Author: News Desk

Jake Kassan, a self-made millionaire who sold MVMT Watches for $100 million, is now opening up about the emotional struggles that followed his financial success. Despite achieving his dreams, Kassan found that wealth didn’t bring him the happiness and fulfillment he had anticipated. At 33, he has shifted his focus toward new ventures and mentoring fellow entrepreneurs, sharing valuable lessons from his own journey. The Price of Success: Anxiety and Depression After the Sale Jake Kassan’s story took an unexpected turn after the sale of MVMT Watches in 2018. At just 27, he sold the brand for an impressive $100…

Volvo Trucks has launched India’s first ‘Road Train’ system, implemented by Delhivery Ltd. This revolutionary transportation solution, inaugurated in Nagpur on February 15, 2025, by Union Minister Nitin Gadkari, is set to transform long-haul logistics with increased efficiency and cargo capacity. What is the Road Train System? The ‘Road Train’ system consists of a tractor pulling multiple trailers, extending up to 25.25 meters. Volvo’s Road Train features the FM 420 4×2 tractor unit, a 24-foot intermediate trailer, and a 44-foot semi-trailer. This innovative setup increases cargo capacity by 50%, reaching 144 cubic meters compared to conventional semi-trailers. Advanced Safety and…

Tata Group is investing ₹500 crore in Mumbai’s Breach Candy Hospital to upgrade infrastructure and technology. This move expands Tata’s influence in the healthcare sector, securing three seats on the hospital’s 14-member board of trustees. Strategic Leadership Move N Chandrasekaran will take over as Chairman of the Breach Candy Hospital Trust from Deepak Parekh in October 2025. The hospital may also incorporate the Tata brand while retaining its original name. Deep-Rooted Connection Breach Candy Hospital has long been associated with Tata, a connection highly valued by Ratan Tata. Tata Trusts have contributed significantly to its medical facilities and equipment over…

A team from IIT Madras is making significant strides in research and technology to support human life beyond Earth. The Extraterrestrial Manufacturing (ExTeM) team is focused on solving challenges related to space colonization. Innovative Construction Materials To tackle Mars’ harsh environment, the team has developed a unique concrete that does not require water, a scarce resource on the planet. Instead, they use a sulphur-based compound, abundant on Mars, to create Earth-standard construction material. Research in Microgravity IIT Madras has built the world’s fourth-largest Microgravity Drop Tower, allowing scientists to study material properties in zero gravity. This research includes developing metal…

The Invest Kerala Global Summit has secured investment commitments worth ₹1,52,905.67 crore from 374 companies across India and abroad. Of these, 66 companies will invest over ₹500 crore each, while 24 IT firms have shown interest in expanding operations in the state. This is expected to generate ₹8,500 crore in investments and create 60,000 jobs. Sharaf Group to Invest ₹5,000 Crore Dubai-based logistics and shipping giant Sharaf Group will invest ₹5,000 crore in Kerala. The company has already submitted a letter of intent to the government and plans to implement its investment projects in two locations within the state. Tata-Backed Shipbuilding Project in Kochi…

Joy Alukkas, Chairman and Managing Director of Joy Alukkas Group, is venturing into the healthcare sector with a new hospital near Thrissur Medical College, Kerala. This marks a significant diversification for the Joyalukkas Group, which has built its reputation in jewellery and real estate. Kerala’s Changing Investment ClimateSpeaking exclusively in an interview with Nisha Krishnan from Channeliam at the Invest Kerala Global Investor Summit in Kochi, Joy Alukkas highlighted the remarkable transformation in Kerala’s business environment. He noted that the state now offers a more stable and welcoming climate for investors, with fewer obstacles such as strikes and shutdowns. He…

Private investments are the key to Kerala’s economic growth, says Kalyan Silks Chairman T. S. Pattabhiraman. Speaking at the Invest Kerala summit, he shared his views with Channeliam.com founder Nisha Krishnan on the state’s evolving business landscape. The Need for Change in Kerala’s Business Environment Pattabhiraman emphasized that while government initiatives and support are essential, private investments are what truly sustain businesses. He highlighted that Kerala’s future growth depends on self-sufficiency, making private participation crucial for long-term economic stability. Favorable Business Climate in Kerala Kerala has undergone a significant transformation in its business environment. The state has not witnessed major…

The Kerala government has set a strict timeline for processing business proposals from the Invest Kerala Global Summit (IKGS 2025). Industries Minister P Rajeeve announced that all Expressions of Interest (EoIs) would be evaluated within two weeks. A review committee, led by the Chief Secretary, will oversee project approvals with coordination from relevant departments. KSIDC will handle large-scale projects over ₹50 crore, while the Industries Directorate will manage MSME proposals under ₹50 crore. IT-related projects will be taken up by the IT department. A dedicated KSIDC team will categorize similar proposals into seven sectors, each monitored by a team of…

Located in Prayagraj (formerly Allahabad), Uttar Pradesh, Anand Bhavan is an iconic site of historical and political significance. Once the ancestral home of the Nehru-Gandhi family, it holds a special place in the hearts of many as a symbol of India’s struggle for independence. A Glimpse into Anand Bhavan’s History Anand Bhavan is a testament to the pivotal role played by its residents in India’s independence movement. Built by Motilal Nehru, a leading figure in the freedom struggle, the house became a place for many significant political discussions and strategies. Notably, it served as a gathering point for key figures…

Jasprit Bumrah is among the highest-paid cricketers in India. He is in the A+ category of the BCCI central contract, earning ₹7 crore annually. Apart from this, he receives ₹15 lakh per Test match, ₹7 lakh per ODI, and ₹3 lakh per T20I. IPL and Brand Endorsements Bumrah’s earnings are further boosted by his IPL contract and brand endorsements. He plays a key role for Mumbai Indians in the IPL, earning a significant salary. Additionally, he endorses several top brands, adding to his wealth. Luxurious Properties Bumrah owns lavish homes in Mumbai and Ahmedabad. His Mumbai property is valued at ₹2 crore, while…