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The Maharashtra government has declared a day of mourning on Thursday (October 10) to honour the late <keyword id="19981455" type="General" weightage="100" keywordseo="Ratan-Tata" source="keywords">Ratan Tata</keyword>, a towering figure in Indian industry, who passed away on Wednesday night at the age of 86. Tata, celebrated for leading the <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> to international acclaim, died at Breach Candy Hospital in Mumbai following a brief illness. In the early hours of Thursday morning, his remains were transported from the hospital to his Colaba residence, accompanied by a police escort. Several prominent figures, including Maharashtra Chief Minister <keyword id="19913631" type="General" weightage="20" keywordseo="Eknath-Shinde" source="keywords">Eknath Shinde</keyword>, Deputy Chief Minister Devendra Fadnavis, Education Minister Deepak Kesarkar, and industrialist Mukesh Ambani, visited the hospital upon learning of his passing. The Maharashtra Chief Minister’s Office confirmed that, as a mark of respect, the state flag would be flown at half-mast on Thursday, and all entertainment activities would be paused for the day. The public will have the opportunity to pay their respects to Ratan Tata at the National Centre for the Performing Arts (NCPA) in south Mumbai, where his body will lie in state from 10 am to 3:30 pm. Tata’s final rites are scheduled to be performed later on Thursday in Worli. Meanwhile, Maharashtra Chief Minister Eknath Shinde announced late Wednesday night that Ratan Tata will be accorded a state funeral. In a post on X, CM Shinde described Tata as a “unique blend of morality and entrepreneurship” and hailed him as a living legend who successfully led the Tata Group, a conglomerate with a 150-year legacy. “Ratan ji Tata’s mortal remains will be accorded a state funeral,” Shinde said as per a PTI report. Praising Tata’s legacy, Shinde said that the industrialist will remain a source of inspiration for future generations of entrepreneurs. He also recalled Tata’s unwavering strength during the 26/11 terror attacks, when the Tata Group’s Taj Hotel in Colaba was one of the primary targets of the 2008 tragedy. “His resoluteness during the 26/11 terror attack will always be remembered,” the Chief Minister added. Tata, born on 28 December 1937 in Mumbai, was the driving force behind the growth of the Tata Group from 1991 until his retirement in 2012. He was also known for his philanthropy, serving as Chairman of the <keyword id="20869864" type="General" weightage="20" keywordseo="Ratan-Tata-Trust" source="keywords" meta.keywordsubtype="org" meta.entityname="Ratan Tata Trust" meta.hostid="261" meta.entityid="Ratan Tata Trust">Ratan Tata Trust</keyword> and Dorabji Tata Trust, two of India’s largest private-sector philanthropic organisations. In 2008, he was honoured with the Padma Vibhushan, the country’s second-highest civilian award. (With PTI inputs)

Ratan Tata to be accorded state funeral, Maharashtra declares day of mourning to honour Tata Group chairman

New Delhi: The central government has approved the appointment of a new Chairman and <keyword id="19899229" type="General" weightage="20" keywordseo="Managing-Director" source="keywords">Managing Director</keyword> of the <keyword id="19934368" type="General" weightage="100" keywordseo="State-Bank-of-India" source="keywords" meta.keywordsubtype="org" meta.entityname="State Bank of India" meta.hostid="261" meta.entityid="State Bank of India">State Bank of India</keyword> (<keyword id="19898108" type="General" weightage="20" keywordseo="sbi" source="keywords">SBI</keyword>) as the current Chairman, <keyword id="20944427" type="General" weightage="20" keywordseo="Dinesh-Kumar-Khara" source="keywords">Dinesh Kumar Khara</keyword>, is set to retire on August 28. According to a notification by the Department of Personnel &amp; Training, the Appointments Committee of the Cabinet (ACC) on August 6 approved the proposal of the Department of Financial Services for the appointment of <keyword id="22230591" type="General" weightage="20" keywordseo="Challa-Sreenivasulu-Setty" source="keywords">Challa Sreenivasulu Setty</keyword> as chairman of SBI. The ACC has approved the appointment of Setty, 59, the current Managing Director (MD) of SBI as the new Chairman of the country's biggest lender, for a period of three years, effective from the date he assumes office, on or after August 28, 2024. The government order states, "The Appointments Committee of the Cabinet (ACC) has approved the proposal of the Department of Financial Services for the appointment of Shri Challa Sreenivasulu Setty (DOB: 26.09.1965), Managing Director (MD), State Bank of India (SBI) as Chairman, SBI for a period of three (03) years w.e.f. the date of assumption of charge of the office, on or after 28.08.2024." Additionally, Rana Ashutosh Kumar Singh, the current Deputy Managing Director (DMD) of SBI, has been appointed as the new Managing Director. His appointment will take effect from the date he assumes office. The government order read, "The Appointments Committee of the Cabinet (ACC) has approved the proposal of the Department of Financial Services for appointment of Shri Rana Ashutosh Kumar Singh, Deputy Managing Director (DMD), State Bank of India (SBI) as Managing Director (MD) in SBI with effect from the date of assumption of office." According to SBI, Challa Sreenivasulu Setty joined the Board of SBI as Managing Director in January 2020 and currently oversees International Banking, Global Markets, and Technology wings of the Bank. He has previously headed the Retail &amp; Digital Banking vertical and various task forces/committees formed by the Government of India. Setty holds a Bachelor of Science in Agriculture and is a Certified Associate of the Indian Institute of Bankers. He began his career with SBI in 1988 as a Probationary Officer. Over his three-decade-long career, he has gained rich experience in corporate credit, retail, digital, and international banking, as well as banking in developed markets. Setty has also held key positions within SBI, including Deputy Managing Director - Stressed Assets Resolution Group, Chief General Manager, and General Manager in the Corporate Accounts Group, Deputy General Manager in the Mid-Corporate Group, and Vice President &amp; Head (Syndications) at SBI's New York Branch. (ANI)

Centre approves appointments of new Chairman, Managing Director of State Bank of India

<ul><li><keyword id="19897349" type="General" weightage="20" keywordseo="Ola-Electric" source="keywords" meta.keywordsubtype="org" meta.entityname="Ola Electric" meta.hostid="153" meta.entityid="Ola Electric">Ola Electric</keyword> has announced its plans to expand its sales and service infra to 10,000 outlets.</li><li>The company said it plans on reaching this by the end of 2025 and has initiated a network partner programme.</li><li>The programme is aimed at pushing sales into tier-2 and tier-3 cities.</li></ul>Bhavish Aggarwal-led Ola Electric on Thursday said it will establish 10,000 sales and service outlets by the end of 2025 to expand its reach across smaller cities and towns. The electric two-wheeler maker said it has initiated a network partner programme aimed at taking EV sales further into tier-2 and tier-3 cities, including urban pockets where EV penetration remains low. Under the initiative, the company has reportedly on-boarded 625 partners to expand its sales footprint across India, it said in a statement. The company further plans to have 1,000 partners ahead of the festive season this year, it added. <div type="twitter" handle="bhash" handlename="bhash" favoritecount="0" retweetcount="0" id="1839215479480549447"></div> Ola Electric said it aggressively plans to expand its network by on-boarding 10,000 partners, across sales and service, by the end of 2025. This, the company claims will give it an edge over its competitors. The company currently has around 800 company-owned stores, and with the network partner programme, it will have nearly 1,800 sales and service touch points ahead of the upcoming festive season. "Our D2C model has been extremely successful in driving sustainable business growth. The Network Partner Program will further amplify the benefits of our D2C network as it requires limited capital investment from partners and can be scaled up really fast," Ola Electric Chairman and MD Bhavish Aggarwal stated. While the company-owned stores will be the anchors of sales and service network, this programme will be instrumental in expanding the EV footprint deeper into the urban and rural markets, he added. "We will continue to expand and invest in our front-end network to accelerate EV adoption to #EndICEAge, and by the end of next year, will have 10,000 Network Partners across the country," Aggarwal said. Ola Electric sells electric scooters and bikes priced from ₹74,999 to ₹1,99,999. Ola Electric reported a sale of 27,506 units in August 2024, up from 18,749 vehicles sold in August 2023, reporting a 46.7% year-on-year growth. This is however lower than its July 2024 sales of 41,711 vehicles. The sale of <keyword id="19895203" type="General" weightage="20" keywordseo="electric-vehicles" source="keywords">electric vehicles</keyword> has slowed down, amid reduced subsidies, an increase in customer issues with the vehicles and more. With inputs from agencies. SEE ALSO: <a href="https://www.businessinsider.in/business/telecom/news/airtel-is-using-ai-powered-technology-to-block-spam-calls-and-messages/articleshow/113691942.cms">Airtel is using AI-powered technology to block spam calls and messages</a> <a href="https://www.businessinsider.in/stock-market/webstories/diffusion-engineers-ipo-quick-review-ipo-gmp-risk-factors-and-more/slidelist/113687580.cms">Diffusion Engineers IPO quick review – IPO GMP, risk factors and more</a> <a href="https://www.businessinsider.in/stock-market/news/manba-finance-ipo-allotment-how-to-check-allotment-ipo-gmp-listing-date-and-more/articleshow/113667907.cms">Manba Finance IPO allotment – How to check allotment, IPO GMP, listing date and more</a>

Ola Electric plans to expand sales and service infra to 10,000 outlets by 2025-end

New Delhi: <keyword id="23094102" type="General" weightage="100" keywordseo="Ingka-Centres" source="keywords" meta.keywordsubtype="org" meta.entityname="Ingka Centres" meta.hostid="261" meta.entityid="Ingka Centres">Ingka Centres</keyword>, a part of Ingka Group that operates <keyword id="19948265" type="General" weightage="20" keywordseo="IKEA" source="keywords" meta.keywordsubtype="org" meta.entityname="IKEA" meta.hostid="261" meta.entityid="IKEA">IKEA</keyword> retail, will invest 607 million euros (about Rs 5,500 crore) to set up its second meeting place in India at <keyword id="19895934" type="General" weightage="20" keywordseo="Noida" source="keywords">Noida</keyword> under the <keyword id="23094103" type="General" weightage="20" keywordseo="Lykli" source="keywords" meta.keywordsubtype="org" meta.entityname="Lykli" meta.hostid="261" meta.entityid="Lykli">Lykli</keyword> brand, taking its overall <keyword id="19895437" type="General" weightage="20" keywordseo="investment" source="keywords">investment</keyword> in the country to a 1 billion euros, according to the company's Global Expansion &amp; Development Director Sebastian Hylving. It is betting big on the Indian market and is looking at expanding where IKEA plans to open its outlets in the country, although the opening of its first meeting place in Gurugram -- Lykli Gurugram -- has been pushed to 2026 from the originally planned opening in late 2025. The company on Monday unveiled the second IKEA-anchored meeting place in India at Noida which will offer a blend of retail, dining, hospitality, co-working spaces, entertainment, and cultural experiences tailored to the needs of modern urban residents. "It (Lykli Noida) is at an investment of 607 million euro...that investment is purely for the Noida project, and then we have an investment for GMP (Gurugram meeting place) as well. So I think it's around 1 billion (euro) in total for the two first projects and we don't see that it will stop with these two centres," Hylving told PTI in an interview. Last year the company had announced that it planned to open the first meeting place, Lykli Gurugram -- where it is investing 400 million euros (around Rs 3,500 crore), in late 2025. On the timeline for the opening of Lykli Gurugram, he said, "We had an intention (for late 2025). When you start up a project at an early stage, you set the target but once you get closer to understanding the full process, then you see what is achievable. So, 2026 is what we're talking for the opening of Lykli Gurugram." Elaborating further on the roadmap for Ingka Centres in India, he said, "We are looking for more opportunities, both brownfield and greenfield opportunities...We follow IKEA's expansion..." India is among the top three markets globally for IKEA and it will continue to be. There are big opportunities in India -- a big country with a lot of positive signals in terms of market growth, high education level, good qualified people, demographics is shifting in the right direction, he added. "We are looking at the locations where IKEA is now looking for opportunities. Sometimes it's possible, sometimes it's not. The cities that IKEA are looking at expanding, that is also cities that are on our map. If we can find a way together, then that's our preferred approach forward," Hylving said. On Lykli Noida, he said it will create 9,000 jobs and it will be Ingka Centres' first meeting place in the world with a hotel as part of the mixed-use development. "We're looking at opening in 2028," he said adding Lykli Noida will have around 240 partners, a hotel with 267 keys and two office towers. It is expected to attract more than 25 million visitors, Ingka Centres said. Ingka Centres offers shopping places, office space, food and beverage outlets and social activities collaborating with the local community. It works with over 3,000 brands across its portfolio of 35 meeting places in 13 markets globally. <keyword id="20385220" type="General" weightage="20" keywordseo="IKEA-India" source="keywords" meta.keywordsubtype="org" meta.entityname="IKEA India" meta.hostid="261" meta.entityid="IKEA India">IKEA India</keyword> CEO and Chief Sustainability Officer Susanne Pulverer said,"IKEA has a long-term commitment to Delhi NCR to create a positive impact on the local economy through our business. The unveiling of Lykli Noida is a major milestone in our India growth journey." Together with Ingka Centres, IKEA will become a strong contributor to increase the overall home furnishing market and bring a unique retail experience, she added. Uttar Pradesh Chief Minister Yogi Adityanath said the unveiling of Lykli in Noida marks a significant step forward in the development of the state as a hub of modern urban living. "The project not only reflects the growth and development of Noida but also aligns with our vision of creating sustainable, community-focused spaces across the state," he added.

Ingka Centres to invest Rs 5,500 crore in India on second meeting place at Noida

<keyword id="19895061" type="General" weightage="100" keywordseo="goa" source="keywords">Goa</keyword> is a popular tourism destination in India and is known for its gorgeous beaches, nightlife, and food. The popular destination hosts millions of tourists every year and for some, it is just a couple hours of drive away. However, international travellers don't find it that easy to get to the destination, as per a new PTI report. The report says that even though Goa is increasingly a popular choice for international travellers, it requires government support to make it more accessible to foreigners. In a media statement, the department said that charter flights from key markets like Russian cities Moscow and Ekaterinburg, London, Uzbekistan, and Kazakhstan, support international arrivals. A Polish charter flight is also set to arrive in the coastal state on November 8. The statement added that this international interest extends beyond Goa’s iconic beaches, with tourists increasingly exploring areas like Dudhsagar Falls and scenic hinterlands. To further boost connectivity, Goa is collaborating with airlines and seeking government support to improve flight routes, creating a more globally connected tourism landscape. "However, establishing robust direct international connectivity requires further support from the Government of India, which we are actively seeking to make Goa an even more attractive, accessible, and globally connected destination," a spokesperson said. He added that after pandemic disruptions, Goa’s international tourism is rebounding, with over 450,000 foreign arrivals recorded in 2023. Alongside domestic visitors, totaling over 8 million this year, the state’s tourism sector is also thriving. Addressing challenges like limited direct flights, Goa’s tourism officials are working to secure new airline agreements, ensuring an easier journey for international visitors. He also talked about the challenges that the tourism destination is facing, including limited connectivity by air. "Goa does face some challenges. For example, limited scheduled international air connectivity. The state government is working closely with the Centre to relook at point of call and additional seat entitlement for Goa, to establish more robust international connections," he said. (with PTI inputs)

This Indian state is attracting international tourists via chartered flights, needs support to make itself more accessible

<keyword id="22639420" type="General" weightage="20" keywordseo="Giant-Radio-Galaxies" source="keywords">Giant Radio Galaxies</keyword> (<keyword id="22639421" type="General" weightage="20" keywordseo="GRGs" source="keywords">GRGs</keyword>) are <keyword id="22639422" type="General" weightage="20" keywordseo="radio-galaxies" source="keywords">radio galaxies</keyword> that have expanded to sizes spanning megaparsecs. To put this in perspective, while the Milky Way galaxy is approximately 100,000 light-years wide, GRGs stretch across millions of light-years. Ironically, it is their immense size that makes GRGs rare and challenging to detect. One possible formation scenario for GRGs involves the powerful <keyword id="22639424" type="General" weightage="20" keywordseo="radio-jets" source="keywords">radio jets</keyword> from a galaxy extending into relatively empty regions of <keyword id="22639423" type="General" weightage="20" keywordseo="intergalactic-space" source="keywords">intergalactic space</keyword>. In an astonishing leap forward for astronomy, a team of Indian researchers has uncovered 34 new GRSs using the Giant Metrewave Radio Telescope (<keyword id="22632818" type="General" weightage="20" keywordseo="GMRT" source="keywords">GMRT</keyword>). This discovery, not only a testament to India's growing prominence in the field of <keyword id="19929542" type="General" weightage="20" keywordseo="space-exploration" source="keywords">space exploration</keyword>, provides fresh insights into the enigmatic behaviour of the universe’s largest and most mysterious structures. <div type="Article" hostid="261" msid="111810338" title="Noisy neighbour: The Earth randomly blasted Venus with a Missy Elliott hip-hop song last week, because why not?" mstype="2" mssubtype="0"></div> This groundbreaking discovery stems from the <keyword id="21237895" type="General" weightage="20" keywordseo="TIFR" source="keywords">TIFR</keyword> GMRT Sky Survey (TGSS), conducted between 2010 and 2012. Covering about 90% of the sky at 150 MHz, the survey has become a treasure trove for astronomers. The team, comprising PhD students Netai Bhukta and Souvik Manik, and astronomers Sabyasachi Pal and Sushanta K Mondal, delved into the TGSS Alternative Data Release 1, leveraging GMRT’s exceptional sensitivity at low frequencies to uncover these colossal structures. Giant radio sources are cosmic behemoths, stretching millions of light-years across and representing the final stage of radio galaxy evolution. Their sheer size and rarity have long puzzled scientists. The recent discovery of 34 new GRSs, among the most distant ever detected, challenges the prevailing theories about their growth. Notably, two of these objects defy the conventional understanding that GRSs predominantly expand in low-density environments, suggesting that other factors contribute to their enormous size. <div type="Article" hostid="261" msid="111855546" title="Budget 2024: How will budget affect India’s position in the global space race?" mstype="2" mssubtype="0"></div> The GMRT, operated by the National Centre for Radio Astrophysics (NCRA) of the Tata Institute of Fundamental Research (TIFR), is situated near Khodad village, 90 km north of Pune. This state-of-the-art facility has placed India at the forefront of radio astronomy, enabling scientists to peer deep into the universe and uncover its secrets. The success of this discovery underscores India’s growing capabilities and ambitions in space research, marking a significant milestone for the country’s scientific community. The study of GRSs is not merely an academic exercise; it has profound implications for our understanding of the universe. These giant structures provide critical insights into the behaviour of the intergalactic medium and the complex interactions between black holes and their surrounding environments. By examining these massive entities, scientists can better understand the distribution of matter in the cosmos and the forces shaping the evolution of galaxies. With plans to present new GRS samples in forthcoming articles, the researchers aim to conduct detailed analyses based on multiwavelength observations. These studies will further unravel the mysteries surrounding the formation and growth of giant radio sources, contributing to our broader understanding of the universe.

You Searched For "Centre state" and got 6 results

Ratan Tata to be accorded state funeral, Maharashtra declares day of mourning to honour Tata Group chairman

BI India Bureau

Centre approves appointments of new Chairman, Managing Director of State Bank of India

ANI

Ola Electric plans to expand sales and service infra to 10,000 outlets by 2025-end

Sourabh Jain

Ingka Centres to invest Rs 5,500 crore in India on second meeting place at Noida

PTI

This Indian state is attracting international tourists via chartered flights, needs support to make itself more accessible

BI India Bureau

Indian astronomers have found 34 new giant alien radio sources using the GMRT near Pune!

BI India Bureau

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