Author: News Desk
Ashik Patinharath, an Indian expat living in Sharjah for 19 years, has won the Dh25 million grand prize in Big Ticket’s series 271 draw held in Abu Dhabi. Unlike many winners who split the prize, Patinharath will keep the full amount. He had been trying his luck for 10 years, purchasing around 100 tickets. This time, he bought six tickets online, and ticket number 456808 finally brought him victory. “It’s yet to sink in. I’ve always bought tickets on my own, and now, for the first time, I’ve won,” said the 38-year-old from Kerala. A Life-Changing Moment Patinharath, who works…
The government has revealed that 339 foreign companies have been registered in India over the last five years, but the number of registrations has seen a consistent decline since 2020. In a report presented in the Rajya Sabha, Minister of State for Corporate Affairs Harsh Malhotra shared that only five foreign companies were registered in 2024. These registrations took place across various states: one in Andhra Pradesh, one in Delhi, one in Kerala, and two in Tamil Nadu. Understanding Foreign Companies under Indian Law As defined by Section 2 (42) of the Companies Act, 2013, a foreign company refers to…
Shantanu Naidu, a close aide of Ratan Tata, has announced his new role at Tata Motors. Taking to LinkedIn, he shared that he will be serving as General Manager, Head of Strategic Initiatives. Reflecting on his journey, Shantanu recalled childhood memories of his father working at Tata Motors. “I remember when my father used to walk home from the Tata Motors plant in his white shirt and navy pants, and I would wait for him in the window. It comes full circle now,” he wrote. He also shared a picture with a Tata Nano, a car closely associated with Ratan…
India’s railway sector is poised for a remarkable transformation, with ambitious plans to expand and modernize the network. The government is set to introduce a total of 350 new trains, including 100 Amrit Bharat Trains, 50 Namo Bharat Trains, and 200 Vande Bharat Trains. This initiative aims to improve connectivity, enhance travel efficiency, and elevate the overall passenger experience across the country. New Manufacturing Plans to Improve Railway Services The government is dedicated to modernizing the country’s railway network through large-scale infrastructure developments. The introduction of Vande Bharat Trains, including sleeper and chair car versions, will offer passengers greater convenience,…
India’s train services to Rameswaram are set to resume with the imminent opening of the new Pamban Rail Bridge, which will replace the old bridge closed due to safety concerns. The much-awaited inauguration of this bridge is expected in the second week of February, boosting connectivity in the region and enhancing travel efficiency. First Vertical Lift Sea Bridge in India The new Pamban Rail Bridge is India’s first vertical lift sea bridge, marking a significant milestone in the country’s infrastructure development. Unlike its predecessor, the bridge will feature a lift mechanism, which will allow for more flexible and efficient movement…
India’s food delivery system is facing growing concerns over the new 10-minute delivery services introduced by platforms like Swiggy and Zomato. The rapid pace of these services has sparked debates around convenience, data privacy, pricing, and the overall fairness of the ecosystem. As consumers, it’s essential to navigate through this complex landscape while considering the implications on our data, choices, and the local restaurant industry. Data Privacy in Focus The introduction of the Draft Digital Personal Data Protection (DPDP) Rules 2025 brings data privacy to the forefront. Under these new guidelines, platforms like Swiggy and Zomato must disclose what personal…
Viatina-19, a Nelore cow from Brazil, has made history by becoming the world’s most expensive cow, sold for an astounding $4 million. Known for her exceptional genetics, muscular build, and heat tolerance, she holds the Guinness World Record for the highest-priced cow and has even been crowned Miss South America at the Champions of the World for her beauty. The Nelore Breed: Superior Genetics and Traits Viatina-19 belongs to the Nelore breed, which originated in India and was brought to Brazil in the 1800s. Nelore cows are highly valued for their heat tolerance, disease resistance, and reproductive efficiency, making them…
BharatPe’s Chief Marketing Officer (CMO), Parth Joshi, has announced his resignation to focus on his own entrepreneurial journey. This marks another significant departure from the fintech company, following a growing trend of key executives leaving to explore new ventures. Joshi’s Career Journey Parth Joshi took on the role of CMO at BharatPe in June 2021. Before joining the fintech unicorn, he had an extensive career in marketing, serving as the Head of Marketing at Reckitt for over five years. Joshi’s career also includes stints at global brands like GSK and L’Oréal, where he spent several years leading marketing efforts. BharatPe’s…
Abu Dhabi’s industrial hub Ta’ziz has awarded a Dh6.2 billion contract to Samsung E&A to construct the UAE’s first methanol plant. The facility, located in Al Ruwais Industrial City, is expected to be operational by 2028. One of the World’s Largest Methanol Plants With a future production capacity of 1.8 million tonnes per year, the plant will be among the world’s largest. Ta’ziz CEO Mashal Saoud Al-Kindi highlighted that this major EPC contract marks a key step in realizing Ta’ziz’s vision of building an integrated chemicals ecosystem in Al Dhafra. The project is expected to strengthen the UAE’s leadership in…
The Kerala High Court has ordered the demolition and reconstruction of Towers B and C of the Chander Kunj Army Towers at Silver Sand Island, Vyttila, citing severe structural instability. Court’s Decision on Safety Concerns Justice Mohammed Nias C P ruled that the deteriorating condition of the towers poses significant risks, leaving demolition and rebuilding as the only option. The court highlighted violations of structural, regulatory, and environmental norms, which led to distress in the buildings. Formation of Expert Committee The Ernakulam District Collector has been directed to form a committee that includes: The committee must assess the demolition’s impact…