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Usha Martin Achieves ESG Rating: A Testament to Responsible Leadership

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Rajeev Jhawar, Usha Martin MD Usha Martin Limited, a global leader in wire rope manufacturing, has recently received a voluntary ESG (Environmental, Social, and Governance) rating of 66.8 from a SEBI-registered rating provider. This recognition underscores the company’s sustained commitment to responsible business practices, reflecting an increasing focus on ESG standards across India’s corporate landscape. At the helm of this initiative is Rajeev Jhawar , the Usha Martin MD , whose strategic vision has transformed the company into a forward-looking, sustainability-oriented organization. Under his leadership, Usha Martin is not only focusing on operational efficiency and global expansion but also on building a robust framework for environmental stewardship, social responsibility, and strong governance. Understanding ESG and Its Significance ESG ratings evaluate companies on three critical pillars: Environmental – Measures how a company manages its impact on natural resources, e...

India Inc Likely to See 9% Salary Growth in 2026: Mercer Report

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India Inc may witness 9% salary rise in 2026: Report India Inc is expected to witness an average 9% salary increase in 2026 , with sectors such as automobiles and high technology leading the trend, according to a report by global HR consulting firm Mercer India . The projection comes amid a moderating economic environment, where salary hikes have largely remained in the high single-digit range. India Outpaces Global Salary Growth From a global perspective, India continues to emerge as one of the fastest-growing salary markets. Malathi KS, Rewards Consulting Leader at Mercer India, noted that India significantly outperforms developed economies such as the US, UK, Europe, and Japan , where salary growth typically ranges between 2% and 4% . This sustained momentum highlights India’s strong talent demand and evolving workforce dynamics, even as global economic conditions remain uncertain. Shift Towards Performance-Linked and Skills-Based Pay According to Mercer’s Total Remuneration Su...

iPhone Chips to Be Assembled in India? Why Apple’s Talks with Indian Chipmakers Matter

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iPhone chips to be made in India? Apple in talks with Indian chip manufacturers; why it's significant  Apple may be taking another major step in strengthening its India footprint, with early discussions underway to assemble and package iPhone chips within the country. If these talks progress, it could mark a significant milestone for India’s fast-growing semiconductor ecosystem and further diversify Apple’s global supply chain. Early Talks with Indian Semiconductor Players According to a report by The Economic Times , Apple has initiated preliminary discussions with Indian chip manufacturers for the assembly and packaging of iPhone components. Among the companies involved is CG Semi , part of the Murugappa Group, which is setting up an outsourced semiconductor assembly and test (OSAT) facility in Sanand, Gujarat . While the discussions are still at an early stage, this is Apple’s first known evaluation of having specific chips assembled and packaged in India. CG Semi’s Gujarat ...

PM Modi Celebrates 50 Years of Indian Schooling System in Oman

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Prime Minister Narendra Modi Prime Minister Narendra Modi on Saturday congratulated the Indian community in Oman as the Indian schooling system in the country completed 50 successful years. Addressing the Indian diaspora and students in Muscat during the Maitri Parv programme, the Prime Minister highlighted India’s cultural diversity as the foundation of its strength and global outlook. Diversity as India’s Cultural Strength Speaking to a vibrant gathering, Prime Minister Modi said that diversity is the soul of Indian culture. He noted that for Indians, every day brings new colours, every season turns into a festival, and every tradition carries a fresh idea. This cultural richness, he said, helps India connect naturally with societies across the world, including Oman. Maitri Parv: Celebrating Friendship and Shared Values The Maitri Parv programme marked five decades of the Indian schooling system in Oman, reflecting the deep-rooted educational and cultural ties between the two n...

Rajeev Jhawar Strengthens Usha Martin’s Growth Path and Investor Trust

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  Rajeev Jhawar driving steady growth and investor confidence Rajeev Jhawar's robust growth path for Usha Martin continues to stand out in the current market landscape. Short-term sentiment frequently drives price movement in equity markets, but value is ultimately determined by steady financial performance over time. This idea explains why long-term investors are paying more attention to businesses that produce consistent earnings growth. These investors now favor Usha Martin, which is headed by Managing Director Rajeev Jhawar. Companies that exhibit both revenue growth and strong earnings are attracting more attention, according to recent market trends. This profile is consistently met by Rajeev Jhawar Usha Martin, which is reinforced by its steady demand position and prudent financial management. Over the previous three years, the company's earnings per share have increased at a remarkable annual rate of about 17%. Confidence that Usha Martin is structurally positioned for...

Air India Eyes Xinjiang Route to Reduce Costs from Pakistan Airspace Ban

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  Air India Pushes for Xinjiang Airspace Access as Financial Strain Deepens Air India is urging the Indian government to negotiate access to a restricted military airspace corridor over China’s Xinjiang region, as the carrier faces mounting financial pressure from Pakistan’s continued airspace restrictions. According to an internal company document, the airline believes that routing flights through Xinjiang could significantly shorten travel times and reduce operational costs. The request comes at a sensitive time, only weeks after direct flights between India and China resumed following a five-year suspension triggered by the Himalayan border confrontation. While the resumption marked a cautious thaw in relations, Air India’s push for special airspace access highlights the operational challenges the airline is currently confronting. Impact of Pakistan’s Airspace Closure Pakistan’s denial of overflight permissions has forced Air India to operate longer, fuel-intensive routes for se...

Al Falah Chairman Jawed Siddiqui Sent to 13-Day ED Custody in ₹415 Cr Laundering Case

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  A Delhi court on Wednesday remanded Jawed Ahmed Siddiqui , founder and chairman of the Al Falah Group, to 13 days of Enforcement Directorate (ED) custody in a significant money laundering probe. The order, issued by Additional Sessions Judge Sheetal Chaudhary Pradhan, underscores the gravity of the allegations and the necessity for custodial interrogation. Siddiqui was arrested late on November 18 under Section 19 of the Prevention of Money Laundering Act (PMLA), following searches across multiple premises linked to the Al Falah Group. The ED claims there is substantial evidence of “deception, misrepresentation, and movement of suspected proceeds of crime.” Financial Allegations and Misrepresentation The ED alleges that Al Falah University falsely claimed UGC recognition under Section 12(B) of the UGC Act, despite never applying for it and being ineligible for grants. According to the University Grants Commission (UGC), the institution is recognized only under Section 2(f) as a s...