Author: News Desk
Tupperware Brands, once feted for its bright-coloured food storage containers, filed under Chapter 11 bankruptcy protection as it struggles to contain sharply worsening financial difficulties, including sales decline and cost escalations in operations. The company is facing margin squeeze from accelerated post-pandemic increases in the cost of raw materials, labour, and freight. Pandemic-era surge fizzes out The company’s products sold much more during the pandemic as people prepared to cook at home and made use of the air-tight containers provided by the firm for leftovers. However, demand very soon declined in the post-pandemic period, but Tupperware failed to regain its…
Zomato has teamed up with the Indian Railways Catering and Tourism Corporation (IRCTC) to enhance the travel experience by delivering food directly to passengers’ seats on trains. This new service, which has been launched in 88 cities, aims to provide passengers with a variety of meal options from their favourite restaurants while travelling. Over 10 Lakh Orders Delivered Across 100+ Stations The new service, known as ‘Zomato – Food Delivery in Trains,’ has already seen significant success, delivering over 10 lakh orders at more than 100 railway stations. Passengers can now order meals through the Zomato app and receive them…
In Indian cinema, reaching the Rs 1000 crore milestone is a remarkable achievement, setting a new standard for blockbuster success. While stars like Deepika Padukone, Katrina Kaif, and Kareena Kapoor Khan are often associated with high-grossing films, it was Ramya Krishnan who first achieved this feat. Ramya Krishnan made history with her role as Shivagami in the 2015 blockbuster Baahubali. The film was a massive success, surpassing the Rs 1000 crore mark and earning Ramya Krishnan widespread acclaim for her powerful performance. At the age of 45, her role in Baahubali established her as a leading figure in Indian cinema.…
Aditi Rao Hydari and Siddharth’s Wedding Aditi Rao Hydari and Siddharth recently celebrated their union with a private wedding ceremony at a historic 400-year-old temple in Wanaparthy. The couple, who got engaged in March, have been together for over three years, having met on the sets of Ajay Bhupathi’s 2021 film Maha Samudram. The newlyweds shared their joy on social media with a heartfelt message: “You are my Sun, my Moon, and all my Stars…To being Pixie Soulmates for eternity…to laughter, to never growing up…To Eternal Love, Light & Magic. Mrs & Mr Adu-Siddhu.” Combined Net Worth and Sources of…
Dubai’s Roads and Transport Authority (RTA) has confirmed that electric air taxis will start operating in the first quarter of 2026. These air taxis will run from four vertiports located at Dubai International Airport (DXB), Palm Jumeirah, Dubai Marina, and Dubai Downtown. Each vehicle is designed to carry a pilot and up to four passengers at speeds of 320 kph. With this service, passengers will be able to travel from Dubai International Airport to Palm Jumeirah in just 10-12 minutes, significantly reducing the current 45-minute car journey. Khaled Al Awadhi, director of the transportation systems department at RTA, announced this…
Microsoft Corp. and G42 have announced the creation of two new centres in Abu Dhabi as part of their ongoing partnership. These centres are aimed at advancing their joint goals for Responsible AI. Centre for Responsible AI Practices The first centre, established with the endorsement of the UAE’s Artificial Intelligence and Advanced Technology Council (AIATC), will focus on developing best practices and industry standards for the ethical use of AI in the Middle East and the Global South. This centre will bring together academic researchers and AI practitioners from the private sector to share and refine emerging Responsible AI practices.…
The government has launched a centralised platform aimed at uniting India’s fragmented startup ecosystem. Called the Bharat Startup Knowledge Access Registry (BHASKAR), this initiative seeks to foster collaboration among startups, investors, mentors, and government bodies. Here’s a breakdown of the key features of the platform. What is BHASKAR? The BHASKAR portal, introduced under the StartUp India program by the Union Minister of Commerce and Industry, is a digital space designed to streamline interactions and promote innovation within India’s startup ecosystem. The platform brings together stakeholders like startups, investors, service providers, and mentors to collaborate and share knowledge. Key Features of…
Former American president and current presidential candidate, Donald Trump, has announced the launch of a new cryptocurrency company called World Liberty Financial. This new venture is designed to increase donations for his campaign, which has struggled to keep up with Democratic rival Kamala Harris. The crypto initiative is a strategic move to tap into new financial channels, particularly targeting wealthy cryptocurrency players. New Crypto Token to Support Campaign Although details about the new company are scarce, a key aspect of the plan involves the creation of a new crypto token that will be sold to the public. Part of the…
Rajeev Samant, known as the ‘Wine King of India,’ made a bold move from a high-paying job abroad to follow his entrepreneurial dreams, a decision that transformed his life and the Indian wine industry. Born in Mumbai, Samant pursued higher education in the U.S., earning an undergraduate degree in Economics and a Master’s in Engineering Management from Stanford University. After graduating, he worked for major tech companies, including Oracle. However, in 1993, Samant chose to leave his lucrative career and return to India, driven by a desire to enter the agriculture sector. Samant initially focused on cultivating mangoes, roses, and grapes on his family’s 20-acre farmland…
Malayalam actor and filmmaker Prithviraj Sukumaran, through his production company Prithviraj Productions Limited, has purchased a luxurious duplex apartment in Mumbai’s prestigious Pali Hill area. The acquisition, valued at ₹30.6 crore, was officially registered on September 12. Details of the Property The new duplex spans 2,970 sq ft and is situated in Narain Terraces, a well-regarded building in Bandra’s Pali Hill. The apartment includes four car parking spaces and is part of a housing society offering a variety of configurations, including 3 BHK, 4 BHK, and 5 BHK units. The transaction involved a stamp duty payment of ₹1.84 crore and a registration fee of…