Apollo Finvest India grants stock options
At an Exercise price of Rs.10 per optionApollo Finvest India has considered and approved the grant of 390 ESOPs to eligible employee of the Company under the Apollo Finvest Employee Stock Option Plan 2022 (AFIL ESOP 2022 at an exercise price of Rs.10/- per stock option.Powered by Capital Market - Live News
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India Gazette
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Odisha CM announces Rs 38,900 crore agriculture budget
Balangir (Odisha) [India], June 18 (ANI): Odisha Chief Minister Mohan Charan Majhi on Tuesday announced a record Rs 38,900 crore agriculture budget, with new initiatives planned for farmers' welfare, including the establishment of an agricultural university in Balangir and the restoration of a sugar factory. Addressing the mediapersons, Chief Minister Majhi said, 'The government has always been committed to farmers and agriculture. The state agriculture budget has been announced at Rs 38,900 crores for the first time.' The budget, jointly prepared by the irrigation and agriculture department and the cooperative department, aimed to support farmers, boost crop production, and encourage agro-based industries across the state. Majhi further announced, 'An agricultural university will be established in Balangir, a sugar factory will be restored, and new industries will be established.' On Monday, Mohan Charan Majhi handed over 964 appointment letters at a government recruitment fair (Niyojit Mela) held in Bhubaneswar. The event marked a significant milestone in the new government's employment drive. Speaking to ANI, CM Majhi said, 'Today is the last day of Odisha's festival, Raj Sankranti, and people are celebrating Raj Sankranti all over Odisha. In this sequence, we have given 964 appointment letters under the Niyojit Mela.' The Chief Minister highlighted that his government had already delivered on its promise of job creation, stating, 'After our new government came, we have given appointments in 28,446 government jobs as per our manifesto...' Majhi assured that the momentum would continue, with even more recruitments planned in the near future. 'In the coming time, we will give more appointments... We will create a prosperous Odisha, a developed Odisha,' he added. The ceremony was attended by several leaders and officials and newly recruited candidates, who expressed gratitude for the opportunity to serve in government roles. (ANI)
India Gazette
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Chhattisgarh government to invest Rs 49,000 crore in Bodhghat project to boost Bastar's development
Dantewada (Chhattisgarh) [India], June 18 (ANI): In a significant push for development in the Bastar region, the Chhattisgarh government has announced the revival of the Bodhghat irrigation project under the leadership of Chief Minister Vishnu Deo Sai. The project, planned on the Indravati River in Dantewada district, aims to provide permanent irrigation and generate electricity for the rural areas of Dantewada, Bijapur, and Sukma districts. The ambitious project, which will come up at an estimated cost of around Rs 49,000 crore, is expected to transform agricultural prospects and boost economic activity across the region. Speaking to ANI, Bhairamgarh Sub-Divisional Officer (SDO) Pradeep Kumar Dongre said, '... Restarting this scheme will be a welcome step because it will irrigate about 3.5 lakh hectares in Sukma, Bijapur, and Dantewada district and produce electricity.' 'If a farmer's land, house, or agricultural area comes in the submergence area, the government will compensate for it... Therefore, the farmers should not oppose this scheme because it will be a big scheme for Chhattisgarh,' he added. Local businessman Narendra Nag highlighted the potential benefits for the regional economy. He told ANI, '... This could be a good initiative if the government implements this project honestly. This will provide electricity to the entire region, employment will increase, there is also a plan for fisheries, and the area under irrigation will increase... Local citizens and businessmen will also benefit from this...' Earlier, Chhattisgarh Chief Minister Vishnu Deo Sai had emphasised the immense potential of the tourism sector in the state, particularly in the Bastar and Surguja regions, and reiterated the government's commitment to eradicating Naxalism to pave the way for development and employment generation. Speaking to the media, CM Sai had stated, 'There was immense potential in the tourism sector in Chhattisgarh, especially in Bastar and Surguja... but the biggest hurdle was Naxalism, which the Prime Minister and the Union Home Minister had resolved to eliminate... We were looking at tourism as an industry, that is, the provisions that were being given to the industrial sector would also be extended to the tourism sector, and a complete roadmap was being prepared for this.' (ANI)
NDTV
27 minutes ago
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Hyundai Motor India Begins Engine Production At Talegaon Plant
Hyundai Motor India has announced commencement of operations at its recently acquired Talegaon manufacturing facility in Maharashtra. This facility will be used to manufacture powertrain and vehicles with the automaker initiating the process with the production of engines first. This is to be followed with the production of vehicles soon. In 2023, Hyundai Motor India finalized an agreement with General Motors to take over the latter's manufacturing plant located in Talegaon, found within the Phase II Expansion area of MIDC in Maval Tehsil, Pune district. This acquisition was part of Hyundai's long-term plan to boost its domestic production capabilities and reduce dependencies on imported components. It is important to note that General Motors operated their Talegaon facility until 2020, producing for specific export markets even after the American brand stopped operations in the Indian market in 2017. Since 2023, Hyundai has owned this facility and has been renovating it as part of its Rs 6,000 crore investment. Covering 300 acres, this Talegaon manufacturing site previously had an annual output capacity of 160,000 engines and 130,000 vehicles. Hyundai initiated engine production at this facility on June 16, 2025, which is anticipated to alleviate the production challenges prompted by the rising demand for Hyundai vehicles.
