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    AMITABH KANT

    Fairfax's Rs 52,878-crore IDBI Bank deal sets stage for a financial services powerhouse

    Fairfax Financial Holdings has successfully acquired a controlling stake in IDBI Bank for Rs 52,878 crore. The investment aims to redefine IDBI Bank as a comprehensive financial services provider in India and abroad. Fairfax plans to integrate its existing insurance and capital market businesses into IDBI Bank to enhance its offerings. The acquisition reflects Fairfax's strategy of leveraging IDBI Bank's infrastructure for greater market competitiveness.

    Amitabh Kant pitches for development model with rural communities as producers, innovators

    Kant also stressed the need to transform rural India into centres of economic activity, innovation and entrepreneurship rather than limiting it to welfare delivery.

    Sanjay Gupta death: He once had a fallout with a Bollywood star leaving him with no work for 3 years. 'We didn't speak'

    Filmmaker Sanjay Gupta, who died at 59, once revealed how his fallout with close friend and actor Sanjay Dutt affected his career, leaving him without work for three years. The two had collaborated on films such as Kaante, Musafir and Zinda before misunderstandings involving people around them led to a four-year silence. Gupta claimed that industry insiders stopped taking his calls because they believed Dutt had asked them not to work with him, an allegation he said was untrue.

    India eye strong Para Asian Games campaign despite reduced contingent

    India is preparing for the Asian Para Games with a smaller contingent than last time. The nation won a record 111 medals at the previous edition, which will be difficult to match now. Selection disputes in para-shooting and para-cycling have raised concerns about the decision-making process. Key competitors in disciplines like para-athletics, archery, and badminton are expected to deliver strong performances.

    Amitabh Kant backs India to produce world-beating golfers in coming years

    Amitabh Kant said India's demographic advantage and rising participation among youngsters would help the country emerge as a global force in golf over the next decade.

    Need to look at cost of doing business to boost manufacturing; cut statutory liquidity ratio: Amitabh Kant

    Amitabh Kant has advocated for reducing the statutory liquidity ratio to promote job-intensive manufacturing in India. He emphasized that cutting SLR could lower the cost of credit for businesses. Kant highlighted the importance of adequate credit in supporting the growth of startups in new-age sectors. Additionally, he addressed the need for easier land acquisition and better power availability for manufacturers.

    The Economic Times
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