Maharashtra’s billion-rupee defence fund created surprise winners—can the boom hold?

But instead of exhilaration, Shende remembers feeling dread. His company, barely known outside Pune’s industrial circles, had neither the working capital to finance such an ambitious order nor the collateral to persuade a bank to lend. “I met more than 50 investors,” he recalls. “Family offices, venture capitalists, even a few high-net-worth individuals. No one…

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SC upholds tax demand on fees collected by airport authority from airlines, cargo operators, exporters

New Delhi: In a setback for the Airports Authority of India (AAI), the Supreme Court on Tuesday upheld a service tax demand of ₹8.59 crore on fees collected by the airport regulator from airlines, cargo operators, and exporters between 2003 and 2007. A two-judge bench, comprising Justices Pankaj Mithal and Prasanna B. Varale, dismissed AAI’s…

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Why blocking numbers is not ending the pesky calls and spam menace

As the menace persists, the department of telecommunications (DoT) is looking to strengthen regulations by introducing a formal licensing system for telemarketers, the intermediaries who send commercial messages on behalf of brands. However, the Telecom Regulatory Authority of India (Trai) is proceeding cautiously, considering whether placing these service providers under an official authorization system would…

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Bank holiday today: Are banks closed today for Maharaja Hari Singh’s birthday on September 23? Check full schedule here

Bank holiday today: While not a pan-India holiday, all public and private banks in Jammu and Srinagar, in the union territory of Jammu & Kashmir, will be closed today, on September 23 (Tuesday). Jammu and Srinagar will celebrate the birthday of Maharaja Hari Singh Ji, the last ruling monarch of Jammu & Kashmir. Notably, banks…

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Paras Defence nears first Indian Army order for made-in-India portable drone jammers

The landmark contract—worth up to $3 million—for the homegrown defence manufacturing and technology firm is set to be signed as part of the defence ministry’s emergency defence procurement in the aftermath of April’s Operation Sindoor against Pakistan, three people with direct knowledge of the discussions told Mint. Paras Defence successfully tested an indigenously developed portable,…

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India moving ahead with strong focus on clean mobility and renewables, says industry leaders

New Delhi [India], September 22 (ANI): Experts and industry leaders, at the 6th International Energy Conference and Exhibition, said India’s journey towards cleaner and more sustainable mobility is moving steadily with a strong focus on alternate fuels, renewable energy, and reducing dependence on crude oil imports. Speaking about the push for alternative energies, Puneet Anand,…

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Beyond music and podcasts, audio series strike a chord with young listeners

Platforms like Pocket FM and Audible are seeing strong traction for audio series—scripted, episodic spoken-word shows—that are catching on especially in smaller towns, promising both stickier engagement and a clearer path to monetisation. Binge listening According to industry experts, the category that refers to a collection of spoken-word stories or content designed for listening, encompassing…

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