Latest news with #IS
New Indian Express
2 days ago
- New Indian Express
NIA arrests four more for links with IS in 2022 Coimbatore car blast case
CHENNAI/COIMBATORE: In a significant development in the ongoing investigation into the 2022 car blast case in Coimbatore, the National Investigation Agency (NIA) arrested four more accused on Wednesday, for recruitment to the banned terrorist organisation Islamic State (IS). This takes the total arrests in the case across the state to eight. The arrested have been identified as Ahmed Ali, Jawahar Sathik, Raja Abdullah alias MAC Raja and Sheik Dawood. They had been allegedly radicalised by Jameel Basha, founder of Madras Arabic College who, along with his associates, were involved in recruiting youth and subtly infusing Salafi-Jihadi ideology, under the guise of imparting Arabic classes in the state, the NIA said. The arrests followed an investigation into the car explosion on October 23, 2022 near Sangameswarar Temple. Jameesha Mubin, who died in the blast, was found to be an IS sympathiser. NIA had earlier arrested Basha and his associates Irshath, Syed Abdur Rahman and Mohammed Hussain who were using classrooms and social media for their radicalisation activities, NIA said.
Malaysia Sun
3 days ago
- Business
- Malaysia Sun
New steel import rule could disrupt supply chains and impose heavy compliance costs on MSMEs: GTRI
New Delhi [India], June 17 (ANI): The recent regulation by the Ministry of Steel has the potential to disrupt supply chains and may impose heavy compliance costs on India's micro, small, and medium enterprises (MSMEs), according to a report by the Global Trade Research Initiative (GTRI). GTRI said 'the abrupt change could disrupt supply chains and impose heavy compliance costs on MSMEs reliant on imported semi-finished steel'. It adds that new regulation has triggered panic among MSMEs that depend on imported semi-finished steel, with fears of large-scale losses and plant closures The rule, issued by ministry on June 13, mandates that not just the finished or semi-finished steel products, but also the raw materials used to manufacture them must comply with Indian Standards (IS) and be registered on the Steel Import Monitoring System (SIMS) portal. The move applies to all products covered under India's Quality Control Orders (QCOs). Earlier, foreign exporters could ship finished steel to India after getting certification from the Bureau of Indian Standards (BIS). However, under the new regulation, their raw material, like billets, slabs, or hot-rolled coils, must also meet BIS standards. For instance, if a Malaysian firm supplies steel slabs to a Vietnamese company that converts them into steel sheets before being exported to India, both companies must now be BIS-certified. It also highlighted that many importers have already paid advances for shipments arriving between June and August, which now risk of being labelled non-compliant, even though contracts were signed months earlier. Adding to the concern is the exemption given to finished products like welded pipes from the new traceability rule. GTRI noted that there was no need for such compliance, especially when BIS officials already inspect and certify finished products at foreign factories. It added 'BIS certification for upstream suppliers can take six to nine months. Yet the Ministry has enforced the new traceability requirement with only three days' notice and no stakeholder consultation. Also, when BIS officials have already inspected and audited the products, say CR coils, at the foreign entity's facility physically and ensured compliance with the Indian standards, then where is the need to ensure the compliance of the raw material used to make it?' GTRI asks the government to reconsider the move with a warning that without relief or extension, the order could result in widespread factory closures and financial distress. (ANI)
India Gazette
3 days ago
- Business
- India Gazette
New steel import rule could disrupt supply chains and impose heavy compliance costs on MSMEs: GTRI
New Delhi [India], June 17 (ANI): The recent regulation by the Ministry of Steel has the potential to disrupt supply chains and may impose heavy compliance costs on India's micro, small, and medium enterprises (MSMEs), according to a report by the Global Trade Research Initiative (GTRI). GTRI said 'the abrupt change could disrupt supply chains and impose heavy compliance costs on MSMEs reliant on imported semi-finished steel'. It adds that new regulation has triggered panic among MSMEs that depend on imported semi-finished steel, with fears of large-scale losses and plant closures The rule, issued by ministry on June 13, mandates that not just the finished or semi-finished steel products, but also the raw materials used to manufacture them must comply with Indian Standards (IS) and be registered on the Steel Import Monitoring System (SIMS) portal. The move applies to all products covered under India's Quality Control Orders (QCOs). Earlier, foreign exporters could ship finished steel to India after getting certification from the Bureau of Indian Standards (BIS). However, under the new regulation, their raw material, like billets, slabs, or hot-rolled coils, must also meet BIS standards. For instance, if a Malaysian firm supplies steel slabs to a Vietnamese company that converts them into steel sheets before being exported to India, both companies must now be BIS-certified. It also highlighted that many importers have already paid advances for shipments arriving between June and August, which now risk of being labelled non-compliant, even though contracts were signed months earlier. Adding to the concern is the exemption given to finished products like welded pipes from the new traceability rule. GTRI noted that there was no need for such compliance, especially when BIS officials already inspect and certify finished products at foreign factories. It added 'BIS certification for upstream suppliers can take six to nine months. Yet the Ministry has enforced the new traceability requirement with only three days' notice and no stakeholder consultation. Also, when BIS officials have already inspected and audited the products, say CR coils, at the foreign entity's facility physically and ensured compliance with the Indian standards, then where is the need to ensure the compliance of the raw material used to make it?' GTRI asks the government to reconsider the move with a warning that without relief or extension, the order could result in widespread factory closures and financial distress. (ANI)
Time of India
3 days ago
- Business
- Time of India
Steel min order on standards could hurt MSMEs; fear of losses, plant shutdowns: GTRI
A recent steel ministry order mandating BIS standards for imported semi-finished steel and their raw materials is causing concern among MSMEs. Effective June 16, the rule threatens losses and plant shutdowns as many businesses have shipments en route that may not comply. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Popular in Ind'l Goods/Svs 1. Bhushan Power and Steel lenders move SC for review of JSW Steel decision The steel ministry 's latest order on sectoral standards could hurt MSMEs dependent on semi-finished imports, as they now fear heavy losses and potential plant shutdowns, think tank GTRI said on said that the steel ministry's June 13 order has expanded India's quality control regime to ensure that not just BIS (Bureau of Indian Standards) licensed products are imported in the country, but also the input/raw materials used to make them conform to the relevant Indian standards issued by order came into applies to shipments with a bill of lading dated June 16 onward."The rule has triggered fears of massive losses and plant closures among MSMEs that rely on imported semi-finished steel . Many have already paid for shipments now deemed non-compliant," the Global Trade Research Initiative (GTRI) per the order, not only should finished/semi-finished steel products comply with Indian Standards (IS), but also the raw materials or inputs used to make change applies to all steel and steel products covered under Quality Control Orders (QCOs). Importers have to ensure that input materials such as slabs, billets, or hot-rolled coils that are used to make BIS-certified steel in the foreign factory also need to adhere to the relevant BIS standard."India's sudden expansion of its steel import rules has sparked fears of major losses among small manufacturers. Industry groups say the new order gives businesses no time to comply," GTRI Founder Ajay Srivastava added that importers now risk seeing their shipments declared non-compliant, even if contracts were signed months ago and goods are already in said that critics, too, have questioned the feasibility and need for this certification for upstream suppliers can take six to nine months, yet the Ministry has enforced the new traceability requirement with only three days' notice and no stakeholder consultation, he added.
Business Upturn
3 days ago
- Business
- Business Upturn
CG Power bags Rs 641 crore order from Power Grid for 765kV Transformer Package
By Aman Shukla Published on June 17, 2025, 14:58 IST CG Power and Industrial Solutions Ltd. (CG), a key player in the electrical engineering sector, has secured a significant order from Power Grid Corporation of India Limited (PGCIL) under its Corporate Package for high-voltage transformers and reactors. The order, valued at approximately ₹641 crore (USD 74 million), pertains to the 765kV Transformer Package 7TR-12-Bulk under Lot-4 of PGCIL's revised procurement methodology. It includes the supply of 765/400 kV single-phase transformers. The delivery timeline for the equipment spans between 18 and 36 months. This marks the highest single order ever received by CG Power. Headquartered in India, CG Power has a long-standing presence in the transformer segment, offering a broad portfolio of power and distribution transformers and reactors. The company designs and manufactures transformers ranging from 25 kVA to 1500 MVA and up to 765kV class. It also produces reactors from 10 MVAr to 125 MVAr and voltages up to 765kV. CG's products adhere to global standards, including IEC, ANSI, IS, and BS, and serve various sectors such as power utilities, industrial users, process industries, railways, mining, and state electricity boards. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
