Author: Ansh Singh

New Delh: Larsen & Toubro (L&T) has promoted Subramanian Sarma to the role of Deputy Managing Director & President, the company announced. Earlier, he was serving as Wholetime Director & President, Energy. The company’s board has also extended his term, subject to approval at the upcoming Annual General Meeting (AGM). If approved, he will continue in this position until February 3, 2028. SN Subrahmanyan, Chairman & MD, praised Sarma’s contributions, highlighting his role in transforming L&T’s hydrocarbon and energy businesses by driving innovation, efficiency, and global growth. Sarma, who holds a master’s degree in chemical engineering from IIT-Mumbai, has over…

New Delhi: With the changing job landscape in India, new graduates searching for IT positions are experiencing stiff competition. Mumbai entrepreneur Udit Goenka, Founder & CEO of fintech firm TinyCheque, recently expressed his concerns on social media. He cautioned that fresh developers may not be able to get jobs in 2025 if they don’t concentrate on industry needs. His tip? Don’t only depend on your degree, begin creating real-world projects to flaunt your talent. What firms are seeking? Goenka noted that having live projects or open-source projects in your portfolio is becoming the norm. “If you have just graduated, begin…

New Delhi: On the occasion of World Forest Day, renowned environmentalist Viral Desai, popularly known as the “Greenman,” initiated a tree plantation drive at Kapodra Police Station, creating a pocket forest. Viral Desai has resolved to transform Kapodra Police Station into a “Green Police Station.” As part of this initiative, he developed a pocket forest within the police station premises. Under this project, around 500 trees and plants have been planted to create a small jungle, with plans to add more attractions in the future. Speaking about the initiative, Viral Desai said, “Today is a very significant day for the…

New Delhi: IndusInd Bank’s promoters are seeing the recent dip in its stock price as an opportunity rather than a crisis. Ashok Hinduja, Chairman of IndusInd International Holdings Ltd (IIHL), believes this is a great time for promoters, and even regular investors, to buy more shares, and despite some concerns, the bank has made it clear, it doesn’t need any extra capital from its promoters. What’s really happening? No Extra Capital Needed: IndusInd Bank is financially strong, with a capital adequacy ratio of over 15%. That means it’s in good shape and doesn’t need an emergency cash injection from its…

New Delhi : iHub Robotics has already made a significant international impact, exporting its semi-humanoid robot, Tara Gen-1, to the UAE and Saudi Arabia. Tara Gen-1 is the most advanced semi-humanoid robot in India, built with cutting-edge AI and robotics technology. It is designed to operate in hospitality, healthcare, airports, railway stations, and various customer service roles, enhancing efficiency and automation in these industries. What sets Tara Gen-1 apart is its advanced human behavior intelligence, allowing it to: Recognize and respond to human emotions. Engage in natural conversations using AI-powered speech recognition. Adapt to different environments with real-time decision-making. Assist…

New Delhi: LG Electronics India is set to enter the Indian stock market with its Initial Public Offering (IPO), having received the green light from the Securities and Exchange Board of India (SEBI). This move follows in the footsteps of Hyundai Motors India, marking the second South Korean company to seek listing on Indian exchanges. As the IPO draws closer, it’s important for potential investors to understand the key aspects of this offering. Offer for sale (OFS) Structure The LG Electronics IPO will be structured entirely as an Offer For Sale (OFS), this means that no new shares will be…

New Delhi: Ford is giving its Chennai factory a new purpose, making engines for global markets. Though car production is still off the table, the Maraimalai Nagar plant will now focus solely on engine exports. Sources say an official announcement is expected in Q2 2025, in line with Ford’s worldwide restructuring plans. This plant has been idle since mid-2022, following Ford’s decision to stop selling cars in India. Some had thought the company might leave India altogether due to U.S. policies favoring domestic manufacturing, but recent talks with the Tamil Nadu government suggest otherwise. Meanwhile, Ford’s other facility in Sanand,…

New Delhi: Tamil Nadu budget for 2025-26 was tabled by Finance Minister Thangam Thennarasu, emphasizing greatly on empowering women. The budget brings in significant initiatives to increase women’s entrepreneurship and facilitate property holding for them. Support for Women Entrepreneurs Realizing the crucial contribution of women to the economy of the state, the government is launching a big scheme to make one lakh women entrepreneurs in the next five years. Women will receive proper training and counseling to enable them to start and develop their businesses, the scheme will facilitate them in getting bank loans up to ₹10 lakh, a 20% subsidy…

New Delhi: Elon Musk, CEO of SpaceX, has a riveting proposal for sending the Starship rocket to Mars by late 2026. Tesla’s humanoid robot Optimus will tag along with the mission too, and this marks a significant stride in Mars surface exploration. Even Musk has mentioned that human beings could be present on Mars by as early as 2029, though he feels 2031 is achievable. SpaceX recently celebrated its 23rd anniversary, founded on March 14, 2002, despite all the triumphs and achievements of the company, it has been hit with some major setbacks for its Starship test flights, all eight…

New Delhi: Former President Donald Trump made a stunning announcement on Truth Social, coming at an especially difficult time considering Tesla’s recent troubles, that he is going to purchase a Tesla. He stated that he wishes to express support for Tesla’s CEO, Elon Musk. This is at a difficult time for Tesla, initially its stock has fallen 15%, and large protests are occurring against the company. By issuing this statement, Trump is urging his followers to support Musk, claiming he even referred to the protests against Tesla as “illegal”, although, in fact, political boycotts are shielded by the First Amendment…