Author: News Desk
At just 34, Maya Tata is emerging as a pivotal figure within the Tata Group, one of India’s most prominent business empires. Known for her discreet presence, Maya, the step-niece of the renowned Ratan Tata, holds a crucial role in shaping the future of the Tata conglomerate. An Impressive Lineage Maya’s impressive heritage connects her deeply with the Tata legacy. She is the daughter of Noel Tata, Ratan Tata’s half-brother, and Aloo Mistry, who is the sister of the late Cyrus Mistry, the former Chairman of the Tata Group. The Mistry family’s substantial 18.4% stake in Tata Sons through Cyrus…
Rashami Desai, a prominent figure in the Indian television industry, recently revealed the harrowing period she endured following her divorce from actor Nandish Sandhu. In a candid conversation with Paras Chhabra on his podcast, Desai shared that she faced a severe financial and emotional crisis after her split. Homeless and in Debt Rashami Desai Desai recounted sleeping in her Audi A6 for four days during this tumultuous time. She had accumulated a significant debt, estimated between Rs 3.25-3.5 crore, due to a recent house purchase and a stalled show. Her debt was exacerbated by the closure of her television project,…
Renuka Jagtiani, the CEO and chairwoman of Landmark Group, has solidified her status as a formidable leader in the business world with a net worth of $4.8 billion. At 70, Jagtiani now leads the Dubai-based conglomerate, which her late husband, Micky Jagtiani, founded in 1973. After Micky Jagtiani’s passing in May 2023, Renuka seamlessly took over the reins of the multinational consumer giant, which boasts a workforce of over 50,000 employees. Armed with a Bachelor’s degree in Arts from the University of Mumbai, Jagtiani’s business acumen has garnered her numerous accolades, including the Outstanding Asian Business Woman of the Year…
The Indian government has recently decided to remove the angel tax, a move that could help keep more Indian startups from relocating to Dubai. Finance Minister Nirmala Sitharaman announced this change on July 23, aiming to boost the growth of startups in India. Understanding Angel Tax Angel tax was introduced in the 2012 Union Budget. It was a tax on the money that unlisted companies raised by selling shares at a price higher than their market value. The goal was not to raise money but to limit funding and prevent money laundering, according to Sanjay Malhotra, Revenue Secretary in the…
AR Rahman stands unparalleled as the richest male singer, boasting a net worth of Rs 1,728 crore, according to DNA India and other publicly available data. The 57-year-old musical maestro, renowned for his exceptional compositions, commands a staggering fee of Rs 3 crore per song, making him the highest-paid singer in the country, as reported by CNBC TV18. Primarily known for his work as a music composer, AR Rahman has also lent his iconic voice to numerous unforgettable tracks. His vocal contributions include classics such as “Urvashi Urvashi” (Kadhalan), “Humma Humma” (Bombay), “Dil Se Re” (Dil Se..), “Ishq Bina” (Taal), “Yeh Jo Des Hai Tera”…
Wayanad is grappling with one of the state’s most catastrophic landslides. The communities in Mundakayam and Chooralmala have been left with little to no resources, and the survivors face immense challenges. It is our collective responsibility to support these individuals in rebuilding their lives. The Kerala Startup Mission and a group of entrepreneurs are stepping in to fulfill this duty. Kerala Startup Mission’s Relief Efforts Under the leadership of the Kerala Startup Mission, Kochi, the Startup Square community has initiated a relief effort for Wayanad. Entrepreneurs and Startup Mission staff gathered essential supplies for the affected areas. These supplies, including…
Innovative solutions to foster a healthier environment are gaining momentum in an era where workplace productivity and employee well-being are becoming increasingly interconnected. Two recent initiatives, one by a Japanese firm and the other by a brewing company, highlight creative approaches to improving health and productivity. Paid Leave for Non-Smokers Piala Inc., a Japanese company, recently sparked debate by offering six extra days of paid leave to non-smokers. This policy emerged after non-smoking employees highlighted the time disparity created by smoke breaks. Located on the 29th floor, each smoking break was consuming approximately 15 minutes, leading to significant work time lost.…
Preeti Sudan, a retired Indian Administrative Service (IAS) officer of the 1983 batch from the Andhra Pradesh cadre, has recently been appointed as the Chairman of the Union Public Service Commission (UPSC). This significant move follows the resignation of Manoj Soni, who stepped down due to personal reasons. Sudan’s appointment comes at a time of ongoing controversy, including issues involving probationary IAS officer Pooja Khedekar. Early Life and Education Born on April 30, 1960, Preeti Sudan’s early years laid a solid foundation for her distinguished career in public service. She pursued higher education with a focus on Economics and Social…
The Indian Army has constructed a Bailey bridge to aid rescue operations in Wayanad, Kerala, following devastating landslides. The Madras Engineer Group, deployed from Bengaluru, built the 195-foot-long bridge to replace the only existing bridge connecting Chural Hill and Mundakai, which was swept away by the landslides. The Bailey bridge, originally developed by British civil servant Donald Bailey during World War II, is a portable, prefabricated truss bridge known for its durability and ease of assembly. Initially designed to help Britain’s tanks traverse rugged terrains in North Africa, the Bailey bridge has continued to serve military and civilian purposes worldwide.…
The Jais Flight zip line, located in Ras Al Khaimah, UAE, has been officially recognized by Guinness World Records as the world’s longest zip line, stretching nearly three kilometres. This remarkable attraction is situated on Jebel Jais Mountain, the UAE’s highest peak, which rises to over 1,930 metres. A Hub for Adventure Tourism Positioned 1,680 metres above sea level, the Jais Flight zip line is enhancing Ras Al Khaimah’s reputation as a premier adventure tourism destination. Visitors can start their thrilling experience at the Jais Adventure Park welcome centre, where they can purchase tickets and prepare for their zip line…