
HAL receives first set of wing assemblies for Tejas Mk-1A jets from L&T
Kumar expressed confidence in meeting the requirement of the production target for LCA Tejas. He called for expanding horizons and focusing on reducing dependency on other countries.HAL Chief Managing Director (CMD) Dr DK Sunil, who was present at the event, termed the handing over of LCA Mk-1A a testament to years of dedicated hand-holding and a shared commitment to excellence from HAL and L&T."HAL is working with suppliers, both large and SMEs, as an initiative towards achieving Aatmanirbharta (self-reliance) in the aerospace and defence sector. HAL has effectively built a parallel aircraft structural assembly line in the private sector which will help in capacity augmentation of the LCA Tejas programme," he said.Senior Vice President and Head, L&T Precision Engineering and Systems Arun Ramchandani said, "L&T is set to supply four wing sets annually, with plans to scale up production to 12 sets per annum through advanced assembly processes and automation."Till date, the LCA Tejas Division has received structural modules of air intake assemblies from Lakshmi Machine Works, rear fuselage assembly from Alpha Tocol, loom assemblies from Amphenol, fin and rudder assemblies from Tata Advanced Systems, centre fuselage assembly from VEM Technologies and wing assemblies from L&T for the LCA Mk-1A.- Ends
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The Hindu
6 hours ago
- The Hindu
Technology-based courses enter management studies in business schools
Leading educational institutions in Tiruchi have begun to integrate courses on emerging technologies such as Artificial Intelligence (AI), Big Data and Analytics into management studies to cater to an evolving economic and employment scenario. According to an official press release, the Indian Institute of Management-Tiruchi (IIM-T) has introduced Text Analytics, AI for Managers and Advanced Machine Learning, among others, in the new curriculum, that reflect the growing importance of data-driven decision-making in different sectors. 'To ensure accessibility for students from all backgrounds, we have introduced no-code AI platforms such as KNIME and Orange. These platforms allow students with limited coding experience to apply AI techniques to solve business problems. Furthermore, AI tools and applications are now integrated within core functional-area courses to ensure broad exposure across marketing, finance, operations, and human resources,' said the release. An increase in demand for graduates who are already skilled in the new technologies has prompted many business schools to design customised study programmes, said academicians. 'The market is changing, and so are recruiters' demands. Students are using AI more now, compared to previous years. However, there should be a balance between using AI and them losing their identity. We have made AI usage in the classroom more application-based so that Management students can use their own thought processes also,' B. Janarthanan, assistant professor, Department of Management Studies, National Institute of Technology – Tiruchi, told The Hindu. He added that new technologies had also been embedded into the pedagogy at the NIT-T. New courses were introduced into the syllabus at Bharathidasan Institute of Management (BIM) over two years ago, with the aim of equipping students with future-ready technology adoption. 'Most companies are expected to become more technology-dependent in the next few years, and we are preparing our students to be ready at the mid- or top-level of the job market. Out of 120 students, 80-90 prefer courses related to technology and analytics,' said BIM professor R. Subramanian. Martech, Text mining and consumer sentiment analysis, Marketing Analytics; Fintech, Blockchain, Cryptocurrency and Derivative analytics in Finance are some of the new technology application-based courses being offered at BIM. Academicians said that the need to balance technological expertise with ethical parameters would assume greater importance in the near future.
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Business Standard
9 hours ago
- Business Standard
Delhi plans to scrap MCD restaurant licence to boost ease of business
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India.com
11 hours ago
- India.com
JACKPOT for L&T boss, Subrahmanyan sees remuneration jumps of 50 percent after…, earns Rs 760000000 pay in…, his net worth is…
SN Subrahmanyan (File) New Delhi: S N Subrahmanyan, chairman and Managing Director of Larsen & Toubro (L&T), witnessed a remuneration hike of nearly 50 percent in the financial year 2024–25. According to the company's latest annual report, Subrahmanyan received a total compensation of Rs 76.25 crore in FY25, up from Rs 51.05 crore in FY24. This massive increase was attributed to employee stock options (ESOPs) exercised during the year, valued at Rs 15.88 crore. Notably, no ESOPs were exercised by him in the previous financial year. Whole-time Director and Chief Financial Officer R Shankar Raman earned Rs 37.33 crore in FY25. Deputy Managing Director and President Subramanian Sarma received Rs 44.55 crore for the same period. The annual report highlighted that the remuneration of key managerial personnel reflects the company's strong performance, and the rewards are in line with industry benchmarks. Story in short: S N Subrahmanyan, chairman and Managing Director of Larsen & Toubro (L&T), witnessed a remuneration hike of nearly 50 percent in the financial year 2024–25. Whole-time Director and Chief Financial Officer R Shankar Raman earned Rs 37.33 crore in FY25. Deputy Managing Director and President Subramanian Sarma received Rs 44.55 crore for the same period. Subrahmanyan and his association with Larsen and Toubro Subrahmanyan joined the construction business of L&T in 1984 He joined as a project planning engineer after completing a degree in civil engineering and post-graduation in business management. The L&T construction business has grown multifold under his leadership It ranked among the top 25 global contractors after Subramanyan joined the company In 2011, Subrahmanyan was inducted into the L&T board. Under Naik's leadership, L&T transformed into a USD 17 billion group with presence not only in engineering and construction but also in technology, manufacturing and financial services operating in over 30 countries. About Larsen and Toubro Indian multinational firm Larsen & Toubro operates in over 50 countries across the globe. The company is currently engaged in EPC Projects, Hi-Tech Manufacturing and Services. According to L&T, it was the first company in India in the engineering and construction space to publicly disclose its sustainability performance. Founded in 1946 by two Danish engineers, Henning Holck-Larsen and Soren Kristian Toubro, L&T has been involved in the production of a range of hardware for every project of Indian Space Research Organisation (ISRO), including the Chandrayaan, Gaganyaan, and Mars Orbiter missions. L&T started out as a private company but became a publicly listed firm in 1950, and over the years, leading business tycoons like Anil Ambani and Kumar Mangalam Birla, have tried to acquire it.