Author: News Desk

Infosys co-founder Narayana Murthy expresses regret for not allowing his wife, Sudha Murthy, to be a part of Infosys when it was established. Sudha had purchased INR 10,000 worth of Infosys shares in 1981, initiating its foundation. Narayana Murthy, despite believing in Sudha’s capabilities, did not permit family members to join the company at that time. During that era, many businesses failed, and Murthy acknowledges that not all ventures were successful. This realization led him to regret excluding his family from becoming a part of Infosys’ journey. He emphasizes that the decision was based on principles and not personal capabilities.…

Mark Zuckerberg, the CEO of Meta Platforms Inc., made headlines as he resumed selling company shares after a two-year hiatus. This move comes on the heels of Meta’s stock price rebounding, reaching levels not seen in seven years.According to a regulatory filing on Tuesday, Zuckerberg sold shares on each trading day between November 1 and the year-end, totaling nearly 1.28 million shares and generating approximately $428 million. The average sale amounted to $10.4 million, with the largest transaction occurring on December 28, raking in $17.1 million. Strong Market Rebound Before this selling spree, Zuckerberg had refrained from selling Meta shares…

Bollywood star Deepika Padukone is celebrating her 38th birthday today. Known as one of the most influential and easily recognizable faces in the film industry, Padukone is also among the highest-earning female actors in Bollywood. Her substantial income from movies is complemented by numerous lucrative brand endorsements – Padukone represents Louis Vuitton, Levi’s, Pepsi, Tanishq, and more – as well as her own skincare brand and investments in real estate. Various reports estimate Deepika Padukone’s net worth at INR 500 crore. She is recognized as one of the top tax contributors in Bollywood, having paid INR 10 crore in taxes…

Edtech unicorn PhysicsWallah demonstrated robust financial performance in FY23, maintaining profitability with a remarkable 3.4 times surge in total revenue, reaching INR 798 crore, as disclosed in the financial report by the Noida-based firm. The revenue from operations witnessed a substantial increase, reaching INR 771.76 crore in the fiscal year ending March 2023, compared to INR 232.47 crore in the previous fiscal year and INR 24.6 crore in FY21. PhysicsWallah expanded its reach, providing education to nearly 24 lakh students across various exam categories, a significant rise from over 9 lakh students the previous year. The growth in student numbers…

In a recent post on Agarwal’s social media, he shared some intriguing ideas about the future of Ola’s S1 electric scooters. Seeking opinions on providing rental services for S1 scooters in entertainment cities across India, Agarwal aims to reshape the dynamics of intra-city commuting. The post also encourages feedback on the best locations for rental services, hinting at Ola’s intention to cater to the diverse tourism packages offered by tour operators in the country. This move could potentially lead to Ola scooters becoming a common sight in various tourist destinations. Expressing keen interest in the opinions of individuals with valuable…

The video market in India has surged to a value of $13 billion, positioning the country as the third-largest player in the Asia-Pacific region, trailing behind China and Japan. The data is sourced from a report by Media-Telecom Partners, an Asian research firm that has exited the global market. India’s rapid growth has propelled it to become the fastest-growing video market globally. Media-Telecom Partners conducted a comprehensive analysis encompassing user engagement, viewership, consumers, advertising revenue, and profits across various segments, including social videos, premium advertising, video-on-demand subscriptions, pay TV, and free TV. According to their findings, India’s video market is…

In a landmark collaboration, India is set to launch a communications satellite using SpaceX’s Falcon-9 rocket later this year, marking the first partnership between the country and Elon Musk’s ventures. This strategic alliance aims to elevate India’s broadband communication capabilities, particularly in remote and underserved regions, as announced by NewSpace India Ltd (NSIL), the commercial arm of India’s space agency. The Satellite Mission Scheduled for launch in the second quarter of this year, the high-capacity satellite, weighing 4,700 kg, surpasses the current highest spacecraft launching capacity of 4,000 kg held by India’s space agency ISRO. The mission’s primary objective is…

SpaceX, under the visionary leadership of Elon Musk, has embarked on a groundbreaking mission to transform global communication. The recent launch of 21 state-of-the-art Starlink satellites marks a significant stride towards achieving universal mobile phone connectivity. Among them, six satellites are engineered to pioneer the innovative ‘Direct to Cell’ service, a game-changing development announced by the company in 2022. Direct to Cell: A Milestone in Connectivity The primary objective of this ambitious project, as disclosed by SpaceX on a recent occasion, is to enhance worldwide connectivity and eliminate cellular dead spots. The six satellites equipped with ‘Direct to Cell’ capabilities…

Ahead of the eagerly awaited 10th edition of the Vibrant Gujarat Global Summit, the state government has set the stage ablaze by sealing a remarkable 234 Memorandums of Understanding (MoUs). These agreements signify an extraordinary cumulative investment exceeding Rs 10.31 lakh crore across diverse sectors, with the potential to create a staggering 13 lakh job opportunities. Inking the Agreements The recent signing ceremony held in Gandhinagar saw the fruition of 58 MoUs, each representing a distinct commitment from various companies. This event showcased an impressive intention to invest Rs 7.12 lakh crore, paving the way for the creation of approximately…

Telegram is rolling out a new update featuring enhanced calls with a redesigned interface to conserve battery life. The update includes dynamic background changes based on call status, requiring fewer resources and ensuring improved performance, especially on older devices. Telegram plans further enhancements to connection and audio quality in 2024. Updates extend to Telegram’s bot platform, enabling bots to react to messages, manage reactions, quotes, and links, and provide replies to other chats or topics. Bots can also retrieve information about giveaways and boosts in channels where they serve as admins. Additionally, Telegram introduces the vaporize animation for both iOS…