Month: October 2023

NLC India wins 810 MW grid-connected solar power project in Rajasthan
Business News, Feature, National News

NLC India wins 810 MW grid-connected solar power project in Rajasthan

New Delhi, October 09, 2023.State-owned firm NLC India Ltd (NLCIL) on Monday said it has bagged an 810 MW grid-connected solar photovoltaic power project in Rajasthan.The navratna company headquartered in Neyveli, Tamil Nadu bagged the order from Rajasthan Rajya Vidyut Nigam Limited (RRVUNL)."NLCIL has...garnered the entire capacity of the 810 MW tender floated by RRVUNL...for developing the project RRVUNL's 2,000 MW Ultra Mega Solar Park at Pugal Tehsil, Bikaner district, Rajasthan
Tea exports fall in first seven months of 2023
Business News, Feature, National News

Tea exports fall in first seven months of 2023

Kolkata, October 09, 2023.Tea exports from India have fallen marginally by 2.23 per cent during the first seven months of 2023 from January to July at 114.60 million kilogramme, according to the latest Tea Board data.During the same period of 2022, tea exports stood at 117.21 million kilogramme.Exports from North India, comprising primarily the states of Assam and West Bengal, stood at 69.56 million kilogramme in the first seven months of the current calendar year, as compared to 70.56 million kilogramme in the previous similar period.
India’s net zero emissions target by 2070 little too long-term: Hardeep Puri
Feature, National News

India’s net zero emissions target by 2070 little too long-term: Hardeep Puri

New Delhi, October 09, 2023.Union Minister Hardeep Singh Puri on Monday said achieving the net zero emissions target by 2070 is "little too long-term", indicating that the country may achieve the milestone ahead of the deadline.Under the net zero target, India will completely switch to renewables by 2070.Addressing the 26th Energy Technology Meet, Puri said: "Our net zero target by 2070 is a little too long-term." He is of the view that India is moving fast towards energy transition and stated that for GAIL, Bharat Petroleum Corporation Limited (BPCL) and others, the energy transition target is 2035 to 2040.
10 Nepali students killed in Hamas attacks in Israel
Feature, National News

10 Nepali students killed in Hamas attacks in Israel

Kathmandu, October 09, 2023.Ten Nepali students have been killed and four others injured in Israel after the Palestinian militant group Hamas launched a wave of rocket attacks in the country's southern region, Nepal's foreign ministry said on Monday.Hamas carried out a barrage of air strikes in Southern Israel on Saturday, killing over 600 people, including soldiers, and wounding more than 1,900.The Israel Defense Forces (IDF) in response launched multiple attacks targeting Hamas' key infrastructure. About 1,000 people have been killed in Israel and Gaza in the biggest escalation in decades between the two sides.
GST Council to discuss on apportioning, renaming compensation cess beyond March 2026
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GST Council to discuss on apportioning, renaming compensation cess beyond March 2026

New Delhi, October 09, 2023.The GST Council will decide on the modalities for appropriating the revenue collected by levying compensation cess on luxury, sin and demerit goods beyond March 2026, the deadline to repay loans taken by Centre to compensate states for revenue loss during Covid, an official said.Compensation cess was initially brought in for 5 years to make good the revenue shortfall of states following implementation of the Goods and Services Tax (GST). The compensation cess expired in June 2022, but the amount collected through the levy is being used to repay the interest and principal of the Rs 2.69 lakh crore that the Centre had borrowed during Covid.The GST Council will now have to take a call on the issue of 'GST compensation cess' with regard to its name, and ...
Mumbai-Ahmedabad bullet train: NHSRCL completes first mountain tunnel in Gujarat’s Valsad
Feature, National News

Mumbai-Ahmedabad bullet train: NHSRCL completes first mountain tunnel in Gujarat’s Valsad

Gujarat, October 09, 2023.A 350-metre-long mountain tunnel on the country's first high-speed rail corridor between Mumbai and Ahmedabad has been completed near Zaroli village in Gujarat's Valsad district.The National High Speed Rail Corporation Limited (NHSRCL), which is constructing the corridor, celebrated the moment by carrying out a final blast to remove the last layers of rock close to the tunnel's entrance."The biggest challenge for us was how to keep the alignment of the tunnel absolutely straight because the bullet train will run at a speed of 320 kmph and a minor alignment flaw can play a spoilsport. So every specification has to be followed precisely and you will not find a deviation of even a single millimetre," S P Mittal, Chief Project Manager of the Valsad section
Malabar Gold & Diamonds Wins Two Prestigious Awards in Jewellery Sector
Business News, Feature

Malabar Gold & Diamonds Wins Two Prestigious Awards in Jewellery Sector

Mumbai, October 09, 2023.Malabar Gold & Diamonds, a leading global jewellery retail brand, has bagged two prestigious awards in the jewellery sector. The jeweller has won ‘The Bride’s Pride’ National Jewellery Award 2023, instituted by the All India Gems and Jewellery Domestic Council, for the best bridal diamond jewellery, and ‘Seventh Retail Jewellers Guild Award’ for the best diamond jewellery design.Malabar Gold & Diamonds’ western region head Fanzeem Ahamed received ‘The Bride’s Pride’ award from Bollywood star Shilpa Shetty in Mumbai and northern region head Jishad N.K received the ‘Retail Jewellers Guild Award’ from portfolio director Pankaj Shinde in Delhi. Malabar’s extraordinary management skills, expertise and branding in launching elegant gold and diamond jewell...
The Most-awaited ‘Radio City Super Singer’ Season 15 is Back to Elevate Melodies with Padmi Shri Kailash Kher as the Mentor
Entertainment News, Feature

The Most-awaited ‘Radio City Super Singer’ Season 15 is Back to Elevate Melodies with Padmi Shri Kailash Kher as the Mentor

New Delhi, October 09, 2023.Radio City, India's leading radio network, raises curtains on the most-awaited Season 15 of its marquee property, 'Radio City Super Singer' (RCSS). Popularly known to provide a stage to budding singers, this season is set to explore music deeply while captivating the singer’s journey into the realm of music. With a legacy spanning 14 successful seasons, Radio City Super Singer has evolved into a celebration of raw vocal talent and a testament to the unifying power of music. This season, with Honda BigWing as the presenting sponsor, Radio City Super Singer expands its reach to encompass the prominent digital platforms alongside on-air and on-ground presence.With this year’s theme, 'Jiska Gana Vibe Karega, Wahi India Ka Singing Star Ban...
Assembly Elections 2023- schedule for Legislative Assembly Elections in five states 
Feature, Rajasthan Election

Assembly Elections 2023- schedule for Legislative Assembly Elections in five states 

Jaipur, October 09, 2023.The Election Commission of India (ECI) announced today the schedule for Legislative Assembly Elections in five states in the coming weeks: Chhattisgarh, Madhya Pradesh, Mizoram, Rajasthan and Telangana. The elections will begin on November 7 on Chhattisgarh and Mizoram. Chhattisgarh will go to the polls in two phases– first on November 7 and then on November 17. Polling in Madhya Pradesh will take place on November 17.Rajasthan and Telangana will go to polls on November 23 and 30 respectively. Counting for all states will take place on December 03.
RBI MPC keeps repo rate unchanged at 6.5%
Feature, National News

RBI MPC keeps repo rate unchanged at 6.5%

New Delhi, October 2023.RBI Monetary Policy Committee has kept the key policy repo rate unchanged at 6.5%. This is the fourth meeting on the trot that the MPC decided to maintain the status quo on the repo rate.The MPC last raised this rate by 25 bps to 6.50% at its meeting in February 2023. Announcing the bi-monthly monetary policy, RBI Governor Shaktikanta Das said the transmission of 250 bps repo rate cut is still incomplete. The Real GDP growth projection for FY24 remains unchanged at 6.5%. Similarly, inflation for FY24 is projected at 5.4%, unchanged from earlier.Preventing food and fuel price shocks are non-negotiable necessities, the Governor said. RBI may have to consider open market operations (OMOs) with regard to G-secs to manage liquidity, Das added. In the post Mon...
Tata Motors marks the advent of a new era in SUV excellence
Automobile News, Feature, National News

Tata Motors marks the advent of a new era in SUV excellence

Mumbai, October 07 2023.Tata Motors, India’s leading automotive manufacturer, today announced the commencement of bookings for the highly anticipated new Harrier and Safari models. Following the exceptional success of their predecessors, the new Harrier and Safari are poised to redefine the driving experience by integrating cutting-edge technology, unmatched safety features, and a design ethos that exemplifies Tata Motors' dedication to innovation and excellence. Starting today, customers can book their choice of the twin SUV at all the authorized Tata Motors dealerships or the company’s website at just INR 25,000.Commenting on this occasion, Mr. Shailesh Chandra, Managing Director, Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility said,“We are elated to commence ...
Driver Welfare Initiatives
Automobile News, Feature, National News

Driver Welfare Initiatives

Tata Motors has taken various steps to ensure driver skill development and safety training. Can you please shed some light on the same?A truck driver plays a vital role in the society, not only in ensuring systematic and timely delivery but also in road safety and optimising a vehicle's economic operations. Acknowledging this, Tata Motors has collaborated with State Governments to establish Driver Training Institutes nationwide. These institutes provide a blend of theoretical knowledge and hands-on training, covering a spectrum of vehicles from light motor vehicles (LMV) to heavy-duty trucks and specialised machineries like tippers and construction vehicles. In a decade, these institutes have trained over 5 lakh drivers enhancing driving skills, creating a pool of trained drivers and ...
IHCL PLANS NEW SKILL CENTRES IN PARTNERSHIP WITH HEAD HELD HIGH FOUNDATION
Feature

IHCL PLANS NEW SKILL CENTRES IN PARTNERSHIP WITH HEAD HELD HIGH FOUNDATION

MUMBAI, OCTOBER, 2023.Indian Hotels Company (IHCL), India’s largest hospitality company, today announced its partnership with Head Held High (HHH),India’s foremost non-profit driving youth transformation, women empowerment and economic empowerment in rural communities across India.Commenting on the signing, Mr. Gaurav Pokhariyal, Executive Vice President – Human Resources, IHCL, said, "This collaboration is a testament to IHCL’s commitment to social progress and inclusive growth, and is in line with our ESG + framework of Paathya. IHCL will establish skill centres in select locations across the country to train youth for employment across industries, including hospitality. We are delighted to partner with Head Held High Foundation.”The skill centres will serve as hubs of empowe...
Prime Minister Narendra Modi will inaugurate the 10th edition of the global Vibrant Gujarat Summit on January 10
Feature, National News

Prime Minister Narendra Modi will inaugurate the 10th edition of the global Vibrant Gujarat Summit on January 10

New Delhi, October 06, 2023.Prime Minister Narendra Modi will inaugurate the 10th edition of the global Vibrant Gujarat Summit on January 10.Pitching Gujarat as the most favourable investment destination, the Chief Minister invited global businesses to take advantage of its immense growth potential opportunity by participating in the Summit, at a road show in the national capital."This Summit will be inaugurated by our Prime Minister on January 10, 2024," Patel said while addressing the event.
Pawar meets Kharge and Rahul, discusses road ahead for INDIA alliance
Feature, National News

Pawar meets Kharge and Rahul, discusses road ahead for INDIA alliance

New Delhi, October 06, 2023.NCP chief Sharad Pawar on Friday met Congress president Mallikarjun Kharge as well as Rahul Gandhi and is learnt have discussed the plan forward for the opposition alliance INDIA, which last met in Mumbai on August 31 and September 1.The three leaders discussed the current political situation and the road ahead for the alliance, which is looking to take on the BJP in the upcoming assembly and general elections. The meeting lasted around 40 minutes.
NIESBUD implements 3-day capacity building programme across 4 locations to boost existing enterprises
Feature

NIESBUD implements 3-day capacity building programme across 4 locations to boost existing enterprises

New Delhi, 5th October 2023.With aim to create, foster, and promote the spirit of entrepreneurship amongst India's youth, the National Institute for Entrepreneurship and Small Business Development (NIESBUD) conducted a three-day Capacity Building Programme for Existing Enterprises for Scaling up Business Activities between 27th to 30th September 2023. The programme was supported by the Skill Acquisition and Knowledge Awareness for Livelihood Promotion (SANKALP) Programme, working under the aegis of the Ministry of Skill Development and Entrepreneurship (MSDE).The three-day programme included 12 sessions on different topics including Micro Lab, Characteristics of an Entrepreneur, Entrepreneurial Motivation–Self Analysis, Creativity, Psycho-Social behaviour analysis for confidence bu...
Tata Motors’ commitment to upskilling
Automobile News, Feature, National News

Tata Motors’ commitment to upskilling

Mumbai, October 05, 2023.Tata Motors, India’s leading automobile manufacturer and the pioneer of the EV revolution in India, is implementing a multi-pronged strategy to develop a rightly skilled and future-ready workforce focused on EVs and other new age technologies, as well as developing talent for India’s rapidly growing and dynamically evolving auto sector.With focuson capability-building being criticalto navigatethrough the rapid technology advancements and changing market dynamics, Tata Motors has adopted a holistic approach to upskilling. Specially curated training modules address the requisite developmental needs of all - from shopfloor technicians to line engineers, and plant management. These modules deliver relevant technical skills, functional skills, as well as manager...
HERO MOTOCORP RECEIVES 13,688 BOOKINGS FOR KARIZMA XMR
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HERO MOTOCORP RECEIVES 13,688 BOOKINGS FOR KARIZMA XMR

New Delhi, October 05,2023Riding the wave of an overwhelming response for its premium product launches, Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, has received13,688 bookings for its newly launched flagship motorcycle, Karizma XMR.Dispatches of Karizma XMR to Hero MotoCorp dealerships have already started and customer deliveries will begin in the festive period this month.Hero Karizma XMR was launched atan introductory price of INR 1,72,900/- and the bookings for the initial set of customers commenced on August 29th, 2023 and were closed on September 30th, 2023.The new Karizma XMR will now be available at Rs. 1,79,900/- (ex-showroom Delhi) and the company will announce the new booking window soon.Mr. Ranjivjit Singh, Chief Business Offi...
MobiKwik reports profitable growth in Q2 FY24; Strong H1 performance in line with FY24 goals
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MobiKwik reports profitable growth in Q2 FY24; Strong H1 performance in line with FY24 goals

Gurugram, October 05, 2023.MobiKwik, India’s leading digital banking platform, released its unaudited Q2FY24 results today with a52% growth in revenues over the corresponding period in FY23 and its second consecutive quarter of PAT profitability.The revenues for the quarter stood at INR 208 crores, a growth of 17% over the previous quarter in the same fiscal, with a PAT of INR 5 crores.With a 58% increase in revenues compared to H1FY23, MobiKwik has scaled its revenues to INR 385 crores with a PAT of INR 8 crores in H1FY24.“Our purpose is to make digital banking services accessible to people across demographics pan-India, and we are seeing positive uptake on our platform. The results are evident with another quarter of sustained revenue growth in line with our vision for th...
Coca-Cola India Launches 100% Recycled PET Bottles in the Carbonated Beverage Category
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Coca-Cola India Launches 100% Recycled PET Bottles in the Carbonated Beverage Category

New Delhi, October 2023.After being the first company in India to launch a one-litre bottle made from 100% recycled PET (rPET)for its packaged drinking water brand Kinley, Coca-Cola India is taking another meaningful step towards creating a circular economy andhas announced the launch of Coca-Colain rPET in pack sizes of 250 ml and 750 ml. The ser PET bottles are being manufactured byCoca-Cola bottling partners - Moon Beverages Ltd., and SLMG Beverages Ltd..The rPET bottles expansion showcases Coca-Cola India’stransformative journey towards building a sustainable and greenerfuture for all.The bottles made from 100% food-grade rPET (excluding caps and labels)have an on-pack call to action “Recycle Me Again” message and will also drive consumer awareness with “100% recycled PET bottl...
Diesel partners with King to unveil its exclusive range of Vert watches designed in virtual reality
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Diesel partners with King to unveil its exclusive range of Vert watches designed in virtual reality

Mumbai, 4th October 2023. Renowned fashion and lifestyle brand Diesel brought together the worlds of horology and hip-hop this week at a thrilling launch event for their new collection of timepieces. Held at Mumbai’s Jio World Drive, the launch featured India’s leading singer and pop star King, who unveiled Diesel’s Vert Collection alongside the Managing Director of Fossil Group - India, Mr. Johnson Verghese. A first-of-its-kind range of timepieces by Diesel, the Vert Collection has been crafted using a new wave of VR technology that bridges the gap between the physical and digital worlds. The exclusive event was a glamorous affair, attended by a number of prominent influencers and leading press outlets, reaffirming Diesel's status as a trendsetter in the industry.The launch e...
Flipkart’s Annual Flagship Event, ‘The Big Billion Days’ will also be on Cleartrip
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Flipkart’s Annual Flagship Event, ‘The Big Billion Days’ will also be on Cleartrip

Bengaluru, 04 October 2023. With the festive season around the corner, Cleartrip, a Flipkart company, is gearing up for one of the biggest travel extravaganza of the year by bringing Flipkart’s flagship event, ‘The Big Billion Days’ (TBBD) on its platform from 8 to 15 October 2023 (Sale starts early on Cleartrip on 7 October 2023).  Curated to create value and affordability for customers, this year’s TBBD will bring to customers, never-seen-before offers across its lines of businesses on Cleartrip.This year’s edition of Flipkart’s TBBD will see the addition of exciting features across its categories. Cleartrip has recently undergone a significant overhaul of its user experience across its platform. This transformation was driven by a commitment to an exceptional customer ...
Audi India registers robust growth of 88% in the first nine months of 2023
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Audi India registers robust growth of 88% in the first nine months of 2023

Mumbai, October 04, 2023.Audi, the German luxury car manufacturer, today announced it has retailed 5,530 units registering a growth of 88% in the first nine months of this year. The launch of the new Audi Q8 e-tron, Audi Q8 Sportback e-tron, Audi Q3 and Audi Q3 Sportback coupled with continued demand for the Audi A4, Audi A6, Audi Q5 and the top-of-the-line cars Audi Q7, Audi Q8, Audi A8 L, Audi S5 Sportback, Audi RS5 Sportback, Audi RS Q8, Audi e-tron GT and Audi RS e-tron GT, has led to positive growth. The SUV range has grown by a staggering 187% and the Performance and Lifestyle cars including The e-tron range has witnessed a 42% growth in the same period.Mr. Balbir Singh Dhillon, Head of Audi India said, “Audi India retailed 5,530 units witnessing a stro...
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