FACTORY
In solidarity with their solitary kids
While their children's voluntary solitary confinement is befuddling, one also wonders why parents need to go through the same gig. They could try and 'understand' their state of mind, not the reaction to it.
'We hire more women because they are more disciplined', says Ola founder Bhavish Aggarwal on Foxconn controversy
Ola's founder Bhavish Aggarwal reaffirmed the company's commitment to employing women, including married women, amid reports of Foxconn's discriminatory practices. Ola's FutureFactory in Tamil Nadu employs an all-women workforce, with plans to extend this model to its new Gigafactory. Aggarwal emphasized that women are disciplined and dexterous, and Ola aims to address the low representation of women in the workforce by hiring at all levels, including senior management.
How one of the world's strongest car unions is dealing with EV job losses
Toyota in Japan and Hyundai or Kia in South Korea navigate challenges from technological transformation and electrification.
Record upturn in job creation drives India's manufacturing PMI to 58.3 in June
Activity in India's manufacturing sector rebounded last month with an increase in output driven by robust demand, leading to the fastest rate of hiring in over 19 years despite ongoing inflationary pressures, according to a survey.
Asia's factory activity expands in June on solid global demand
The surveys show how Chinese firms are ramping up production despite weak domestic demand, which Beijing has failed to reverse with a rescue package for an ailing property sector.
China's June factory activity contracts again, services slows
China's economic indicators for June painted a challenging picture, with manufacturing activity stagnating and services slipping to a five-month low, according to an official survey released on Sunday. The Purchasing Managers' Index (PMI) remained unchanged at 49.5, below the growth threshold of 50, indicating ongoing economic struggles despite some positive signals in industrial production. Analysts noted that while exports have been a strong driver, both domestic and external demand remain insufficient to fully utilize China's manufacturing capacity, prompting calls for additional policy support to stimulate growth.
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Don't be nuts!
A man walks into a bar. It's empty, except for the bartender. He sits down and orders a drink. He hears someone whisper, 'Psst... I like your tie.' The man looks around but doesn't see anyone. 'Psst... that colour looks nice on you.' He asks the bartender, 'Excuse me, but are you speaking to me?' The bartender rolls his eyes and says, 'No, sorry about that. It's the peanuts. They're complimentary.'
Delhi: Fire breaks out at factory in Okhla Phase 2
A massive fire broke out in a factory in the Okhla Phase 2 area of the national capital early Friday. Fire department officials and fire tenders arrived promptly after receiving the information.
IIT Delhi alumnus sparks debate with "grinding hard to get into IIT pointless, not worth it" statement
An alumni of the Indian Institute of Technology Delhi (IIT Delhi) recently stirred up a heated debate on X by questioning the value of striving hard to get into IITs. His remarks, sparked by watching the third season of Kota Factory on Netflix, have ignited widespread discussion about the significance of academic rigor and its impact on students' lives beyond graduation.
South Korea begins search for answers after battery plant fire kills 22
Following a devastating fire at a lithium battery factory in South Korea that claimed the lives of 22 workers with one still missing, urgent safety inspections have been ordered at high-risk industrial sites. The blaze, which erupted in a warehouse containing 35,000 lithium batteries, resulted in toxic smoke, likely causing the workers to lose consciousness and perish within seconds. The majority of the victims were temporary workers from China, prompting investigations into safety regulations and training practices for foreign laborers.
All permanent workers of Britannia's Taratala factory accept VRS
All permanent workers at Britannia's Taratala factory in Kolkata have accepted the voluntary retirement scheme (VRS), ensuring no impact on business operations. The company had informed the bourses about this development recently. The Taratala plant is one of Britannia's oldest biscuit manufacturing plants in the country.
Fire at a lithium battery factory in South Korea kills 22
A fire at a manufacturing factory in South Korea, likely caused by exploding lithium batteries, resulted in the death of 22 workers, mostly Chinese migrants, and injured 8 others. The incident occurred during battery examination and packaging, with nationalities of the victims including Chinese, South Korean, and Laotian. Authorities are investigating the blaze, while efforts continue to locate a missing worker and treat the injured.
Two killed in Gurugram fireball manufacturing factory explosion
Two people were killed in an explosion at a fireball manufacturing factory in Gurugram's Daulatabad Industrial Area. The incident occurred late at night on Friday, prompting the deployment of 24 fire tenders that managed to bring the fire under control. At least three to four individuals were injured and taken to the hospital. Nearby buildings suffered damage.
‘Kota Factory’ season 3 review: Netizens can’t get enough of Jitendra Kumar aka Jeetu Bhaiya’s performance
Created by Raghav Subbu and conceptualized by Saurabh Khanna, "Kota Factory" is a witty yet stark observational comedy that explores how an entire generation compromised their well-being to chase the dream of clearing entrance exams. Set in Kota, Rajasthan, the show follows the life of Vaibhav (portrayed by Mayur More), a 16-year-old determined to secure admission to the prestigious IIT, as he prepares for the Joint Entrance Exam (JEE) at a coaching center.
India to impound liquor firm Som's distillery over child labour
Police launched an investigation into Som after the National Commission for Protection of Child Rights (NCPCR) last week found 39 boys and 20 girls working at the factory. The agency also released photos of children's hands it said showed burns due to contact with chemicals. "We have sent the police force to ensure there are no issues during the sealing process," Vikas Kumar Shahwal, a senior Madhya Pradesh police official, told Reuters.
Copper slides as China factory output data disappoints
Copper prices fell on Monday due to weaker-than-expected industrial output in China and a stronger U.S. dollar. Three-month copper on the London Metal Exchange dropped 1.1% to $9,637 per metric ton, while the most-traded July copper contract on the Shanghai Futures Exchange slid 2% to 78,110 yuan.
Fire breaks out at cardboard factory in Delhi's Mundka industrial area
A major fire erupted at a cardboard factory in Delhi's Mundka industrial area on Sunday morning. No casualties reported as per officials. The Delhi Fire Services Department received a call at 7:17 am and dispatched around 35 fire tenders to the scene, where the cause of the fire remains unknown.
TVF to venture into films, plans to make sci-fi & horror shows, says originals head Shreyansh Pandey
TVF, which began as a YouTube channel, has become one of the most successful companies in the Indian streaming space, churning out relatable stories from different corners of India whether it is "Panchayat", a drama set in the rural space, or "Gullak", which revolves around a middle class family in small town India. The company's first show as "Permanent Roommates" in 2014.
Delhi: 3 workers dead, 6 injured in fire in Narela food processing unit
Three workers died and six others were injured in a fire and blast at a food processing unit in Narela Industrial Area. The factory, Shayam Kripa Foods Private Ltd, processes dry moong dal. Victims were taken to SHRC Hospital.
'Made in India' bullet trains with top speed of 250 kmph in making
The Indian Railways has assigned the Integral Coach Factory (ICF) to manufacture two standard-gauge bullet trains this fiscal year, aiming to address delays in negotiations with Japanese suppliers over costs. These bullet trains, capable of speeds up to 250 kmph, will operate on the Mumbai-Ahmedabad High-Speed Rail corridor. Built on the Vande Bharat platform, the trains face tight delivery timelines. The project has been delayed due to land acquisition issues, and experts believe achieving the target speed within this fiscal year is challenging.
Tata Steel says in talks with Dutch govt on proposed decarbonisation roadmap
Tata Steel is negotiating with the Dutch government on a decarbonisation roadmap for its IJmuiden factory, following reports of potential €3 billion support for the plant's green transformation. The Dutch Parliament mandated these negotiations in March, aiming for CO2-neutral steel production by 2050. Final terms require approval from both the Dutch Parliament and Tata Steel's Board.
Dutch may pay as much as €3 billion to clean up Tata Steel plant
The Netherlands is considering contributing up to €3 billion for the eco-friendly renovation of Tata Steel Ltd.'s IJmuiden factory, addressing severe health and environmental issues. The Dutch parliament approved subsidies for the renovation. Tata Steel, a major employer, has faced criticism for emissions linked to health problems. Discussions with Tata Steel are ongoing, with the subsidy amount yet to be confirmed.
China's manufacturing surges, Caixin PMI shows, but global risks grow
To counter soft domestic demand and a years-long property crisis, China has boosted infrastructure investment and ploughed funds into high-tech manufacturing to bolster the broader economy this year.
China's factory activity unexpectedly contracts in May
China's manufacturing activity fell in May, with the official factory survey showing a decline. Calls for fresh stimulus persist due to the ongoing property crisis impacting businesses, consumers, and investors.
Dombivli factory blast: Owner remanded in police custody till May 29
A court in Maharashtra's Thane district has remanded Malay Mehta, the 38-year-old owner of Amudan Chemicals, in police custody until May 29 following an explosion at his factory in Dombivli that killed nine people and injured over 60. Mehta was produced before the magistrate court in Kalyan, where police sought his custody to investigate further, including determining if others were involved.
One killed, six injured in blast at explosives factory in Chhattisgarh's Bemetara district
One person was killed and at least six were injured in a blast at an explosives manufacturing factory in Chhattisgarh's Bemetara district on Saturday, officials said. The explosion occurred in the unit located near Pirda village in Berla development block, a district administration official said.
Everything was over in just five seconds: Dombivli factory worker recounts horror
It was 'pralay' for five seconds and everything was over. That's how Avdesh Kumar summed up the Thane factory blast that snuffed out nine lives. Kumar was a worker at the chemical factory where a blast on Thursday also injured over 60.
'Kota Factory' season 3 release update: Check plot, cast and what to expect
The highly anticipated Indian web series 'Kota Factory' is set to return for its third season on Netflix this June. The show, which follows the lives of students preparing for IIT-JEE & NEET exams in Kota, has been acclaimed for its realistic portrayal of academic pressures and personal struggles. The original cast, including Jitendra Kumar and Mayur More, will reprise their roles, with new challenges and characters introduced.
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