Author: News Desk
Rajinder Gupta, often referred to as “Punjab’s Dhirubhai Ambani,” epitomizes the story of grit, perseverance, and remarkable entrepreneurial success. From dropping out of school in the ninth grade to becoming one of Punjab’s wealthiest individuals, Gupta’s journey is a testament to the transformative power of hard work and strategic risk-taking. As of June 2023, Forbes estimates his net worth at $1.5 billion, a figure that underscores his significant impact on the Indian business landscape. Born into a low-income family, Gupta faced significant challenges from a young age. At just 14, he dropped out of school to support his family, marking…
The World AI Creator Awards has launched the first-ever artificial intelligence beauty pageant, Miss AI, featuring AI-generated models. The Fanvue Miss AI pageant aims to highlight a new perspective on beauty and creativity within the realm of artificial intelligence, bringing together AI creators from around the globe to compete for the Miss AI crown. Despite concerns about AI threatening job security and artistic professions, the pageant went ahead, feeling somewhat like a dystopian stunt. However, the Fanvue World AI Creator Awards judges—comprising two real humans and two AI-generated models—announced the winner of the inaugural Miss AI beauty pageant. Judges assessed…
Patanjali Ayurveda Ltd, led by yoga guru Baba Ramdev, announced the cessation of 14 products following the immediate suspension of their manufacturing licences by Uttarakhand authorities. The company has directed 5,606 franchise stores to withdraw these products from shelves. Media Advertisements Withdrawn In response to Uttarakhand’s action, Patanjali informed the Supreme Court that it has instructed media platforms to remove advertisements for these products across all formats. A bench comprising Justices Hima Kohli and Sandeep Mehta is scheduled to hear the case on July 30. Licence Suspension Details The Uttarakhand state licensing authority cited “repeated violations” of the Drugs and…
NASA astronauts Sunita ‘Suni’ Williams and Barry ‘Butch’ Wilmore, originally scheduled to return from the International Space Station (ISS) last month, may now remain in space until August due to ongoing technical issues with Boeing’s Starliner spacecraft. This delay, caused by concerns over faulty thrusters and helium leaks during the Starliner’s launch, marks a prolonged stay for the duo, who are the first human crew aboard the Starliner on its historic test mission. Astronauts’ Confidence in Starliner Despite the setbacks, Sunita and Butch expressed confidence in the Starliner’s capability to safely return them to Earth. In their first press conference…
Reliance Retail, led by Mukesh Ambani, is gearing up to enter the competitive sports retail market, targeting the rapidly expanding athleisure segment. According to a report by the Economic Times, Reliance Retail plans to lease 8,000-10,000 sq ft spaces in prime locations across major cities for a new, yet-to-be-named brand. This move aims to replicate the successful business model of French sports retailer Decathlon. Decathlon, which debuted in India in 2009, has seen substantial revenue growth, jumping to ₹3,955 crore in FY23 from ₹2,936 crore in FY22. Alongside Decathlon, other leading sports brands such as Puma, Adidas, Skechers, and Asics…
Back in December 1983, Mansukhbhai Prajapati was making ends meet with a modest income of Rs 300 per month at a tile manufacturing unit in Wankaner, Gujarat. Little did he know that his journey would transform him into one of rural India’s most celebrated entrepreneurs. Born into a family of clay craftsmen in Nichimandal village, Morbi, Prajapati faced adversity when his family had to relocate to Wankaner after the Machhu dam disaster in 1979. He took up various odd jobs, from working in brick factories to setting up a tea stall along the highway. It was in 1985 that Prajapati…
The Singapore Food Agency (SFA) made a groundbreaking decision to approve 16 insect species for human consumption, marking a significant step forward for the food industry. This move has been eagerly awaited by industry insiders who view it as a pivotal moment. Regulatory Announcement by SFA In a circular addressed to processed food and animal feed traders, the SFA announced the immediate allowance for the import of insects and insect products deemed of low regulatory concern. These insects can now be utilized either for human consumption or as animal feed for food-producing animals, expanding culinary possibilities. Implementation and Guidelines According…
A single stag beetle can fetch up to Rs. 75 lakh, making it one of the world’s most expensive insects. Its rarity and symbolic significance contribute to its high market value, with many believing that owning one can bring sudden wealth and good luck. Stag beetles are renowned for their large mandibles and male polymorphism. A study published in the Scientific Data journal describes these insects as an essential part of the “significant saproxylic assemblage in forest ecosystems.” The males’ mandibles, resembling a stag’s antlers, are used to compete for mating opportunities during the breeding season. These beetles thrive in warm, tropical…
As Anant Ambani and Radhika Merchant’s wedding approaches, the Ambani family is making waves with their sartorial choices during the traditional pre-wedding ceremonies. The festivities have been marked by a deep respect for Gujarati heritage, reflected in the exquisite textiles, colours, and craftsmanship of the outfits worn by the family members. Elegant Outfits at Traditional Ceremonies Nita Ambani’s Timeless Elegance Nita Ambani epitomised grace and tradition in an ivory lehenga by Manish Malhotra. Her outfit was complemented by a Banarasi tissue dupatta with zari borders, showcasing the perfect blend of elegance and cultural heritage. Isha Ambani’s Tribute to Bandhani Isha…
Meet Shaila Merchant, the mother-in-law-to-be of Anant Ambani, and a formidable force in the business world. With a net worth of Rs 10 crore, Shaila is a managing director at Encore Healthcare Ltd, a company valued at Rs 2000 crore. Married to Viren Merchant, the founder and CEO of Encore Healthcare, Shaila’s influence extends beyond her household into the realm of pharmaceuticals. A Family Connection to the Ambanis Mukesh and Nita Ambani’s youngest son, Anant Ambani, is set to marry Shaila’s daughter, Radhika Merchant, on July 12. The couple has already celebrated their love with pre-wedding ceremonies in Jamnagar and…