How three men passionate about 'cool' motorcycles are trying to make India fall in love again with Jawa and Yezdi, with a leaf out of Royal Enfield's book

Jawa

August tax mop-up gives boost to govt finances

Tax revenue

The windfall tax on petroleum crude will be raised to 12,100 rupees ($145.65) per ton from 10,000 rupees ($120.37), effective Sept. 30

Exxon Mobil, Chevron reap over $31 billion profit from energy crunch

oil, fossil fuel, opec, crude oil, energy

No official memo for employees across the company, say sources

Cut to 2019, L&T was on the buyer side of the table of a hostile takeover of tech company Mindtree

SN Subrahmanyan

Capital markets regulator Sebi on Wednesday imposed a penalty of Rs 2 lakh on CDSL Ventures Ltd, a KYC registration agency, over delay in submission of the audit report.
In addition, the entity failed to maintain segregation between cyber security services and infrastructure of itself and depository CDSL, which hit its KYC operations, according to an order passed by the regulator.
The Securities and Exchange Board of India (Sebi) inspected CDSL Ventures Ltd to examine its compliance with the KYC Registration Agency (KRA) regulations.
The period covered in the inspection was from January 2021 to December 2022.
Based on the findings of the inspection, Sebi found certain non-compliances with KRA Regulations.
In its order, Sebi found that CDSL Ventures did not submit the system audit report to it within the stipulated time period.
Sebi has mandated that the system audit should be conducted once in a "financial year" instead of a "calendar year".
The entity had submitted the system a

SEBI

India's vision to have ubiquitous coverage under 6G technology has been accepted by UN body ITU's Study Group in its meeting held at Geneva-- a move that is expected to reduce the cost of deployment of the next generation technology.
ITU is responsible for developing international mobile telecommunication standards.
"In the current meeting, despite resistance and attempts to reverse our progress by few member states, the Department of Telecommunications was able to successfully include 'Ubiquitous Connectivity' and ratify the framework document," an official statement said on Wednesday.
The proposal was accepted by ITU Study group (SG-5) meeting in Geneva held on September 25-26, 2023.
IMT 2030, also known as 6G, is being developed by Working Party 5D of ITU-R Study Group 5.
India in its 6G vision document, released by Prime Minister Narendra Modi, has proposed 6G technology implementation should be affordable, sustainable and ubiquitous.
In the previous meeting of Study group In

6g, telecom,

Launching the new capacity building plan on Wednesday, Union minister Jitendra Singh  said the initiative is aimed at training officers and rationalising their deployment depending on the skills and acquired competencies.
"The administrative reforms initiated by Prime Minister Narendra Modi are aimed at creating an efficient, transparent and corruption-free administration," said Singh, the minister of state for personnel.
The minister launched the capacity building plan (CBP) for government employees at the headquarters of the Department of Personnel and Training (DoPT) here.
The plan has been rolled out by the Capacity Building Commission (CBC) in consultation with the DoPT.
Speaking on the occasion, Singh said the CBP is a new initiative by PM Modi to train officers and rationalise deployment of officers and staff depending on the skills and acquired competencies, a statement issued by the Personnel Ministry said.
"It lays emphasis on transformation of government offices," he ..

Jitendra Singh

The Securities Appellate Tribunal (SAT) on Wednesday quashed the order passed by Sebi imposing a fine of Rs 65 lakh on Apollo Tyres for violating norms pertaining to buyback of shares back in 2003.
Dismissing the regulator's directive, the appellate tribunal has directed the Securities and Exchange Board of India (Sebi) to refund the penalty amount deposited by Apollo Tyres within four weeks, according to the SAT order.
The present appeal was filed against the Sebi's order passed in November, 2018 that levied a penalty of Rs 65 lakh on Apollo Tyres for violation of buyback rules.
It was alleged that shares of Apollo Tyres were bought back by the company and its promoters in contravention of the relevant section of the Companies Act and Sebi regulations. The violations were allegedly committed by the company in 2003.
According to Sebi, Apollo Tyres did not follow any of the methods for repurchase of shares as specified under the buyback regulation.
Under the Regulation 4(1) of buyb

Apollo strives to build brands

A NASA astronaut and two Russian cosmonauts returned to Earth on Wednesday after being stuck in space for just over a year. American Frank Rubio set a record for the longest US spaceflight  a result of the extended stay.
The trio landed in a remote area of Kazakhstan, descending in a Soyuz capsule that was rushed up as a replacement after their original ride was hit by space junk and lost all its coolant while docked to the International Space Station.
What should have been a 180-day mission turned into a 371-day stay. Rubio spent more than two weeks longer in space than Mark Vande Hei, who held NASA's previous endurance record for a single spaceflight.
Russia holds the world record of 437 days, set in the mid-1990s.
The Soyuz capsule that brought Rubio and cosmonauts Sergey Prokopyev and Dmitri Petelin back was a replacement launched in February. Russian engineers suspect a piece of space junk pierced the radiator of their original capsule late last year, midway through what shoul

nasa

Who is to blame for India's pilot shortage? Is junk food the new cigarette? Are consumption stocks a good bet ahead of festive season? What is govt's borrowing programme and calendar? All answers here

TMS Ep531: Pilot shortage, junk food, consumption stocks, govt borrowing

In a bid to further strengthen its presence in Karnataka, Texas-based technology conglomerate Dell is considering a fresh investment in its research and development (R&D) centre in Bengaluru, according to the office of Karnataka Large and Medium Industries & Infrastructure Minister M B Patil.
The company already operates a prominent research and development centre in Bengaluru. At the global level, Dell operates around 25 manufacturing facilities with 14 of these facilities dedicated to R&D.
On Friday, senior officials from Dell held meetings with Patil at Austin in the USA and sought support from the Karnataka government to overcome import restrictions on Special Economic Zone (SEZ) operations, which would enhance cost sustainability for Dell's expansion in India, his office said in a statement here.
A business delegation led by Patil is visiting various states in the US to attract investments into the state.
The delegation also met leading semiconductor manufacturing ...

Dell, Dell Technologies

As the advancement of Artificial Intelligence (AI) has given rise to new possibilities in the world of literature, experts and translators feel that there is still time before such tools learn to translate human emotions.
Looking at the increasing presence of AI in all spheres of life, while some translators believe that such technologies could give birth to new opportunities in translation, others are of the opinion that it could also lead to a crisis-like situation.
Speaking to Bhasha on the occasion of International Translation Day on Saturday, Kolkata-based translator and writer V Ramaswami, said that at present, the vocabulary of the machine is very limited, necessitating a human translator to correct it later.
"The vocabulary of the machine is very limited. Yes, one can use Google Translate and then fix and edit it. I am sure this is also being done. But I think it's much quicker to translate it yourself than to correct a mistranslation again. Hence, the need for a human ...

AI, google, Artificial Intelligence

Popular Vehicles and Services Ltd, which is engaged in automotive dealerships, has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial share sale.
This is the company's second attempt to go public.
Earlier, the company filed draft papers with the Securities and Exchange Board of India (Sebi) in August 2021 for floating an Initial Public Offering (IPO) but deferred the maiden public issue amid uncertain market conditions.
According to the Draft Red Herring Prospectus (DRHP) filed on Thursday, the IPO comprises fresh issuance of equity shares worth Rs 250 crore and an Offer For Sale (OFS) of 1.42 crore equity shares by Banyantree Growth Capital II, LLC.
Besides, the company is looking to raise Rs 50 crore in a pre-IPO placement round. If such placement is undertaken, the fresh issue size will be reduced.
Proceeds of the fresh issue will be used for payment of debt and general corporate purposes.
The Kerala-based company is a leading divers

Germany's government rebuked X owner Elon Musk after he criticised the recent work of migrant rescue ships that German humanitarian groups operate in the Mediterranean Sea.
Musk late Friday shared a video that showed migrants and aid workers on a boat.
The right-wing account that first put the content on X, formerly known as Twitter, praised the populist far-right Alternative for Germany party, which has taken a hard line on migration issues.
Is the German public aware of this? Musk wrote in his repost.
The German Federal Foreign Office replied to Musk directly on X, writing: Yes. And it's called saving lives.
Musk responded that he doubted the German public supports the actions of non-governmental organisations that take asylum-seekers from unseaworthy vessels in the Mediterranean.
He also asserted it was surely a violation of Italy's sovereignty for German-operated ships to bring rescued migrants to Italian territory.
So you're actually proud of it. Interesting, he wrote to th

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TMS Ep531: Pilot shortage, junk food, consumption stocks, govt borrowing

Dell mulls fresh investment in Bengaluru, seeks state govt support

AI far from translating emotions effectively; it is still a threat: Expert

Popular Vehicles and Services Ltd files IPO papers with Sebi again

Elon Musk, German govt spar on X over maritime migrant rescue operations

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