Author: News Desk
Sanjiv Goenka, a prominent Indian industrialist, is a close friend and business associate of cricketer Virat Kohli. Their collaboration includes organising the ‘Indian Sports Honours’ awards through Goenka’s company, the RPSG Group. Goenka’s Business Empire Goenka’s estimated net worth stands at ₹33,000 crore. He is the head of the RPSG Group, which operates in sectors like power and energy, IT-enabled services, media, and entertainment. In Forbes Billionaires 2023, he ranked 1,434 globally and 83rd in Forbes India’s list of the 200 richest Indians. Owner of IPL Franchise Lucknow Super Giants Goenka owns the IPL team Lucknow Super Giants (LSG), which…
Optimus: Elon Musk’s humanoid robot goes viral Elon Musk continues to showcase the growing abilities of Tesla’s Optimus humanoid robots, and his latest demonstration has gone viral. At the soft opening of the Tesla Diner and Supercharger station at 7001 W. Santa Monica Boulevard in Hollywood, Los Angeles, Optimus impressed visitors with its human-like behavior. The latest demonstration In a video shared by Musk on X (formerly Twitter), an Optimus robot is seen politely serving popcorn to a customer. The robot holds a packet, fills it with two precise pours, and hands it over with a thumbs-up and a wave.…
Gita Gopinath to step down from IMF and return to Harvard Gita Gopinath, Deputy Managing Director of the International Monetary Fund (IMF), will step down from her role in August 2025. She will rejoin Harvard University as the inaugural Gregory and Ania Coffey Professor of Economics, marking her return to academia after a transformative stint at the IMF. Who is Gita Gopinath? Born in India and now a US citizen, Gopinath made history as the first woman to serve as the IMF’s Chief Economist in 2019. She taught economics at Harvard for over a decade before joining the IMF and…
SunTV expands global sports footprint with Northern Superchargers acquisition SunTV Network, one of India’s largest media companies, is set to expand its global presence in sports by acquiring London-based cricket franchise Northern Superchargers Ltd for £100 million (approximately ₹1,000 crore). Upon completion, the acquisition will make Northern Superchargers a wholly owned subsidiary of the Chennai-headquartered SunTV Network. The Northern Superchargers are part of The Hundred, a unique limited-overs cricket league organized by the England and Wales Cricket Board (ECB). This strategic move marks SunTV’s entry into the UK sports market. SunTV already owns two other prominent cricket franchises: Sunrisers Hyderabad, a team in the…
L&T Energy GreenTech to build India’s largest green hydrogen plant at IOCL Panipat L&T Energy GreenTech (LTEG), a subsidiary of Larsen & Toubro, has unveiled plans to build India’s largest green hydrogen plant at Indian Oil Corporation Ltd’s (IOCL) Panipat refinery in Haryana. Developed on a build-own-operate (BOO) model, the plant will supply 10,000 tonnes of green hydrogen annually to IOCL for the next 25 years. This long-term partnership is expected to significantly aid IOCL in decarbonising its refining operations while contributing to India’s ambitious net-zero targets. Driving India’s green hydrogen mission Designed for round-the-clock operation, the plant will use…
Harivansh Narayan Singh steps in as Rajya Sabha Chairman after Dhankhar’s resignation In a significant political development, Vice President of India and Chairman of the Rajya Sabha, Jagdeep Dhankhar, has tendered his resignation citing health concerns. His resignation, submitted in accordance with Article 67(a) of the Constitution, is effective immediately. Dhankhar, who took office in 2022, had a tenure lasting until 2027. The resignation came on the opening day of the Monsoon session of Parliament. Following this, Deputy Chairman Harivansh Narayan Singh will preside over the Rajya Sabha as interim chair until a new Vice President is elected. Who is…
Airtel overtakes TCS in market capitalization, becoming India’s third most valuable company Indian billionaire Sunil Mittal continues to expand his business empire as Bharti Airtel, India’s second-largest telecom operator, surpasses Tata Consultancy Services (TCS) to become the country’s third-most valuable company by market capitalization. Airtel now trails only Mukesh Ambani’s Reliance Industries and HDFC Bank. The telecom giant’s shares recently rose by 0.33%, pushing its market value to ₹11.44 lakh crore—around ₹2,000 crore more than TCS. In comparison, TCS shares closed at ₹3,158.90, with its market cap standing at ₹11.42 lakh crore. Bharti Airtel vs TCS: contrasting market trajectories Bharti…
As of 2025, the United States has the world’s largest Air forces, with a combined total of 14,486 military aircraft, spread across four service branches, which includes the United States Air Force (USAF), Navy (USN), Army (USA) and Marine Corps (USMC). The second and third places are held by Air forces in Russia and China, including the Russian Aerospace Forces (VKS) and the People’s Liberation Army Air Force (PLAAF). Different Fleets Fighter Aircrafts The United States dominates in the number of fighter aircraft, including a significant portion of fifth-generation stealth jets such as the F-22 Raptor and F-35 Lightning II. Fighter Fleet…
Mamatha Venkatesh has been named the new Head of Startup India under the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry. Her appointment is expected to play a crucial role in advancing the goals of India’s startup ecosystem. Strategic Focus AreasUnder her leadership, Startup India is likely to emphasise: Ecosystem ExpectationsIndustry stakeholders view her appointment as timely, given the increasing demand for investment-readiness and global competitiveness. Leaders in the startup space anticipate that her strategies will align with India’s larger economic goals, including job creation and export promotion. Background of Startup IndiaLaunched in January…
JioPC: Turning TVs into affordable personal computers Jio Platforms, the technology arm of Reliance Industries, has introduced an innovative cloud-based virtual desktop service called JioPC. This new offering transforms any television connected to a Jio set-top box into a fully functional personal computer, making computing accessible and affordable for millions of households. Features and functionality Designed to bridge the digital divide in areas with low PC penetration, JioPC allows users to pair their Jio set-top box with a USB or Bluetooth-enabled keyboard and mouse to create a PC-like experience. The system runs on Ubuntu (Linux) OS and comes pre-installed with LibreOffice, an…
