Delhi Hosts NIELIT’s “Yuva Rojgar Mela” 2024, Connecting Youth with Employment

National Institute of Electronics & Information Technology (NIELIT), an Autonomous Scientific Society under the Ministry of Electronics and Information Technology, Government of India, organized NIELIT Delhi’s Job Fair – “Yuva Rojgar Mela” on 29th of September, 2024. The job fair was held at NIELIT Delhi’s office at Pankha Road, Janakpuri, New Delhi for facilitating placement opportunities for NIELIT’s alumni and students. 16 companies shortlisted candidates against 1000+ job openings in their respective companies. More than 1300 candidates registered for the Job Fair. Bridging the skill divide The Director General, NIELIT and Hon’ble Vice Chancellor,…

Foxconn Eyes $1 Billion Investment in Tamil Nadu for Apple Facility

Foxconn is considering spending $1 billion to establish a smartphone display module assembly plant in Tamil Nadu. This facility would mark Foxconn’s first display module unit in India and is intended to support Apple’s iPhone production efforts in the country. This investment aligns with the ongoing trend of major tech companies increasing their manufacturing capabilities in India to diversify supply chains and enhance local production.This will be Foxconn’s first display module plant constructed in India, and it will help with Apple’s iPhone manufacturing. Components from this plant may also be…

BrahMos Leads the Way: First Indian Company to Reserve Jobs for Agniveers

Pioneering Move by BrahMos Aerospace In a first for corporate India, BrahMos Aerospace Pvt Ltd, an Indo-Russian joint venture, has announced that it will reserve 15% of its technical vacancies for Agniveers, the young recruits trained under the Agnipath Scheme. Additionally, 50% of the company’s administrative and security roles, including outsourced positions, will also be set aside for Agniveers. This move by the world’s fastest supersonic missile maker positions BrahMos as the first Indian company to take this bold step, further extending the initiative beyond its own workforce by encouraging…

Government Shuts Down Websites Exposing Aadhaar and PAN Information

It has come to the notice of the Ministry of Electronics and Information Technology that certain websites were leaking sensitive personal information including Aadhaar and PAN card details of citizens.   The government has blocked some websites that expose sensitive personal identifiable information, including Aadhaar and PAN card details of Indian citizens. This information was given in an official statement on Thursday. The Indian Computer Emergency Response Team (CERT-In), operating under the Ministry of Electronics and Information Technology, had found security flaws in these websites. After that the government has…

Supreme Court Freezes Byju’s Debt Case Over BCCI Payment, Stops Meetings for Now

The ongoing insolvency proceedings against the ed-tech giant Byju’s have taken a significant turn, with the Supreme Court of India ordering a temporary halt in the process. On Thursday, the Court reserved its verdict on an appeal filed by the US-based financial creditor Glas Trust, which is challenging the decision of the National Company Law Appellate Tribunal (NCLAT) to stop insolvency proceedings against Think & Learn Pvt. Ltd., the parent company of Byju’s. The case raises critical questions about financial responsibility, corporate governance, and the role of Indian insolvency laws.…

DRDO & IIT Delhi develop ABHED Light Weight Bullet Proof Jackets

Defence Research & Development Organisation (DRDO), along with researchers of Indian Institute of Technology (IIT) Delhi has developed Light Weight Bullet Proof Jackets named ABHED (Advanced Ballistics for High Energy Defeat). The jackets have been developed at the DRDO Industry Academia Centre of Excellence (DIA-CoE) at IIT, Delhi.     These jackets have been created from polymers and indigenous boron carbide ceramic material. The design configuration is based on characterisation of various materials at high strain rate followed by appropriate modelling and simulation in collaboration with DRDO. The armour plates…

Mark Zuckerberg Joins the $200 Billion Club, Indian Tycoons Drop in Global Rich List

Elon Musk Leads as World’s Richest; Zuckerberg and Bezos Follow Mark Zuckerberg, the co-founder and CEO of Meta Platforms, has reached a significant milestone, becoming one of the few individuals in the world with a net worth of $200 billion. This achievement places him in the company of two other tech giants: Tesla CEO Elon Musk and Amazon founder Jeff Bezos, who are the only others to have surpassed this extraordinary wealth mark. Zuckerberg’s wealth has surged by an astonishing $72.2 billion this year, bringing his total net worth to…

Deloitte Forms Team to Review People Practices Following EY Employee Death

After the EY employee death, Deloitte assembles a three-person team to review people practices. Amidst a social media uproar surrounding the purportedly work-related death of a young employee at tax consulting giant EY, Deloitte has appointed former revenue secretary Tarun Bajaj to a three-person external committee tasked with investigating employee practices, policies, and procedures, according to the company’s South Asia CEO Romal Shetty.   The tragic death of Anna Sebastian Perayil, a young CA who had recently joined EY’s Pune office, has brought attention to the intense work pressures and…

Air Marshal Amar Preet Singh Appointed as New Chief of Indian Air Force

Air Marshal Amar Preet Singh, a seasoned fighter pilot with over 5,000 hours of flying experience, has been appointed as the new Chief of the Indian Air Force (IAF). He will take over the role from Air Chief Marshal V R Chaudhari, who retires on September 30, 2024. Currently serving as the Vice Chief of the Air Staff, Air Marshal Singh will assume the top position in the rank of Air Chief Marshal, effective the afternoon of September 30. A Strategic Leadership Transition The announcement of Air Marshal Singh’s appointment…

A banker by profession, driving an Environmental transformation

In a world dominated by financial goals and corporate achievements, Himanshu Sekhar Nayak stands out as a banker with a mission far beyond his professional responsibilities. A senior manager at a prestigious private bank, Himanshu balances his demanding career with an inspiring dedication to environmental conservation. From planting thousands of trees to promoting environmental awareness, his journey from humble beginnings to a green crusader is nothing short of extraordinary. From Farming Roots to Banking Heights Himanshu’s story begins in Gomundia, a small village in Odisha’s Puri district. Raised in Krushnaprasad…