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Surat (Gujarat) [India], April 2 (ANI): The Mumbai-Ahmedabad Bullet Train project will be serviced by three Rolling Stock depots located at Sabarmati and Surat in Gujarat and Thane in Maharashtra. Surat Rolling Stock depot, with an area of about 27 Ha, will be equipped with facilities for the commissioning and maintenance of the trains. It will have state-of-the-art equipment for light maintenance of trainsets with inspection bays, washing plant, stabling lines, etc, an official release said. ...Read More >
Mumbai: The Mumbai Port Authority (MbPA) clocked its highest-ever cargo throughput of 75.15 million metric tonnes (MMT) in 2025-26, registering a 9.5% growth over the previous year, underscoring strong operational performance despite global trade uncertainties.Mumbai Port also maintained its lead in cruise tourism, handling 95 cruise calls and over 2.5 lakh passengers. In shipbuilding and repair, it handled 87 vessels for repair and 23 under construction, while advancing plans for a greenfield s ...Read More >
New Delhi: In a relief to exporters, India has announced a one-time relief measure for units in special economic zones (SEZ), allowing them to sell goods in domestic markets at a lower customs duty for one year, and extended fiscal benefits under the Remission of Duties and Taxes on Exported Products (RoDTEP) by six months, until September 30, amid the conflict in West Asia. The government is working on a broader framework on harmonisation of various export promotion schemes with a key focus on ...Read More >
Sanand (Gujarat) [India], April 1 (ANI): Industrial production in Gujarat's Sanand GIDC has declined following an increase in commercial LPG cylinder prices, with units reporting disruptions due to fuel shortages, an industry representative said. Ajit Shah, President of Sanand GIDC, said, "There has been a decline in production. For instance, if my production output today stands at 100 units, it has now dropped to around 80 units." He attributed the slowdown to supply issues affecting operatio ...Read More >
Sanand (Gujarat) [India], April 1 (ANI): Industrial production in Gujarat's Sanand GIDC has declined following an increase in commercial LPG cylinder prices, with units reporting disruptions due to fuel shortages, an industry representative said. Ajit Shah, President of Sanand GIDC, said, "There has been a decline in production. For instance, if my production output today stands at 100 units, it has now dropped to around 80 units." Also Read | CBSE Rolls Out Curriculum on Computational Thinkin ...Read More >
New Delhi, April 1 (SocialNews.XYZ) A regular weekday morning turned into a moment of shock for thousands of employees at Oracle Corporation, as reports of large-scale layoffs surfaced. According to multiple reports, employees across teams began receiving termination emails as early as 6 AM. What started as a normal workday quickly turned into confusion and uncertainty, with many workers trying to understand the sudden decision while the news spread rapidly online. Reports suggest that the co ...Read More >
Bengaluru (Karnataka)/ Hosur (Tamil Nadu) [India], April 1: Merlinhawk Composites and Engineering Pvt. Ltd., a joint venture between Merlinhawk Aerospace Pvt. Ltd., India, and Vega Composites, Italy, today marked an important milestone with the ceremonial pooja ahead of the commissioning of its advanced composites manufacturing facility at Shoolagiri in the Tamil Nadu Defence Industrial Corridor. Also Read | Who Is Sahiba Bali? IPL 2026 Anchor and Actress Facing Backlash Over 'The Kashmir Files ...Read More >
NEW DELHI: Strengthening India's indigenous defence capabilities under the govt's Aatmanirbhar Bharat initiative, the defence ministry has inked a major capital acquisition contract with defence PSU Bharat Electronics Limited (BEL) for the procurement of two mountain radars, including associated equipment and infrastructure, for the Indian Air Force, at a cost of around Rs 1,950 crore.The installation and commissioning of these radars will boost the country's air defence and strengthen national ...Read More >
Tumakuru (Karnataka): President of India, Droupadi Murmu, graced the 119th birthday celebrations and Guruvandana mahotsava of Dr Sree Sree Sivakumara Mahaswamiji at Sree Siddaganga Math, Tumakuru, Karnataka on Wednesday. Speaking on the occasion, the President said that saints like Shivakumara Swamiji embody the very soul of our society and nation. Although his physical form merged with the Supreme Essence in 2019, the stream of his spirituality will forever continue to nourish and sustain both ...Read More >
Mumbai (Maharashtra) [India], April 1 (ANI): The credit ratio of India Inc declined in the second half of fiscal 2026, even as the overall credit outlook for the FY27 remains stable but cautious due to the ongoing West Asia conflict, noted Crisil Ratings in its latest projections. The credit ratio of Indian companies, which measures the proportion of rating upgrades to downgrades, stood at 1.50 times in the second half of FY26, moderating from 2.17 times in the first half. During the period, th ...Read More >
Mumbai (Maharashtra) [India], April 1: Mumbai-based 'Falcon Technoprojects India Limited' is a leading company providing mechanical, electrical and plumbing services at the national level. The company is raising Rs. 21.43 crore through a rights issue. The company has received in-principle approval from NSE Emerge for the rights issue. The team of Business Remedies has gathered information about the company's business activities from the company's investor presentation. Also Read | Rohit Shetty ...Read More >
PNN Mumbai (Maharashtra) [India], April 1: Mumbai-based 'Falcon Technoprojects India Limited' is a leading company providing mechanical, electrical and plumbing services at the national level. The company is raising Rs. 21.43 crore through a rights issue. The company has received in-principle approval from NSE Emerge for the rights issue. The team of Business Remedies has gathered information about the company's business activities from the company's investor presentation. Business Activities: ...Read More >
Guwahati, April 1: Prime Minister Narendra Modi on Wednesday addressed a massive public rally in Assam's Gogamukh, outlining an expansive vision for the state's development while expressing confidence that the BJP will return to power for a third consecutive term. Beginning his address by invoking Assam's rich cultural and historical legacy, PM Modi said the state has produced legendary figures such as Lachit Borphukan and Bhupen Hazarika. He said their contributions continue to inspire the nat ...Read More >
Bengaluru / Hosur : Merlinhawk Composites and Engineering Pvt. Ltd., a joint venture between Merlinhawk Aerospace Pvt. Ltd., India, and Vega Composites, Italy, today marked an important milestone with the ceremonial pooja ahead of the commissioning of its advanced composites manufacturing facility at Shoolagiri in the Tamil Nadu Defence Industrial Corridor. The state-of-the-art facility will focus on the manufacture of advanced composite aero structures and materials for aerospace and defence a ...Read More >
New Delhi, Apr 1 (PTI) Auto components maker Kay Jay Forgings Ltd has filed draft papers with markets regulator Sebi to raise Rs 360 crore through an initial public offering (IPO). The proposed IPO comprises a fresh issue of equity shares aggregating to Rs 300 crore and an offer for sale (OFS) of shares worth Rs 60 crore by promoters, taking the total issue size to Rs 360 crore, according to the draft red herring prospectus (DRHP). The company may also consider a pre-IPO placement of up to Rs ...Read More >
PNN New Delhi [India], April 1: Ratnaveer Precision Engineering Limited has informed the stock exchanges that the company has received approval under the Electronics Component Manufacturing Scheme (ECMS) for its Copper Clad Laminates (CCL) project. The approval letter was formally received by Managing Director Vijay Sanghvi from Ashwini Vaishnaw, Minister of Railways, Electronics & Information Technology and Information & Broadcasting, on March 30, 2026, in New Delhi. According to the company ...Read More >
Mumbai, April 1: Sports technology firm Teamworks announced the acquisition of Pro Football Focus's (PFF) data and analytics platform on Monday in a reported nine-figure deal. The transition, however, has been marked by significant internal restructuring, with PFF leadership confirming mass layoffs during an all-hands meeting. The sale, orchestrated by PFF majority owner and NBC broadcaster Cris Collinsworth, marks a major pivot for the 20-year-old analytics pioneer, shifting its focus toward in ...Read More >
New Delhi: Fresh reports of layoffs at Oracle are drawing sharp reactions online, after a viral post claimed that a long-serving employee battling cancer was dismissed through an email with no prior conversation. The claim surfaced on a Reddit forum, where a user alleged that their father, who had worked at Oracle for 20 years under the same manager, was informed of his termination solely via email. The post has since triggered widespread criticism over how companies handle layoffs, especially ...Read More >
New Delhi [India], March 30 (ANI): Rating agency ICRA highlighted that the revenue growth of construction players hit a speed bump in 2025-26, with road focussed contractors among the worst hit. The construction sector is likely to witness a muted revenue growth of 2-4 per cent in 2025-26, after an almost flat performance in 2024-25, according to an analysis by ICRA. However, it expects the industry to witness a revenue growth of 6-8 per cent in 2026-27 after two bleak years. Shrinking order b ...Read More >
The Government of India is currently examining proposals for Metrolite and Light Metro projects in Jammu and Srinagar to strengthen urban transport infrastructure. This was stated by Education Minister Sakeena Itoo in the Legislative Assembly on Tuesday while replying to a question from legislator Mohan Lal on behalf of Chief Minister Omar Abdullah. The Minister said that in Jammu, comprehensive ground surveys, traffic studies, feasibility analyses and preparation of the Detailed Project Repor ...Read More >
Srinagar, Mar 31: Jammu and Kashmir's long-envisioned metro connectivity is inching closer to reality, with the government confirming significant progress on the proposed Metrolite projects for Jammu and Srinagar. The details came in a reply to MLA Mohan Lal in the Legislature, where the government stated that the Detailed Project Reports (DPRs) for both cities have been finalised and submitted to the Government of India for appraisal. "In Jammu, the proposed Metrolite corridor from Bantalab to ...Read More >
Bengaluru, March 31: After weeks of speculation, fresh reports indicate that Oracle Corporation has initiated a new round of layoffs, impacting multiple teams across regions, including India. Employees claim the layoffs were abrupt and communicated through early morning emails, some arriving as early as 5 AM to 6 AM, leaving little room for preparation or response. Several employees shared their experiences on platforms like Blind and Reddit, describing a sudden and impersonal process. Accordin ...Read More >
Bengaluru, March 31: Fresh concerns over potential layoffs at Oracle Corporation in India have triggered anxiety across the tech sector, after multiple employees claimed they were abruptly terminated early Tuesday morning through emails sent around 6 AM IST. According to posts circulating on platforms like Reddit and other online forums, several employees reported being locked out of their work systems almost immediately after receiving termination emails. The sudden and impersonal nature of th ...Read More >
New Delhi [India], March 31 (ANI): Texmaco Rail & Engineering Limited has secured a significant contract from the JSW Group for the manufacture and supply of freight wagons. According to Texmaco, the total value of the order stands at approximately Rs 421.38 crore, which includes Goods and Services Tax (GST). The base value of the contract, excluding taxes, is pegged at Rs 357.11 crore. The Kolkata-headquartered company received a Letter of Intent (LOI) from JSW Group Companies for the producti ...Read More >
Guwahati/Hyderabad, Mar 31 (Maxim News): It is known that the assembly elections will be held in Assam on April 9. In this context, the BJP has announced its election manifesto. CM Himanta Biswa Sarma, Union Minister Nirmala Sitharaman, BJP state president Dilip Saikia and others released the manifesto at an event held in the capital Guwahati on Tuesday. In this manifesto, titled Sankalpa Patra, it has promised the people to send Bangladeshis from the state and also on the UCC Act. Here To Join ...Read More >
New Delhi, Mar 31 (PTI) Indigenous voice-based agentic AI start-up Gnani.ai has raised USD 10 million in the first tranche of its ongoing funding round led by Aavishkaar Capital, the company said on Tuesday. The company plans to use the fresh capital to accelerate Gnani.ai's global expansion, advance its agentic AI capabilities, expand multilingual and industry-specific solutions, and strengthen its engineering and product talent base, positioning the company to capture a significant share of t ...Read More >
Bengaluru : The TVS Apache RTR 160 4V has redefined the 160cc segment - setting new benchmarks as the most powerful and widely celebrated motorcycle in its class. TVS Motor Company (TVSM), a global leader in the two and three-wheeler segments, announced today the introduction of two new variants alongside the existing top variant, further strengthening the TVS Apache RTR 160 4V's position in the premium performance motorcycle segment. With this update, the Projector headlamp, All-LED Lighting an ...Read More >
Guwahati, March 31: The Bharatiya Janata Party (BJP), on Tuesday, released its Sankalp Patra for the April-9 Assam Assembly elections, outlining a broad development agenda centred on economic growth, welfare expansion and governance reforms. The manifesto was unveiled at Vajpayee Bhawan in the presence of Union Finance Minister Nirmala Sitharaman, Chief Minister Himanta Biswa Sarma, Union Minister Sarbananda Sonowal and state BJP president Dilip Saikia, among other senior leaders. Addressing t ...Read More >
The Bharatiya Janata Party (BJP) has unveiled its manifesto, called the 'Sankalp Patra', for the upcoming Assam Assembly Elections 2026. Union Finance Minister Nirmala Sitharaman released the document, outlining the party's key promises for the state. The manifesto focuses on development, employment, education, healthcare, and the protection of Assamese identity and indigenous communities. Key Focus: Protecting Identity and Culture One of the main highlights of the BJP's manifesto is the pro ...Read More >
New Delhi [India], March 31 (ANI): Union Minister Piyush Goyal held discussions with a European Parliamentary delegation led by Angelika Niebler on the early implementation of the India-European Union Free Trade Agreement (FTA), highlighting its significance for strengthening bilateral ties. In a social media post, the minister said he was "delighted" to meet the delegation and noted that India-EU relations are witnessing growing dynamism across multiple sectors. "India-EU ties continue to str ...Read More >
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