VAIDYA
Healthtech startup Cloudphysician appoints Oyo's Mandar Vaidya as India CEO
Cloudphysician's new India CEO, Vaidya, drives tech-enabled healthcare with industry expertise, strategic partnerships, and global expansion.
Centre gives third extension to AYUSH Secretary Vaidya Rajesh Kotecha
The Centre extends AYUSH Secretary Vaidya Rajesh Kotecha's tenure by one year, making it his third extension. The Appointments Committee of the Cabinet approves the extension. PM Modi to lead International Day of Yoga celebrations at SKICC in Srinagar on June 21.
Govt headhunter finds no one suitable for HPCL top job
The Public Enterprises Selection Board (PESB) has rejected all candidates it interviewed for the top job at Hindustan Petroleum Corp Ltd (HPCL), marking the third time in three years that the board has rejected all applicants for CEO roles at state oil firms. The board advised the ministry of petroleum and natural gas to choose an appropriate course of selection, including the search-cum-selection committee (SCSC) or as deemed appropriate with the approval of the competent authority.
Government seeks candidates for new chief at Indian Oil
The petroleum ministry recommended a tenure extension for SM Vaidya, but the prime minister's office rejected it. Speculation arises about Vaidya's future as his term nears an end.
Ankiti Bose secures court order against defamation in ongoing Zilingo dispute
The court has prohibited the defendants from disseminating any defamatory or inaccurate information about Bose on any platform until the next hearing.
Zilingo's Ankiti Bose files FIR against cofounder Dhruv Kapoor
According to the FIR, in March 2021, the company’s cofounder Dhruv Kapoor and its former chief operating officer Aadi Vaidya allegedly threatened Bose and sought sexual favours.
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HC grants EIH time to reply in Wildflower Hall dispute
The Himachal Pradesh High Court granted EIH Ltd, the flagship company of the Oberoi Group, time to file its rejoinder to the reply filed by the state government in a dispute over the historic Wildflower Hall luxury hotel in Shimla.
Wildflower Resort Case: Himachal gets time to reply to EIH's plea
In 1995, The Oberoi Group converted the property spread over 77,000 square meters into a five-star hotel after signing an agreement with the Himachal Pradesh state government through a joint venture called Mashobra Resort (MRL). Under the arrangement, the state government got shares that translated into a stake in the venture. As per its annual 2022-2023 report, EIH holds 78.79% shares in MRL, and the ownership interest held by non-controlling interests is listed as 21.21%.
Ayurveda Day will be celebrated in about 100 countries this year: Ayush Ministry
The Ayush secretary said, "We have to focus on the three main points of Ayurveda Day - 'ayurveda for students', 'ayurveda for farmers' and 'ayurveda for public health' - with the message of 'ayurveda for everyone every day'. The objective of Ayurveda Day is to promote and disseminate ayurveda at the international level and establish it in the global scenario for the welfare of mankind, animals, plants and environment."
Govt establishes panel to select IOC chief
The Indian government has established a panel to select a new chairman for Indian Oil Corp, following the retirement of S M Vaidya in August. The committee, which includes Public Enterprise Selection Board chairperson Mallika Srinivasan and former HPCL chairman M K Surana, will consider even retired executives for the role. The move is seen as an attempt to keep Vaidya in play, as the government previously gave him a one-year re-employment contract after he retired. Indian Oil is a key player in the country's fuel market and its chairman is a significant position in an election year.
Singer Rahul Vaidya & actress Disha Parmar welcome first child, a baby girl
Vaidya, 35, and Parmar, 28, announced the pregnancy in May. They tied the knot in 2021.
Ankit Gupta, Mandar Vaidya move on from Oyo
"We are proud of their achievements at Oyo and are thankful for their leadership. Both roles were already transitioned six months ago to Varun Jain, COO India, and, Gautam Swaroop, CEO, Oyo Vacation Homes, respectively," an Oyo spokesperson said
IOC lines up ₹2.4 lakh crore to achieve net-zero emissions target
IOC, which is the nation's largest refiner as well as fossil fuel retailer, also plans to invest about ₹1 lakh crore to expand its refining capacity by a third to 107 million metric tonnes per annum.
Indian Oil chairman Shrikant Madhav Vaidya gets extension
The government has granted Indian Oil chairman Shrikant Madhav Vaidya a rare tenure extension beyond his retirement that’s due at the end of this month. ET was the first to report in June that the petroleum ministry had recommended a 2-year tenure extension for Vaidya.
IOC chairman SM Vaidya likely to get rare tenure extension
It's rare for a state-run enterprise chief to get an extension beyond the retirement age. In December 2022, the government appointed Arun Singh the chairman of ONGC. Singh had retired as BPCL chief just a few months earlier.
Indian Oil Corp to set up aviation fuel plant with LanzaJet in Haryana
The company is looking at an investment of about 23 billion rupees ($280.1 million), S.M. Vaidya said on the sidelines of an industry event in New Delhi. The refiner is also running a pilot project for green fuel in association with Praj Industries in the western state of Maharashtra, Vaidya added.
Bodies of two missing Indian students recovered from US lake
Two Indiana University students of Indian origin, Aryan Vaidya and Siddhant Shah, were found dead after a frantic search when they didn't resurface while swimming in Monroe Lake derailing their boat. According to Indiana's Department of Natural Resources, the bodies were recovered by search crews three days after the incident in 18 feet of water in lake.
Theatre veteran Jalabala Vaidya passes away at 86 after a battle with respiratory ailments
The co-founder of the iconic Akshara Theatre in Delhi died on Sunday.
Legendary theatre actor, Akshara Theatre co-founder Jalabala Vaidya dies at 86
Jalabala Vaidya has passed away at the age of 86 in Delhi.
Verlinvest’s V3 Ventures opens India operations with €100 million corpus
V3 Ventures’ backer Verlinvest has already invested in Indian companies such as Byju’s, Purplle.com, Sula Vineyards.
IOC market share climbs to 43%, posts 'stellar' performance in FY23
chairman S M Vaidya said the company's refineries clocked the highest-ever throughput of over 72.4 million tonnes in 2022-23, compared with 67.67 million tonnes in the previous fiscal year.
India fixed communication market revenue to hit $13.9 bn in 2027: Report
India’s fixed communication services revenue is expected to touch USD 13.9 billion in 2027 growing at a compound annual growth rate (CAGR) of 6.4% from USD 10.2 billion in 2022 driven by the strong growth in the fixed broadband segment, data and analytics firm GlobalData said Wednesday.
NTPC, IOCL ink pact to set up renewable energy projects
"The signing of this joint venture agreement between the two behemoths will enable NTPC Limited and IOCL to meet the government's clean energy targets in their respective core businesses," NTPC said in a statement on Monday.
Indian Oil Corp floats new unit for clean energy business
"The proposed WoS will focus and pursue Indian Oil's low carbon and green energy business to meet the operational requirements of the net zero target and beyond," it added.
IOC to set up green hydrogen plants at all refineries; lines up Rs 2 lakh cr for net zero by 2046
Hydrogen -- the cleanest known fuel that discharges only oxygen and water when burnt -- is being touted as the fuel of the future, but its relatively higher cost then alternate fuel currently limit its usage in industries. Refineries, which turn crude oil into fuel such as petrol and diesel, use hydrogen to lower the sulfur content of diesel fuel.
Daimler Truck’s R&D centre to add up to 750 jobs in Bengaluru
DTICI is the truck maker’s largest such facility outside Germany and currently employs around 2,200 engineers.
Age is no deterrent: Centenarians cast vote with enthusiasm in MCD poll
Accompanied by her daughter, 106-year-old Shanti Bala Vaidya reached a polling station in Bara Hindu Rao area in north Delhi to cast her vote in the Municipal Corporation of Delhi (MCD) poll on Sunday morning.
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