Author: News Desk
Emaar Properties has made a commendable announcement in response to the recent heavy rains that battered Dubai. The renowned developer has pledged to repair all properties within its communities in Dubai that were damaged during the deluge, and what’s more, they’re footing the bill entirely. This gesture of goodwill comes as a relief to the thousands of residents who have been adversely affected by the unprecedented weather conditions. Mohamed Alabbar, the chairman of Emaar Properties, expressed his satisfaction in addressing the challenges posed by the adverse weather, stating, “We will undertake the repair of all properties within our communities that have been…
Mukesh Ambani, the titan of India’s corporate landscape and chairman of Reliance Industries, oversees a conglomerate valued at an astounding Rs 1,983,000 crore, solidifying its position as the country’s most valuable enterprise. In a pivotal move, Ambani entrusted the reins of Reliance Retail to his daughter, Isha Ambani, in August 2022. Since assuming leadership, Isha Ambani has steered Reliance Retail, currently valued at over Rs 820,000 crore, towards remarkable growth and expansion. The retail behemoth has forged strategic partnerships with numerous prominent brands, signaling a new era of innovation and collaboration. In line with this trajectory, Isha Ambani’s Reliance Retail recently sealed a landmark deal with Bollywood icon Deepika Padukone. The partnership entails the…
Tesla, under the dynamic leadership of Elon Musk, is set to establish its assembly plant in India ahead of the government’s prescribed deadline, signaling a significant stride in the country’s electric vehicle (EV) landscape. This move aligns with the government’s EV policy, which aims to incentivize global automakers to localize production and investment in India. According to government sources, Tesla’s accelerated timeline for setting up its assembly plant in India is fueled by its commitment to source 30-40% of chips and forgings from the country. These components constitute a substantial portion of EV manufacturing, making local production a strategic advantage…
Two lucky winners from Croatia and India have emerged as the latest millionaires in the renowned Dubai Duty Free Millennium Millionaire and Finest Surprise draw, held at Dubai International Airport’s Concourse A. Zlakto Plenkovic, a 44-year-old yacht captain from Split, Croatia, clinched the coveted US$1 million prize in Millennium Millionaire Series 456 with ticket number 0203, which he purchased online on March 25. Plenkovic’s win marks a historic moment as the first Croatian national to claim victory in the Millennium Millionaire promotion since its inception in 1999. Overjoyed by his unexpected windfall, he expressed his disbelief and gratitude, describing the…
OpenAI, the renowned developer behind ChatGPT, has taken a significant step by appointing its first employee in India. Pragya Misra has been selected to lead government relations, a move that coincides with India’s pivotal elections dictating the future of AI regulations, according to a report by Bloomberg. A Strategic Appointment by OpenAI As per Bloomberg’s report, Pragya Misra, aged 39, will assume the responsibility of overseeing public policy affairs and forging partnerships for the Microsoft Corporation-backed company in India. With a wealth of experience garnered from previous roles at Truecaller AB and Meta Platforms Inc., Misra is set to begin…
The recent deluge witnessed in Dubai has sparked widespread speculation about its causes, with theories ranging from cloud seeding to climate change. However, a closer examination of the facts reveals a more nuanced picture. Let’s delve deeper into this historic weather event and explore its underlying causes. The Magnitude of the Event Dubai recently experienced its most intense rainfall in history, leading to widespread flooding and disruption across the city. Homes were inundated, roads turned into rivers, and normal life came to a standstill. The scale of the deluge prompted questions about its origins and implications. Dispelling Myths: Cloud Seeding…
Tata Motors, the parent company of Jaguar Land Rover (JLR), is gearing up to establish a new $1 billion facility in Tamil Nadu, with plans to produce luxury vehicles from the JLR portfolio, according to insiders familiar with the strategy. In March, Tata Motors announced its investment in a new manufacturing plant in Tamil Nadu, refraining from disclosing the specific models slated for production at the site. While details remain undisclosed, individuals privy to the matter, who declined to be named, revealed that the upcoming factory will focus on manufacturing select JLR luxury models. Tata Motors declined to comment on…
Elon Musk’s highly anticipated visit to India, scheduled for April 21 and 22, has been postponed, as reported by CNBC-TV18. The Tesla CEO was set to meet Prime Minister Narendra Modi during his two-day trip and unveil plans for Tesla’s entry into the Indian market. Musk himself announced the delay via X (formerly Twitter), citing “very heavy Tesla obligations” as the reason. Despite the setback, Musk expressed his eagerness to visit India later in the year. According to sources, the clash between Musk’s scheduled call with investors and analysts regarding Tesla’s earnings on April 23 and his planned visit to…
Founded by Sanjeev Sharma, an ardent enthusiast of robotics and artificial intelligence, Swaayatt Robots is carving a niche for itself in the realm of autonomous navigation. Sanjeev Sharma’s journey into the realm of autonomous navigation traces back to his undergraduate days at IIT Roorkee, where he drew inspiration from DARPA’s autonomous driving challenge videos by Team MIT. These experiences ignited his passion for academic research, particularly in reinforcement learning and motion planning, leading him to pursue a Master’s degree in Computer Science from the University of Alberta. The pivotal moment came in 2015 when Sanjeev made the bold decision to defer a Ph.D. offer from…
Saudi Arabia has set its sights on India, aiming to establish it as its primary source market for tourism. The Kingdom is ambitious, with plans to attract 7.5 million Indian visitors over the next seven years. This strategic move underscores the growing relationship between the two nations, particularly in the tourism sector. Strengthening Ties: In an effort to bolster ties with India, the Saudi Tourism Authority organized networking events across key Indian cities such as Mumbai, Ahmedabad, Bengaluru, and Delhi. These events served as platforms for engaging with travel trade associations and fostering collaboration within the industry. Growing Tourism: The…