Author: News Desk

Anil Joshi, founder and managing partner of Unicorn India Ventures, discussed the evolving landscape of investments in the age of AI and digital growth. According to him, AI is currently one of the most exciting areas attracting investors. However, alongside AI, other sectors gaining attention include space tech, defense tech, and the evergreen fintech industry. These sectors are seen as key areas of growth and innovation in the coming years. What Investors Look for in a Company As an early-stage investor, Joshi emphasized the importance of evaluating the quality of the founding team when considering investment opportunities. For him, the…

As the summer season approaches, Bengaluru is taking proactive steps to manage its water resources. The Bengaluru Water Supply and Sewerage Board (BWSSB) has imposed a ban on the use of potable water for non-essential activities, such as washing cars, watering gardens, construction activities, and maintaining decorative fountains. The move aims to conserve water during the typically dry months of March to May. BWSSB’s Water Conservation Measures The order, issued on February 17, clearly outlines the prohibited activities under the Bangalore Water Supply and Sewerage Act, 1964. These include the use of drinking water for vehicle washing, lawn watering, non-essential…

Nita Ambani, the Founder-Chairperson of the Reliance Foundation, recently delivered a moving keynote address at the prestigious Harvard India Conference 2025. The event, which took place in Boston, is a student-led initiative that focuses on India’s rise as a global power in business, policy, and culture. However, it was Nita’s personal story before her speech that resonated deeply with the audience. A Personal Story of Triumph Before starting her address, Nita shared an emotional moment about her 90-year-old mother’s reaction to the invitation from Harvard. In a heartfelt message, Nita recalled how her mother had been moved to tears upon…

Commerce and Industry Minister Piyush Goyal met with a delegation led by Michael Williamson, President of Lockheed Martin International, to explore opportunities for aircraft manufacturing in India. The discussions aimed at further strengthening India’s aerospace and defense sectors, in line with the government’s “Make in India” initiative. Goyal highlighted the importance of domestic manufacturing to enhance India’s capabilities in the defense and aerospace industries. In a post on X (formerly Twitter), Goyal expressed his enthusiasm for the collaboration, stating, “Explored opportunities for manufacturing aircraft in India to further strengthen the ‘Make in India’ initiative in the aerospace and defense sectors.”…

The Adani Foundation has entered into a collaboration with GEMS Education, a globally recognized leader in private K-12 education, to create world-class educational institutions across India. This partnership, backed by an initial donation of INR 2,000 Cr from the Adani family, is focused on providing affordable and high-quality education to students from all sections of society. The initiative aligns with Chairman Gautam Adani’s social philosophy: सेवा साधना है, सेवा प्रार्थना है और सेवा ही परमात्मा है (service is devotion and worship). Affordable World-Class Education The first “Adani GEMS School of Excellence” will open in Lucknow in the academic year 2025-26.…

The Ministry of Road Transport and Highways (MoRTH) has transformed the 110km Vellore-Tiruvannamalai-Villupuram National Highway (NH-234) into a tolled road by adding just 1.5 metres of road on each side. The toll plazas at Vallam, Enamkariyanandal, and Thennamadevi have collected approximately Rs 36 crore in 20 months, with the project costing Rs 273 crore. This toll collection is essentially paid by motorists through their contributions from vehicle taxes and fees, which funded the road’s upgrade. Revenue from the Highway Expansion The project was financed solely through government funds, with no bank loans involved. The toll collection from the three plazas…

Lulu Group, led by Yusuff Ali, is expanding its retail presence with plans for 15 new projects in the UAE and 37 new stores in Saudi Arabia by 2028. This expansion will significantly contribute to job creation, with thousands of new positions set to be filled across both countries. As Lulu Group explores the outskirts of major cities, new job opportunities will arise, ranging from customer-facing roles to back-end positions in areas like service, management, and operations. Expansion Focused on Growing Population Centers The retail giant is targeting suburban and outskirt areas where the population is rapidly growing. As many…

Tesla has started hiring in India, signaling its plans to enter the market soon after Elon Musk met Prime Minister Narendra Modi during his US visit. The company listed 13 job openings on LinkedIn, including roles in customer service and backend operations. Positions such as service technician and advisory roles are open in both Mumbai and Delhi, while other roles, like customer engagement manager and delivery operations specialist, are available in Mumbai. India Lowers Import Duties for EVs Tesla had previously hesitated to enter India due to high import duties. However, India has now reduced the basic customs duty on…

India’s first privately built Polar Satellite Launch Vehicle (PSLV), developed by a consortium of Hindustan Aeronautics Limited (HAL) and Larsen & Toubro (L&T), is set to carry the Technology Demonstration Satellite-1 (TDS-1). This satellite will test up to 35 new indigenous technologies. ISRO Chairman V. Narayanan confirmed that the launch, scheduled for the third quarter of this year, marks a major milestone as the first PSLV manufactured entirely by the private sector under a contract for five rockets. ISRO is providing technical guidance, and the vehicle is in its advanced stages of development. New Technologies on TDS-1 TDS-1 will feature…

The UAE is stepping into the future of transportation with innovative projects that promise to transform urban mobility. At the World Governments Summit in Dubai, a series of groundbreaking initiatives were unveiled, focusing on sustainability, speed, and efficiency. These developments include autonomous, solar-powered vehicles, high-speed air corridors, and more, aimed at revolutionizing both daily commutes and tourism in the region. Rail Bus The Rail Bus, an autonomous, solar-powered vehicle, will offer a sustainable, flexible transportation solution. Made from recyclable materials and capable of carrying up to 40 passengers, this 3D-printed bus will operate on elevated tracks across the emirate. It…