Business Point Today

  With more than 60 years of experience, Usha Martin is among the top producers of speciality steel wire ropes in the world. The company provides a wide selection of goods, such as speciality wire ropes, premium wires, LRPC, end-fitments that are made to order, accessories, and related services. Oil and gas, ports, cranes, lifts, mining, fishing, renewable energy, building and infrastructure, and general engineering are just a few of the industries that use these goods. Usha Martin In order to improve its commercial relationships, the company holds a conference call to discuss its FY2023 earnings for the community of analysts and investors. According to Rajeev Jhawar, MD of Usha Martin Ltd ., "Our goal is to hold such forums regularly in the future with the aim of increasing transparency and building a stronger relationship with the investors and analyst community." Along with sites abroad in Thailand, the United Arab Emirates, and the United Kingdom, Usha Martin has produc

After a phone call between Putin and Raisi, the Iranian president's political deputy quoted the Iranian president in a tweet, saying "the Islamic Republic of Iran supports Russian sovereignty." President of Iran Ebrahim Raisi  MOSCOW: Iranian President Ebrahim Raisi gave “his full support” to Vladimir Putin during a telephone call, the Kremlin announced in a statement on Monday, two days after an aborted mutiny in Russia. “The Iranian president has expressed his full support for the Russian leadership in connection with the June 24 events,” the Kremlin said in an announcement. After a phone call between Putin and Raisi, the Iranian president’s political deputy, Mohammad Jamshidi, quoted the Iranian president in a tweet, saying “the Islamic Republic of Iran supports Russian sovereignty.” According to the Iranian official, “President Putin explained the events related to the failed mutiny and insisted that such incidents cannot affect Russian sovereignty.” Iran’s Foreign

City officials say more that 200,000 New York City residents celebrate Diwali, which is observed by Hindus, Sikhs, Jains and some Buddhists. Image used for representational purpose only. NEW YORK: New York City will add the festival of Diwali to the list of public school holidays in recognition of the growth of the city’s South Asian and Indo-Caribbean communities, Mayor Eric Adams announced Monday. Diwali, known as the festival of lights, happens October or November depending on the lunar calendar. However, this year it falls on Sunday Nov. 12 — meaning the 2023–2024 school calendar will not be affected by the change. City officials say more that 200,000 New York City residents celebrate Diwali, which is observed by Hindus, Sikhs, Jains and some Buddhists. “This is a city that’s continuously changing, continuously welcoming communities from all over the world,” Adams said in announcing that Diwali will join celebrations including Rosh Hashana and Lunar New Year as a day off for stud

Edtech firm Byju’s, which lost its auditor last week, has been delaying the provident fund (PF) payments of several employees for almost six months now. Image used for representational purposes only.  BENGALURU: Edtech firm Byju’s, which lost its auditor last week, has been delaying the provident fund (PF) payments of several employees for almost six months now. Former employees who this newspaper spoke to said the company last made PF contributions in November and a few shared their PF passbooks that showed payment only till November 2022. A former employee on condition of anonymity said the company has offered many employees only one month’s salary as severance instead of two months and that they are having a tough time in getting another job. Arpit Singh, another former employee with Byju’s said, he is struggling to get a job and that his family is entirely dependent on his income. He hoped that the company will settle his final dues as early as possible. Sources from the company

National Highway-21, which connects Chandigarh with Manali, is expected to reopen for traffic in seven-eight hours, Mandi administration officials said.  Commuters wait for the clearing of blocked Chandigarh-Manali highway following a landslide triggered by floods in Himachal Pradesh, in Mandi district, Monday, Jun 26, 2023.  SHIMLA/MANDI: Hundreds of commuters were stranded near Aut in Himachal Pradesh’s Mandi district as the Chandigarh-Manali highway was blocked following flash floods and landslides, officials said on Monday. Flash floods were witnessed in Khotinallah near Aut on the Pandoh-Kullu stretch due to a heavy downpour and the commuters have been stranded since Sunday evening. Officials of the Mandi administration said restoration work is underway and explosives are being used to blast heavy boulders blocking roads on the stretch. National Highway-21, which connects Chandigarh with Manali, is expected to reopen for traffic in seven-eight hours, they said. The commuters

Toll in unabated poll-related bloodbath rises to 9 in Bengal as TMC leader killed in Purulia. Rural poll violence in West Bengal. KOLKATA: A Trinamool Congress leader was shot dead in Purulia late on Thursday night, taking the death toll to nine in the local body polls-related violence. TMC’s town president in Adra, Dhananjay Choubey, who was in his late 40s, was sitting outside his party office when three men riding a motorcycle came and opened fire. Five bullets were pumped into his body. He was taken to a local hospital where he was declared dead on arrival. “We identified the assassins and two of them were arrested,” said a police officer. Local Congress leader Nepal Mahato said there should be an impartial investigation. “The murder is condemnable. If necessary, the CBI may be engaged to find out the actual killers,” he said. The police have arrested two Congress workers in connection with the deadly attack in Purulia. Ever since the single-phase elections to the local bodies were

Her family members have alleged that she ended her life as the police failed to arrest the accused who was threatening her to withdraw the case. Image used for representational purpose only. BARABANKI: A 16-year-old Dalit girl, an alleged rape victim who was to appear before a magistrate to record her statement, has been found hanging at her house in the Haidergarh area here, police said. The investigating officer of the case has been suspended for dereliction of duty following the incident on Thursday. Superintendent of Police Dinesh Kumar Singh said, “A rape case was lodged at Haidergarh police station on June 17. The accused was detained on Thursday and the girl was to appear before a magistrate to register her statement.” “The victim allegedly committed suicide. We have sent the body for post-mortem and further investigation was underway,” he said. Her family members have alleged that she ended her life as the police failed to arrest the accused who was threatening her to withdra

The sliver of hope that remained for finding the five men alive was wiped away early on Thursday, when the submersible’s 96-hour supply of oxygen was expected to run out following its Sunday launch. US Coast Guard Rear Adm. John Mauger, commander of the First Coast Guard District, center at microphone, talks to the media on June 22, 2023, at Coast Guard Base Boston, in Boston A submersible carrying five people to the Titanic imploded near the site of the shipwreck and killed everyone on board, authorities said Thursday, bringing a tragic end to a saga that included an urgent around-the-clock search and a worldwide vigil for the missing vessel. The sliver of hope that remained for finding the five men alive was wiped away early on Thursday, when the submersible’s 96-hour supply of oxygen was expected to run out following its Sunday launch and the Coast Guard announced that debris had been found roughly 1,600 feet (488 meters) from the Titanic in North Atlantic waters. “This was a c

The Regional Meteorological Department has issued a 'yellow' alert for Friday, asking people to be on watch and remain updated for heavy rainfall and thunderstorm in some parts of the state. Villagers on a banana raft move to a safer place from the flooded area of Goalbil in Baksa district of Assam.  GUWAHATI: The flood situation in Assam remained grim with about five lakh people reeling under the deluge, which has claimed one life so far, officials said on Friday. Major rivers of the state, including the Brahmaputra, were flowing above the danger level at different places. The Met Department has forecast heavy rain over the next few days which may further swell the water levels, they said. An Assam State Disaster Management Authority (ASDMA) report said that 4.95 lakh people were hit by floods till Thursday evening. One person has been killed due to flooding in Tamulpur of Udalguri district. A Central Water Commission (CWC) report said the Brahmaputra is flowing above the d

It's a rare occurrence for PM Modi who avoids unscripted moments and has presided over a steady decline in press freedom in his country. India's Prime Minister Narendra Modi speaks during a news conference with President Joe Biden in the East Room of the White House. (Photo | AP) WASHINGTON: Narendra Modi did something very unusual on Thursday at the White House, he took questions from journalists. It’s a rare occurrence for PM Modi who avoids unscripted moments and has presided over a steady decline in press freedom in his country. The news conference was more limited than the kind that U.S. presidents usually hold with foreign leaders, but even that wasn’t easy to arrange with Modi. Indian officials agreed to the event only the day before, according to a person familiar with the matter who requested anonymity to discuss the sensitive negotiations. Administration officials told Modi’s advisers that taking questions from the media was a standard part of how White House stat

Underscoring the importance of unity in party ranks, he also claimed the Congress would emerge victorious in the upcoming elections in Chhattisgarh, Rajasthan, Madhya Pradesh and Telangana. Congress leader Rahul Gandhi. PATNA: Opposition parties are together going to defeat the BJP in the 2024 general elections, Congress leader Rahul Gandhi said on Friday and claimed a battle was on between his party’s “‘Bharat Jodo’ ideology and the BJP’s ‘Bharat Todo’ thinking”. Underscoring the importance of unity in party ranks, he also claimed the Congress would emerge victorious in the upcoming elections in Chhattisgarh, Rajasthan, Madhya Pradesh and Telangana. Accusing the BJP of working to “divide India and spread hate and violence”, he asserted that a fight of ideologies was going on in India. “On the one hand, there is the Congress’ ‘Bharat Jodo’ ideology and the BJP and RSS’ ‘Bharat Todo’ thinking is on the other hand,” Gandhi said while addressing a large gathering of Congress workers an