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Remember the pictures of Indian Prime Minister Narendra Modi and Russian President Vladimir Putin locked in a good-natured embrace that had surfaced on the internet not long ago? While they might not be indicative of the leaders’ alignment in their politics, it is certainly representative of the close ties between India and Russia on multiple strategic aspects, including their respective space programs. The two nations have been mostly pally with each other since India’s post-independence — despite tensions between the US and USSR. And what is perhaps the best example of this friendship would be how the Soviet Union has contributed to the establishment and growth of India's space program. <div type="Article" hostid="261" msid="111577453" title="Modi&amp;#39;s Russia visit shows India isn&amp;#39;t worried about making the US mad" mstype="2" mssubtype="0"></div>India's space program, conceived in the 1960s under the visionary leadership of Dr <keyword id="20550009" type="General" weightage="20" keywordseo="vikram-sarabhai" source="keywords">Vikram Sarabhai</keyword>, was primarily focused on utilising space technology for national development. Unlike the space programs of the United States or the Soviet Union, which were heavily influenced by military competition and the Cold War, India's space endeavours were rooted in civilian and developmental objectives. Recognising the potential of space technology, India sought international cooperation, and the Soviet Union emerged as a crucial partner. As India celebrates its first <keyword id="18542869" type="General" weightage="20" keywordseo="national-space-day" source="Orion">National Space Day</keyword>, we would be remiss to not acknowledge all that Russia has done for our nation in terms of space exploration. And here are seven examples of the USSR's involvement during <keyword id="19915124" type="General" weightage="20" keywordseo="ISRO" source="keywords" meta.keywordsubtype="org" meta.entityname="ISRO" meta.hostid="261" meta.entityid="ISRO">ISRO</keyword>'s early years, with multiple instances of assistance. <h2>1. Aryabhata satellite (1975) </h2>The USSR was instrumental in the launch of India's first satellite, Aryabhata, in 1975. While the satellite was designed and developed by Indian scientists, it was launched using a Soviet Kosmos-3M rocket from the Kapustin Yar launch site in Russia. This marked India's first step into space and would not have been possible without Soviet support. <h2>2. Training of ISRO scientists</h2>Throughout the 1960s and 1970s, many Indian space scientists received training in Soviet institutions. This included training in areas like satellite communications, telemetry, and space mission operations. The transfer of technical knowledge was crucial for ISRO as it developed its own capacity to build and operate satellites independently. <h2>3. Bhaskara-I and Bhaskara-II satellites (1979 and 1981)</h2>The USSR launched two Indian Earth observation satellites, Bhaskara-I and Bhaskara-II, which were crucial for remote sensing applications in areas like meteorology, oceanography, and hydrology. Both satellites were launched aboard Soviet rockets, contributing to India's development of satellite-based Earth observation capabilities. <div type="Article" hostid="261" msid="109511778" title="US satellites could face threat from Russia and China&amp;#39;s &amp;#39;unfriendly&amp;#39; space behavior, warn defense analysts" mstype="2" mssubtype="0"></div><h2>4. Launch of apple satellite (1981)</h2>The Ariane Passenger Payload Experiment (APPLE) satellite, India's first experimental communication satellite, was launched in 1981 with Soviet assistance. While the satellite was launched aboard a European Ariane rocket, the Soviet Union provided crucial technical support during its development and also supported telemetry during its early operations. <h2>5. Tracking and telemetry support</h2>The USSR provided technical and infrastructural support to India by helping set up tracking and telemetry stations in India. These facilities were essential for controlling and receiving data from Indian satellites. Soviet technical assistance helped India develop its ground infrastructure for space missions. <h2>6. Interkosmos program (1984) </h2>Under the Soviet Union's Interkosmos program, India participated in a manned spaceflight mission. Rakesh Sharma, an Indian Air Force pilot, was sent into space aboard the Soviet Soyuz T-11 spacecraft, making him the first Indian to travel to space. This was a landmark event for India's space program, showcasing the close collaboration between ISRO and the Soviet space agency. <h2>7. Support for PSLV development</h2>In the early 1990s, during the development of ISRO's Polar Satellite Launch Vehicle (PSLV), the Soviet Union provided guidance and support, particularly in rocket propulsion technology. This collaboration helped ISRO overcome technical hurdles and achieve greater self-reliance in launching satellites. The dissolution of the Soviet Union in 1991 marked the end of an era in Indo-Soviet space collaboration. However, the legacy of the USSR's contributions to ISRO continues to influence India's space program. Russia, as the successor state of the Soviet Union, maintained friendly ties with India, and space collaboration continued, albeit with a different focus and scale. India’s manned space mission project, Gaganyaan, which aims to send Indian astronauts into space, involves training astronauts in Russia, demonstrating the lasting legacy of <keyword id="22892657" type="General" weightage="20" keywordseo="Indo-Soviet-space-cooperation" source="keywords">Indo-Soviet space cooperation</keyword>. <div type="Article" hostid="261" msid="112569406" title="ISRO targets first Gaganyaan mission launch by December: Chairman" mstype="2" mssubtype="0"></div>

7 times Russia aided India's space program — in chronological order

<keyword id="20018887" type="General" weightage="100" keywordseo="Vistara" source="keywords" meta.keywordsubtype="org" meta.entityname="Vistara" meta.hostid="346" meta.entityid="Vistara">Vistara</keyword> will operate the last flight under its brand on November 11 and the full-service carrier's operations will be unified with <keyword id="19896871" type="General" weightage="20" keywordseo="Air-India" source="keywords" meta.keywordsubtype="org" meta.entityname="Air India" meta.hostid="346" meta.entityid="Air India">Air India</keyword> from November 12. The government has given its nod for the foreign direct investment by <keyword id="20036942" type="General" weightage="20" keywordseo="Singapore-Airlines" source="keywords" meta.keywordsubtype="org" meta.entityname="Singapore Airlines" meta.hostid="346" meta.entityid="Singapore Airlines">Singapore Airlines</keyword> as part of the Air India-Vistara <keyword id="20035800" type="General" weightage="20" keywordseo="merger" source="keywords">merger</keyword>. Vistara is a joint venture between <keyword id="19924335" type="General" weightage="20" keywordseo="Tata-Group" source="keywords" meta.keywordsubtype="org" meta.entityname="Tata Group" meta.hostid="346" meta.entityid="Tata Group">Tata Group</keyword> and Singapore Airlines. Air India is owned by Tata Group. "Starting 03 September 2024, customers will, progressively, no longer be able to make bookings with Vistara for travel on or after 12 November 2024," Vistara said in a release on Friday. Thereafter, Vistara aircraft will be operated by Air India and bookings for the routes operated by these planes will be redirected to Air India's website. "Vistara will continue to take bookings and operate flights as usual till 11 November 2024," the release said. The merger of Vistara with Air India was announced in November 2022 and post-completion of the deal, Singapore Airlines will have a 25.1 per cent stake in Air India. Vistara CEO Vinod Kannan said the merger is about offering passengers more choice with a larger fleet and a wider network while elevating the overall travel experience. "Cross-functional teams from Air India and Vistara have been working together for many months to make the transition of aircraft, flying crew, ground-based colleagues and, most importantly, our valued customers, into the new Air India as seamless as possible," Air India CEO and MD Campbell Wilson said. In a separate release, Air India welcomed the Union Cabinet's approval for the foreign direct investment by Singapore Airlines in the airline. "This is an important milestone that facilitates the merger process between Vistara and Air India, and the broader transformation of the Air India Group," it said.

Vistara to operate last flight under its brand on November 11

New Delhi [India], July 29 (ANI): Following <keyword id="20241095" type="General" weightage="100" keywordseo="Manu-Bhaker" source="keywords">Manu Bhaker</keyword>'s historic <keyword id="20257145" type="General" weightage="20" keywordseo="bronze-medal" source="keywords">bronze medal</keyword> in the ongoing <keyword id="20006192" type="General" weightage="20" keywordseo="Paris-Olympics" source="keywords">Paris Olympics</keyword> 2024, <keyword id="22535733" type="General" weightage="20" keywordseo="Union-Sports-Minister" source="keywords">Union Sports Minister</keyword> <keyword id="2607815" type="General" weightage="20" keywordseo="Mansukh-Mandaviya" source="Orion">Mansukh Mandaviya</keyword> congratulated the shooter on her win and revealed the hard work and expenditure that went behind her training. Bhaker finished third to secure a bronze medal in the final of the Women's Air Pistol event on Sunday. She became the first Indian woman to win a medal in shooting at the Olympics. Following her win, Mandaviya told ANI, "By winning the first bronze medal in the Paris Olympics, Manu Bhaker has made India proud. In her interaction, she said that she has been a part of '<keyword id="20305504" type="General" weightage="20" keywordseo="Khelo-India" source="keywords" meta.keywordsubtype="org" meta.entityname="Khelo India" meta.hostid="153" meta.entityid="Khelo India">Khelo India</keyword>'. I am delighted to tell you that PM Modi started 'Khelo India' and under this initiative, sports infrastructure was set up in the country, sports competition was increased, and projects were floated to identify sports talent at school and college levels. Good coaches were hired to train the talents identified, they were provided good training and under the TOPS scheme, arrangements were made to ensure that they did not face any financial constraints." Mandaviya revealed that around Rs two crores were spent on Manu's training and she was sent to Germany and Switzerland for it. He also expressed confidence that other athletes will also do well in the Olympics. "Around Rs 2 crore was spent on Manu Bhaker's training. She was sent to Germany and Switzerland for training. Financial help was provided which was needed for her to hire a coach who she wanted. We are providing this ecosystem to all athletes so that they give best performance at national and international competitions. I am confident that our athletes will perform well in Paris Olympics too," he added. On the shooting and archery competitions taking place today, Manaviya added, "Shooting and Archery competitions are taking place today. We should encourage our athletes with <keyword id="22586685" type="General" weightage="20" keywordseo="CheerForBharat" source="Orion">#CheerForBharat</keyword> on social media and encourage them. We expect our athletes to perform well." Bhaker will once again be in action during the 10 m air pistol mixed team competition qualification rounds along with Sarabjot Singh from 12:45 PM onwards. Indian shooters Ramita Jindal and Arjun Babuta, along with the men's archery team, will aim to add to the country's medal count at the ongoing Paris Olympics 2024 on Monday. On Sunday, Ramita made it to the final of the women's 10 m air rifle event after a fifth-place finish during the qualification round, while Arjun came at seventh in the men's event. The top eight players from both the qualification rounds made it to the finals, which are scheduled for today, as per Olympics.com. Also, the men's archery team of Dhiraj Bommadevara, Tarundeep Rai and Pravin Jadhav will be taking on Turkiye or Colombia in the quarterfinals at 6:31 PM. The medal rounds of this category will take place today itself. Bhaker brought India's first medal in the ongoing mega event as she won a bronze medal with a score of 221.7. It was a redemption arc for Manu after her pistol malfunctioned at the Tokyo Olympics. She made history by becoming the first Indian woman in 20 years to reach a shooting final in an individual event of the Olympics since Suma Shirur in 2004. South Korea's Ye Jin clinched the gold medal with an Olympic record of 243.2 points. Her compatriot, Kim Yeji, settled for silver with 241.3 points.

Govt spent two crores on training Manu Bhaker, says Sports Minister Mandaviya after her Olympic bronze win

<keyword id="6378232" type="General" weightage="20" keywordseo="Air-India-Express" source="Orion">Air India Express</keyword> has cancelled "scores of flights" due to a shortage of cabin crew members as a section of them are reporting sick to protest against alleged mismanagement at the Tata Group-owned airline, according to sources. Discontent has been brewing among a section of the cabin crew at the low-cost carrier for some time now, especially after the start of the process of merger of AIX Connect, formerly AirAsia India, with itself. The sources on Wednesday said several cabin crew members started reporting sick since Monday evening and as there are not enough cabin crew members, "scores of flights" have been cancelled at various airports, including Kochi, Calicut and Bangalore. Late last month, a union representing a section of the Air India Express cabin crew alleged that the airline is being mismanaged and there is a lack of equality in the treatment of the staff. Air India Express Employees Union (AIXEU), a registered union, which claims to represent around 300 cabin crew members, mostly seniors, had also alleged that mismanagement of the affairs has affected the morale of the employees. Many passengers took to social media on Wednesday complaining about the sudden cancellation of flights. In response to a passenger's post on X about flight cancellation, Air India Express apologised and said the flight was cancelled "due to operational reasons". "As part of our service recovery process, you can either opt to reschedule the flight within the next 7 days or request a full refund through our chat bot Tia...," the airline said in a post on X. The development at Air India Express comes a month after <keyword id="19924335" type="General" weightage="20" keywordseo="Tata-Group" source="keywords" meta.keywordsubtype="org" meta.entityname="Tata Group" meta.hostid="261" meta.entityid="Tata Group">Tata Group</keyword> full-service carrier Vistara witnessed pilot woes, forcing it to temporarily cut down capacity by 10 per cent or 25-30 flights daily. As part of consolidating its airline business, Tata Group is merging Air India Express and AIX Connect, as well as Vistara with Air India. SEE ALSO:<a href="https://www.businessinsider.in/stock-market/webstories/aadhar-housing-finance-ipo-price-band-to-risk-factors-all-you-need-to-know/slidelist/109919298.cms" target="_blank"></a> <a href="https://www.businessinsider.in/stock-market/webstories/aadhar-housing-finance-ipo-price-band-to-risk-factors-all-you-need-to-know/slidelist/109919298.cms" target="_blank">Aadhar Housing Finance IPO – Price band to risk factors, all you need to know</a><a href="https://www.businessinsider.in/business/auto/webstories/top-selling-cars-in-india-in-april-2024-tata-punch-continues-to-dominate/slidelist/109909744.cms" target="_blank"></a> <a href="https://www.businessinsider.in/business/auto/webstories/top-selling-cars-in-india-in-april-2024-tata-punch-continues-to-dominate/slidelist/109909744.cms" target="_blank">Top-selling cars in India in April 2024 – Tata Punch continues to dominate</a><a href="https://www.businessinsider.in/tech/news/worldwide-tablet-shipments-grow-in-q1-2024-after-two-years-of-decline/articleshow/109876390.cms" target="_blank"></a> <a href="https://www.businessinsider.in/tech/news/worldwide-tablet-shipments-grow-in-q1-2024-after-two-years-of-decline/articleshow/109876390.cms" target="_blank">Worldwide tablet shipments grow in Q1 2024 after two years of decline</a>

Air India Express cancels flights due to cabin crew shortage: Sources

<ul><li>Union <keyword id="19955368" type="General" weightage="100" keywordseo="budget-2024" source="keywords">Budget 2024</keyword> to be presented on July 23, 2024, at 11 am</li><li>Changes in the new <keyword id="19901478" type="General" weightage="20" keywordseo="income-tax" source="keywords">income tax</keyword> regime possible in the budget </li><li>Budget is a detailed estimate of the government's revenue and expenses</li></ul>Next week, Nirmala Tai will present the 2024 <keyword id="19908389" type="General" weightage="20" keywordseo="union-budget" source="keywords">union budget</keyword>. While the internet is already abuzz with the endless expectations of different industries and sectors, what the common man wishes for, and more, are we aware of how the budget comes to life in the first place? What do some of its terms like expenditure and revenue budgets even mean? And what exactly is the finance bill? If you have all these questions running through your mind, here's a ready reckoner for you, answering all your questions 1. Why should I care about the budget? Most of all, because it holds the answer to how your money will be taxed in the coming financial year, or years. Yes, you can (and perhaps will) choose to gloss over most of it, like when Tai talks about its capital expenditure or allocations made to various ministries. But you should know if there are any major changes introduced in the existing income tax slabs, because that would mean an automatic increase or decrease in your taxes. If there are some deductions or exemption that have just been introduced and can help you reduce your taxable income, you'd certainly want to use it to your benefit, wont you? (Unless you're a stickler for paying high taxes)! But for that, you should first know how your hard-earned money is being taxed, and that is why, you should tune into the <a href="https://www.businessinsider.in/budget/article/budget-2024-a-handy-guide-for-major-terms-around-the-upcoming-union-budget/articleshow/111688482.cms" data-type="tilCustomLink" target="_blank">upcoming union budget</a>. 2. What will happen to Income taxes in this budget? Will they be cut? We wouldn't know anything for sure until July 23rd, but there is news that the new tax regime might be made more attractive for the salaried class by way of increasing the <keyword id="20429578" type="General" weightage="20" keywordseo="standard-deduction" source="keywords">standard deduction</keyword> threshold (which is currently Rs 50,000 for both old and new regime), or by raising the total deduction limit under the old regime from the present Rs 2,00,000. Akhil Chandna, Partner at Grant Thornton Bharat also believes enhancing the standard deduction limit will do a world of good to salaried Indians. "With the introduction of the standard deduction in 2018 and the last increase in 2019 from ₹ 40,000 to ₹ 50,000, it is essential to raise the threshold to ₹75,000 now to align with current living costs and inflation. Raising the standard deduction can help improve people's purchasing power, especially those with fixed incomes like pensions", he said. Krishan Mishra, CEO, FPSB India also wishes for the tax exemption limit under new regime be raised from Rs 7 lakh to Rs 10 lakh, since "it will be a crucial step to encourage savings and investments among the mid-income group and will provide much-needed relief to taxpayers". The government may make the new tax regime more lucrative by enhancing its basic exemption limit (up to which no income tax is payable) from Rs 3,00,000. But that's a lot of MIGHTS, that will have to wait the final bell till 23rd! 3. How is the Budget is prepared? It is a lengthy, long-drawn process, which starts with the finance ministry asking all departments, states, ministries and union territories to give them an estimate of how much money they'd potentially need during the year. In addition to this, they also have to present details of all their revenues and expenditures in the past year. Then begins a super duper long process of consultations and discussions and deliberations and consultations and dialog (you get the gist!), after which the allocations are made. Weeks before the budget presentation, the <keyword id="19956758" type="General" weightage="20" keywordseo="finance-minister" source="keywords">finance minister</keyword> also meets representatives from various industries like agriculture, trade, manufacturing and more to know what they want. Based on that, the budget is fine tuned. 9-10 days before the budget is to be presented in the parliament, a halwa ceremony takes place, which commenced today, marks the start of budget printing. From this time on, the finance ministry staff goes super hush-hush and in lockdown, with no one allowed to leave the ministry premises till the budget is tabled in the parliament. 4. Why did India have 2 budgets this year? Because 2024 was an election year. That is why you saw an <keyword id="547606" type="General" weightage="20" keywordseo="Interim-budget" source="Orion">interim budget</keyword> in February, where the government presented a budget, the aim of which was just to fund its regular expenses and spending over the next 2-3 months, till elections. After the elections, it is the responsibility of the newly elected government to prepare a full-fledged budget. Think of this as borrowing from your friends just to fund your mid-month, small term, interim cash crunch. You pay them back as soon as you get your salary, and your budget is set again (at least for the time being!) 5. What are the various types of budget documents The union budget is a hefty set of documents! There's Annual Financial Statement, which lays out how much money it needs in revenue, and how much does it plan to spend that during the year. There's demands of grants, which tells us how these receipts and expenditures will be utilised by different ministries and departments, down to each scheme. There's the finance bill, which outlines any changes the government intends to make, in order to raise these proposed funds. This primarily includes change in tax structures. Then there is appropriation bill, which highlights how the government plans to withdraw money from the consolidated fund of India (where all of government's revenue from income tax, customs and excise and other sources flow in). Once approved, both finance and appropriation bill become acts. The extremely complex sounding "medium term fiscal policy cum fiscal policy strategy statement" has all your important macro- economic indicators like GDP, fiscal deficit, revenue deficit, primary deficit and more. But of course, you can skip through all this to just check out budget at a glance and highlights, which presents the key features and decisions made in the budget in a concise manner. <h4 style="color: rgb(0, 0, 0); font-family: Mulish, sans-serif; font-size: 16px; white-space-collapse: preserve; background-color: rgb(255, 255, 255); text-align: justify;"> </h4>6. What is a revenue and <keyword id="2745241" type="General" weightage="20" keywordseo="expenditure-budget" source="Orion">expenditure budget</keyword>? Think of this as a detailed breakdown of how the government plans to raise money for everything during the year by of tax or non-tax revenues, borrowings and more. The <keyword id="425836" type="General" weightage="20" keywordseo="revenue-budget" source="Orion">revenue budget</keyword> also outlines how much revenue the government had to forego to fund various tax incentives or subsidies. There's no chance you wont spend what you've earned! And so, how the government plans to spend its receipts are mentioned in the expenditure budget. It highlights what each ministry gets, how much money will be spent on a certain scheme and more. 7. What is a populist budget? No, its not another budget document, but just a fancy name for a budget that is prepared with the sole intention to appeal to the people by slashing down income taxes, increasing subsidies and spending more on social schemes. Such a budget might seem lucrative in the short run, but it do not contribute to the country's long-term economic development in any way. On the contrary, it only adds to the overall fiscal burden of the country. Its as if a character came in for a short cameo in your favorite series, won people's hearts, and then vanished into thin air, with no meaningful contribution to the story line. You'd feel short-changed, wont you? So, time to listen to Nirmala Tai and the budget's humdrums with some understanding and interest! Also read: <a href="https://www.businessinsider.in/budget/news/budget-2024-how-will-budget-affect-indias-position-in-the-global-space-race/articleshow/111855546.cms" data-type="tilCustomLink" target="_blank">Budget 2024: How will budget affect India’s position in the global space race?</a> <a href="https://www.businessinsider.in/budget/article/despite-pandemic-and-growing-health-scares-indias-budget-share-for-healthcare-continues-to-decline/articleshow/111807009.cms" data-type="tilCustomLink">Despite pandemic and growing health scares, India’s budget share for healthcare continues to decline</a>

Union Budget 2024: A handy FAQ guide to decode the upcoming budget

In what is seen as a major standdown, the pilots' union of <keyword id="2573" type="General" weightage="100" keywordseo="air-india" source="Orion">Air India</keyword> has withdrawn its opposition to the new wage pact and employment agreement. In a joint letter issued on Thursday, the Indian Pilots' Guild (<keyword id="179256" type="General" weightage="50" keywordseo="ipg" source="Orion">IPG</keyword>) and Indian Commercial Pilots' Association (ICPA) withdrew their stand and told their members that they are free to sign new wage contracts offered by the new <keyword id="6355725" type="General" weightage="50" keywordseo="tata-group" source="Orion">Tata group</keyword> management of Air India. "As dedicated <keyword id="4746568" type="General" weightage="50" keywordseo="air-indians" source="Orion">Air Indians</keyword>, we believe it is crucial to express our readiness to settle the dispute at hand and find an amicable resolution for the benefit of both parties," the IPG and ICPA said in a joint letter to their members. The letter further read, "Over the past year, our attempts to reach a resolution have been hindered by a lack of cooperation from the management. Their unwillingness to address our concerns and apathetic attitude has resulted in a prolonged stalemate and escalating tensions." "Upon the assurances given in the online 'Townhall Meeting for Pilots' and in the interest of the aspirations of Air India, The <keyword id="8555" type="General" weightage="50" keywordseo="tata" source="Orion">Tata</keyword> Group and our passengers, the Joint Directive No.01 of 2023, Sub: Unilateral Changes in Policies stands withdrawn," the letter titled as 'Withdrawn of Joint Directive Np01 of 2023', added. The announcement came after a joint meeting held on Thursday, wherein the unions' members were told that they are free to sign the new wage contract. Last month, the Tata Group-owned airline announced a new salary structure for pilots and cabin crew but the staff was disappointed with the revisions. Their main grouse was about promoting captains with more than four years of experience in management. In a communication to all employees including pilots and crew members in April this year, Air India management had said that they announced the revision of their employment contracts and revised compensation for flying staff. "I am reaching directly to our flying staff through this platform as currently there is no recognized union at Air India. This is within the framework of law," said Air India Chief Human Resource Officer Suresh Tripathi, had said in a video message. The airline had said that the contract sent is a compilation of applicable policies and existing rules. Wherever there are differences, their changes are introduced to have a performance and merit-based culture as would be the ask of any world-class and professionally run airline. In the last one year, they have been hearing all the concerns of their flying community through various forums and constant communication, the Air India management said. "Guaranteed flying allowance has moved upwards from existing 20 hours to fixed 40 hours. With our ambitious growth and large aircraft order, we as an organisation are confident to provide you more and more opportunities for flying. The fact remains that at 70 hours of flying, income across the board has increased. We are a productivity-oriented organisation, and anyone who is ready to contribute will grow and prosper," the airline had said. "Our Trainers who would be investing more time in training as we ramp up, have been given a significant increase in pay in the form of both fixed and variable. There is more than 40 per cent increase in the allowance for trainers," it added. Air India said flying allowance rates are one of the highest in the Indian industry, with even higher amounts beyond 40 hours. There used to be a difference in flying rates in the same pilot rank which has been done away with to promote fairness. They have introduced additional compensation during training of command upgrade and conversion training which was not existing earlier. There was not any service reward existing to recognise the contribution of experienced staff. A fixed amount has been added to salaries. "These are all changes we have introduced for the better and to become market competitive, which was a key ask. We have also introduced best-in-class employee insurance and other benefits which were not existing earlier at Air India to support the welfare of our flying staff," the airline's management had said. SEE ALSO: <a href="https://www.businessinsider.in/business/corporates/news/adani-hindenburg-row-mauritian-minister-rejects-shell-company-allegations/articleshow/100164083.cms">Adani-Hindenburg row: Mauritian minister rejects shell company allegations</a> <a href="https://www.businessinsider.in/entertainment/news/ipl-2023-scores-over-1300-crore-video-views-on-jiocinema-in-the-first-five-weeks/articleshow/100155165.cms">IPL 2023 scores over 1,300 crore video views on JioCinema in the first five weeks</a> <a href="https://www.businessinsider.in/investment/news/investment-supertrends-2023-ai-to-digitalisation-and-green-energy/articleshow/100126382.cms">AI to digitalisation and green energy: Supertrends defining investment for today and the future</a>

Air India pilots' union withdraws opposition to new wage agreement

In a major development, the <keyword id="64630" type="General" weightage="20" keywordseo="Indian-Commercial-Pilots-Association" source="Orion">Indian Commercial Pilots Association</keyword> (ICPA) and the <keyword id="64606" type="General" weightage="20" keywordseo="Indian-Pilots-Guild" source="Orion">Indian Pilots Guild</keyword> (IPG) of <keyword id="2573" type="General" weightage="20" keywordseo="air-india" source="Orion">Air India</keyword> have rejected the new pay structure proposed by the airline. The primary bone of contention is the reduction in flying allowance from 70 hours to 40 hours every month under the new structure, which the pilots believe is unfair. The two unions have warned of possible 'industrial unrest' if the management goes ahead with the new terms without their consent. While Air India has stated that it will "continue to engage with the remainder of its staff", the airline has taken a tough stance on the issue, saying that there are "no recognised unions in Air India". This is the first wage revision offered by the Tata group-owned Air India since its takeover last year, and it will affect all 3,000 pilots across its four airlines - Air India, <keyword id="6378232" type="General" weightage="20" keywordseo="Air-India-Express" source="Orion">Air India Express</keyword>, <keyword id="1625599" type="General" weightage="20" keywordseo="Air-Asia-India" source="Orion">Air Asia India</keyword>, and <keyword id="2467342" type="General" weightage="20" keywordseo="Vistara" source="Orion">Vistara</keyword>. The pilots' unions have instructed their members to reject the new employment conditions and wage structure offered by the management. An agreement has been put in place for the employees to sign by April 25, but the two unions have stated that they will contest the terms and conditions, with their pilots refusing to sign the revised employment and compensation terms. The two unions have warned of potential industrial unrest if the company takes any coercive or victimising action against their members. In a joint statement, the unions stated that the company reiterated that "all previous understandings, representations and agreements of whatever nature that have been entered into with us are null &amp; void and that the company further has the right to change any terms and conditions". "The term cost to the company for an assumed flying of 70 hrs is deliberately misleading and creates an impression of a generous compensation and accompanying benefits package. The actual guaranteed money being offered is only for 40 hrs. Effectively, any time a pilot is on leave or is unavailable due to recurrent training requirements or document/licence renewals, not to mention any sick leave, there is an automatic pay cut involved," the statement read. "The so-called rationalisations of allowances is not in line with any industry practices as projected by HR. Further, blanket consent is sought for any leave or insurance policy that the company may come up with &amp; which is subject to amendment or outright withdrawal. "Suffice it to say that this is not an all-inclusive list but merely a selection of some of the most outlandish and labour-hostile provisions that we have come across to date. This is dishonourable and how the management is trying to force it down the employees' throats is outright unethical," it added. "Nor has the blatant attack on our rights as workmen to bargain collectively or seek legal redressal for any injustice or victimisation gone unnoticed. Where is the company requirement all of a sudden to forcibly promote almost all the permanent workmen of the union to the so-called Senior Commander management cadre? It is clear from all this that there is a concerted effort to gut the unions and isolate pilots into individual boxes where they can be exploited and victimised at will by the HR department," the statement said. Meanwhile, Air India's spokesperson has defended the new compensation structure, which includes parity among different groups, recognition of managerial and supervisory roles for experienced pilots, and individual contracts sent to pilots and cabin crew for necessary paperwork. "The managerial and supervisory role played by the experienced pilots is also being recognised in the form of designating them as Senior Commander as also offering them a special monthly allowance. The contracts reflecting these enhancements were individually sent to the pilots and cabin crew for necessary paperwork," said the spokesperson. The spokesperson also claimed that a large number of pilots and cabin crew have already accepted the new contracts, and the salary improvements and advancement opportunities they enable. "The airline will continue to engage with the remainder of its staff through this process as currently there is no recognised union in Air India," the spokesperson said. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/corporates/news/rils-q4-to-be-driven-by-sustained-momentum-in-retail-business-o2c-to-see-modest-growth/articleshow/99629278.cms">RIL’s Q4 to be driven by sustained momentum in retail business, O2C to see modest growth</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/condom-maker-mankind-pharmas-4326-crore-ipo-to-open-next-week-on-april-25/articleshow/99614288.cms">Condom maker Mankind Pharma’s ₹4,326 crore IPO to open next week on April 25</a>

Air India pilots' unions reject proposed pay structure, warn of industrial unrest

The number of domestic air passengers in India is expected to double to about 300 million annually by 2030 and the country would still have a vast untapped market, Union Civil Aviation Minister <keyword id="19999763" type="General" weightage="100" keywordseo="jyotiraditya-scindia" source="keywords">Jyotiraditya Scindia</keyword> said on Thursday. Speaking at the inaugural session of Wings India 2024, a civil aviation conclave and exhibition here, <keyword id="19905342" type="General" weightage="20" keywordseo="scindia" source="keywords">Scindia</keyword> said India under the leadership of Prime Minister <keyword id="19895781" type="General" weightage="20" keywordseo="narendra-modi" source="keywords">Narendra Modi</keyword> in the last decade, has been a "shining star" on the global firmament of civil aviation. He said the number of airports and waterdromes will go up to over 200 from the existing 149 in the country. With 300 million passengers a year in 2030, India's aviation penetration would be at 10-15% and still be a potential market in the decades to come. "That is the potential that India holds not only to herself and Asia, but to the world. ...even with achieving 300 million domestic passengers by 2030, we will still be one of the most under-penetrated markets across the top 20 in the world. Today our penetration is roughly about 3 to 4% that will grow to about 10 to 15%. We still have 85% penetration to go," he said. He noted that the domestic air passenger traffic witnessed 15% growth (CAGR) while international air passenger traffic was 6.1%, in the last decade. According to Scindia, India today is the third largest domestic civil aviation market in the world and the seventh largest international civil aviation market in the world. If both domestic and international are combined, then India is the fifth largest civil aviation market in the world. In the last 15 years, domestic and international cargo witnessed a growth of 60 and 53% respectively. "Our domestic cargo traffic over the last 15 years has grown by close to 60% and our international cargo traffic, by close to 53%. And it is our considered opinion and that of industry consultants that domestic traffic which was 153 million in the last calendar year, up from 60 million in 2014, will grow to 300 million by 2030," he said. On the fleet size in the country, Scindia said it has grown from 400 to over 700. "Today, India has become the largest purchaser of aircraft in the world after the US and China. Our fleet size is going to grow from 713 to upwards of 2,000 in the next decade." Observing that 74 airports were built in 65 years, he said the government has modernized and built an additional 75 airports, waterdromes and heliports in the last 10 years. "It is our target, that by 2030, we will take that number from 149 to upwards of 200 airports, waterports and heliports in our country," he said. Scindia also marked the occasion by launching the Udan 5.3 scheme. "This regional connectivity scheme has truly transformed the arena and our sector... today under Udan, infrastructure has been built at 76 airports, waterdromes and heliports. Close to 517 new routes have been operationalised that could not have been dreamt of in the past," he said. Union Minister of State for Civil Aviation General (retd) VK Singh and Telangana Roads and Buildings Minister K Venkat Reddy also spoke on the occasion.

Air passenger traffic in India expected to reach 300 million by 2030: Jyotiraditya Scindia

Scientists at the Physical Research Laboratory (<keyword id="20215884" type="General" weightage="20" keywordseo="PRL" source="keywords">PRL</keyword>) in Ahmedabad have not only discovered a trio of craters on Mars, but have also received the honour of naming them. Several decades later, humanity might find itself roughing it out on Mars. Once we’re there, there’s no telling that we won’t get lost — it being a whole new planet and all that. But were one of us to lose our way somewhere around the <keyword id="22039720" type="General" weightage="20" keywordseo="Tharsis-volcanic-region" source="keywords">Tharsis volcanic region</keyword>, we might stumble upon a sign reading "Hilsa," followed by the faint strains of a familiar tune, the ever-popular Bhojpuri song Lollypop Lageli, drifting through the thin air. The team at PRL stumbled upon three craters in Mars’ Tharsis volcanic region, near the equator in the western hemisphere of the Red Planet. Among these, the largest, a behemoth spanning 65 kilometres, has been named "Lal Crater" after the esteemed Professor Devendra Lal, a former PRL director who left a lasting legacy in cosmic ray physics and space research. Adjacent to Lal Crater lie two smaller craters, each 10 kilometres wide. These bear the names "<keyword id="22039731" type="General" weightage="20" keywordseo="Mursan-crater" source="Orion">Mursan Crater</keyword>" and "<keyword id="22039732" type="General" weightage="20" keywordseo="Hilsa-crater" source="Orion">Hilsa Crater</keyword>," a heartening tribute to the <keyword id="22043228" type="General" weightage="20" keywordseo="Indian-towns" source="keywords">Indian towns</keyword> of Mursan (Uttar Pradesh) and Hilsa (Bihar). Mursan Crater honours the town of Mursan in Uttar Pradesh, the birthplace of Dr. Anil Bharadwaj, PRL's current director. Similarly, Hilsa Crater pays tribute to the town of Hilsa in Bihar, the hometown of Dr Rajeev Ranjan Bharti, a key PRL scientist involved in the discovery. This prestigious recognition by the <keyword id="20208943" type="General" weightage="20" keywordseo="International-Astronomical-Union" source="keywords">International Astronomical Union</keyword> (IAU), the ultimate authority on celestial body names, marks a significant milestone for India's growing role in planetary exploration. The true scientific significance, however, lies beneath the surface. Using NASA's Mars Reconnaissance Orbiter (MRO) equipped with the powerful SHARAD radar, the team peered through the Martian crust. What they found beneath Lal Crater was a game-changer: a massive 45-metre thick layer of sediment! This discovery is a scientific Rosetta Stone, unlocking secrets about Mars' watery past. The presence of such a thick layer of sediment strongly suggests that water once flowed freely on the Red Planet, carrying and depositing vast quantities of material over time. "This discovery confirms that Mars was once wet and water has flown on the surface," said Dr Anil Bhardwaj, Director of PRL. "It is a significant step in unravelling the planet's geological history and potential for harbouring life." In other news, scientists have also detected water frost at Mars' equator for the first time ever despite the thin atmosphere. This frost appears on Martian volcanoes in the morning and disappears quickly due to sunlight. The frost is very thin but could be a water resource for future astronauts! Meanwhile, the PRL team's findings, published in the Astrophysical Journal, not only add valuable pieces to the Martian puzzle but also showcase India's growing prowess in space exploration.

UP, Bihar towns on Mars? Indian scientists name newly discovered Martian craters Mursan and Hilsa

Senior Cabin crew members of Tata-owned <keyword id="6378232" type="General" weightage="100" keywordseo="air-india-express" source="Orion">Air India Express</keyword> (AIX) have voiced concerns over alleged breach of code of conduct by the company and sought the Union Civil Aviation Ministry's intervention in the matter. Senior staff claim that they are facing mental harassment and abrupt contract reductions, raising doubts about the airline's management practices. "As per the latest employment letter issued by the management, cabin crew members are not permitted to take part of any trade union activities. This decision has been made to break the unity and stop Union work in the name of Air India Express Employees Union registered under BMS," reads the letter sent by the AIX employees union to Civil Aviation Minister <keyword id="29632" type="General" weightage="50" keywordseo="jyotiraditya-scindia" source="Orion">Jyotiraditya Scindia</keyword>. The letter further claims that as per the recent decision taken by the HR team led by <keyword id="211858" type="General" weightage="50" keywordseo="anjali-chatterjee" source="Orion">Anjali Chatterjee</keyword>, contracts of four cabin crew members did not recommend for renewal without any reason of justification. The decision has been taken after conducting the assessment programme for contract renewal even after fulfilling all parameter's stipulated by management, the union claimed. "Nine numbers of cabin crew contracts were curtailed from five years to one and other members of the cabin crew received three years tenure. There is no parameter stipulated in company HR circular to issue conditional contract for one year. This curtailment was done based on the assessment program without revealing the cause of action. There was no transparency in Communication maintained," the union said. It further alleged harassment and torture by the company's assessment team. "During assessment led by <keyword id="19458308" type="General" weightage="50" keywordseo="megha-singhania" source="Orion">Megha Singhania</keyword>, cabin crew were asked and commented about their complexion, language and accent, and questioned the performance ability of female crew because of their motherhood who had reported post maternity leave. So this harassment creates mental stress for cabin crew when they are on duty which may affects the safety of passengers as well." The union also alleged that certain "unethical" practices have been observed within the organisation, including the manipulation of height measurements to affect BMI calculations for contract renewal. "The current height measurement equipment is non-calibrated, and this discrepancy has resulted in wrongful de-rostering of employees from duty. Furthermore, a distressing incident involving an Air India Express cabin crew member who suffered a spinal injury on duty and now faces a life in a wheelchair has brought to light issues of discrimination and lack of equal employment opportunities," reads the letter. "The employee's contract was terminated without considering ground work suitable for his limited abilities, leading to a legal dispute for justice. Although the Disability Commission ordered the allocation of an Assistant Operations role for one year, no actual job was assigned, and the contract termination was merely postponed. This situation contradicts the <keyword id="8555" type="General" weightage="50" keywordseo="tata" source="Orion">Tata</keyword> Code of Conduct's commitment to equal opportunities for all employees, regardless of disability," it added. The letter also suggested irregularities in recruitment and promotions by COO Pushpinder Singh. "Discrepancies in contract tenure for cabin crew members, favouritism, and monopolistic practices have raised concerns about fair labour practices within the organisation," the union alleged. "It is very shocking to know that under TATA banner Air India Express COO Capt. Pushpinder Singh running this organization as his own Whims and fancies. Pilot recruitment, Promotion etc. handling comes under him and he is mis utilising the authorities in a corrupted way. One of the cabin crew who has three warning letter in personal record and who is in good relation with him received full five year contract tenure where as other cabin crew who are part of union denied the justice and offered conditional contract for minor errors without a single warning letter. All these show how monopolistically he is driving the system in this reputed organisation," reads the letter. "Despite numerous attempts, our union has been denied the opportunity to discuss these concerns with CEO Mr. <keyword id="5778454" type="General" weightage="50" keywordseo="aloke-singh" source="Orion">Aloke Singh</keyword>, who appears resistant to addressing the issues raised. It is evident that there is a systemic problem, and we urge intervention to rectify the unjust treatment towards cabin crew employees at Air India Express Ltd. Your attention to this matter is crucial to upholding the principles of fairness, equality, and ethical conduct within the organisation," it added.

Air India Express crew members allege mental harassment, seek govt's intervention

The <keyword id="20163832" type="General" weightage="20" keywordseo="society-of-indian-automobile" source="keywords">Society of Indian Automobile</keyword> Manufacturers (<keyword id="108827" type="General" weightage="20" keywordseo="siam" source="Orion">SIAM</keyword>) and big auto players have hailed the Cabinet decision of PM e-DRIVE schemes aimed at promoting electric mobility across the country. The Rs 10,900 crore scheme will support 2,479,000 electric 2-wheelers, 316,000 electric 3-wheelers and 14,028 electric buses, along with 88,500 <keyword id="186291" type="General" weightage="100" keywordseo="ev" source="Orion">EV</keyword> charging sites. Shailesh Chandra, President of SIAM and Managing Director of Tata Motors Passenger Vehicles Ltd &amp; Tata Passenger Electric Mobility Ltd, expressed strong support for the government's forward-thinking initiative. Chandra said, "This forward-thinking initiative reflects the Government's unwavering support for <keyword id="19895063" type="General" weightage="20" keywordseo="india" source="keywords">India</keyword>'s transition to electric mobility, fostering innovation and investment within the sector. We believe this scheme will not only enhance the growth of the EV ecosystem but also strengthen India's leadership in the global movement towards environmental sustainability." Dr Anish Shah, Group CEO &amp; MD, Mahindra Group also commended government's efforts, specifically highlighting the comprehensive nature of the PM e-DRIVE scheme. Shah said, "We applause the government for launching the PM e-drive scheme. With continued focused support on 2Ws, 3Ws, e-buses and thoughtful addition of e-ambulances, the scheme will drive higher EV penetration in the country." M&amp;M noted that schemes like <keyword id="21028" type="General" weightage="20" keywordseo="fame" source="Orion">FAME</keyword> and <keyword id="48070" type="General" weightage="20" keywordseo="emps" source="Orion">EMPS</keyword> have already driven penetration of electric three-wheelers in India. "Investments laid out for fast charging infrastructure for all segments will help in increasing consumer confidence for faster adoption of EVs. FAME and EMPS have helped in 20 per cent e-3W penetration in the country. With PM e-drive, we foresee India becoming the first country to achieve 100 per cent electrification in this segment by 2030", he added. The Union Cabinet, on Wednesday, cleared the 'PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM e-DRIVE) Scheme,' with a total outlay of Rs 10,900 crore over two years. It includes Rs 3,679 crore in subsidies and demand incentives for e-2Ws, e-3Ws, e-ambulances, e-trucks, and other emerging electric vehicles. It is expected to support the deployment of 24.79 lakh e-2Ws, 3.16 lakh e-3Ws, and 14,028 e-buses, providing a significant push to India's EV ecosystem. A critical aspect of the scheme is the introduction of e-vouchers for EV buyers. At the time of purchase, an Aadhaar-authenticated e-voucher will be generated, which will enable buyers to avail of demand incentives. Additionally, the scheme allocates Rs 500 crore for the deployment of e-ambulances, marking a new initiative to integrate electric vehicles into essential public services. Another Rs 4,391 crore has been earmarked for the procurement of 14,028 e-buses, with a demand aggregation process led by CESL in nine major cities, including Delhi, Mumbai, and Bangalore. Intercity and interstate e-buses will also be supported in consultation with states. Furthermore, Rs 500 crore has been set aside to incentivize the adoption of e-trucks, a critical move given that trucks are one of the largest contributors to air pollution. The scheme encourages those with a scrapping certificate from <keyword id="19897457" type="General" weightage="20" keywordseo="ministry-of-road-transport" source="keywords">Ministry of Road Transport</keyword> and Highways-approved (MoRTH) vehicle scrapping centres to participate in this transition. With an allocation of Rs 2,000 crore, the scheme will support the installation of 22,100 fast chargers for four-wheelers, 1,800 fast chargers for e-buses, and 48,400 fast chargers for two- and three-wheelers. These chargers will be installed in cities with high EV penetration and along selected highways, making long-distance EV travel more viable.

Automobile industry hails PM e-DRIVE scheme to promote EVs

<keyword id="2573" type="General" weightage="100" keywordseo="air-india" source="Orion">Air India</keyword> has given more time to pilots to accept the revised compensation structure, which has been opposed by two pilot unions, according to a source. The decision to provide more time to pilots who are yet to sign the new contracts also comes days after Air <keyword id="3658" type="General" weightage="80" keywordseo="india" source="Orion">India</keyword> organised a town hall meeting with many pilots to discuss their concerns. The source said the airline has given time till the end of this week for signing the new contracts apparently due to requests from people who had not earlier accepted the revised compensation structure. There was no comment from Air India on extending the deadline. Initially, the deadline for accepting the new contracts had ended on April 30. The move to extend the deadline also comes at a time when crisis-hit Go First has stopped flying and its future remains uncertain, a scenario that has also resulted in many of the budget carrier's pilots seeking job opportunities elsewhere. The source said that nearly 800 pilots who had not accepted the new compensation structure had attended the town hall on May 4 that was addressed by Air India's Chief of Operations Captain <keyword id="466654" type="General" weightage="50" keywordseo="rajwinder-singh" source="Orion">Rajwinder Singh</keyword> Sandhu, who is also a pilot. On May 4, a pilot, who had attended the town hall, said Sandhu had assured that all issues can be sorted out and that no clause in the revised contracts would be misused. Issues related to seniority, career progression and roster rules, among others, were discussed. Air India has around 1,800 pilots and a significant chunk of them are yet to sign the revised contracts, according to another source. On April 28, Air India chief <keyword id="5863894" type="General" weightage="50" keywordseo="campbell-wilson" source="Orion">Campbell Wilson</keyword> said that a majority of pilots have accepted the new compensation package offered last week. Campbell had said the airline is making investments in workplace technology and training as well as in new and improved employee benefits. "On the latter front, I'm pleased to report that 90 per cent of cabin crew and a majority of pilots have received and accepted the new compensation package offered last week, which will be back-dated to 1 April 2023," he had said. On April 17, Air India rolled out a revamped compensation structure for its pilots and cabin crew. However, the same was rejected by two pilot unions -- Indian Commercial Pilots Association (ICPA) and Indian Pilots Guild (IPG) -- on grounds that the airline, in alleged violation of labour practices, did not consult them before finalising the new contracts. <keyword id="6355725" type="General" weightage="50" keywordseo="tata-group" source="Orion">Tata Group</keyword> took control of loss-making Air India from the government in January last year. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/india/news/fitch-affirms-indias-sovereign-rating-on-robust-growth-outlook-flags-weak-finances/articleshow/100093312.cms">Fitch affirms India's sovereign rating on robust growth outlook, flags weak finances</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/corporates/news/iphone-2022-revenue-higher-than-gdp-of-160-countries/slidelist/100077106.cms">9 interesting facts about iPhone maker Apple, ‘the best business in Berkshire’s portfolio’</a>

Air India gives more time to pilots to accept revised compensation structure

<keyword id="2573" type="General" weightage="20" keywordseo="Air-India" source="Orion">Air India</keyword> will hire more than 1,000 pilots, including captains and trainers, as the <keyword id="8555" type="General" weightage="20" keywordseo="Tata" source="Orion">Tata</keyword> Group-owned airline expands its fleet and network. The airline, which currently has more than 1,800 pilots, has placed orders for 470 aircraft with <keyword id="6357957" type="General" weightage="20" keywordseo="Boeing" source="Orion">Boeing</keyword> and <keyword id="6356166" type="General" weightage="20" keywordseo="Airbus" source="Orion">Airbus</keyword>, including for wide-body planes. The latest Airbus firm order comprises 210 A320/321 Neo/XLR and 40 A350-900/1000. The Boeing firm order comprises 190 737-Max, 20 787s and 10 777s. The carrier, which was taken over by the Tata Group in January last year, is hiring more than 1,000 pilots, according to an advertisement on Thursday. "We are offering multiple opportunities and accelerated growth across our A320, B777, B787 and B737 fleet for captains and first officers, as well as trainers," it said, adding that more than 500 aircraft are joining its fleet. Meanwhile, pilots of Air India have raised concerns about the airline's latest decision to revamp their salary structure and service conditions. On April 17, Air India rolled out a revamped compensation structure for its pilots and cabin crew, which has since been rejected by the two pilot unions - Indian Commercial Pilots Association (<keyword id="12415576" type="General" weightage="20" keywordseo="ICPA" source="Orion">ICPA</keyword>) and Indian Pilots Guild (IPG) - on grounds that the airline, in alleged violation of labour practices, did not consult them before finalising the new contracts. Tata Group has four airlines - Air India, Air India Express, AIX Connect and Vistara, which is a joint venture with Singapore Airlines. The group is in the process of merging Air India Express and AIX Connect as well as Vistara with Air India. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/pepsi-onboards-samantha-ruth-prabhu-as-its-brand-ambassador/articleshow/99808470.cms">Pepsi onboards Samantha Ruth Prabhu as its brand ambassador</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/lt-technology-services-shares-rally-nearly-7-post-q4-earnings/articleshow/99807496.cms">L&amp;T Technology Services shares rally nearly 7% post Q4 earnings</a>

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