Integrated Island Management Plan: Latest News & Videos, Photos ...
ONGC is implementing a four-part strategy to become an integrated energy company. This includes diversifying into renewable energy, enhancing existing operations, adopting digital tools, and expanding in petrochemicals. The company also aims to achieve net-zero emissions by 2038. A significant capital infusion will help reduce OPaLās debt and support ONGC's ambitious growth plans.
Kolkata-based Vikram Solar
Kolkata-based Vikram Solar, a prominent solar photovoltaic module manufacturer in India, has submitted its draft red herring prospectus (DRHP) to SEBI for an IPO. With over 15 years of industry experience, the company plans to raise up to Rs 1,500 crore through fresh share issues, along with an OFS of up to 17.45 million equity shares by its promoter group.
UBS Partnership
UBS is negotiating a joint venture with Mumbai-based 360 One WAM to expand its wealth management services in India. The partnership aims to target high net worth individuals, complementing UBS's current focus on ultra-high net worth clients. India's wealth management sector is growing rapidly, driven by economic growth and market rallies.
Online Post Graduate Diploma in Management
Many mid-level and early-career workers are considering obtaining an Online Post Graduate Diploma in Management (PGDM). This curriculum, similar to an MBA, provides individuals with critical leadership skills and specialised knowledge required in today's business context. Let's now talk about the advantages of obtaining a PGDM, outline its structure and curriculum, and provide important details for potential students.
Apollo Global Management Investment
Apollo Global Management has proposed a multibillion-dollar investment in Intel, providing an alternative to Qualcomm's potential takeover. This comes as Intel works on a turnaround strategy under CEO Pat Gelsinger. The proposal could change or fall apart, with Intel executives currently weighing the offer.
Air India Expansion
Air India has hired 9,000 employees over the past two years to support its expanding fleet and network. The airline's domestic market share increased from 24% to 27%, and international market share rose from 21% to 24%. Air India also reported a 25% rise in operating revenues and a significant reduction in losses.
ISRO's Earth Observation Satellite
ISRO announced that the Electro Optical-Infrared (EOIR) payload on its latest Earth Observation Satellite, EOS-08, has started operations. The EOIR payload offers advanced thermal imaging capabilities, aiding in agricultural optimization, wildfire management, and urban heat challenges. Launched on August 16, EOS-08's high-resolution thermal data promises to address pressing environmental and climate issues.
Modi 3.0 Government Achievements
The Modi 3.0 government has achieved significant milestones in its first hundred days, including the implementation of new criminal laws, amendments to the Disaster Management Act, and initiatives to eradicate Left Wing Extremism by March 2026. Efforts also include the training of officers, launching mobile applications, and signing peace agreements in disturbed regions.
Disaster Relief Allocations
The Centre has allocated Rs 12,554 crore to various states for disaster relief and rehabilitation. Additionally, Rs 890.69 crore has been sanctioned for fire services expansion in five states. The government is also training volunteers under the 'Yuva Aapda Mitra Scheme' and plans to amend the Disaster Management Act, 2005.
Tata Group's Transition
Tata Group is transitioning into green businesses and semiconductor manufacturing to prepare for the future, says chairman N Chandrasekaran. This includes closing blast furnaces at Tata Steel's UK unit, resulting in 2,500 job cuts. The shift aims to improve financial fitness and competitiveness across various sectors, including Air India.
Wealth Management Sector in India
India's wealth management sector is booming with local and global companies competing for a share. UBS Group AG is exploring partnerships, while Sanlam Ltd. and Jio Financial Services are entering the market. The sector's growth is driven by rising high-net-worth individuals, asset appreciation, and income growth, despite a talent shortage.
Union Health Secretary Apurva Chandra emphasized the need to integrate various health ministry portals for timely data upload and analysis. Releasing the 'Health Dynamics of India (Infrastructure and Human Resources) 2022-23', he highlighted its role in providing reliable information on manpower and infrastructure, aiding policy-making and performance comparison across states.
