Swan Energy Limited rebranded the acquired company, RNEL, to Swan Defence and Heavy Industries Limited, effective January 02, aiming to establish itself as a key player in naval defence and oil and gas vessel manufacturing. The acquisition was made possible through a partnership with Nikhil Merchant and Hazel Mercantile, with Swan Energy owning a 74% stake in the SPV. The company’s stock rose by 3.06% on Thursday, with plans to collaborate with Balu Forge Industries Ltd. to address demands in the global railways, defence, and aerospace sectors.
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133 students, including Indians, get their SEVIS records restored in US
The Trump administration has reinstated the SEVIS records of 133 students, including many Indians, following a US district court ruling that mandated the Department of Homeland Security (DHS) to restore their records retroactively to March 31, 2025. Charles Kuck, representing the students, confirmed their reinstatement, allowing them to continue studying or working under the optional practical training (OPT) program, while the next hearing is scheduled soon. Despite some visa revocations, the plaintiffs argue that SEVIS...
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