His business successes which started with the international distribution rights for the Bollywood blockbuster movie 'Sangam' in 1964 made him one of the richest in Britain but it was the Bofors scam that made Srichand Parmanand Hinduja famous, or rather infamous, back home. SP Hinduja, as he was known, died in London on Wednesday after a prolonged illness. He was 87, a family spokesperson said. Born in a business family in Karachi, British India, he and his two younger brothers were accused of receiving payments totalling Rs 64 crore in illegal commissions to help Swedish gunmaker AB Bofors secure an Indian government contract.
Tesla Inc, the world's largest electric car producer, is looking to make a significant investment in India, said its chief Elon Musk, who saw India as holding more promise than any other large country around the globe. Musk, after meeting Prime Minister Narendra Modi, said he plans to visit India in 2024. "I am confident that Tesla will be in India and we will do so as soon as humanly possible," Musk told reporters after the meeting.
Now, a growing number of well-heeled private citizens are buying armoured vehicles for their safety, providing a profitable new business stream for companies like Jalandhar-based Laggar Industries and automaker Hindustan Motors. The annual market is about 500 vehicles, of which 30 to 40 are bought by private citizens.
The relations between India and China cannot be normal if peace and tranquillity in border areas are disturbed, External Affairs Minister S Jaishankar said on Friday.
20 defence ministry reforms 'is a reflection of the resolve of the government to make the defence sector stronger and more efficient.'
Can Bhavish Aggarwal upend the electric two-wheeler market, which is now overwhelmingly in favour of scooters?
'Three decades of intensive discussions, protocols and Confidence Building Measures were jettisoned one fine morning in 2020.' 'The primary lesson that has been learnt is that that there is no reliability about the Chinese.'
For someone like me who studied Sam so intently, if a lump could form in the throat during the emotive scenes, I think the cast did a superb job, notes Lieutenant General Syed Ata Hasnain (retd).
On Tuesday, June 28, 2022, the Defence Research and Development Organisation and the Indian Army successfully test-fired the Made In India developed laser-guided Anti-Tank Guided Missile from the Main Battle Tank Arjun at the KK ranges in Maharashtra's Ahmednagar district.
16 Indian Army divisions face China, 20 face Pakistan and two divisions are reserves. This powerful signal can hardly be missed in China or Pakistan, notes Ajai Shukla.
On Thursday, October 27, 2022, the Indian Army hosted Shaurya Diwas at the old airfield in Srinagar (Budgam airfield) to mark the 75th anniversary of the arrival of the 1 Sikh Regiment in 1947 to protect Jammu and Kashmir from Pakistani raiders.
Honda Motorcycle and Scooter India (HMSI), the country's second-largest two-wheeler manufacturer, is planning to launch its first electric vehicle (EV) here by March next year, said CEO & MD Atsushi Ogata on Monday. The company would also enter the low-end motorcycle market in March by launching a 100cc engine bike at a price that will "positively shock" customers, he said while speaking with reporters, after launching the Activa with Honda Smart Key. HMSI's first EV, an electric scooter, will have a fixed battery and the second model will have two swappable batteries, Ogata explained.
The commanders present in Delhi gathered at the South Block in Raisina Hills area, while many others joined the deliberations virtually.
The Q1FY24 earnings season has started on a dismal note for corporate India. The early-bird companies' revenue growth has been at a 10-quarter low, while the combined earnings of non-BFSI (banking, financial services, and insurance) companies seem to have hit the ceiling. The numbers suggest corporate India is entirely dependent on BFSI companies and the IT services sector to drive growth in revenue and profit while other sectors are showing signs of stagnation.
For the most battle-hardened, specialised and successful counter-insurgency army in the world, this is an unfamiliar, first-time experience of dealing with the north east's deepest complexities, observes Shekhar Gupta.
'My task includes providing strategic operational communication to further-most troops located in the vicinity of Line of Actual Control.'
Major Beena Tiwari was the only woman in the 99-member medical team at the Indian Army's field hospital in earthquake-hit Turkey.
Singh conveyed to Li that India wants to improve relations with China but it can happen only after peace and tranquillity are restored at the border, the sources said.
Life in the north-eastern state of Manipur continued to limp back to normal as curfew was relaxed in 11 districts, including Imphal West, Bishnupur, Churachandpur and Jiribam, for six hours from 5 am, as no fresh incident of violence was reported, officials said on Wednesday.
The infiltration bid was foiled by Army and Jammu and Kashmir Police early on Sunday morning.
The memorial is the first-of-its-kind built by India in France after the country's Independence. The announcement to construct the memorial was made by External Affairs Minister Sushma Swaraj during her last visit to Paris in June 2018.
'It has been doing yeoman service for the people of the North East.'
The naming of the places in memory of the soldiers comes days after Chinese military commander Qi Fabao, who was injured in the Galwan Valley clash with Indian troops in June, 2020, attended the ruling Communist Party of China's (CPC) Congress as a delegate.
Automotive (auto) and auto ancillary stocks have been in the fast lane thus far in 2023-24 (FY24), with the National Stock Exchange Nifty Auto Index surging nearly 27 per cent, outperforming the Nifty50, which has gained roughly 11 per cent during this period. The top-gear performance of auto stocks at the bourses, according to A K Prabhakar, head of research at IDBI Capital, has been triggered by the premiumisation of products across vehicle manufacturers, which has seen vehicle sales remaining relatively stable. "It is not about higher sales figures now, but about premiumisation.
Known as 'Sentinels of the North East' and 'Friends of the Hill People', the officers, drawn from the Army, and jawans have been fighting a war of nerves since the ethnic clashes between majority Meitei and hill tribe Kukis erupted on May 3.
A terrorist was killed and another was most likely injured on Saturday in an ongoing operation in the densely forested area of Rajouri district in Jammu and Kashmir, Army said.
The Indian side has an edge over their Chinese counterparts in terms of battling the weather as a large number of them have already done duty in the Ladakh sector, including the Siachen glacier or other high altitude positions, sources said.
There has always been a risk-taking edge to Imran Khan. Like him or hate him, it had to be someone like him to finally threaten to demolish the Pakistani establishment, explains Shekhar Gupta.
The government has given its final go ahead to the army for raising a corps along the China border which will include the deployment of 50,000 additional troops there at a cost of nearly Rs 65,000 crore.
The development comes after after reaching a consensus in the 16th round of military talks, the two sides said in a joint statement this evening.
Gen Pande, who was serving as the vice chief, became the first officer from the Corps of Engineers to helm the force.
China on Tuesday announced that its Defence Minister General Li Shangfu will visit India this week to attend the meeting of SCO defence ministers from April 27 during which he is expected to hold talks with his Indian counterpart Rajnath Singh on ending the prolonged eastern Ladakh standoff which has severely strained bilateral ties.
The Agniveer passing out parade was as much about family celebration as it was a military event. Alongside the pomp, pageantry and discipline of the parade were the personal stories of families, their struggles and how far they had come.
Jaishankar also said that there is a need to take the disengagement process forward.
The Army Day Parade, held traditionally in Delhi, will be shifted to a place under the jurisdiction of the force's Southern Command next year, according to sources.
Among the Sensex firms, Tech Mahindra, Tata Motors, Bharti Airtel, Wipro, Bajaj Finserv, HCL Technologies, Bajaj Finance, Larsen & Toubro, Mahindra & Mahindra and UltraTech Cement were the biggest laggards. IndusInd Bank, Power Grid, HDFC Bank, ICICI Bank, NTPC, Reliance Industries, HDFC and Tata Steel were the prominent winners.
78% Indians were unable to tell the difference between a love letter written by ChatGPT and one by a human being.
He said the situation was made difficult for the terrorist organisations as a result Jaish chief Maulana Masood Azhar sent his nephews to carry out terror activities.
Chinese Foreign Minister Qin Gang will travel to India to attend the Shanghai Cooperation Organisation (SCO) foreign ministers' meeting being held in Goa on May 4 and 5, the foreign ministry in Beijing announced on Tuesday.
The Reserve Bank of India has on Wednesday lifted the ban on new customer acquisition by American Express which was imposed with effect from May 2021 due to non-compliance with local data storage norms. "In view of the satisfactory compliance demonstrated by American Express Banking Corp. with the Reserve Bank of India (RBI) circular dated April 6, 2018, on Storage of Payment System Data, the restrictions imposed, vide order dated April 23, 2021, on onboarding of new domestic customers have been lifted with immediate effect," RBI said. Similar bans were imposed on Diners Club International and Mastercard previously.
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