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Enterprise software firm Ramco Systems is considering entering the defence sector in India in the maintenance, repair and overhaul (MRO) segment, newly appointed CEO Sundar Subramanian told ET in an exclusive interview.“We are interested in the Indian defence sector and are talking to government defence establishments,” he said.

Check out the companies making headlines in midday trading.

Stocks that are trading heavily or have substantial price changes on Friday: Nucor, Planet Fitness fall; Newmont, Frequency Electronics rise

About 13,000 U.S. auto workers have stopped making vehicles and headed for the picket lines

Building community has been the cornerstone of Katherine Colsher’s career, spanning from the launch of the “10,000 small businesses” program at Goldman Sachs to becoming the CEO at Girls Who Invest. Colsher, a judge at this year’s InvestmentNews Women to Watch Summit, is motivated by opportunities to build and scale incredible organizations.

Vistara will start direct flights between the national capital and Hong Kong from October 29.

Jammu and Kashmir Bank on Friday presented dividend cheques worth over Rs 30 crore to the Union Territory government, initiating the payment of dividend to its shareholders after seven years. MD and CEO Baldev Prakash presented two cheques worth Rs 28.57 crore and Rs 1.84 crore to the Jammu and Kashmir government, its promoter and major shareholder, an official spokesman said. The MD and CEO handed over the dividend cheques for the FY23 to Lieutenant Governor Manoj Sinha. The bank approved 50 per cent dividend for FY23 at its 85th annual general meeting. Lt.

Zexus Air Services, which was operating the now grounded carrier Zoom Air, on Friday said its flying permit has been renewed by aviation regulator DGCA. After launching operations in February 2017 with a CRJ aircraft, the Gurugram-based airline shut down operations in 2020, and subsequently its flying permit was suspended. The renewal of the air operator certificate will help the grounded domestic airline to take wings again. "Zooom Airlines (earlier Zoom Airlines) has received the official clearance to commence commercial passenger operations in India...the airline received its Air Operator Certificate (AOC) from the DGCA," Zexus Air Services Pvt Ltd said in a statement on Friday. The AOC was renewed on September 14 and it would remain valid till September 3, 2024, a source in the know said.

Dabur India Ltd. plans to have ₹7,000 crore in revenues from its home and personal care business, and taking its healthcare business to ₹5,000 crore in the medium term. This growth will be driven by the company's strategy of extending its existing brands into newer categories and consumption occasions, as well as tapping into new platforms such as e-commerce.

Cultos Global, with offices in Dubai, has raised an undisclosed amount in its current investment round.Sameer Mehta, founder and CEO of Boat; Tarun Katial, founder and CEO of Coto; Ashwath Bhat, finance head at Fractal Analytics; and Vijay Ratnaparkhe, head of Bosch Southeast Asia, participated in the investment round.

Naina Desai, widow of late art director Nitin Desai, seeking a review of the National Company Law Appellate Tribunal (NCLAT) order allowing bankruptcy proceedings against their company. Nitin Desai had been found dead in his Karjat studio on August 2, a day after the NCLAT dismissed his plea against initiation of insolvency proceedings, prompting calls for an investigation. “We do not find any good ground and reason to interfere with the impugned judgement and hence the appeal is dismissed,” a two-judge bench of justices Sanjiv Khanna and SVN Bhatti said in a short order Friday. The apex court's dismissal clears the ground for recovery proceedings against ND's Art World Pvt Ltd, the company promoted by Nitin and Naina Desai, which owes Edelweiss Asset Reconstruction Co.

Bloomberg reported on Thursday that after cutting 10% of jobs in the early part of this year, Salesforce (NYSE:CRM) is aiming to hire around 3,300 people across various departments.

By Alexander Marrow

Wipro was on 174th rank in the list while Anand Mahindra-led Mahindra Group was on 210th rank. Reliance Industries was at 248th rank, HCL Technologies at 262nd rank, HDFC Bank at 418th rank, WNS Global Services at 596th rank, and finally ITC at 672nd rank.

Radhika Gupta, the CEO of Edelweiss Asset Management Company, recently pondered about turning 40. While many people feel bittersweet about turning a year older, get into a philosophical mode, or engage in nostalgia, reminiscing about the ‘good ol’ days’, Gupta was rather optimistic about turning older. Taking to LinkedIn, she wrote how, just before she turned 40, she was standing in front of the iconic BSE Towers, a 29-storey building in India’s Wall Street, the Dalal Street. She then went on to write about how she took photos with some youngsters. The entrepreneur went on to say that although she has turned older, she has no life lessons to share.

GreenCell Mobility and VE Commercial Vehicles on Friday said they have entered into an agreement for supply of 1,000 electric buses in the next five years. The two parties have signed a memorandum of understanding, which envisages VE Commercial Vehicles (VECV) supplying 1,000 Eicher electric buses to GreenCell's intercity bus business, NueGo, the two companies said in a joint statement. NueGo is already operating in over 30 cities, including Delhi, Chandigarh, Dehradun, Agra, Jaipur, Ludhiana, Bhopal, Indore, Hyderabad, Vijayawada, Bengaluru, Tirupati, Chennai and Pondicherry. «With our focus on superior uptime, backed by a strong alternate fuel programme, we look forward to our partnership with GreenCell Mobility, as we jointly endeavour to decarbonise city mobility,» VECV Managing Director and Chief Executive Officer (MD & CEO) Vinod Aggarwal said. «The collaboration strengthens our resolve to reshape the mobility landscape and lead the charge towards sustainability,» GreenCell Mobility MD & CEO Devndra Chawla said.

Here’s a quick question: What is common to former German chancellor Angela Merkel, British comedian Rowan ‘Mr Bean’ Atkinson, former president of India APJ Abdul Kalam, Microsoft CEO Satya Nadella, supermodel Cindy Crawford, first man on the moon Neil Armstrong, India’s richest businessman Mukesh Ambani, Delhi's chief minister Arvind Kejriwal, Bollywood heartthrob Vicky Kaushal, and Bloomberg founder and CEO and three-time New York Mayor Michael Bloomberg? The answer: They are all engineers. This eclectic list serves as a counter-narrative, challenging the notion that engineering no longer opens doors to opportunity, particularly in India.

Netflix has just made the day of One Piece fans worldwide by confirming the renewal of the beloved show for another round, anticipated to be Season 2. This renewal announcement was accompanied by an exclusive video message from Eiichiro Oda, the manga creator and executive producer of the show.

BEIJING — Yum China is spending more on tech, an investment that's allowed it to open more stores without having to hire more staff, CEO Joey Wat told CNBC in an interview Friday.

Walt Disney Co. (NYSE:DIS) has engaged in initial discussions regarding the potential sale of its ABC network and TV stations to Nexstar Media Group Inc. (NASDAQ:NXST), according to Bloomberg News.

By Ludwig Burger and Patricia Weiss