BlueScope Rejects Kerry Stokes' $13.2bn Bid as 'Drastically Undervalued'

January 8, 2026

BlueScope Rejects Kerry Stokes' $13.2bn Bid as 'Drastically Undervalued'

BlueScope Steel has firmly rejected Kerry Stokes' $13.2 billion takeover offer, calling it 'an attempt to buy the company on the cheap.' The board says the bid undervalues the company’s assets and growth. Shares soared 20.6% to a 17-year high after the bid.

Agriculture Ministry Releases Draft Pesticides Bill 2025 with Tougher Controls, Invites Public Feedback

January 7, 2026

Agriculture Ministry Releases Draft Pesticides Bill 2025 with Tougher Controls, Invites Public Feedback

The Agriculture Ministry has unveiled the draft Pesticides Management Bill, 2025, replacing the 1968 Insecticides Act. The bill aims to protect farmers by enhancing transparency, traceability, and penalties for violations. The Ministry welcomes public comments until February 4, 2026, before presenting it to Parliament.

Abu Dhabi Court Orders Company to Pay Dh159,800 for Unpaid Salary and Benefits

January 7, 2026

Abu Dhabi Court Orders Company to Pay Dh159,800 for Unpaid Salary and Benefits

An Abu Dhabi Labour Court has ordered a private company to pay Dh159,800 to a worker for unpaid salary and end-of-service benefits after 11 years of service. The company failed to attend the hearing and must pay immediately, reinforcing UAE’s strong labour rights enforcement.

Biman Bangladesh Airlines To Relaunch Direct Dhaka-Karachi Flights After 10 Years

January 7, 2026

Biman Bangladesh Airlines To Relaunch Direct Dhaka-Karachi Flights After 10 Years

Biman Bangladesh Airlines will restart nonstop flights between Dhaka and Karachi from January 29. The service resumes after a break of over 10 years, flying twice a week and improving travel between Bangladesh and Pakistan.

Tata Power to Invest ₹6,675 Crore in 10 GW Solar Wafer Plant in Nellore

January 7, 2026

Tata Power to Invest ₹6,675 Crore in 10 GW Solar Wafer Plant in Nellore

Tata Power Renewable Energy is launching a huge 10 GW solar ingot and wafer plant in Nellore, Andhra Pradesh, with ₹6,675 crore investment. This will boost local solar and semiconductor manufacturing and includes a 200 MW captive green power plant.