Author: News Desk
In a recent development, the Indian government has postponed the approval of Paytm’s Rs 50 crore ($6 million) investment in its Payment Services arm, citing concerns over Chinese shareholding in the parent company. Here’s a breakdown of the key points: Investment Deferment Media reports and Reuters indicate that the government has deferred the approval of Paytm’s investment due to concerns about Chinese ownership in the parent company.A government panel, comprising representatives from various ministries, is tasked with approving such investments, with particular scrutiny on those involving Chinese stakeholders, given the 9.88% stake held by China-based Antfin (Netherlands) Holdings in Paytm.…
India has initiated the development of a domestically manufactured bullet train capable of surpassing speeds of 250 kilometres per hour (kmph), as revealed by a senior government official to The Economic Times. This ambitious project, built upon the Vande Bharat platform and engineered to achieve speeds up to 220 kmph, is poised to outpace the velocity of any existing Indian Railways trains. Design and Development The Integral Coach Factory (ICF) in Chennai has undertaken the design process, leveraging indigenous technology and manufacturing prowess to craft this high-speed marvel. Integrating cutting-edge domestic technology, the project aims to revolutionise rail travel in…
Indian cricket legend Mahendra Singh Dhoni has made a strategic investment in EMotorad, an electric cycles manufacturer, although the exact amount remains undisclosed, according to an ET report. Alongside his investment, Dhoni will also become the brand’s endorser, according to Kunal Gupta, EMotorad’s founder and CEO. This marks Dhoni’s latest venture into startups, joining a portfolio that includes Bengaluru-based fitness startup Tagda Raho, digital lending platform Khatabook, and Gurugram-based used car retailer Cars24. Expressing his enthusiasm, Dhoni stated, “The future is in our hands. We are in an era where innovation plays a huge role in shaping sustainable solutions, and…
Instagram reels portraying the dangers of consuming unwashed grapes have been circulating widely, raising concerns about pesticide contamination and urging thorough cleaning before consumption. These videos caution against the potential health risks, particularly for children, associated with pesticide-laden grapes. Expert Insights: Dr. Rahul Adsul, a prominent child specialist, voiced concerns over the seasonal surge in throat infections linked to strawberry and grape consumption. While emphasising the need for thorough cleaning, he provided steps to mitigate pesticide exposure. Dr. Meenakshi Jain, director of internal medicine at Max Super Speciality Hospital, Patparganj, underscored the health hazards posed by pesticide residues on grapes.…
Zomato CEO Deepinder Goyal announced the launch of India’s pioneering large order fleet, setting a new standard in food delivery services. Tailored specifically to handle group, party, and event orders, this innovative fleet promises to revolutionize the customer experience, offering unparalleled convenience and satisfaction. Goyal highlighted the challenges faced by customers with previous delivery options for large orders, emphasizing the comprehensive solutions provided by the new fleet. With the capacity to serve gatherings of up to 50 people, the all-electric fleet represents a significant step towards sustainability and efficiency in food delivery services. Previously, large orders were managed by multiple…
As the New York trial of former US President Donald Trump unfolds, the spotlight shines on a pivotal figure in the saga: Stormy Daniels. Known for her prominence in the adult entertainment industry and her allegations of an affair with Trump, Daniels, whose real name is Stephanie Clifford, emerges as a central character in this high-profile legal drama. Who is Stormy Daniels? For over two decades, Stormy Daniels has captivated audiences as a celebrated figure in the adult entertainment business.Born Stephanie Clifford, the 45-year-old hails from Baton Rouge, Louisiana, where she endured a challenging upbringing marked by neglect and early…
Nikhil Kamath, the co-founder of Zerodha, has launched WTFund, a pioneering non-dilutive grant fund targeting young entrepreneurs aged 25 and under. The fund aims to empower individuals with innovative ideas and ambitious visions to revolutionize their respective industries. WTFund offers a comprehensive package, including a non-dilutive grant of ₹20 lakh, allowing founders to maintain full equity in their ventures. Alongside financial support, the fund provides access to operator-first mentorship pods, a vibrant community within the WTF ecosystem, a Go-To-Market (GTM) studio, beta testing, and feedback opportunities. Moreover, it facilitates talent acquisition through an internship program, a fractional CXO database, and…
Chief Electoral Officer (CEO) Sanjay Kaul of Kerala has issued a stern warning against the dissemination of fake news through social media platforms in the lead-up to the Lok Sabha elections. ChannelAM delves into the details of Mr. Kaul’s warning and the measures being taken to combat misinformation. Warning Against Misinformation: Sanjay Kaul emphasised the need to remain vigilant against campaigns aimed at undermining the credibility of the election process. He warned of strong action against those found spreading fake news, violating the code of conduct, or engaging in paid news practices. Media Monitoring Efforts: To tackle the spread of…
Electric scooters are swiftly gaining traction in the Indian market, with a particular focus on budget-friendly options. In line with this trend, Bengaluru-based electric scooter manufacturer Ather has unveiled its latest offering, the Ather Rizta, to compete with popular models like the TVS iQube, Ola S1, and Hero Vida V1. Price and Competition: Ather has strategically priced the Rizta at Rs 1.10 lakh ex-showroom, positioning it as a formidable contender in its segment. Available in three variants, including Rizta S with a 2.9 kWh battery and Rizta Z with a 3.7 kWh battery, the scooter promises a sleek design and impressive features to attract consumers. Features and Range: The base-spec Rizta S starts…
In Ahmedabad, Gujarat, a street food vendor has flipped the script on the beloved Pani Puri, introducing a lavish version garnished with dry fruits and thandai, served on a gold-plated plate with gold and silver foil. Shared on Instagram by food vloggers Khushbu Parmar and Manan, the video has stirred mixed reactions. While some applaud the creativity, others question tampering with the traditional snack. The vendor, Shareat, claims to offer hygienic, live-fried Pani Puri, a first in India. With a branch in Bengaluru, this fancy twist on street food is gaining attention. Would you give it a try?