The government's ambitious vision document that aims at achieving electronics manufacturing with a value of $300 billion by FY26 (including exports of $105-130 billion) could end up far lower than the target, according to a reality check this month. The reality check came from the Indian Cellular and Electronics Association (ICEA), which partnered with the government in preparing the document. The members of the ICEA are mobile and electronics companies, and its assessment, based on current trends, indicates that the total electronics production in FY26 will be around $225 billion.
IOA athletes commission member Om Prakash Karhana came out in support of the wrestlers and said justice should be delivered as soon as possible.
As the Indian wrestlers await the fate of underfire WFI president Brij Bhushan Sharan Singh, Rio Olympic medallist Sakshi Malik threatened to quit the sport if action isn't taken.
Top Indian wrestlers have returned to Jantar Mantar in New Delhi to continue their protest
If electric cars with a real range of more than 400 km are launched, the anxiety regarding the charging points will come down, and more people will buy EVs.
Vinesh Phogat returned her Khel Ratna and Arjuna Award to the government protesting against the election of Brij Bhushan Sharan Singh-loyalist Sanjay Singh.
The RBI on Monday asked banks not to approve any proposal of foreign law firms to open a branch office, project office or liaison office in the country under FEMA for the purpose of practicing legal profession. The RBI has issued a circular in this regard in view of a Supreme Court order wherein the apex court held that advocates enrolled under the Advocates Act, 1961 alone are entitled to practice law in India and foreign law firms or foreign lawyers cannot practice the profession of law.
Angelo Mathews criticised Bangladesh's decision to dismiss him via a 'time out' as 'disgraceful'
The critical information in the first quarter (Q1) gross domestic product (GDP) data relates to the proximity of real and nominal GDP growth rates at 7.8 per cent and 8 per cent, respectively. The implicit price deflator (IPD)-based inflation is only 0.2 per cent. This phenomenon has repeated after fifteen quarters.
Hospitality firm OYO is looking to raise $600 million (over Rs 4,380 crore) in debt from the US institutional investors to service its existing loans, sources in know of the matter said on Thursday. The company is raising $600 million in a term loan B (TLB) structure, the sources said. The company is taking the TLB to service its existing loans which are on higher interest rates, they added.
ICMR Director General said some studies have suggested that antibodies last for three months while some others said they may last in the body for up to five months also.
While people voted in a fifth round that will set the tone as this election rounds into the straight, and while Modi on the stump chews the cud of personal grievances and hackneyed promises that have long since passed their use-by date, there is a rogue wave rising -- what damage it will do, we will know 16 days from today, observes Prem Panicker.
Hospitality firm OYO will be shifting to a 4-day work week, OYO founder and group CEO Ritesh Agarwal said in a tweet on Wednesday, as the company also launched a no questions asked flexible infinite paid leaves initiative. Agarwal in a tweet noted that COVID-19 continues to test the physical and mental well-being of people. One thing that truly matters is having more time for our loved ones and ourselves.
A Central Pollution Control Board official said the AQI entered the "severe plus" or "emergency" category late on Thursday night, the first time since January this year.
IOA approached the Olympic Council of Asia, seeking an extension of the July 15 deadline for providing details of the country's wrestling squad for the Asian Games.
Multiple layers of iron and cement barricades, and at least five layers of concertina wires were put up last year, and further strengthened after the January 26 violence this year during the farmers' protest against the three contentious farm laws.
France showcased its cultural diversity, spirit of revolution, impeccable craftsmanship, and architectural heritage in a riveting opening ceremony for the 33rd Olympic Games.
'His experience is immense. In our batting chat today (Friday), we basically listened to him. He gave the batting chat as to what the conditions are like, what to expect.'
Protesting wrestlers alleged that the victims are being pressurised to change their statements.
Images from the ICC Men's ODI World Cup match between Sri Lanka and Australia at the Ekana Sports City Stadium in Lucknow.
According to SAFAR, both stubble burning in surrounding states of Delhi and firecrackers are causing deterioration of air quality in the national capital.
"The LCA Tejas was deployed by the Indian Air Force on the western front close to the Pakistan border to take care of any possible action by the adversary there," government sources told ANI.
Indian shooters failed to make the final of the men's 10m air rifle event of the ISSF World Cup, in New Delhi, on Monday.
The wild wander to the city in these times of the coronavirus.
Jio Financial Services, a unit of Mukesh Ambani's Reliance Industries (RIL), got valued at Rs 1.66 trillion ($20 billion) following an hour-long special trading session conducted by stock exchanges on Thursday. Shares of RIL's unit got priced at Rs 261.85 apiece - higher than analysts' expectations of Rs 134-224 per share. The price was arrived at after calculating the difference between RIL's Wednesday (July 19) close of Rs 2,840 and Rs 2,580, the price discovered during the first-of-its-kind pre-trade session.
For the initial public offering (IPO) of the Life Insurance Corporation of India (LIC), the Centre has shortlisted 50-60 anchor investors, which include BlackRock, Sands Capital, Fidelity Investments, Standard Life, and JP Morgan, and will soon finalise its anchor book. The feedback from anchor investors has led to price discovery in LIC shares, valuing India's largest insurer at around Rs 7 trillion, said an official aware of the development. The "attractive valuation" is seen widening the investor base by providing an opportunity to more of them to participate in the IPO, the official added.
Bajrang Punia and Vinesh Phogat should be withdrawn from India's Asian Games squad if they lose the upcoming trials for the World Championships.
Facing the wrestling fraternity's wrath for accepting exemption from the Asian Games trials, Vinesh Phogat and Bajrang Punia on Monday said they are hurt that young wresters dragged them to the court.
The petition, filed by advocate M L Sharma, said the Pegasus scandal was a matter of grave concern and a serious attack upon Indian democracy, judiciary and country's security and the 'widespread and unaccountable' use of surveillance is 'morally disfiguring'
Women and members from the queer and transgender communities took out a protest march from Mandi House to Jantar Mantar here against the Citizenship (Amendment) Act on Friday. Cries of 'Halla Bol' and 'Azaadi' rent the air as they voiced their dissent against the law.
Uber Chief Executive Officer (CEO) Dara Khosrowshahi sees India as one of the toughest markets and a standard to succeed in any other part of the world. One of the biggest challenges for the ride-hailing firm, according to Khosrowshahi, is the expectation of Indian consumers for more services at lower spending. "India is one of the toughest markets out there.
Several women wrestlers wrote to Prime Minister Narendra Modi, the IOA and the ad-hoc panel running the WFI, requesting "fair trials" for Asian Games.
This International Women's Day, let's celebrate the women who make our lives more meaningful.
Morgan Stanley on Thursday became the latest brokerage to question the valuations of Indian equities and downgraded them from 'overweight' (OW) to 'equalweight' (EW) and recommended taking some money off the table. "We move tactically EW on India equities after strong relative gains - we expect a structural multi-year earnings recovery, but at 24 times forward price-to-earnings (P/E) we look for some consolidation ahead of US Fed tapering, an RBI hike in February and higher energy costs," Morgan Stanley equity strategists, led by Daniel Blake and Jonathan Garner, said in a note on Asia Pacific markets. The brokerage has upgraded Indonesia to OW, while maintaining an EW stance on China and UW on Taiwan.
'Episodes of targeted attacks on Muslims established that for a section of people and, sadly, even officials of the State, the election results conveyed no lessons.' 'Opposition parties must not be hesitant in speaking out whenever the mob with tacit State support targets Muslims,' asserts Nilanjan Mukhopadhyay, author of Narendra Modi: The Man, The Times.
The International Olympic Committee (IOC) last year suspended AIBA, the International Boxing Association, over issues surrounding its finances and governance and took over the boxing competition and qualification for the 2020 Olympics.
'Bharat is the core value that has to be lived by and if you deny it, then the people will discard you.'
Close to 60 per cent models that Kia sells in India are top trims of the models. In line with its global strategy, the India arm of South Korean major Kia has dropped 'Motors' from its name. This is to reflect the transition from an automaker to a provider of advanced and eco-friendly mobility solutions, the company said. With a new brand identity and slogan, the fourth-largest car maker in India by sales aims to accelerate growth and strengthen its premium positioning.
Online food delivery aggregator Zomato is on an internal rebranding exercise by moving to a multiple chief executive structure for its businesses that will be housed under a larger organisation called Eternal. In an internal message to employees, Founder and Chief Executive Officer (CEO) Deepinder Goyal said the company is at a stage where it has matured from running a single business to running multiple and large companies. The restructuring is happening after the shareholder approved the Blinkit acquisition.
In August 2021, Nick Read, chief executive of Vodafone Plc at the time, did not mince his words while speaking about the India business in an earnings call. Replying to an analyst's question on Vodafone Idea, a venture with the Aditya Birla Group that had piled on huge debts and worrisome losses, Read described it as a highly stressed situation that "they (Vodafone Idea) are trying to navigate... "We, as a group, try to provide them as much practical support as we can, but I want to make it very clear, we are not putting any additional equity into India.''
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