Author: News Desk

Anjali Pandey has been appointed as the President of Generation at Tata Power, effective immediately. Prior to this role, she served as the Chief Operating Officer (COO) for Cummins Group in India, bringing over 20 years of expertise in strategic management and operational leadership in the manufacturing industry. Tata Power announced her new position, stating that she will lead the company’s generation business starting October 1, 2024. In her role, Anjali will oversee both clean and conventional energy generation efforts, focusing on operational excellence and sustainable initiatives throughout the company’s portfolio. Anjali holds an MBA in business strategy and finance…

India is finalising a significant defence agreement with France to acquire 26 Rafale Marine fighter jets for its Navy. These advanced jets will be utilised from India’s two aircraft carriers, INS Vikramaditya and the recently commissioned INS Vikrant. While the exact financial terms of the deal remain undisclosed, media sources indicate that the pricing will be modelled after the Rafale jets previously acquired for the Indian Air Force (IAF), with adjustments for inflation. Historical Context of the Rafale Deal In 2016, India entered into a contract with France’s Dassault Aviation for 36 Rafale fighter jets for the IAF. The average…

The Indian government is exploring the possibility of launching a “Made in India” label to strengthen the country’s brand identity in global markets. According to a report by PTI on October 2, a high-level committee is reviewing the details of this proposal. The goal is to build a brand that evokes a sense of quality, similar to labels like “Made in Japan” or “Made in Switzerland,” which are synonymous with excellence. Sector-Specific Approach Officials are considering whether the “Made in India” scheme should target specific sectors where India has a competitive edge, such as textiles. This sector-specific focus could highlight…

As of now, nearly 40,000 km of rural roads have been constructed using plastic waste, with 13,000 km completed in the past two years alone, according to a senior official. Progress in Sanitation and Waste Management During a media briefing, Vini Mahajan, Secretary of the Department of Drinking Water and Sanitation (DDWS), reported that over 55% of villages have achieved the ‘ODF Plus Model’ status. Currently, there are about 500,000 waste collection vehicles operating, and significant advancements have been made in managing greywater and plastic waste. Innovations Driving Change Mahajan noted that under the Pradhan Mantri Gram Sadak Yojana, the…

Recent data reveals that Indian and Chinese billionaires are at the forefront of wealth accumulation in Asia from January to September. According to the Bloomberg Billionaires Index, Indian individuals occupy five spots on the list, while three are held by Chinese billionaires. Mukesh Ambani Tops the List Mukesh Ambani, the oil tycoon and Chairman of Reliance Industries, has recorded the highest wealth increase, adding $19.4 billion to his fortune in the first nine months of the year. This surge has brought his total net worth to $116 billion, making him the richest person in Asia and the 12th richest in…

Shree Cement has joined forces with the Department for Promotion of Industry and Internal Trade (DPIIT) to support startups in India’s manufacturing sector. This partnership aims to foster innovation by offering critical support to product startups. Shree Cement will provide infrastructure, mentorship, access to funding, and valuable market connections, helping startups progress from initial prototypes to potential global expansion. Commitment to Self-Reliance Neeraj Akhoury, Managing Director of Shree Cement, emphasised the importance of this partnership in promoting self-reliance through domestic manufacturing. He highlighted how this collaboration could also aid in reducing import dependency while driving the development of India’s manufacturing…

The Indian Space Research Organisation (ISRO) is inviting applications for a total of 103 vacancies across various roles. Interested candidates can submit their applications through ISRO’s official website until October 9. Available Positions The positions available include: Age Limit and Eligibility Criteria The age limits and eligibility requirements for each position are as follows: Age Relaxation Selection Process Candidates will be shortlisted based on their performance in a written test, with a selection ratio of 1:5 (a minimum of 10 candidates called for each post). The written test will evaluate both theoretical and practical knowledge. In the event of a…

Once a UPSC aspirant, Anubhav Dubey has transformed his life by establishing a thriving tea business, Chai Sutta Bar, which generates an impressive annual revenue of approximately Rs 150 crore. His personal net worth is estimated at around Rs 10 crore. From Aspirations to Entrepreneurship Despite not securing admission into prestigious IITs or IIMs, Anubhav Dubey has shown that success can be achieved through unconventional paths. His partnership with Anand Nayak in founding Chai Sutta Bar has become a remarkable story in the bustling café industry. In a country where chai is a staple morning ritual, their venture has resonated deeply with many. The Birth of Chai Sutta Bar In 2016, Anubhav made the courageous decision…

India’s flourishing IPO market has captured the attention of institutional investors and celebrities alike, who are reaping substantial profits from their investments. From cricket icons to Bollywood stars, many have strategically invested in companies prior to their public offerings. Let’s explore how some of these famous figures have benefitted in recent years. Aamir Khan and Ranbir Kapoor: Profiting from DroneAcharya Aerial Innovations Both Aamir Khan and Ranbir Kapoor have enjoyed impressive returns from their investments in DroneAcharya Aerial Innovations. Sachin Tendulkar: Investing in Azad Engineering Cricket legend Sachin Tendulkar has also made headlines with his investment in Azad Engineering. Alia…

India is on the verge of launching its first Air Train, also known as a Sky Train at airports worldwide. This automated people mover (APM) system is designed to facilitate quick terminal transfers, significantly reducing the time passengers spend travelling between terminals. The Air Train will operate at Delhi’s Indira Gandhi International Airport (IGI), providing an automated solution for enhanced connectivity between the terminals. This system will function continuously without interruptions, spanning a distance of 7.5 kilometres and connecting Terminal 1 with Terminals 2 and 3. It will feature four key stops: Terminal 1, Terminals 2/3, Aerocity, and Cargo City,…