Author: News Desk

Aachi Masala Foods is a brand that embodies the rich culinary heritage of India, becoming a staple in kitchens across South India and beyond. Founded in 1995 in Chennai by Padmasingh Isaac, Aachi Masala Foods has grown to be a beacon of taste and tradition. Isaac’s journey from Nazareth, Tamil Nadu, to leading a culinary empire is one of resilience and innovation. Growing up in an agricultural family and inspired by his mother’s cooking, Isaac ventured into the spice business after a decade as a hair dye salesman at Godrej. His first product, a curry masala powder priced at just…

Mukesh Ambani, one of the wealthiest individuals globally, ensures that his personal staff are handsomely rewarded. In 2017, it was revealed that Ambani’s personal driver earns an impressive Rs 2 lakh per month, translating to an annual salary of at least Rs 24 lakh. This substantial compensation reflects Ambani’s commitment to rewarding his employees well. Rigorous Training and Security Ambani’s drivers undergo extensive training and are employed through specialised contracting firms. They are adept at managing both commercial and luxury vehicles and are trained to handle complex driving conditions. Additionally, Ambani’s vehicles are equipped with advanced bulletproof technology, ensuring the…

Finance Minister Nirmala Sitharaman’s Union Budget 2024 announcement brought significant good news for Ratan Tata’s company, Titan, which saw its market value increase by approximately Rs 19,000 crore in a single day. The surge followed a reduction in the import tax on gold and silver by 6%, leading to a 7% rise in Titan’s shares. Titan, which includes the well-known jewelry brand Tanishq under its umbrella, experienced a notable boost in its stock value. According to data from the Bombay Stock Exchange (BSE), Titan’s shares closed at Rs 3,468.15, up by 6.63%. During the trading session, the shares peaked at…

The wedding of Anant Ambani, son of billionaire Mukesh Ambani, and Radhika Merchant has captured global attention, not only for its grandeur but also for its staggering cost of ₹5,000 crores, making it one of the most expensive weddings in history. Among the lavish gifts received by the couple, a standout item has sparked discussions on social media: a Darts SUV valued at ₹15 crores. Darts, a Latvia-based company renowned for manufacturing high-performance armored vehicles, is known for its bespoke luxury SUVs, which are fully customized to meet the preferences of its clients. Reports indicate that Anant Ambani’s Darts SUV…

The recently released economic survey for the fiscal year 2023-24 has highlighted island development as a key focus under the government’s ambitious Amrit Kaal Vision 2047. This initiative aims to harness the potential of major island territories, specifically the Andaman & Nicobar Islands and the Lakshadweep Islands, as part of the broader Maritime India Vision 2030. The survey details a phased strategy to transform these islands into vibrant hubs for tourism and various maritime activities. Central to this effort is the Andaman Lakshadweep Harbour Works, which will play a crucial role in establishing the necessary port infrastructure to meet the…

Airbus Helicopters is set to establish a new production line for the H125 helicopter in India, in collaboration with Tata Advanced Systems Limited (TASL). This facility, which will be the fourth H125 production line globally, is expected to cater to a projected demand of 500 helicopters in India and South Asia over the next 20 years. Location and Facility Details The H125’s final assembly line (FAL) in India will be the first private sector civil helicopter assembly line in the country. The exact location for the facility is still under final assessment. Factors influencing the decision include the location’s appeal…

A substantial allocation of ₹1.28 lakh crore has been earmarked for telecom projects and public sector firms under the telecom ministry, in the Union Budget for the financial year 2024-25. The majority of these funds are designated for BSNL (Bharat Sanchar Nigam Limited) and MTNL (Mahanagar Telephone Nigam Ltd) for technology upgradation and restructuring, with BSNL set to receive ₹82,916 crore for these purposes. The budget document specifies that the total net allocation for this demand amounts to ₹1,28,915.43 crore, including an additional provision of ₹17,000 crore sourced from the Universal Service Obligation Fund. This additional funding will be utilized…

The Karnataka government’s proposal to extend the workday for IT employees to over 12 hours has ignited significant backlash from unions. Concerns have been raised about potential health impacts and job losses. This decision, pending further discussions by the labour minister, could have major implications for the state’s IT industry. Proposed Amendment Details The amendment aims to revise the Karnataka Shops and Commercial Establishments Act, allowing IT/ITeS/BPO employees to work more than 12 hours a day, not exceeding 125 hours in three continuous months. This proposal has drawn widespread criticism from various IT sector unions. Union Concerns The Karnataka State…

UPI-ATM, known as the Interoperable Cardless Cash Withdrawal (ICCW) service, allows customers to conveniently access cash from various participating banks’ ATMs without the need for physical cards. All you need is your smartphone and a UPI app enabled for ATM transactions. NPCI’s Approval and Initial Trials The National Payment Corporation of India (NPCI) has approved UPI-enabled withdrawals, eliminating the need to carry debit cards everywhere. According to a MySmartPrice report, initial tests in Mumbai ATMs showed that cardless withdrawals were more complicated than traditional card processes. However, after a few trials, it was found that withdrawing cash from ATMs via…

Canada has extended invitations to foreign nationals keen on securing permanent residency through the Canadian Experience Class (CEC) program. This initiative by Immigration, Refugees, and Citizenship Canada (IRCC) offers a golden opportunity for skilled workers with Canadian work experience. On July 17, 2024, a staggering 6,300 invitations to apply (ITAs) for permanent residency under the Express Entry draw for the CEC were dispatched. These invitations were valid until July 18, 2024. This marks a significant increase from the previous round on May 31, 2024, which saw 3,000 ITAs sent out. The CEC is specifically designed for skilled workers who have…