Author: News Desk
Tata Group-owned Air India has ordered 34 state-of-the-art trainer aircraft to support cadet pilot training at South Asia’s largest Flying Training Organisation (FTO). Set to open at Belora Airport in Amravati, Maharashtra, by mid-2025 (pending approvals), this initiative marks a significant step toward boosting India’s aviation training capacity. State-of-the-Art Aircraft for Training The order includes 31 single-engine aircraft from Piper Aircraft (USA) and three twin-engine aircraft from Diamond Aircraft (Austria). These planes feature advanced glass cockpits, G1000 avionics systems, and Jet A1 engines, ensuring cutting-edge training for future pilots. FTO to Produce Skilled Pilots The FTO aims to graduate 180…
Cochin Shipyard Ltd (CSL) has started building Next Generation Missile Vessels (NGMVs) for the Indian Navy, setting a major milestone in advanced naval platform development. Steel-Cutting Ceremony HighlightsOn December 16, 2024, Commodore S Parthiban, Warship Production Superintendent, officiated the steel-cutting ceremony at CSL. This marks the official commencement of the project. Key Project Details NGMVs’ Features and Roles Technological AdvancementsThese vessels boast cutting-edge systems such as: Crew and SpeedEach vessel will accommodate 80 personnel and achieve a top speed of 33 knots, ensuring strategic superiority. The CSL statement emphasizes that NGMVs will be crucial for offensive and defensive maritime operations,…
Vishal Chawla is the driving force behind Ravissant, a luxury silverware and lifestyle brand founded by his parents, Ravi and Mina Chawla, in 1981. The company has grown to a Rs 210 crore business, with a significant portion of its revenue coming from international markets, particularly Europe and the US. A Legacy of Luxury Ravissant has carved out a niche in the global luxury market, with a client list that includes prominent figures such as Ratan Tata, Mukesh Ambani, and Naresh Goyal. Vishal’s leadership and the company’s ability to redefine luxury have made it a household name in high-society circles.…
Sobhita Dhulipala, who gained fame as Femina Miss India Earth 2013, has emerged as one of the most successful and sought-after actresses in both Bollywood and Telugu cinema. From her humble beginnings in Tenali, Andhra Pradesh, to becoming a celebrated name in the film industry, Sobhita’s journey has been nothing short of inspiring. Alongside her successful acting career, her net worth reflects her hard work and achievements. Sobhita Dhulipala’s Net Worth As of 2024, Sobhita Dhulipala’s net worth is estimated to be between Rs 7 to 10 crores. This impressive figure comes from her versatile career in both the Bollywood…
Nikhil Kamath, co-founder of Zerodha and True Beacon, recently shared his remarkable journey from a high school dropout to a billionaire finance entrepreneur in a conversation with LinkedIn’s CEO, Ryan Roslansky. Kamath opened up about how failures shaped his success and his first business venture, which started in his school days, only to be thwarted by his mother. Early Entrepreneurial Setbacks Kamath’s entrepreneurial spirit sparked when he was in the 9th grade. After selling a cellphone for a profit, he reinvested the money into buying more phones for resale. However, his mother discovered the venture and flushed the phones down…
Kissht, a digital lending platform, has partnered with cricket legend Sachin Tendulkar, who joins as a strategic investor and brand ambassador. This collaboration is a pivotal step for Kissht in expanding its reach and offering swift, hassle-free credit solutions. Shared Values of Trust and Excellence Sachin Tendulkar’s values of trust, integrity, and excellence align seamlessly with Kissht’s mission to provide accessible and transparent financial services. The partnership will feature various campaigns and marketing initiatives involving the cricket icon. Sachin on the Collaboration Tendulkar expressed his excitement, saying, “Kissht’s focus on trust and accessibility resonated with me. I look forward to…
Karnataka Soaps and Detergents Limited (KSDL), renowned for its Mysore Sandal Soap, is preparing to boost its reach by adding approximately 480 new distributors across India in 2025. Reaching New Regions Traditionally available in southern states, the brand now plans to expand into regions like Jammu and Kashmir, Nagaland, Gujarat, Punjab, and others to enhance its presence. Brand Refresh for 2025 The iconic Mysore Sandal Soap, known for its oval shape, red and green packaging, and tagline “The only soap with 100% pure sandalwood oil,” is set to undergo a brand refresh next year with a new logo and tagline.…
Virat Kohli is reportedly planning to move to London with his wife, Anushka Sharma, and their children, Vamika and Akaay, as per his childhood coach, Rajkumar Yadav. Kohli, currently touring Australia for the Border-Gavaskar Trophy, has been spending a lot of time in London over the past few years, especially after the birth of his son in February 2024. Coach Yadav confirmed the family’s move, noting that Kohli intends to shift soon but will continue to focus on his cricket career for now. Kohli has been in London for extended periods, including following his son’s birth earlier this year. Despite…
Fugitive businessman Vijay Mallya has reacted to the Indian government’s recovery of ₹14,131.6 crore from the sale of his assets, questioning the legal basis for the amount, which he claims is more than double his adjudged debt. Recovery Details and Mallya’s Response Mallya, who fled India in 2016 amidst allegations of financial misconduct related to Kingfisher Airlines, took to social media to challenge the recovery amount. Finance Minister Nirmala Sitharaman had announced in Parliament that public sector banks had recovered the ₹14,131.6 crore through the Enforcement Directorate (ED) and liquidation of Mallya’s assets. Mallya, however, stated that the Debt Recovery…
Devendra Fadnavis, the newly appointed Chief Minister of Maharashtra, has a reported net worth of approximately Rs 5.25 crore. According to his October 2024 affidavit, his immovable assets are valued at Rs 4.68 crore, with movable assets amounting to Rs 56.07 lakh. These include his cash, bank balance, gold ornaments, and investments in various schemes such as insurance and postal savings. Fadnavis owns residential properties in Nagpur and agricultural lands in Chandrapur. Devendra Fadnavis’s Financial Holdings Fadnavis’s financial portfolio includes Rs 23,500 in cash, Rs 2.28 lakh in bank accounts, and Rs 20.7 lakh invested in insurance policies and savings…