Glaze Trading India Private Limited Details

Glaze Trading India Private Limited News

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  Prosus CEO Fabricio Bloisi landing in August to take stock of business

  Fabricio Bloisi, who was appointed CEO of Prosus in May, will be in New Delhi and Bengaluru meeting some of the top portfolio firms like Swiggy, Meesho, and Urban Company, per current plans. Bloisi replaced long-time CEO Bob van Dijk, who abruptly resigned last September, following which Ervin Tu was made the interim chief executive of Prosus.

  

  Airbus shortlists 8 sites for its second India assembly line

  Airbus has shortlisted eight sites in India to open its second assembly line in partnership with Tata Advanced Systems (TASL), ahead of the inauguration of the first, which is for the C295 transport plane. The second plant will produce the H125, the fourth for the single-engine helicopter after factories in France, Brazil, and the US. Airbus expects the Indian subcontinent excluding Pakistan to be a market for about 500 such helicopters over the next 20 years.

  

  Rising imports may pose a challenge for local steel akers: JSW Steel's chief executive officer Jayant Acharya

  JSW Steel's CEO raises concerns about the impact of rising steel imports on domestic manufacturers in India. Despite strong local demand, the surge in imports, especially from countries with Free Trade Agreements, poses a threat to the investments made in expanding capacities. The company aims to increase production capacity significantly by 2030-31 but faces risks due to the current import trends. With profits already declining in the June quarter, the industry is looking for trade measures to mitigate the challenges. India's steel sector, the second largest globally, is at a critical juncture as it navigates through increased competition and trade dynamics.

  

  India's heritage not just history, but also science: PM Modi

  PM Modi, at the 46th World Heritage Committee, announced a $1 million grant to UNESCO, underscoring India’s scientific achievements through sites like Delhi’s Iron Pillar, Kedarnath, and the Vishwanath temple corridor. He emphasized the significance of historical heritage and engineering marvels like Dholavira, which transcend geo-political boundaries.

  

  Indian interests at stake as Bangladesh remains tense; court scraps job quota

  Bangladesh's Supreme Court has scrapped the student reservation policy, sparking protests and killing at least 114 people. Opposition BNP through the Jamaat-e-Islami has threatened to unseat the Hasina government and has launched a campaign to influence the country's Army to prevent safeguarding the policy. The security establishment is backing Prime Minister Sheikh Hasina. The Supreme Court's Appellate Division dismissed a lower court order that reinstated the quotas, directing that 93% of government jobs will be open to candidates on merit, without quotas.