Author: News Desk

Launched on March 1, 2024, the Life Protection Plan (LPP) is a new insurance scheme designed to provide compensation of up to Dh75,000 for families of Indian workers in the UAE in the event of the employee’s death, whether from natural causes or accidents. Coverage and Repatriation The LPP covers death from any cause and includes protection for permanent total or partial disability due to accidents. It also offers repatriation expenses up to Dh12,000 per person. This plan is available for workers aged 18 to 70 years with a UAE employment visa. Benefits and Cost The insurance scheme offers three…

Nathan Anderson, the founder of Hindenburg Research, has been a prominent figure in the financial world, particularly known for his firm’s controversial and impactful investigative reports. Established in New York in 2017, Hindenburg Research has made a name for itself by exposing corporate misconduct, including high-profile cases such as Nikola Corporation and the Adani Group. Nathan Anderson: A Brief Overview Nathan Anderson launched Hindenburg Research with the goal of uncovering financial “disasters” before they impact investors. The firm is renowned for its in-depth fundamental analysis, which identifies issues such as accounting discrepancies, problematic management, undisclosed related-party transactions, and unethical business…

A United Airways plane from Bangladesh has been stranded at Raipur’s Swami Vivekananda Airport for an extended period, to be precise 9 years, following an emergency landing. This unresolved situation has left airport authorities and regulators perplexed, grappling with how to address the ongoing issue. Background of the Emergency Landing On August 7, 2015, a United Airways flight en route from Dhaka to Muscat encountered severe technical issues and was forced to land in Raipur. The aircraft, carrying 173 passengers, experienced a significant engine malfunction that led to a massive explosion. Captain Shahbaz Imtiaz Khan, the pilot, described the harrowing…

St Martin’s Island, spanning just three square kilometers, is located in the northeastern Bay of Bengal, about 9 kilometers south of Bangladesh’s Cox’s Bazar-Teknaf peninsula. With a population of around 3,700, the island’s residents primarily engage in fishing, rice cultivation, coconut farming, and seaweed harvesting, which is exported to Myanmar. Recent Allegations and Reactions The island recently gained attention due to allegations that the Bangladesh Nationalist Party (BNP), led by former Prime Minister Khaleda Zia, had planned to sell it to the United States for a military base in exchange for electoral support. The US State Department has dismissed these…

URBX Pilot and Aviation Academy, located in Ernakulam, is offering exceptional opportunities for those aspiring to work in the aviation sector. The academy provides a range of courses, including pilot coaching, designed to lead students to successful careers in aviation. With a focus on aligning students’ skills and aspirations, URBX ensures they are guided toward their dream jobs with the help of experienced and knowledgeable instructors. Kerala’s First Industry-Integrated Campus URBX stands out as Kerala’s first industry-integrated campus. The new Knowledge Park and Pilot Aviation Academy in Thrikkakara were inaugurated by Minister of Law and Industries, P. Rajeev. The minister…

Volocopter, a startup from Bruchsal, Germany, has successfully conducted a test flight at Saint-Cyr-l’École airfield, marking a significant step for electric vertical take-off and landing (eVTOL) technology. This flight took place at the first customized commercial vertiport for eVTOLs, located about 25 kilometers from Paris. Test Flight Details The test flight, lasting just two minutes, involved a pilot launching the aircraft, performing a brief loop over the surrounding fields, and landing back at the airfield. Although Volocopter had initially planned to use its new Volocity model, the test was conducted with the older 2X model. Challenges and Changes Volocopter had…

Ather Energy is a trailblazer in India’s electric vehicle market, specializing in high-performance electric scooters designed for urban commuting. The company stands out for its focus on integrating advanced technology, sustainable practices, and a premium user experience. Ather’s commitment to innovation and quality has positioned it as a leading player in the electric two-wheeler segment. Founders and Leadership Product Line Ather Energy’s product portfolio reflects its commitment to performance, design, and technology: Innovations and Features Company Milestones Funding and Financial Milestones Ather Energy has successfully raised over $511 million in funding: Revenue FY 2024: Reported a consolidated revenue of Rs…

If you need to extend your stay in the UAE, whether for work or personal reasons, the ICP offers a simple online service to manage your entry permit extension. The extension period and eligibility depend on the type of permit and specific conditions. Here’s a detailed guide to help you extend your entry permit with ease: Types of Extensions Extensions for 30 Days Permits that can be extended for 30 days include: Required Document: A passport copy is required for each of these extensions. Fees: Extensions for More Than 30 Days Permits that can be extended for more than 30…

Sudha Murthy, the renowned social worker, author, and Chairperson of the Infosys Foundation, recently shared her insights on the future of electric vehicles (EVs) in India. Emphasizing the need for robust infrastructure, she highlighted the importance of designing advanced electrical grids and establishing ample charging stations. SudhaMurthy began by acknowledging the progress made in India’s transportation sector, citing the extensive and well-maintained road network overseen by the Ministry of Transport. However, she pointed out a significant issue: road transportation contributes to 40% of pollution. To combat this, Murthy advocates for a shift towards electric vehicles, which promise to reduce pollution…

After returning from India’s white-ball tour of Sri Lanka, star pacer Mohammed Siraj surprised his family with a new car. Siraj showcased his new black Range Rover on social media, proudly posing next to the luxurious vehicle. Social Media Announcement In his post, Siraj, dressed in all black, shared his excitement and gratitude: “Have NO LIMITS on your DREAMS, as they push you to work harder and strive for more. It’s the effort you put in with consistency that will take you forward. Grateful to the Almighty for his blessings and for making me capable of buying this dream car…