Author: News Desk

In a matter of weeks, the pace of progress in autonomous humanoid work has surged dramatically, as evidenced by a recent video release showcasing the remarkable capabilities of robots developed by Norwegian company 1X. While these Eve robots may lack the sophisticated features seen in counterparts from other companies, their rapid learning abilities are nothing short of impressive. Rapid Learning: Comparing videos from just a month ago to the latest update from March reveals an astonishing rate of advancement in the tasks these bots handle autonomously. From multi-step tasks like sorting items to delicate operations such as shirt folding, these…

When discussing the prominent Ambani family, the spotlight often shines on Mukesh and Anil Ambani. However, nestled within this influential dynasty are two lesser-known sisters: Nina Kothari and Deepti Salgaoncar. Born on January 23, 1962, Deepti Salgaoncar is the youngest daughter of the late Dhirubhai Ambani and sister to Mukesh Ambani and Nita Ambani. Following her passion, Deepti pursued law at VM Salgaocar College of Law and currently resides in the picturesque surroundings of Goa. A Family Ties and New Beginnings Deepti found love in businessman Dattaraj Salgaocar, a childhood friend of Mukesh and Anil Ambani. Their families shared a…

Former employees of Indian fintech giant Paytm, who ventured out to launch their own startups, have collectively achieved a staggering valuation of ₹10,668 crore, as reported by Private Circle. This group of entrepreneurial minds has spawned a diverse array of 22 startups, showcasing the depth of talent nurtured within Paytm’s ranks. Among the notable ventures is Pocket FM, co-founded by Rohan Nayak, a former product manager at Paytm. Amit Lakhotia, formerly a business head at Paytm wallet, ventured into the parking solutions arena with Park+. Indiagold, founded by Deepak Abbot and Nitin Misra, both ex-senior executives at Paytm, aims to…

Following Reddit’s IPO debut, OpenAI CEO Sam Altman’s stake in the social media giant surged by $200 million, reaching over $613 million. Reddit’s shares experienced a staggering 48% increase in New York Stock Exchange trading, closing at $50.44. As one of the largest Reddit shareholders, Altman now controls 7.6% of outstanding shares, according to the company’s prospectus, placing him behind only Condé Nast parent Advance Magazine Publishers and Chinese internet giant Tencent. However, Altman faces a restriction from selling Reddit shares for six months during the lockup period. Sam Altman’s Diverse Investment Portfolio Prior to his involvement with OpenAI, Sam…

In 2019, Ajay Vishwakarma and Tanu Aggarwal founded SunoKitaab in the villages of Rajasthan, aiming to revolutionize digital learning for students. Their flagship product, the ‘Vidya Box,’ eliminates the need for internet or smartphones by delivering educational audio content enriched with music and sound effects. This innovative device can be updated with new lessons through an app when internet access is available, addressing the educational challenges faced in rural areas. The inspiration for SunoKitaab stemmed from the founders’ observation of the lack of teachers and digital resources in rural regions, hindering students’ access to quality education. Leveraging their background in…

A kitchen buzzing with the aroma of freshly fried dough, lovingly soaked in sweet sugar syrup to create the delectable delight known as “Balu Shahi.” This treat holds a special place in the hearts of folks in Uttar Pradesh, especially during the lively month of June. But amidst the cooking and sweetness, there’s a different kind of buzz in the air, the anticipation of elections. As the ballots are counted and political fortunes hang in the balance, everyone wonders, who will have the pleasure of savouring the sweetness of Balu Shahi? BJP’s catchy slogans hint at victory, but nobody can…

Retail mogul Kishore Biyani has proposed a ₹476-crore settlement to lenders, led by Canara Bank, to resolve the ₹571 crore debt owed by Bansi Mall Management Co Pvt. Ltd. (BMMCPL), the entity behind Mumbai’s SOBO Central Mall. This offer comes in response to an earlier bid of ₹475 crore from the Runwal Group, as reported by the Economic Times. Biyani’s proactive move follows creditors’ acceptance of the Runwal Group’s bid, prompting him to challenge their decision in the Debts Recovery Tribunal (DRT). A source familiar with the matter revealed to the Economic Times that Biyani is determined to surpass the…

In the realm of electric vehicles (EVs) in India, Tata Motors stands out as a frontrunner. When it comes to shaping the landscape of EVs in the country, Tata leads the way compared to other companies. Their announcement in 2021 about plans to introduce 10 electric cars on Indian roads by 2025 has seen significant progress with the launch of three models: Tata Nexon EV, Tata Tiago EV, and Tata Tigor EV. This year, Tata aims to ramp up its electric SUV offerings, with some models already gaining attention. Tata Curvv EV: Revolutionising the SUV Coupe Segment The latest addition…

Released in 2009, ‘Rocket Singh: Salesman of the Year’ offers valuable insights for budding entrepreneurs, as implied by its title. Starring Ranbir Kapoor and Gauhar Khan, the film not only entertains but also imparts essential lessons for entrepreneurs. Entrepreneurs are usually keen observers. They believe in learning from different sources – it does not matter whether the source of inspiration is a Dabbawala from Mumbai or some character from a movie. For student entrepreneurs, Harpreet Singh Bedi, portrayed by Ranbir Kapoor, serves as an exemplary role model. His journey from an ordinary B.Com student to the founder of Rocket Sales Corporation…

In yet another triumph for the Indian Space Research Organisation (Isro), the Reusable Launch Vehicle (RLV) dubbed ‘Pushpak’ executed its landing mission flawlessly at the Aeronautical Test Range (ATR) in Challakere, near Karnataka’s Chitradurga. Isro Chairman S Somanath, along with other senior officials, witnessed the historic event firsthand. Isro hailed the achievement, stating, “Isro nails it again! Pushpak (RLV-TD), the winged vehicle, landed autonomously with precision on the runway after being released from an off-nominal position.” The launch of Pushpak signifies India’s ambitious step towards revolutionising space access, making it more affordable and sustainable. Pushpak was hoisted by an Indian…