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Essar, ArcelorMittal in $2.4b sale pact for infra assets

  Mauritius / Mumbai / Gulf Time In one of the largest post-pandemic M&A deals in India, Essar announced signing definitive agreements with Arcelor Mittal Nippon Steel (AM/NS) for certain Ports and Power infrastructure assets which are primarily captive to Hazira steel plant operations. The deal also envisages a 50-50 joint venture partnership, for building a 4 MTPA LNG terminal ...

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Mikhail Gorbachev’s failures did not go deep enough

Mikhail Gorbachev failed at everything he tried as the Soviet Union’s last leader. The state he led could only change the world for the better by failing — and it did. But, alas, not for long. I will never forget the moment in August 1991 when — at 19 years old, slightly stoned and very much in love — I ...

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That online test may be unconstitutional

Since the start of the pandemic, online learning has become far more common — and so have online examinations. Typically, the examination software also proctors the test, observing with the student’s own camera. Does this process violate the Constitution? A federal judge in Ohio decided last week that at least in some circumstances, the answer is yes. The court’s impeccable ...

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