Author: News Desk
Five years after securing the bid to operate six international airports, the Adani Group, India’s largest private airport operator, is set to further expand its presence in the airport business. Adani Airport Holdings (AAHL) is keen to enhance its portfolio by participating in government tenders for the privatization of at least 25 additional airports. An Adani Enterprises presentation revealed that 30-35 airports currently managed by the state-owned Airports Authority of India (AAI) are slated for privatization by 2025. AAHL already manages airports in Trivandrum, Mangaluru, Ahmedabad, Jaipur, Lucknow, and Guwahati, which it acquired in early 2019. The group’s most significant…
Byju’s, a leading edtech firm, announced the commencement of its 2024-25 academic sessions at 240 tuition centers nationwide on Tuesday. These Byju’s Tuition Centres (BTCs) provide classroom-based programs tailored for K-12 students. The company has also reduced the annual fee for these centers to Rs 36,000 for the ongoing academic year. The announcement comes amid significant interest in teaching positions, with Byju’s receiving nearly 1,200 applications daily over the past two months. Byju Raveendran, the Founder and CEO of Byju’s, addressed the heads of these centers on May 19, urging them to adopt a new perspective on their roles. He…
Archer Aviation, set to launch air taxis in the UAE next year, has announced a significant step towards this goal by recruiting and training pilots for its electric vertical takeoff and landing (eVTOL) aircraft. This initiative brings the company closer to making air taxi operations a reality in the region. Partnership with Etihad Aviation Training The US-based Archer Aviation has partnered with Abu Dhabi’s Etihad Aviation Training (EAT) to identify and train prospective pilots for its Midnight aircraft. EAT, renowned for its comprehensive training courses for airport, pilot, and cabin crew staff, lists major carriers such as Etihad Airways, Wizz…
Aishwarya Rai Bachchan and Abhishek Bachchan rank as the wealthiest celebrity couple in the nation, with a combined fortune reportedly totaling Rs 1056 crore. Aishwarya Rai Bachchan boasts a personal net worth of Rs 776 crore, while Abhishek Bachchan’s individual wealth stands at Rs 280 crore. Both own luxurious residences in Dubai’s prestigious Jumeirah Golf Estate, featuring amenities such as a private golf course, modern kitchen facilities, and an outdoor swimming pool. Additionally, the Bachchan family possesses five opulent mansions, while Aishwarya Rai and Abhishek Bachchan have acquired multiple high-end apartments in Mumbai’s upscale residential towers. Their investments extend to…
Gopichand Thotakura made history as the first Indian space tourist, flying on Blue Origin’s NS-25 mission to the Kármán line and back. The mission, which marks Blue Origin’s seventh human flight and 25th mission overall, launched at 7 PM IST on Sunday from Launch Site One in West Texas, USA. The event streamed live on Blue Origin’s social media platforms, starting 40 minutes before the launch. Thotakura, an accomplished pilot and aviator, learned to fly before he could drive. He co-founded Preserve Life Corp, a global wellness center near Hartsfield-Jackson Atlanta International Airport. With extensive experience as an international medical…
State-owned RITES Limited has signed a significant contract with Bangladesh Railways to supply 200 broad-gauge passenger carriages. The deal, valued at $111.26 million (approximately Rs 915 crore), is funded by the European Investment Bank and was awarded through a global competitive bidding process, according to a press statement from RITES Limited. The export arm of Indian Railways, RITES, will not only supply the carriages but also provide expertise in design, spare parts support, and training as part of the contract terms. The supply and commissioning period for the carriages is set at 36 months, followed by a 24-month warranty period.…
The Kerala Startup Mission (KSUM) has announced a call for Expressions of Interest (EoI) from entrepreneurs belonging to the Scheduled Tribes (ST) community. This initiative is part of the Unnathi Startup City programme, aimed at fostering social empowerment through entrepreneurship. Unnathi, a project of the Kerala Empowerment Society, is a state government social empowerment initiative designed to promote and implement projects that enhance social security and empowerment for the less privileged. The programme specifically focuses on the educational, professional, and entrepreneurial advancement of youths from the Scheduled Castes (SC) and Scheduled Tribes (ST) communities. The Unnathi Startup City programme will…
A quaint tea shop located on Mall Road in Darjeeling, West Bengal, has recently become the centre of attention due to its luxurious tea offerings priced at an astonishing Rs 1.5 lakh per kilogram. This revelation has stirred excitement and debate among tea enthusiasts, reinforcing Darjeeling’s status as a premier destination for high-quality tea. Showcasing India’s Diverse Tea Culture A clip shared by the news agency ANI featured a woman surrounded by delicate teacups, highlighting the rich tea culture of Darjeeling. The accompanying caption on X (formerly Twitter) emphasised Darjeeling’s global acclaim for producing some of India’s most coveted tea…
Tesla and SpaceX CEO Elon Musk visited Indonesia to officially launch the Starlink satellite internet service in the island nation. This visit is expected to pave the way for Starlink’s expansion into Sri Lanka, as Musk was seen exploring opportunities with Sri Lanka’s President Ranil Wickremesinghe. Musk’s Indonesian visit follows closely on the heels of his surprise trip to China and comes nearly a month after he cancelled a planned visit to India. Musk’s trip to India, initially scheduled for April 20-22, was called off at the last moment, leaving Tesla’s entry into the Indian market uncertain. According to a…
Rahul Sharma, the co-founder and Managing Director of Micromax, embodies the spirit of perseverance and determination. Born into a middle-class family in 1975, Rahul’s journey from being the son of a school principal to becoming a leading figure in the Indian business landscape is nothing short of inspirational. Early Life and Education Growing up, Rahul was instilled with values of hard work and honesty by his father, a school principal. Armed with a degree in Mechanical Engineering and a Bachelor’s in Commerce, Rahul embarked on a journey to realise his entrepreneurial dreams. The Birth of Micromax Mobile In 2000, Rahul…