Author: News Desk

In a significant development within the entertainment industry, Reliance Industries Limited (RIL) and Walt Disney Co have reportedly finalized a binding agreement to merge their media operations in India, as stated by Bloomberg. Under this agreement, Reliance’s media unit and its affiliates are poised to hold a minimum of 61% stake in the merged entity, while Disney will retain the remaining shares. Reports suggest that Disney has agreed to divest 61% of its India business to Viacom 18 at a valuation of $3.9 billion (approximately Rs 33,000 crore). Viacom18, owned by Reliance Industries Limited (RIL) Chairman Mukesh Ambani, will acquire…

Dubai recently unveiled a strategic move aimed at fostering tourism between India and the Gulf nation. The Dubai Department of Economy and Tourism (DET) announced a five-year multiple-entry visa, a decision poised to significantly enhance travel opportunities and deepen economic ties between the two countries. Here’s what you need to know about this latest development: 1. Surging Indian Visitors: According to the latest data from DET, Dubai witnessed a notable surge in Indian tourists in 2023. With 2.46 million overnight visitors from India, marking a 25% increase from pre-pandemic levels, India emerged as the top source market for Dubai. 2. Continued Growth: The data further revealed that India maintained its lead as…

Malappuram, the coastal region in Kerala, India, has been significantly shaped by the influence of Arab culinary traditions. Dating back to the historic Gulf migration, the infusion of Arab flavours, techniques, and ingredients has enriched Malappuram cuisine, creating a unique fusion that delights the senses and tantalises taste buds. The historical connection between Kerala and the Arabian Peninsula dates back centuries, with Muslim traders introducing spices and culinary practices to the Malabar coast. Over time, these influences have merged with local ingredients and traditions, giving rise to a vibrant culinary fusion that celebrates diversity and heritage. Malappuramr’s culinary evolution continues to be shaped by global trends and local…

Once celebrated as the face of India’s booming edtech industry, Byju Raveendran, the 44-year-old entrepreneur behind Byju’s, is now embroiled in controversy. The founder of the renowned online learning platform finds himself under intense scrutiny from India’s financial regulatory agencies, marking a stark contrast to his earlier image of inspiration and innovation. Investigation and Legal Trouble: Raveendran is currently under investigation by the Enforcement Directorate (ED), and has been flagged by Indian immigration authorities. This means that his movements across Indian borders will be closely monitored, with the possibility of detention upon return to the country for questioning by the ED.…

Nvidia, the renowned semiconductor powerhouse, is on the verge of achieving a monumental milestone in the tech industry. While it took industry giants Apple and Microsoft over two years to ascend from a $1 trillion to a $2 trillion valuation, Nvidia is set to accomplish this feat in less than a year. Bolstered by the surging demand for AI-related technologies on Wall Street, Nvidia’s stock has been on an upward trajectory, propelling it towards this historic valuation. Impressive Financial Performance In its fiscal fourth quarter, Nvidia reported a remarkable 486% year-over-year increase in earnings per share, excluding certain items. This…

RailYatri, the train ticketing platform, has shown robust financial performance in recent years. The company’s revenue has nearly doubled, approaching the Rs 300 crore mark, while also managing to reduce losses in FY23. According to RailYatri’s consolidated financial statements filed with the Registrar of Companies, revenue from operations surged 2.3 times to Rs 273.73 crore during the fiscal year ending March 2023, compared to Rs 117.21 crore in FY22. Established in 2014, RailYatri provides train ticket information and intercity bus services through IntrCity SmartBus on various routes like Delhi–Lucknow, Delhi–Kanpur, Mumbai–Pune, Bengaluru–Hyderabad, and Chennai–Coimbatore. The company introduced a ‘flexi-ticket’ feature…

In a landscape where obstacles often shape our trajectories, there are remarkable individuals like Nimmy Viegas who not only navigate adversity but also illuminate paths of hope and inspiration for others. Originating from the tranquil coastal town of Cherai, Nimmy’s voyage epitomizes the strength of self-assurance, resilience, and unyielding resolve. From her humble beginnings in Munumbam, where she attended St. Mary’s High School in the Malayalam medium, to her academic pursuits in Coimbatore and Delhi, Nimmy’s educational journey laid the foundation for her future endeavours. It was during her time at Infosys, where she was selected through the campus program,…

Boston Dynamics’ leading humanoid robot, Atlas, effortlessly manoeuvres heavy automotive struts in recently unveiled footage. The demonstration showcases Atlas relying solely on its internal sensors to identify objects before deftly gripping and transferring the struts from storage to a nearby flow cart. Viewers are treated to a unique perspective, witnessing the action through Atlas’ own eyes. Launched to the public stage in July 2013, Atlas has undergone continuous refinement, evolving into what Boston Dynamics proudly hails as the “world’s most dynamic humanoid robot.” While past exhibitions featured Atlas engaging in feats like running and executing parkour, this latest footage spotlights…

A recent study conducted by scientists has shed light on the biodiversity footprints of various popular dishes worldwide, with a particular spotlight on Indian cuisine. The findings reveal a complex interplay between staple ingredients, sourcing practices, and their implications for biodiversity conservation. The concept of a ‘biodiversity footprint’ was central to the study, measuring the impact of ingredients on local fauna, including mammals, birds, and amphibians. Surprisingly, the research identified a range of meat-based dishes, particularly Brazilian steak varieties like picanha, churrasco, and fraldinha, as well as options like salsa verde pork, yukgaejang (a spicy Korean beef and vegetable stew),…

India is poised to achieve remarkable economic growth, potentially reaching a $10 trillion economy and securing the third-largest global economy position in the near future, according to World Economic Forum President Borge Brende. Brende expressed admiration for India’s unique sense of optimism amid a world marked by fragmentation and polarization. In an exclusive interview with PTI, Brende highlighted India’s status as the fastest-growing economy among major global players. He emphasized the substantial interest in India showcased at the recent Davos meeting and expressed the WEF’s intention to host the WEF India Summit in partnership with the Indian government when the…