Author: News Desk

Tesla Inc. has witnessed a substantial and alarming decline in its share value, resulting in a loss of nearly one-fifth of its market capitalization, equivalent to a staggering $145 billion, within a mere two-week span. This downturn is primarily attributed to mounting concerns regarding the future demand for electric vehicles, as reported by Bloomberg. While the entire EV industry is grappling with uncertainties, Tesla’s decline stands out prominently, with its shares plummeting over 17 percent since the October 18 report. This article delves into the factors behind Tesla’s stock drop and the broader challenges facing the EV sector. EV Industry…

A statue of Master Blaster Sachin Tendulkar is set to be unveiled on Wednesday, coinciding with the World Cup match between India and Sri Lanka at the Wankhede Stadium. The ceremony will see the participation of many dignitaries including the man himself will grace the occasion with his presence, and among other notable guests are Maharashtra Chief Minister, Eknath Shinde, and the distinguished Deputy Chief Minister, Devendra Fadnavis. The cricketing world will be well-represented as well, with key figures from the BCCI making their presence felt, including Secretary Jay Shah and Treasurer Ashish Shelar. The Mumbai Cricket Association (MCA) will also…

Apple enthusiasts around the world had their eyes glued to the screen during the company’s recent “Scary Fast” event, where they unveiled their newest lineup of MacBook Pros. The showstopper of the event was the introduction of the M3 series of processors, which promises to take the MacBook experience to the next level. In this article, we’ll delve into the key highlights of the new MacBook Pros and explore their pricing in the Indian market. Introducing the M3 Series Processors The star of the show at Apple’s “Scary Fast” event was undoubtedly the M3 series of processors. These cutting-edge chipsets,…

https://youtube.com/shorts/deUihdaz9SU?feature=share Dubai has consistently affirmed its standing as both a cultural and economic powerhouse, not only within the Middle East but also on a global scale. As the city continues to flourish and magnetize individuals and events from all corners of the world, its role as a cosmopolitan haven remains unchallenged. In yet another display of its international prominence, Dubai has triumphed in its bid to host the prestigious World Cities Culture Summit (WCCS) in 2024. First Ever Middle East Venue for the WCCS Scheduled to take place from October 29 to November 1, 2024, this event signifies a historic…

Zafin, a global banking technology company, today launched their inaugural Aspire & Achieve global scholarships valued at more than INR four lakh each, for female students pursuing a STEM (science, technology, engineering and mathematics) course. It claims to have the intent to encourage and develop the next generation of leaders, entrepreneurs and innovators. Under the Scholarship Program, four exceptional female students, one from each of the geographies where Zafin operates, namely India, APAC, EMEA and Americas, and who are currently enrolled in a Bachelors or Master’s Program with an accredited university, will be awarded the scholarship aimed at improving diversity…

Apple is on the cusp of reaching a significant milestone in India, with its annual revenue projected to approach $10 billion by the year-end, underscoring its growing strategic importance in the country. Apple’s revenue in India is estimated to have soared by 47.8%, reaching ₹49,321 crore ($5.9 billion), driven by impressive sales growth and strong profitability. This achievement positions Apple as a prominent player in the Indian market. Apple’s Dominance in Indian Smartphone Revenue Apple’s dominance in the Indian smartphone market is evident as it topped the revenue charts for the first six months of the year. The company’s sales…

The founder of Infosys Narayana Murthy has recently stated that India’s work culture must evolve and young people must be ready to work 70 hours a week. The statement ignited debates over social media in recent days. Many people have contributed their perspectives on the same. Notably, the proposal also found many takers in the likes of Ola Co-founder Bhavish Aggarwal, former board member of Infosys Mohandas Pai, Harsh Mariwala of Kaya Limited, Radhika Gupta and JSW Group chairman Sajjan Jindal. “I wholeheartedly endorse Mr Narayana Murthy’s statement. It’s not about burnout, it’s about dedication. We have to make India an economic…

https://youtube.com/shorts/aa1Cz3U9258?feature=share A blog post published by US-based cybersecurity firm Resecurity, has claimed that personal identifiable information of about 815 million which is 81.5 crore Indians has been leaked on the dark web. The report reveals that data including names, phone numbers, addresses, Aadhaar, passport information are for sale online. The blog post was cited by media portals Business Standard, Times Now, Mint among many others. “On 9 October, a threat actor going by the name ‘pwn0001’ posted a thread on Breach Forums brokering access to 815 million “Indian Citizen Aadhaar & Passport” records.” Notably, India’s entire population is over 1.486 billion people,” Resecurity wrote…

A recent study has unveiled a growing apprehension among Indian employees regarding the impact of artificial intelligence (AI) on their job security. Unlike their counterparts in the US, UK, and Germany, a significant number of Indian workers are expressing deep concerns about the role of AI in the workplace. The study, conducted as part of the Randstad work monitor quarterly pulse survey, brings these concerns to light. Let’s delve into the details of this emerging trend and the factors that amplify these anxieties. Factors Amplifying Concerns: BPO/KPO Workforce and Rapid AI Adoption One of the primary reasons for the increased…

In a recent study by Berlin-based WorkMotion, Dubai has surged to prominence as one of the leading cities for the burgeoning trend of ‘workations.’ Workations involve individuals working remotely while embracing a change of surroundings, and they have become increasingly popular in the era of flexible work policies. Dubai’s Remarkable Tax Advantage Dubai secures an impressive second position in the rankings, with one standout feature—zero income tax. This unique aspect makes Dubai a preferred choice for those seeking to minimize their tax burdens during their workations, setting it apart from other destinations. Safety and Mobility Excellence The city of Dubai…