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EV battery metals firm DeepGreen to go public in SPAC deal

MELBOURNE: Canada's DeepGreen Metals Inc, which aims to produce metals for use in electric vehicle batteries through deep-sea mining, plans to go public in a merger with a special purpose acquisition company (SPAC). The deal with U.S.-based Sustainable Opportunities Acquisition Corp will value the combined entity at $2.9 billion and include a $330 million infusion from investors including Allseas Group SA, Maersk Supply Service and Glencore, DeepGreen said in a statement on Thursday. The merger is expected to be completed in the second quarter, it said. Vancouver-based DeepGreen intends to produce from 2024 metals from polymettalic rocks, found deep in the Pacific Ocean, for use in batteries that will power electric vehicles (EVs). The method it will use is deep-sea mining, which critics say is an untested mining method with a largely unknown environmental impact. Australia banned seabed mining off part of its northern coast last month, citing the potential impact on ... » Learn More about EV battery metals firm DeepGreen to go public in SPAC deal

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‘Climate change a priority’; Provided ‘Made in India’ vaccines to 50 countries: PM Modi tells Swedish PM

#Narendra Modi Its Mamata Banerjee vs Suvendu Adhikari in West Bengal; PM Modi likely to take a call #Narendra Modi Make in India, make for the world, says PM Modi to industry #Narendra Modi PM Modi to deliver keynote address at CERAWeek #Narendra Modi PM Modi holds BJP election committee meeting to finalise candidates for Assam, Bengal #Narendra Modi India honoured to be at forefront of popularising millets: PM Modi #Narendra Modi PM Modi to hold virtual summit with Swedish counterpart today For Quick Alerts Subscribe Now Mukesh Ambani bomb scare: Scorpio car owner found dead; police suspects suicide View Sample For Quick Alerts ALLOW NOTIFICATIONS For Daily Alerts Just In 37 min ago Mukesh Ambani bomb scare: Scorpio car owner found dead; police suspects suicide 59 min ago Why it's an issue, action happened in 2013 as well: Nirmala on ... » Learn More about ‘Climate change a priority’; Provided ‘Made in India’ vaccines to 50 countries: PM Modi tells Swedish PM

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Binge watch away your COVID blues

After yet another cinema hiatus, going to a theater to catch a film is once again a possibility in Hong Kong. Given theaters are still off-limits in many places around the world, the pickings are slim. Then a small menu could be a good way to ease back into things. After shooting out of the gate in late-February with lingering blockbusters, this week screens are splashed with (among others) a minor gem which would otherwise have been overwhelmed by Soul or Wonder Woman 1984 , and a New Year rom-com that's either eight or three weeks late, depending on which calendar you follow. In Run , we meet Diane (Sarah Paulson) in the midst of a difficult premature labor - shot in hard, suitably harrowing, green light - that very nearly ends in death. Flash forward 17 years and Chloe (Kiera Allen) endures a battery of drugs and physiotherapy to manage her heart, respiratory and mobility issues, but other than reliance on a wheelchair, Chloe is a bright, balanced, college-bound teenager. ... » Learn More about Binge watch away your COVID blues

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New opportunities growing for students, young scientists with focus on higher education, research, innovation: PM Narendra Modi

New Delhi : Prime Minister Narendra Modi on Wednesday (March 3, 2021) said that new opportunities are growing for the students and young scientists with a constant focus on higher education, research and innovation. PM Modi said, "India is among the world's top 50 innovative countries in the Global Innovation Index and is doing better continuously. With the sustained promotion of higher education, research and innovation, new opportunities for our students and young scientists are developing very much. And the good thing is that there is satisfactory growth in the participation of daughters in R&D." The Prime Minister's comments came during his address at a webinar on effective implementation of Budget provisions regarding the education sector. Discussing the steps taken in this year’s Budget for the education sector. https://t.co/2WpBqIAdFL — Narendra Modi (@narendramodi) March 3, 2021 He stated that the second biggest focus after health in this year's ... » Learn More about New opportunities growing for students, young scientists with focus on higher education, research, innovation: PM Narendra Modi

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Palghar: Husband kills wife after she refuses to give money for liquor

In a shocking incident that took place recently in Maharashtra, a man allegedly killed his wife after she refused to give him money for purchasing liquor in the Shirdi Nagar area of Palghar district. According to the information received from the senior officers of Tulinj Police Station, the incident happened on March 3 when the accused, Rupesh Morey, attacked his 30-year-old wife first with a knife and then punched her on an iron pipe. After hearing the scream of the victim -- identified as Vanita Morey -- one of the neighbours Umesh Jadhav reached the spot and found her dead, lying on the floor. A case was registered with the Tulinj Police Station under Section 302 of the Indian Penal Code (IPC) against the accused and he was arrested on Thursday. Untitled Carousel Mumbai: BMC staffer held for ‘sex harassment’ of his junior Recently, the woman raised a complaint that the accused spoke to her inappropriately and demanded sexual favours. ... » Learn More about Palghar: Husband kills wife after she refuses to give money for liquor

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SC says new rules to regulate OTT platforms lack teeth

The Supreme Court on Friday said the government’s new rules to regulate OTT (over-the-top) platforms lacked teeth to punish violators or to screen offensive content even as it protected Amazon Prime Video India Commercial head Aparna Purohit from arrest in the ‘Tandav’ web series row. “We went through your Information Technology (Guidelines for Intermediaries and Digital Media Ethics Code) Rules of 2021... these are merely guidelines. There is no provision for punishment or fine... What is the mechanism to control it [content]” Justice Ashok Bhushan, heading a Bench, asked Solicitor General Tushar Mehta. Ready to submit new draft: SG Mr. Mehta agreed to consider drafting new regulations or even legislation to address the concern raised by the court about OTT platforms. “We can come out with it... We can come out with a draft and place it before the court,” he stated. The court recorded in its order that the new rules notified days back were “more in the nature of guidelines” ... » Learn More about SC says new rules to regulate OTT platforms lack teeth

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China to speed up tapping new energy sources, but coal stays in mix

BEIJING : China set a modest five-year growth target on Friday for its nuclear power generation capacity and promised quicker development of alternative energy sources as it seeks to cut its carbon footprint, but left its coal industry largely untouched. The world's third-largest largest nuclear power producer, aims to have 70 gigawatts (GW) of installed capacity by 2025, the government said in its 2021-2025 plan delivered to the Chinese parliament. China originally aimed to bring its total nuclear installed capacity to 58 GW by 2020 but failed to meet the target following a long moratorium on new projects as well as delays at new third-generation plants. The plan also called for a rapid boost to wind and solar power generation and promotion of electricity generation from waste to help China meet its goal of having non-fossil fuels meet around 20% of total energy consumption by 2025. The world's top energy consumer has pledged to become carbon neutral by 2060 but has to ... » Learn More about China to speed up tapping new energy sources, but coal stays in mix

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World Insights: Is global COVID-19 pandemic approaching “turning point”

Video Player Close BEIJING, March 5 (Xinhua) -- With the COVID-19 vaccinations underway amid dwindling daily counts of new cases and deaths worldwide, the epidemic has shown a downward trend. But experts around the world pointed out that it is still too early to talk about when the pandemic will end and vigilance is still needed as the "turning point" has yet to come. "It is premature to think that we're going to finish with this virus by the end of the year," Executive Director of the World Health Organization (WHO) Health Emergencies Program Mike Ryan said at a regular press conference Monday. The WHO is now focusing on keeping COVID-19 transmission as low as possible, which will help prevent the emergence of variants and reduce the number of infections and hospitalizations, Ryan said. Noting that countries and regions around the world are ramping up vaccine rollout, Stanley Perlman, professor of microbiology and immunology at the University of Iowa, told Xinhua that ... » Learn More about World Insights: Is global COVID-19 pandemic approaching “turning point”

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China should step up guard against mutant COVID-19 strains: political advisor

Video Player Close BEIJING, March 5 (Xinhua) -- China should step up guard against mutant COVID-19 strains as the pandemic continues to rage worldwide, a national political advisor has said. "We are still in the midst of a global pandemic, with the coronavirus rapidly mutating and evolving worldwide. Virus mutations may pose huge risks," said Wang Chen, a member of the 13th National Committee of the Chinese People's Political Consultative Conference (CPPCC) and president of the Chinese Academy of Medical Sciences and Peking Union Medical College. Wang made the remarks on the sidelines of the fourth session of the 13th CPPCC National Committee, the country's top political advisory body, which opened in Beijing on Thursday. Noting that a science-based response is the fundamental way to control the pandemic, he said efforts should be made in various fields including early diagnosis and vaccine research and development. Enditem ... » Learn More about China should step up guard against mutant COVID-19 strains: political advisor

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Uber free rides for elderly in second phase

MUMBAI : Uber said from Monday it will ferry senior citizens (aged above 60) and those with co-morbidities and above 45 to vaccination centres free of cost. It is offering free rides worth Rs 10 crore across the country for assisting the second phase of the vaccination drive. A senior Uber official told TOI the free rides will continue “till funds get exhausted”. “The management will see its next offering depending on the situation,” the official said, adding that the free rides were part of the aggregator firm’s support to the ministry of health and family welfare (MoHFW), state governments and local NGOs. Riders can avail of it through redeemable promo codes on the mobile app. Prabhjeet Singh, president, Uber India and South Asia, said, “We are providing safe and timely transport options for the most vulnerable sections of our population during Covid-19.” Uber will spread awareness on the vaccine through its app. ... » Learn More about Uber free rides for elderly in second phase

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