Blog

08 Jul

Axis Bank Faces Senior-Level Exits as Corporate Teams Undergo Reorganization

nanikaBanking

Axis Bank, one of India’s leading private-sector lenders, is witnessing a major leadership reshuffle after three senior executives resigned from key positions. The departures include Anil Agarwal, President and Group Head of Institutional Clients Coverage; Vikas Shinde, former head of the debt capital markets team; and Jimmy Tavadia, Group Head of Trading. According to people familiar with the matter, the resignations come as the bank reorganizes important functions across corporate banking and other business divisions. The individuals, who spoke on condition of anonymity, said the changes are part of a broader restructuring process within the lender. Anil Agarwal had spent…

07 Jul

MoEFCC Designates NHM Mizoram University as Repository to Preserve India’s Biological Heritage

ParomitaMizoram

The Ministry of Environment, Forest and Climate Change has designated the Natural History Museum (NHM), Mizoram University, Aizawl, as a Designated Repository under Section 39 of the Biological Diversity Act, 2002.Based on the recommendation of the National Biodiversity Authority and after due examination of the proposal, the Central Government notified the institution as a Designated Repository on 19 June 2026. With this notification, NHM becomes India’s 21st Designated Repository, further strengthening the country’s biodiversity conservation and scientific infrastructure.Designated Repositories constitute an important component of India’s biodiversity governance framework by preserving authenticated biological specimens accessed under the Biological Diversity Act, 2002.The…

07 Jul

Aizawl Set to Get Premium Hospitality Facility as Mizoram Signs PPP Deal with Hotel Polo Towers

ParomitaMizoram

A Concession Agreement for the "Development of Chaltlang Tourist Lodge into a 4-Star or Higher Category Hotel at Aizawl, Mizoram on Design, Build, Finance, Maintain, Operate, Manage & Transfer (DBFMOMT) Basis" was signed today between the Tourism Department, Government of Mizoram, and M/s Hotel Polo Towers Ltd., Shillong, Meghalaya. The project was initiated by the Ministry of Development of North Eastern Region (DoNER) in collaboration with the Planning & Programme Implementation Department, Government of Mizoram. As part of the initiative, the Government of Mizoram organised a Road Show in Kolkata on 19 February 2024 to promote the redevelopment of Chaltlang…

07 Jul

Jarbom Gamlin Law College Must Become Model Centre of Legal Education: Governor KT Parnaik

ParomitaArunachal Pradesh

Arunachal Pradesh Education Minister P.D. Sona, accompanied by Commissioner (Education), Shri Amjad Tak, called on Arunachal Pradesh Governor, Lt Gen KT Parnaik at Lok Bhavan in Itanagar on Tuesday.The overall educational scenario in the State was reviewed while detailed discussions were held on strengthening institutions of higher learning, with particular emphasis on the Jarbom Gamlin Government Law College in Jote.The Governor emphasised measures to address existing challenges and improve academic, administrative and infrastructural standards to better meet the aspirations of students and faculty members.Drawing from his recent observations, the Governor also emphasised the need for timely corrective measures and accelerated…

07 Jul

1,500 Native Trees Planted in Sangti Valley as Balipara Foundation Leads Community Conservation Drive

ParomitaArunachal Pradesh

Balipara Foundation, in collaboration with the Sangti Valley Plantation Committee, organised a large-scale plantation drive in Sangti Valley, Arunachal Pradesh on Monday to commemorate the 91st Birthday of the 14th Dalai Lama. Bringing together communities, local institutions and government representatives, the initiative celebrated the occasion through collective action towards ecological restoration and environmental stewardship. The drive witnessed the participation of 110 volunteers, who collectively planted 1,500 saplings comprising native and fruit-bearing species. The plantation included ecologically significant trees such as Blue Pine, Juniper, and Cherry Blossom, alongside fruit-bearing species including Orange and Pomegranate, selected to strengthen the valley's ecological resilience…

07 Jul

Tripura Protests Erupt Over Power Recharge Failure

Sonakshi SarkarTripura

Widespread protests broke out in several parts of Tripura after a prolonged server failure disrupted prepaid electricity meter recharges, leaving many consumers without power and prompting road blockades in Teliamura, Dharmanagar and Kailashahar. The technical problem also affected electricity-related services in several areas, while separate protests were held in Dharmanagar over the quality of drinking water supply.The strongest protest was reported from Teliamura, where residents blocked a stretch of the National Highway, alleging that they had been unable to recharge their prepaid smart electricity meters for nearly three days because of a server malfunction. Protesters claimed their electricity connections were…

07 Jul

₹10 Lakh Facility to Boost Tung Farmers’ Livelihoods

Sonakshi SarkarMizoram

Mizoram Rural Development and Administration Minister Prof. Lalnilawma on Tuesday visited the under-construction building for a tung processing centre at Saitual in his Tawi Assembly constituency, reaffirming the state government's commitment to improving the livelihoods of local farmers and artisans.The processing centre is being constructed through the Rural Development and Administration Department (RD&AD) at a cost of ₹10 lakh. The facility is expected to support tung growers by providing infrastructure for processing the produce, helping improve its value and market potential.During the visit, Prof. Lalnilawma said the Mizoram government attaches great importance to the welfare of people engaged in traditional…

07 Jul

Viral Video Sparks Outrage: Self-Proclaimed BJP Leader Booked For Assault And Threats In Guwahati

PreetiAssam

The incident of a youth attacking another by claiming to be a "self-proclaimed BJP leader" on the city roads has sparked intense discussion. After the main accused, Abhilash Dutta, was arrested, Chief Minister Himanta Biswa Sarma clarified that he has no connection with the BJP. In a post on social media platform 'X', the Chief Minister said, "The accused has been arrested. He has no connection with the BJP. There is no place for road hooliganism in Assam. Strict legal action will be taken against anyone involved in such incidents." According to the FIR filed at Latasil Police Station, the…

07 Jul

Titan Reports Strong Q1 Growth as Jewellery Sales Drive Performance

nanikaBusiness

Titan Company’s consumer businesses recorded a strong performance in the first quarter of FY27, registering 41% year-on-year growth, according to the company’s quarterly business update. The growth was mainly driven by robust demand in the jewellery segment, supported by festive purchases and strong sales during Akshaya Tritiya. During the quarter, Titan added 77 new stores, expanding its combined retail network to 3,680 stores across its various business segments. The company said its jewellery brands witnessed broad-based growth, with stable gold prices supporting customer demand. Titan reported that portfolio buyer growth in jewellery remained in the early double digits, while average…

07 Jul

Trent Shares Plunge 12% as Q1 Revenue Growth Falls Short of Elevated Market Expectations

anuprovaLatest

Shares of Trent Ltd. fell nearly 12% after the company released its first-quarter business update, as a 19% year-on-year revenue growth failed to meet the high expectations built into the stock following its strong rally over the past year. Although the retailer continued to deliver healthy sales growth, investors were disappointed by the pace of expansion, which was slower than anticipated amid lofty market valuations. The correction reflected profit booking and concerns that the company's exceptional growth momentum may be moderating after several quarters of robust performance. Analysts noted that while Trent's core retail formats continue to attract strong consumer…