
Cyient chief unveils Vangoori's memoir
In the book, Vangoori draws from his life's journey, which began in post-Independence India, through humble beginnings and numerous turning points, to the establishment of Jaisara Tooling Systems Pvt Ltd, an enterprise that became a trusted global name in high-precision aerospace tooling. His experience at HEC Ranchi and HAL in the 1960s laid the foundation for a career steeped in innovation, discipline, and a relentless pursuit of excellence.
What distinguishes this memoir is not just the story of entrepreneurial success, but the depth of personal reflection. From a challenging childhood and early exposure to the values of education and integrity, to the triumphs and trials of building a business in a nascent industrial economy, Vangoori paints a vivid picture of post-Independence India's industrial awakening.
Over the decades, Vangoori collaborated with leading Indian and global aerospace and engineering firms, playing a significant role in advancing India's capabilities in aerospace tooling, well ahead of the 'Make in India' era.
But the heart of this book lies in his enduring passion for mentorship, his belief in lifelong learning, and his commitment to nurturing a culture of purpose-driven innovation.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Hans India
19 minutes ago
- Hans India
Nifty eyes record highs as late rally sparks optimism; All eyes on US trade deal
After a sluggish start on July 9, the Nifty 50 rebounded impressively, closing near the day's high and gaining 61 points to end at 25,522. A late-session rally—fueled by renewed interest in largecap financials—helped the index break out of a narrow trading range, with analysts now eyeing a potential push towards record highs. Financial giants like Kotak Mahindra Bank, which surged over 3% following a strong Q1 update, were instrumental in lifting market sentiment. Other top gainers included Eternal and Asian Paints, while Titan, Dr. Reddy's, and Bajaj Auto dragged the index, with Titan tumbling nearly 6% on weak jewellery segment performance. The broader markets mirrored the recovery. Despite early losses, the Nifty Midcap 100 slipped only 0.17%, while the Smallcap 100 fell by just 0.29%, signaling a broad-based bounce-back. Sectoral performance was mixed. Nifty Realty, Financial Services, and Private Banks led the gainers, while Consumer Durables, Pharma, and Healthcare saw profit booking. In thematic plays, textile stocks gained sharply after the US imposed a 35% tariff on Bangladesh, raising hopes for increased Indian exports. AMC stocks also saw action following SEBI's proposal to ease mutual fund norms under tighter regulations. Foreign institutional investors (FIIs) continued to sell in the cash market, while domestic institutional investors (DIIs) stepped in as net buyers, cushioning the fall. Market experts remain bullish. Siddhartha Khemka of Motilal Oswal highlighted improving sentiment driven by trade deal hopes and the upcoming earnings season. Technically, analysts see key resistance levels ahead. HDFC Securities' Nandish Shah noted that Nifty has been forming higher highs and lows, with resistance at 25,669. A breakout could target the 26,000 mark, while 25,331 is the support. LKP Securities' Rupak De pointed to a bullish setup on the charts, citing a green candle forming after a hammer and doji pattern—often a signal of further upside. He placed resistance at 25,600–25,800 and support around 25,400. Angel One's Rajesh Bhosale added that a move above 25,700 could trigger fresh highs, with 25,300–25,450 acting as a buffer zone on the downside. Nagaraj Shetti of HDFC Securities echoed the positive trend, saying a breakout above 25,700 may push Nifty towards the 26,000–26,200 zone. Immediate support lies at 25,425. As global cues, especially the US trade negotiations, remain pivotal, traders are advised to watch key levels for the next leg of market movement.
&w=3840&q=100)

First Post
22 minutes ago
- First Post
How much is Brics worth for India? A look at business, trade links
India's total trade with Brics nations touched $399 billion in 2024, growing at an annual rate of 20 per cent since 2020. The platform gives India access to vast markets, although trade deficits need to be addressed read more India's trade ties with the Brics bloc are expanding rapidly, as the country deepens its economic engagement with a group that now represents nearly half the world's population and about 40 per cent of global GDP. However, the surge in trade volumes has come with widening deficits, particularly with China and Russia, raising questions about the sustainability and strategic value of these partnerships, according to a report by Rubix Data Sciences. The Brics grouping, originally comprising Brazil, Russia, India, China, and South Africa, now includes Egypt, Ethiopia, Indonesia, Iran, Saudi Arabia, and the United Arab Emirates. Together, the 11-member bloc accounted for $10.5 trillion in trade in 2024, with Brics nations emerging as net exporters in global merchandise flows. STORY CONTINUES BELOW THIS AD India's growing trade with Brics India's total trade with Brics nations touched $399 billion in 2024, growing at an annual rate of 20 per cent since 2020. However, the country's trade deficit with Brics widened nearly threefold over the same period, from $68 billion to $209 billion. Imports from Brics countries reached $304 billion last year, up 24 per cent annually since 2020. That now accounts for 43 per cent of India's total imports, a significant rise from 35 per cent just four years earlier. A major driver of this surge is Russia, which has become India's top crude oil supplier. India imported an average of 1.76 million barrels per day from Russia in FY2025, making up 35 per cent of its total oil imports. Imports from the UAE, Indonesia, and China have also risen sharply. A lopsided equation? India exported $95 billion worth of goods to Brics countries in 2024, reflecting a slower growth rate of 11 per cent per year since 2020. These exports make up about 22 per cent of India's total export basket. While exports to South Africa, the UAE, Saudi Arabia, and Brazil have grown at healthy rates, the overall trade balance remains skewed. China alone accounted for a $94 billion trade deficit in 2024. Bilateral trade with China grew to $124 billion, but Indian exports to the country have fallen 6 per cent since 2020, while imports from China rose 17 per cent, driven largely by high-value electronics and industrial inputs, according to the Rubix report. Russia is another key concern. India's trade deficit with Moscow ballooned to $59 billion, up eighteenfold since 2020, mainly due to rising oil imports following the Ukraine war. Some bright spots Among the more balanced relationships is Brazil, with which India has no trade deficit. India's exports to Brazil, dominated by agrochemicals and petroleum products, have grown 16 per cent annually. Imports, largely sugar and agricultural products, grew at 13 per cent annually. India is also a major refiner and exporter of petroleum products within the bloc. With over 250 million metric tonnes of refining capacity, India ranks seventh globally in refined product exports, which feature prominently in its trade with at least six Brics partners. STORY CONTINUES BELOW THIS AD


NDTV
30 minutes ago
- NDTV
More Indian Students Choosing New Zealand For Overseas Education. Here's Why
As Indian students look overseas for academic and career advancement, New Zealand is emerging as a key destination of choice. While countries like the US, UK, Canada, and Australia have traditionally dominated the study-abroad landscape, changing global education policies and student priorities are prompting a shift toward newer, stable destinations. Among them, New Zealand is gaining traction for its quality education, post-study work oppoutnities, and high living standards. Surge in Indian Enrolments According to Education New Zealand (ENZ), enrolments from India rose by 34% between January and August 2024 - from 7,930 in 2023 to 10,640 in 2024. Indian students now make up 11% of all international university enrolments in the country, ranking second after Chinese students. Notably, data from IDP Education shows that the number of Indian female students in New Zealand universities doubled between 2023 and 2024, highlighting a growing preference among students seeking safe and supportive academic environments. High-Quality Education Across Disciplines New Zealand's eight universities are globally ranked, with all listed in the QS World University Rankings 2026. Leading institutions include the University of Auckland (ranked 65), University of Otago (197), and Massey University (230). These universities offer strong programmes in various fields such as Data Science, Engineering, Fintech, Business Analytics, Nursing, Hospitality, and Education. Affordable Education and Living Costs The cost of studying in New Zealand ranges between NZD 20,000 (Rs 10,26,953) to 40,000 (Rs 20,53,906) annually for international students, which remains competitive compared to the US and UK, and on par with Australia and Canada. With manageable living expenses and access to part-time work rights during study, the country offers a cost-effective option for Indian students. Flexible Post-Study Work Options One of New Zealand's key draws is its flexible post-study work (PSW) policy. International students completing at least 30 weeks of a Master's or Doctoral programme are eligible for a three-year PSW visa. In late 2024, Immigration New Zealand extended these benefits to students pursuing shorter, stackable postgraduate qualifications - allowing those completing a Postgraduate Diploma followed by a Master's to access full work rights. As of March 2025, the country's unemployment rate stood at 5.1%, offering a favourable outlook for graduates entering the job market. Focus on Bilateral Educational Ties New Zealand is also strengthening institutional ties with India. In 2024, Education New Zealand signed partnership agreements with Indian institutions and state agencies including IIM Ahmedabad, GIFT City, and the Karnataka State Higher Education Council. These collaborations aim to foster research, student exchange, and academic cooperation. Quality of Life and Community Support Beyond academics, New Zealand ranks high on global indices of peace, happiness, and work-life balance. It placed 12th on Global Finance's 2025 Happiness Index and has been ranked third on the Global Peace Index. The country also topped Remote's Global Life-Work Balance Index for the third consecutive year. With over 270,000 people of Indian origin living in New Zealand, students benefit from a culturally familiar environment and supportive diaspora networks.