The facility, which will be the fourth Final Assembly Line (FAL) for the single-engine H125, will initially produce up to 10 helicopters annually and the capacity will be ramped up depending on the market demand, Airbus officials said.
In the partnership announced with Tata Electronics Pvt Ltd (TEPL), the Taiwanese company is not contributing equity, and restricts its exposure to providing technological expertise on licensing basis.
“The Mahindra ‘Thar ROXX’ will further strengthen the already strong Thar brand, empowering customers to ‘explore the impossible’ with luxury and be a part of the Thar lifestyle,” the company said on Saturday.
Net interest income (NII), which is interest earned less interest expended, grew by 26.4 per cent to Rs 29,840 crore in Q1 FY2025, as against Rs 23,600 crore in the same quarter of last fiscal.
The provisional deal covers the rapid production of prototypes as the Air Force phases out E-3 Sentry or AWACS airborne warning and control aircraft, and follows reports of disagreements over the price for the 737-based Wedgetail planes.
With the exception of the iPhone 15, most other Apple products were available for cheaper on Amazon’s Prime Day sales compared to their prices at physical stores.
Thousands of businesses across multiple geographies, spanning sectors such as aviation, banking and broadcasting, faced a severe service outage due to a faulty code update on their PCs, knocking down the usual flow of their work for several hours.
Overall, exchanges and clearing corporations have not witnessed any significant impact to the trading and clearing activities in the Indian securities market, the statement said.
The company, formed by the merger of PVR and Inox in early 2023, posted a consolidated net loss of 1.79 billion rupees ($21.4 million) quarter, compared with a year-ago loss of 816 million rupees.
As Union Minister Nirmala Sitaraman gears up to present Budget 2024 on July 23, experts expect that it will introduce measures to reduce the compliance burden, both under direct and indirect tax, for the start-up sector.
“MEITY is in touch with Microsoft and its associates regarding the global outage. The reason for this outage has been identified and updates have been released to resolve the issue,” Ashwini Vaishnaw said in a post on X.
The Governor said that household and consumers, who traditionally rely on banks for parking or investing their savings, are increasingly turning to the capital markets and other financial intermediaries.
Microsoft Global Outage: Globally too, a number of airlines and banks were hit by the service disruptions. The cause of the outage is still unclear, but many of those affected have linked the issue to Microsoft PC operating systems.
Paytm reported EBITDA before cost of employee stock options at a negative 5.45 billion rupees for the quarter. It had earlier estimated the figure at five billion rupees-six billion rupees.
From protecting its critical infrastructure to supporting research and development, India’s increasing cybersecurity budget can be used to bolster its defences against cyber threats, says Digvijaysinh Chudasama, Partner, Deloitte India.
FE Modern BFSI Summit Live Updates: India’s ace financial sector regulators and A-listers from the industry will share insights on the country’s future growth trajectory and maintaining financial stability.
Prior to the merger with HDFC Ltd, the bank’s CD ratio was around 85 per cent. Post the merger, the CD ratio stood at 105 per cent (as on March 31, 2024).
In a report released on Thursday, the government’s apex think tank also identified fiscal support to design-focussed companies alongside easing the process for technology transfer as key to boosting domestic electronics manufacturers' role in global value chains (GVCs).
