Shrikant Rao For decades, the heavy machinery world ran on an unspoken rule: highway trucks stayed in their division, earthmovers stayed in theirs, and fleet software lived in an entirely separate engineering bucket. If you ran a mining operation, you dealt with this fragmentation daily. You bought haulers from the truck team, excavators from the…
Thiruvananthapuram: Keralam will seek clarity from the central food safety authority on rules to identify and regulate foods high in fat, sugar and salt, as the state steps up efforts to curb unhealthy eating habits among children, Health Minister K Muraleedharan has said. The state will write to the Food Safety and Standards Authority of…
Hiroo Onoda was sent to Lubang in the Philippines in December 1944 with instructions to keep fighting and not to surrender. Japan capitulated in August 1945. Onoda stayed in the jungle until March 1974, when his former commanding officer travelled to the island and formally relieved him of duty. That is nearly 29 years. The…
New Delhi: With the India-New Zealand free trade agreement set to be effective on October 20, the Commerce Ministry on Monday laid out a procedure to allocate concessional duty-based quotas for imports of apples, kiwifruit, and Manuka honey from the island nation. Under the pact, India is providing Tariff Rate Quotas (TRQs) in a calibrated…
New Delhi: Gold rods weighing 3.2 kg and worth approximately Rs 4.03 crore were seized from an Indian passenger arriving from Dubai at Delhi’s Indira Gandhi International Airport, a statement said on Monday. The passenger, who arrived on October 19, was intercepted by Customs officers based on spot profiling, an official statement said. A detailed…
There is something deeply troubling about the growing tendency of powerful global technology billionaires to treat sovereign governments as if they were merely obstacles to be overcome in pursuit of commercial expansion. Elon Musk’s impatience over the regulatory hurdles facing Starlink in Bharat raises this question precisely: must New Delhi bend simply because a foreign…
New Delhi: Food regulator FSSAI has issued notices to Hyderabad-based Gemini Edibles & Fats India Ltd, BigBasket and Flipkart for selling rice bran oil with misleading claims related to health benefits. In a social media post on Friday, the Food Safety and Standards Authority of India (FSSAI) informed that notices have been issued to Gemini…
In 1998, a hedge fund called Long-Term Capital Management nearly broke the financial system. Its partners included two Nobel laureates and some of the finest quantitative minds on Wall Street. Their models were rigorous, their math was correct, and the Federal Reserve Bank of New York ended up organizing a rescue. The math was not…
Mumbai: Jio Platforms plans to raise revenue per customer mainly by selling more services rather than lifting tariffs, though it keeps the option of higher prices, Managing Director Akash Ambani said on Thursday, days before the Reliance Industries unit opens what would be India’s largest initial public offering. “We always can take up prices,” Ambani…
New Delhi: Shares of Reliance Industries rallied 3 per cent on Thursday after Jio Platforms Ltd, the digital and telecom arm of the firm, set a price band of Rs 1,065 to Rs 1,119 per share for its initial public offering that could raise about Rs 30,213 crore at the top of the range, making…
