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Sikkim CM highlights local employment protection at SKM meeting

Sikkim CM highlights local employment protection at SKM meeting

Chief Minister Prem Singh Tamang has announced the implementation of a temporary work permit system at the Gram Panchayat Unit (GPU) level to regulate the influx of external workers into Sikkim. The decision, revealed during the 4th SKM legislators' meeting at Samman Bhawan, aims to safeguard local employment opportunities and address concerns over unauthorized workforce entry. The system will enable stricter monitoring of outsider workforce deployment, ensuring fair employment practices while prioritizing the interests of local communities. The meeting, which included SKM legislators, advisors, and officials, also highlighted preparations for the party's 13th Foundation Day celebrations. Members were encouraged to…
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Beginning on February 1, Air India Express will offer flights from Dibrugarh

Beginning on February 1, Air India Express will offer flights from Dibrugarh

Air India Express is scheduled to start operations on February 1, 2025, which will improve connectivity at Dibrugarh Airport. Direct flights from Dibrugarh to Guwahati will be offered by the airline, and the same aircraft would continue on to Delhi. People who live in that area will now have far more effective travel options. The flights function as follows: At 9:10 AM, Flight IX 1186 will depart Delhi, arrive in Guwahati at 11:40 AM, depart Guwahati at 12:15 PM, and arrive in Dibrugarh at 1:05 PM. This route will be reversed by the same flights. At 1:45 PM, Flight IX…
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Godrej Agrovet launches ArgoRid to combat fish lice in aquaculture

Godrej Agrovet launches ArgoRid to combat fish lice in aquaculture

Godrej Agrovet Limited (Godrej Agrovet), in collaboration with the Indian Council of Agricultural Research (ICAR) – Central Institute of Fisheries Education (CIFE), has unveiled ArgoRid, an innovative fish lice controller. Designed to address Argulus infections, which impact 48% of Indian aquaculture ponds and result in annual losses of USD 62.5 million, ArgoRid promises a farmer-friendly, easy-to-use solution that enhances fish health and productivity. Balram Singh Yadav, Managing Director of Godrej Agrovet, emphasized the product's role in empowering fish farmers. “ArgoRid is a reliable, research-driven solution to one of the aquaculture industry’s biggest challenges. This public-private partnership with ICAR-CIFE will strengthen…
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India honors 100 entrepreneurs on 76th Republic Day, highlights skilled workforce and innovation

India honors 100 entrepreneurs on 76th Republic Day, highlights skilled workforce and innovation

On the 76th Republic Day, Jayant Chaudhary, Minister of State for Skill Development and Entrepreneurship, honored 100 distinguished entrepreneurs at Kaushal Bhawan for their contributions to India’s growth and innovation under the Skill India Mission. These entrepreneurs, invited as special guests at the Republic Day parade, represent India’s thriving skill ecosystem. Fresh from the World Economic Forum 2025 in Davos, Shri Chaudhary shared insights into India’s growing global reputation as a hub of skilled talent. “India’s workforce is gaining immense recognition globally, with our emergence as a global skill capital,” he said. Discussions in Davos revolved around sustainability, AI, and…
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BHEL Q3 results | Net profit upgrade 124% on revenue growth

BHEL Q3 results | Net profit upgrade 124% on revenue growth

State-owned Bharat Heavy Electricals Ltd (BHEL) on Tuesday (January 28) reported a 123.5% jump in net profit to ₹134.7 crore for the third quarter ended December 31, 2024, mainly on account of higher revenue. In the year-ago quarter, BHEL had reported a net profit of ₹60.3 crore. The company's revenue from operations grew 32.2% to ₹7,277.1 crore as against ₹5,503.8 crore in the same quarter last year. At the operating level, EBITDA grew 40.6% to ₹304.3 crore in the third quarter as against ₹216.5 crore in the same quarter in FY24. EBITDA margin stood at 4.2% in the reporting quarter…
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Utkarsh Small Finance Bank marks 8th anniversary with nationwide expansion, including first outlet in Sikkim

Utkarsh Small Finance Bank marks 8th anniversary with nationwide expansion, including first outlet in Sikkim

Utkarsh Small Finance Bank Limited is celebrating its 8th anniversary by marking a significant milestone in its expansion journey. The bank, which has steadily grown its presence since its inception in 2017, is now launching 15 new banking outlets across India, including its first-ever outlet in Sikkim, located in Gangtok. This expansion brings Utkarsh Small Finance Bank’s total network to 1043 banking outlets across 27 states and union territories, strengthening its mission to provide financial services to underserved communities. “We are proud to witness our growth into one of the leading small finance banks in the country,” said Mr. Govind…
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Significant number of devotees from Northeast to take part in Maha Kumbh 

Significant number of devotees from Northeast to take part in Maha Kumbh 

For the first time in the history of the Maha Kumbh, a special camp dedicated to the Northeast has been set up, attracting a significant number of devotees from the region. Over 20 saints and ascetics from remote parts of the Northeast will join the akharas to take part in the 'Amrit Snan' on the occasion of 'Mauni Amavasya' on Wednesday.  At the "Pragjyotish Kshetra" camp in Sector 7, Mahant Keshav Das Ji Maharaj, Mahamandaleshwar of the Nirvani Ani Akhara, told reporters, "On Mauni Amavasya, 22 saints from the Northeast will take part in the Amrit Snan with the akharas.…
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HaveUs AeroTech acquires land in Kolkata for major MRO expansion

HaveUs AeroTech acquires land in Kolkata for major MRO expansion

On the occasion of Netaji Subhash Chandra Bose's birth anniversary, HaveUs AeroTech announced the acquisition of a 2-acre land parcel in Barrackpore, Kolkata, to establish a Maintenance, Repair, and Overhaul (MRO) facility. The first phase will include a 10,000-square-foot facility with capabilities in wheel and brake systems, avionics, and lifesaving equipment. Located just 11.5 kilometers from Netaji Subhash Chandra Bose International Airport, the facility aims to serve airlines and MROs efficiently, benefiting from strategic logistics proximity. The remaining land will be utilized later for advanced component repairs, including Radomes, Auxiliary Power Units (APUs), and landing gears. In Kolkata, the initiative…
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Mahindra Truck and Bus brings innovation to Assam with Lakhimpur dealership

Mahindra Truck and Bus brings innovation to Assam with Lakhimpur dealership

Mahindra’s Truck and Bus Division (MTBD) has opened a cutting-edge dealership in Lakhimpur, Assam, following a 46% CAGR volume growth over the past three years. The facility features four service bays, capable of servicing over ten vehicles daily, and offers driver lodging, 24-hour breakdown assistance, and AdBlue—an additive that enhances diesel engine performance by reducing emissions. Dr. Venkat Srinivas, Business Head of MTBD, highlighted the division's No. 3 position in the Indian commercial vehicle market and discussed the launch of new dealerships and vehicle ranges like BLAZO X, FURIO, and CRUZIO. These models boast a "Best-in-Class Mileage Guarantee" and a…
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Citigroup Restructures Private Banking Leadership Following Ida Liu’s Departure

Citigroup Restructures Private Banking Leadership Following Ida Liu’s Departure

Citigroup has overhauled its private banking senior leadership after the departure of global head Ida Liu. Andy Sieg, head of Citi Wealth, announced changes to simplify the structure and elevate key regions. James Holder has been appointed as the head of Citi Private Bank for the UK, Europe, and the Middle East.  Antonio Gonzales and Steven Lo will lead the Latin America and Asia South private banking businesses, respectively, while Cayman Wills has been promoted to interim head of North America. Christian Zeinler has been recruited from UBS as head of strategy for Citi Wealth and business execution. These leaders…
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