WebinarsNew
Explore Business Standard
TVS Supply Chain Solutions on Thursday announced its entry into the aerospace and defence supply chain market with the formation of a 51:49 joint venture with the Italy-based ALA Group. The collaboration is expected to generate a cumulative revenue of over Rs 2,000 crore by 2031, the company said. The JV will initially focus on opportunities in India, while TVS SCS and ALA will continue to evaluate opportunities to support aerospace and defence supply-chain requirements across select international markets over time, said a company statement. The joint venture, aimed at addressing opportunities in the domestic aerospace and defence sector, will specialise in end-to-end integrated supply chain solutions, including sourcing and supply of aerospace and defence components, kitting and sub-assembly operations, as well as consolidation, imports, warehousing and delivery, the company added. India's defence logistics market is expected to grow at a CAGR of around 8.6 per cent, according to
Italy coach Gennaro Gattuso said it is not the time to talk about his future despite the Azzurri failing to qualify for a third straight World Cup. Even if Gattuso hasn't made up his mind whether to stay or not, the Italian soccer federation gave a clear sign it would like him to remain on Tuesday. Four-time World Cup winner Italy lost a penalty shootout at 66th-ranked Bosnia and Herzegovina in the European playoffs on Tuesday, after playing most of the match with 10 men. "I'm not interested at all in talking about my future today," Gattuso said. "It hurts, it really hurts. More than hurting me, it hurts to see this group which has really given everything in these months and I think we deserved to get back what we put in and I honestly think it's too reductive and too immature to be talking about my future today. "Here we should be talking about Italy, about the national team shirt, that it's yet another blow even though this time we didn't deserve it. We deserved more and that's w
One of soccer's historic powers has reached a once-unfathomable low. Four-time champion Italy failed to qualify for a third straight World Cup after getting beat in a penalty shootout with 10 men at 66th-ranked Bosnia and Herzegovina in the European playoffs on Tuesday. Moise Kean scored early on for Italy but then Azzurri center back Alessandro Bastoni was sent off with a direct red card before the break and Bosnia substitute Haris Tabakovic equalized in the 79th to send the game into extra time at 1-1. The defeat added more misery for Italy's once-proud national team after being eliminated by Sweden and North Macedonia, respectively, in the qualifying playoffs for the last two World Cups. "It's too easy to say what's working and what's not working," Italy coach Gennaro Gattuso said. "The fact is that Italy has failed to qualify for three World Cups. We're having a tough time achieving our goals, both with the national team and with our clubs." Bosnia won the shootout 4-1 and ...
Italy's conservative government led by Premier Giorgia Meloni has approved a bill introducing new measures aimed at fighting illegal immigration, including a so-called "naval blockade" for migrant ships trying to reach Italian shores. A cabinet meeting in the late Wednesday afternoon gave the go-ahead to the bill, which now needs to be discussed and approved in both chambers of parliament before becoming effective. Italy's new migration package - which also includes stricter surveillance at borders and cooperation with European agencies - comes a day after the approval of the new EU pact on migration and asylum, which Rome plans to implement swiftly. The package includes new powers that would enable Italian authorities to impose a naval blockade on migrant ships trying to enter Italy's territorial waters, under certain conditions. Authorities can ban the crossing into Italian waters for up to 30 days, in cases in which the migrant ship poses "serious threats to public order or ...
News that a unit of U.S. Immigration and Customs Enforcement would be present during the upcoming Winter Games has set off concern and confusion in Italy, where people have expressed outrage at the inclusion of an agency that has dominated headlines for leading the Trump administration's immigration crackdown. Homeland Security Investigations, a unit within ICE that focuses on cross-border crimes, frequently sends its officers to overseas events like the Olympics to assist with security. HSI officers are separate from the ICE arm at the forefront of the immigration crackdown known as Enforcement and Removal Operations, and there was no indication ERO officers were being sent to Italy. That distinction, however, wasn't immediately clear to local media Tuesday. Italy reacts to U.S. security deployment The reaction among some in Italy reflects not only a worsening perception abroad of the administration's tactics on immigration but also underscores a broader rift between the U.S. under
Tensions over US President Donald Trump's plans to take control of Greenland have driven a wedge in the once iron-clad link between MAGA and Europe's far-right. The rift seems to signal that ideological alignment alone may not be enough to temper worries among European nationalists over Trump's interventionism abroad. Far-right leaders in Germany, Italy and France have strongly criticised Trump's Greenland plans. Even Nigel Farage, a longtime ally of Trump and head of the Reform UK nationalist party, called Trump's Greenland moves "a very hostile act." During a debate Tuesday in the European Parliament, far-right lawmakers typically aligned with Trump overwhelmingly supported halting a EU-US trade pact over their uneasiness with his threats, calling them "coercion" and "threats to sovereignty." MAGA's trans-Atlantic partners -------------------------------------- Such a divergence between Trump and his European acolytes came as some surprise. Far-right parties surged to power in