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<ul class="summary-list"><li>Autry Stephens sold his oil company for $26 billion but died before the deal was completed.</li><li>The Texan farm boy became an oil tycoon by betting big, minimizing costs, and working tirelessly.</li></ul>Autry Stephens spent 45 years building one of the nation's largest private oil producers and finally agreed to sell it for $26 billion this year — but <a target="_blank" class="" href="https://www.businessinsider.com/oil-deals-autry-stephens-endeavor-diamondback-energy-billionaires-rich-list-2024-8">died before the deal closed</a>.The Texas farm boy became an oil tycoon by taking big risks, pinching pennies, hustling hard, and finding ways to survive when others failed. Here's the story of his life and his last big deal.<h2 id="36c5efde-9e9d-4363-a20b-58af577cef02">Drilling down</h2>Stephens was born in 1938, raised on a fruit-and-peanut farm in the Texas town of DeLeon, and studied petroleum engineering at the University of Texas at Austin's engineering school, according to a profile on its website.His first job after graduating was at Humble Oil, an ExxonMobil predecessor. He promptly took two years out to join the US Army Corps of Engineers as a lieutenant and platoon leader in charge of installing pipelines before rejoining Humble for five years.His next gig was as an appraisal engineer for a bank in Midland, Texas. Next, he struck out on his own as an independent consulting engineer.Stephens was in his forties by the time he drilled his first well in 1979. He plowed his life savings into the prospect, which "wasn't very smart," he told The Wall Street Journal in February.Over the next 45 years the <a target="_blank" class="" href="https://www.businessinsider.com/rise-fall-of-energy-titan-aubrey-mcclendon-2016-3">wildcatter</a> established Big Dog Drilling Company, which had a single rig at first, and then Endeavor Energy Resources. He built his business into one of the biggest oil exploration and production companies in the <a target="_blank" class="" href="https://www.businessinsider.com/us-oil-production-boom-crude-supply-wti-price-goldman-sachs-2024-7">Permian Basin</a> of West Texas and New Mexico.Endeavor now owns 410,000 net acres across multiple basins, boasts thousands of wells, and produces more than 420,000 gross operated barrels of oil equivalent per day, according to its website.<h2 id="aa67b277-e6a4-4fa5-b4a7-93fd25904d00">Striking oil</h2>Stephens competed with the oil majors as an underdog, purchasing wells they deemed too costly to bring online. He drove down costs by drilling one well at a time, and <a target="_blank" class="" href="https://www.businessinsider.com/learn-from-elon-musk-vertical-integration-leadership-spacex-tesla">buying or setting up</a> his own fracking, trucking, construction, and oil services companies.When rivals faltered during industry downturns, Stephens bought cheap mineral rights and acquired businesses for his stable. He stayed afloat when crude prices plunged in <a target="_blank" class="" href="https://www.businessinsider.com/2008/9/oil-to-91-as-global-economy-collapses">2008</a> and <a target="_blank" class="" href="https://www.businessinsider.com/oil-drops-to-five-year-low-2014-12">2014</a> by shutting down his rigs, flogging assets, and securing new lenders, per the Journal. He also issued long-term bonds and stabilized the selling prices for his oil using futures contracts, per Bloomberg.Endeavor has been riding high on the <a target="_blank" class="" href="https://markets.businessinsider.com/news/commodities/us-oil-production-outlook-opec-cuts-saudi-arabia-flood-market-2023-12">US shale wave</a> since 2016, when it shifted its focus to fracking and horizontal drilling. Stephens told the Journal that he'd been fending off buyout offers from ExxonMobil and Shell for years.He finally accepted a $26 billion deal for Endeavor from Diamondback Energy in February. One big reason was that he'd been diagnosed with cancer, and the disease was taking a physical toll on him, he told the Journal.<h2 id="b62e82ef-8d34-46c7-8e7e-b3a8b1bf3940">Work hard, spend little</h2>Stephens was renowned for his zealous <a target="_blank" class="" href="https://www.businessinsider.com/personal-finance/good-worth-ethic-working-class-2022-7">work ethic</a>. The Journal reported that he often went to Endeavor's offices at weekends, and marched up and down the staircases for exercise.He also took a leaf out of Warren Buffett's <a target="_blank" class="" href="https://www.businessinsider.com/how-warren-buffett-spends-money-net-worth">frugal billionaire</a> playbook. He flew cheaply with <a target="_blank" class="" href="https://www.businessinsider.com/southwest-airlines-history-2021-8">Southwest Airlines</a>, drove a <a target="_blank" class="" href="https://www.businessinsider.com/warren-buffett-cadillac-car-upgrade-gm-barra-berkshire-hathaway-police-2024-3">beaten-up</a> Toyota Land Cruiser, and didn't take any money out of Endeavor for many years, sources told the Journal.Stephens also kept a low profile. One of his few moments in the spotlight was on a truTV documentary called "Black Gold," which followed workers on one of his rigs as they scrambled to complete four wells in 50 days.<h2 id="cb02d0f0-d63c-4642-9b75-a912624e83d2">Missing out</h2>Diamondback is <a target="_blank" class="" href="https://www.businessinsider.com/endeavor-energy-autry-stephens-net-worth-career">set to buy</a> Endeavor for $8 billion in cash and 117 million shares.The merger promised to quadruple Stephens' net worth to more than $23 billion on paper, vaulting him to 85th place on the Bloomberg Billionaires Index and making him America's wealthiest oilman.Stephens has now been removed from the rich list following his death on August 16 at the age of 86. He was previously listed as gaining some $17 billion this year — more than <a target="_blank" class="" href="https://www.businessinsider.com/elon-musk">Elon Musk</a> (up $4.2 billion), Microsoft's <a target="_blank" class="" href="https://www.businessinsider.com/how-former-microsoft-ceo-steve-ballmer-spends-fortune-2024-7">Steve Ballmer</a> (up $11.8 billion), and Asia's richest person, <a target="_blank" class="" href="https://www.businessinsider.com/ambani-richest-family-in-asia-india-lifestyle-home-wedding-photos-2018-12">Mukesh Ambani</a> (up $16 billion).The wildcatter died shortly before the deal's expected fourth-quarter close. But given Stephens' disinterest in living large, it's unlikely he felt bitter about missing out. His family is set to receive the payment instead.Stephens told the Journal in February he had "mixed emotions" about selling the company he'd built over more than four decades. He viewed his workforce as a "kind of a little family" and would miss them.

Autry Stephens sold his company for $26 billion but died before the deal was done. Here's how a Texas farm boy became an oil tycoon.

New Delhi [India], December 21: While making significant strides in various sectors, there are leaders in India who are standing out for their work worldwide. The "Global <keyword id="397956" type="General" weightage="20" keywordseo="indian-leaders" source="Orion">Indian Leaders</keyword> 2023" list curated by World Brand Affairs has featured leaders from across the country who are known for their innovative, resilient, and persistent approach to functioning in their respective industries. These people are heading towards new heights and establishing standards for excellence. The list honors their outstanding efforts and accomplishments which have propelled their companies to unbound success. Their inclusion in the list highlights their exceptional abilities to navigate challenges, adapt to changing market trends, and consistently deliver groundbreaking results. Gaurav Munjal, CEO of Unacademy Gaurav Munjal is the co-founder and CEO of Unacademy, India's largest online learning platform. With a vision to democratize education, Munjal pioneered Unacademy's growth, transforming it into a leading ed-tech powerhouse. His innovative leadership has revolutionized accessible and quality education, empowering millions of learners across the globe. Kunal Shah, Founder of CRED Kunal Shah is the founder and CEO of CRED, a fintech startup revolutionizing credit card payments in India. As a serial entrepreneur, Shah previously founded FreeCharge, later acquired by Snapdeal. His innovative approach to creating rewarding credit experiences has helped CRED to redefine credit card usage while fostering financial literacy. Ashish Hemrajani, Co-founder and CEO of BookMyShow Ashish Hemrajis the co-founder and CEO of BookMyShow, India's leading online entertainment ticketing platform. Hemrajani's unique idea revolutionized the way people book tickets for movies, events, and live performances. His ingenious leadership transformed BookMyShow into a cultural phenomenon, reshaping the access to entertainment industry across the country. Fardin Sheikh, Managing Director at Wizence Group Fardin Sheikh is a seasoned professional with over 25 years of exemplary leadership experience, earning him recognition as a Distinguished Digital Transformation Leader. His dynamic career spans across various roles, showcasing a remarkable blend of strategic vision, project management acumen, and a strong commitment to driving digital innovation. Pariksha Rao, Founder of NuWe Starting as a Clinical Nutritionist, Pariksha Rao has morphed into various roles with the intent to help demystify and democratize healthcare. From maternal well-being to fetal health and tailored nutrition for weaning kids to teens, her work has helped impact over 200,000 lives over nearly two decades of her career. She continues to amplify her impact with NuWe. Poojaa Choprah, CEO and MD of Felix Impex Poojaa Choprah, a visionary CEO &amp; MD of Felix Impex Pvt Ltd., and founder of PNA ORIGINE, is renowned for strategic business acumen and market expansions. A trailblazer in entrepreneurship, her global fashion insights, artistic fervor as a Kathak dancer, and bespoke training expertise redefine success, weaving innovation and cultural fluency into her vibrant career. Amandeep Kaur Khangura, Director of Tru Prime Amandeep is a Canadian born entrepreneur who moved to India in 2011, and acquired Indian Citizenship to follow her passion to bring social empowerment in rural Punjab. During her time in Canada, Amandeep chaired HR &amp; Finance for a $500M project. Currently, in India, she operates Majara Dairy Farm which has 2,600 livestock and is the largest dairy farm operator in Punjab and one of the largest in India. Pt. Dr Sanjeev Kumar Srivastava, Nadi and Vedic Celebrity Astrologer Renowned globally as a luminary in Nadi and Vedic astrology, Pt. Dr. Sanjeev Kumar Srivastava is celebrated across 70+ nations for his remarkable precision in predictions &amp; teaching Nadi Astrology. With an illustrious career spanning 27 years, his astonishing success rate of 95-97% and expertise in Nadi Nakshatra Sutras exemplify his command in the celestial arts. Dr Prachiti Punde, Director of Proluxe Dr Prachiti Punde is a powerhouse in Integrated Medicine, Director of Proluxe Pvt Ltd, and Mrs. Universe Tolerance 2021. She transforms health and lifestyle with an exclusive GLAMOWELL multi-experience centre and revolutionizes wellness with patented tools and a unique mobile app. Along with being a spiritually blessed child, she is also an Anesthetist and mindskills Trainer with 15+ books published. Sanju Pudyandil, Founder of Whitespace Brand Consulting Sanju Pudyandil, a luminary in brand management and marketing, launched Whitespace Brand Consulting after honing his expertise at Ray+Keshavan, presently Super Union. Renowned for orchestrating transformative corporate revamps, he spearheaded impactful makeovers for illustrious brands like Canara Bank, Trident Hotels, J&amp;K Bank, Punj Lloyd, CEAT Tyres, and Fair &amp; Lovely, among others. Stuti Galiya, Partner at Khaitan &amp; Co. Stuti, an esteemed Advocate and solicitor, serves as a Partner at Khaitan &amp; Co., excelling in mergers &amp; acquisitions, private equity, corporate laws, commercial contracts, and foreign investments. Recognized as the "Luxury Retail Lawyer of the Year 2023" by APAC Insider, her expertise in the luxury retail sector marks her as an ingenious leader in the Asia-Pacific legal domain. Srividhya, Founder of HITECH Engineering Solutions (India) Srividhya, founder of HITECH Engineering Solutions (India) holds a deeply rooted legacy in Construction since 1998. Her indomitable optimism defied industry challenges, establishing a prominent platform despite male-dominated norms. Under her guidance, the company thrives as a certified SSI unit with ISO 9001:2015, ISO 14001:2015 &amp; OHSAS 4500: 2018 qualifications, renowned for cost-effective solutions nationwide and across Asia. Debabrata Sarkar, CMD at MicroAlgae Solutions Debabrata Sarkar is an agricultural innovator with 26+ years of global experience. Armed with a BCKVV agriculture degree and IIM Kolkata alumni status, he led strategic units for esteemed firms in Asia Pacific. He is currently serving as the CMD at MicroAlgae Solutions India Pvt Ltd, a subsidiary of AlgaEnergy Spain. Mogilipuri Krishna Chaitanya, Director at Wonder View Media As a Director at Wonder View Media Pvt Ltd, a CMPTL franchise specializing in IT services and Business Consulting, Mogilipuri Krishna Chaitanya facilitated substantial growth for his brother's business. With over 9 years of experience, he continues to excel as a Software Engineer at Tata Consultancy Services (TCS) and has made significant contributions to tech giants like Apple, Google, and more. Subhajit Banik, Founder of Birdlens Creation Subhajit ventured into photography in 2007 as a model, cultivating expertise in lighting and creative framing. Winner of the Glamhunt competition by ABP group in 2010, he founded Birdlens Creation in 2015. Specializing in wedding photography, Subhajit crafts timeless, emotive images reflecting couples' love and joy. Dr Rahul Mirchandani, Chairman &amp; Managing Director of Aries Agro Limited Dr Rahul Mirchandani, ranked among the 30 Most Innovative CEOs in India, has pioneered unique strategies to build 130+ Aries specialty crop nutrition brands. With a PhD in Management Studies, he teaches Marketing, Innovation, and Entrepreneurship across 50+ B-Schools. He plays key roles in CII's agriculture council, and key governmental panels and was the National Chairman of CII's Young Indians. Vinay Kumar Singh, Executive Director and CEO of Thomson Digital and Q&amp;I (India) Vinay Kumar Singh is the Executive Director and CEO of Thomson Digital and Q&amp;I, with over 30 years of industry expertise. He pioneered Thomson Digital in India and globally, founding associated companies and an education technology startup. Specializing in scientific and educational content, Vinay completed his Executive Training Programs at ISB Hyderabad. Saurabh Gupta, Founder &amp; CEO of Verismart.ai A 3-time entrepreneur and angel investor in 9 deep tech firms, Saurabh Gupta is now leading Verismart.ai which pioneer in blockchain-based Ad-tech/Data Interoperability platform with over 520M+ users data pipeline while ensuring privacy compliance. He also acquired dolphinchat.ai., and has been a speaker at 50+ global conferences talking about Blockchain and data privacy. Vikkas K Jha, Founder of Brand Kettle Vikkas K Jha, an ace marketing professional turned visionary entrepreneur, founded Brand Kettle amidst the pandemic. With expertise in Commercial Fitouts, Retail Roll-Outs &amp; experiential marketing, he expanded Brand Kettle's services, integrating 30+ brands, within 3 years. He is also driving impactful social change via the Brand Kettle Foundation's NGO initiatives. Atharva Bahadur, CEO of Drishti Pures Atharva Bahadur is the CEO of Drishti Pures in Lucknow. Under Atharva's leadership, Drishti Pures, a pioneering endeavor, engages abandoned, differently-abled children in producing Cold Pressed Oil and processing pure spices, aiming to foster self-reliance among them. Currently housing 260 abandoned children, Drishti remains the largest institution of its kind globally. Harsh Niwas, Manager Legal and Team Lead at Unitech Limited Harsh Niwas is an international consultant having more than 12 years of experience in the Real Estate and Mining industries. His expertise lies in project management, legal strategy, and stakeholder communication, delivering successful outcomes and operational efficiency. Known for strong leadership, negotiation, and collaboration skills, he ensures compliance and value creation within teams and organizations. Hussain Kalsekar, Founder and CEO of 366 DigitX Renowned for fostering enduring relationships with corporate decision-makers, Hussain Kalsekar has steered 366 DigitX to unparalleled heights. His client-centric approach has garnered him accolades globally. Recognized as one of the top 100 smartest digital marketing leaders by the World Marketing Congress, he was also recently honored among the Top 50 Global High Flyers and awarded as the Leader in Digital Marketing for 2023. (ADVERTORIAL DISCLAIMER: The above press release has been provided by PNN. ANI will not be responsible in any way for the content of the same)

Global Indian Leaders of The Year 2023 as per World Brand Affairs

<a href="https://www.businessinsider.com/category/innovation-leaders"></a><div type="image" title="Robin Saluoks is co-founder and acting CIO of the climate technology company eAgronom." height="3574" width="4765" msid="93060919" hostid="261" sizebytes="1044870"></div><ul class="summary-list"><li>Robin Saluoks is cofounder and CEO of eAgronom, a climate technology company based in Estonia that helps farmers break into sustainable production.</li><li>In a recent interview with Insider, Saluoks gave us a bird's eye view of his company's journey and his approach to driving innovation. </li></ul>Robin Saluoks is cofounder and CEO of climate technology company eAgronom, which helps farmers build more sustainable businesses using AI and other innovative technologies. The company has more than 1,500 agribusiness customers managing 1m+ hectares of land across Europe. In a recent interview with Insider, Saluoks gave us a bird's eye view of his company's journey and his approach to driving innovation for local farmers:<h3>What is the biggest business challenge you're facing at the moment, and how are you tackling it?</h3>One of the biggest business challenges we face is finding ways to better connect stakeholders working on genuine climate targets with partners who work on projects that sequester CO2 from the atmosphere. More specifically, we are working with farmers who want to bring sustainable changes to their farms but struggle to do so in a way that makes sense for them in the short term and profitably.<h3>How does tech help you drive innovation?</h3>We are developing tools to calculate emissions on farms and verify if the data is correct to produce <keyword id="14530199" type="UNKNOWN" weightage="60" keywordseo="carbon-credits" source="Orion">carbon credits</keyword> aligned with guidelines. Our core technology revolves around data collecting and data verifying tooling for land use management, which is easy for farmers to plug in and perform their own data analysis for measuring, reporting, and verification (MRV). We also integrate machine learning and satellite monitoring into our platform to make data more robust.<h3> What are your current growth plans?</h3>Earlier this year, we raised a Series A round of funding to help us optimize the farmer onboarding process, set up new global dealerships, and launch the eAgronom Carbon Program. We have also launched a program to finance high-quality carbon sequestration projects by pre-purchasing the credits, so that farmers and landowners no longer need to wait for five years or more to receive the funds and can get started on future-proofing their farms today.<h3>Who do you partner with internally and externally to drive business and tech decisions?</h3>As a climate tech working in farm management, we have always believed that it should be farmers first. As we scale and partner with other business stakeholders, we continue to work hand-in-hand with farmers to understand their needs and deliver practical solutions. Dealing with solutions for the climate, we also work with scientists from different universities and data experts to avoid greenwashing and strengthen genuine climate commitments. We are engaging with highly-credible external auditors to verify the Carbon Removal Units (CRUs), as well as organizations that set carbon accounting standards.<h3>How excited are you about the technology of the future and what it means for your business and your sector?</h3>As an optimist, I see enormous growth opportunities ahead in the agritech and climate tech sectors. Brilliant solutions are being developed across the industry — from carbon sequestration and storage to green energy solutions — and not just on the technology side. We are also seeing a major integration of agroecological knowledge in the industry. For me, this is an excellent sign that more people from different backgrounds are collaborating to produce solutions ready to be used in the market.

Cofounder and CEO of climate technology company eAgronom uses 'farmers first' mindset to drive innovation and lower barriers to sustainable agriculture

5G has a messaging problem. <a target="_blank" href="https://newsroom.accenture.com/news/2019/business-and-technology-executives-underestimate-the-disruptive-prospects-of-5g-technology-accenture-study-finds">More than half</a> of 1,800 business executives surveyed by Accenture in 2019 said they believed there were "very few" things 5G could do that 4G couldn't already.But the potential of 5G technology could be enormous and a major boon to businesses, tech leaders told Business Insider.Between its built-in security features and ability to cover long distances, businesses across a variety of industries — from manufacturing to farming — stand to benefit.Here, four tech leaders explore 5G's potential to boost their businesses and explain where they see their industries headed.<h2>Marga Hoek, author of 'Tech for Good'</h2><div type="image" title="Marga hoek headshot" height="900" width="1200" msid="105762458" hostid="261"></div>Hoek is a three-time tech CEO and the author of the book "Tech for Good." She believes 5G holds immense promise for healthcare."One of the greatest opportunities that the widespread adoption of the 5G network brings is opening opportunities for the advancement and accessibility of extended-reality technology in healthcare," she told BI.XR's use in healthcare and medical services, Hoek said, is being delayed everywhere — from the operating room to medical classrooms, from mental health to pain management — because of network limitations. But "with the expansion of 5G technology, the XR healthcare market can expand its reach as the network grows," she said.However, development won't be equal everywhere in the world, she added."With the growth of the 5G network, we can expect to see the XR healthcare market expand," Hoek said. She added that nearly 20 countries around the globe still lacked 4G connectivity but could be brought up to date using 5G. "The expansion of the 5G network would help us reach these countries and would, in terms of healthcare, offer advances in medical training, decrease complications in surgery, and reduce resource costs," she said.<h2>Matt Cranfield, founder of Your Simple Hosting</h2><div type="image" title="Photo of Matt Cranfield, sitting in front of a laptop and two screens" height="900" width="1200" msid="105762459" hostid="261"></div>Cranfield, an IT and tech expert and the founder of the web-hosting company Your Simple Hosting, is beginning to adopt 5G within his business and sees it as the boost his industry needs."5G has been the 'next big thing' already for a couple of years," he told BI. "At Your Simple Hosting, we are trying to make 5G work for us because it's a whole new level of speed that will elevate the processes enormously."He sees a great deal of need for 5G among his clients, especially those who must send and receive data almost instantly.He described one incident that brought the need for 5G into sharp focus: A client had to get their data in sync across several offices around the world and managed to do that with Your Simple Hosting's help, but it would have been much easier with 5G."That experience really hit home about how much we depend on solid, fast connections," he said. "I'm particularly looking forward to incorporating 5G into the mix at Your Simple Hosting. The goal is to improve our services in a way that would astound our consumers."One way he intends to do that is to pair 5G's speedy data-transfer capabilities with cloud data storage to move large files faster than with a traditional connection.<h2>Andy Lindsell, chief technology officer at Babble</h2><div type="image" title="Andy Lindsell headshot" height="900" width="1200" msid="105762460" hostid="261"></div>Lindsell heads up the tech team at the cloud-solutions provider Babble, which advises Britain's small and midsize businesses on using 5G to compete with larger companies.He's seen how 5G can revolutionize the customer-engagement experience."In the retail sector, where every second counts, 5G's real-time processing of mass datasets enables retailers to delve into footfall analytics and make data-driven decisions to enhance the in-store experience," he said.5G could underpin advanced video analytics and artificial-intelligence algorithms analyzing customer-movement patterns to help optimize store layouts. The tech could even help stores develop personalized promotions based on customers' individual preferences, Lindsell said.The chief technology officer also foresees doing similar work for real-estate and travel agents, both of whom could offer immersive virtual-reality experiences around homes and tourist destinations using 5G-powered headsets.<h2>Parm Sandhu, vice president of enterprise 5G products and services at NTT Ltd.</h2><div type="image" title="Parm Sandhu headshot" height="900" width="1200" msid="105762461" hostid="261"></div>Sandhu, the vice president of enterprise 5G products and services at NTT Ltd., a network-connectivity provider, sees huge growth potential in manufacturing, transport logistics, and healthcare with 5G."5G, and specifically private 5G, is acting as a catalyst that is driving customers toward change," he said. "It's not like we haven't had cellular or wireless-communications technologies in the past, but today we're seeing that 5G has caused a perfect-storm event, where customers who have been struggling with their Industry 4.0 digital-transformation projects, often due to lack of adequate communications technology, are now suddenly seeing the light at the end of the tunnel."What were previously stalled digital transformations have been energized by the reliable connectivity inherent in private 5G connections. For instance, Schneider Electric has turned its factory in Lexington, Kentucky, into the US's first smart factory, using 5G provided by NTT. "Currently, the site showcases IoT connectivity, edge analytics, and predictive analytics to drive sustainability and energy efficiency on a private 5G network," Sandhu said.Alongside Schneider Electric, NTT has customers including Frankfurt Airport (Europe's largest private 5G network) and the city of Las Vegas (the largest private 5G network in the US) signing up to develop private 5G and edge-computing capabilities."NTT is not looking at private 5G in isolation but rather as part of a complete edge strategy," he said.

4 tech leaders on where 5G is taking their industries next 

New Delhi, People have reposed their faith in "<keyword id="19699064" type="General" weightage="20" keywordseo="modis-guarantees" source="Orion">Modi's guarantees</keyword>," BJP leaders chimed together on Sunday as the party appeared set on the path of victory in Rajasthan, Madhya Pradesh, and Chhattisgarh assembly elections. "The election results show people accept Prime Minister Narendra Modi's guarantee of delivering on guarantees," BJP leader and Union Minister Pralhad Joshi said here. Joshi, who was BJP's election-in-charge for Rajasthan, took a dig at the Congress and promises it made in the run up to the elections. "People have blessed BJP in three states, endorsed Prime Minister Modi's leadership and rejected Congress' false promises," Joshi said. Former Chhattisgarh Chief Minister and BJP leader Raman Singh said in Raipur,"People have reposed their trust in Modi's guarantees." Singh said the people have voted in the name of Modi and for his work over the past nine-and-half years. Madhya Pradesh Chief Minister Shivraj Singh Chouhan -- who is looking at his fifth term -- gave Modi's aggressive campaign ahead of the assembly election the credit for the party's performance. "Our Prime Minister Narendra Modi ji is in the hearts of the people of Madhya Pradesh. The state is also in the heart of Modi ji. There is immense faith towards him. He held public meetings here and appealed to the people which has touched the people's hearts," Chouhan said in Bhopal. Former Rajasthan Chief Minister Vasundhara Raje said it was Modi's belief in taking everyone together that worked for the party. "This victory is of the mantra of 'Sabka saath, sabka vishwas and sabka prayaas' given by Prime Minister Modi. It is the victory of the guarantee given by the Prime Minister. It is also the victory of the strategy given by Amit Shah and the able leadership provided by Nadda ji," she said. "Most importantly, it is a victory for our party workers," Uttar Pradesh Chief Minister Yogi Adityanath hailed the party's victory as a result of guidance of PM Modi. "Under the leadership and guidance of respected Prime Minister Shri @narendramodi ji, BJP's hattrick of huge majority in terms election results in three of the four states, is a 'guarantee of people's trust' on the 'guarantee of Modi,'" he wrote on X. Union Information and Broadcasting Minister Anurag Thakur said the victory was an indicator of what is to come in 2024. "The Ghamandiya alliance's arrogance has been shattered. The INDI alliance has neither leaders, nor policy... For 2024, the indication is clear, the world has faith in India and India's leadership. If India progresses, the world will progress," Thakur said. In Chhattisgarh, the BJP manifesto -- 'Modi ki Guarantee 2023' -- promised cooking gas cylinders at Rs 500 to poor families, one lakh government jobs, and a Rs 12,000 annual financial assistance to married women. The BJP had also promised to procure paddy at Rs 3,100 per quintal and an annual assistance of Rs 10,000 to land less farm labourers. Free food grain, income assistance for farmers, housing for all, 100 per cent electrification of villages, and tap water to every home, were listed by the party as some of Modi's guarantees. "All promises made to you will be fulfilled. This is my guarantee," Modi had said addressing a rally in MP last month. During several of rallies he took a dig at the Congress for its set of promises. "Those who do not have any guarantee about themselves are offering guarantees to the people," Modi had said at a rally in MP. "Modi's guarantees begin from where hope from others ends. That is why Modi's guarantees are popular," the prime minister had said on the campaign trail. In Jaipur, Union Minister Gajendra Singh Shekhawat took a jibe at Rajasthan Chief Minister Ashok Gehlot, saying people have come out of the spell of the "magician." "The 'magic' has ended and Rajasthan has come out of the spell of the magician. People have voted for the honour of women and for the welfare of the poor," he said. Gehlot was born into a family of magicians and assisted his father during his tours. Congress had unleashed the politics of guarantee during Karnataka assembly elections in May, making five distinct promises to the electorate - monthly cash assistance to women head of families, 200 units of free electricity, unemployment allowance to youth, free food grains, and free travel for women on state transport buses. The party tried to replicate the template in Madhya Pradesh, Chhattisgarh, Telangana and Rajasthan. Modi turned on the heat on the Congress by projecting himself as a leader who has delivered on the promises made by him to help the common man meet his aspirations. "Modi Yaani Har Guarantee Poori Hone Ki Guarantee (Modi means the guarantee to fulfill every guarantee)," the prime minister had said in an article last week. "'Modi Ki Guarantee' denotes Prime Minister Narendra Modi's commitment to the aspirations of the common man. It echoes the resolution of his government to serve the last man standing. It allows us to witness a political phenomenon, hitherto missing, where promises carry meaning and are executed meaningfully," he had said. Jammu and Kashmir BJP chief Ravinder Raina said, "Today, the Congress headquarters in MP, Rajasthan and Chhattisgarh are wearing a deserted look. The Congress and National Conference will face the same fate during assembly polls in J-K." The race amongst political parties to offer freebies to the voters triggered a debate on burden on the state exchequer.

Victory of Modi's guarantees, say BJP leaders as party sweeps states states

Guwahati, A 'toy story' is unfolding in a remote village in Assam's Baksa district where real and fiction are coming together as a young entrepreneur is making dolls combining local culture and motifs for a global audience. If there is a doll of Gambari Sikla who fought against the British, there is another styled on 'Bodofa' UN Brahma, an influential student leader in the Bodo-dominated region of the state. Then there are fictional characters like Alasi, who has a story woven around her pursuit of higher studies, or little Jarow, who loves to play and eat sweets throughout the day. "At our Zankla Studio, we are making toys with a purpose. We have a range of dolls, birds, animals and even souvenir pieces," Kirat Brahma, who runs the enterprise at Hazuma, told PTI on Thursday. The toys are not merely for the children to play, these also come with a story -- some real and some fictional, he said. "Even in the case of animals or birds, we weave a story around it. For instance, we have a rhino toy, with a back story of how it strays into human habitation during floods and requires everyone's empathy," he said. All the dolls are handcrafted, made of standard fibre used in soft toys and local fabric for clothing, with Brahma also exploring organic alternative raw materials. "Our toys come with the pamphlets as children have a very creative mind and love stories," said Brahma, a graduate of the National Institute of Design (NID) in Ahmedabad. An art enthusiast since his school days, Brahma worked on animated short films and other such ventures, mostly as a freelancer, after leaving NID in 2014-15, and before returning to his roots in 2021. "I had left my place in Hazuma as a child when I started school. But I always wanted to come back, be with my family and work for my community," he said. Brahma, now in his early 30s, wanted to take up solution-oriented projects and chose to pursue design. "Our culture and design are entwined, be it in our dress, our cultivation methods or something as basic as the bamboo fencing around our homes. "Design means functionality and aesthetics at the core, and I wanted to take up a venture which combines these aspects and is easily relatable to the people," he explained. "With toys, we are trying to create awareness about design in an indirect way. Also, we want to give our children the chance to play with dolls more relatable to their surroundings and habits," he added. Brahma also understands the need for the venture to be commercially viable. "We are trying to develop a model for revenue generation. I don't want it to be a research project, to be put in the archive," the entrepreneur said. He said that he started off with his own savings and currently employs 11 people. Orders are taken at the studio or through their website, with the toys sent through courier. "The response has been good and we have got orders from as far as Mumbai as well. We are now looking for additional marketing platforms as well as financial support," he said. Brahma has plans of expanding his toy-making business to include other communities also. "Besides my own Bodo community, I hope to skill and encourage different communities like Rabhas and Garos to design toys reflecting their own culture and tradition. The toy market is a huge one and with the correct strategies, gaining a foothold won't be a problem," he added. Till his dreams take higher flight, Brahma and his team continue making their dolls in between attending to their household chores and farming activities.

These Assamese toys tell stories of freedom fighters, student leaders & more

<ul><li>The Access to Seeds Index 2021 <a href="https://www.worldbenchmarkingalliance.org/publication/access-to-seeds-index/wca/rankings/">ranks</a> <keyword id="201617" type="General" weightage="100" keywordseo="advanta" source="Orion">Advanta</keyword> as 4th in Africa and 2nd in South and <keyword id="53564" type="General" weightage="50" keywordseo="southeast-asia" source="Orion">Southeast Asia</keyword>. </li><li>Advanta focuses on sustainable <keyword id="6355165" type="General" weightage="20" keywordseo="agriculture" source="Orion">agriculture</keyword>, providing <keyword id="45092" type="General" weightage="20" keywordseo="farmers" source="Orion">farmers</keyword> with locally adapted quality hybrid seeds. </li><li>Upon completion of the transaction, Advanta will operate as a standalone platform. </li></ul>Private equity firm <keyword id="6354544" type="General" weightage="80" keywordseo="kkr" source="Orion">KKR</keyword> will invest $300 million for a 13.33% stake in Advanta Enterprises, a subsidiary of UPL – a global agriculture solutions provider, the companies said on Friday. Upon completion of the transaction, seed company Advanta will operate as a standalone platform; and aims to become a global sustainability leader in seeds. “We are pleased to invest in Advanta, a global leader in sustainable agriculture, at a time when food security has grown in importance amidst geopolitical tensions and climate change. Advanta has built a diversified platform with differentiated products and an excellent track record,” <keyword id="8569616" type="General" weightage="50" keywordseo="gaurav-trehan" source="Orion">Gaurav Trehan</keyword>, Partner and CEO of KKR India, said. The investment comes at a time when food production is facing structural challenges due to geopolitical disruption, rising population, reduction of arable land, declining productivity and climate change. Advanta focuses on sustainable agriculture, providing farmers with locally adapted quality hybrid seeds. It has presence in 84 countries across <keyword id="21718" type="General" weightage="50" keywordseo="asia" source="Orion">Asia</keyword>, Australia, <keyword id="28249" type="General" weightage="50" keywordseo="europe" source="Orion">Europe</keyword>, United States and Latin America, and Africa. “Today, Advanta is a leading player in sustainable agriculture solutions, benefitting the livelihoods of farmers globally. As sustainable <keyword id="6386447" type="General" weightage="20" keywordseo="farming" source="Orion">farming</keyword> practices increase in priority around the world, Advanta is well poised for its next leg of robust growth,” Jai Shroff, group CEO of UPL, said. The Access to Seeds Index <a href="https://www.worldbenchmarkingalliance.org/publication/access-to-seeds-index/wca/rankings/">2021</a>, which measures the efforts of seed companies to boost productivity of smallholder farmers, ranks Advanta as 4th in Africa and 2nd in South and Southeast Asia. KKR will make its investment from its global Impact strategy, which invests in businesses delivering solutions to address critical global challenges, and contributing towards the UN Sustainable Development Goals. As of December 31, 2021, KKR has committed over $25 billion in equity globally to climate and environmental sustainability investments, the statement said. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/rishi-sunak-may-get-a-second-chance-to-run-for-uks-premiership-heres-all-you-need-to-know-about-him/slidelist/95010029.cms">Rishi Sunak may get a second chance to run for UK’s premiership: Here’s all you need to know about him</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/if-you-are-looking-to-add-sparkle-to-your-portfolio-this-diwali-here-are-ten-stocks-for-samvat-2079/articleshow/95007121.cms">If you are looking to add sparkle to your portfolio this Diwali, here are ten stocks for Samvat 2079</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/defense/news/defense-expo-2022-a-big-step-towards-self-reliance-in-defense-with-a-new-tank-gun-system-and-more/articleshow/95006121.cms">Defense Expo 2022: A big step towards self-reliance in defense with a new tank, gun system, and more</a>

KKR invests $300 million in UPL subsidiary Advanta for a 13.33% stake

<ul class="summary-list"><li>Mitch McConnell was heckled at the annual Fancy Farm picnic in Kentucky this past weekend.</li><li>Booing is not unusual at Fancy Farm, but McConnell spoke after a much publicized health scare.</li></ul>As Senate Minority Leader Mitch McConnell on Saturday stepped onstage at Fancy Farm — the premier political event in Kentucky — he was repeatedly met with jeers to "retire."Such a reception is not unusual for McConnell, one of the most polarizing figures in US politics.And the reception is definitely not unusual at the Fancy Farm picnic, where Democrats and Republicans have their most fervent supporters cheer and boo candidates from opposing parties during the oft-raucous event.But McConnell is at a political crossroads, as the 81-year-old veteran lawmaker fights to flip the Senate back into GOP hands after losing control of the chamber after the dual Senate runoff elections in Georgia in January 2021. And while McConnell has steered the Republican Senate caucus since 2007, questions about his longevity as a party leader escalated <a href="https://www.businessinsider.com/mitch-mcconnell-stops-speaking-abruptly-is-helped-away-video-2023-7">after he froze mid-sentence</a> during a Capitol Hill press conference in late July.McConnell, first elected to the Senate in 1984, was reelected to seventh term in 2020, so he isn't facing voters again this year or next.But during McConnell's speech at Fancy Farm, he went into <a href="https://www.youtube.com/watch?v=9tk9Xhosd5I&amp;t=102s" target="_blank" rel="noopener">attack mode</a> against Democratic Gov. Andy Beshear of Kentucky, who's seeking reelection to a second term against GOP state Attorney General Daniel Cameron."We are dominant, but we haven't completed the job. We haven't completed the job," McConnell said of the rise of the Republican Party in the onetime Democratic-heavy state. "What Frankfort needs … is a governor who wants to go in the same direction. It's the last big step to make in our state."McConnell lit into Beshear, criticizing him for his support of COVID-19 restrictions and remarking that the moderate governor "speaks liberal with a California accent," while also trying to link him to President Joe Biden — an unpopular figure in the Bluegrass State.While McConnell was making many of his more pointed political statements, the boos continued.Similar to Sen. Dianne Feinstein — the 90-year-old California Democrat whose previous monthslong health-related absence blunted her party's efforts to fill critical court vacancies — the advanced age of many of the country's top leaders has come into heavier scrutiny in recent years.Biden, 80, is running for reelection to a second term, despite the reluctance of some Democratic voters who may support his policies but express concern about his age.Many of the country's top political leaders, <a href="https://www.businessinsider.com/gerontocracy-united-states-government-red-white-gray-2022-9">as explored in Insider's "Red, White, and Gray" series</a>, often point to their tenure in office as a key reason for their effectiveness. And they're not ceding the spotlight anytime soon.Despite his health scare, McConnell's office said that he <a href="https://www.reuters.com/world/us/us-senate-republican-leader-mcconnell-plans-stay-post-through-current-congress-2023-07-28/">remained committed</a> to serving as the party's leader through the 2024 elections.

Mitch McConnell was heckled with chants of 'retire' at the annual Fancy Farm picnic in Kentucky days after he froze during a Capitol Hill press conference

<ul class="summary-list"><li>US stock futures fell Friday ahead of the monthly US <keyword id="12011981" type="UNKNOWN" weightage="60" keywordseo="jobs-report" source="Orion">jobs report</keyword>, watched for signs of cooling in the labor market. </li><li>The jobs data is "likely to be a double-edged sword for investors" as it could lead to harder rate hikes, an analyst said.</li></ul>US stock futures fell in cautious trade Friday as investors waited for the monthly US jobs report, as oil pulled back from recent gains to head for a weekly loss.Futures on the <a href="https://markets.businessinsider.com/futures/dow-futures">Dow</a> were down 0.19% as of 6:05 a.m. ET, pulling back alongside the other major US stock indexes from <a href="https://markets.businessinsider.com/news/stocks/stock-market-news-today-nasdaq-tech-economy-jobs-dow-sp500-2022-7">a rally Thursday</a> as recession concerns ebbed. <a href="https://markets.businessinsider.com/futures/s&amp;p-500-futures">S&amp;P 500 futures</a> fell 0.31%, while the tech-heavy <a href="https://markets.businessinsider.com/futures/nasdaq-100-futures">Nasdaq</a> lost 0.48%.The nonfarm-payrolls report for June released later in the day will give investors a clearer idea of whether the overheated US labor market is cooling off.Analysts said a strong month of hiring would be hard for the Federal Reserve to ignore, and could give it the impetus to double down on its plan to fight inflation if wage pressures are starting to fade."This is likely to be a double-edged sword for investors," Hargreaves Lansdown equity analyst Sophie Lund-Yates said. "While the data is expected to show another round of strong hiring, which is inherently positive, it also paves the way for policymakers to hike interest rates even more aggressively."At the same time, a flagging labor market could worry investors, who have been gripped by fears the Fed's monetary tightening could tip the US economy into a severe economic downturn. "Payrolls awaits us today and given that we think it will be tough to call a proper recession until employment cracks, these are important events," Deutsche Bank strategist Jim Reid said in a note.Elsewhere, Europe's pan-continental <a href="https://markets.businessinsider.com/index/stoxx_europe_600">Stoxx 600</a> index struggled for direction, last 0.05% lower, ahead of a speech by European Central Bank President Christine Lagarde. Paris' <a href="https://markets.businessinsider.com/index/cac_40">CAC 40</a> was down 0.25%, while Frankfurt's <a href="https://markets.businessinsider.com/index/dax">DAX 40</a> was up 0.10%.Meanwhile, London's <a href="https://markets.businessinsider.com/index/ftse_100">FTSE 100</a> dropped 0.19% amid speculation about the UK's next leader after Boris Johnson's resignation.In Asia, the <a href="https://markets.businessinsider.com/index/shanghai_composite">Shanghai Composite</a> slid 0.25%, but Hong Kong's <a href="https://markets.businessinsider.com/index/hang_seng">Hang Seng</a> closed up 0.38% after reports that China is looking to boost spending stimulus by allowing local governments to borrow another $220 billion this year.Meanwhile, Tokyo's <a href="https://markets.businessinsider.com/index/nikkei_225">Nikkei 225</a> closed up 0.10%, as <a href="https://www.businessinsider.com/shinzo-abe-collapses-in-nara-gunshots-heard-2022-7?r=US&amp;IR=T">the shooting of former Japanese Prime Minister Shinzo Abe</a>, who has since died, sent shockwaves through <keyword id="11893875" type="UNKNOWN" weightage="100" keywordseo="markets" source="Orion">markets</keyword>.Oil prices slipped in bumpy trade Friday after <a href="https://markets.businessinsider.com/news/commodities/us-oil-prices-crude-100-rebound-3-month-low-russia-2022-7">rebounding above $100</a> Thursday. Futures on the US and global benchmarks are headed for a weekly loss as concerns about demand — driven by the prospect of recession and China's ongoing "COVID-zero" curbs — outweighed worries about tight supply.US benchmark <a href="https://markets.businessinsider.com/commodities/oil-price?type=wti">WTI crude</a> was down 0.34% at $102.33 a barrel, while <a href="https://markets.businessinsider.com/commodities/oil-price?type=brent">Brent crude</a> was down 0.14% at $104.50 a barrel.Here's how the other major asset classes are performing:<ul><li>Bond yields flattened, with <a href="https://markets.businessinsider.com/rates/u-s--rates-2-years">US 2-year yields</a> slipping 2.5 basis points to 3.02% and <a href="https://markets.businessinsider.com/rates/u-s--rates-10-years">US 10-year yields</a> falling 2.4 basis points to 2.98%.</li><li><a href="https://markets.businessinsider.com/commodities/realtime-chart/gold-price">Gold</a> dipped 0.18% ahead of the jobs report, to $1,736.50 an ounce.</li><li>The <a href="https://markets.businessinsider.com/index/us-dollar-index">US Dollar Index</a> climbed 0.27% to 107.42, and <a href="https://markets.businessinsider.com/currencies/btc-usd">bitcoin</a> rallied 6.02% to top $21,700.</li></ul>

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