 Daman, May 18 (ANI): Indian Coast Guard helicopter rescued stranded crew member from Gal Constructor off Satpati coast.

Watch: Indian Coast Guard rescues crew member stranded off Satpati coast

MSIL currently has a subscription service that allows customers to lease its petrol-run and strong hybrid vehicles on a flexible, long-term basis without ownership commitments

The Rs 2,715-crore acquisition of premium beauty brand Minimalist from a company founded four years ago is "a great example of making" Hindustan Unilever Ltd's portfolio future fit and it shows the startup ecosystem in India definitely has a strong future ahead, according to its CEO and Managing Director Rohit Jawa.
Hindustan Unilever Ltd on Wednesday announced that it has signed and executed share purchase and subscription agreement for acquisition of 90.5 per cent of shareholding of Uprising Science Pvt Ltd -- the firm behind Minimalist -- comprising secondary buyout for a cash consideration of Rs 2,670 crore at a pre-money enterprise valuation of Rs 2,955 crore.
The company will also make a primary infusion of Rs 45 crore with an eventual acquisition of the remaining 9.5 per cent of Uprising's shareholding, HUL said in a regulatory filing.
Addressing an earnings call, Jawa said despite the slowdown in FMCG market, which is transitory in nature, the company is preparing for future

Hindustan Unilever Ltd on Wednesday announced that it has signed and executed share purchase and subscription agreement for acquisition of 90.5 per cent of shareholding of Uprising Science Pvt Ltd

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The Uttar Pradesh government on Wednesday approved a new Aerospace and Defence Unit policy to attract Rs 50,000 crore of investments and generate jobs for 1 lakh people.
The state cabinet meeting chaired by Chief Minister Yogi Adityanath in Prayagraj also approved an FDI policy among 10 key proposals aimed at accelerating the state's development, an official release said.
Among these, the groundbreaking Aerospace and Defence Unit and Employment Promotion Policy 2024 was introduced to position UP as a leader in the sector, the release said.
The policy sets an ambitious target of attracting Rs 50,000 crore in investments, with the potential to generate direct employment for 1 lakh youth across the state. The Cabinet meeting was held at the Triveni Complex in Prayagraj amid ongoing Maha Kumbh.
The state Cabinet also approved the new FDI Policy to boost setting up of foreign industries in Uttar Pradesh in order to propel industrial and economic growth.
"Under this policy, the state ..

The state cabinet meeting chaired by Chief Minister Yogi Adityanath in Prayagraj also approved an FDI policy among 10 key proposals aimed at accelerating the state's development

Economists said that the government had largely anticipated the policy action on tariffs in November when the election results came out

Industry body India Hydrogen Alliance has sought an additional budgetary support of USD 2.5 billion for government's National Green Hydrogen Mission (NGHM) in the upcoming Budget.
The additional funds will be essential for supporting demand side incentives, capital expenditures for building hydrogen infrastructure and hydrogen hub development, the India Hydrogen Alliance (IH2A) said in its Budget recommendation to the government.
The body has "recommended increasing budgetary support for the National Green Hydrogen Mission (NGHM), with an additional USD 2.5 billion allocation in addition to the USD 2.3 billion already allocated to NGHM".
IH2A also raised industry concerns about slow project development and the lack of offtake agreement for green hydrogen.
Demand side incentives, capex subsidies, establishment of green hydrogen development corporations (GHDCs) shall address these challenges, the body said.
The public finance and funding will also support in development of five more

The additional funds will be essential for supporting demand side incentives, capital expenditures for building hydrogen infrastructure and hydrogen hub development

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Watch: Indian Coast Guard rescues crew member stranded off Satpati coast

Daman, May 18 (ANI): Indian Coast Guard helicopter rescued stranded crew member from Gal Constructor off Satpati coast.

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