Ludhiana (Punjab), Oct 10 (ANI): At least four people died after fire broke out at a knitwear factory in Ludhiana's Kalyan Nagar at around 4 am on Wednesday morning. Fire has been doused. The reason for the death of the workers is said to be suffocation due to the smoke arising due to the fire. 

4 dead after massive fire engulfs knitwear factory in Ludhiana

Waaree Energies Ltd on Monday said its board has approved three investment proposals aggregating Rs 850 crore to set up electrolyser and storage cell manufacturing facilities.
The board also approved capital expenditure (capex) of Rs 130 crore in invertor business through its wholly-owned subsidiary Waaree Power Private Limited.
The board approved "capital expenditure of Rs 551 crore and investment of Rs 200 crore for 300 MW electrolyser manufacturing plant in its wholly-owned subsidiary Waaree Clean Energy Solutions, under the PLI Scheme," Waaree Energies said in an exchange filing.
It also approved a capital expenditure of Rs 2,073 crore and an investment of Rs 650 crore for setting up a 3.5 GWh Lithium-Ion Advanced Chemistry Storage Cell manufacturing plant in its wholly-owned subsidiary Waaree Energy Storage Solutions.
The capex will be funded by a mix of debt and internal accruals, the company said.
The board further approved the appointment of Amit Paithanka, Chief Executive

It also approved a capital expenditure of Rs 2,073 crore and an investment of Rs 650 crore for setting up a 3.5 GWh Lithium-Ion Advanced Chemistry Storage Cell manufacturing plant

Adani Group on Monday said it will acquire aviation maintenance, repair and overhaul (MRO) services firm Air Works for an enterprise value of Rs 400 crore.
"Adani Defence Systems & Technologies Ltd (ADSTL) has signed a share purchase agreement to acquire 85.8 per cent shareholding in Air Works, India's largest private sector MRO company with the largest pan-India footprint," the conglomerate said in a statement.
With operations spanning 35 cities and a workforce of over 1,300 personnel, Air Works brings extensive expertise in servicing both fixed-wing and rotary-wing aircraft.

With operations spanning 35 cities and a workforce of over 1,300 personnel, Air Works brings extensive expertise in servicing both fixed-wing and rotary-wing aircraft

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A finance ministry spokesperson, the GST Council Secretariat and a spokesman for the ruling Bharatiya Janata Party did not respond to requests for comment on the controversy

Delhi High Court on Monday refused to grant anticipatory bail to former IAS probationer Puja Khedkar in the criminal case lodged against her for alleged cheating and wrongly availing of OBC and disability quota benefits in the civil services examination.
"Anticipatory bail plea is dismissed. Interim protection from arrest is vacated," Justice Chandra Dhari Singh said while ruling on the plea.
Justice Singh said a strong prima facie case was made out against Khedkar and investigation was required to unearth the conspiracy.
It was a classic case of fraud committed on a constitutional body as well as society, the judge said.
Khedkar is accused of misrepresenting information in her application for the UPSC Civil Services Examination, 2022, to get reservation benefits.
The counsel for the Delhi Police as well as the complainant, the Union Public Service Commission (UPSC), opposed the plea for pre-arrest bail.
The UPSC was represented by senior advocate Naresh Kaushik and lawyer Vardhm

It was a classic case of fraud committed on a constitutional body as well as society, the judge said

The CII pointed out that despite being successful, the PSL framework required recalibration to stay relevant

The GST Council, in its meeting on Saturday, is likely to decide on reducing tax rates on life and health insurance premiums, but a decision on big-ticket rate rationalisation, including a higher tax on sin goods, may be deferred.
The GoM on GST rate rationalisation had proposed rate rejigs in 148 items in its recommendations, but sources said that consensus is needed to be built on some of the tax changes that the panel has suggested and some more time may be needed for that.
The 55th meeting of the GST Council, chaired by Union Finance Minister Nirmala Sitharaman and comprising state counterparts, is also likely to deliberate on bringing Aviation Turbine Fuel (ATF), a major component for airline industry's operation cost, in the Goods and Services Tax (GST) fold.
The GST rate is also proposed to be cut on food delivery platforms like Swiggy and Zomato, to 5 per cent (without input tax credit), from the current 18 per cent (with ITC).
However, the Fitment Committee (comprising tax

Also, the Group of Ministers (GoM) on GST compensation cess is likely to get a six month extension till June, 2025, to submit its report. The compensation cess regime comes to an end in March, 2026

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4 dead after massive fire engulfs knitwear factory in Ludhiana

Ludhiana (Punjab), Oct 10 (ANI): At least four people died after fire broke out at a knitwear factory in Ludhiana's Kalyan Nagar at around 4 am on Wednesday morning. Fire has been doused. The reason for the death of the workers is said to be suffocation due to the smoke arising due to the fire.

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