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Breaking News

Thales Group to expand strategic collaborations, set up MRO for civil aviation in India

Posted on February 4, 2024 By admin
Thales Group to expand strategic collaborations, set up MRO for civil aviation in India

Ashish Saraf, vice-president and country director, Thales India.  French electronics major Thales is significantly expanding its investments as well as sourcing from India. A joint venture, Thales Reliance Defence Systems Ltd., in Nagpur is now the Group’s global production centre for airport navigational aids, while Bharat Electronics Limited-Thales Systems in Bangalore manufactures high-tech products such…

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Business

CBI charge sheets former Air India CMD, IBM & SAP in software purchase irregularities

Posted on February 4, 2024 By admin
CBI charge sheets former Air India CMD, IBM & SAP in software purchase irregularities

Mr. Arvind Jadhav, former CMD of Air India. File. | Photo Credit: PAUL NORONHA The CBI has filed a charge sheet against the then CMD of Air India, SAP India and IBM in connection with alleged irregularities in procurement of software worth ₹225 crore by the national carrier in 2011, officials said on Sunday. The…

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Business

Why Your Business Needs A Crisis Management Plan: Safeguarding Your Brand’s Future

Posted on February 4, 2024 By admin
Why Your Business Needs A Crisis Management Plan: Safeguarding Your Brand’s Future

Recognizing the significance of preparedness, this article delves into the necessity of having a crisis management plan to protect and future-proof your brand. It’s not just about averting potential disasters; it’s about strategically navigating through them to maintain trust and integrity with your audience. The article aims to unfold the layers of crisis management, from…

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Business

Red Sea crisis | Costs up, but no adverse impact on India’s trade so far, says official

Posted on February 4, 2024 By admin
Red Sea crisis | Costs up, but no adverse impact on India’s trade so far, says official

Exporters are worried that high freight cost could impact exports. Representational | Photo Credit: PTI There is no adverse impact on India’s exports and imports so far due to the Red Sea crisis, an official said. The official said that the transportation cost has increased as the shippers are taking a long route. “There is…

Read More “Red Sea crisis | Costs up, but no adverse impact on India’s trade so far, says official” »

Business

Paytm Payments Bank meltdown, its meaning | Explained

Posted on February 4, 2024 By admin
Paytm Payments Bank meltdown, its meaning | Explained

Son of a schoolteacher from Aligarh district in Uttar Pradesh, Vijay Shekhar Sharma was enamoured by Jack Ma-run Alibaba’s focus on smartphones rather than desktop computers, when he built a digital payments company that would let Indians pay for vegetables, pay utility bills or buy cinema tickets using their mobile phones. Mr. Sharma, the poster…

Read More “Paytm Payments Bank meltdown, its meaning | Explained” »

Business

RBI restriction on Paytm: CAIT advises traders to switch from Paytm to other payment apps in light of RBI action

Posted on February 4, 2024 By admin
RBI restriction on Paytm: CAIT advises traders to switch from Paytm to other payment apps in light of RBI action

Paytm app is seen on a smartphone in this illustration image. File | Photo Credit: Reuters Traders’ body CAIT on February 4 issued a cautionary advisory to traders to switch from Paytm to other payment options for business-related transactions following RBI curbs on Paytm wallet and bank operations. “The Reserve Bank of India has imposed…

Read More “RBI restriction on Paytm: CAIT advises traders to switch from Paytm to other payment apps in light of RBI action” »

Business

In Frames | Starling murmurations

Posted on February 4, 2024 By admin
In Frames | Starling murmurations

The Danish photographer Søren Solkær released his photographic monograph Starling on December 26, 2023. It is an exploration of starlings, which are passerine (perching) birds belonging to the family Sturnidae. A starling is a fairly unremarkable bird in isolation, but when starlings swarm, thousands of them come together to form a swirling, undulating cloud –…

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Science

Why is fiscal consolidation so important? | Explained

Posted on February 3, 2024 By admin
Why is fiscal consolidation so important? | Explained

Finance Minister Nirmala Sitharaman speaks in the Rajya Sabha on February 2, 2024. Photo: Sansad TV via ANI The story so far: Union Finance Minister Nirmala Sitharaman announced during her Budget speech that the Centre would reduce its fiscal deficit to 5.1% of gross domestic product (GDP) in 2024-25. She further added that the fiscal…

Read More “Why is fiscal consolidation so important? | Explained” »

Business

Getting a closer look at Pluto

Posted on February 3, 2024 By admin
Getting a closer look at Pluto

The most detailed view up till 2010 of the entire surface of the dwarf planet Pluto. It was constructed from multiple NASA Hubble Space Telescope photographs taken from 2002 to 2003 and released on February 4, 2010. | Photo Credit: HO Come February 18, and it will be 94 years since we’ve known of the…

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Science

Finnish phone maker says Nokia, HMD brands will co-exist

Posted on February 3, 2024 By admin
Finnish phone maker says Nokia, HMD brands will co-exist

Nokia branded smartphone models 5, 6 and 3 are on display. | Photo Credit: EMMI KORHONEN HMD Global, a Finnish mobile phone manufacturer, and official brand licensee for Nokia on Friday said it would follow a multi-brand strategy ie: mobile phones and devices under the brand names of both HMD and Nokia will co-exist in…

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