The London-based exchange that sets standards for the global gold industry has commenced a review of The Perth Mint following reports the WA government-owned business was buying gold from unethical miners.…
India went into lockdown on March 25. During the early phases of the lockdown, activities not contributing to the production and supply of essential goods and services were completely or partially suspended. Passenger trains and flights were halted.
The lockdown severely impacted migrants, several of whom lost their jobs because of the shutting of industries and being stranded outside their native places, wanting to return. Since then, the government has announced relief measures for migrants, and made arrangements for migrants to return to their native place. The Supreme Court, recognising the problems faced by migrants stranded in different parts of the country, reviewed transportation and relief arrangements made by the government.
On June 9, the court directed the central and state governments to complete transportation of the stranded migrants and expand focus of relief measures to facilitate employment for those returning home.
Overview of migration
Migration is the movement of people away from their usual place of residence, across either internal (within country) or international (across countries) borders. The latest government data on migration comes from
Allcargo Logistics, the largest private sector player in the segment, expects to be debt-free by December when it will conclude the sale of its warehousing unit to private equity major Blackstone.
Allcargo Group Chairman Shashi Kiran Shetty also expects a brighter future for its Hyderabad-based subsidiary Gati that it had bought last December, by way of a tax writeback of around Rs 80 crore through the ongoing dispute settlement forum called the ‘Vivad se Vishwas’ scheme, and thus to close the financial year with a fatty bottomline.
In January, Blackstone announced that it would buy 90 per cent equity in Allcargo’s warehousing vertical for around Rs 1,400 crore and the Wall Street major has already invested Rs 380 crore as part of the deal which will be a mix of debt and equity.
The partnership will help Allcargo’s growing third-party logistics business into which it had invested around Rs 1,000 crore.
“We are on course to close the sale of 90 per cent consideration for Rs 1,400 crore in our warehousing vertical to Blackstone by December. With that, we should be a debt-free company,” Shetty told PTI.
A statue in Milan of a famous Italian journalist has been sprayed red and tagged with the words “racist, rapist”, becoming the country’s first statue targeted since a wave of similar incidents across Europe and the United States.
The statue of Indro Montanelli, which stands in a garden of the same name in the northern Italian city, was cleaned on Sunday morning after being vandalised during the previous night.
Montanelli, who died in 2001 at the age of 92, was one of the most decorated and influential Italian journalists of the 20th century, founding the Il Giornale newspaper and serving at the Corriere della Sera.
An anti-fascist group had called on Milan’s mayor to remove his statue because Montanelli bought and married a young Eritrean girl after volunteering for Fascist leader Benito Mussolini’s colonial invasion of Ethiopia in 1935.
“In Milan, there is a park and statue dedicated to Montanelli, who until the end of his days said with pride that he bought and married an Eritrean child of 12 years to turn her into a sex slave during the fascist regime’s aggression against Ethiopia” the I Sentinelli group said on social media.
But another group called “Rete Studenti Milano