Author: News Desk
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…
As Group Captain Shubhanshu Shukla gears up to become India’s second astronaut in space via the upcoming Axiom-4 mission, former UAE astronaut Hazzaa AlMansoori has expressed full confidence in Shukla’s capabilities. AlMansoori, who trained alongside Shukla in Houston, recalled their shared sessions and praised his professionalism and humility, noting, “Shux is down to earth and fully prepared to pilot the Dragon vehicle.” Confidence in Handling Critical Scenarios Both Shukla and AlMansoori share a background as fighter pilots, and their training involved simulations of emergencies aboard the International Space Station (ISS), including fires, toxic leaks, and depressurisation events. According to AlMansoori,…
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…
The Indian government is considering reintroducing the “dog nose” truck design, where the engine and hood extend ahead of the driver’s cabin. This design was common until the late 1990s but was replaced by flat-fronted trucks to maximize cargo space under length regulations. However, officials now believe the dog nose design may enhance road safety by improving driver visibility and reaction time. Union Road Transport and Highways Secretary V Umashankar explained that placing the driver above the engine gives extra space and time to observe the road ahead, allowing quicker responses to hazards. He described this change as a “space…
The Indian Premier League (IPL) is not just a cricket tournament but a massive business with huge money involved. The owners of IPL teams such as Royal Challengers Bangalore (RCB) and Punjab Kings (PBKS) earn significant profits from each match. This article explains how much money these team owners make from a single IPL game and the expenses they incur. High Revenue Generated by the IPL The IPL generates much more revenue than the amount spent by the team owners. This makes the tournament a strong business model. Revenues come from different sources like ticket sales, sponsorship deals, and media…