World

More than 30 killed in nursing home hit

Aug 01, 2025

Beijing [China], August 1: Footage showed emergency teams wading through chest-high water trying to rescue those trapped in the home in the Miyun District. Many of those who died were reportedly immobile.
Local officials have admitted there were "loopholes in emergency planning" and said the incident was a painful lesson that served as "a wake-up call".
A total of 44 people have died in the Beijing floods, which have come during a summer of extreme weather across China. Record heatwaves hit the eastern regions earlier this month while separate floods swept the country's south-west.
Source: Fijian Broadcasting Cooperation

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Steel Exchange India Ltd (SEIL) to Raise INR 350 Cr via Preferential Issue; IMR Group to Invest 300 Cr in the Company

Mumbai (Maharashtra) [India], March 5: IMR Group ("IMR"), a leading international metals and mining conglomerate, today announced a strategic investment of INR 300 Crores in Steel Exchange India Limited ("SEIL") through subscription to share warrants. The investment will be made through IMR's Indian entities -- India Coke and Power Private Limited ("ICPPL") and IMR Steel Private Limited ("ISPL"). This capital infusion will strengthen SEIL's operations, optimize its debt structure, and position the company for accelerated growth -- marking a significant milestone in IMR's forward integration strategy and its expansion across India's high-growth steel sector.

Mar 05, 2026