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1) Smooth crusing

Mazagon Dock Shipbuilders Limited (MDL) is without doubt one of the world’s oldest corporations. Wadia Group, Cox & Kings, and Forbes & Company are older, however MDL’s historical past of greater than 250 years additionally holds significance. The previous few years have enthralled MDL’s traders because it debuted on the bourses in 2020. In 2023 alone, shares of Mazagon Dock Shipbuilders have rallied as a lot as 190 %, whereas the benchmark Sensex managed to develop solely 18 %. That’s a bit over ten instances. Starting as a dry dock in 1774, MDL has turn out to be an integral a part of India’s defence desires. Here’s the riveting tale of its journey.

2) Bumpy highway to redemption

Amit Bagga’s household has a number of flourishing companies, together with car dealerships and petrol pumps in New Delhi. Like any typical Indian boy from a enterprise household, he joined the outlets to study the ropes, however he additionally embarked upon the trail of self-discovery. He realised he craved particular person identification and that his ardour lies within the meals enterprise. His first enterprise, Boombox, started in 2010, and after six years, he ran out of newbie’s luck. He did freelancing, consulting, and something and the whole lot that might make him cash whereas he waited for the subsequent alternative. In 2018, Raghav Jaggi, Bagga’s faculty buddy and grandson of Kundan Lal Jaggi, was trying to pay tribute to his grandfather, and Bagga was in search of redemption. They began Daryaganj as a tribute. And now the restaurant is in a bitter authorized combat with Moti Mahal. Here’s why the road to Bagga’s redemption is still bumpy.

3) Hint of a slowdown?

According to Reserve Bank of India information, web international direct investments (FDI) in India plunged over 38 % within the first ten months of FY24 to $15.42 billion. In the identical interval of April 2022-January 2023, FDI was at $24.99 billion. Repatriation and divestment in April 2023-January 2024 elevated by 36 % to $34 billion from $24 billion within the year-ago interval. In January 2024, web FDI climbed to $5.74 billion from an outflow of $3.86 billion. Gross inward FDI declined by 3.6 % to $59.5 billion throughout April 2023-January 2024, in comparison with $61.7 billion in the course of the corresponding interval a yr in the past. Is India dropping its appeal amongst international traders? Here’s a quick analysis.

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1) GE’s Make-in-India transfer

Wipro GE HealthCare, the medical units and know-how three way partnership between GE Precision HealthCare and India’s Wipro Enterprises, has introduced that it’s going to make “an investment of over Rs8,000 crore [about $1 billion] in manufacturing output and local R&D over the next five years”. In the latest episode of Forbes India Tech Conversation, Peter J Arduini, president and CEO of GE HealthCare Technologies, talks about this growth plan in India and the way the nation is uniquely positioned to take possession of extra GE HealthCare product improvement due to its software program prowess and rising utilized AI capabilities.

2) In footage: Desperate thirst

Despite its 16 % world inhabitants share, India possesses solely 4 % of the world’s freshwater assets and contributes to 25 % of worldwide groundwater extraction. The frequent shifts in climate patterns, erratic precipitation, and recurrent droughts have worsened the consuming water scenario lately. With over 163 million folks missing entry to scrub water, the world’s highest, India ranks seventh most weak within the Global Climate Risk Index 2021 launched by ‘Germanwatch’. In Purulia district in West Bengal, the water disaster is getting extreme. Their wells are dry, ponds are desolate, and ladies endure the brunt by endeavor arduous journeys to fetch water from distant riverbeds twice every day. The scenario additionally compels many to desert their houses seeking higher water availability. Here’s a chronicle of Purulia people fighting a losing battle.

3) Making a case for good jobs

How can an organization provide good service? How can it adapt to technological modifications, buyer wants, and labour market situations? The reply is by attracting and retaining the suitable expertise. This makes providing ‘good jobs’ a important side of a enterprise’s development. Zeynep Ton, a professor of the Practice within the Operations Management group at MIT Sloan School of Management and co-founder and president of the nonprofit Good Jobs Institute, believes that the outdated playbook—pay folks as little as potential and function with excessive turnover—that labored earlier than might not work sooner or later. The labour market is tight, and firms are going through robust competitors. In such a state of affairs, Ton explains how companies can win through good jobs and the virtuous cycle that comes with them.

4) India’s T20 future

It’s been solely per week because the 2024 version of the Indian Premier League started, and a few early tendencies have already emerged: pitches are, as common, batter-friendly; within the 9 matches that have been performed by the point this article was being written, dwelling groups have emerged victors in all of the matches; cricket balls are going through large violence, and it was very evident within the Sunrisers Hyderabad Vs Mumbai Indians conflict on March 27. More than 500 runs have been scored, and younger gamers Abhishek Sharma and Tilak Varma had an important position in it. The Rajiv Gandhi International Stadium turned the stage to audition for Indian group selectors trying to construct the squad for the upcoming T20 World Cup, and the 2 batters took full benefit. Here’s how they stack up.