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10 Apr

EPFO Leverages Enhanced Digital Services for UAN Generation and Activation Using Aadhaar Face Authentication via UMANG App

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#EPFOUANviaUMANG New Delhi: The Employees’ Provident Fund Organisation (EPFO), under the Ministry of Labour and Employment has launched a revolutionary step towards digital empowerment by introducing Universal Account Number (UAN) generation and activation using Aadhaar Face Authentication Technology (FAT) through the UMANG Mobile App. This contactless and secure service marks a major leap in providing hassle-free and fully digital experiences to crores of EPFO members. Simplifying the UAN Process for Employees Until now, UANs were largely generated by employers using employee data submitted to EPFO. While Aadhaar details were validated, inaccuracies in fields such as father’s name, mobile number, or…

10 Apr

Citing record dividend payouts, Mutual funds to back PSUs: GoI

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#MutualfundsPSUGoI New Delhi: The Centre on Wednesday urged mutual fund managers to increase their exposure to state-owned enterprises, citing their strong dividend performance and role in equitable wealth distribution. "We suggest fund managers include public sector stocks in their portfolios so that common investors, senior citizens and minority shareholders can deploy their savings productively," said Arunish Chawla, secretary, department of investment and public asset management (DIPAM), at a media briefing. "While the market cap of public sector undertakings is only 10% of the overall market capitalization, they have distributed about 25% of total dividends," he added. He said the state-run…

10 Apr

Mahindra Aerostructures selected by Airbus for manufacturing H130 Helicopter Fuselage

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#MahindraAerostructuresAirbusH130 A 'Make in India' Milestone Assemblies to be delivered to Airbus Helicopters' facility in Europe starting March 2027 Chandigarh: Mahindra Aerostructures Pvt. Ltd. (MASPL), a part of the Mahindra Group, has been awarded a prestigious contract by Airbus Helicopters to manufacture and assemble the main fuselage of its H130 light single-engine helicopter — marking a major milestone for India's ‘Make in India’ vision and further cementing Mahindra’s position as a trusted partner in the global aerospace supply chain. The contract was signed in the presence of Shri. Kinjarapu Rammohan Naidu, Honourable Minister of Civil Aviation, Government of India, Shri.…

10 Apr

Tata Steel Nederland announces major transformation programme to enhance competitiveness for a sustainable future

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#Tata SteelNederland Chandigarh: Tata Steel Nederland has today filed a Request for Advice to the Central Works Council to commence consultation on certain aspects of this transformation programme. 1. Tata Steel’s steel making operations at IJmuiden in the Netherlands constitute one of the most strategically located steel plants in Europe with its own deep-sea port and proximity to key customers. The access to offshore wind energy, transmission and pipeline infrastructure will enable the transition to competitive green steel making for which intense engagement is ongoing with all stakeholders including the Dutch Government. 2. In FY2025, the Netherlands operations have recovered…

10 Apr

Mahindra Delivers 3000 All-Electric Origin SUVs Across India

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#Mahindra3000SUV Chandigarh: Mahindra today announced a major milestone in its electric mobility journey, with over 3000 customer deliveries of its all-electric Origin SUVs—the XEV 9e and BE 6—completed since the commencement of deliveries on March 20, 2025. The response to Mahindra’s new electric SUV portfolio has been overwhelming. Both the XEV 9e and BE 6 continue to witness strong booking momentum, with majority of the customers opting for the fully loaded Pack Three variant. Current booking trends indicate 59% demand for the XEV 9e and 41% for the BE 6. The waiting period currently extends up to six months in…

10 Apr

U-Turn: Trump Offers 90-Day Tariff Relief to Allies, On China it goes Up to 125%

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#TrumpTariffReliefNotoChina Washington DC: In a dramatic shift in U.S. trade policy, President Donald Trump declared a 90-day pause on certain tariffs while simultaneously ramping up tariffs on Chinese imports to an unprecedented 125%, effective immediately. The announcement, made Wednesday via Trump’s Truth Social platform, marks another escalation in the former president’s long-standing trade battle with China. While details remain unclear on how the tariff pause will be administered, Trump stated, “I have authorized a 90-day PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10%, also effective immediately.” The ambiguous statement triggered sharp movements in global financial markets,…

09 Apr

Mumbai ends Delhi’s run as most forgetful city, wedding saree, gold biscuit left behind in Ubers

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Wedding saree, gold biscuit among unique items left behind in Ubers in 2024 ● Pune 3rd most forgetful city, Hyderabad least forgetful among metropolitan cities Chandigarh: Uber today released the 9th edition of its Lost and Found Index, a snapshot of the most frequently forgotten items, the most forgetful cities, as well as the days of the week and times of the year when Uber riders tend to be most forgetful. Mumbai edged out Delhi to bag the title of the most forgetful city in the country, ending the National Capital’s two-year run at the top. Pune jumped up two…

09 Apr

IHCL EXPANDS PRESENCE IN UTTARAKHAND WITH THE SIGNING OF A GATEWAY HOTEL IN MUSSOORIE

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#IHCLUTTARAKHANDMUSSOORIE Chandigarh: Indian Hotels Company (IHCL), India’s largest hospitality company, today announced the signing of a Gateway hotel in Mussoorie, Uttarakhand. This will be a conversion project. Ms. Suma Venkatesh, Executive Vice President – Real Estate & Development, IHCL, said, “Mussoorie is one of India’s most sought-after hill stations and its easy accessibility from key cities makes it an ideal getaway destination. With this signing we strengthen our presence in Uttarakhand, offering an itinerary of Haridwar, Dehradun and Mussoorie. We are delighted to partner with Mr. I.M. Garg, Mr. Gagan Garg and Mr. Gaurav Garg for this project.” Strategically located…

09 Apr

The RBI rate cut coupled with the revision in stance to accommodative was a swift: CS Setty, SBI

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Chandigarh: C S Setty, State Bank of India Chairman, said on the RBI Monetary Policy - April 09, 2025“The RBI rate cut coupled with the revision in stance to accommodative was a swift, timely move and a forward guidance to the market to stay supportive against evolving global uncertainties. The revision of stance to accommodation will cushion the secondary impact of tariffs on domestic economy. With inflation under check, growth imperatives will take precedence in FY26." He Said that "On the regulation side market-based securitization framework for stressed assets, review of policy on gold lending and non-fund-based facility are timely.…

09 Apr

THIS AKSHAYA TRITIYA, MIA BY TANISHQ PRESENTS ‘FIORA’ INSPIRED BY NATURE’S BLOOMS

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#AKSHAYATRITIYAMIATANISHQFIORA ~Inspired by your bloom, crafted for new beginnings~ Chandigarh: With the arrival of Akshaya Tritiya and Baisakhi, Mia, from the house of Tanishq, introduces its latest collection, Fiora, celebrating the spirit of renewal and prosperity. Fiora – Inspired by Your Bloom is a tribute to the journey of every woman, capturing the essence of self-expression, fresh beginnings, and the vibrant energy of spring. Just as nature awakens with fresh blossoms, these festivals mark the promise of new opportunities—Baisakhi heralding the harvest season and a time of gratitude and abundance, while Akshaya Tritiya signifies endless fortune and success. Like the…