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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...