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Rajeev Jhawar , Managing Director of Usha Martin Wire rope manufacturer Usha Martin Ltd (UML) is expecting domestic demand, particularly in construction and auto sectors, to start picking up post monsoon. According to Rajeev Jhawar, Managing Director of Usha Martin, the various measures announced by the Central government to boost the economy are likely to start yielding results post monsoon. “We expect post monsoon things should be better. There should be a pick-up in demand during the festival season post September-October, by which time we hope that the Covid situation would also be brought slightly under control”, MD Rajeev Jhawar said. While the demand for wire rope has been “fairly decent” in international markets, the domestic demand across various sectors has been very low due to the lockdown in the wake of the Covid-19 pandemic. But in the previous financial year, demand has started to pick up and the top-line growth of Usha Martin is evidence for this. The reverse migration...

Elon Musk will speak to Twitter Inc employees this week for the first time at a company-wide meeting since launching his $44 billion bid in April, a source said on Monday, citing an email from Twitter Chief Executive Parag Agrawal to staff. The meeting is scheduled for Thursday, and Musk will take questions directly from Twitter employees, the source added. The news, first reported by Business Insider, comes after Twitter said last week that it anticipated a shareholder vote on the sale by early August. A Twitter spokesperson confirmed that Musk would attend the company all-hands meeting this week. Ever since Musk’s takeover bid, many Twitter employees have expressed concerns that the billionaire’s erratic behavior could destabilize the social media company’s business, and hurt it financially. Back in April, Agrawal was seen quelling employee anger during a company-wide meeting where staff demanded answers to how managers planned to handle an anticipated mass exodus prompted by Musk. L...

 Bahrain's King Hamad bin Isa al-Khalifa ordered a cabinet reshuffle on Monday that included appointing a new oil minister, state media reported. Mohammed bin Mubarak Bin Dainah, who was the country's envoy for climate affairs, was named minister of oil and environment, replacing Oil Minister Sheikh Mohammed bin Khalifa bin Ahmed Al Khalifa. The reshuffle included appointing Sheikh Khalid bin Abdulla Al Khalifa as deputy prime minister and minister of infrastructure, Zayed bin Rashid Al Zayani as industry and commerce minister and Fatima bint Jaafer al Sairafi as tourism minister. Crown Prince and Prime Minister Salman bin Hamad al-Khalifa said the reshuffle “will bring new ideas and a renewed drive to continue advancing the public sector,” the state news agency (BNA) quoted him as saying on Monday. “The reshuffle, the largest in the country’s history, has resulted in a change of 17 out of 22 ministers, with the introduction of a large proportion of young ministers,...

  New Delhi:  Jharkhand Chief Minister Hemant Soren is learnt to have sought more time from the Election Commission to appear before it in a mining lease allotment matter, citing the unavailability of his counsel. He was to appear before the poll panel either in person or through his counsel on Tuesday. Mr Soren was earlier asked to appear before the EC on May 31 but he had sought more time and his appearance was rescheduled for June 14. Sources aware of the development said the Jharkhand chief minister has now again sought more time to appear before the EC citing the unavailability of his counsel due to medical reasons. In May, the poll panel had issued a notice to Hemant Soren keeping in mind Section 9A of the Representation of the People Act which deals with the disqualification of a lawmaker for government contracts. "A person shall be disqualified if, and for so long as, there subsists a contract entered into by him in the course of his trade or business with...

 An old WhatsApp scam has resurfaced online, mainly targeting users in India. As per the message that a member of the India Tech Team also received, scammers are promising a Rs 25,000 cash prize as a part of the 'KBC Jio' lucky draw. Typically, the message will come with a video explaining the process and users will be asked to share personal details on WhatsApp. Following that, money will be credited to your account. Readers must be wary of this scam and not share any personal details. Notably, Delhi Police's Cyber Crime Unit had warned WhatsApp users in India. The department has a dedicated blog post explaining how to spot scam messages. What does the message say? The current iteration of the WhatsApp scam message includes the image of Prime Minister Narendra Modi and the logo of Sony Liv. Since KBC, the popular quiz show featuring actor Amitabh Bachchan, airs on Sony Liv, the logo aims to add some degree of legitimacy. Apart from the logo, scripts are availab...

 A group of high school students in war-torn Ukraine chose destroyed buildings and wrecked vehicles as a frightening background for a group photo. Daria Kaleniuk, an executive director at Anti-Corruption Action Centre in Ukraine, shared the photo on Twitter on Monday. "Graduation at Chernigiv school," she captioned the post. According to Reuters, the photographer who was capturing the photos was Stanislav Senyk. The 25-year-old told the news agency that after experiencing the traumas of the war firsthand, he intended to capture the "very important story" of about 40 graduating seniors from schools. "And I'm sure it was very important to capture that in the memory," he was quoted as saying by the New York Post. "And 10-15 years from now, when they have their own children, they can show those pictures to them," the outlet further said. To Know More : https://www.ndtv.com/world-news/high-school-students-pose-for-photoshoot-in-war...

 A report shows Russia's revenues from exports of oil and gas reaching record highs during the first 100 days of the war, with Moscow taking in 93 billion euros ($98 billion), most of it from European Union customers. The report from the independent, Finland-based Centre for Research on Energy and Clean Air (CREA) shows the top clients for Russian oil, gas and coal being China with 12.6 billion euros, followed by Germany (12.1 billion euros) and Italy (7.8 billion euros). The EU last month agreed to halt most Russian oil imports but an embargo on Russian gas is not on the cards at present. Ukraine forces driven from central Severodonetsk The governor of the eastern Lugansk, Sergiy Gaiday, says Ukraine's forces have been driven from the centre of the key eastern city of Severodonetsk, after a weeks-long Russian offensive. Ukrainian President Volodymyr Zelenskyy says his forces are fighting for "literally every meter" of the industrial hub. Read More...

 Surveillance footage of men assaulting women at a restaurant in the northeastern city of Tangshan has unleashed a flood of outrage on Chinese social media, prompting state media calls for punishment and renewing a debate over the treatment of women. The graphic video, which has gone viral on China 's Weibo social media platform, shows a man approaching a table at a barbecue restaurant and touching a woman around 2:40 am local time on Friday, then striking her after she pushes him away. In the ensuing brawl, a group of men are seeing brutally attacking the woman and her dining partners. Local police said two women had sustained non-life-threatening injuries and were being treated in hospital. All nine suspects involved in the case had been arrested as of Saturday afternoon and an investigation is under way, the local Public Security Bureau said in a Weibo post. Discussion of the assault dominated Chinese social media on Saturday, taking up the top six places of Weibo...

 Russian forces said Sunday they had struck a site in western Ukraine storing large amounts of weapons supplied by the United States and European countries, as the battle intensified for the key eastern city of Severodonetsk. A rocket attack on the Western Ukrainian city of Chortkiv has partly destroyed a military facility and injured 22 people, the governor of the Ternopil region said in an online briefing on Sunday. Ukraine remains in control of the Azot chemical plant in Sievierodonetsk where hundreds of civilians are sheltering, the region’s governor said on Sunday. The European Commission will provide a clear signal next week on Ukraine‘s EU candidate status bid, its chief Ursula von der Leyen has said, as fighting rages in the east and south of the country.

  Chennai:  A newly-married inter-caste couple was murdered near Kumbakonam in Tamil Nadu on Monday evening. Two men, the woman's brother and a relative, have been arrested for double homicide. According to the police, the woman was in a relationship with the relative but ended up marrying another man. The woman's brother reportedly invited the couple over where he and the other relative murdered them. The woman belonged to Scheduled Caste while her husband belonged to Most Backward Caste. Investigators, however, say that this is not a case of disohonour killing.

  Rahul Gandhi will be questioned by the Enforcement Directorate on Tuesday for the second day in the National Herald corruption case after Delhi saw high political drama and protests in the streets with many top Congress leaders detained on Monday. Former union minister P Chidambaram even alleged high-handedness in the midst of action by cops and said he had suffered a hairline fracture. Meanwhile, the BJP hit out at the grand old party for “celebrating corruption” in the form of demonstrations. Several other parts in the country saw similar dramatic scenes and demonstrations. Here are ten points on the National Herald case questioning and Congress protests: 1. Rahul Gandhi, the former Congress chief, was questioned for nearly nine hours on Monday and left the probe agency office late at night. He has been summoned again. Many top Congress leaders - including spokesperson Randeep Surjewala - who were detained in different parts of the city were released shortly after. 2. C...

Sethurathnam Ravi BSE Chairman Sethurathnam Ravi and His Achievements :  Former BSE Chairman, Sethurathnam Ravi , popularly known as S Ravi is also an Associate Member of Association of Certified Fraud Examiners (CFE), USA, and also a registered Insolvency Resolution Professional. S Ravi is the founder and managing Partner of Ravi Rajan & Co. He also holds a Diploma in Information System Audit (DISA). S Ravi pursued his Bachelor’s and Master’s degree in Commerce from Madhya Pradesh’s Durgavati University. His academics and talents led him to various job roles in the corporate world where he proved his worth. He was able to secure a place as a fellow member of the Institute of Chartered Accountancy of India. In his tenure spanning more than three decades, he has garnered extensive experience in the field of banking and finance, financial and management consulting, including mergers and acquisitions, valuations, rehabilitation and restructuring of companies and turnaround strate...