Operation Sindoor and the subsequent skirmishes between India and Pakistan demonstrated India’s superiority as a professional military power as well its advanced preparedness and coordination between all wings of the armed forces- Army, Navy and Air Force. From unprovoked firing at the LoC to targeted attacks on India through missiles and armed drones, India could not have thwarted any Pakistani aggression without anticipating Pakistan’s moves and preparing a detailed deterrence plan. All of this wouldn’t be possible without extensive training and assimilation of warfare and the technologies used to thwart any further aggression from across the frontlines. Ashok Atluri understands…
Author: Abizar Attari
After the pandemic lows in 2020, the capital markets have witnessed a surge in retail investor participation over the past 5 years. Between 2020 and 2024, the number of demat account holders has skyrocketed to 14 crore from 4 crore, as a combination of low interest rates, an increase in financial literacy and the Fear of Missing Out (FOMO) phenomenon drove many to invest in securities. The Indian stock market has also grown by leaps and bounds, with India leapfrogging Hong Kong to become the world’s fourth-largest stock market, with a valuation of approximately USD 5.2 trillion, after overtaking France…
London: Google DeepMind CEO Demis Hassabis predicts that AI will create very valuable jobs, and students should embrace the use of AI models. However, learning fundamental concepts in maths, physics and computer sciences is equally important to understanding how AI works, he said while speaking at the SXSW in London. Demis predicts that AI will benefit “technically savvy people who are at the forefront of using these technologies.” It is fast becoming the next big revolution in technology, much similar to the industrial revolution and the internet era, he says, even as there are widespread fears of job losses due…
Mumbai: Defence PSU Cochin Shipyard Ltd (CSL)’s shares have surged nearly 7% due to heavy trading volumens and renewed market optimism. Cochin Shipyard has been in the spotlight for quite some time now, as reports of the company’s partnerships with leading maritime companies have been doing their rounds. Drydocks World, a leading service provider for offshore oil and gas and renewable energy, had signed a Memorandum of Understanding (MoU) with CSL to enable development of ship repair clusters. Cochin Shipyard has emerged as one of the top performing stocks on the bourses, offering more than 700% returns in just two…
Delhivery, one of India’s largest third-party ecommerce brands has found itself in a soup with bad customer service. A Reddit user has sparked a viral discussion about poor customer service by brands and wants to know if there’s anyone who can set up a startup to follow up on unresponsive complaints. “I’m not here to give a startup idea or pitch something. I’m just screaming into the world hoping someone out there listens. We are living in a country where customer service is treated like a joke. Companies like Delhivery cancel paid deliveries without reason, force you to call them…
New Delhi: Zerodha’s co-founder Nithin Kamath expects a potential 20% decline in the company’s broking revenue on account of rising competition and lower market activity. Despite an increase in compliance costs, the company doesn’t want to revise its broking rates. “Brokerage rates, DP charges will remain unchanged. We haven’t changed them in the last 15–16 years. We want people to have predictability in pricing, and that’s a good thing,” Nithin said in an interview to CNBC TV18 at the sidelines of the EY World Entrepreneur of the Year 2025 awards in Monaco. The company refuses to join the IPO bandwagon.…
New Delhi/Seoul: South Korea has elected liberal leader Lee Jae-myung after an overwhelming 49.4% of the electorate trusted him over his closest competitor Kim Moon-soo with 41.15% of the vote. The former human rights lawyer and Democratic Party candidate had lost the 2022 electrion with a razor thin margin, serving as the leader of opposition instead. On hearing the news, PM Modi extended his congratulations with a post on X Congratulations to Mr Lee Jae-Myung on being elected as the President of the Republic of Korea. Look forward to working together to further expand and strengthen the India-ROK Special Strategic…
New Delhi: Yes Bank’s shares are again in focus as the Mumbai-based private lender has approved a proposal to raise up to Rs.16,000 crore through a mix of equity and debt instruments, according to a regulatory filing on June 3. The move is aimed at optimising the bank’s capital structure and funding its growth plans. This fundraising plan includes issuing equity securities worth Rs.7,500 crore and debt worth Rs.8,500 crore in both Indian and foreign currencies. This would result in a dilution of the total equity of the company of less than 10%, the filing explained. This comes about a…
Mumbai: After Japanese finance major Sumitomo Mitsui Banking Corporation (SMBC) bought a controlling stake in Mumbai-based Yes Bank, reports have emerged about SMBC’s plan to make Yes Bank a fully owned subsidiary of the company. Following this, Yes Bank’s shares saw a nearly 9% drop from Rs.23 on June 02 to Rs.21 when markets opened the following day. SMBC already owns SMBC India Credit, an NBFC it acquired in 2021. “In this regard, the Bank is not privy to discussions in relation to matters stated in the article. Further, references to the Bank having ‘road map’ discussions with the RBI…
Mumbai: Inox Wind Ltd, one of India’s largest integrated wind energy players, has seen its stock fall as much as 3% intraday on June 2, even as the company reported a 142% YoY rise in revenue for Q4 FY25. With a Rs.186.9 crore net profit, the company has seen a 302% rise in net profit from the same period last year. The company has declared a dividend of Rs.1.50 per equity share, subject to shareholder approval. The company has also received NCLT approval to merge Inox Wind Energy Ltd with Inox Wind, increasing the company’s share count by 25% and…

