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Balmer Lawrie Revised Audit Report Flags Suspected Fraud, Internal Control Weaknesses, and Subsidiary Risks

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Kolkata : Balmer Lawrie & Company Limited, a Government of India enterprise, has released a revised Statutory Auditor’s Report for the financial year 2025-26, highlighting several significant concerns that could influence investor sentiment. The revised report, issued by B. Chhawchharia & Co., replaces the earlier audit report dated May 17, 2026, after incorporating observations made … Read more

Government Doubles Cochin Shipyard OFS to 5.04% Stake Following Strong Investor Demand

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New Delhi : In a significant step under its ongoing disinvestment program, the Government of India has expanded its Offer for Sale (OFS) in Cochin Shipyard Limited (CSL) by exercising the oversubscription option, doubling the issue size from 2.52% to 5.04% of the company’s paid-up equity share capital. According to an official stock exchange filing … Read more

Medicinal Plants Disappearing from Forests as Middlemen Threaten Herbal Resources, Traditional Healers Raise Concerns at Kanker Conference

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KANKER, Chhattisgarh: The growing scarcity of medicinal plants in forests and the unchecked activities of middlemen have emerged as major concerns for traditional healers in Chhattisgarh. These issues were extensively discussed during a District-Level Vaidya (Traditional Healers) Conference organized at the Timber Depot Auction Hall in Singarbhat, Kanker, under the guidance of the Chhattisgarh Tribal … Read more

Gujarat High Court Upholds Death Sentences for 38 Convicts in 2008 Ahmedabad Serial Blasts Case

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Ahmedabad, India — In a landmark judgment, the Gujarat High Court has upheld the death penalty for 38 convicts and life imprisonment for 11 others in connection with the 2008 Ahmedabad serial bomb blasts, affirming the verdict delivered by a special trial court in February 2022. The High Court was hearing appeals filed by the … Read more

India’s Amarya Bajaj Wins Dutch Junior Open U-13 Squash Title, Continues Remarkable Rise on International Stage

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Amsterdam |: India’s young squash sensation Amarya Bajaj delivered another outstanding international performance by winning the Dutch Junior Open 2026 Boys’ Under-13 title, defeating England’s Daniel Stevenson 3-1 in the championship match. The victory marks another major milestone for one of India’s brightest emerging squash talents. The triumph comes just weeks after Bajaj secured a … Read more

EPFO to Credit 8.25% Interest Soon for Nearly 80 Million Members; PF Balance Checks to Become Faster After System Upgrade

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Hyderabad |: In a major relief for nearly 80 million Employees’ Provident Fund (EPF) subscribers across India, the Employees’ Provident Fund Organisation (EPFO) has begun the process of crediting 8.25% annual interest on Provident Fund deposits for Financial Year 2025–26 after receiving final approval from the Government of India. The EPFO has instructed all of … Read more

Xbox Announces Major Restructuring; 3,200 Jobs to Be Eliminated by FY2027 as Microsoft Expands Cost-Cutting Efforts

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Hyderabad : Microsoft’s Xbox division has unveiled one of the most significant restructuring initiatives in its history, announcing plans to eliminate 3,200 jobs by the end of Fiscal Year 2027. As part of the first phase, approximately 1,600 employees will be laid off immediately, with another 1,600 positions expected to be cut later as the … Read more

Vector Technics Becomes India’s Largest Integrated Drone Propulsion Manufacturer

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Hyderabad, India |: Vector Technics, a subsidiary of Zen Technologies Ltd., has achieved a major milestone by expanding its annual manufacturing capacity to 300,000 drone propulsion units, making it India’s largest fully integrated drone propulsion manufacturer. The expansion marks a significant step toward strengthening India’s indigenous drone manufacturing ecosystem and reducing dependence on imported components … Read more

LTM Limited Launches BlueVerse™ RightLogic to Strengthen Enterprise Cybersecurity in the AI Era

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Mumbai : LTM Limited (formerly LTIMindtree), the flagship technology consulting and digital solutions company of the Larsen & Toubro Group, has announced the launch of BlueVerse™ RightLogic, a new cybersecurity risk management framework designed to help enterprises securely adopt Artificial Intelligence (AI) while addressing evolving cyber threats. The new solution enables organizations to identify, assess, … Read more

Adani Group Commits to Build 2,000-Bed Super-Specialty Hospital in West Bengal, Half the Capacity Reserved for Free Treatment

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Kolkata, India: In a major boost to West Bengal’s healthcare infrastructure, the Adani Group has announced plans to establish a 2,000-bed state-of-the-art hospital in New Town, Kolkata. The project is expected to become one of the largest private healthcare facilities in eastern India, significantly expanding access to advanced medical services. According to the announcement made … Read more

Prime Minister Narendra Modi Inaugurates SJVN’s 1,000 MW Bikaner Solar Power Project, Boosting India’s Clean Energy Ambitions

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Bikaner, Rajasthan : Prime Minister Narendra Modi on Saturday inaugurated SJVN Limited’s 1,000 MW Bikaner Solar Power Project, one of India’s largest renewable energy developments, marking a major milestone in the country’s transition toward clean energy, energy security, and climate sustainability. The project was inaugurated from Pachpadra, Rajasthan, in the presence of several senior leaders, … Read more

Security Forces Continue Third-Day Search for Two LeT Militants in Jammu and Kashmir’s Shopian

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Srinagar : A joint counterterrorism operation by the Indian Army, Jammu and Kashmir Police, and other security agencies entered its third consecutive day on Sunday as forces continued searching for two suspected Lashkar-e-Taiba (LeT) militants trapped in the Shopian district of South Kashmir. The operation began on Friday afternoon after Army surveillance cameras detected the … Read more

Padma Vibhushan Awardee and Legendary Pandavani Artist Teejan Bai Passes Away at 69, India Mourns a Cultural Icon

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Durg, Chhattisgarh | July 5, 2026: Padma Vibhushan awardee and internationally acclaimed Pandavani folk artist Teejan Bai passed away early Sunday morning at approximately 3:15 a.m. while undergoing treatment at AIIMS Raipur after a prolonged illness. She was 69. Her passing has triggered an outpouring of grief across India’s cultural, artistic, and political circles, with … Read more

Congress-Linked Contractor Allegedly Wins Multi-Million Government Contracts Under BJP Rule in Chhattisgarh; Officials Face Scrutiny

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Raipur, Chhattisgarh: A major political and administrative controversy has emerged in Chhattisgarh, where a contractor allegedly linked to the Indian National Congress has reportedly secured multi-million-dollar government contracts during the tenure of the Bharatiya Janata Party (BJP) government. The allegations have raised questions about the functioning of government departments and the role of senior officials … Read more

WCL Recruitment 2026: Western Coalfields Limited Announces 444 Vacancies for Mining Sirdar and Assistant Foreman Posts

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Nagpur, July 4: Western Coalfields Limited (WCL), a Miniratna Category-I Public Sector Undertaking (PSU) under the Ministry of Coal and a subsidiary of Coal India Limited, has announced a major recruitment drive for 444 statutory technical and supervisory positions. The vacancies will be filled through an online application process, offering eligible Indian candidates an opportunity … Read more

Chhattisgarh to Receive ₹11,664 Crore Grant for Rural Local Bodies Under 16th Finance Commission Recommendations

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New Delhi/Raipur: The Government of Chhattisgarh is set to receive ₹11,664 crore (approximately $1.35 billion) in grants for its Rural Local Bodies (RLBs) under the 16th Finance Commission’s recommendations for the 2026–27 to 2030–31 period. The funding is aimed at strengthening Panchayats, improving rural infrastructure, and enhancing local governance across the state. The announcement was … Read more

UCO Bank Partners with Aditya Birla Money to Launch Digital 3-in-1 Investment Account

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Mumbai, India: UCO Bank, one of India’s leading public sector banks, has entered into a strategic partnership with Aditya Birla Money Limited (ABML) to introduce a Digital 3-in-1 Account, offering customers a seamless platform that integrates a Savings Account, Demat Account, and Trading Account into a single digital ecosystem. The collaboration marks another significant step … Read more

Shreya Bhardwaj Receives One-Year Extension as Deputy Secretary in India’s Higher Education Department

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New Delhi, India |: The Appointments Committee of the Cabinet (ACC) has approved a one-year extension of the central deputation tenure of Shreya Bhardwaj, a 2012-batch Indian Ordnance Factories Service (IOFS) officer, allowing her to continue serving as Deputy Secretary in the Department of Higher Education until December 25, 2027, or until further orders, whichever … Read more

Ground Report: Children Forced to Study Under a Tree as School Building Crisis Exposes Gaps in Rural Education in Chhattisgarh

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Bilaspur, Chhattisgarh |: While governments across India continue to promote initiatives aimed at improving access to quality education, a troubling situation has emerged from Ghutku village in Takhatpur Assembly Constituency of Bilaspur district, where students at a Government Primary School have been forced to attend classes under a tree due to the absence of a … Read more

NTPC CMD Interview 2026: 18 Candidates Face Search Committee for India’s Top Power Sector Job

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New Delhi, : NTPC Limited, India’s largest power generation company, has reached a crucial stage in selecting its next Chairman and Managing Director (CMD). The Search-cum-Selection Committee (SCSC) is conducting interviews today, July 4, 2026, with 18 shortlisted candidates competing for one of the most influential leadership positions in the country’s energy sector. The successful … Read more

Bihar Accelerates Clean Energy Transition with Solar Expansion and Green Hydrogen Policy Plans

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Patna, India |: The Government of Bihar is significantly expanding its clean energy strategy, placing a stronger emphasis on solar power, energy storage, and a proposed Green Hydrogen Policy as electricity demand across the state continues to rise. The initiative is part of Bihar’s broader effort to strengthen its energy infrastructure, support industrial growth, and … Read more

Mazagon Dock Announces Senior Management Promotions to Strengthen Technical Leadership

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Mumbai, India |: Mazagon Dock Shipbuilders Limited (MDL) has announced a series of senior management promotions within its technical leadership team, reinforcing its focus on operational excellence and execution of strategic defense programs. The announcement was made through a regulatory filing submitted to the National Stock Exchange of India (NSE) and the BSE in compliance … Read more

Wipro Grants 66,138 ADS Restricted Stock Units to Employees Under 2024 Equity Incentive Plan

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Mumbai, India | July 3, 2026: Wipro Limited has granted 66,138 American Depositary Shares (ADS) Restricted Stock Units (RSUs) to selected employees of the company and its subsidiaries as part of its long-term employee equity compensation program. The grant was disclosed in a regulatory filing submitted to the BSE and National Stock Exchange of India … Read more

J&K Bank Partners with SBI Life and HDFC Life to Expand Insurance Offerings Across India

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Srinagar, July 2, 2026: Jammu and Kashmir Bank Limited (J&K Bank) has entered into Corporate Agency Agreements with SBI Life Insurance Company Limited and HDFC Life Insurance Company Limited, strengthening its financial services portfolio by expanding access to life insurance products through its nationwide branch network. The agreements became effective immediately on July 2, 2026. … Read more