Author: News Desk

H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, introduced the Fifty-Year Charter, outlining nine articles poised to reshape the Emirate’s future. Among these, article six—which calls for the creation of free economic and creative zones in universities—inspired UAE-based entrepreneurs Mohammed Mukhtar and Reem Al Mosabbah to contribute towards this visionary goal. Their efforts led to the establishment of Unipreneur, a Dubai-based platform focused on youth entrepreneurship, intrapreneurship, and innovation, in 2021. “The problem we’re solving is the lack of a youth-focused innovation incubator in the region, which can empower…

Shah Rukh Khan has achieved another milestone in his illustrious career by becoming the first Indian actor to receive a customized gold coin from the Grévin Museum in Paris. This recognition further cements his legacy and impact on global culture. Throughout his career, Khan has amassed nearly 200 awards, often becoming the first Indian actor to win prestigious accolades. Here are five notable instances where he made history: 1. UNESCO’s Pyramide con Marni Award (2011): SRK was honored with this award for his significant contributions to children’s education through philanthropic efforts. He became the first Indian actor to receive this prestigious…

HCLTech CEO C Vijayakumar’s remuneration for the fiscal year 2024 surged by 190.75% year-on-year, reaching approximately ₹84.16 crore, making him the highest-paid CEO among Indian IT services companies for the year. Trailing behind Vijayakumar is Infosys CEO Salil Parekh, with a compensation package of around ₹66.25 crore, followed by Wipro’s new CEO Srini Pallia, who received around ₹50 crore. TCS CEO K Krithivasan’s annual maximum basic salary stands at about ₹1.9 crore. According to HCLTech’s annual report released on July 22, Vijayakumar’s earnings included a base salary of $1.96 million (₹16.39 crore), a performance-linked bonus of $1.14 million (₹9.53 crore),…

Anand Piramal, Executive Director of the Piramal Group of Companies and son-in-law of Mukesh Ambani, maintains a relatively low media presence despite his significant role in the family empire. As the son of Ajay Piramal, Anand plays a critical role in managing the conglomerate’s financial services division. The Piramal Group, one of India’s most respected and diversified NBFCs, has expanded into affordable home lending, construction finance, SME lending, and digital embedded finance under Anand’s leadership. He also oversees the company’s Alternatives business, collaborating with various financial institutions. While Anand Piramal’s net worth in 2022 is not publicly known, his father, Ajay Piramal, boasts a net worth of approximately USD 310 million (Rs…

Kollywood star Suriya has made headlines once again, this time for relocating to Mumbai with his family. Suriya, who began his career by replacing Ajith Kumar in Vasanth’s directorial debut ‘Nerukku Ner’, has come a long way. The son of veteran actor Sivakumar, Suriya initially took on smaller roles to establish his presence in the industry. Over the years, he gained immense popularity and financial success, allowing him to expand his assets, including custom homes and luxurious cars. Recent reports reveal that Suriya has acquired a luxury apartment in Mumbai worth Rs 70 crore. The actor, along with his wife…

Sharjah is making headlines with an unprecedented surge in foreign direct investment (FDI). The emirate’s recent economic boom marks a transformative period for the region. In the first quarter of 2024, Sharjah has seen remarkable growth. FDI projects increased by 44% year-on-year, with capital investment reaching $140.6 million. The emirate launched 23 new FDI projects, up from 16 in Q1 2023, and doubled its greenfield FDI projects from 5 to 10. Mohamed Al Musharrakh, CEO of Sharjah’s FDI Office, highlighted these figures as a sign of Sharjah’s accelerating economic diversification. To fully appreciate Sharjah’s current success, it’s essential to look…

Google Maps is set to launch a series of new features tailored for Indian users, including direct metro ticket bookings in Chennai and Kochi, a ‘flyover callout’ feature in 40 cities, and a ‘narrow road’ indicator for four-wheelers. Additionally, India will be the first country to benefit from EV charging station pointers for two-wheelers. This announcement comes just a day after Apple Maps was made available on the web. Starting this week, commuters in Chennai and Kochi can book metro tickets directly through Google Maps. This new facility is powered by the government-backed Open Network for Digital Commerce (ONDC) and…

Lakshmi Venu, a prominent figure in India’s business landscape, is making remarkable strides as the Managing Director of Sundaram-Clayton Ltd (SCL), an automotive components company under the TVS Group. Based in Chennai, SCL has achieved a market capitalization of ₹27,888 crore as of June 28, 2024. Lakshmi, a fifth-generation businesswoman, has been leading SCL as MD for the past two years, following her tenure as joint MD since 2010. Lakshmi Venu’s leadership has been instrumental in propelling SCL to new heights. The company, a key player in the automotive components industry, continues to thrive under her guidance. As the heiress…

Silicon Valley-based digital customer experience engineering leader Infogain has announced the acquisition of New Jersey-based Impaqtive, a summit-level Salesforce consulting services firm. This strategic move is set to bolster Infogain’s offshore presence in Kerala, India. Founded in 2021, Impaqtive operates out of Infopark Phase II in suburban Kakkanad and specializes in Salesforce multi-cloud implementations, platforms, and accelerators. The firm boasts a certified team that will now join forces with Infogain’s CX design and platform engineering capabilities. The acquisition aims to help the combined business deliver top-tier customer experience solutions, empowering customers to excel in the digital economy. Infogain customers will…

Becoming an IAS officer is a cherished dream for many, but only a few achieve this prestigious milestone each year. IAS B Abdul Nasar’s inspiring journey is a testament to perseverance and determination. Remarkably, Nasar did not follow the traditional route of excelling in the UPSC exam to become an IAS officer. Hailing from Thalassery in Kerala’s Kannur district, Nasar faced immense challenges early in life. He lost his father when he was just five years old, and his mother worked as a domestic worker to support the family. Nasar and his siblings lived in an orphanage for 13 years, where he started working as a hotel supplier and cleaner at the age of…