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Apache helicopter of Indian Air Force makes emergency landing in Madhya Pradesh

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An Apache helicopter belonging to the Indian Air Force (IAF) made an emergency landing in the Bhind district of Madhya Pradesh. The pilot noticed a technical fault in the helicopter during routine operational training and decided to make a precautionary landing. All crew members and the aircraft were safe, and the snag was later rectified. The Boeing AH-64 Apache is an American twin-turboshaft attack helicopter with a tailwheel-type landing gear arrangement and a tandem cockpit for a crew of two.

The Boeing Company is an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, telecommunications equipment, and missiles worldwide. Founded in 1916, it is among the world’s largest aerospace manufacturers and currently employs around 150,000 people.

The Indian Air Force (IAF) is the air arm of the Indian Armed Forces. Its primary mission is to secure Indian airspace and conduct aerial warfare during armed conflict. The IAF operates a vast array of aircraft, including combat, transport, and helicopter. The pilots of the IAF undergo rigorous training before they can operate their respective aircraft.

Plant Growth Chambers Market: Regional Development, Competitive Analysis, and Future Outlook 2028

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The Plant Growth Chambers Market is rapidly expanding due to the increasing interest of individuals in this industry. The chambers are designed to create optimal conditions that support plant growth, with two main types of chambers available – reach-in and walk-in. Reach-in plant growth chambers are often used in research applications, while walk-in plant growth chambers are used in standard plant production.

The Plant Growth Chambers Market Forecast to 2028 report provides a detailed analysis of the industry, including predictive market player financial performance, strategic developments and key insights. It also offers an in-depth analysis of industry size, share, demand, and future opportunities to 2028.

The key players in the industry are discussed in detail, including their brand overview, profile, market revenue, and financial analysis. The report provides detailed segmentation analysis of the market by producer, region, type, and application.

The global market report covers data points for multiple regions, including the US, Europe, China, Japan, Southeast Asia, India, and Latin America. Other key factors considered in the report include supply and demand dynamics, industry processes, import and export scenarios, R&D development activities, and cost structures.

The Insight Partners is a leading provider of actionable intelligence that specializes in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Consumers Goods, Chemicals, and Materials.

Overall, the Plant Growth Chambers Market is expanding at a high CAGR during the forecast period and is expected to continue growing due to the increasing interest in this industry.

NBCC Reports More Than Two-Fold Increase in Q4 Net Profit, Records Rs 113.63 Cr; Income Rises to Rs 2,843 Cr

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State-owned construction firm NBCC Ltd has reported a more than two-fold increase in its consolidated net profit at Rs 113.63 crore for the fourth quarter ended March 2023, compared to Rs 41.10 crore in the year-ago period. Its total income also rose to Rs 2,843.09 crore in the last fiscal quarter from Rs 2,496.44 crore the previous year. For the full fiscal year of 2022-23, NBCC reported a rise in net profit from Rs 237.92 crore to Rs 278 crore, while total income grew from Rs 7,884.56 crore to Rs 8,961.47 crore.

NBCC is a state-owned construction company involved in real estate development, project management, engineering, and construction services.

During the fourth quarter of the last fiscal year, NBCC’s Managing Director, Shiv Das Meena, spearheaded the company’s overall growth strategy, leading to the considerable net profit increase.

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In summary, NBCC Ltd has reported significant growth in its net profit and total income for the fourth quarter ended March 2023 and the full fiscal year of 2022-23. This unparalleled growth demonstrates the efficiency of NBCC’s overall growth strategy, under the leadership of Managing Director Shiv Das Meena.

CBI files corruption case against Rolls Royce PLC executives’ translated in English: Corruption case filed by the CBI against executives of Rolls Royce PLC.

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The Central Bureau of Investigation (CBI) in India has filed a corruption case against Rolls Royce PLC, top executives, and arms dealers. The case concerns alleged kickbacks in the procurement of Hawk 115 Advanced Jet Trainer aircraft for the Indian Air Force and Navy. The CBI has registered a case under Section 120 (B) of the Indian Penal Code and provisions of the Prevention of Corruption Act against Tim Jones, Director of Rolls Royce India, as well as arms dealers Sudhir Choudhrie and Bhanu Choudhrie. The case also involves Rolls Royce PLC and British Aerospace Systems. In 2017, a British court order mentioned the suspected involvement of middlemen and the payment of commissions by Rolls Royce to secure the deal, according to officials familiar with the matter. The allegations center on the period from 2003 to 2012. The accused individuals allegedly destroyed and removed crucial transaction-related documents in an attempt to evade the investigation.

Rolls Royce PLC is a British multinational engineering company that produces aero engines and power systems for use in aviation and marine applications, amongst others.

Tim Jones is the Director of Rolls Royce India.

BPCL develops gas burner that can save one cylinder annually.

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Bharat Petroleum Corporation Limited (BPCL) has developed a new LPG burner that is more efficient than its predecessors. The improved burner is 10% more efficient which could save households up to Rs 7,000 crore if they were to replace their current burners with the new ones, according to BPCL’s Director Refineries, Sanjay Khanna. He added that if households switch to the efficient burner, they could save one LPG cylinder annually. The new burner is comparable in cost to the existing one, making it a more attractive option for households. BPCL is also looking to export the burners beyond India.

BPCL is one of India’s leading state-owned oil and gas companies, with a portfolio that spans the entire hydrocarbon value chain. With a vision to become the most admired Indian energy company by providing innovative solutions and sustainable value to all its stakeholders, BPCL is committed to delivering high-quality products and services that meet the changing needs of its customers.

Sanjay Khanna is the Director Refineries of BPCL. With over three decades of experience in the energy sector, Khanna has been instrumental in driving BPCL’s growth and expansion strategies. He oversees BPCL’s refining operations which include six refineries in India and one overseas. Additionally, Khanna has been instrumental in BPCL’s efforts to develop new technologies and sustainable solutions for the oil and gas industry.

Ten killed in a road accident in South India

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At least 10 people, including two children, were killed in a road accident in India’s southern state of Karnataka. The mishap occurred between a private bus and a car near the Tirumakudalu-Narasipura area of Mysuru district. Several people were injured in the accident. The local police reported the casualties. Karnataka’s chief minister, Siddaramaiah, announced 200,000 Indian rupees as compensation to the families of each victim.

The article does not mention any specific company, so no further details are needed.

Karnataka Chief Minister Siddaramaiah announced 200,000 Indian rupees (2,420 U.S. dollars) as compensation to the families of each of the deceased. As the head of the state government, Siddaramaiah took the role of announcing compensation for the families affected by the road accident.

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Former cop Pradeep Sharma asked by SC to file fresh interim bail plea in Antilia bomb scare case

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The Supreme Court has asked former police officer Pradeep Sharma, who was arrested in connection with the Antilia bomb scare case and the killing of businessman Mansukh Hiran, to file a fresh interim bail application. A vacation bench of Justices Bela M Trivedi and Prashant Kumar Mishra posted the matter for hearing on June 5, while taking note of the submission of Additional Solicitor General SV Raju. Sharma is currently in judicial custody and has sought interim bail on humanitarian grounds to take care of his wife, who has developed serious complications after surgery. Sharma’s plea challenges an order of the Bombay High Court, which had refused to grant him bail.

On February 25, 2021, an explosives-laden SUV was found near Reliance Industries Chairman Mukesh Ambani’s residence ‘Antilia’ in south Mumbai. Businessman Hiran, who was in possession of the SUV, was found dead in a creek in neighbouring Thane on March 5 last year. Sharma, who was a member of the Mumbai police’s encounter squad that killed over 300 criminals in numerous encounters, has been accused of helping his former colleague Waze in eliminating Mansukh Hiran.

Reliance Industries is a multinational conglomerate company and one of the largest corporations in India. Founded in 1960, its business interests include petrochemicals, refining, oil, and gas exploration. The company also operates various subsidiaries, such as Reliance Retail and Jio Platforms.

Pradeep Sharma is a former police officer who has been accused of his involvement in the Antilia bomb scare and the murder of businessman Mansukh Hiran. Sharma was a member of the Mumbai police’s encounter squad and has been accused of helping his former colleague Waze in eliminating Mansukh Hiran.

Purushothaman Becomes the New Chairman of Braithwaite

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Salim G Purushothaman has been appointed as the chairman and managing director of Braithwaite and Company Ltd, a leading engineering company owned by the state. A company official mentioned that Purushothaman would continue to serve as the director of production of the company, which falls under the Railways ministry. He had previously held the additional charge of director Finance for a year during his tenure with the firm. Purushothaman began his career as a management trainee at SAIL, Bokaro Steel in 1988. Furthermore, he is a certified energy manager from the Bureau of Energy Efficiency, holds a mechanical engineering degree from the University of Kerala, and an M Tech in manufacturing from BITS Pilani, along with an MBA.

Braithwaite and Company Ltd is an engineering company that offers a range of products and services across various sectors such as railways, power, defense, and more. Established in 1913, the company has been involved in the construction of several iconic structures in India, including the Howrah Bridge in Kolkata. Braithwaite has a strong focus on sustainability and energy efficiency and aims to deliver high-quality products and services to its clients.

Salim G Purushothaman is a veteran in the field of engineering, with experience spanning over three decades. He has held several positions of responsibility in his career and has made a significant contribution to the companies he has worked with. Purushothaman has a keen interest in sustainable engineering and is a certified energy manager.

State Bank of India Raises USD 750 Million Via Bonds on India INX

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State Bank of India, the country’s largest bank, has listed foreign currency bonds worth USD 750 million under its Global Medium Note programme, with the purpose of funding its overseas business growth. The bond was issued through SBI’s London branch and was priced competitively. It was listed on India INX’s Global Securities Market, marking the first time international exchange at GIFT IFSC Gujarat has been used for an international bond issuance. The bank has created a strong investor base in the offshore capital markets, according to Dinesh Khara, chairman of SBI.

ONGC Plans Huge Investment to Increase Green Energy Capacity

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State-owned energy company ONGC is planning to invest up to Rs 1 lakh crore, or approximately $13.6 billion, to increase its renewable energy capacity to 10 GW by 2030. Currently, the company’s capacity is at 189 MW for 2022-23. The move is aligned with India’s target to reach net-zero carbon emissions by 2070. Although the demand for fossil fuel energy may decrease for other countries by 2030, ONGC’s Chairman Arun Kumar Singh suggests that India will continue to grow in demand until 2040.

ONGC, or the Oil and Natural Gas Corporation, is a state-owned Indian multinational company responsible for the exploration and production of oil and gas. Established in 1956, the company’s headquarters is located in Dehradun, India. ONGC contributes to approximately 75% of India’s crude oil and natural gas needs and operates over 41 oil and gas fields in India.

Arun Kumar Singh is the current Chairman and Managing Director of ONGC. Singh has been with the company since 1985 and has held various positions in his over 35 years with ONGC, including Director (Exploration) at the company’s subsidiary ONGC Videsh, Company Secretary, and Head of New Business Development. Singh holds a B.Tech. degree in mechanical engineering from the Indian Institute of Technology, Delhi, and an MBA from the Faculty of Management Studies, Delhi University.

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