Gujarat-based firm chosen by EC for webcasting Kaliaganj bypoll in Bengal, alleges TMC
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News18
16 minutes ago
- News18
'You Don't Get A Pass, You Get Justice': US House Foreign Affairs Panel Hails TRF Terror Tag
Last Updated: The panel also reiterated its criticism of global media coverage of the Pahalgam attack, accusing outlets of downplaying what it called a clear act of terrorism The US Republican Majority on the House Committee on Foreign Affairs has welcomed the designation of Pakistan-based The Resistance Front (TRF) as a global terrorist outfit. The group, which the US designated as a proxy of Lashkar-e-Tayyiba (LeT) in its announcement, was labelled both a Foreign Terrorist Organisation (FTO) and a Specially Designated Global Terrorist (SDGT). 'The Resistance Front is a foreign terrorist organization and deserves the designation," the committee's official X handle posted. 'When you butcher civilians, you don't get a pass—you get JUSTICE." President Trump calls it like it is. The Resistance Front is a foreign terrorist organization and deserves the you butcher civilians, you don't get a pass—you get JUSTICE. — House Foreign Affairs Committee Majority (@HouseForeignGOP) July 19, 2025 The announcement was made by US Secretary of State Marco Rubio, less than three months after the April 22 massacre in Pahalgam, Jammu and Kashmir, where TRF claimed responsibility for the killing of 26 civilians. It was one of the deadliest attacks targeting civilians in the region in recent years. The Resistance Front first emerged in Kashmir in 2019, shortly after the abrogation of Article 370. It was widely seen as an attempt by Lashkar-e-Tayyiba to rebrand its operations under a new name to avoid global scrutiny. Since then, TRF has claimed responsibility for several attacks in Jammu and Kashmir, many of which have targeted off-duty security personnel, civilians from outside the region, and minority communities. The FTO and SDGT designations trigger sweeping measures including financial sanctions, asset freezes, visa bans, and criminal penalties for those providing any form of material support to the group. TRF, the State Department noted, serves as a front for LeT, an internationally proscribed terror group, and operates to obscure the latter's direct involvement in attacks. Indian authorities have repeatedly raised concerns over such proxy outfits being used to bypass global sanctions. On July 19, the committee also cited its earlier post from April 23, in which it had criticised international media coverage of the Pahalgam attack — particularly a New York Times headline that read: 'At Least 24 Tourists Gunned Down by Militants in Kashmir." At the time, the committee had responded with a corrected graphic, replacing the word 'militants" with 'terrorists" in bold red, writing: 'Hey, @nytimes, we fixed it for you. This was a terrorist attack plain and simple. Whether it's India or Israel, when it comes to terrorism, the NYT is removed from reality." Reposting that on July 19, the committee reaffirmed: 'It was a terrorist attack — simple and straightforward." It was a terrorist attack—simple and straightforward. — House Foreign Affairs Committee Majority (@HouseForeignGOP) July 19, 2025 The House Foreign Affairs Committee is a permanent committee in the US House of Representatives. It handles bills and investigations related to America's foreign relations. The latest US action is expected to bolster international scrutiny of Pakistan-based terror proxies, particularly at forums like the Financial Action Task Force (FATF), where the country's counterterror commitments remain under watch. India welcomed the US decision, with External Affairs Minister S Jaishankar describing it as a 'strong affirmation" of India-US counter-terror cooperation. 'Appreciate @SecRubio and @StateDept for designating TRF—a Lashkar-e-Tayyiba (LeT) proxy—as a Foreign Terrorist Organization (FTO) and Specially Designated Global Terrorist (SDGT). It claimed responsibility for the April 22 Pahalgam attack. Zero tolerance for Terrorism. #OpSindoor," External Affairs Minister S Jaishankar posted on X. Location : New Delhi, India, India First Published: July 21, 2025, 12:46 IST News world 'You Don't Get A Pass, You Get Justice': US House Foreign Affairs Panel Hails TRF Terror Tag Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Mint
22 minutes ago
- Mint
Captain Fresh to file IPO papers by mid-August, launch $50–75 million pre-IPO round
Mumbai: Captain Fresh, a business-to-business (B2B) seafood marketplace, is expected to file its draft red herring prospectus (DRHP) for an initial public offering (IPO) within the next three weeks, according to two people familiar with the matter. 'The company is expected to file the IPO papers by mid August and will subsequently launch its pre-IPO round," one of the two people said, adding that the seed investors are expected to sell in part or full in a $50-75 million round. The planned filing is part of the company's broader push to access public markets in the current financial year through a $400 million IPO. It converted into a public entity earlier this month and has appointed Axis Capital and Bank of America to manage the issue. Seed investors in Captain Fresh include Ankur Capital, ADB Ventures, Z47, Incubate Fund India and Hoskoppal Ventures, according to data from Tracxn. Captain Fresh and the investors did not immediately respond to Mint's requests for comment. In December, Mint reported that the company was in talks to raise a $50-100 million round in which some of its late-stage investors, including Accel and Prosus, were expected to infuse additional capital. Captain Fresh last raised about $48 million in a round led by Evolvence India and British International Investment, valuing the company at slightly over $500 million. Other investors include Motilal Oswal Wealth, Tiger Global Management and Innoven Capital. Founded in 2019 by banker-turned-entrepreneur Utham Gowda, the Bengaluru-based company operates a farm-to-retail seafood supply chain, aiming to link small-scale fishermen and coastal farmers with fragmented retail demand across India. It offers both a digital commerce platform and a physical fulfilment network for retailers across formats. The company also has a presence in international markets, including the US, Spain, and the West Asia. It competes with startups such as Waycool, Apnaklub, and FarMart. Over the past two years, Captain Fresh has focused on narrowing losses while scaling operations. Its operating revenue rose to ₹1,395 crore in FY24 from ₹817 crore in FY23. Losses narrowed to ₹229 crore in FY24 from ₹294 crore the previous year, according to an Entrackr report. The company is yet to file its FY25 audited results.
Time of India
24 minutes ago
- Time of India
ADIA to invest $200 million in Gujarat-based medtech co Meril
Ahmedabad: Abu Dhabi Investment Authority (ADIA) on Sunday announced it has signed definitive agreements to invest USD 200 million (approximately Rs 1,723 crore) in Gujarat-based medical devices manufacturer Meril, acquiring close to a 3% stake. The transaction values Meril at $6.6 billion (around Rs 56,859 crore). The deal awaits regulatory approval from the Competition Commission of India (CCI). The investment marks ADIA's latest play in India's expanding medical devices manufacturing space. Following the completion of the deal, Meril will be backed by two prominent global investors - ADIA and Warburg Pincus , which had earlier invested in the company. Founded by the Bilakhia Group, Meril is headquartered in Vapi, where it operates a 100-acre, vertically integrated MedTech campus powered entirely by green energy. The company develops and manufactures a range of clinically advanced products including cardiovascular devices, structural heart solutions, surgical robotics, orthopaedic implants, in-vitro diagnostics, and endo-surgery technologies. By far, Meril has invested Rs 1,400 crore in its Vapi facility. In Dec 2024, the company also inaugurated its new medical devices plant in Vapi. Meril exports its products to over 150 countries through a network of more than 35 subsidiaries. The company employs over 13,000 people globally and operates 12 international training academies, where it trains more than 10,000 healthcare professionals annually. tnn
