Wellness Financial News

Mahindra Group is looking for partnerships with global players for local production of battery cells in order to cater to expected increase in demand for electric vehicles in the future, according to a top company executive. In an interaction with PTI, Mahindra Group MD and CEO Anish Shah said the company is looking at a 2030 timeframe for the possible listing of its electric vehicle arm Mahindra Electric Automobile Ltd (MEAL). «One area that we continue to look at more closely is cell manufacturing and that is something where there are various considerations… if we feel it's essential for us, we will look at a partnership for cell manufacturing,» he stated. He further said: «We will look at a global technology partner, and potentially at private equity partners as well because we will not put the entire capital.» The initiative, if it materialises, would enable local production of battery cells in India, Shah said.

Amit Shah will chair a high-level meeting on Sunday to review the security situation in Jammu and Kashmir (J-K) and preparedness for the Amarnath Yatra. Earlier, Amit Shah reviewed the security situation in Jammu and Kashmir in a high-level meeting with senior officers of the Ministry of Home Affairs (MHA) here in the national capital on Friday and directed to call another detailed meeting on June 16 over the issue. Shah conducted the meeting in the wake of recent terrorist attacks in Jammu and Kashmir, which have raised concerns about the security arrangements in the region.

fire officials have managed to douse the fire that broke out at a packaging factory in the Tronica City industrial area in Uttar Pradesh's Ghaziabad on Saturday morning, a fire official said. There was no loss of life in the fire incident. «At the time of the fire, three employees were present in the factory, who were evacuated safely,» Chief Fire Officer (CFO) Rahul Kumar told ANI. Twenty-four fire tenders were present on the spot to control the fire. The blaze had rapidly spread to the upper floors of the three-story building.

Venture capital (VC) funds and angel investors have started to seek more clarity from cofounders, who are also spouses, about their roles, responsibilities and any special rights given to either of them at the time of the company’s inception. In several instances, founders often name their spouses as cofounders at the time of the inception of their venture. However, if the spouses choose to part ways after a few rounds of funding, at that time, dealing with that separation becomes messy for investors as they have to deal with disgruntled spouses who are also shareholders of companies.

low-salt, low-sugar and nutrition-fortified packaged food with sales of such products having risen in the last five years, according to the latest data from companies, market researchers and the government. This reflects an uptick in healthy eating trends as well as packaged food companies working on improving taste, the reason why sales of such items had failed to gain traction initially. Data show urban India is leading the shift toward healthier food, even though it has also picked up pace in rural areas, where household expenditure on staples such as salt, sugar and edible oil has come down. High levels of sugar, salt and fat in processed goods are seen as a concern amid rising diabetes, obesity and cardiac issues in India and elsewhere. PepsiCo's bottling and distribution company Varun Beverages told analysts last month that 46% of its consolidated sales volumes comes from low-sugar or no-sugar products, which aligns with consumer trends.

The Chosen' Season 4 reaches its midway point, significant shifts are unfolding within its narrative landscape. The series, renowned for its intimate portrayal of biblical tales from a character-centric perspective, continues to resonate with audiences by bridging ancient stories with modern emotional experiences. Episode 4's exploration of grief underscored the show's enduring appeal, with Episode 5 set to explore these profound human themes. Against the backdrop of Jesus's unwavering journey towards Jerusalem, Episode 5 will confront the clash between earthly desires and spiritual teachings.

South China Sea as well as cultural value and discover its past, authorities have recovered 1,000 pieces of treasure, including copper coins and ornate pottery from the Ming Dynasty. According to China's National Cultural Heritage Administration, valuable artifacts from the debris of a pair of ancient shipwrecks, buried under 5,000 feet have been taken out. The shipwrecks were discovered in 2022 and the authorities toiled for one year to assess their value and ways to reach them. After much deliberations, planning and study, the archaeologists used a crewed submersible called "Deep Sea Warrior" to conduct the excavation, reports CBS News.

World War 3 begin next week? A week after observing the 80th anniversary of D-Day when the Allied forces had landed at Normandy in World War 2, will another internecine war erupt soon? This question looms over world leaders, defense experts, historians as well as astrologers. All eyes are set on Indian astronomer Kushal Kumar, who predicted the beginning of Word War 3 on June 18, 2024. Dubbed as 'new Nostradamus', he told the 'Daily Star', «NOW, Tuesday, 18 June 2024 has the strongest planetary stimulus to trigger WW3.» Earlier, he predicted the death of Iranian President Ebrahim Raisi, who died in a helicopter crash last month. In a post on 'The Medium', Kumar, cited a recent terror attack on Hindu pilgrims in the Indian administered state of Kashmir. He has also talked about the shots fired at the Demilitarized Zone between North and South Korea. The 'new Nostradamus' has also talked about the escalation of tension and conflict between Israel and the Islamist militant organization Hezbollah, after the Lebanon-based outfit fired rockets at the Jewish state.

Also Read: Nifty 50 to hit 25,816 in 12 months; PL overweight on banks, auto, telecom: ITC, BEML among high conviction picks"With government continuity now in place, we believe the market can look forward to further structural reforms, giving us more confidence in the earnings cycle. Macro stability with rising GDP growth relative to real rates should extend India's outperformance over emerging markets (EM) equities."Earlier, the rating agency revised India's GDP upwards to 6.8 per cent for 2024-25, with headline CPI decelerating to about 4.5 per cent for the year.

Modern warfare is no longer a solely physical domain, but a dynamic and ever-evolving landscape increasingly influenced by complex data networks and advanced cyber technologies, IAF Chief Air Chief Marshal VR Chaudhari said on Saturday. Addressing the Combined Graduation Parade (CGP) of the 213 Officers' Course at the Air Force Academy (AFA) at Dundigal near here, Chaudhari also said tomorrow's conflicts cannot be fought with yesterday's mindset. «Modern warfare is a dynamic and ever evolving landscape. It is no longer solely a physical domain. It is increasingly influenced by complex data networks and advanced cyber technologies. As leaders, you all need to adapt, innovate and leverage technology effectively for proving decisive in winning wars,» the Air Chief Marshal said. He further said professionalism, aggressiveness and initiative are the three most admired qualities of a leader and at the same time, leaders who are thinkers are also needed.

Whether you're looking to replenish your cleaning supplies, upgrade your kitchen gadgets, or simply stock up on everyday necessities, this sale has something for everyone. Don’t miss out on these exclusive offers—shop now and transform your daily routine with top-quality products at unbeatable prices.

Buying life insurance gives a policyholder and his or her family a financial protection against unforeseen circumstances. But, what if the policyholder commits suicide? Is the insurer liable to pay the sum assured to the nominee?

At the recent G7 Leaders’ Summit, the UK solidified its role as a global leader by announcing the expansion of its AI for Development programme into Asia. This initiative, initially launched to support safe and responsible AI projects in Africa, will now extend its reach to Asia, marking a significant step in global technological and sustainable development efforts.

Russia sending its fleet including nuclear powered submarine has achieved desired results as far as it has been able to create panic in US media as well as the population at large. The Russian fleet docked at Havana port is around 350 kms from the popular Miami Beach (Florida). So much so that US Southern Command has to rush its submarine USS Helena to Guantanamo Bay in Cuba to inspire confidence in the US public.

By Akshat Khetan

By Shashwat Vatsa

Haryana to discharge additional water into the Yamuna on humanitarian grounds, senior AAP leader and minister Atishi said on Saturday. Delhi's water minister also told a press conference here that the capital is facing a shortage of 70 million gallons per day (MGD) in production due to lack of raw water in the Munak canal and Wazirabad reservoir. The normal water production of around 1,002 MGD in Delhi went down to 932 MGD on Friday because of lack of raw water, she said. «The Delhi government has appealed to Haryana to release additional water for the people of the city on humanitarian grounds,» the minister said and added that issues related to share of Yamuna water can be discussed after heatwave conditions abate.

T20 World Cup is being blamed on «groupings» within the team and non-performance of senior players during critical moments and it could lead to «major changes» not just in the team but also in the PCB. According to Pakistan Cricket Board (PCB) sources, the biggest challenge before Babar Azam on his comeback as captain was to unite the team but he could not do so because of the groupings. Shaheen Shah Afridi upset at losing the captaincy and Babar not supporting him when required while Muhammad Rizwan was unhappy at not being considered for the captaincy. «There are three groups in the team, one led by Babar Azam, the second one by Shaheen Shaheen Afridi and the third one by Muhammad Rizwan. Add to this mix the return of seniors like Muhammad Aamir and Imad Wasim and the recipe was ready for a World Cup disaster,» a source close to the team told PTI.

Narendra Modi on Saturday shared highlights from his participation in the G7 Summit at Italy and said that he presented India's perspective on the world stage. A video shared by PM Modi shows glimpses of the highlights of his visit to Italy including his arrival in Italy to Italian PM Giorgia Meloni's welcome at the venue of the G7 Summit in Apulia city in Italy. Meloni greeted PM Modi with a 'namaste' and the two leaders then posed for a picture for the cameras.

faking work. As per a report of Bloomberg, Wells Fargo & Co recently terminated more than a dozen employees in its wealth and investment management division. These terminations occurred last month after it was discovered that the employees had faked their work activities using keyboard simulation, according to the report in Bloomberg.

ICC T20 World Cup, USA batter and skipper Aaron Jones expressed that the team is looking forward to competing against more top Test cricket nations. The USA qualified for the Super Eights stage of the tournament after their match against Ireland was washed out due to rain and both teams shared a point each. With two wins, a loss, and a no result, the US secured five points in total and ended in second place. Their result also meant that Pakistan, another team in contention for the Super Eights, was knocked out of the competition.