Hardeep Puri to lead business delegation to US

New Delhi: India’s Petroleum and Urban Development Minister Hardeep Puri will lead an official and business delegation to Washington DC and Houston between October 6 and 11.

In Washington DC, Puri will co-chair the Ministerial dialogue of US-India Strategic Clean Energy Partnership (USISCEP) to be held October 7 with US Secretary of Energy Jennifer Granholm.

The revamped USISCEP was launched in accordance with the US India Climate and Clean Energy Agenda 2030 Partnership announced by Prime Minister Narendra Modi and US President Joe Biden at the Leaders’ Summit on Climate held in April 2021.

Puri will also hold discussions with CEOs of US-based energy companies during the course of his visit.

Twitter, Musk confirm plan to close $44 bn deal

San Francisco: Twitter said it has received a letter from Elon Musk to go ahead with their original deal of $54.20 per share (or $44 billion). Twitter shares went up 22 per cent after the news.

In a new filing with the US Securities and Exchange Commission (SEC), Musk’s legal team has also asked the court to adjourn the trial and all other proceedings.

“We received the letter from the Musk parties which they have filed with the SEC (Securities and Exchange Commission). The intention of the Company is to close the transaction at $54.20 per share,” Twitter said in a statement.

Musk tweeted: “Buying Twitter is an accelerant to creating X, the everything app. Twitter probably accelerates X by 3 to 5 years, but I could be wrong.”

The surprising development led to the micro-blogging platform’s share jump 22 per cent after it reopened as trading of Twitter shares was briefly halted.

Image courtesy of (ET)

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