Author: Team Admin

New Delhi, India: September 13, 2024, Today at the U.S. Chamber of Commerce’s U.S.-India Business Council (USIBC) India Ideas Summit and 49th Annual General Meeting, Babasaheb “Baba” N. Kalyani, Chairman and Managing Director of Bharat Forge, named recipient of the Global Leadership Awards. Each year, USIBC recognizes business champions from the U.S. and India who dedicate their work to advancing the bilaterial economic relationship and making significant contributions to catalyzing growth in the U.S.-India commercial corridor. USIBC President Ambassador (Retd.) Atul Keshap said, “Baba Kalyani is an exceptional global business leader with a long-term vision to create the building blocks…

South Korean electronics manufacturer Samsung is reportedly undertaking a restructuring exercise, handing out pink slips to employees. In India, the company is expected to lay off over 200 employees across divisions including smartphones, home appliances, and consumer electronics. An industry source said the layoffs are part of a global restructuring exercise and not necessarily related to performance of any particular segment or market. According to media reports, the company, in a statement, said workforce adjustments conducted at some overseas operations were routine, and aimed at improving efficiency, while adding that they are not impacting its production staff. According to data…

Goemkarponn desk PANAJI: The government has formally designated a portion of National Highway-66 (NH-66), from Guirim Cross to Sangolda junction, as a construction zone for a duration of 18 months. Various measures will be implemented in this segment, including the service roads, to ensure commuter and driver safety during the construction phase. A new traffic diversion strategy has also been announced by the district magistrate to control vehicle flow during the development. Cars going in the direction of Panaji will be diverted close to Mall de Goa, utilizing the service road after detouring via Chatrapati Shivaji Statue Road. This rerouting…

New Delhi: The Adani Group has called a report in a Swiss media outlet an “orchestrated and egregious attempt by the same cohorts acting in unison” to harm the Group’s reputation and market value. US short seller Hindenburg Research in a post on X claimed that Swiss media outlet ‘Gotham City’ accessed Swiss criminal court records to allege an “Adani frontman invested in opaque… funds that almost exclusively owned Adani stocks…” The Adani Group in a statement called the allegations baseless, preposterous, irrational and absurd. “We unequivocally reject and deny the baseless allegations presented. The Adani Group has no involvement…

Noida: Just as fans hoped to see some action in the Afghanistan vs New Zealand one-off Test on Friday, the match was abandoned without a ball being bowled at the Greater Noida Stadium. Poor facilities and inclement weather meant that the match was called off without a ball being bowled. In the process, the cricket world witnessed a first instance on Indian soil that a Test match was abandoned without a ball being bowled. The first time India hosted a Test match was in 1933. So, it is the first time in 91 years that a Test match on Indian…

Paris: French judicial authorities are investigating the disappearance of two Paralympic athletes from Congo who recently competed in the Paris Games, the prosecutor’s office in the Paris suburb of Bobigny confirmed on Thursday. Prosecutors opened the investigation on September 7, after members of the athletes’ delegation warned authorities of their disappearance two days before. Le Parisien newspaper reported that shot putter Mireille Nganga and Emmanuel Grace Mouambako, a visually impaired sprinter who was accompanied by a guide, went missing on September 5, along with a third person. The athletes’ suitcases were also gone but their passports remained with the Congolese…

Kolkata: Last season’s finalists Mohun Bagan and Mumbai City FC will renew their rivalry as they kick off the 11th ISL here on Friday, marking the start of a new chapter with Kolkata Maidan’s ‘Big Three’ now competing in India’s top-tier football competition. Mohammedan SC have joined their city rivals and two other century-plus old clubs Mohun Bagan and East Bengal in the Indian Super League this season. Mohammedan Sporting secured promotion after winning the I-League last season, and the 103-year-old club will be eager to quickly adapt to the demands of top-flight football. Mohun Bagan were the first to…