HAL declares second interim dividend for its investors

New Delhi [India], March 11: We are thrilled to announce the official launch of the NXT Fellowship, a premier one-week immersion program designed for the next generation of global leaders in the heart of Bharat. Launched by the NXT Foundation, the fellowship coincides with the second edition of the NXT Summit at Bharat Mandapam, bringing together a diverse cohort of scholars to engage directly with the unfolding story of India's progress.

The Reserve Bank of India (RBI) has introduced a new set of prudential norms for banks that cap dividend payouts at a maximum of 75 per cent of Profit After Tax (PAT) for most banks, linking profit distribution more closely with capital strength, profitability and regulatory compliance.

According to the press statement released by Indigo, "With immediate effect, Pieter Elbers will be stepping down as InterGlobe Aviation Limited's (IndiGo) CEO. The Board of Directors would like to thank Pieter for his contribution and service to the organization, and wishes him well in his future endeavours." The airline further said that its managing director, Rahul Bhatia, would manage the company in the interim until a replacement is hired.

Navi Mumbai (Maharashtra) [India], March 9: Mumbai saw an early-morning surge of energy and purpose as over 4000 runners took part in the Mindspace EcoRun 2.0, held on Sunday at Mindspace Airoli East, Navi Mumbai. Back for the second consecutive year and organised by Mindspace REIT in association with Mirchi, the event blended a city-scale running experience with a strong sustainability focus, drawing participation from seasoned runners, first-timers, families, and corporate teams. The event atmosphere was further amplified as Mirchi RJ Prerna hosted the run alongside celebrities who attended and flagged it off. The star cast of Ginny Wedss Sunny 2 - Avinash Tiwary and Medha Shankr, also promoted the film's first track, "Chhaap Tilak," ahead of its April 24, 2026 release. The event also saw the presence of actress Daisy Shah, who joined the celebration of fitness and sustainability.

Bengaluru (Karnataka) [India], March 7: Domicil, the iconic German home furnishings brand from the House of HTL International, has marked its entry into India's premium sleep and lifestyle segment with the launch of Domicil Sleep--a new vertical dedicated to redefining the way modern homes experience rest. Alongside the launch, the brand has unveiled its first exclusive Domicil Sleep store at LVS Mall, Airport Road, Bengaluru, followed by its second store at Domicil Sleep, BTM Layout 2nd Stage, Bengaluru--introducing Indian consumers to a curated range of mattresses designed to elevate everyday unwinding into a considered lifestyle experience.

Kuala Lumpur [Malaysia], March 6: KPJ Healthcare Berhad ("KPJ Healthcare" or "the Group") today launched its first Neuroscience and Stroke Centre of Excellence ("CoE") at Damansara Specialist Hospital 2 ("DSH2"), marking the second Centre of Excellence established under the KPJ Health System ("KPJHS") and expanding the Group's specialised capability in complex neurological and stroke care.

Vadodara (Gujarat) [India], March 5: The School of Business & Law, Navrachana University, successfully hosted the second edition of its Annual Law Fest, VERDICTUS 2.0, during January-February 2026, reaffirming its commitment to academic excellence, experiential learning, and professional growth in legal education.

India's power demand could see a stronger trajectory in the second half of the year, with improved weather conditions and structural demand drivers supporting the sector, according to a report by Bernstein.

Hong Kong, March 2: The Mira Hong Kong hosted the second annual Ramadan Iftar Dinner on 26 February, reinforcing the city's efforts to position itself as a Muslim-friendly destination and a regional hub for culturally inclusive hospitality. The invitation-only event took place at the penthouse ballroom of the design-driven retreat named Muslim-Friendly Hotel of the Year at the Halal in Travel Awards 2025 by CrescentRating. Building on the inaugural Iftar hosted last year -- the first of its kind staged by a luxury hotel in the Asia's World City - the event was jointly organised with the Consulate General of Turkiye in Hong Kong and Miramar Travel.

New Delhi [India], February 28: In a proud moment for IPS Academy's Institute of Business Management & Research (IBMR) North Campus on Indore-Ujjain Road, four BBA second year students have been selected for the AICTE Saraswati Scholarship Scheme, each receiving INR 25,000.