 "HAL and Safran Forge Ahead with Revolutionary Aravalli Helicopter Engine Partnership")
Hindustan Aeronautics Limited (HAL) has partnered with French engine maker Safran Helicopter Engines to enhance its light helicopter offerings. This collaboration has a history, as Safran has provided engines like the Artouste for Cheetah and Chetak helicopters, and the Shakti engine for the Dhruv and Prachanda models. The latest development in this partnership is through ...
 "Canadian Firm Invests ₹250 Crore to Revolutionize Karnataka’s Agricultural Landscape")
Karnataka State Minister M B Patil announced that Vitera, a prominent Canadian agricultural company, is investing Rs 250 crore to improve agricultural infrastructure in Vijayapur district. This investment aims to establish modern cold storage facilities, which will significantly reduce post-harvest losses for local farmers and enhance the overall efficiency in the production, supply, and sale ...
 "Yogi Adityanath Unleashes E-Commerce Revolution for Uttar Pradesh’s MSMEs")
Uttar Pradesh Chief Minister Yogi Adityanath highlighted the state’s commitment to enhancing packaging and export capabilities through e-commerce platforms, particularly praising Flipkart’s recent establishment of two new warehouses in Unnao and Varanasi. He noted that these initiatives support the Centre’s One District One Product scheme and bolster the local MSME sector, which plays a crucial ...
 "India’s GDP Growth Hits Five-Quarter Low Amid Economic Shifts and Challenges")
India’s economic growth for the June quarter slowed to 6.7%, marking a five-quarter low, primarily due to a rise in net indirect taxes. The growth fell short of the Reserve Bank of India’s 7.1% prediction and a Reuters poll estimate of 6.9%. Despite this, the gross value added (GVA) showed sequential growth at 6.8%. Agricultural ...
 "Intel Faces Crisis: Gelsinger’s Bold Turnaround Plan on the Brink")
Intel is facing a challenging period, considering major changes in its operations, including a potential split of its product design and manufacturing branches. This comes after a disappointing earnings report that significantly impacted its stock prices. With the guidance of investment banks Morgan Stanley and Goldman Sachs, Intel is evaluating various options, although no immediate ...
 "Sebi Tightens Rules: Only Top Stocks Allowed in Derivatives Trading")
Sebi Tightens Rules: Only Top Stocks Allowed in Derivatives Trading
The Securities and Exchange Board of India (SEBI) has updated the criteria for stocks entering and exiting the derivatives Market. To qualify, stocks must now have a Median Quarter Sigma Order Size of at least Rs 75 lakh, increased from Rs 25 lakh, and a Market Wide Position Limit of Rs 1,500 crore, up from ...
 "Land Prices Skyrocket in Ayodhya Post Ram Temple Consecration Ceremony")
Following the consecration of the Ram Temple in Ayodhya earlier this year, land prices in the temple town have surged significantly. Next month, the circle rate for land in the Sadar tehsil will increase by up to 200%, marking the first revision since 2017. This hike comes as a response to rising demand from investors, ...
 "Haryana Assembly Elections 2024: A Race of Ambition and Strategy Unfolds")
As the Haryana Assembly elections approach, with voting set for October 1 and nominations closing on September 12, candidate selection is underway. The Congress party is actively processing applications, having received 2,556 completed forms. The party charges Rs 20,000 for each candidate application, with a reduced fee of Rs 5,000 for Scheduled Caste candidates. The ...
 "Navigating Bureaucracy: The Promise and Perils of Lateral Entry Opportunities")
The concept of lateral entry into bureaucracy has gained attention as a way to bring fresh talent into government positions. A personal reflection highlights the author’s experience with a job advertisement for the CEO role at the Punjab CSR Authority in 2020, igniting their desire to contribute to society through corporate social responsibility initiatives. This ...
 "Rebel Foods Slashes Losses with Notable Revenue Surge in FY24")
Rebel Foods, the parent company of popular cloud kitchen brands like Faasos, Behrouz Biryani, and Oven Story, has reported a significant improvement in its financial performance for the fiscal year 2024. The company narrowed its consolidated loss to Rs 378.21 crore, down from Rs 656.55 crore in the previous year. Revenue from operations grew by ...
