EndureAir has joined forces with five defence PSUs to create advanced testing facilities under the Defence Ministry's DIT Scheme. Located within the Uttar Pradesh Defence Industrial Corridor, these facilities are intended to push technological advancements in unmanned aerial systems. The initiative will promote indigenous defence production and aim for self-reliance in military equipment.
Data from ISRO's Chandrayaan-3 mission supports the theory that the Moon was once covered in a magma ocean. Analysis of the lunar soil by the Pragyan rover revealed a uniform composition of ferroan anorthosite. Notably, the presence of magnesium in the soil challenges parts of the existing hypothesis.
Gensol Engineering received a 16 megawatt rooftop solar project from a textile company in Madhya Pradesh, a repeat order under its commercial and industrial segment. The project, to be executed on an EPC basis, will be completed in six months and will feature high-efficiency bi-facial solar modules.
Virgin river season 6 release date on Netflix is a frequently asked question these days. We have latest details.
Each state displayed its individual spirit through music at the DNC roll call on August 20, with songs by Dolly Parton, Taylor Swift, and Jay-Z. The excitement of the occasion was increased by surprise appearances by celebrities including Sean Astin and Spike Lee.
Real estate developers are struggling to find the right contractors for construction, resulting in delays and quality concerns as the number of new housing units has doubled post-Covid. Some developers are enhancing in-house capabilities, engaging global contractors, and utilizing construction tech companies to mitigate challenges. Industry experts emphasize the need for skilled local labor and effective regulatory frameworks to improve construction quality and speed.
The Chhattisgarh unit of the Congress said the government should consider the "legitimate demands" of the protesters sympathetically. However, the BJP's prominent tribal leader Faggan Singh Kulaste accused the opposition of politicising the Supreme Court's ruling on the issue. Twenty-one organisations across the country had called for the Bharat Bandh against the apex court's order, which they said would harm the basic principles of reservation.
IKEA announced intentions to increase its fleet of electric delivery vehicles by 40% by 2024-25, aiming for greater sustainability in its supply chain. Already utilizing 200 EVs in cities including Bangalore and Hyderabad, the company plans to adopt an EV-first approach in new markets such as Delhi NCR, set to launch in 2025.
India's major banks experienced a slowdown in dividend growth after a surge in the previous fiscal year due to rising deposit costs and intensified competition. Banks such as State Bank of India and HDFC Bank faced pressure on margins and profitability, leading to lower dividend projections and tighter liquidity positions despite deposit-attracting strategies.
The Assam Cabinet approved the Muslim Marriage Registration Bill 2024, making government registration mandatory and illegalizing child marriage. Chief Minister Himanta Biswa Sarma stated the new law aims to combat Love Jihad and prevent inter-religious land transfer. The Cabinet also plans to repeal the Assam Muslim Marriages and Divorce Registration Act 1935. Additionally, plans for a Uniform Civil Code were discussed to address marriage age, polygamy, inheritance, and live-in relationships.
Gold prices hit an all-time high of $2,500 per troy ounce, for the first time ever, a gold bar is valued at more than $1 million.
Cyient Ltd sold 14.5% of its subsidiary Cyient DLM, raising Rs 879 crore. Major investors like Morgan Stanley and HDFC Mutual Fund acquired the stake. Funds raised will support the semiconductor business and debt repayment.
"Borderlands 4," the latest game in the "Borderlands" franchise, is set to launch in 2025. Announced at gamescom, the game invites players to become legendary Vault Hunters in search of alien treasure. Gearbox's development marks the franchise's fourth mainline title, continuing the series' legacy of action-packed gameplay.
Scindia, who also holds the charge of Development of North Eastern Region, undertook the second meeting of the stakeholders advisory committee (SAC) with telecom equipment makers on Wednesday. As per an official statement, discussions revolved around ways to spur indigenous manufacturing, adopting pragmatic implementation approach, furthering ease of doing business and review of issues taken up in the earlier meeting.
The Union Health Ministry established a 14-member National Task Force, including officials and experts, following a Supreme Court order. The Task Force aims to address healthcare challenges, with members like Cabinet Secretary Rajiv Gauba and medical professionals from prestigious institutions. The move comes in response to safety concerns for healthcare workers, highlighted by the recent tragic incident at RG Kar Hospital in Kolkata, which sparked nationwide protests.
Samantha Ruth Prabhu became the owner of Chennai's World Pickleball League franchise, marking her entry into sports entrepreneurship. Focused on enhancing women's sports participation, the league is supported by SETVI and promises a mix of pop culture and athleticism. It features six franchises and a mix of international and Indian players.
According to the Ormax OTT Audience Report, 2024 saw a 14% increase in the Indian OTT audience, driven by a 21% rise in AVOD users. SVOD saw a slight decline. India has 99.6 million active paid subscriptions with fewer platforms per user. Smartphones remain the dominant device for viewing content.
Floods in Tripura have killed 10 people and forced over 34,100 to seek shelter in relief camps. Incessant rains since Monday led Chief Minister Manik Saha to request more National Disaster Response Force personnel. The state's rivers are swelling, prompting school closures and train cancellations. Rescue operations continue, bolstered by additional forces.
Sharad Pawar, the 83-year-old chief of NCP-SP and former Maharashtra Chief Minister, received the Z plus armed VIP security cover from the Centre due to threat assessments. The Union Home Ministry instructed the CRPF to undertake the task with 55 armed personnel, who are already in Maharashtra to provide the necessary protection.
ET reported on June 16 that Zomato is looking to acquire Paytm’s movie booking and events unit -- in a deal that may value Paytm’s vertical at around Rs 1,600-1,750 crore. Paytm also confirmed discussions regarding the potential transfer of its entertainment business in an exchange filing, saying that all discussions are preliminary and non-binding at this stage.
Assam cabinet has approved that within 5 km area around a heritage structure -like a Mandir or a Namghar (monasteries) which is at least 250 years old-will be declared as a protected area and land of such area can be purchased or sold only between the families who have resided there for three generations or more.
Indian equity indices closed higher on Wednesday amid market volatility, supported by gains in Consumer Durables stocks. NSE Nifty 50 and S&P BSE Sensex saw modest increases, while analysts highlighted possible intraday pullbacks.
