of Tata Sons, arguing it should continue to be privately held, with every option explored to avoid an initial public offering. His stance has placed him at the centre of a widening debate about how India's largest conglomerate should be governed.
Undermine regional peace and security: India on Saudi attacks, Red Sea escalation
Government relaxes sugar stockholding limit for bulk consumers but only for imported sugar
The additional flexibility is intended to ensure uninterrupted supplies to genuine industrial consumers while preventing higher stockholding from exerting pressure on domestic sugar availability.
Berkshire Hathaway names former CEO Warren Buffett as chairman emeritus
The conglomerate named his son, Howard Buffett, a Berkshire director since 1993, as chairman.
To increase the number of foreign visitors, India should improve the tourist experience upon arrival. Experts highlight the importance of resolving issues such as lengthy queues and inadequate public washrooms. The lack of hotel rooms during peak seasons also deters travelers. Innovative travel solutions, including AI assistants, are on the rise. By diversifying destinations, India can promote longer visits and encourage repeat travelers.
Mumbai (Maharashtra) [India], September 18: KIRA, the World's Largest Grower and Manufacturer of CVD Lab-grown Diamonds, has won Highest Employment on Company Rolls at the 52nd India Gem & Jewellery Awards (IGJA), the award for the largest direct workforce in India's gem and jewellery industry. At the same ceremony, the Lifetime Achievement Award, the industry's highest personal honour, was conferred on Kira's Founder - Shri Vallabhbhai Patel for 55 years in the diamond industry.
Canada advances trade talks on agreements with India, ASEAN, and the Philippines
Canadian Minister Maninder Sidhu will visit Mumbai to boost trade ties with India. He will meet with Piyush Goyal to advance economic partnership agreement negotiations. Sidhu will then travel to Manila for ASEAN economic minister consultations. Discussions will focus on advancing free trade agreements with ASEAN and the Philippines. Canada aims to significantly increase exports to markets beyond the United States.
A routine data-quality check took an unexpected turn when NASA scientist Robert Wagner spotted a mysterious bright spot surrounded by a dark halo on a giant map of the Moon. I just stopped, dropped everything, and started looking into what that spot was, Wagner said. His investigation led to the discovery of McGetchin, a newly formed Moon crater created by a powerful space-rock impact that scientists estimate happens only once in a century.
Elevate Campuses IPO a pivotal moment for student housing segment: CEO Jayakumar
Elevate Campuses' three-day IPO, which will open on 23 September, comprises an entirely fresh issue of equity shares, with no offer-for-sale component
India asks bulk users to source imported sugar to keep stock above 15 days requirement
Traders, wholesalers are urged to pass on benefit of lower ex-mill prices to consumers
India rejects Pakistan's allegations regarding collision of Indian, Pak ships
India has rejected Pakistan's allegations concerning a naval collision in the Arabian Sea. New Delhi summoned the Pakistani Charge d'Affaires to lodge a strong protest. The incident occurred after a Pakistani vessel closed in on an Indian warship. India stated the Pakistani ship acted unprofessionally and violated maritime agreements. The Indian vessel INS Kolkata sustained no major damage and remains operational.
