Manipur after Modi visit

As powerful a statement as PM made in both Imphal and Churachandpur, the road ahead is fraught. Can the state even remain united without justice and reconciliation? In a state fractured by 29 months of ethnic strife, PM’s long-awaited visit clearly marked a solemn symbolic moment. There’s wide agreement that his presence in both Churachandpur … Read more

Tega to raise Rs3.3k cr to fund Molycop deal

Kolkata: Tega Industries will raise Rs 3,300 crore to fund its acquisition of US-based mining equipment-maker Molycop, in consortium with NYSE-listed Apollo which manages funds worth over $840 billion.The board of the Kolkata-based maker of mining and mineral-processing gears approved raising Rs 4,000 crore on Saturday. The total cost of the acquisition will be over … Read more

Keep talking

Manipur’s many groups and points of view will need long and patient hearing from GOI Modi’s much-awaited visit to Manipur – in spite of torrential rainfall in the region that grounded his chopper, forcing him to take the road through the heart of territories that had seen massive ethnic strife – certainly lifted spirits in … Read more

Sanctions hit Nayara’s non-Russian oil access

New Delhi: Nayara Energy – part-owned by Russian oil giant Rosneft PJSC and blacklisted by the European Union in July – is facing difficulties in securing non-Russian crude supplies for a second month in a row as western shipping companies refused to ferry oil for it, ship tracking data showed. agencies Source link

CII seeks framework for GCC policy

New Delhi: The Confederation of Indian Industry on Sunday suggested a framework for a National Global Capability Centres Policy, that can position the country as the global HQ for innovation-driven GCCs, generate 20-25 million jobs and contribute up to $600 billion in economic impact. Source link

SpiceJet delays salaries for senior staff, junior employees get paid on time: Report

Budget airline SpiceJet has delayed salaries for a sizable section of its employees over recent months, a source told PTI.While workers earning up to Rs 55,000 per month have received their August salaries, senior staff — largely at Assistant Manager level and above — are waiting for their payments, the source added.“SpiceJet has once again … Read more

Aurangabad, Ajanta Caves & Ellora Caves – Part 3

Our final day unfolded in the historic city of Aurangabad, a living canvas where the echoes of Buddhism, the grace of the Mughals, and the artistry of modern India converge into a timeless tale. The city seemed less like a place and more like a symphony, each monument playing its part in India’s cultural orchestra. … Read more

Aviation MRO challenge: AIESL seeks access to proprietary manuals for component overhaul; eyes strategic partners

State-owned AI Engineering Services Ltd (AIESL) is exploring strategic partnerships to gain direct access to proprietary aircraft manuals and technical literature required for high-end component maintenance, repair and overhaul (MRO) activities, officials said.AIESL, which was carved out of Air India after the government sold the airline to the Tata Group in January 2022, has emerged … Read more

NTPC clean energy push: Power giant explores nuclear ventures; standalone and JV routes on table

State-owned power major NTPC is planning to set up nuclear projects both through joint ventures and on a standalone basis, Chairman and Managing Director Gurdeep Singh has said.In a company document, Singh said NTPC is collaborating with nuclear technology providers as well as state governments to explore projects independently. “We are collaborating with various nuclear … Read more