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Vizianagaram attracts Rs 20 crore in CSR funding for various works
Vizianagaram attracts Rs 20 crore in CSR funding for various works

Time of India

time2 days ago

  • Health
  • Time of India

Vizianagaram attracts Rs 20 crore in CSR funding for various works

Visakhapatnam: Vizianagaram district administration has attracted about Rs 20 crore in CSR (corporate social responsibility) funding from various private and govt organisations in the past few days due to its proactive measures. Tired of too many ads? go ad free now Collector Dr BR Ambedkar said that the Axis Bank will provide Rs 15 crore for the development of 40 water tanks in the district. The selected 40 tanks in the Nellimarla, Garividi, Gurla, and Merakamudidam mandals within the Champavathi river basin will be dredged, their embankments strengthened, plantations carried out, and check dams constructed. Similarly, the nuclear power corporation of India has sanctioned Rs 1 crore for medical equipment at the medical college. The company has also approved Rs 54.5 lakh for additional classrooms in govt schools in Nadipalli and Chintapalli villages of Pusapatirega mandal. Bharat Dynamics Limited has sanctioned Rs 1 crore for classroom projects in 37 govt schools, Rs 14.5 lakh for basic amenities in social welfare hostels, and Rs 7.16 lakh for medical equipment at Gajapathinagaram area hospital. Power Grid Corporation has donated a generator to the blood bank run by the Indian Red Cross Society. The district collector stated that these funds will contribute significantly to the development of education, healthcare, and social welfare sectors in the district.

Collector's initiative brings CSR funds
Collector's initiative brings CSR funds

Hans India

time7 days ago

  • Health
  • Hans India

Collector's initiative brings CSR funds

Vizianagaram: Severalcompanies have come forward to provide funds under Corporate Social Responsibility (CSR) for development programmes in the district, thanks to the initiative taken by district collector Dr BR Ambedkar. Funds have been allocated primarily for education and healthcare sectors. Nuclear Power Corporation of India has sanctioned Rs 1 crore for medical equipment in the Medical College. Additionally, the company has also sanctioned Rs 54.50 lakh for additional classrooms in government schools in Nadipalli and Chintapalli villages of Pusapati Rega Mandal. Bharat Dynamics Limited has sanctioned Rs 1 crore for classroom projects in 37 government schools, Rs 14.50 lakh for basic amenities in social welfare hostels, and Rs 7.16 lakh for medical equipment in Gajapathinagaram Area Hospital. Power Grid Corporation has provided a generator to the Blood Bank run by the Indian Red Cross Society. The collector stated that these funds will contribute to the development of education, healthcare, and social welfare sectors in the district. In addition to this, AXIS Bank has come forward recently to spent Rs 15 crores towards for development of 40 tanks in Nellimarla, Gurla, Garividi and Merakamudidam mandals.

Defence stock surges 26% in 1 wk, zooms 100% from March low; hits new high
Defence stock surges 26% in 1 wk, zooms 100% from March low; hits new high

Business Standard

time14-05-2025

  • Business
  • Business Standard

Defence stock surges 26% in 1 wk, zooms 100% from March low; hits new high

Bharat Dynamics Limited Share price: Shares of Bharat Dynamics Limited (BDL) hit a new high of ₹1,821.95; gaining 4 per cent on the BSE in Wednesday's intra-day trade on a strong order book position. The stock surpassed its previous high of ₹1,794.70 touched on July 5, 2024. The stock price of the state-owned aerospace & defence company is quoting higher for the fifth straight trading day. In the past one week, BDL has rallied 27 per cent, as compared to the 1 per cent rise in the BSE Sensex. BDL's market price doubled from its March 2025 low of ₹908.90 on the BSE. Strong order book position In the fiscal year 2024-25 (FY25), BDL secured orders worth ₹6,668 crore and the order book position (provisional & unaudited) of the company as on April 1, 2025 stood at around ₹22,700 crore. BDL recorded its highest ever export turnover of over ₹1,200 crore during FY25 as against the previous year's export turnover of ₹161 crore, registering a record growth of over 640 per cent. Bharat Dynamics' Exports BDL primarily caters to the requirements of the Indian armed forces. With encouragement from the Government of India, BDL is actively exploring export markets. Further, with the Cabinet Committee on Security (CCS) providing clearance to export the Akash Weapon System to nine countries, BDL is gearing up to take up the export orders. BDL has placed significant emphasis on the export of Weapon Systems. To explore the export potential of its products, identify potential markets, and pursue export opportunities, an export cell has been established within the Business Development Division of BDL. ALSO READ | Also Read The opening up of the export market and 'ease of doing business' have facilitated BDL to execute export orders successfully in recent times and receive more enquiries from other countries. Several leads have been received from various friendly foreign countries for the export of products such as the Akash Weapon System, ATGMs, Air to Air Missile (Astra), Smart Anti-Airfield Weapon, Helina (Air-to-Surface Weapons), Light Weight Torpedo, Heavy Weight Torpedo (Underwater weapons), Counter Measures Dispensing System, and Anti-Submarine Warfare Suite (Counter Measure Systems), etc, BDL said in its FY24 annual report. Elara Capital view on defence sector India's defense exports have increased significantly in recent years, reaching a record ₹21,000 crore in FY24 (Source: Defense Ministry). This is a 33 per cent increase from the previous fiscal year. India has set a defense exports target of ₹30,000 crore by FY26. In this context, the new $850 billion plan by the European Union (EU) provides a major opportunity for domestic public and private defence companies, especially for exports of subsystems and components to EU original equipment manufacturers (OEM). Potential beneficiaries from the public sector undertakings could be Bharat Electronics, Hindustan Aeronautics and Bharat Dynamics. ALSO READ | Why did Raymond shares drop 66% from ₹1,500 apiece to ₹500 in a day? ICICI Securities view on Bharat Dynamics In our view, manufacturing activities are picking up at BDL, as the company steps up execution of its burgeoning order book. Ebitda margin (adj. for provisions) works out to a healthy 32.7 per cent, mainly as execution is around in-house platforms. Besides, for the first time since the Russia-Ukraine conflict, there is no reference to supply chain bottlenecks in the notes to accounts – possibly implying that the residual MRSAM (Medium Range Surface to Air Missile) order (estimated at ₹ 700–800 crore) may be executed by FY26E, further aiding revenue growth. The brokerage firm, in the company's Q3 earnings update, said they also expect the execution of Akash third and fourth regiment orders to start by Q1FY26; thereby, boosting revenue. About BDL Bharat Dynamics (BDL), a Government of India Enterprise under the Ministry of Defence was established at Hyderabad in the year 1970. It is engaged in the manufacturing of Missiles and allied Defence Equipments. The Company provides majority of its goods and services to the Indian Armed forces and Government of India. The Company has three manufacturing units, located at Kanchanbagh (Hyderabad) in Telangana, Bhanur (Sangareddy District), also in Telangana, and Visakhapatnam in Andhra Pradesh. BDL is in the process of setting up additional facilities at Amaravati (Maharashtra), lbrahimpatnam (Telangana) and Jhansi (Uttar Pradesh).

Akash, BrahMos, Sky Striker Drones: Made-in-India weapons that destroyed Pakistan's defences
Akash, BrahMos, Sky Striker Drones: Made-in-India weapons that destroyed Pakistan's defences

India.com

time12-05-2025

  • Politics
  • India.com

Akash, BrahMos, Sky Striker Drones: Made-in-India weapons that destroyed Pakistan's defences

Akash, BrahMos, Sky Striker Drones: Made-in-India weapons that destroyed Pakistan's defences The world has witnessed the prowess of Akash, BrahMos and Sky Striker suicide drones during the recent operation against Pakistan. These weapons are milestones in India's defence sector. In the recent faceoff, these weapons have not only become the basis for breaking Pakistan's confidence, but have also raised India as a self-reliant and powerful defence power. In recent years, India has made significant progress in the development of indigenous technology in the defence sector. Organisations such as Defence Research and Development Organisation (DRDO), Bharat Dynamics Limited (BDL) manufacture world-class weapon systems. Now, India also exports defence equipment to other countries. These weapons are known for their accuracy, speed and destructive power, and their role in the recent India-Pakistan tension was significant. Let us look at the features, importance, and role of these weapons. Akash Missile It is India's indigenous surface-to-air missile system which is developed by DRDO. Thee is no doubt that this missile system has become the backbone of the Indian Air Force and Army. Akash Missile plays an important role in air defence. The Akash missile is capable of hitting targets at a distance of 25-45 kms, and up to an altitude of 18,000 meters. It can destroy – fighter aircraft, cruise missiles, drones and ballistic missiles with an accuracy of 90 percent. Recent Performance India's Akash missile system successfully intercepted and neutralced multiple Pakistani drone and missile attacks between May 8th and 10th, 2025. The system destroyed a Pakistani JF-17 fighter jet in Srinagar, a Fateh-1 missile in Punjab, and several DJI military drones and PL-15 missiles. This successful defence highlights the Akash system's effectiveness as a crucial component of India's air Defence capabilities. BrahMos Missile The BrahMos is built by a joint venture between India and Russia. It is considered to be the world's fastest supersonic cruise missile. This missile is used by Indian Army, Navy and Air Force. It is known for its speed, accuracy and destructive power. The missile flies at a speed of Mach 2.8, which is about three times the speed of sound. Its latest versions are moving towards hypersonic speeds. The Brahmos missile has a range of 290 km but in recent years its range has been increased to 900-1500 can be launched from land, sea, submarine and air. Recent performance On May 11, 2025, India launched a series of military strikes against seven Pakistani air bases, codenamed 'Operation Sindoor'. The operation, which marked the first combat use of the BrahMos missile, reportedly caused significant damage to Pakistani airfields and infrastructure in cities including Lahore, Islamabad, and Karachi. Sky Striker Suicidal Drone or Kamikaze Weapon India and Israel have collaboratively developed Sky Striker, a self-guided, kamikaze drone. This drone's key features are its precision targeting and its 'fire and forget' operational capability. The Sky Striker drone possesses a significant loitering capability, enabling extended surveillance and precise targeting of small, high-value assets. Its payload capacity of 5-10 kg of explosives allows for effective destruction of such targets. Recent performance On May 7, 2025, Sky Striker drones conducted a precision operation, codenamed 'Operation Sindoor,' targeting nine terrorist facilities in Pakistan. These strikes, which included madrassas associated with Hafiz Saeed and Masood Azhar, significantly weakened Pakistan's terrorist infrastructure and military capabilities.

A life of service: The story of a humble hero
A life of service: The story of a humble hero

Hans India

time27-04-2025

  • General
  • Hans India

A life of service: The story of a humble hero

In a quiet corner of Hyderabad, untouched by the trappings of fame, lives a man whose heart has echoed with compassion for the past four activist Dr. Raghu Arikapudiis a 'one-man-army',who has garnered support from various voluntary organizations and individuals apart from his own contribution of over 2.5 crore, touching more than 25, 000 families. A small -time employee with the government defence establishment Bharat Dynamics Limited, now retired, he has built a legacy of selfless service inspired by the path of saints and visionaries like Mother Theresa and Dr. A.P.J. Abdul Kalam. Families of farmers battling drought, differently abled individuals striving for dignity, fluorosis victims, students in pursuit of education and countless others grappling with life's harsh realities have felt the warmth of his timely support and kind him, service is not charity. It is duty. A prayer in action. His daily prayer to God, Raghu says is simple, yet profound. 'Let me not be alive the day I am unable to help another human being'. JOURNEY TOWARDS SERVICE Born in a farmer's family in a remote village called Chemallamudi in Guntur district of Andhra Pradesh, Dr. Raghu Arikapudi completed his ITI,joining Bharat Dynamics Limited in 1984as an apprentice andlater as a technician in the Missile manufacturing unit Gyro (referred to as the heart of the missile) in 1990. By the time he retired in March 2024 after 33 years of service, he had left behind an unparalleled legacy of stint with service began in the CITU trade union in the early days of his career where he was involved in securing ration cards for families of immigrant labour who lived in dire disillusioned by the trade unions, he decided to charter his own course. After serving as a director and general secretary of theBDL employees Consumers Cooperative Society for over a decade, he started the 'Winners Foundation' in the year 2012 expanding his social service activities to cover more people. FINDING THE NEEDY FROM NEWS STORIES Unlike most people who read newspapers for information or Arikapudi scans them for human interest stories. Regional papers with details of those in despair have him travel to their homes in the nook and corner of the Telugu states extending the helping hand that they so desperately need.'I get up at 5 AM everyday and go through newspapers looking for people in need of help and make every effort to reach them immediately' says. Reaching out to rural kids and helping them reach their true potential is most satisfying and he has supplied 'school kits' with school bags, books, study material and toys to 6000 kids in the most backward areas. In partnership with the government education department, he has extended counselingto 10,000 students in 100 government schools so farmers in distress and the differently abled has been a commitment close to his heart says Dr. Raghu who is happy that he has helped1000families of differently abled people lead a life of dignity. Braille kits andwalking sticks for the blind andwheel chairs and tricycles have been distributed to many and he plans to take up these works with greater focus in three mandals in Nalgonda, Nizamabad and Sangareddy in the help of an NRI doctor who runs the Hope4 Spandana foundationhe has reached out to 150fluoride victims in 25 villages in Marriguda, Munugodu and Nampally mandals in Nalgonda district with wheel chairs, mobile medical services, food and employment. This collaboration continued when the Covid virus struck and he helped more than 1000 families directly and 20, 000 indirectly Dr. Raghu informs. Another initiative is the collaboration with Hope 4 Spandana where 90 differently abled people were provided investment ranging from Rs 40, 000 to 1 lakh to run grocery stores, fancy and tailoring units, mechanic shops and hair cutting saloons in Telangana. Women, kids suffering from Thalassemiaand those affected by natural disasters are part of his long list of beneficiaries. His latest philanthropyis inspired by the story of a daily wage earner Gandhiram Jena from Orissa who is known as the 'Tree man'and spends 90 percent of his earning on planting saplings to save the environment. Anamount of 20 thousand rupees pooled through his Arikapudi trust was sent to help him repair his hut and buy groceries for the entire year. AWARDS AND APPRECIATION has received over 100 awards including state, national and international from the Indian Red Cross society, the prestigious Abdul Kalam award,gold medals and citations from the government and a string of awards from several organizations are part of this long list but he remains ever humble andgrounded. Arikapudi's story is that of a true hero- quiet, consistent and immensely impactful. A reminder that greatness does not always roar, sometimes it whispers through the kind acts of an ordinary man with an extraordinary heart.

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