Author: News Desk
The Federal Tax Authority (FTA) in the United Arab Emirates (UAE) has issued a stern warning to Corporate Taxpayers holding licenses obtained in March and April. Failure to submit registration applications by June 30, 2024, could result in penalties, as outlined in Federal Tax Authority Decision No. (3) of 2024. Under Cabinet Decision No. (75) of 2023, penalties are enforced for violations of Federal Decree Law (47) of 2022 on the Taxation of Corporations and Businesses and its amendments. These penalties are applicable to those who fail to adhere to the deadlines set by the FTA for Corporate Tax registration…
Volvo Car India has achieved a significant milestone in its journey towards electrification by delivering over one thousand electric vehicles (EVs). This announcement underscores the brand’s commitment to sustainable mobility. The three EV models offered by Volvo Car India – the XC40 Recharge, the C40 Recharge, and the single motor XC40 Recharge – are all available through its Online Direct Sales model. This diversified lineup aims to cater to various customer preferences in the growing electric vehicle market. Jyoti Malhotra, Managing Director of Volvo Car India, expressed pride in this accomplishment, particularly on World Environment Day. Malhotra highlighted that surpassing…
Nvidia surged past Apple to become the world’s second most valuable company, with its market valuation breaching the $3 trillion mark. This milestone reflects an insatiable demand for Nvidia’s processors, which are integral to the rapidly advancing field of artificial intelligence. Nvidia’s stock soared 5.2% to close at $1,224.40, bringing its market capitalization to $3.012 trillion. This surge allowed Nvidia to edge out Apple, whose market cap settled at $3.003 trillion following a modest 0.8% gain. Microsoft remains the leader with a market value of $3.15 trillion. The dramatic rise in Nvidia’s stock price—an astonishing 147% increase since the beginning…
IHUB Robotics has unveiled its latest innovation, the “Nila Pro” service robot, poised to redefine customer experiences and service delivery across various sectors in India. The official introduction of Nila Pro at the AtNow Hypermarket in Manjeri marks a significant milestone in Kerala and India’s startup ecosystem, promising unparalleled efficiency and reliability in customer interactions. Equipped with advanced capabilities, Nila Pro represents more than just a robot; it signifies a paradigm shift in how businesses engage with their customers. Designed to cater to retail, hospitality, and food service industries, Nila Pro offers a myriad of services, including product assistance, information…
Where securing external funding often seems like a prerequisite for success, the journey of Rikant Pitti stands as a beacon of inspiration. Rikant’s narrative is a testament to the power of perseverance, unwavering commitment, and a winning concept, showcasing how one can build a thriving company valued at crores of rupees without relying on outside capital. His brainchild, EaseMyTrip, not only recorded a net profit of Rs 146.8 crore in FY-23 but also boasts a remarkable market capitalization of Rs 7494 crore as of May 2024, firmly establishing itself as a formidable player in the travel industry. The genesis of…
Over the past decade, the number of startups in the country has exploded, increasing over 300-fold, with hundreds achieving the coveted “unicorn” status. Yet, the journey to becoming a unicorn in India was first charted by a pioneering company: InMobi. Founded in 2007, InMobi emerged with a visionary goal—to revolutionize the advertising landscape. At a time when mobile phones were becoming ubiquitous in India, InMobi foresaw the potential of mobile advertising. The startup aimed to solve a fundamental business challenge: reaching consumers effectively and efficiently. By extending traditional TV advertisements to mobile devices, InMobi carved a niche for itself in…
The Indian Railway Catering and Tourism Corporation Limited (IRCTC) has issued a notification regarding the recruitment for the position of Chief Regional Manager. Interested candidates are encouraged to review the official notification thoroughly to understand the detailed instructions and ensure they meet the eligibility criteria before applying. The official website link for more information is provided below. Key Details of the IRCTC Recruitment 2024 IRCTC has opened applications for the Chief Regional Manager vacancy, offering an excellent career opportunity for qualified individuals. The shortlisted candidates will receive a monthly salary in Levels 13 and 14. The initial appointment will be…
Railways have long been recognized as vital arteries of transportation worldwide, connecting people and goods across vast distances. In the bustling metropolis of New York City, nestled amidst the towering skyscrapers and bustling streets, lies a monument to the grandeur of railway travel – the iconic Grand Central Terminal. Often hailed as the largest railway station in the world, Grand Central Terminal stands as a testament to the ingenuity of early 20th-century engineering and the enduring allure of travel. A Historical Marvel The story of Grand Central Terminal begins over a century ago, with its construction commencing in 1903 and…
The Bharatiya Janata Party (BJP) took a bold step in the 2024 Lok Sabha elections, targeting southern states for electoral gains. However, the outcome revealed a mixed bag of results, prompting the party to rethink its strategies, focus on grassroots engagement, and reassess alliance formations for a stronger presence in the region. Tamil Nadu: Modi’s Hope and the Reality Check Prime Minister Narendra Modi’s ambitious aspirations for Tamil Nadu’s support in the 2024 Lok Sabha elections were palpable through his concerted efforts. Frequent visits, including a notable 45-hour meditation session at the Vivekananda Rock Memorial, underscored his dedicated push into…
On this World Environment Day, we are highlighting an innovative startup making significant strides in the battle against air pollution in India. As it turns out, what you can’t see can indeed hurt you. A recent report revealed that thirteen of the world’s top twenty most polluted regions are in India. It’s high time we opened our eyes to the invisible poison that grips us. Leading the charge in this battle is an Ahmedabad-based startup known for creating the Air Quality India app under the Oizom umbrella. This clean-tech company is revolutionizing air quality monitoring with the power of IoT,…