Latest news with #Group
India Today
3 hours ago
- Business
- India Today
Soul of every journey: Air India pays tribute to members lost in Ahmedabad crash
In an earnest homage, Air India remembered its ten crew members who died in the Air India flight AI 171 crash on June 12. Air India posted a message on its official handle on social media platform X: 'With hearts full of sorrow, we remember the cabin crew members we lost - beloved colleagues, cherished friends, and the soul of every journey they were a part of.'advertisementThe condolence statement was issued by Air India and the Tata Group eight days after the tragedy that claimed 274 lives. On June 12, an Air India Boeing 787 Dreamliner bound for London, carrying 242 people, crashed into a medical college hostel just moments after taking off from Ahmedabad airport at approximately 1:35 'they were family', the messaged remembered the cabin crew members: Aparna Amol Mahadik, Shradha Mahadev Dhavan, Deepak Balasaheb Pathak, Irfan Samir Shaikh, Lamnunthem Singson, Maithili Patil, Kongbrailatpam Nganthoi Sharma, Saineeta Abin Chakravarti, Manisha Thapa, and Roshni Rajendra Songhare. 'You flew with compassion. You will be remembered with love,' the message read after naming each of the 10 deceased staff Group and Air India mourned the loss of its cabin crew members and honoured the crew's personal and professional contributions. The statement on its social media handle X comes a day after N Chandrasekaran, Chairman of Tata Sons and Air India, said he deeply regretted the accident. 'It is an extremely difficult situation where I have no words to express to console any of the families of those who died. I deeply regret that this accident happened in a Tata-run airline. And I feel very sorry,' he also announced plans to create an 'AI-171 Trust' to provide long-term support, including financial and other needs, to the affected families.A day after the crash, Chandrasekharan in a letter to Tata Group employees called June 12 'one of the darkest days in the group's history.''What occurred yesterday was inexplicable... to lose so many at once is incomprehensible,' he the aftermath of one of the deadliest air disasters India has seen, Air India will cut wide-body international flights by 15 per cent until mid-July due to stricter DGCA checks and Iranian airspace closures. Meanwhile, the aviation ministry has set a 60-day deadline for owners to report illegal structures near airports before demolition.
The Sun
3 hours ago
- Business
- The Sun
Easou Technology Holdings Limited Enters into Agreement to Raise Over HKD 180 Million Through Share Placement
HONG KONG SAR - Media OutReach Newswire - 20 June 2025 - Easou Technology Holdings Limited （'Easou' or the 'Company,' together with its subsidiaries, collectively referred to as the 'Group'; HKEX stock code: 2550）a leading AI-powered search and recommendation technology company, is pleased to announce that it has entered into a placing agreement with Growth Value LTD to raise approximately HKD 183.5 million through the placement of 57,330,000 new shares (the 'Placing Shares') at a placing price of HKD 3.2 per share (the 'Placing'). The Company presently intends to use the net proceeds from the Placing to fund: the research and development of its AI recommendation engine and artificial intelligence-generated content (AIGC), enabling new application scenarios across various entertainment verticals. Proceeds will support the expansion of its online gaming and short drama content in overseas markets, as well as the ongoing upgrades and development of its intelligent advertising platforms. This transaction will strengthen Easou's capital base and enhance its financial position and net assets base for long-term development and growth. The funds raised will enhance the Group's research and development capabilities, reinforce its technological edge, support its positioning as a third-party online reading platform, and accelerate the expansion of its digital marketing services and international business. In a demonstration of confidence in the Company's future, Mr. Wang Xi, Executive Director, Chairman, and CEO of Easou, has voluntarily committed not to sell any of his shares for 75 days from the date of the agreement. Mr. Wang Xi commented: 'This fundraising marks a pivotal step in the Group's strategy to build its AI+ content ecosystem. By prioritizing investment in the research and development of AI recommendation engines and AIGC technologies, we are empowering the growth of our digital marketing services while accelerating the rollout of high-potential content formats such as short dramas and online games. At the same time, our overseas expansion strategy is aimed at capturing the vast opportunities presented by the global AI market. This transaction will significantly enhance Easou's capital base and investor foundation, further strengthening our leadership in the rapidly evolving AI era.'
The Wire
6 hours ago
- Business
- The Wire
SAINT-GOBAIN ENHANCES ITS DIGITAL CONSTRUCTION CHEMICALS PLATFORM WITH THE ACQUISITION OF MATURIX
PARIS, June 19, 2025 /PRNewswire/ -- Saint-Gobain announces the next step in the expansion of its digital construction chemicals platform with the acquisition of Maturix, based in Denmark, a leading provider of real-time monitoring solutions for the concrete industry. Maturix offers cutting-edge wireless sensor technology which allows remote real-time monitoring of concrete properties during the curing and hardening process, enabling contractors to optimize their operations and ease traceability requirements. This reduces the duration of the concrete construction cycle by up to 50% and improves job-site efficiency, all while improving concrete quality and ensuring a high level of structural performance. Maturix and Saint-Gobain have successfully collaborated since 2019. This acquisition enhances Saint-Gobain's digital solutions offering across the concrete and cement value chains, enabling the Group's customers to reduce overdesign and optimize operations. Saint-Gobain spearheaded the digital transformation of the concrete industry initiated by GCP with Verifi®, its market-leading digital in-transit concrete management suite, deployed across three continents (North America, Europe, and Asia-Pacific). Verifi® uses real-time monitoring to reduce waste, improve operational performance and drive cost efficiencies. Maturix perfectly complements Verifi® in optimizing concrete placement on site. The two companies are already working on a joint offering. The acquisition of Maturix demonstrates the Group's commitment to expanding its offer of integrated digital solutions for its customers. Sid Singh, CEO of Verifi®, comments: "By combining the data and digital expertise of Maturix and Verifi® with Saint-Gobain's leadership in concrete admixtures, we will unlock new use cases for the Group's customers. We will provide them with personalized recommendations to manage their operations with increased visibility and precision to reduce their costs and environmental impact." About Saint-Gobain Worldwide leader in light and sustainable construction, Saint-Gobain designs, manufactures and distributes materials and services for the construction and industrial markets. Its integrated solutions for the renovation of public and private buildings, light construction and the decarbonization of construction and industry are developed through a continuous innovation process and provide sustainability and performance. The Group, celebrating its 360th anniversary in 2025, remains more committed than ever to its purpose "MAKING THE WORLD A BETTER HOME". - €46.6 billion in sales in 2024 - More than 161,000 employees, locations in 80 countries - Committed to achieving net zero carbon emissions by 2050 For more information about Saint-Gobain, visit and follow us on X @saintgobain Photo - Photo - Logo - Contacts: Patricia Marie - Laure Bencheikh - Yanice Biyogo - (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). This is an auto-published feed from PTI with no editorial input from The Wire.
8 hours ago
- Politics
Ishiba Calls for Expanding Japan-South Korea Exchanges
News from Japan Politics Jun 20, 2025 12:30 (JST) Tokyo, June 20 (Jiji Press)--Japanese Prime Minister Shigeru Ishiba has called for expanding exchanges between his country and South Korea as this year marks the 60th anniversary of the normalization of diplomatic relations between the two neighboring countries. "We want to pass on the baton of exchanges we have nurtured to the next generation while further broadening the scope of Japan-South Korea cooperation," Ishiba said in a speech at a reception hosted by the South Korean Embassy in Tokyo on Thursday to commemorate the anniversary. Ishiba said that he had very good discussions with South Korean President Lee Jae-myung when they met in Canada on Tuesday on the sidelines of the Group of Seven summit. "As the strategic environment surrounding Japan and South Korea is becoming increasingly severe, let's take a new step toward a better future hand in hand," the prime minister stressed. Meanwhile, South Korean Ambassador to Japan Park Cheol-hee said that the bilateral relations have continuously deepened despite twists and turns in the past. [Copyright The Jiji Press, Ltd.] Jiji Press
Leader Live
16 hours ago
- Sport
- Leader Live
Merchant overcomes wide draw for King George V glory
Drawn in stall 20, Marquand had chosen to drop in behind horses while Ryan Moore on Serious Contender, who was also posted out wide, opted to go forward. Moore was still in front as they entered the final furlong but Merchant picked up well to defy an 8lb rise for winning at York last time out and justify 3-1 favouritism by a length, with Pantile Warrior a further neck back in third. 'It was difficult to watch because all I was watching was the time per furlong and they set off like scalded cats,' said Haggas. 'I then thought they hadn't gone fast enough because in every race this week on the round track, they've gone so fast and everything has come off the speed. 'He was plenty far back and I knew when he turned for home he'd be able to sit a bit, I knew he'd come home. I was really pleased with him. 'You hope (they are good enough). He's clearly progressive and I'm afraid I don't know how far he will go. It's extremely exciting.' Arabian Story provided Saeed bin Suroor with a 40th Royal Ascot winner in a dramatic finish to the Britannia Stakes. Having just the fourth run of his life and his first on turf, the 15-2 chance had to be brave under Oisin Murphy. La Botte and Fearnot both threw down late challenges but it was Arabian Story who prevailed by a neck and a head. Bin Suroor said: 'We took him to Dubai and physically he improved a lot. He always works well in the morning and I said to Oisin keep him handy and he gave him a great ride. Oisin is the best – he is world-class and one of the best around. 'He is still improving and it was only his second race in the UK. We'll have to maybe find a Group race for him now and Oisin said he is definitely a Group horse. 'He's good at the mile but he could go further, maybe up to a mile and a quarter.' Never So Brave, trained by the now-retired Sir Michael Stoute in his early days, then provided Murphy with a double in the Buckingham Palace Stakes. Now with Andrew Balding, the 4-1 favourite positively shot clear once a gap appeared on the rail and triumphed by two and a quarter lengths. Akkadian Thunder ran on for second, with Holguin a further two and a quarter lengths back in third. It was Balding's 13th winner at the meeting and he said: 'He's a really lovely horse and I think gelding him over the winter has helped him and improved him. 'Sir Michael always had a high opinion of him and he ran here in the Jersey Stakes last year, so I think he was probably a Group horse in a handicap today. 'He settled well today and I think the key is to get him to relax early in his races. He has an excellent turn of foot when you can get him to do that.'
