Author: News Desk
The MSC IRINA, recognized as the world’s largest container ship by TEU (Twenty-foot Equivalent Unit) capacity, made its maiden visit to a South Asian port by docking at Vizhinjam International Seaport on June 9, 2025. This visit marks a significant milestone for Vizhinjam, which was inaugurated by Prime Minister Narendra Modi on May 2, 2025. Impressive Size and CapacityMeasuring 399.9 meters in length and 61.3 meters in width, MSC IRINA is nearly four times longer than a standard FIFA football field. It has the capacity to carry 24,346 TEUs, surpassing the previous largest container ship, OOCL Spain, by 150 TEUs.…
Ashok Elluswamy is a key figure in Tesla’s journey toward advanced self-driving technology. As Tesla’s Vice President of AI, he leads the team responsible for developing the company’s Autopilot and AI software systems. His work has been crucial in transforming Tesla from a regular car manufacturer into a leader in autonomous driving. Elluswamy joined Tesla in 2014 as the very first engineer hired for the Autopilot team. Since 2019, he has been leading the AI software division, focusing on neural networks, real-time decision-making, and self-driving capabilities. His long tenure and leadership have made him one of the most important members…
S. Padmanabhan Sankaranarayanan has been appointed as the new chairperson of Tata Chemicals Ltd., taking over from N Chandrasekaran, who stepped down from the role on May 29. Padmanabhan will formally assume office on May 30, 2025. Longstanding Career in the Tata Group Padmanabhan’s association with Tata Chemicals began in December 2016 when he joined as a non-executive director. His professional journey with the Tata Group started in 1982 at Tata Consultancy Services (TCS), where he was involved in managing software projects and logistics across various international locations. He spent 26 years at TCS, rising through the ranks to become…
Deepika Padukone began her acting journey with the Kannada film Aishwarya opposite Upendra Rao. Her Bollywood debut in Om Shanti Om set her on a path to stardom, followed by major hits like Padmaavat and Chennai Express. She also made her mark in Hollywood with xXx: Return of Xander Cage, sharing screen space with Vin Diesel. Today, she ranks among India’s highest-paid actresses, known for her strong performances and wide fan base. Massive Net Worth Among Top ActressesDeepika Padukone’s net worth is estimated at ₹500 crore, as per News18. She earns between ₹15–30 crore per film. While some actresses like Juhi Chawla (₹4,600 crore) and Aishwarya Rai Bachchan…
Boson Cell, a company based in Chennai, has started making lithium-ion battery cells in India. This is the first time such batteries are being produced in the country. On June 4, 2025, the company launched two battery types — the 18350 B-30A and the 21700 B-50A. These batteries can be used in drones, electric vehicles (EVs), and renewable energy systems like solar panels. Better than Imported BatteriesUntil now, India depended on imported lithium batteries, mostly from China. Boson Cell says their batteries can be recharged up to 1,000 times, while imported ones last only about 350 cycles. This makes their…
On May 25, 2025, Group Captain Shubhanshu Shukla and his international crewmates entered quarantine, marking the final phase before launch. Shukla will soon become the first Indian astronaut to travel to the International Space Station (ISS) as part of the Axiom-4 (Ax-4) mission, a collaborative effort between Axiom Space, NASA, ESA, and ISRO. The mission is scheduled to launch no earlier than June 8, 2025, from Kennedy Space Center, aboard SpaceX’s Falcon-9 rocket and Dragon spacecraft. India’s Investment and Strategic Purpose India has allocated ₹550 crore for this mission. This includes the cost of Shukla’s participation and 12 scientific experiments,…
Young Indians are increasingly investing in Dubai’s luxury property market. Attracted by high rental yields, strong capital appreciation, and the UAE’s Golden Visa scheme, many are buying compact, high-return apartments. Sobha Realty reports a 5% increase in Indian buyers over the past year, highlighting growing demand from younger investors. Sobha Realty’s Market Position and Growth Targets Sobha Realty, a major player alongside Emaar and Damac, sold nearly 8,900 units in the UAE during 2024, predominantly apartments. The company aims for AED 30 billion in sales for 2025, supported by plans to launch up to 10 new masterplan projects in the…
German multinational Festo has opened a new manufacturing facility in Hosur, Tamil Nadu, with an investment of ₹500 crore. The plant will focus on producing advanced pneumatic automation components used in factory and process automation. Spread over 75 acres, the facility aims to cater to both domestic and international markets. Employment and Growth Plans The new Hosur plant is expected to create over 1,000 direct and indirect jobs initially, with plans to expand both production capacity and workforce in the coming years. This expansion aligns with Festo’s commitment to strengthening its manufacturing presence in India. Strategic Vision and Sustainability Thomas…
Vijay Mallya, who is facing charges of fraud and money laundering, has shared new insights into the downfall of Kingfisher Airlines. In a recent conversation with YouTuber Raj Shamani, he stated that the 2008 global financial crisis severely impacted the Indian economy and played a major role in the airline’s collapse. According to Mallya, Kingfisher operated smoothly until the crisis, which led to a liquidity crunch and a weakening rupee. Proposal to Downsize Was Allegedly Rejected Mallya claimed that he approached then Finance Minister Pranab Mukherjee with a plan to reduce the airline’s operations in response to the worsening economic…
Dassault Aviation, the French aerospace firm behind the Rafale fighter jet, has signed four Production Transfer Agreements with Tata Advanced Systems Limited (TASL) to locally manufacture Rafale fuselages in India. This partnership represents a major leap in India’s aerospace manufacturing capacity and integration into global defence supply chains. New Manufacturing Facility in Hyderabad Under this collaboration, TASL will establish a state-of-the-art production facility in Hyderabad. The facility will produce key Rafale fuselage components, including the lateral shells of the rear fuselage, the full rear section, the central fuselage, and the front section. Production is scheduled to begin with fuselage sections…