Author: News Desk

The Indian Premier League (IPL) is not just a cricket tournament but a massive business with huge money involved. The owners of IPL teams such as Royal Challengers Bangalore (RCB) and Punjab Kings (PBKS) earn significant profits from each match. This article explains how much money these team owners make from a single IPL game and the expenses they incur. High Revenue Generated by the IPL The IPL generates much more revenue than the amount spent by the team owners. This makes the tournament a strong business model. Revenues come from different sources like ticket sales, sponsorship deals, and media…

The Infosys InStep Internship Program 2025 offers a prestigious chance for students worldwide to gain practical experience at one of the top IT and consulting firms. Ranked as the world’s #1 internship by Vault Firsthand for five years in a row, this fully funded program supports students eager to work on real projects in cutting-edge technology and business fields. Program Overview and Eligibility The internship lasts between 8 to 12 weeks, depending on the student’s academic schedule. It is open to undergraduate, graduate, MBA, and Ph.D. students from accredited universities globally. Eligible fields include Computer Science, IT, Engineering, Data Science,…

India has invested nearly ₹20 lakh crore (approximately USD 216 billion) in US Treasury Bonds. While this may appear surprising given America’s mounting debt of over USD 34 trillion, the decision reflects India’s strategy to preserve financial security and leverage the global dominance of the US dollar. Why US Bonds Remain Attractive The US raises funds from other nations through Treasury Bonds, Bills, and Securities—essentially official loan agreements that promise repayment with interest. Despite its debt, the US continues to be a preferred borrower due to global trust in its economic strength and ability to meet obligations. For countries like…

Israel has become the first country in the world to deploy high-powered laser weapons to intercept enemy drones in an actual war scenario. The Israeli Air Force (IAF) used these laser systems during the ongoing “Swords of Iron” conflict in Gaza, marking a major leap in modern military technology. Developed by Rafael Advanced Defense Systems The laser weapons were developed by Rafael, a prominent Israeli defence firm. These energy-based weapons target enemy drones using intense beams of light that generate heat, damaging or destroying them mid-air. High Interception Rates in Gaza Conflict According to Rafael, the Aerial Defense Array of…

Jaguar Land Rover (JLR) has introduced the exclusive Range Rover SV Masāra Edition in India, priced at Rs 4.99 crore (ex-showroom). This special edition model is limited to just 12 units, making it one of the rarest Range Rovers available in the country. The SV Masāra Edition follows the earlier India-specific limited edition, the Range Rover SV Ranthambore Edition, launched earlier this year. Meaning Behind the Name ‘Masāra’ The name ‘Masāra’ is inspired by Sanskrit and reflects the rare sapphires found in the Himalayan region. This connection to heritage and nature is mirrored in the design and color themes of…

In 1995, Mark Leonard left the venture capital world and started Constellation Software Inc (CSI) with an initial funding of $25 million. Nearly three decades later, in 2024, the company reached a staggering market capitalization of $89 billion, delivering an annual return of about 33%. Unlike other famous investors, Leonard keeps a low profile — he rarely gives interviews or appears in public. Known as the “Monk of the Market,” Leonard’s disciplined and silent approach has earned him a reputation as one of the most effective long-term investors today, quietly surpassing the fame of figures like Warren Buffett and Elon…

Microsoft CEO Satya Nadella recently addressed the layoff of around 6,000 employees, clarifying that the move was not due to poor performance. Instead, the layoffs were part of an organizational restructuring aimed at realigning the company’s operations with its growing emphasis on artificial intelligence (AI). Shift Toward an AI-First Strategy Nadella emphasized that Microsoft is transitioning into an “AI-first” company. This means a reallocation of resources and talent toward business areas that support AI development and integration. The decision reflects Microsoft’s broader strategic direction focused on long-term technological transformation. Boosting AI in India Through Yotta Partnership In a major move…

Ericsson is scaling up its manufacturing operations in India. Currently, Jabil produces its 4G and 5G equipment in Pune, while VVDN manufactures antennas. With the VVDN partnership, India joins Ericsson’s global manufacturing network, alongside Mexico, Romania, and China. The company plans to export antennas made in India at competitive prices, leveraging local demand and cost efficiencies. India as a Global Export Hub Ericsson sees potential for India to become a key export hub. While antennas are set for export, exporting 4G and 5G gear from the Jabil facility is also on the horizon. However, the company wants to increase local…

GEMS Education, the Dubai-based school operator, is expanding rapidly after receiving major investments. The company’s new campus in Dubai Sports City has attracted investment from the Omani Izdihar Real Estate Fund, managed by Bank Muscat. Dubai’s Most Expensive School Under Development The upcoming GEMS School of Research & Innovation campus is set to be Dubai’s most expensive school, with a development cost of $100 million. The campus is scheduled to open in August and has already seen strong early student enrolments, reflecting a high demand for quality education in Dubai. Strong Investor Confidence in GEMS and Dubai’s Education Sector Dino…

The Dubai Corporation for Tourism and Commerce Marketing (Visit Dubai), under the Dubai Department of Economy and Tourism (DET), has launched a fresh travel campaign titled “Dubai, Ready For a Surprise”, featuring Indian celebrities Virat Kohli and Anushka Sharma. Personal Connection with the City Having visited Dubai multiple times, Virat and Anushka share a personal bond with the city. This familiarity has led to their first destination-focused campaign, showcasing their connection through a journey of unique and carefully curated experiences. Highlighting the Unexpected The campaign’s main film captures Dubai as a city full of surprises. As Virat plans a personalised trip for Anushka,…