The new Navi Mumbai International Airport, which was inaugurated by Prime Minister Narendra Modi on Wednesday, has been designed by the late Zaha Hadid's firm, Zaha Hadid Architects (ZHA). The Rs 19,650-crore architectural marvel features a floating steel-and-glass roof supported by sculptural, petal-like columns, reminiscent of the lotus flower. ZHA's winning design was chosen through an international competition and is a beautiful blend of Indian symbolism and modern sustainability and engineering.
With the growing needs for finances to support their families, Bajaj Life Insurance offers term plans that provide a cushion of comfort for breadwinners. As the company has recently changed its name and rebranded, it remains one of India's most trusted and customer-focused life insurance companies with a track record of providing financial security for millions of families. A term insurance plan is the cheapest and most basic type of life insurance, focusing solely on financial security without any investment aspects. This means that in the event of the breadwinner's untimely death, the family will receive a lump sum amount (the "sum assured") and, in some cases, even a return of the premium paid.
The Indian government has earned a whopping Rs 3,296 crore by selling scrap and waste material from its offices, with more potential earnings on the way. A new campaign, Special Campaign 5.0, has been launched to continue the trend of reducing waste in government offices and increasing revenue. Three top ministers have been assigned to oversee the progress of the campaign, with regular ministerial reviews and weekly reports to be prepared. With Prime Minister Narendra Modi's support and encouragement, this initiative is expected to not only generate income but also free up millions of square feet of office space and eliminate unnecessary physical files.
Xiaomi, a popular Chinese technology company, recently opened a Premium Service Centre in India to enhance their customer's experience. The new centre boasts a product experience zone where customers can test out their latest products and receive first-rate service. This move is led by Sudhin Mathur, the Chief Operating Officer of Xiaomi India and showcases the company's commitment to providing top-notch customer service in the country.
Banks in several states, including Karnataka, Odisha, Chandigarh, and Himachal Pradesh, are closed today to observe the important cultural events of Maharshi Valmiki Jayanti and Kumar Purnima. While the holidays are not listed in the official RBI calendar, the Uttar Pradesh government has also declared a holiday for Valmiki Jayanti. This adds to the already busy month of October with 21 total bank holidays, including national and regional festivals and the usual Saturdays and Sundays.
Category: Business Title: Sensex and Nifty Extend Winning Streak, Tech Stocks Rally Indian equities opened higher on Tuesday, with the Sensex and Nifty both recording gains in early trade. Sector-wise, there was a positive trend in metal and IT stocks. Meanwhile, global markets showed mixed results, with the Nikkei hitting a record high. On Wall Street, the S&P 500 and Nasdaq closed with gains, while the Dow Jones dipped.
As the Supreme Court gears up to hear Vodafone Idea's petition for quashing additional AGR demands, the telecom giant's share price declines by over 4%. The court has emphasized the need for a resolution, given the government's equity stake in the company. Meanwhile, Vodafone Idea has announced the appointment of a new CFO and its recent stock performance shows a mix of volatility and slight gains over different time periods. Stay updated on the latest developments with Vodafone Idea’s AGR case and its impact on the company’s share price.
As Indian markets open on Monday, pre-market updates show that benchmark indices are expected to take a hit due to mixed global cues and foreign investors selling off $2.7 billion worth of Indian equities in September. Japan's Nikkei 225 reached a record high, while markets in China and South Korea remained closed for holidays. In the US, the looming government shutdown and delay in funding deal negotiations continue to weigh on sentiment.
The state government of Andhra Pradesh, led by Chief Minister N Chandrababu Naidu, launched the Auto Driver Sevalo scheme to provide financial aid to registered auto drivers. Making a grand gesture at the launch event, Naidu, along with Deputy Chief Minister Pawan Kalyan and Education Minister Nara Lokesh, travelled 14 kilometres in an auto-rickshaw. The scheme falls under the broader Sevalo Pathakam initiative, which aims to support different sections of society affected by economic disparities. The event was attended by enthusiastic auto drivers' unions and supporters of the ruling alliance.
Bada Business, headed by renowned entrepreneur Dr. Vivek Bindra, has announced the launch of "Idea to IPO" - a groundbreaking program to revolutionize the way small and medium enterprises (SMEs) access growth funding and public credibility. This initiative offers a range of benefits, including lower entry barriers, improved debt access, and an easier roadmap for mainboard migration. The launch also coincides with the resolution of personal and professional misunderstandings for Dr. Bindra, positioning him to inspire and support Indian SMEs on their path to global expansion.