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Sarnaik's statement triggered an uproar in the legislative council, leading to calls for action against MSRTC's managing director. The controversy unfolded during a discussion initiated by BJP MLC Parinay Fukey, who raised concerns over the mismanagement of PF and gratuity funds. Fukey pointed out that the PF and gratuity payments of MSRTC employees had not been deposited for the past 10 months, and demanded an explanation regarding the use of Rs 2,214 crore from the fund. Fukey questioned, “What has happened to the Rs 2,214 crore? If this had been an industrialist or a private company, a cognizable offence would have been filed.” He emphasized that the state government, as the principal employer, was responsible for ensuring these funds were properly managed and deposited.

Schengen visa, there are steps you can take to improve your chances. Here’s what you need to know:

state business summits. The sheer volume of these events, particularly in January and February, underscores their perceived importance in attracting investment. Yet, the question lingered: how many of these inked commitments truly translate into tangible economic development? India's economic landscape is punctuated by a surge in state-led investment summits.

Subscribe to enjoy similar stories. India’s auto industry is booming, with annual vehicle sales surpassing 4 million, making it the world’s third-largest car market. The Nifty Auto Index has surged, delivering a 36% compound annual growth rate (CAGR) from pandemic lows, significantly outperforming the broader Nifty 50.

Subscribe to enjoy similar stories. NEW DELHI : Mr. A is a risk-averse investor who prefers fixed over market-linked returns.

Diwekar, who advises Bollywood star Kareena Kapoor Khan, suggests adding two simple yet effective ingredients to your lunch—ghee and chutney.

Holi flash sale offering significant discounts on its popular S1 range of electric scooters. The announcement was made by the company in an exchange filing on Wednesday. As part of this limited-time promotion, Ola's customers can avail discounts of up to Rs 26,750 on the S1 Air and Rs 22,000 on the S1 X+ (Gen 2) rage of electric scooters. The models are now priced at Rs 89,999 for the S1 Air and Rs 82,999 for the S1 X+ (Gen 2), Ola Electric said. Moreover, Ola is providing discounts of up to Rs 25,000 on the rest of the S1 range, including the latest S1 Gen 3 models, the company said.

Subscribe to enjoy similar stories. India’s insurance industry is growing rapidly, supported by robust economic growth, an expanding middle class, innovation and strong regulatory support. According to data from the Swiss Re Institute, total insurance premium collections are projected to grow by 7.1% over the next five years (2024–2028).

Donald Trump has warned his Russian counterpart of «doing things» if the nation refuses for a ceasefire deal with Ukraine. He suggested that financial measures could be used to pressure Moscow but emphasised his priority was achieving peace. While responding to the question about pressuring Russia, Trump said, «I can do things financially, that would be very bad for Russia. I don't want to do that because I want to get peace.» He has said that a ceasefire in Ukraine would benefit Russia but warned of potential downsides, without providing further details. According to Reuters, Trump confirmed that US officials were set to visit Russia to discuss a proposed 30-day halt in hostilities and the possibility of peace talks. After extensive discussions in Saudi Arabia, Ukraine agreed to a ceasefire, leaving the next move to Russia. «Hopefully we can get a ceasefire from Russia,» Trump told reporters in the Oval Office, adding that he had received positive signals but remained cautious about the situation. The Kremlin, meanwhile, stated that it was awaiting details from Washington before responding to the proposal.

Sarie Morton, a student at Matamata College (New Zealand), died Wednesday afternoon after being struck by a train near the intersection of Firth St and College St in Waikato. Her school mourned her tragic death in a Facebook post on Thursday by Matamata College board presiding member Craig Alexander and principal Dr Angela Sharples. «It is with deep sadness that we inform our school community of the sudden passing of one of our beloved students, Sarie Morton, following an incident after school yesterday. Our heartfelt condolences go out to Sarie’s family and friends during this incredibly difficult time,» the post read. KiwiRail is providing support to the train driver involved. Emergency services responded to the incident around 3:15 pm local time on Wednesday, but Sarie died at the scene of the accident. The school will remain open Thursday and Friday to provide support for those affected by the tragedy. Professional support services are available to anyone who needs them.

JSW Energy will remain in focus on Thursday, March 13, after the company’s subsidiary JSW Neo Energy has entered into a share purchase agreement (SPA) for a 100% stake acquisition of Virya Infrapower Private Limited. Post this acquisition, Virya Infrapower will become a step-down subsidiary of the company.

Tan told the Intel team his focus would be on engineering, saying it «won't be easy» to overcome challenges faced by the company. Tan, who was born in Malaysia, will start as Intel chief on March 18, according to the company.

Vedanta, Ola Electric, Jaiprakash Associates, BEML, Infosys among others will be in focus due to various news developments. Vedanta Vedanta's promoters will maintain over 50% stake in each of its demerged entities, as the focus remains on creating pure-play companies which will be better placed to capitalise opportunities.

Subscribe to enjoy similar stories. New Delhi/Mumbai: The back-to-back marketing agreements signed by Starlink with Bharti Airtel and Reliance Jio has finally paved the way for launch of the Elon-Musk-owned satellite internet provider’s services after an initial attempt four years ago.

Subscribe to enjoy similar stories. Gabriel India Ltd: Buy at ₹532.55 | Target ₹600-620 | Stop loss ₹490 On the daily chart, the stock's Relative Strength Index (RSI) is trading above 60, and it is also trading above major EMAs. On the hourly chart, the stock has given a rectangle breakout around the 520 level.

Subscribe to enjoy similar stories. Global private equity firms Blackstone Inc., General Atlantic and TPG Capital are moving in to acquire revenue cycle management firm AGS Health for around $1 billion, said two people with knowledge of the deal. The deal process, launched earlier this year, is likely to conclude next quarter, the people said, speaking on the condition of anonymity.

Subscribe to enjoy similar stories. New Delhi: American trade negotiators are pushing for a level playing field for US-based e-commerce companies such as Amazon and Walmart-owned Flipkart with Indian firms such as Reliance, two people aware of the matter said.

Subscribe to enjoy similar stories. New Delhi: There is unanimity on the need to reduce the goods and services tax (GST) on health and life insurance premia from 18%, but consensus eludes on what the final rate should be: nil, 5% or 12%.

Blackstone, Hillhouse Investment, TPG Capital, and General Atlantic have submitted non-binding bids to acquire AGS Health, valuing the healthcare IT services firm at around $1 billion, said multiple people aware of the development. EQT Partners, the Swedish fund that owns AGS Health, has hired JP Morgan and Bank of America to manage the sale process which will be launched by early next year, ET first reported in September 2024. EQT acquired AGS Health in 2019 for $320 million. Spokespeople at EQT, Blackstone, and General Atlantic declined to comment. Hillhouse and TPG Capital did not respond to email queries.

This should be commensurate with awareness of responsible and ethical use of AI without curbing innovation, they said at the second edition of The Economic Times Digital Transformation Dialogues in Bengaluru, moderated by ET's Beena Parmar. The technology services world is moving towards the platforms and products operating model, which will increasingly rely «not on seniority or experience, but on your ability to deliver on your role,» said Sandhya Arun, chief technology officer at Wipro, which operates in an industry where revenue has traditionally been linked to the headcount. «A role itself has many tasks. If you break it down, some of those tasks will get automated, will get handed off to AI, but the role itself will transform as opposed to the role disappearing if you are doing something relevant such as impacting business value, delivering products ensuring quality and security,» Arun said. Because of this, Wipro is training its next gen, or young associates, to become full stack to work across frontend and backend of technology applications.

Eklavya Model Residential Schools in their mother tongue and have refused to switch from state boards to CBSE as prescribed by the Centre. As the slugfest between BJP-led NDA government at the Centre and Tamil Nadu continues over the imposition of Hindi, the two states have refused to sign a memorandum of understanding with the Centre to run Eklavya schools, which provide education to tribal students from Class 6 to 12. This means that education will be imparted in local languages under state boards.