New Delhi | Business Upturn

City Union Bank opens 13 new branches, reaching 1,000 in total

Business Desk — Mon, 27 Apr 2026 14:17:37 +0000

City Union Bank has expanded its presence by inaugurating 13 new branches on 27 April 2026, bringing the total number of branches to 1,000. This strategic expansion underscores the bank’s commitment to enhancing its reach and accessibility across India.

The new branches are located in various key regions, including Hyderabad, Tamil Nadu, Karnataka, Maharashtra, and New Delhi. Specifically, the branches have been opened in Abids (Hyderabad), Vallampadugai (Cuddalore District, Tamil Nadu), Dharwad and Hubli (Karnataka), Bengaluru (Hosa Road and Sri Sairam College of Engineering), Pune (Hadapsar), and several locations in New Delhi such as Chittaranjan Park, Chawri Bazar, Naya Bazar, and Vasant Kunj. Additionally, branches have been established in Velampayam (Tiruppur District, Tamil Nadu) and Ammachathiram (Kumbakonam, Thanjavur District, Tamil Nadu).

This expansion is part of City Union Bank‘s strategic plan to increase its footprint and provide more convenient banking solutions to its customers. The bank’s focus on growth and customer service is evident in its continued efforts to open new branches in diverse locations.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Petronet LNG announces board meeting to approve FY26 financial results and dividend

Arunika Jain — Mon, 27 Apr 2026 13:55:55 +0000

Petronet LNG Limited has scheduled a board meeting on 4th May 2026 in New Delhi to consider and approve its audited financial results for the quarter and year ended 31st March 2026. The meeting will also discuss the recommendation of a final dividend for the financial year 2025-26, contingent upon shareholder approval at the forthcoming Annual General Meeting.

In accordance with SEBI regulations and Petronet LNG‘s Code for Prevention of Insider Trading, the trading window for the company’s securities has been closed since 1st April 2026. This closure will remain in effect until 6th May 2026, 48 hours after the financial results and any dividend recommendations are made public. Insiders have been advised to refrain from dealing with the company’s securities during this period.

The decision to close the trading window aligns with the circular issued by stock exchanges on 2nd April 2019, which mandates such closures to prevent insider trading.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

PNB Housing Finance reports 19% increase in Q4 net profit to ₹656 crore

Arunika Jain — Mon, 20 Apr 2026 14:40:51 +0000

PNB Housing Finance Limited has announced its consolidated audited financial results for the quarter and financial year ended 31st March 2026, showcasing a significant growth in key performance metrics.

For the fourth quarter of FY26, the company reported a net profit of ₹656 crore, marking a 19% year-on-year increase from the ₹550 crore recorded in the same period last year. The net profit for the entire fiscal year rose by 18% to ₹2,291 crore, up from ₹1,936 crore in FY25.

The company’s loan assets grew by 15.3% to ₹87,347 crore as of March 31, 2026, compared to ₹75,765 crore a year earlier. Disbursements for the quarter surged by 36.5% to ₹9,355 crore, while the full-year disbursements increased by 20.8% to ₹26,548 crore.

PNB Housing’s net interest income for Q4 FY26 stood at ₹813 crore, a 10.8% increase from the ₹734 crore reported in Q4 FY25. The net interest margin for the quarter improved by 6 basis points to 3.69% compared to the previous quarter.

The company achieved a significant milestone with its assets under management surpassing ₹90,000 crore, reaching ₹90,921 crore, reflecting a 13% year-on-year growth. Retail loan assets grew by 16% year-on-year to ₹86,946 crore, accounting for 99.5% of the total loan assets.

The gross non-performing assets (GNPA) ratio improved to 0.93%, a reduction of 15 basis points from the previous year, indicating enhanced asset quality. The return on assets (ROA) improved by 10 basis points to 2.66%, and the return on equity (ROE) increased by 54 basis points to 12.73%.

The capital risk adequacy ratio stood at 27.26% as of March 31, 2026, with Tier I capital at 26.89%. The Board of Directors has recommended a dividend of ₹8 per equity share for FY26, subject to shareholder approval.

Commenting on the results, Ajai Shukla, Managing Director & CEO, highlighted the company’s resilient and balanced growth, emphasizing the strategic restart of corporate lending and the focus on technology to enhance operational efficiencies and customer experience.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

CEAT invests Rs 325 lakh in Tyresnmore through rights issue

Arunika Jain — Mon, 20 Apr 2026 12:22:22 +0000

CEAT has announced a significant investment in its wholly owned subsidiary, Tyresnmore Online Private Limited, amounting to ₹ 325 lakh. This investment will be made through a rights issue, involving the subscription of 26,626 equity shares.

The proposed investment is classified as a related party transaction under Section 177 of the Companies Act, 2013, and Regulation 23 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. However, the transaction is conducted at arm’s length, and CEAT‘s promoter group has no additional interest in Tyresnmore beyond its status as a wholly owned subsidiary.

Tyresnmore operates in the auto ancillary sector, focusing on the sale of automotive tyres, batteries, and related services. The company reported a turnover of ₹ 3,225.73 lakh as of March 31, 2025. The investment is expected to maintain CEAT’s 100% shareholding in Tyresnmore.

The completion of the share allotment is anticipated by May 8, 2026, with the transaction conducted through cash consideration via normal banking channels.

Tyresnmore, incorporated on June 2, 2014, in New Delhi, India, has shown a steady increase in turnover over the past three years, with figures of ₹ 1,481.15 lakh in FY 2022-23, ₹ 2,558.64 lakh in FY 2023-24, and ₹ 3,225.73 lakh in FY 2024-25.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

NBCC secures Rs 5,779 crore from e-auction of commercial space in New Delhi

Kinjal — Fri, 17 Apr 2026 06:30:10 +0000

NBCC (India) has successfully concluded the e-auction of commercial built-up space at Bharat Business Park, Sarojini Nagar, New Delhi, securing a total sale value of approximately ₹5,779 crore. The auction involved around 14 lakh square feet of commercial space.

The company will receive a marketing fee of 1% of the sale value from this transaction. The details of the sale are available on NBCC‘s official website.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

NBCC secures Rs 1,374.45 crore commercial tower in New Delhi

Kinjal — Fri, 17 Apr 2026 06:14:03 +0000

NBCC (India) has emerged as the highest bidder in an e-auction for a commercial tower at Bharat Business Park, Sarojini Nagar, New Delhi. The board of directors approved the proposal for the purchase, which is aimed at self-use, leasing, and investment.

The commercial tower spans approximately 279,989 square feet of super built-up area. The total estimated investment for this acquisition is approximately ₹1,374.45 crores, which includes duties and taxes. The payment for the purchase will be made in stages, linked to the progress of construction, and will adhere to the terms and conditions set out in the e-auction.

The acquisition is contingent upon the completion of necessary formalities and the execution of definitive agreements. This strategic move is expected to enhance NBCC‘s portfolio and provide potential revenue streams through leasing and investment.

Further details on this acquisition can be found on the company’s official website.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

TARC reports ₹9,000 crore gross development value with luxury projects

Business Desk — Wed, 15 Apr 2026 13:36:39 +0000

TARC Limited, a leading luxury residential real estate developer in New Delhi, has reported significant progress in its development projects, achieving a total gross development value of ₹9,000 crore. The company’s robust performance in FY2026 is bolstered by newly launched and upcoming projects.

Key milestones for TARC include the TARC Tripundra, a boutique luxury development launched in October 2022. Located in Pushpanjali Greens, New Delhi, this exclusive low-density residential project comprises three towers with 187 luxury residences. The development has recently commenced customer handovers, marking a significant milestone for the company. With a total gross development value of ₹1,000 crore, TARC has begun recognising revenue from this project.

Another major project, TARC Kailasa, located on Patel Road, New Delhi, has introduced premium tower inventory, reflecting strong demand for large-format residences. The development features six levels of landscaped greens, 170,000 sq. ft. of world-class amenities, and a seven-tier security system. The total gross development value for TARC Kailasa is now ₹4,400 crore.

In Gurugram, TARC’s Ishva project has unveiled Ishvara, its sixth and tallest tower. This expansion has increased the total gross development value to ₹3,600 crore. Ishvara’s unique four-side-open design maximises natural light and ventilation, offering a refined living experience.

For FY2026, TARC achieved sales of ₹1,323 crore and business cash flows of ₹1,132 crore. In the fourth quarter, sales and business cash flows were ₹395 crore and ₹223 crore, respectively. The company maintained strong collections, reflecting healthy customer traction and robust operating cash flow visibility.

Managing Director and CEO, Mr. Amar Sarin, highlighted the company’s progress, stating, “FY2026 marks a pivotal phase of progress for TARC. The commencement of handovers at TARC Tripundra is a key milestone, showcasing the successful execution of a distinctive development in the Capital.”

Looking ahead, TARC is poised to expand its development portfolio with new luxury and ultra-luxury projects in FY2027, aiming to set new benchmarks in the luxury residential segment.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

This article is written by Business Desk and reviewed by Markets Desk before publication.

NBCC signs MoUs with HUDCO for redevelopment and funding projects

Yash Agarwal — Mon, 13 Apr 2026 05:33:25 +0000

NBCC (India) Limited has signed two Memorandums of Understanding (MoUs) with Housing and Urban Development Corporation Limited (HUDCO) as of 11 April 2026. These agreements aim to enhance collaboration in urban development and project funding.

The first MoU focuses on the redevelopment of the August Kranti Bhawan located at Bhikaji Cama Place, New Delhi. Under this agreement, NBCC and HUDCO will collaborate on the redevelopment of a leasehold plot measuring approximately 18,830 square metres at Block No. 25, August Kranti Bhawan. NBCC will provide services including a techno-economic feasibility study, construction and project management, and monetisation of the built-up space.

The second MoU involves HUDCO providing funds for NBCC’s ongoing and upcoming projects under its self-sustainable model. This partnership aims to leverage the strengths of both organisations to undertake asset monetisation activities. NBCC will offer project management and marketing consultancy services, while HUDCO will provide the necessary funding on mutually agreed terms.

These partnerships are expected to expedite project execution, enhance asset value, and contribute significantly to urban infrastructure development. The MoUs are part of NBCC’s regular business activities.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

HUDCO signs MoUs with NBCC for redevelopment and asset monetisation

Kinjal — Sat, 11 Apr 2026 16:36:01 +0000

Housing and Urban Development Corporation Limited (HUDCO) has entered into two Memorandums of Understanding (MoUs) with NBCC (India) Limited, marking a significant collaboration in the areas of redevelopment and asset monetisation. The agreements were signed on 11th April 2026.

The first MoU focuses on the redevelopment of a leasehold plot measuring approximately 18,830 square metres at Block No. 25, August Kranti Bhawan, Bhikaji Cama Place, New Delhi. The collaboration will involve a techno-economic feasibility study, construction and project management, and the monetisation of built-up space. This initiative is aimed at enhancing the utilisation of the property, with HUDCO and NBCC jointly working towards its effective implementation.

The second MoU pertains to asset monetisation activities for NBCC’s self-sustainable model projects. Under this agreement, HUDCO, with the permission of the Government of India, will provide funding for ongoing and upcoming projects under NBCC’s self-sustainable model. NBCC will offer project management and consultancy services, ensuring the successful execution of these projects.

The agreements underscore a strategic partnership between HUDCO and NBCC, leveraging their respective strengths to achieve mutual goals. The MoUs are set to remain valid for two years from the date of execution, with provisions for annual review. Either party may terminate the agreement by providing one month’s written notice in advance.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Digital push: NTWB chair welcomes Jan Vishwas Amendment, calls it boost for traders

Rashmi Pandey — Fri, 10 Apr 2026 13:26:33 +0000

The 9th Meeting of the National Traders’ Welfare Board (NTWB) was held on April 10, 2026, at Vanijya Bhawan in New Delhi under the chairmanship of NTWB Chairperson Sunil J. Singhi. Senior officials from the Ministry of Commerce and Industry and representatives of national trader associations attended the session, which focused on regulatory reforms, inclusive trade policies, and digital empowerment for small traders and retailers.

Key discussions at the meeting

The Chairperson welcomed the passage of the Jan Vishwas (Amendment of Provisions) Act, 2026, highlighting that the law will promote ease of doing business by removing criminal penalties for minor procedural lapses and replacing them with graded, non‑custodial enforcement mechanisms. The amendment, which amends 79 central laws and over 780 provisions across 23 ministries, is being presented as a measure to reduce compliance burden for micro, small and medium enterprises (MSMEs) and traders.

In the area of digital empowerment, a detailed presentation was made by the Open Network for Digital Commerce (ONDC) team, outlining how the platform can help traders, especially small and medium businesses, access broader digital markets, logistics support, and payment solutions. The ONDC pitch emphasized the role of interoperable e‑commerce infrastructure in enabling price discovery, reducing customer acquisition costs, and integrating local shops into a pan‑India digital marketplace.

Board members were urged to carry these messages to trade bodies across India so that a wider spectrum of small traders can benefit from simplified compliance and digital‑commerce opportunities under current government initiatives.

Key highlights

9th NTWB meeting in New Delhi.
Chairperson welcomes Jan Vishwas Amendment.
Amendment promotes ease of doing business.
ONDC presentation on digital empowerment.
Traders urged to adopt digital tools.

Hi-Tech Pipes acquires Sain Software Systems for Rs 25.77 crore

Business Desk — Tue, 31 Mar 2026 11:16:30 +0000

Hi-Tech Pipes has announced the acquisition of a 100% stake in Sain Software Systems Private Limited for a total consideration of ₹25.77 crore. The acquisition, approved by the company’s Board of Directors, will see Sain Software Systems become a wholly-owned subsidiary of Hi-Tech Pipes.

Sain Software Systems, a private limited company incorporated under the Companies Act, 2013, is engaged in providing information technology services. The company has its registered office in Defence Colony, New Delhi. Despite having a net worth of ₹2.35 crore as of 31st March 2025, the company reported no turnover for the last financial year.

The acquisition is aimed at acquiring the land and building owned by Sain Software Systems, which will be used for Hi-Tech Pipes’ office premises. This move is expected to support the company’s current operational and future administrative requirements, providing long-term strategic value and ensuring efficient resource utilisation.

Hi-Tech Pipes plans to rebrand the target company and align it with its steel pipe business operations to achieve better operational synergy and brand consistency. The acquisition, which involves a cash consideration, is expected to be completed on an immediate basis, with a maximum time period of 90 days.

No governmental or prior regulatory approvals are required for this acquisition, which is being conducted on an arm’s length basis. The acquisition price was determined based on a valuation report from an independent registered valuer, and it includes the cost of land and building.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Punjab National Bank maintains lending rates as of April 2026

Kinjal — Mon, 30 Mar 2026 13:47:34 +0000

Punjab National Bank (PNB) has announced that its Marginal Cost of Funds Based Lending Rates (MCLR) will remain unchanged starting from 1 April 2026. The decision affects various tenors, with the overnight rate remaining at 7.95%, the one-month rate at 8.20%, the three-month rate at 8.40%, and the six-month rate at 8.60%. The one-year MCLR is set at 8.75%, while the three-year rate stands at 9.05%.

In addition to the MCLR, PNB’s Repo Linked Lending Rate (RLLR) will also remain unchanged at 8.10%, which includes a Business Spread (BSP) of 0.10%. The bank’s Base Rate is maintained at 9.50%.

These rates are effective from 1 April 2026, ensuring that customers and stakeholders are aware of the consistent lending environment provided by PNB.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

City Union Bank opens five new branches, reaching a total of 942

Yash Agarwal — Fri, 27 Mar 2026 12:14:18 +0000

City Union Bank has expanded its footprint by inaugurating five new branches on 27 March 2026. This development brings the bank’s total number of branches to 942, reflecting its ongoing commitment to increasing accessibility for its customers.

The new branches are strategically located in various regions to enhance customer convenience. The first branch is situated in Ambappur, Ariyalur District, Tamil Nadu, located at D, No. 21/05-2, Main Road, Vikkiramangalam. The second branch has been opened in Pudhuvettakkudi, Perambalur District, Tamil Nadu, at D.No. 3/21, Pandian Complex, Main Road.

Further expanding its presence in the national capital, City Union Bank has launched a branch in New Delhi‘s Punjabi Bagh area, located at House No. 17, Upper Ground Floor, Road No.33. In Haryana, two new branches have been established: one in Kurukshetra at the Ground Floor, SCO 3 Hartron Building, Opp. New Bus Stand, and another in Manesar at SCO T-17, Sector -1 Market, IMT Manesar, Gurugram District.

These new branches are part of City Union Bank’s strategic plan to extend its reach and provide enhanced banking services to a broader customer base across India.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

PVR INOX launches three-screen multiplex at DLF Midtown Plaza, expanding to 1,802 screens

Business Desk — Mon, 23 Mar 2026 10:16:12 +0000

PVR INOX Limited, India’s largest multiplex chain, has unveiled a new three-screen multiplex at DLF Midtown Plaza in Moti Nagar, New Delhi. This strategic launch bolsters the company’s presence in the national capital and broadens its reach across North India. The multiplex, situated near affluent residential areas such as Punjabi Bagh, Kirti Nagar, and Rajouri Garden, aims to serve as a convenient entertainment hub for over 15,000 families.

The new cinema complex features three auditoriums with a total seating capacity of 414 seats, including premium recliner seating in the last two rows of each auditorium. Equipped with state-of-the-art projection systems, the multiplex offers sharp, vibrant visuals. The Dolby 7.1 surround sound system enhances the auditory experience, enveloping audiences in multidimensional sound. For 3D screenings, a next-generation 3D system offers exceptional depth and clarity.

Designed to transcend traditional cinema formats, the multiplex introduces hospitality-inspired social spaces that cater to West Delhi’s vibrant social culture. The lobby, styled as a lounge, features natural greenery, layered textures, and warm lighting, creating a welcoming environment. The cinema also includes two food and beverage counters, offering a variety of refreshments tailored to the local culinary culture. Seating clusters with armchairs and sofa-style seating provide comfortable waiting areas.

The interior design features metallic textures, wood-finish panels, and warm recessed lighting, creating a premium visual environment. Each auditorium has distinct colour themes in shades of green, blue, and gold, complemented by fabric-finished side walls and elegant cove lighting.

In addition to the cinema experience, the property plans to introduce a gaming and entertainment zone, further establishing it as a family-friendly destination.

Ajay Bijli, Managing Director of PVR INOX Limited, commented on the launch, stating that the new multiplex reflects the company’s commitment to strengthening its presence in key urban micro-markets. He emphasised the role of cinemas as social and cultural anchors within communities.

Sanjeev Kumar Bijli, Executive Director of PVR INOX Limited, added that the property is envisioned as a future-forward entertainment hub that integrates design, technology, and hospitality. He highlighted the company’s focus on transforming cinemas into vibrant cultural and social destinations.

With this opening, PVR INOX now operates 114 screens across 28 properties in Delhi and 486 screens across 103 properties in North India.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

IREDA authorises officials for disclosure of material events under SEBI regulations

Business Desk — Thu, 19 Mar 2026 13:45:12 +0000

Indian Renewable Energy Development Agency (IREDA) has authorised key officials to determine the materiality of events or information and make disclosures to stock exchanges, in compliance with Regulation 30(5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The Board of Directors has delegated authority to the Chairman & Managing Director or Director (Finance)/Chief Financial Officer for assessing the materiality of events or information. Additionally, the Company Secretary or Executive Director (Finance & Administration) has been authorised to make disclosures to the stock exchanges on behalf of the organisation.

The designated officials authorised for these purposes are Shri Pradip Kumar Das, Chairman & Managing Director; Dr Bijay Kumar Mohanty, Director (Finance) & CFO; Smt Ekta Madan, Company Secretary; and Shri Tusar Kant Parida, ED (F&A).

Contact details for these officials have been provided to the National Stock Exchange of India and BSE Limited. Shri Das can be reached at 011-24682206-19 or cmd@ireda.in, whilst Dr Mohanty is available at 011-24347729-99 or df@ireda.in. Smt Madan’s contact number is 011-24682206-19 with email ektamadan@ireda.in, and Shri Parida can be contacted at 011-24347729-99 or tusarparida@ireda.in.

IREDA’s registered office is located at India Habitat Centre, East Court, Core-4’A’, 1st Floor, Lodhi Road, New Delhi-110003. The corporate office is situated at 3rd Floor, August Kranti Bhawan, Bhikaji Cama Place, New Delhi 110066.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

City Union Bank opens two new branches in New Delhi, total reaches 929

Yash Agarwal — Wed, 18 Mar 2026 11:32:37 +0000

City Union Bank has expanded its presence by opening two new branches in New Delhi, bringing the total number of branches to 929. The new branches were inaugurated on 18 March 2026, as per the regulatory filing submitted to the National Stock Exchange of India.

The first branch is located in Dilshad Garden, New Delhi, with the branch code 00933. It is situated at D.2I612, Central Block, near J&K Government School, New Delhi 110095. The second branch is located in Jasola, New Delhi, with the branch code 00934. This branch is positioned at 87, Ground Floor, Niruana Suites, Pocket – 1, Jasola, New Delhi 110025.

This expansion is part of City Union Bank‘s strategic initiative to increase its footprint and enhance its service offerings in the region. The bank aims to provide better accessibility and convenience to its customers in New Delhi through these new branches.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

TBO Tek modifies trust deed for employee benefit trust

Business Desk — Mon, 16 Mar 2026 12:56:04 +0000

TBO Tek has announced a modification to the trust deed of its Employees Benefit Trust, effective 16 March 2026. The change pertains to the principal office location of the trust.

The modification was executed under Regulation 3(3) of the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The updated deed of variation has been made available on the company’s official website.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

DCM Shriram secures USD 90 million investment from IFC for sustainability-linked debentures

Business Desk — Fri, 13 Mar 2026 09:21:28 +0000

DCM Shriram Limited has announced a USD 90 million investment from the International Finance Corporation (IFC) through the issuance of Sustainability-Linked Non-Convertible Debentures. This move underscores the company’s commitment to sustainable growth.

The transaction aligns with the International Capital Market Associations’ Sustainability-linked Bond Principles and Loan Market Association’s Sustainability-linked Loan Principles. It is anchored in DCM Shriram’s new Sustainability-Linked Loan Framework, independently reviewed by CareEdge ESG, enhancing transparency and demonstrating the robustness of the company’s sustainability roadmap.

The proceeds from this issuance will be used to bolster DCM Shriram’s strategic initiatives and support long-term growth plans. IFC’s investment aims to expand the company’s downstream chemicals business, foster local value creation, and support rural job creation through capital expenditures in its agri businesses, which engage extensively with farmers.

Amit Agarwal, Group CFO & Executive Director of DCM Shriram, highlighted the transaction as a significant milestone for the company, marking a defining moment in its journey towards responsible growth and sustainable value creation. Imad N. Fakhoury, IFC Regional Division Director for South Asia, expressed IFC’s pleasure in supporting DCM’s growth, aligning with India’s Make in India and Atmanirbhar Bharat initiatives.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

HEG reports Rs 5.31 crore equity acquisition by Redrose Vanijya

Business Desk — Fri, 13 Mar 2026 08:00:13 +0000

HEG Limited has disclosed a significant acquisition of equity shares by Redrose Vanijya LLP, a member of its promoter group. The transaction involved the purchase of 1,05,000 equity shares valued at ₹5,30,75,199.

Prior to this acquisition, Redrose Vanijya LLP held 5,67,37,775 equity shares, representing 29.401% of HEG‘s shareholding. Following the purchase, the entity’s holding increased to 5,68,42,775 shares, equating to 29.455% of the company’s total shares. The acquisition was executed on the open market on 13th March 2026, with each share priced at ₹505.48.

This transaction was conducted in compliance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, as specified under Regulation 7(2) read with Regulation 6(2).

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Airtel engages 20,000 employees in Customer Day 2026 initiative

Business Desk — Thu, 12 Mar 2026 08:29:23 +0000

Bharti Airtel marked Customer Day 2026 with a large-scale initiative involving nearly 20,000 employees stepping into the field to better understand customer pain points. This initiative reflects Airtel’s ongoing commitment to improving customer experiences.

The event saw employees from various levels, including leadership and functional specialists, working alongside frontline teams. They engaged directly with customers, shadowed field engineers, and interacted at retail and service centres to gain firsthand insights into customer concerns. Shashwat Sharma, Managing Director and CEO of Airtel India, emphasised the importance of this initiative, stating that it reinforces the company’s dedication to listening to customers and acting with urgency to resolve issues.

Customer Day is part of Airtel’s broader strategy to foster a culture of customer obsession, driving continuous improvement in service delivery. The company has implemented innovations such as enhanced spam and fraud protection and more intuitive digital journeys through the Airtel app, all shaped by customer feedback.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

RailTel secures Rs 784.33 crore order from Bharat Coking Coal

Matrika Shukla — Wed, 01 Jan 2025 10:22:46 +0000

RailTel Corporation of India Limited has announced the receipt of a significant work order from Bharat Coking Coal Limited valued at ₹784.33 crore, including taxes. The order, awarded on December 31, 2024, entails the implementation of an integrated IT-based security infrastructure alongside various associated services.

The project is scheduled for completion by August 28, 2025, reinforcing RailTel’s expertise in delivering large-scale IT solutions within critical sectors. Bharat Coking Coal Limited, a domestic entity, awarded the contract as part of its focus on enhancing operational efficiency and security.

RailTel clarified that neither the promoter group nor related parties have any interest in this transaction, and the project does not qualify as a related party transaction.

The contract represents another milestone for RailTel as it continues to expand its portfolio of cutting-edge IT and digital transformation projects across India.

IIT Bombay designs needle-free shock syringe for painless injections

Matrika Shukla — Sat, 28 Dec 2024 10:10:29 +0000

Needles are a source of anxiety for many, particularly for patients requiring frequent injections for chronic conditions like diabetes. Offering a potential breakthrough, researchers at IIT Bombay have developed a needle-free syringe, delivering drugs painlessly and safely using shockwave technology.

The innovative device, led by Prof. Viren Menezes from the Department of Aerospace Engineering, employs high-energy shock waves to create a microjet of liquid medication. This microjet penetrates the skin at nearly twice the speed of a commercial airplane during takeoff, ensuring minimal trauma and almost painless delivery.

How It Works

The device, roughly the size of a ballpoint pen, is equipped with a nozzle as fine as a human hair. This design ensures precise and comfortable drug delivery.

In laboratory tests on rats, the shock syringe demonstrated significant advantages:

Anesthetics: Matched needles effectively, acting within 3–5 minutes and lasting 20–30 minutes.
Viscous Drugs: Enhanced absorption by reaching deeper skin layers.
Insulin Delivery: Maintained stable blood sugar levels for longer durations.

Additionally, tissue analysis showed faster healing and reduced inflammation than traditional injections, suggesting the syringe’s suitability for repeated use.

Future Applications

This innovation holds great promise for vaccination campaigns, especially for children, and reduces the risk of infections from needle-related injuries. With over 1,000 successful uses in tests, the device offers a cost-effective solution, requiring only periodic nozzle replacements.

While further development and regulatory approvals are needed, the shock syringe could soon transform medical practices, making injections pain-free and safer for patients worldwide.

Teamo Productions HQ wins Rs 12 crore orders from Ganga Realty Group

Matrika Shukla — Fri, 27 Dec 2024 11:00:21 +0000

Teamo Productions HQ Limited (TPHQ), formerly known as GI Engineering Solutions Limited, has secured orders worth Rs 12 crore from Ganga Realty Group, a prominent infrastructure development company. The orders involve supplying structural steel for various projects, marking a significant achievement for TPHQ as it continues to grow its business in the infrastructure and engineering sectors.

This order is a testament to TPHQ’s efforts to expand its project sales segment and distribution network in the infrastructural steel domain. The company aims to achieve higher profit margins through direct sales to consumers, further enhancing its position in the market. Additionally, the company is exploring strategic mergers and acquisitions for exponential growth.

TPHQ, a well-established name in civil engineering, has diversified its business portfolio to include infrastructure development and entertainment sectors, venturing into film production, distribution, and allied businesses. The company’s business activities now span across residential and commercial development projects in Delhi and the National Capital Region (NCR), with plans to expand geographically.

This recent contract win highlights TPHQ’s continuous commitment to providing reliable solutions in the infrastructure sector, enhancing living standards and safety through modern development projects.

Sterling Tools announces technical collaboration with Zhejiang Meishuo Electric Technology Co.

Matrika Shukla — Mon, 02 Dec 2024 11:49:56 +0000

Sterling Tools Limited, a prominent player in the automotive fasteners and components manufacturing sector, has announced a strategic Technical Collaboration Agreement with Zhejiang Meishuo Electric Technology Co., Ltd., based in China. The agreement, finalized on December 2, 2024, focuses on the local manufacturing of latching relays for power transmission solutions in India. This collaboration aligns with India’s commitment to self-reliance and domestic manufacturing under the “Make in India” and “Atmanirbhar Bharat” initiatives.

As part of the agreement, Zhejiang Meishuo Electric Technology Co., Ltd. will provide technical expertise to Sterling Tools’ wholly owned subsidiary, Sterling Tech-Mobility Limited, for the production of latching relays. These relays are essential for various applications, including energy power grids, industrial grids, and consumer appliances. The partnership is poised to enhance India’s capabilities in the energy sector, support import substitution, and contribute to the country’s energy infrastructure development.

The collaboration is a significant step in advancing the domestic manufacturing of critical energy components, reinforcing Sterling Tools’ role in India’s growing energy sector. With Zhejiang Meishuo’s global experience and Sterling Tools’ established presence in India, this partnership is set to drive innovation, support sustainable growth, and make a meaningful impact on the Indian economy.

Union Minister launches Coal Logistics Plan to boost efficiency and sustainability

Matrika Shukla — Thu, 29 Feb 2024 14:17:21 +0000

Union Minister of Coal, Mines, and Parliamentary Affairs, Pralhad Joshi, inaugurated the ‘Coal Logistics Plan and Policy’ initiative at Vigyan Bhawan, New Delhi. Organized by the Indian National Committee World Mining Congress under the patronage of the Ministry of Coal, the event marked a significant step towards enhancing efficiency and sustainability in coal transportation.

Addressing the gathering, Joshi emphasized the critical need for efficient logistics to meet the escalating energy demand, projected to surge from 980 MT to 1.5 MT by 2030. The Coal Logistics Plan proposes a strategic shift towards a railway-based system in First Mile Connectivity (FMC) projects. This shift aims for a 14% reduction in rail logistic costs, translating to an annual cost saving of Rs 21,000 Crore. Moreover, it is expected to minimize air pollution, alleviate traffic congestion, and reduce carbon emissions by approximately 100,000 tonnes per annum. He highlighted the importance of augmenting railway network capacity through First-Mile Connectivity, expecting a 10% saving in the average turnaround time of wagons nationwide.

Underlining the significance of integrated transportation systems, Joshi highlighted the Ministry’s initiative to integrate Rail-Sea-Rail (RSR) transportation, which has witnessed a remarkable growth of around 50% over the past five years, with plans for further expansion to 120 MT by FY 2030. He also mentioned 37 critical railway projects identified to meet future coal evacuation demands, aligning with the PM Gati Shakti initiative. Additionally, the Ministry has launched 15 railway projects to address multimodal connectivity gaps, with five projects already commissioned.

In his keynote address, Amrit Lal Meena, Secretary, of the Ministry of Coal, reiterated the Ministry’s commitment to enhancing efficiency in coal transportation and fostering robust infrastructure development. Meena highlighted proposals for extensive energy corridor projects, including the construction of new railway lines and capacity augmentation of existing lines, stressing the importance of maintaining momentum to ensure coal’s integral role in India’s energy security and economic growth while upholding sustainability and social responsibility standards.

M Nagaraju, Additional Secretary, Ministry of Coal, emphasized the importance of seamless coal evacuation in an eco-friendly manner. He highlighted the Ministry’s Integrated Coal Logistics Policy and plan, aimed at developing a technologically enabled, cost-effective, and sustainable logistic ecosystem.

A panel discussion chaired by M Nagaraju witnessed industry leaders and representatives deliberating on holistic approaches towards coal transportation. Discussions emphasized India’s potential to achieve self-reliance in the coal sector, contributing to economic growth and environmental sustainability through investment in research and development, technical optimization, and resolution of transport constraints.

The event concluded with a call for close coordination among stakeholders to ensure easy access to coal for everyone while prioritizing efficiency, sustainability, and economic growth.

PM Modi launches landmark initiatives to strengthen cooperative sector

Rai Sinha — Sat, 24 Feb 2024 10:01:30 +0000

Prime Minister Narendra Modi inaugurated and laid the foundation stone for several key initiatives during a ceremony held at Bharat Mandapam in New Delhi today, which indeed marks a significant movie aimed at boosting the cooperative sector in India. The event, which commenced at 10:30 am, marks a pivotal step towards enhancing food security, driving economic development, and fostering good governance within the cooperative domain.

Addressing the gathering, Prime Minister Narendra Modi emphasized the crucial role of the cooperative sector in shaping a resilient economy and driving rural development. He underscored the sentiment that cooperation transcends mere structure, embodying a profound ethos and spirit.

“The cooperative sector possesses the transformative potential to convert rudimentary subsistence systems into robust industrial capacities,” remarked Prime Minister Modi, highlighting its indispensable role in rejuvenating India’s rural and agricultural economy.

A landmark initiative unveiled during the ceremony is the pilot project for the ‘World’s Largest Grain Storage Plan in Cooperative Sector.’ Spanning 11 Primary Agricultural Credit Societies (PACS) across 11 states, this pioneering endeavor aims to integrate PACS godowns seamlessly into the food grain supply chain. Endorsed by NABARD and spearheaded by the National Cooperative Development Corporation (NCDC), the initiative leverages convergence with existing schemes such as the Agriculture Infrastructure Fund (AIF) and Agriculture Marketing Infrastructure (AMI) to bolster food security and drive economic growth.

In addition to the grain storage plan, Prime Minister Modi laid the foundation stone for the expansion of PACS and agricultural infrastructure. This initiative entails the establishment of an additional 500 PACS nationwide, facilitating the construction of godowns and other essential agricultural infrastructure. Through collaborative efforts, participating PACS stand to benefit from subsidies and interest subvention under existing schemes, reaffirming the commitment to integrate PACS into the broader agricultural framework for enhanced efficiency and efficacy.

Furthermore, in alignment with the government’s vision of “Sahakar se Samridhi” (Prosperity through Cooperation), Prime Minister Modi inaugurated a project aimed at the digital transformation of 18,000 PACS nationwide. With a substantial financial outlay exceeding Rs 2,500 crore, this initiative entails the transition of functional PACS onto a unified Enterprise Resource Planning (ERP) based national software. By establishing connectivity between PACS, NABARD, State Cooperative Banks, and District Central Cooperative Banks, the project endeavors to bolster operational efficiency and governance, thereby benefiting millions of small and marginal farmers across the country.

Nevertheless, the initiatives launched and inaugurated by Prime Minister Modi depicts the government’s dedidcation as well as the commitment to fortify the cooperative sector, elevate agricultural infrastructure, and empower rural communities. With a strategic focus on collaboration, innovation, and digitalization, these initiatives are expected to chart a transformative trajectory towards a more inclusive and prosperous future for India’s cooperative sector and agricultural landscape in the near future.

PM Modi launches world’s largest grain storage project for cooperative sector

Matrika Shukla — Thu, 22 Feb 2024 12:18:06 +0000

On February 24th, 2024, Prime Minister Narendra Modi is set to inaugurate and lay the foundation stone for several initiatives aimed at revitalizing the cooperative sector in India. The event, scheduled to commence at 10:30 AM at Bharat Mandapam, New Delhi, marks a significant milestone in the government’s commitment to bolstering agricultural infrastructure and empowering small and marginal farmers across the country.

One of the key highlights of the event is the inauguration of the pilot project for the ‘World’s Largest Grain Storage Plan in Cooperative Sector.’ This initiative encompasses 11 Primary Agricultural Credit Societies (PACS) spanning 11 states, aiming to establish a seamless integration of PACS godowns with the food grain supply chain. By fortifying food security and enhancing economic development, this project, supported by NABARD and spearheaded by the National Cooperative Development Corporation (NCDC), underscores the government’s dedication to ensuring agricultural prosperity.

In addition, Prime Minister Modi will lay the foundation stone for an additional 500 PACS across the nation, earmarked for the construction of godowns and other agricultural infrastructure. This expansion initiative seeks to amplify the reach and impact of the cooperative sector, enabling more farmers to benefit from enhanced storage facilities and streamlined supply chain mechanisms. The convergence of various existing schemes, such as the Agriculture Infrastructure Fund (AIF) and Agriculture Marketing Infrastructure (AMI), further underscores the government’s commitment to fostering a conducive ecosystem for agricultural growth and development.

Furthermore, the inauguration of the project for computerization in 18,000 PACS nationwide heralds a new era of digital empowerment for the cooperative sector. Aligned with the government’s vision of “Sahakar se Samridhi,” this initiative aims to enhance operational efficiency and governance by transitioning all functional PACS onto a unified Enterprise Resource Planning (ERP) based national software. Developed by NABARD, the National Level Common Software promises to revolutionize the functioning of PACS, enabling seamless integration and connectivity with state and district-level cooperative banks.

With a financial outlay exceeding Rs 2,500 crore, these initiatives underscore the government’s commitment to revitalizing the cooperative sector and empowering farmers across the length and breadth of the nation. As Prime Minister Modi inaugurates and lays the foundation stone for these monumental projects, the cooperative sector embarks on a new trajectory of growth, resilience, and prosperity.

Union Agriculture Minister Arjun Munda calls for continued dialogue to resolve farmer-government differences

Gowri Jagadish — Thu, 22 Feb 2024 05:19:20 +0000

Union Agriculture Minister Arjun Munda stressed the importance of further efforts from the government and farmers to reach an agreement on important issues in a statement released on Thursday. Munda stated that additional work is needed to address unresolved issues and come to a mutually agreeable conclusion despite multiple rounds of meetings.

The progress in the current negotiations with farmers has been satisfactory, according to Munda, who said, “Meaningful talks have been held in the several rounds of discussions with farmers.” He did, however, draw attention to the need for persistent efforts on all sides to find common ground on some divisive matters.

The federal government’s steadfast commitment to giving farmers’ welfare and interests top priority was emphasised by the minister of agriculture. Munda emphasised, “The Government of India is committed to working for the interest of farmers, and it is doing that,” restating the administration’s resolve to deal with the issues brought up by the farming community.

A focal point against the backdrop of recent agricultural changes has been the ongoing talks between the government and farmers. Although there has been some progress, there are still disagreements on several matters, which calls for more communication and cooperation.

The farming community can feel reassured by Munda’s statement, which highlights the government’s commitment to finding cooperative solutions that are advantageous to all parties involved. Both parties’ recognition of the need for more effort on both ends shows a dedication to candid dialogue and teamwork in resolving the issues facing the farm industry.

India and Greece pledge to boost cooperation in various sectors

Aishi Saha — Wed, 21 Feb 2024 12:19:26 +0000

India and Greece have reaffirmed their commitment to strengthen bilateral cooperation across various domains, marking a significant stride in their diplomatic ties. During a bilateral meeting between Indian Prime Minister Narendra Modi and Greek Prime Minister Kyriakos Mitsotakis, held in New Delhi, both leaders underscored the need to bolster collaboration in areas ranging from trade and defence production to counter-terrorism efforts.

The visit by Prime Minister Mitsotakis holds particular significance as it marks the first such visit by a head of state from Greece to India in 15 years. This underscores the mutual desire to deepen engagement and explore avenues for enhanced partnership.

A key highlight of the discussions was the mutual agreement to expedite the formulation of a migration and mobility agreement, demonstrating a shared commitment to address contemporary challenges. Prime Minister Modi emphasized the importance of combating terrorism, affirming that both nations share common concerns and priorities in this regard. He reiterated the imperative of strengthening cooperation to effectively tackle the menace of terrorism.

The leaders also deliberated extensively on enhancing cooperation in defence and security, reflecting the deep mutual trust between the two nations. With India emerging as a promising hub for defence manufacturing, Prime Minister Modi highlighted the potential for collaboration in this sector, which could be mutually beneficial.

Moreover, both leaders emphasized the significance of resolving disputes through dialogue and diplomacy, underscoring the importance of peaceful conflict resolution mechanisms.

In addition to defence and security cooperation, the discussions also encompassed expanding collaboration in other sectors such as agriculture and the Indo-Pacific region. Prime Minister Modi welcomed Greece’s active participation in the Indo-Pacific, signaling a shared vision for a free, open, and inclusive maritime domain.

Furthermore, the leaders expressed their intention to explore avenues for enhancing trade ties and promoting economic cooperation. With new opportunities emerging in various sectors, there is a concerted effort to leverage synergies and foster mutual growth.

In conclusion, the meeting between Prime Ministers Modi and Mitsotakis signifies a renewed commitment to strengthen the longstanding friendship between India and Greece. By charting a course for deeper collaboration across diverse areas, both nations are poised to embark on a path of shared prosperity and mutual benefit.

Akasa Air introduces facial recognition at 9 airports, expands to 21 cities

Matrika Shukla — Tue, 20 Feb 2024 11:18:11 +0000

Akasa Air, backed by the Rakesh Jhunjhunwala group, has launched Digi Yatra’s facial recognition system across nine major airports in India. Passengers can now save time and bypass queues at airports in Bengaluru, New Delhi, Varanasi, Hyderabad, Lucknow, Ahmedabad, Guwahati, Kolkata, and Pune.

The DigiYatra service provides a fully biometric-based self-boarding solution, ensuring a seamless travel experience. Travellers can register their ID and biometric data, along with flight details, on the DigiYatra app before entering the terminal. State-of-the-art biometric technology then authenticates and verifies passengers’ identities as they move through the airport, prioritizing safety and security.

To enroll for DigiYatra, passengers should follow these steps:

1. Download the DigiYatra App from the Android or Apple store and register using their Aadhaar-linked mobile number.
2. Link their Aadhaar through Digi Locker, ensuring prior registration.
3. Ensure that the name on their Aadhaar matches the name used for flight booking.
4. Take a clear selfie, verify it with Aadhaar, and save the credentials.
5. Add their boarding pass to the DigiYatra App at least 24 hours before the flight and await confirmation.

Akasa Air serves 21 cities including Mumbai, Ahmedabad, Bengaluru, Chennai, Kochi, Delhi, Guwahati, Agartala, Pune, Lucknow, Goa, Hyderabad, Varanasi, Bagdogra, Bhubaneswar, Kolkata, Port Blair, Ayodhya, Gwalior, Srinagar, and Doha (Qatar).

PM Modi confident of BJP victory in upcoming elections, aims for 400-Seat mark

Rai Sinha — Sun, 18 Feb 2024 14:40:17 +0000

In a rousing address at the Bharatiya Janata Party’s (BJP) National Convention held at New Delhi’s Bharat Mandapam, Indian Prime Minister Narendra Modi rallied party members, expressing unwavering confidence in securing a resounding victory in the imminent Lok Sabha elections. Emphasizing the transformative agenda of his government, Modi urged BJP workers to redouble their efforts towards propelling India into the league of developed nations.

Addressing the enthusiastic gathering, Modi drew attention to a recent statement by Congress leader Mallikarjun Kharge, inadvertently bolstering the prospect of the National Democratic Alliance (NDA) clinching over 400 seats. “Even the opposition leaders are conceding victory to the NDA, with projections surpassing 400 seats,” remarked Modi, signaling a wave of optimism within the party ranks.

However, Modi acknowledged the formidable task ahead, noting that to achieve such a feat, the BJP would need to cross the historic milestone of 370 seats. Undeterred by the challenge, Modi underscored the pivotal role of the forthcoming elections in shaping India’s trajectory over the next five years. “Our vision is to propel India towards development, and the next five years are critical in realizing this aspiration,” affirmed Modi, rallying his audience with a call to action for the upcoming electoral battle.

In a bid to galvanize party members, Modi outlined a comprehensive strategy for the ensuing 100 days, urging them to engage with every segment of society and garner trust across the nation. “We are not here merely for politics but to serve the nation,” reiterated Modi, underscoring the BJP’s commitment to inclusive governance and socio-economic progress.

Reflecting on his government’s accomplishments, Modi touted the eradication of corruption and terrorism, alongside initiatives aimed at uplifting the underprivileged and expanding the middle class. Highlighting his administration’s proactive engagement on the global stage, Modi reiterated his unwavering resolve, encapsulated in the slogan, “Aayega to Modi hi” (Modi will prevail).

The BJP’s National Convention also witnessed the passage of significant resolutions, including the endorsement of ‘Viksit Bharat’ (advanced India) and reaffirmation of the commitment to the construction of the Ram Temple in Ayodhya. BJP National President JP Nadda echoed Modi’s optimism, urging party workers to surpass the 370-seat mark in the upcoming elections.

Union Home Minister Amit Shah echoed the sentiments of confidence, predicting a resounding mandate for the NDA, with Modi at the helm for a third consecutive term. Shah rebuked the opposition, accusing them of tarnishing India’s democratic fabric and perpetuating corruption and nepotism.

Therefore, as the political landscape intensifies ahead of the Lok Sabha elections, PM Modi’s rallying cry at the BJP National Convention underscores the party’s determination to secure a decisive victory and propel India towards a future of prosperity and progress.

India and EU to commence seventh round of FTA negotiations

Rai Sinha — Sun, 18 Feb 2024 14:01:42 +0000

New Delhi is set to host the commencement of the seventh round of negotiations between India and the European Union (EU) regarding a free trade agreement (FTA) on Monday. Alongside discussions on the FTA, talks will also encompass an investment protection agreement (IPA) and an agreement on geographical indications (GIs).

Expected to span five days, the upcoming round of negotiations follows the conclusion of the sixth round in Brussels on October 27, 2023. The preceding discussions delved into policy areas concerning goods and government procurement offers, with the seventh round anticipated to extend its focus to include services and investment.

Chief negotiators from both sides laid the groundwork for the upcoming talks through meetings in Brussels and New Delhi, paving the way for substantive discussions. While previous rounds covered significant ground on matters related to goods and public procurement, the forthcoming negotiations are poised to address remaining complexities and advance mutual interests.

Despite the complexities involved, negotiations have progressed steadily, with both parties engaging constructively over the past few months to reconcile disparities and set the stage for the seventh round. Technical sessions during the sixth round spanned various policy areas and chapters, totaling 71 sessions conducted in-person and virtually.

However, the road to a finalized agreement remains challenging, particularly given the impending general elections in India and European Parliament polls. Despite mutual interest in advancing the deal, a breakthrough may be delayed until after these electoral processes.

One contentious issue revolves around the EU’s proposal to implement a Carbon Border Adjustment Mechanism (CBAM) on imports, including those from India. India staunchly opposes this move, emphasizing its commitment to environmental protection but resisting the integration of such measures into trade agreements.

As negotiations proceed, India is actively preparing its industries to embrace sustainable practices, such as the production of green steel, cement, and hydrogen. Meanwhile, the EU’s demands include the removal of trade barriers for smaller European firms and access to India’s services and public procurement markets, all negotiated with a focus on reciprocity and equity.

Recognizing the differences between micro, small, and medium enterprises (MSMEs) in both regions, negotiators are mindful of protecting India’s MSMEs, agriculture, and dairy sectors during discussions. India, as the world’s fifth-largest economy, is committed to safeguarding the interests of its vulnerable farming community, viewing farming as essential for subsistence rather than solely for profit.

Unlike recent FTAs with other nations, the proposed agreement with the EU is notably comprehensive, given the size and scope involved. With 27 member countries in the EU and a broad range of subjects under negotiation, finalizing the pact is expected to require more time and intricate deliberations.

The resumption of bilateral negotiations in 2022, following Prime Minister Narendra Modi’s participation in a leaders’ meeting hosted by the EU in May 2021, signifies a renewed commitment to strengthening trade and investment ties between India and the EU. Despite the challenges ahead, both sides remain determined to navigate complexities and achieve a mutually beneficial agreement.

BJP aims for 370 Lok Sabha seats as tribute to Syama Prasad Mookerjee, PM Modi asserts

Rai Sinha — Sat, 17 Feb 2024 13:59:38 +0000

Prime Minister Narendra Modi, addressing the office bearers during the Bharatiya Janata Party’s (BJP) two-day national council meet in New Delhi, articulated a bold ambition: winning 370 Lok Sabha seats in the upcoming election. He framed this electoral goal as a homage to the late Syama Prasad Mookerjee, highlighting his pivotal role in advocating for the annulment of Article 370.

Syama Prasad Mookerjee, a stalwart of the Indian political landscape, spearheaded the campaign against Article 370, which granted special status to Jammu and Kashmir. This provision, a longstanding bone of contention, was eventually revoked through parliamentary action in 2019—a milestone celebrated by the BJP. Modi underscored the significance of Mookerjee’s legacy, positioning the attainment of 370 seats as a testament to his vision and sacrifice.

In his directive to party members, Modi emphasized the imperative of weaving the BJP’s Lok Sabha campaign around its pro-poor initiatives and the nation’s strides in development and global stature. He laid out a strategic imperative for the cadre: ensuring a minimum addition of 370 votes at each polling booth. Furthermore, he urged outreach efforts targeting first-time voters, emphasizing the transformative changes witnessed in India since 2014.

The Prime Minister cautioned against succumbing to negative campaign narratives orchestrated by the opposition, urging the party to steer clear of unnecessary distractions. Additionally, he underscored the BJP’s governance record, characterizing it as untainted by corruption or malpractice—a distinction that merits amplification in the public discourse.

Vinod Tawde, the BJP’s national general secretary, briefed the media on the PM’s directives. He underscored the party’s commitment to highlighting its corruption-free governance and development-oriented agenda. Tawde also outlined forthcoming initiatives, including a campaign to engage beneficiaries of central government schemes starting from February 25.

As part of its outreach strategy, the BJP plans to table resolutions for discussion and passage, focusing on themes such as “Viksit Bharat” (Developed India), “Modi Guarantee,” and the rallying cry of “Phir Ek Baar Modi Sarkar” (Once Again, Modi Government).

The BJP’s ambitious electoral target, framed as a tribute to Syama Prasad Mookerjee’s legacy, underscores the party’s determination to consolidate its mandate and reaffirm its commitment to transformative governance. With the elections looming on the horizon, the BJP appears poised to leverage its track record and ideological clarity to mobilize support and secure a resounding mandate.

Farmers clash with security forces near New Delhi as protests intensify

Gowri Jagadish — Tue, 13 Feb 2024 13:42:19 +0000

After ineffective discussions with the government, thousands of farmers were marching towards New Delhi, and tensions erupted close to the Indian capital as security forces used tear gas to scatter them. About 200 kilometres north of the city, in the Ambala region, protesters encountered a forceful police response as they demanded more help and promises.

Police erected barriers of barbed wire, spikes, and cement blocks to obstruct several entry points into New Delhi. Huge gatherings were outlawed in the city, while internet access was cut off in several areas of the nearby state of Haryana.

A farmer group leader named Sarwan Singh Pandher explained why the demonstrators were reluctant to breach barricades and stressed their wish for a peaceful conclusion. He did, however, emphasise their necessity if the government failed to join to their requests.

On Monday, union officials and government ministers were unable to agree on several important demands made by farmers, such as increased support prices, crop price guarantees, loan forgiveness, and other concessions. Pandher charged that the government had broken its pledge to double farmers’ incomes three years prior.

The sheer volume of tractors—hundreds of them—moving from Punjab, Haryana, and Uttar Pradesh towards the capital highlighted the political clout of farmers. Protests are once again a possibility ahead of the anticipated April start of the national elections.

On Republic Day in 2021, farmers broke over barriers and entered the city as part of a similar “Chalo Delhi” march. There were at least 700 casualties and the establishment of improvised camps as a result of this year-long protest against an agricultural reform law that presented a serious threat to Prime Minister Narendra Modi’s administration.

Three controversial rules that farmers claimed would give private corporations power over the agriculture industry were overturned by Modi’s government in response to the intense outcry. It was agreed to set up a panel of government representatives and farmers to discuss support prices for all farm produce. Subsequent sessions, although, have not produced any results.

With roughly a fifth of the country’s GDP coming from agriculture, which employs two-thirds of the workforce, climate change is making matters worse for the sector. Many appeals for broad government support have been made again as thousands of farmers perish from debt, poverty, and crop failure.

Global Maritime India Summit 2023: ‘India is preparing to become a developed nation,’ says PM Modi

Uddeshya Thakur — Tue, 17 Oct 2023 10:26:23 +0000

On Tuesday, Prime Minister Narendra Modi participated in the inaugural program of the third edition of the Global Maritime India Summit (Global Maritime India Summit 2023) through video conference. During this period, he inaugurated and laid the foundation stone of projects worth more than Rs 23,000 crore. “This is an important forum which will bring together stakeholders from around the world to discuss crucial issues and chart the course for the future of maritime trade and development,” said PM Modi before addressing the session in a post on X.

Addressing the Global Maritime India Summit 2023. https://t.co/Mrs2rjFxoW

— Narendra Modi (@narendramodi) October 17, 2023

Addressing the program, PM Modi said, “I congratulate all of you. Earlier, when we met in 2021, the whole world was surrounded by the uncertainty of Corona. At that time, no one knew what the world would be like after Corona. But today, a new world order is taking shape in the world.”

PM Modi also said that India will soon join the top 3 economic powers of the world. “India’s economy is continuously strengthening in a world surrounded by economic crisis. The day is not far when India will be one of the top 3 economic powers of the world. With this thinking, we have been working in a planned manner for the last 9 years to strengthen this sector.”

आज का भारत, अगले 25 वर्षों में विकसित होने के लक्ष्य पर काम कर रहा है।

हम हर सेक्टर में क्रांतिकारी परिवर्तन ला रहे हैं: PM @narendramodi pic.twitter.com/9jv5Bk6NqR

— PMO India (@PMOIndia) October 17, 2023

“Under the leadership of PM Modi everyone knows how the country has moved forward on the road to development. This is going to be a three-day programme starting today. The programme will be inaugurated by PM Modi. Prominent personalities in the maritime industry from the country and abroad will be participating in the programme. India is going to be a leading maritime nation in the coming days,” said Union Minister of Ports, Shipping & Waterways and Ayush, Sarbananda Sonowal. (As quoted by ANI)

#WATCH | Mumbai: On the third edition of Global Maritime India Summit (GMIS) 2023, Union Minister of Ports, Shipping & Waterways and Ayush, Sarbananda Sonowal says, "…Under the leadership of PM Modi everyone knows how the country has moved forward on the road to… pic.twitter.com/1jqAp9EPtV

— ANI (@ANI) October 17, 2023

The Global Maritime Summit is organised for providing a platform to invite investment in country’s maritime sector.

BB16 fame Archana Gautam and her father allegedly beaten up outside a Political party’s office in New Delhi; Video goes VIRAL!

Shukrta Vaigankar — Sat, 30 Sep 2023 07:19:39 +0000

Bigg Boss 16 fame Archana Gautam arrived at the Congress party’s headquarters in New Delhi on Friday, she was mistreated as she was accompanied by her father. According to India TV journalist Sanjay Sah, they were barred from entering the party office and beaten at the gate.

Archana Gautam’s father said he had come to congratulate party leader Priyanka Gandhi and national president Mallikarjun Kharge on passing of the Women’s Bill in Parliament. According to Archana Gautam’s father, “We were shocked by the incident, we are very hurt, and we are in panic.”

Watch video:

#BiggBoss16 Contestant #ArchanaGautam and her father were mistreated by some Congress party worker.

Bharat Jodo or Congress Todo ? pic.twitter.com/5AYGcw1SNr

— BiggBoss24x7 (@BB24x7_) September 30, 2023

Video Credits – X (Twitter) @ibb24x7, @BiggBoss_Tak

Popular model Archana Gautam has been a candidate from Hastinapur assembly of Meerut in the UP assembly elections on Congress party.

She is a popular figure in the modelling industry and has competed in various beauty pageants in addition to being a Congress party leader. She was crowned Miss Bikini India 2018 and previously represented India at Miss Cosmos World 2018. Moreover, she was crowned Miss Uttar Pradesh in 2014.

She rose to fame in the 16th season of Salman Khan’s reality show Bigg Boss. She has appeared in various films as a cameo, including Great Grand Masti, Baaraat Company, and Haseena Parker.

She is currently in Rohit Shetty’s reality show Khatron Ke Khiladi 13 as a contestant.

Archana joined the Indian National Congress (INC) in November 2021. She contested in the 2022 Uttar Pradesh Assembly Elections from Hastinapur against Bharatiya Janata Party (BJP) candidate Dinesh Khatik and lost by a huge margin.

African Union Commission Chief speaks up over PM Modi welcoming it as a permanent member of the G20

Kashvi Basu — Sat, 09 Sep 2023 14:28:00 +0000

The African Union Commission (AUC) chairperson Moussa Faki Mahamat on Saturday i.e 9th September praised AU’s entry into the G20, highlighting that it will allow Africa to make its “effective contribution” in fulfilling global challenges.

“I welcome the African Union’s entry into the G20 as a full member. This membership, for which we have long been advocating, will provide a propitious framework for amplifying advocacy in favor of the Continent and its effective contribution to meeting global challenges,” the AU head wrote on X, formerly known as Twitter. Prime Minister Narendra Modi on Saturday formally announced the addition of a 55-member African Union as a permanent member of the G20. While addressing the inaugural session of the mega Summit, PM Modi said, “In keeping with the sentiment of sabka saath (with everyone), India had proposed that the African Union should be given permanent membership of the G20. I believe we all are in agreement on this proposal . Before we start our work, I invite the African Union president to take his position as a permanent member,” he said. As soon as the announcement was made public, External Affairs Minister S Jaishankar escorted the current chairperson of the African Union and Comoros President Azali Assoumani to his respective seat.

As for now , Nigerian President Bola Ahmed Tinubu, who is present at the Summit, said, “As a continent, we look forward to further advancing our aspirations on the global stage using the G20 platform.” All in all , collectively, African Union member states have a GDP of nearly USD 3 trillion and a steady population of about 1.4 billion.

Goyal emphasizes possibilities for women to find employment and sees India as a maker of high-quality footwear

Avinash Ram — Sun, 30 Jul 2023 04:11:22 +0000

The Indian footwear and leather industry was given a lot of attention by Commerce and Industry Minister Piyush Goyal, who emphasized its importance as a substantial source of foreign exchange. He emphasized the industry’s labor-intensive nature during the India International Footwear Fair 2023 (IIFF), which was hosted in New Delhi, pointing out that it creates employment prospects for almost 4.5 million people, 40% of whom are women. Goyal expressed the utmost faith in India’s ability to become the world leader in the production of premium footwear. India is the second-largest exporter of leather clothing, third-largest exporter of saddlery & harnesses, and fourth-largest exporter of leather items in the world, he noted, drawing attention to India’s remarkable rankings.

The minister also emphasized the significant fact that the Ministry of Micro, Small & Medium Enterprises (MSME) is in charge of overseeing over 95% of the production facilities in this sector.

According to Goyal, Indian shoe sizes will soon be introduced in order to distinguish Indian footwear internationally and lessen reliance on foreign sizing trends. As part of India’s growth plans for leather and footwear, the minister said that testing facilities will be developed by the government. Goyal urged the parties involved to grow the company while maintaining a commitment to environmental responsibility, eco-friendly operations, waste management, and the investigation of renewable energy sources.

According to him, organizations like CLRI, FDDI, and NIFT will work with the market to produce new goods and technologies that are in line with the shifting trends and demands of the market.

NSA Doval personally greets Oman PM on behalf of PM Modi

Avinash Ram — Mon, 26 Jun 2023 15:52:10 +0000

According to Oman News Agency (ONA), National Security Advisor Ajit Doval met with Sultan and Prime Minister of Oman Haitham bin Tarik on Monday and personally conveyed congratulations from Prime Minister Narendra Modi. When the Omani Prime Minister met with Ajit Doval, the national security adviser, in Al Baraka Palace, he was informed of the message.

PM Modi’s greetings and his best wishes for Oman’s development and prosperity were conveyed by Doval to the prime minister of Oman. In exchange, Haitham bin Tarik wished PM Modi continued success and prosperity in India, according to ONA. Haitham bin Tarik also wished PM Modi pleasantries.

General Sultan Mohammed Al Nu’amani, Minister of the Royal Office, who hosted Ajit Doval and his accompanying party this morning, was in the audience, according to ONA.

At the start of the meeting, the Minister of the Royal Office welcomed Doval and expressed his gratitude and appreciation to the Prime Minister of Oman for additional means of collaboration to accomplish mutual objectives between Muscat and New Delhi, according to ONA. They had friendly discussions and spoke over the bilateral ties between India and Oman during their meeting. Additionally, they discussed how to broaden these ties across all spheres of endeavour and traded opinions on a range of topics of shared concern.

Jet Airways is all set to start domestic operations in Q1 2022

News Desk — Mon, 13 Sep 2021 06:03:05 +0000

On September 13, Jet Airways is all set to start domestic operations in Q1 2022, according to the Jalan Kalrock Consortium, the successful resolution applicant of Jet Airways.

A productive meeting was being held by the Senior Members of the Jalan Kalrock Consortium along with the Jet 2.0 Operations Team led by the newly appointed Capt. Sudhir Gaur, Accountable Manager, and acting CEO. The process of bringing back the grounded carrier is on track with the existing Air Operator Certificate (AOC) already under process for revalidation. The Consortium is working closely with the relevant authorities and airport coordinators on slot allocation required airport infrastructure and night parking.

“In June 2021, approval has been received by the NCLT and from that time only work is going on along with all concerned authorities to get the airline back in the skies. Jet Airways 2.0 aims at restarting domestic operations by Q1-2022, and short-haul international operations by Q3/Q4 2022. Our plan is to have 50+ aircraft in 3 years and 100+ in 5 years which also fits perfectly well with the short-term and long-term business plan of the Consortium. It is the first time in the history of Aviation that an airline grounded for more than 2 years is being revived and we are looking forward to being a part of this historic journey,” Discussing details, Mr. Murari Lal Jalan, Lead Member of the Jalan Kalrock Consortium, and the proposed Non-Executive Chairman of Jet Airways said to the Press.

The new Accountable Manager and acting CEO of Jet Airways, Capt. Gaur said, “Jet will start with domestic operations on an all narrow-body aircraft fleet leased from major global aircraft lessors who have approached us, and with whom we continue to engage. Jet Airways has already hired 150+ full-time employees on its payroll and we are looking to onboard another 1,000+ employees FY 2021-22 across categories. The hiring will be in a phased manner and will be strictly on merit, to meet the operational requirements of the airline. The team at Jet Airways is committed to ensuring that Jet Airways will restart its operations with its first flight from New Delhi to Mumbai by Q1 2022.”

DDMA issues SOPs for reopening of schools in Delhi-NCR from September 1

News Desk — Mon, 30 Aug 2021 08:31:10 +0000

Schools in New Delhi will reopen from September 1, 2021, onwards for Classes 9 to 12. The decision of reopening was taken by the Delhi Disaster Management Authority, because of the continuous decline in the covid-19 cases. The Delhi government said schools will be opened from next month in a phased manner.

For classes 6 to 8 school will reopen from September 8, 2021, onwards. An official SOP has been issued by DDMA for the reopening of schools from September 1.

Following Guidelines are Issued by DDMA for reopening of schools:

A maximum of 50 per cent of students per classroom may be called for classes.
Every Classroom will follow different timetables following Social Distancing.
Between the Morning and Evening shifts, there will be a gap of one hour.
Students are not allowed to share their food, books, and other Stationery items with each other.
Lunch breaks should be held in open areas to avoid crowding.
The seating arrangement should be made with a gap of one bench between students.
Parents/guardians’ approval is must be required, if a parent doesn’t want to send his child they will not be forced.
Students, teachers living in Covid containment zones are not to be allowed to come to schools.
School Common area should be cleaned regularly. Thermal scanners, sanitisers, and masks, etc. are customary in school.
All teachers and staff coming should be vaccinated.
The distribution of ration and Vaccination part should be kept separate. Different entry and exit points will be made and civil defence staff will be bought into effective action.

Delhi: 6 missing in a shoe factory fire; MCD declared building “dangerous”

Aayushi Singh — Tue, 22 Jun 2021 05:29:03 +0000

On Monday morning, a fire broke out a shoe factory in the Outer Delhi’s Udyog Nagar. Six workers were rescued from the site however six remained missing. The MCD officials have declared the building dangerous. The Police have filed a case against the owner of the factory who has run away, under IPC section 308.

The fire occurred around 8 am and 23 fire tenders had rushed to the spot. Nine more fire tenders were sent on seeing the intensity of the fire. It took hours before the fire was under control. Until 6 pm the cooling operations were on as the smoke was still coming out of the building. Atul Garg, the Delhi Fire Services Chief had said that they received the call at 8:22 am and rushed over the spot with 33 fire tenders, the fire blaze had spread to the upper floors of the factory, and no casualties had been reported so far, the fire was completely under control while the cooling and search operations continued. However the building had been declared dangerous by the MCD.

The police mentioned that the missing people had been identified as Neeraj, Shamshad, Raju, Vikram, Abhishek, and Ajay.

Parvinder Singh, the DCP outer district, said that there were 12 people trapped inside of the building and they first rescued four people and then two more. The search operations for the remaining six was going on. The flames spread as the building was filled with shoes and slippers, the fire was brought under control after six hours or more.

The entry was done by the officers as there were chances of the building to collapse, an officer said at the spot. He also said that in the start, the firemen tried to enter the first floor through a ladder and then later in the afternoon, a skylift crane helped the officers in reaching the third floor, luckily no bodies had been found.

The cause of the blaze was still uncertain, the officials however suspect a short circuit to be the cause of this incident.

The DCP mentioned that there was only one staircase in the factory and poor ventilation, and that the cause of the fire was ascertained. Howsoever there were only flammable materials like plastic covers, shoe boxes, and he said that anything could have caused the fire.

“MEA never sleeps”: S. Jaishankar strikes back at allegations by Congress’s Jairam Ramesh of MEA being inactive

Nitin Anand — Sun, 02 May 2021 06:11:50 +0000

On Sunday, May 2, Foreign Minister S. Jaishankar reacted to allegations raised by Congress leader and Rajya Sabha member Jairam Ramesh on the working of Ministry of External Affairs (MEA) for not helping and providing support to Embassy of Philippines.

S. Jaishankar tweeted– “MEA checked with the Philippines Embassy. This was an unsolicited supply as they had no Covid cases. Clearly for cheap publicity by you know who. Giving away cylinders like this when there are people in desperate need of oxygen is simply appalling.”

MEA checked with the Philippines Embassy. This was an unsolicited supply as they had no Covid cases. Clearly for cheap publicity by you know who. Giving away cylinders like this when there are people in desperate need of oxygen is simply appalling. @Jairam_Ramesh https://t.co/G3jPE3c0nR

— Dr. S. Jaishankar (@DrSJaishankar) May 2, 2021

He further added and said about Ministry of External Affairs– “Jairamji, MEA never sleeps; our people know across the world. MEA also never fakes; we know who does.”

Earlier on May 2, Congress’s Jairam Ramesh tweeted, “While I thank @IYC for its stellar efforts, as an Indian citizen I’m stunned that the youth wing of the opposition party is attending to SOS calls from foreign embassies. Is the MEA sleeping @DrSJaishankar,” while quoting the tweet shared by National President of Youth Wing of Indian National Congress, Srinivas B V.

In the last 24 hours, India reported 3,92,488 new COVID-19 cases and 3,07,865 patients got discharge, while 3689 people died of this deadly virus. Total active cases in India is now around 33.49 lakhs. The total death toll in India reached to 2,15,542.

Delhi likely to go under complete lockdown for 7 days amid surge in COVID-19 cases

News Desk — Mon, 19 Apr 2021 06:45:33 +0000

Delhi likely to be under curfew for seven days and the announcement for same is expected shortly, reports ANI.

The Delhi government will likely extend the weekend lockdown as the national capital has been reporting a record surge in daily Coronavirus cases.

Delhi likely to be under curfew for seven days. Announcement expected shortly. #COVID19 pic.twitter.com/OTlLHR3NLl

— ANI (@ANI) April 19, 2021

Delhi has been reporting its biggest single-day Covid numbers for the last few days amid the rapid second wave of infections. On Friday, it recorded 24,000 new Coronavirus cases. It also logged its highest-single day death count. Delhi’s positivity rate reached a whopping 24 per cent on Friday.

Last week, Chief Minister Arvind Kejriwal had announced Delhi would remain shut this weekend to “break the chain of transmission”.

Mr Kejriwal on Friday said that, “The rapidly increasing caseload had been exerting tremendous pressure on the national capital’s health infrastructure.”

“The situation is very serious and worrisome. Cases have gone up really fast. That is why we are facing shortages even though everything seemed under control until a few days ago. But the speed at which this corona is growing, no one knows where its peak will be,” he said in a virtual address.

Mr Kejriwal said the national capital had been experiencing shortages of hospital beds, drugs and medical oxygen.

“Any health infrastructure has limitations. The government is trying its best to increase the number of beds. I hope that we will be able to add 6,000 more beds in the next two to four days,” he added.

Don’t commit the mistake of testing our patience: Indian Army Chief, MM Naravane

Ruchira Sonawat — Fri, 15 Jan 2021 07:32:54 +0000

On the occasion of 73rd Army Day, Army Chief General MM Naravane, on Friday, said a “befitting reply was given” to an attempt to change the “status quo on borders” and that the sacrifice of “Galwan Bravehearts” would not go in vain. We are committed to finding the resolution of our disputes through discussions and political efforts but no one should commit the mistake of testing our patience while commenting on the Galwan dispute.

He also added by saying that ceasefire violations by Pakistan went up to 44 per cent in the year 2020. Around 300-400 terrorists are sitting in training camps near the border to infiltrate into the Indian territory. The army eliminated over 200 terrorists in cross-border operations last year.

Indian Army paid tribute to the soldiers at the National War Memorial in Delhi. Along with the Army Chief, among those present were CDS General Bipin Rawat, IAF Chief Air Chief Marshal RKS Bhadauria, and Navy Chief Admiral Karambir Singh.

A homage was paid to the soldiers by whose sacrifice in the line of duty inspires us to rededicate ourselves with renewed vigour by Chief of Defence Defence Staff General Bipin Rawat.

The Army Day is celebrated every year on January 15 since 1949, when Field Marshal Kodandera M Cariappa took over from General Sir Francis Butcher to become the Indian Army’s first Commander-in-Chief. The day has been observed as Army Day to recognise this and to acknowledge the achievements and risks undertaken by Indian army personnel.

Japan’s Kirin Holdings invests $30 million in Indian craft beer brand Bira 91

Sarthak Yadav — Mon, 04 Jan 2021 10:34:41 +0000

Today, Kirin Holdings the Japanese beer brewers announced to invest $30 million in New Delhi based B9 Beverages, manufacturers of popular Bira 91. The company seeks to secure a spot in India’s growing craft beer market amid falling sales at home.

As reported by Reuters, a Kirin spokesman and Bira CEO Ankur Jain said, that the Japanese brewer will acquire a stake of under 10% in B9. They declined to give further financial details.

B9 Beverages had been in talks with international brewers and other investors to sell a stake of up to 20% in the company, Reuters reported in the month of August.

Bira was hit hard by the COVID-19 pandemic and have reported losses in recent years, the investment will hence allow the independent brewing company to break even in the fiscal year 2021-22, Ankur Jain told Reuters.

“The companies will be exploring business synergies,” Jain said, adding that the investment would allow Bira to accelerate plans to launch its products in Japan later this year.

Jain added that he expects the deal to be closed over “the next few days” and that talks were also underway with a view to selling a further 10% stake in Bira to financial investors.

Bira launched in the year 2015 holds around 5-10% share of the beer market in cities such as New Delhi, Mumbai and Bengaluru.

Kirin meanwhile has historically shown interest in independent breweries and owns a minority stake in New York’s Brooklyn Brewery.

PitchBook an independent data provider reported that Bira was valued at USD 210 million in 2018. US-based Sequoia Capital holds a roughly 45% stake in the company, while CEO Ankur Jain and his family own around 30%.

Craft beer sales are on the rise in India as younger, affluent consumers in big cities choose brands and pubs that make lighter brews and promise fresher ingredients.

Fire breaks out in an office at East Delhi’s mall

Anu Jain — Thu, 24 Sep 2020 05:06:11 +0000

A fire broke out in an office at Aditya Mall in East Delhi’s Karkarduma area, today morning.

The fire took place on the second floor of the mall at 7.50 am and eight fire tenders were rushed to the spot, said a senior fire official.

Fire breaks out in an office at Aditya Mall in east Delhi's Karkarduma

— Press Trust of India (@PTI_News) September 24, 2020

More details awaited.

Deepak Kochhar tests POSITIVE for COVID-19, admitted at Delhi’s AIIMS Hospital

Nivedya P T — Mon, 14 Sep 2020 10:23:38 +0000

Deepak Kochhar who has been arrested last week by Enforcement Directorate (ED) in connection with a money laundering case tests positive for COVID-19. He has been admitted to Delhi’s AIIMS hospital and is asymptomatic according to sources.

The sources also stated that the ED team along with Kochhar’s lawyers have been asked to quarantine themselves.

Kochhar was also taken to Delhi for investigation after his arrest from Mumbai for which his counsel Vijay Aggarwal said, “Taking my client to Delhi was illegal. They have put me and themselves at risk. The investigative agency shouldn’t have indulged in such a heroic act,” according to the Economic Times.

Deepak is the husband of former ICICI Bank MD &CEO Chanda Kochhar.

Has Deepika Padukone’s ‘brand value’ dented forever?

News Desk — Thu, 16 Jan 2020 14:24:31 +0000

Latest reports in financial and other media have said that Deepika Padukone’s brand value has greatly suffered after her so-called ‘PR stunt’ showing solidarity with protesting students at the Jawaharlal Nehru University (JNU) in New Delhi, just before the release of her new film Chhapaak.

They add that Chhapaak has failed at the box-office following the widespread #BoycottChhapaak call on social media. Buzz has it that certain brands are reducing the visibility of ads featuring Deepika. However, Bollywood’s only PR guru Dale Bhagwagar strongly disagrees with these reports.

“Though Bollywood and activism are best kept apart, I do not agree that Deepika’s brand will severely be dented in the long run. If she handles her appearances well, it will not even take the public two-three weeks to move on. Deepika will bounce back,” says the Bollywood publicist.

However he analyses that some firms may take some time to come to terms with the recent developments. “The corporate world is not as chilled out as Bollywood. The film industry can take controversies in their stride and move on pretty fast. But for the ad world, turnarounds have to be handled deftly and delicately,” Dale points out.

“Having said that, it does not mean Deepika’s fortunes will dwindle. While many of the existing corporate brands should stay loyal, it is possible that her portfolio of endorsements may look a little different in future. Not small; just different.”

Much will depend on how she handles the crisis management part from here, opines the PR expert. “After the Chhapaak controversy, Deepika was seen handing out award trophies to photographers at the Press Club in Mumbai, celebrating milestones achieved by INOX and also at promotions of the Salman Khan-hosted reality show Bigg Boss. That’s already a fresh start.”

However, we wonder if cozying up to media by handing out award trophies would help her tainted brand. Though we secretly wish that Dale’s words are proven right. After all, we want to see more of Deepika’s powerhouse performances including her glowing face and sparkling smile.