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App-based drivers' strike in Bhubaneswar escalated to violence on Wednesday. Protesters threw stones at police and vandalized government buses at PMG Square. Hundreds of taxis and bikes blocked roads, disrupting traffic movement across the city. Police detained over thirty individuals and seized vehicles, deeming the protest illegal. The situation has since returned to normal with vehicular movement resuming.
Along the stunning coast of Georgia, discarded chicken cages have found a new purpose as artificial reefs. These innovative structures create vital habitats for diverse marine species, enriching the sandy seafloor ecosystem. Across the nation, artificial reefs have expanded to over nineteen square kilometers from 1970 to 2020, yet ongoing research continues to examine their long-term ecological effects and the associated risks.
Shiprocket’s strong stock market debut reflects surging investor confidence in India’s tech-driven e-commerce infrastructure. As rapid D2C expansion, SMB digitization, and quick commerce transform Tier-2 and Tier-3 markets, Shiprocket’s neutral API aggregation model unifies a fragmented logistics ecosystem. Beyond core shipping aggregation, the platform's long-term growth is powered by expanding merchant fulfillment, payments, and checkout workflows.
Sebi will soon issue guidelines for responsible AI and machine learning use in India’s securities market, with mandatory safeguards including a “kill switch”, human oversight and data controls. Chairman Tuhin Kanta Pandey said the framework will balance innovation with investor protection as AI adoption expands across surveillance, risk assessment, fraud detection and investor servicing, while ensuring accountability among regulated entities.
The Supreme Court has ordered the Odisha Sentence Review Board to decide on Rabindra Kumar Pal's plea. Pal, convicted in the Graham Staines murder case, has served over twenty-six years of his sentence. The court expressed dissatisfaction with the prolonged delay in considering his request for release.
Behari Lal Engineering shares surged 14% after making a strong market debut, listing at a 63% premium to the IPO price. Brokerages remain positive, citing strong investor appetite and reasonable valuations, though they advise investors to book partial profits after the sharp listing gains. Here’s what SBI Securities and Swastika Investmart recommend on the stock.
A drive will begin against drivers without working Marathi knowledge. Notices will be issued, followed by license suspension if compliance is not met. Additional Transport Commissioner Ravi Gaikwad will lead the month-long statewide initiative. Drivers face a one-month notice to acquire Marathi proficiency. Failure can result in license suspension and permit cancellation.
Innovative air conditioning technology now harnesses the power of saltwater solutions to store energy. Developed by researchers at NREL, this system tackles high electricity demand and cuts cooling costs efficiently. Simulations reveal notable savings in electricity usage and expenses for buildings. This groundbreaking approach holds great potential for addressing summer cooling challenges and ensuring sustainable energy management.
Exicom Tele-Systems is now manufacturing liquid-cooled power modules for EV chargers. This new production facility in Hyderabad will serve global markets, including North America and Europe. The company's move addresses heat challenges in high-power electric vehicle charging systems. Exicom's acquisition of Tritium enhances its liquid-cooled technology capabilities.
The Uttarakhand High Court has upheld compensation of around Rs 16 lakh, including interest, for the family of truck driver Kamal Singh, who died of cardiac arrest after having a meal while driving from Uttar Pradesh to Jharkhand. The court found the activity sufficiently connected to his employment and held that eating was necessary during prolonged driving duties.
More than 300 companies are attending the World Robot Conference which runs through Sunday, displaying over 2,000 exhibits and launching more than 150 products, according to Beijing authorities.
GOld rate today: Gold prices dropped today at prominent Indian jewellery outlets, including Tanishq, Malabar Gold & Diamonds, Kalyan Jewellers, and Joyalukkas. The IBJA confirmed a decrease in gold rates across multiple purity levels. Customers are encouraged to stay informed on the latest 18K, 22K, and 24K rates.
Global capability centres are rapidly increasing hiring for specialized and mid-career professionals. Technology and innovation are now key drivers for these centres' expansion. Experienced talent is increasingly sought after for immediate contributions to transformation programs. Contractual roles now form a significant portion of the global capability centre workforce.
Siow - who was named President for SAP Asia Pacific region last month - told PTI in an interview that the company views India through a broader lens that goes beyond its customer base and revenue growth, given the country's large partner ecosystem, technology talent and role as an innovation hub.
Quote of the day by Andrew Carnegie: Andrew Carnegie emphasised the importance of self-motivation in achieving success. He believed that talent alone does not guarantee meaningful accomplishments. His own journey, from modest beginnings to becoming a successful industrialist, demonstrated his ambition and determination. Carnegie later devoted much of his wealth to philanthropy, leaving behind a timeless message that remains relevant to both personal growth and professional development.
Shipping data indicates most vessels now use the Omani route through the Strait of Hormuz. This route is a UN-authorized channel which Iran opposes. Iran claims control and has attacked ships, yet traffic continues. Tankers are switching off transponders to evade Iranian attacks. Oman and Iran are discussing freedom of navigation without US involvement.
The Supreme Court has sought responses from the Centre and NCPCR regarding a PIL. This petition seeks a national DNA and biometric identification system for missing children. Such a system would facilitate scientific identification and reunification with families. The court also directed the establishment of a centralized system with statutory safeguards. This initiative aims to enhance child protection and prevent trafficking effectively.
Insurers are now offering term insurance plans specifically for students. These new plans provide affordable life coverage for young individuals. Coverage options extend for thirty to forty years, offering long-term financial security. Optional riders for critical illness and accidental death are also available. This initiative aims to secure financial protection for students early in life.
Engineers have created a groundbreaking zigzag wall that cools itself through a unique design. This structure lowers its temperature by directing heat away into the sky while also reflecting thermal energy emanating from hot ground surfaces. By utilizing this passive cooling technology, there's potential to significantly decrease the energy consumption associated with air conditioning. However, more advancements are needed before this innovation can see broad implementation.
Demand from Chinese customers has been particularly strong, but Samsung has been unable to meet all orders because it must serve US customers and reserve part of its capacity to support its own chip production, said the sources, who spoke on the condition of anonymity because they are discussing sensitive commercial matters.
IDFC FIRST Bank raised $500 million through its maiden international bond issuance, marking its entry into global debt markets. The three-year senior notes, due in 2029, carry a 5.625% coupon and attracted major investors including BlackRock, Capital Group and AllianceBernstein. The fundraising diversifies the bank’s funding base and supports its long-term growth ambitions.
Auto components maker Spark Minda will create approximately 6,440 jobs. This expansion involves two new manufacturing units in the YEIDA region. The company is investing Rs 1,166 crore in these new facilities. These plants will produce ignition switch-cum-steering locks and mechatronic components. A joint venture with Toyodenso will also establish a new plant in Noida.
The U.S. tech giant raised the amount by issuing 3-, 5-, 10- and 20-year bonds, the term sheet showed. The company set the coupon at 6.9% for the longest tenure bond tranche, according to the term sheet.
Quote of the day by Lao Tzu: As an influential philosopher, Lao Tzu laid the foundations of Taoism, a belief system that champions living in concert with the natural world. His seminal work, the Tao Te Ching, articulates the essence of embracing life's inherent rhythm. Central to his teachings is Wu wei, or effortless action, which encourages individuals to engage authentically and wisely.