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Subscribe to enjoy similar stories. The first wave of claims for India's automobile production incentives scheme barely touched ₹500 crore, an amount that may grow exponentially in the years ahead as the electric revolution unfolds and more products secure certification. Just four companies—Tata Motors, Mahindra Last Mile Mobility, Toyota Kirloskar Auto Parts (TKAP) and Ola Electric—submitted claims for FY24, two people aware of the matter said.

At Technovation, science takes centre stage, playing a crucial role in the evolving landscape of tobacco alternatives. Philip Morris International (PMI) recently hosted its ninth Technovation event ‘30 years of innovation, 10 years of progress at the Cube, its R&D centre in Neuchâtel, Switzerland. In this context, PMI’s Chief Communications Officer, Dr. Moira Gilchrist, shares her perspective on the critical role of science & technology in driving PMI's commitment to a smoke-free future.

«In our region, less than one in three adults with diabetes are on treatment and less than 15 per cent of people living with the condition have it under control. »The lack of readiness in our primary healthcare systems in terms of standard management protocol, availability of essential medicines, issues related to availability and affordability of quality diagnostics, and trained healthcare professionals need to be remedied immediately," the WHO regional director said.

Aloke Bajpai, co-founder and CEO of ixigo.com, highlighted the lack of public awareness around the health risks. He shared his experience of sending his children to school wearing masks, only to face questions from other parents regarding the necessity. Observing elderly individuals continuing outdoor activities despite hazardous air, Bajpai questioned the absence of public health campaigns to raise awareness about the long-term health risks of such exposure. Some online commenters pointed out that while masks can help to an extent, they are not fully effective against polluted air. Others suggested that those who can afford it should consider relocating to areas with cleaner air for the sake of their family’s health, though Bajpai noted that relocating isn’t a practical solution for everyone.

Subscribe to enjoy similar stories. New Delhi: Highway developer Ceigall India Ltd is planning to sell its five road projects under the hybridannuity model (HAM) in a deal having an enterprise value of $540 million, two people aware of the development said. Out of the five, work has started on two, while the other three are awaiting clearances.

Stellantis is recalling about 207,000 Jeep and Dodge SUVs in the U.S. to fix a computer problem that can disable the anti-lock brakes and electronic stability control safety features

Subscribe to enjoy similar stories. New Delhi: India’s competition watchdog may knock on the doors of the country’s top court in an anti-trust case involving e-commerce majors Amazon and Flipkart, and some sellers on their platforms, two persons aware of the development said. The Competition Commission of India (CCI) is considering moving the Supreme Court to transfer to it more than a dozen writ petitions filed by these sellers in the high courts of Karnataka, Telangana, Madras and Kolkata.

Subscribe to enjoy similar stories. Imagine you are walking on railway tracks on a bridge across a river and you see a train fast approaching on those tracks. You would be extremely lucky if you have time to rush inside one of the refuge bays by the side of the tracks on railway bridges.

Peel Regional Police issued a statement on Tuesday clarifying that they have not received any direct threats against places of worship in the Region of Peel, amid rising tensions and concerns across the country. The police department's reassurance comes amid heightened tensions, prompting an increased police presence around places of worship. «Peel Regional Police is aware of community concerns, particularly at places of worship, regarding demonstrations and perceived threats. Peel Regional Police wish to clarify that we have not received any direct threats against any place of worship in the Region of Peel,» the Peel Regional Police said in their statment.

Indian Railways has utilised 61% of its budgeted allocation — till October-end — through a ₹1.63 lakh crore capital expenditure (capex) for the current fiscal. According to officials aware of the development, earnings of the national transporter were at an upswing with ₹1.02 lakh crore earnings from freight and ₹46,374.5 crore from passengers during the months under review. «Total revenue stood 6.1% higher at ₹1.49 lakh crore this fiscal,» a senior official told ET. For the full fiscal, the Railways has earmarked ₹2.65 lakh crore as capex. It also expects to rake in ₹80,000 crore from passengers, and ₹1.80 lakh crore as freight revenue.

360 ONE Wealth and CRISIL on Tuesday released the Wealth Index report. It is a detailed research and analysis on the investment behaviours, preferences, and wealth management trends of India’s ultra-high-net-worth individuals (UHNIs) and high-net-worth individuals (HNIs). The survey has been conducted on 388 UHNIs and HNIs. The index offers a detailed understanding of the investment strategies and priorities of India’s wealthy. India is an emerging global wealth, with the country now host to 334 billionaires as of 2024. Mumbai has solidified its status as Asia’s billionaire capital and ranks third globally. It has raced based some of the cities in US and China. This economic momentum is expected to further fuel wealth creation across sectors like fintech, e-commerce, space, and defence.

Subscribe to enjoy similar stories. Attention-Deficit/Hyperactivity Disorder (ADHD) affects millions worldwide, yet myths surrounding it persist, hindering understanding and stigmatising those who live with the disorder. Contrary to popular belief, ADHD isn’t a behavioural problem but a neurological one and management requires a combination of therapy, medication, lifestyle changes and routines.

Bhartia family of the Jubilant Group led by brothers Shyam and Hari Bhartia is in advance negotiations with Goldman Sachs to partner with them to acquire a 40% stake in Hindustan Coca-Cola Beverages (HCCB), the wholly owned bottling arm of the US beverage giant in India – the 5th largest market of the Atlanta based beverages giant. Goldman Sachs is expected to finance the special purchase vehicle (SPV) created to own the HCCB stake, deploying Rs 3000-3500 crore through a convertible preferred equity instrument. A similar sized investment is being made by the Bhartia family themselves, said people aware of the development. The investment by the Wall Street bell weather will be routed through the fast growing Goldman Sachs Alternatives vertical – an overarching vertical that does growth and private equity, hedge fund, real estate and private credit investments.

International Road Federation on Monday said it has written to Prime Minister Narendra Modi seeking his intervention in enhancing road safety measures to reduce the rising number of road fatalities in India through targeted interventions like placing two-wheeler ambulances at national and state highways and making smart helmets and two wheeler airbags mandatory. “The International Road Federation has written to the Prime Minister expressing concern at the growing number of road accident fatalities in the country and has suggested implementing strategies aimed at raising awareness, influencing policy, and advancing road safety measures,” it said in a statement issued on Monday. Citing the data of the ministry of road transport and highways (MoRTH), showing over 1,65,000 road traffic deaths in the year 2023 alone, the Federation said it accounts for roughly 11% of the global road traffic fatalities.

Subscribe to enjoy similar stories. New Delhi: The Union government is likely to release ₹50,000 crore to ₹70,000 crore to states as part of its ‘special assistance for capital investment’ scheme in the three months to December (Q3, FY25), to be used for ramping up capital expenditure, two people aware of the matter said.

Subscribe to enjoy similar stories. New Delhi: Getting refund of shares, unclaimed dividends, matured deposits and debentures is likely to get easier for investors and their heirs with the Investor Education and Protection Fund Authority (IEPFA) that manages these assets set to complete its digital transformation over the next few months. IEPFA’s search facility for such financial entitlements of investors and their processing will get more technology support to make the process seamless and the technological transformation is likely to be completed by March 2025, two persons aware of the development said.

Subscribe to enjoy similar stories. Higher government spending, and wedding and festival season uptick in sales could enable Nifty to notch the Street estimated earnings of ₹1,059 per share in the current fiscal. The real worry is the FY26 Nifty 50 EPS estimate of ~ ₹1,200-1,250, an 18% growth over that in FY24, which looks tough, given an estimated 5% earnings growth in the current fiscal, believes Nilesh Shah, managing director (MD) of Kotak Mahindra Asset Management Co.

Both Rahul Gandhi and his sister made sure they resonated with the local sentiment in every interaction they had with locals and campaign rallies they addressed. The locals believe only the Gandhi scions have the political muscle to influence a decision in their favour with the Congress-run Karnataka government. Aware of this, Karnataka deputy CM DK Shivakumar, too, spoke about it in Wayanad on Saturday, and promised voters about taking a call. Priyanka Gandhi, he said, discussed the subject with chief minister Siddaramaiah and himself about easing the night traffic curbs. Officials from both Karnataka and Kerala will meet and discuss the subject after the November 13 bypolls, the Dy CM said in his speech.

Speaking to ANI, Yediyurappa said that the Congress «looted» money and sent the amount for the Maharashtra assembly elections. «What PM said is 100 per cent correct. They looted here like anything. They have sent that amount for the Maharashtra election,» the former Karnataka Chief Minister said.