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Haldiram Snacks Food, a prominent Indian snack brand, has announced the sale of a minority stake to two new investors, International Holding Company (IHC) and Alpha Wave Global, although specific deal details remain undisclosed. This announcement follows Haldiram's recent acquisition of a minority stake by Singapore's Temasek. Collectively, IHC and Alpha Wave are acquiring approximately 6% of Haldiram at a valuation of USD 10 billion, marking a significant milestone for the Indian packaged food sector. The investment aims to bolster Haldiram's global expansion, particularly in the US and Middle East, where demand for Indian cuisine is rising. Haldiram's spokesperson emphasized that this partnership represents long-term support for the company's growth, while IHC's CEO expressed enthusiasm for driving innovation and market presence. The company, established in 1937, has a rich history and now sells products in over 80 countries. 
Published: Apr 02 2025, 11 ameznews.inIn a significant blow to West Bengal's Mamata Banerjee government, the Supreme Court has upheld a Calcutta High Court ruling that annulled the appointment of over 25,000 teachers and non-teaching staff due to widespread fraud and manipulation in the selection process. The court, led by Chief Justice Sanjiv Khanna, dismissed the government's appeal and mandated a fresh selection process to be completed within three months. While those who pass this new process will not need to return their salaries since 2016, others must repay theirs. The controversy centers on the issuance of appointment letters exceeding the number of available posts, raising allegations of illegal recruitment linked to supernumerary positions. The scandal has led to the arrest of several top Trinamool Congress leaders, including former Education Minister Partha Chatterjee. Senior BJP leader Amit Malviya called the verdict a "crushing defeat" for Banerjee, urging accountability for the educational fraud.
Published: Apr 03 2025, 11 ameznews.inNEW DELHI: External Affairs Minister S. Jaishankar has firmly countered remarks by Bangladesh’s Chief Adviser Muhammad Yunus, who described India's Northeast as "landlocked" and positioned Bangladesh as the region's "guardian of ocean access." Jaishankar emphasized India's vital role in the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC), highlighting India's extensive 6,500-km coastline and geographical connections with fellow BIMSTEC members. Yunus made his comments during a recent visit to China, where he signed multiple agreements, including a $2.1 billion financial package, while urging Beijing to enhance its influence in Bangladesh. His statements drew condemnation from Indian leaders, particularly in the Northeast, with Assam Chief Minister Himanta Biswa Sarma calling them "offensive" and warning of strategic implications for India's territorial integrity. Former Manipur Chief Minister N Biren Singh accused Bangladesh's interim government of treating the Northeast as a "strategic pawn."
Published: Apr 03 2025, 11 ameznews.inIn a tragic incident in Kalaburagi, Karnataka, a man identified as Santosh allegedly murdered his wife and two children before taking his own life. The events unfolded in a private apartment on Jewargi Road, where police discovered the bodies of the victims, including a toddler, lying on the floor and bed. Disturbing visuals also showed Santosh hanging from a ceiling fan. Authorities are currently conducting further investigations to uncover more details surrounding the case, including the identities of the victims and the motives behind this shocking act. The community is left in disbelief as the police work to piece together the circumstances that led to this family tragedy.
Published: Apr 03 2025, 10 ameznews.inThe Fram2 mission has made history by sending the first civilian astronauts to orbit the Earth's polar regions, capturing stunning footage of Antarctica's "pure white" landscape from approximately 285 miles above. On Wednesday, the crew aboard the SpaceX Crew Dragon capsule, including Chinese-born crypto billionaire Chun Wang, shared a six-minute video showcasing the snow-covered expanse, devoid of human activity. Wang humorously dubbed his sock-clad feet on the spacecraft's glass dome as a "spacewalk," eliciting laughter from his fellow astronauts. This mission, which requires more fuel than traditional paths, allows the crew—comprising Wang, Jannicke Mikkelsen, Rabea Rogge, and Eric Phillips—to witness the poles from a unique perspective. Over the course of two to four days, they will conduct over 22 experiments before performing a deorbit burn and splashing down in the Pacific Ocean, with their return scheduled for April 4.
Published: Apr 03 2025, 9 ameznews.inThe Indian commerce ministry is currently assessing the implications of the United States' newly announced 26 per cent reciprocal tariffs on imports from India, set to take effect in two phases starting April 5. A senior official indicated that the ministry is evaluating the situation, noting that the Trump administration might consider reducing these tariffs if India addresses U.S. concerns. The U.S. President highlighted India's high tariffs on American goods, which he claims average 52 per cent, as a reason for the tariffs, describing the move as a pivotal moment for American industry. Despite the challenges posed by these tariffs, the official described the situation as a "mixed bag" rather than a setback for India, which is in the process of negotiating a bilateral trade agreement with the U.S., aiming for completion by fall 2023.
Published: Apr 03 2025, 9 ameznews.inIndian astronaut Shubhanshu Shukla is set to fly to the International Space Station (ISS) as part of Axiom Mission 4 (Ax-4), with a launch anticipated in May 2024, according to NASA. Currently an officer in the Indian Air Force, Shukla will serve as the mission's pilot, becoming only the second Indian in space since Wing Commander Rakesh Sharma in 1984. He will be joined by former NASA astronaut Peggy Whitson, Polish astronaut Slawosz Uznanski-Wisniewski, and Hungarian astronaut Tibor Kapu. Shukla's selection follows his designation as a key astronaut for India's Gaganyaan mission, aimed at sending a crew to low Earth orbit. Group Captain Prasanth Balakrishnan Nair has been named as a backup astronaut. Ax-4, launching from the Kennedy Space Center aboard a SpaceX Dragon spacecraft, will mark the first spaceflight for astronauts from Poland and Hungary, with the crew expected to spend up to 14 days at the ISS.
Published: Apr 03 2025, 9 ameznews.inNEW DELHI: A Jaguar fighter jet of the Indian Air Force (IAF) crashed in Gujarat's Jamnagar during a night mission on Wednesday, resulting in the death of one pilot, while the other is currently hospitalized. The IAF reported that both pilots experienced a technical malfunction and successfully ejected, preventing harm to the airfield and local residents. In a statement, the IAF expressed deep regret over the loss of life and extended support to the bereaved family, announcing a Court of Inquiry to investigate the incident. The crash occurred near Suvarda village, approximately 12 km from Jamnagar city, with videos showing a field ablaze and debris scattered across the area. The twin-seater Jaguar, a widely utilized aircraft in the IAF since the late 1970s, was on a routine training sortie at the time of the accident.
Published: Apr 03 2025, 7 ameznews.inIndia's Federation of Indian Export Organisations (FIEO) expressed concerns over the 26% tariffs imposed by US President Donald Trump, acknowledging the impact on domestic exporters. However, FIEO's Director General, Ajay Sahai, noted that India is in a relatively stronger position compared to competitors like Vietnam and China, with lower reciprocal tariffs. Trump highlighted India's high tariffs on US products, stating that India charges 56%, prompting the new tariffs. In 2023-24, the US remains India's largest trading partner, accounting for 18% of total goods exports, with a trade surplus of USD 35.32 billion. Key exports to the US included pharmaceuticals and telecom instruments, while major imports comprised crude oil and diamonds. FIEO hopes for a swift conclusion to the ongoing bilateral trade agreement, which could alleviate the effects of the tariffs.
Published: Apr 03 2025, 5 ameznews.inThe Waqf Amendment Bill was passed in the Lok Sabha early Thursday after a lengthy 12-hour debate, concluding with a vote of 288-232. The bill, which amends the 1995 Waqf law, will be presented in the Rajya Sabha later today. Key provisions include the mandatory inclusion of two non-Muslim members in the Central Waqf Council and Waqf Boards, and stipulations that only practicing Muslims for five years can donate properties to Waqf. The Opposition criticized the bill as unconstitutional and accused the government of attempting to disenfranchise minorities. Union minister Amit Shah defended the bill as necessary for property management, citing past irregularities regarding Waqf properties. The All India Muslim Personal Law Board announced plans to challenge the bill legally and organize nationwide protests against it. The debate has intensified concerns about the implications for minority rights and property ownership in India.
Published: Apr 03 2025, 2 ameznews.inNEW DELHI: Asaduddin Owaisi, leader of the AIMIM and MP from Hyderabad, staged a symbolic protest against the Waqf Amendment Bill in the Lok Sabha, drawing parallels to Mahatma Gandhi's defiance of unjust laws in South Africa. He condemned the bill as unconstitutional, claiming it fosters divisiveness in the country under the guise of religious issues, and urged acceptance of his proposed amendments. This protest followed remarks from Union Home Minister Amit Shah, who asserted that the law would be accepted by all. The Opposition, united in its opposition to the bill, argued that it violates fundamental rights, including equality before the law and freedom of religion. Senior Congress leader KC Venugopal described the legislation as "dangerous and divisive," criticizing the government for prioritizing it over pressing issues like farmers' rights and youth unemployment. Concerns from the Muslim community suggest the amendments aim to increase governmental control over Waqf properties, a claim dismissed by BJP representatives.
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