OPERATIONAL CHALLENGES
India's Rudram-1 Missile: How does it stack up against global competitors?
Rudram 1 Missile: India has successfully tested its first indigenous anti-radiation missile, the Rudram-1, developed by DRDO for the Indian Air Force. Integrated with Sukhoi-30MKI jets, it targets radiation sources with INS-GPS navigation and a Passive Homing Head, crucial for Suppression of Enemy Air Defence (SEAD). Compared globally, Rudram-1 enhances India's SEAD capabilities against adversaries like the US (AGM-88 HARM), Russia (Kh-58), UK (ALARM), China (FT-2000), Iran (Hormoz-2), and Brazil (MAR-1). This milestone strengthens India's defense against regional threats, showcasing its technological prowess and commitment to indigenous defense innovation.
Chinese troops are going to stay at the disputed site along India border for longer period: US Report
China-India Border Tensions: Amid global focus on Ukraine, Gaza, and the South China Sea, tensions on the China-India border remain significant. Reports from the US Army War College and the US Annual Threat Assessment highlight the People's Liberation Army's (PLA) strategic positioning and infrastructure development along the Line of Actual Control (LAC) in Aksai Chin. These developments indicate a prolonged readiness for potential conflict, underscoring the importance of ongoing diplomatic efforts.
Poised along the Indian border, Chinese troops are there for the long haul
The Strategic Studies Institute of the US Army War College published an in-depth report examining PLA activity along the mountainous border in Aksai Chin opposite India in 2020-21. It considered how the PLA rapidly moved troops into the region as violence flared between Chinese and Indian troops in Galwan Valley on 15-16 June 2020. However, Blasko, a former US defence attache in Beijing and Hong Kong, also provided a useful assessment of current and future conditions along the Line of Actual Control (LAC).
From spirits to simplification: Diageo India to slim down Mallya-era overseas subsidiaries for a better high
Diageo first bought a stake in USL in 2012, taking its holding to a majority by the following year. Mallya stepped down from USL in 2016 and left India that year amid loan repayment troubles at Kingfisher Airlines. At the time, USL had nearly two dozen subsidiaries, joint ventures and associate companies, half of them in the UK, where Mallya has currently exiled himself.
Indian Army ready to face all challenges: Gen Upendra Dwivedi
Newly-appointed Army Chief Gen Upendra Dwivedi assured that the Indian Army is ready to face all current and future security challenges. He emphasized the importance of synergy among the Army, Navy, and Air Force, aiming to protect national interests and boost self-reliance through indigenously-built military hardware. Gen Dwivedi, who assumed charge of the 1.3 million-strong force after serving as Vice Chief and commanding Northern Command, stressed operational preparedness amid ongoing border tensions with China in eastern Ladakh. An alumnus of Sainik School, Rewa, he has extensive experience across various operational environments.
LPG Price Cut: Commercial LPG cylinder prices slashed yet again, this time by Rs 30
LPG Price Cut: Oil marketing companies have reduced the price of 19 kg commercial LPG cylinders yet again/ This follows recent cuts, including a Rs 69.50 reduction on June 1. These reductions provide essential relief to businesses, especially in the food and hospitality sectors, amid economic challenges.
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Coca-Cola uncaps board control of bottling operations
The Coca-Cola Company's move directly impacts India as Coca-Cola India's wholly-owned bottling company, Hindustan Coca-Cola Beverages (HCCB), was controlled by BIG.
Five Indian soldiers killed in flash flood near LAC, bodies recovered
Five Indian Army personnel, including a JCO and four jawans, lost their lives during a river crossing exercise in Ladakh. Their T-72 tank was swept away by flash floods near Mandir Morh. All bodies have been recovered. This incident highlights the severe risks soldiers face during training near the Line of Actual Control.
Transforming multi unit retail operations with No Code
The retail industry in India is subject to the vagaries of the economy and operates in a competitive market. It needs a relentless focus on operational efficiency to gain any edge.
Tariff hikes signal better profitability for telecom industry going forward: ICRA
Bharti Airtel and Reliance Jio announced significant tariff hikes, impacting consumers. The industry is set to experience improved financial metrics and operating profits, allowing for deleveraging and funding capex. ICRA forecasts strong industry revenue growth and debt level moderation, with expectations of enhanced Return on Capital Employed for FY2025.
NRIs want Budget 2024 to ease 6 tax troubles: TDS on property sale, disparity in LTCG, dividend taxation and others
Under Indian tax laws, NRIs are taxable on their Indian-sourced income, such as capital gains, dividends, and interest. They are generally taxed similarly to residents but may face less beneficial rules in specific scenarios. The upcoming Budget 2024 may offer relief to NRIs in these areas.
MSME Day 2024: Participation of women in MSMEs increases but challenges remain
MSME Day 2024: While the role of women has increased significantly in India’s MSME set-up, certain challenges remain which need to be soon addressed. Notably, the women-led MSMEs play a critical role in this set up. They contribute significantly to employment and investment.
What is Azm-e-Istehkam, Pakistan's new military operation tasked to take on TTP and other militant groups
Pakistan’s leadership approved a new military operation, Azm-e-Istehkam (Resolve for Stability), to combat rising violence and terrorism. Following Prime Minister Shehbaz Sharif’s review of counterterrorism efforts, the operation targets domestic security threats and cross-border fighters from Afghanistan. The initiative includes socioeconomic measures to reduce extremism and aims to strengthen legal support for prosecuting terrorists. The plan addresses increased violence, potential cross-border tensions, and Chinese concerns about infrastructure security.
Boeing Starliner faces technical issues: How will astronauts Barry Wilmore and Sunita Williams return to Earth?
Boeing's Starliner spacecraft, facing technical challenges, prepares to bring astronauts Wilmore and Williams back from the ISS. Delays have plagued the return, with no set date yet. Issues with the propulsion system, including overheating thrusters and helium leaks, are under scrutiny. Despite the setbacks, NASA and Boeing are actively working on solutions, including software updates. Crew Dragon stands by as a backup, underscoring the complexities of space missions.
Byju’s challenges NCLT order restricting fund use in Karnataka High Court
Byju’s faces protests from investors over $200 million rights issue conducted at 99% discount. Lenders within consortium loaned $1.2 billion to Byju’s file bankruptcy petition in US court.
India's EU-like antitrust law worrying technology firms
India's proposed antitrust law, influenced by a panel report, targets tech giants with global turnovers exceeding $30 billion. The law aims to prevent market concentration, similar to the EU's Digital Markets Act.
The other war: How Israel scours Gaza for clues about the hostages
All the while, at a "fusion cell" quietly formed in Israel last fall, U.S. and Israeli intelligence and military analysts share imagery from drones and satellites, along with communications intercepts and any other information that comes their way that might offer a hint to the hostages' locations.
Japan's birth rate hits record low, Tokyo introduces government dating app to boost marriage rates
Japan faces a demographic challenge with plunging birth and fertility rates, prompting governmental initiatives like a state-backed dating app to reverse the trend, as reported by CNN.
Chris Wood of Jefferies cuts stake in 3 PSU stocks as PM Modi faces coalition challenge
Chris Wood predicts investors may tilt towards consumption plays over investment plays, anticipating focus on populist measures and revival of rural economy. The obvious possibility here is measures to revive the rural economy, he said.
India and Oman strengthen maritime defence relations through Staff Talks
The 6th edition of Staff Talks between the Indian Navy and the Royal Navy of Oman took place from June 4 to 5 in New Delhi, as announced by the Ministry of Defence. The discussions aimed to enhance the defense relations between India and Oman in the maritime domain. The talks were led by Cmde Jasim Mohammed Ali Al Balushi from RNO and Cmde Manmeet Singh Khurana from India. Topics included maritime security challenges, interoperability, operational collaboration, and training. Oman is a key partner for India in the Gulf region, and these talks help strengthen naval cooperation between the two countries.
Lesson for entrepreneurs: What are the common mistakes startup founders make and how to avoid them?
India has the third largest startup ecosystem in the world, with 1.17 lakh entities (DPIIT), nearly 1,710 venture capital funds, 794 accelerators and incubators (Tracxn), and several government initiatives like Startup India. Despite this fervour and support, financial and otherwise, the startup journey is extremely difficult.ET Wealth lists the typical mistakes most founders make and tell you how to tackle these
Talent-hunting tech rivals circle around vexed LTIMindtree
LTIMindtree was born out of the merger between L&T Infotech and Mindtree in November 2022. Analysts have attributed this to integration pains. CEO Debashis Chatterjee has said it’s business as usual.
Kejriwal challenges Modi to arrest AAP leaders, says party will only get bigger
"BJP has started 'Operation Jhaadu' so that we don't grow big and become a challenge to them. Through 'Operation Jhaadu', AAP's big leaders will be arrested, they are being arrested and in the coming days, AAP's bank accounts will be frozen," the Delhi Chief Minister said at the meeting.
Arunachal Pradesh: Army conducts forward area tour for defence experts
The Indian Army has conducted a week-long forward area tour in Arunachal Pradesh for defence experts to provide them a first-hand experience of operational challenges faced by troops and to encourage them to formulate technological solutions to the problems, a communique said here on Sunday. The tour was conducted from May 12 to 19 for a seven-member team of experts from defence industries, startups and academia.
Roadblocks for q-commerce; Mizuho InCred deal
Happy Friday! As quick commerce platforms diversify, they are likely to face operational challenges. More on this in today’s ETtech Morning Dispatch.
Cabin crew woes: Air India Express to curtail flights over the next few days
Amid ongoing challenges with cabin crew availability, CEO Aloke Singh has announced that Air India Express will reduce its flight operations in the coming days.
Telecom data centres prepare to take the heat of summer months
The persistent heatwave conditions pose increased cooling challenges for telecom data centers, critical components of broadband communications infrastructure responsible for call/data routing and safeguarding essential customer data. Executives from Bharti Airtel's Nxtra Data and Reliance Jio emphasize leveraging renewable energy integration, energy-efficient enhancements, and advanced cooling technologies to manage costs and ensure uninterrupted data center operations.
Navy should remain operationally ready to deter adversaries: Navy chief Admiral Tripathi
Admiral Dinesh Kumar Tripathi, the newly appointed Chief of the Naval Staff, emphasized the need for the Indian Navy to maintain operational readiness to deter adversaries at sea. He highlighted the challenges in strategic waterways like the Red Sea and Gulf of Aden, particularly with Houthi militants targeting merchant ships. Admiral Tripathi also pledged to enhance self-reliance and focus on human resource issues within the Navy, aiming to contribute to a developed India. His career spans nearly 39 years, marked by distinguished service and various leadership roles.
How security forces pulled off a hugely challenging mission to gun down 29 Maoists after a 20-hour march
It was a well-planned and executed mission that brought the synergy of the forces together, which helped them pull off one of the most successful anti-Maoist missions in Bastar region. Actually, authorities have confirmed now that security forces killed the highest number of Maoisits in this mission.
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