Adani Green Energy allots 53.90 lakh equity shares
On conversion of warrantsAdani Green Energy has allotted 53,90,668 equity shares to Ardour, a member of the promoter group of the company, on conversion of equivalent number of warrants on 09 May 2025. Pursuant to the allotment, the paid up equity share capital has increased to 159,84,73,946 equity shares of Rs 10 each. Powered by Capital Market - Live News
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Time of India
27 minutes ago
- Time of India
In poll-bound Bihar, PM to flag off export of locomotives to Guinea
PM Narendra Modi (File photo) NEW DELHI: Prime Minister Narendra Modi is scheduled to flag off export of the first locomotive from Marhowrah factory in Saran for Guinea in West Africa on Friday, signalling the NDA govts' — both at Centre and state — thrust on accelerating economic activities in poll-bound Bihar. Railway ministry officials said that 150 Make in India Evolution Series (ES43ACmi) locomotives for SimFer's Simandou iron ore project in Guinea worth more than Rs 3,000 crore are being manufactured. Simandou will be Africa's largest mining project. 'In the current financial year, 37 locomotives will be exported, another 82 locomotives will be shipped out in 2026-27 and the remaining 31 locomotives in the third year,' said an official. Though the Marhowrah diesel locomotive factory (DLF) was announced by then railway minister Lalu Prasad, it remained inactive. Spread over 70 acres, the factory was established in 2018 to indigenously manufacture 1,000 state-of-the-art locomotives. The annual production capacity of the factory is over 100 locomotives. The contract to export the locomotives was awarded to Wabtec Locomotive Private Ltd, a joint venture between Indian Railways and US-based Wabtec Corporation. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 5 Books Warren Buffett Wants You to Read In 2025 Blinkist: Warren Buffett's Reading List Undo All these locomotives will have AC cabs. Each locomotive will have a single cab. Two locomotives together can carry the load of 100 wagons with maximum permissible speed. 'For manufacturing of these locomotives, three types of tracks — broad gauge, standard gauge and Cape guage have been laid in Marhowrah premises,' said another railway official. Officials said with the Indian Railway network achieving full electrification, there is a huge scope for exporting diesel locos to countries where there is demand. 'It's an opportunity to increase our export of locos that match the best standard across the globe. For Bihar, it will be a big milestone,' said an official.
Economic Times
an hour ago
- Economic Times
'They copy-pasted from AI': Tech company offers Rs 20 lakh, can't find a single techie who understands code
You Might Also Like: AI cannot replace all jobs, says expert: 3 types of careers that could survive the automation era A technology firm recently launched a hiring campaign for a well-compensated entry-level position offering a handsome Rs 20 lakh per annum. However, despite conducting a staggering 450 interviews, the company failed to find a single candidate suitable for the role. The recruitment team turned to the Developers India subreddit to share their ordeal, hoping to shed light on the complexities of hiring in the AI company had posted job listings on LinkedIn for junior-level frontend and backend developers, as well as QA roles. The salary range—up to Rs 20 lakh—attracted a wave of over 12,000 applications. From the outset, the hiring team filtered out nearly 10,000 applicants, citing reasons such as poorly tailored resumes and a lack of relevant technical abilities. According to them, the early elimination was not about being overly selective but about saving both their own time and the applicants' from fruitless interview who did make it to the interviews were tested on fundamental programming principles as well as standard data structures and algorithms topics like trees, heaps, linked lists, and graph traversal methods such as breadth-first search and depth-first search. Interestingly, the firm even permitted the use of tools like ChatGPT during assessments to simulate a real-world working this modern approach backfired. While candidates were quick to churn out working solutions—often copied directly from AI—the problems began when interviewers asked for an explanation. Most were unable to describe what their own code was doing or provide details about its time and space complexity. This led to the realization that many candidates were simply copying and pasting without comprehending the logic behind the code—a phenomenon the recruiter described as "vibe coding."This troubling pattern prompted the company to reflect on its own methods. Was the interview process too rigid or flawed? Or was it indicative of a larger issue where aspiring developers rely too heavily on AI tools, skipping the foundational learning necessary to become competent programmers?The Reddit community didn't hold back in its response. Some users questioned the company's recruitment practices, pointing out that spending 450 hours on interviews without hiring a single person suggested deeper internal problems. One user criticized the process as inefficient and misguided, arguing that the HR team might be more at fault than the candidates themselves. Another suggested that if so many interviews yield zero hires, it could be a sign that the hiring strategy—and not the talent pool—is hiring saga mirrors a broader anxiety echoed by Godfather of AI, Geoffrey Hinton, who recently warned that roles relying heavily on intellectual replication—like coding without understanding—are among the first to be replaced by AI. As companies seek talent that can think, not just code, this recruitment roadblock may signal a growing divide between tool-dependent developers and genuinely skilled professionals.
India.com
an hour ago
- India.com
Meet Phila Lobi wife of a star cricketer, she earns more than her husband, his name is....., their net worth is.....
South Africa's cricket captain Temba Bavuma and his wife Fila Lobi are not only known for their brilliant performance in their respective fields, but their luxury lifestyle and property also remains in the headlines. While Temba wins everyone's heart with his batting and leadership skills on the field, Fila Lobi is revolutionizing the real estate sector as a successful businesswoman and social worker. Let's know the net worth of these two and who earns more than whom. South Africa's cricket captain Temba Bavuma and his wife Fila Lobi are not only known for their brilliant performance in their respective fields, but their luxury lifestyle and property also remains in the headlines. While Temba wins everyone's heart with his batting and leadership skills on the field, Fila Lobi is revolutionizing the real estate sector as a successful businesswoman and social worker. Let's know the net worth of these two and who earns more than whom. Temba's main sources of income are fees from Cricket South Africa (CSA), match fees and brand endorsements. His annual fee is Rs 80 lakh. Test match: Rs 3 lakh 60 thousand per match ODI: Rs 96 thousand per match T20 International: Rs 64 thousand per match Brand deals and other investments Temba has not yet participated in the Indian Premier League (IPL), so the bulk of his earnings come from the cricket board and brand deals. He is associated with sports footwear brand New Balance, which is an important part of his income. Apart from this, Temba is the non-executive director of Khulanathi Property Group and also invests in real estate. His car collection is also great, which includes luxury vehicles like Audi TT Sports, Mercedes, and Ford Mustang GT. Phila Lobi, Temba Bavuma's wife, is an inspirational businesswoman and social activist. Her company Lobi Properties is a leader in South Africa's real estate sector dealing in luxury properties in cities like Johannesburg and Cape Town. Phila's hard work and business acumen have made her an influential figure. Comparing the net worth of Temba Bavuma and Phila Lobi, it is clear that Phila Lobi earns more than Temba. While Temba's net worth is Rs 40 crore, Phila's net worth is estimated at Rs 42 crore. Phila's real estate company and her business approach have put her slightly ahead of Temba. However, the gap is not very big and both are achieving extraordinary success in their respective fields. Temba's cricket earnings and brand deals are allowing him to continuously increase his wealth, while Phila's real estate business and social contributions give her a distinct identity.
