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    AGP’s Zerra DC bags Rs 1,200 crore loan for second Navi Mumbai data centre project

    Zerra DC, the data center division of AGP, has recently clinched funding worth Rs. 1,200 crore from Tata Capital. This investment will be directed towards the construction of a cutting-edge 200 megawatt data center located in Navi Mumbai. Currently, there are ongoing negotiations to finalize partnerships with cloud hosting providers, further enhancing the project's scope.

    US warship passes through Malacca Strait, Indonesian Navy says

    US-Iran war: A United States warship, the USS Miguel Keith, sailed through the vital Strait of Malacca over the weekend. Indonesian Navy officials confirmed the transit on Saturday, April 18. They stated the passage adhered to international law. The warship is based in Japan and was conducting routine operations. The Strait of Malacca is a crucial global shipping lane.

    Hormuz traffic at standstill as US vessel seizure widens risk

    Commercial traffic in the Strait of Hormuz has halted again. This follows a brief reopening over the weekend which ended with the US seizing an Iranian ship. This action has raised concerns for shipowners. Benchmark oil prices have jumped. A fragile US-Iran ceasefire is set to expire soon.

    Tehran says restrictions on Iranian oil come with a price

    Iran's top official warned global fuel prices will remain unstable unless pressure on its oil exports ceases. He stated a free oil market is essential for everyone's security. Oil prices surged as tensions between Iran and the US disrupted tanker traffic in the Strait of Hormuz.

    Trump warns Iran, says Tehran cannot "blackmail" US over Strait of Hormuz

    Iran has reimposed a naval blockade on the Strait of Hormuz. This move followed a brief 24-hour opening. US President Donald Trump issued a sharp warning to Tehran. He stated Iran is weakened and cannot blackmail America. Two Indian vessels were forced to flee the Strait after coming under fire. Maritime data and security agencies reported immediate escalations.

    No challan, no car impounding for drunk driving: Navi Mumbai cops take keys, drive group home, man praises humane response

    A Navi Mumbai resident shared a Reddit post detailing a positive encounter with local police. After a night of drinking, the resident and friends were stopped by officers. Instead of penalties, the police personally drove the group home, ensuring their safety. This act of humane policing has garnered widespread appreciation online, highlighting a moment of trust in the system.

    The Economic Times
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