Author: Shehnaz Beig
Shehnaz Beig
Shehnaz Ali Siddiqui is a Corporate Communications Expert by profession and writer by Passion. She has experience of many years in the same. Her educational background in Mass communication has given her a broad base from which to approach many topics. She enjoys writing around Public relations, Corporate communications, travel, entrepreneurship, insurance, and finance among others.
Tata Steel has achieved a new milestone in India’s steel industry by commissioning the country’s largest blast furnace at its Kalinganagar plant in Odisha. This major development is set to significantly enhance the plant’s production capacity, increasing it from 3 million tonnes per annum (MTPA) to 8 MTPA. The Rs 27,000 crore investment in this cutting-edge furnace marks a major boost for the Indian steel sector and key industries like automotive, infrastructure, and defence. Tata Steel’s Mega Investment in Odisha With the inauguration of this new blast furnace, Tata Steel continues to solidify its presence in Odisha, which has become…
The Securities and Exchange Board of India (SEBI) has refused to disclose details regarding the cases in which its chairperson, Madhabi Puri Buch, recused herself due to a conflict of interest. This decision was revealed in response to a Right to Information (RTI) request filed by transparency activist Commodore Lokesh Batra (retired). SEBI stated that the information is not readily available and would take excessive time and resources to locate. SEBI Refuses to Share Asset Declarations In addition to not disclosing case details, SEBI has also refused to provide a copy of Madhabi Puri Buch’s declaration of her and her…
The festival of Diwali, one of India’s most eagerly awaited celebrations, is set to light up homes across the country on November 1, 2024. Known for its sparkling lights, joyous family gatherings, and the worship of Goddess Lakshmi, Diwali is a time for celebrating prosperity and happiness. Here’s a detailed look at the five days of Diwali festivities along with important timings for Lakshmi Puja, ensuring you don’t miss out on the blessings of the goddess of wealth. Diwali 2024 Date and Auspicious Timings for Lakshmi Puja This year, Diwali falls on Friday, November 1, 2024. The day will also…
India’s foreign exchange reserves have soared to a new high for the fifth consecutive week, signaling a steady boost to the country’s economic strength. According to data from the Reserve Bank of India (RBI), during the week ending September 13, 2024, the reserves increased by $223 million, reaching a remarkable $689.45 billion. This follows a significant jump of $5.24 billion in the previous week. At the same time, neighboring Pakistan also witnessed a rise in its foreign exchange reserves, offering some relief amidst its ongoing economic struggles. Steady Growth in India’s Foreign Reserves Boosts Economic Confidence India’s foreign exchange reserves…
In a surprising turn of events, Bharat Sanchar Nigam Limited (BSNL) emerged as the only major telecom operator to add new subscribers in July 2024. According to the latest data released by the Telecom Regulatory Authority of India (TRAI), BSNL added over 29.4 lakh mobile subscribers, while major private players—Reliance Jio, Bharti Airtel, and Vodafone Idea—saw a significant decline in their customer base. The reduction in subscribers across private telecom companies comes after they increased their service charges by 10-27% in early July. This price hike has had a direct impact on the number of customers opting for their services,…
Air India found itself in the spotlight after a viral video posted by an American-Indian businessman highlighted the poor conditions on a flight from Chicago to Delhi. Following the incident, the airline swiftly responded by refunding the passenger ₹5.25 lakh, the full fare for his first-class ticket. The Incident that Sparked the Refund Anip Patel, the CEO and founder of Chicago-based VC firm CaPatel Investments, shared his unpleasant experience on a 15-hour non-stop Air India flight on social media. Patel, who had opted for a first-class seat, was dismayed to find the conditions far below his expectations. He took to…
India is gearing up to impose retaliatory customs duties on certain goods imported from the European Union (EU), following unresolved issues over the EU’s safeguard measures on steel imports. The Indian government has notified the World Trade Organization (WTO) about its plan to raise duties on specific products produced in the EU, citing losses due to the EU’s protectionist stance on steel products. The dispute stems from the European Union’s decision to extend its safeguard duty on steel imports, which has negatively impacted India’s steel exports. According to the Indian government, these safeguard measures, which have been in place since…
Axis Capital, a leading player in the financial services sector, is exploring legal options after the Securities and Exchange Board of India (SEBI) temporarily banned the company from undertaking new assignments as a merchant banker in the debt market. The company, however, clarified that this restriction applies solely to its debt segment operations, and all other services will continue as usual. Understanding SEBI’s Action Against Axis Capital On Thursday, SEBI issued an interim order barring Axis Capital from working as a merchant banker, arranger, or underwriter for any debt-related securities, including Non-Convertible Debentures (NCDs). The regulatory body found that Axis…
Tata Consultancy Services (TCS) has once again solidified its position as India’s most valuable brand, according to the latest Kantar BrandZ report. With a brand valuation of an impressive $49.7 billion (around ₹4 lakh crores), TCS has claimed the top spot for the third consecutive year. The company’s ongoing investment in innovation, particularly in digital transformation and artificial intelligence (AI), has significantly contributed to its growth. 1. TCS Leads India’s Top 5 Brands by a Significant Margin The report highlighted TCS’s dominance in the Indian market, with a 16% increase in its brand value from the previous year. Following closely…
A heartbreaking incident has emerged, raising concerns about the heavy workload in corporate jobs. Anna Sebastian Perayil, a 26-year-old employee who recently joined EY India in Pune, passed away after just four months of working with the company. Following her untimely death, Anna’s mother, Anita Augustine, wrote an emotional letter to Rajiv Memani, the Chairman of EY India, blaming the company’s excessive workload for her daughter’s tragic death. Mother’s Emotional Plea: ‘The Work Pressure Was Too Much for My Daughter’ Anita Augustine described in her letter that her daughter was initially thrilled about joining EY, one of the world’s most…