Month: July 2023

Niger Coup: President Bazoum ousted, ruling party HQ set on fire: US and France condemned and expressed worries

Manish Kumar

The army has expressed support for the troops responsible for detaining President Mohamed Bazoum.  Russia and other nations, along with the United Nations, have called for his release.  Niger’s president vows democracy will prevail after mutinous soldiers detain him and declare a coup  The coup leaders have not revealed their leader, leading to uncertainty about who is truly in charge of Niger.  The coup supporters blame the ruling party, PNDS Tarraya, for corruption and insufficient efforts to improve security and counter the long-standing jihadist insurgency.  The coup in Niger has…

Amazon Laying Off Hundreds of Workers at Fresh Grocery Stores Aiming to Rein in Costs

Manish Kumar

Amazon is set to lay off workers at Fresh Grocery stores as part of a restructuring plan in the US.  Amazon did not disclose how many employees would lose their jobs as a result.  The company is eliminating the “zone lead” position, a store-level management position with responsibilities in individual departments that include oversight and employee training.  The layoffs will impact hundreds of employees, according to the Washington Post. Employees have been offered other positions with the company or a severance package.  The job cuts at the grocery chain follow…

Manipur naked woman parade: Case Transferred To CBI, govt adopts “zero tolerance towards any crimes against women”- Centre Tells SC

Manish Kumar

The Ministry of Home Affairs (MHA) urged the top court to transfer the trial outside Manipur in the case for the conclusion of the trial in a time-bound manner.  The Centre informed the Supreme Court that the Manipur naked women parade case was transferred to CBI.  The government has “zero tolerance towards any crimes against women”- It said.  An all-women team of one senior special (psychiatrist), one specialist (psychiatry) and one psychologist from the district hospital in Churachandpur was deputed to assist the victims,” it said.  The Centre informed the…

V-Logis Sets its Sights on Bhiwandi: Revolutionizing the Western Region’s Logistics Landscape

Manish Kumar

Mumbai, July 28, 2023 – V-Logis, the warehousing and 3PL arm of V-Trans, announces the grand unveiling of its state-of-the-art warehouse facility at Bhiwandi. Strategically located on the Mumbai Nashik highway and near the newly opened Nagpur Mumbai Maharashtra Samruddhi Mahamarg, this remarkable facility is set to revolutionize the logistics industries and provide the best-in-class storage solution to clients nationwide. Covering a vast area of 1,25,000 square feet with an impressive clear height of 45 feet, this cutting-edge warehouse is specifically designed to cater to the evolving needs of modern logistics…

Hyderabad District has the largest number of USFDA-approved manufacturing pharmaceutical units in the world, New Jersey only follows next: Dr E. Vishnu Vardhan Reddy

Manish Kumar

Hyderabad, July 28, 2023…….The Federation of Telangana Chambers of Commerce and Industry (FTCCI) in association with UAE-India Business Council (UIBC), New Delhi organised a Business Session on Comprehensive Economic Agreement (CEPA) and Related Business Opportunities in the city at Hotel Park, Rajbhavan Road on Thursday night. FTCCI is the most vibrant regional chamber in India.  UAE – India Business Council (UIBC) is the only Official Joint Business Chamber set up by both the Governments–India and the UAE for promoting economic synergy between the UAE and India. The session aimed to highlight the…

PM Shri Narendra Modi inaugurates new International Airport in Rajkot

Manish Kumar

Prime Minister Shri Narendra Modi inaugurated the new International Airport in Rajkot today, in the presence of the Chief Minister of Gujarat, Shri Bhupendra Rajnikant Patel, the Union Minister of Civil Aviation , Shri Jyotiraditya M. Scindia, and other dignitaries. This landmark event marks a significant step towards bolstering the nation’s aviation infrastructure and enhancing connectivity in the region. The 236 acres existing Airport at Rajkot in the state of Gujarat is capacity-constrained due to dense residential and commercial development all around it and does not have any scope for…

India’s offer to privatize Rocket has 20 potential bidders

Manish Kumar

India’s bid to privatize part of its space programme and take bids on its small satellite launch rocket has drawn interest from 20 companies.   India’s Small Satellite Launch Vehicle (SSLV) is a low-cost means of launching satellites weighing up to 500 kg into low-earth orbit.  It serves a market experiencing a surge in demand for launching clusters of satellites for communication and data.   To be eligible, companies must be profitable and the lead bidder in a consortium must have at least five years manufacturing experience and annual revenue…

Biden orders US to share Russian war crimes evidence with World Court

Manish Kumar

The ICC issued an arrest warrant for Putin for the suspected deportation of children from Ukraine, which would be a war crime.  President Joe Biden has decided to allow the US to cooperate with the International Criminal Court’s investigation of Russian war crimes in Ukraine.  Over the course of the war, Biden administration officials have obtained evidence of alleged Russian war crimes in Ukraine.  It would be the first time the US has agreed to share evidence with the court as part of a criminal probe into a country that…

Ukraine looks to have made a breakthrough – but there’s a long way to go: Experts

Manish Kumar

Ukraine says it intercepted 36 Russian cruise missiles in one day.  Ukraine counteroffensive ‘not a stalemate’, says US  Two alleged Ukrainian intelligence agents were jailed in Russia.  Russia claims that three battalions of Ukrainian soldiers conducted a “massive assault” on the Russian frontline.  Russian reports suggest there has been a significant Ukrainian mechanized operation which has broken through some pre-prepared Russian defences to the east of Zaporizhzhia.  The focus appears to be the town of Robotyne which is southeast of Orikhiv. Interpreting what’s going on is complicated by the fact Ukraine…

Shell and Total Energies reported sharp falls in second-quarter profit

Manish Kumar

Shell profits cut by half due to plunging energy prices, Q2 profits slump 56% at Shell, 49% at Total Energies   Oil, gas, and LNG prices much lower in 2023 vs 2022  Total Energies sees LNG prices recover somewhat in winter  Shell slows the pace of the share buyback program. Shell and Total Energies reported sharp falls in second-quarter profit from bumper 2022 earnings as oil and gas prices, refining margins, and trading results all weakened. Oil and gas prices soared last year in the wake of Russia’s invasion of…