Author: News Desk

Curefoods, a cloud kitchen startup founded by Ankit Nagori, is seeking to raise $40 million in its Series D funding round to enhance its restaurant presence, acquire food brands, and expand into new markets like Dubai. This funding round is expected to include both primary and secondary share sales, valuing the company at approximately $500 million post-money. As part of this funding, Curefit Healthcare Private Limited, also known as Cult Fit, is anticipated to sell its remaining 2% stake in Curefoods, marking a complete exit from its investment. In a secondary transaction, shares will be exchanged between investors, meaning no…

Sonu Nigam, one of India’s most celebrated playback singers, has accumulated a net worth of approximately 350-400 crores in 2024. His wealth is a result of over three decades of hard work, iconic music, and successful ventures in multiple industries. Sonu’s rise from a young singer to a household name in Bollywood is a testament to his exceptional talent and enduring popularity. Along with his singing career, Sonu has expanded his earnings through business ventures, brand endorsements, and live performances. Here’s a closer look at how Sonu Nigam built his impressive fortune. Early Career and Breakthrough:Sonu Nigam’s musical journey began…

Have you ever wondered which is the largest beachside event in India? It’s the Huddle Global, held annually in Kovalam. This grand event brings together startups, entrepreneurs, investors, and innovators. It’s where ideas meet funding and where new startups are born. Scheduled to take place from November 28 to 30, 2024, at the Leela Raviz Kovalam, Huddle Global is a celebration of innovation. Three-Day Startup Fest with Key Insights and Networking Opportunities The three-day event will kick off on November 28 at 4 PM with the Chief Minister of Kerala, Pinarayi Vijayan, inaugurating the ceremony. Before the opening session, the…

Ola Electric is preparing for a significant product expansion, aiming to launch 20 new offerings over the next two years. Founder and Chairman Bhavish Aggarwal shared the ambitious plans during the company’s Q2 FY2025 results conference call, highlighting a mix of new models and variations of existing vehicles. Entering the Three-Wheeler Segment Ola Electric will venture into the three-wheeler category by 2026. Aggarwal confirmed the company’s plans to introduce two electric three-wheelers: Both models will utilize components from Ola’s popular S1 electric scooters, including shared electronics, battery systems, and powertrains. This approach aims to streamline production costs and offer competitive…

Apple has achieved a significant milestone, with $10 billion in iPhone production in India from April to October 2024. This marks a 37% increase from the previous year. Of this, $7 billion worth of iPhones were exported, making up nearly 70% of the total production. Historic Growth Fuelled by PLI Scheme The growth is largely driven by the Indian government’s Production-Linked Incentive (PLI) scheme, which incentivizes large-scale manufacturing. The scheme has generated ₹1.10 lakh crore in revenue, creating thousands of jobs and boosting exports. Record Production in October 2024 October 2024 saw over $2 billion in iPhone production, marking a…

The Cabinet has approved three significant multitracking projects for Indian Railways, with a total investment of ₹7,927 crore. These projects aim to improve connectivity, reduce travel time, lower logistics costs, and support environmental sustainability. Expansion of Manmad-Jalgaon Line and Others In addition, the Cabinet approved the expansion of the Manmad-Jalgaon fourth railway line with a ₹2,773 crore budget. The Bhusawal-Khandwa third and fourth lines and the Prayagraj to Manikpur third line also received approval. The projects span seven districts across Maharashtra, Madhya Pradesh, and Uttar Pradesh. Boosting Connectivity for Pilgrims and Tourists The projects will improve the Mumbai–Prayagraj–Varanasi route, benefiting…

India has made a significant advancement in space technology with the launch of RHUMI-1, the country’s first reusable hybrid rocket. The successful launch, held in Thiruvidandhai, Tamil Nadu, marked a major milestone for Space Zone India and its founder, Dr. Anand Megalingam. A Mission to Combat Climate Change RHUMI-1 wasn’t just about space exploration; it was built with a purpose—to help fight climate change. The rocket carried three cube satellites and 50 PICO satellites, tasked with collecting vital data on cosmic radiation, UV radiation, and air quality. This information will aid in understanding atmospheric conditions and advancing climate research. “The…

The UAE has introduced the ZAI Platform, an innovative open-source learning hub designed to enhance Arabic education. The platform offers free tools and resources for Arabic teachers and non-native speakers to improve language skills effectively. Empowering Educators and Students The ZAI Platform primarily supports Arabic teachers by providing free access to training materials, vocabulary visuals, morphology aids, and more. It also helps non-native speakers with resources like vocabulary, phrases, and transliterations to improve communication in everyday situations such as greeting, ordering food, and shopping. Dr. Hanada Taha Thomure of Zayed University emphasized the platform’s goal: “Our vision is to empower…

Indian Railways recently penalized a catering service with a hefty fine of ₹1 lakh for overcharging passengers on the Pooja SF Express. This action followed a viral video showcasing a vendor selling a ₹15 Rail Neer bottle for ₹20, highlighting Indian Railways’ resolve to ensure fair pricing and passenger satisfaction. Viral Complaint Sparks Immediate Action The issue came to light when a passenger in the 3rd AC economy class recorded a vendor charging extra for bottled water. The video, which lasted nearly two minutes, captured the passenger questioning the vendor, who justified the overcharge by citing personal financial needs. Acting…

India’s railway network is renowned for its vast connectivity, with over 13,000 trains operating daily. Among these, one train stands out for its unique and historic service. The Bhakra-Nangal train, running between Nangal, Punjab, and Bhakra, Himachal Pradesh, has been providing free travel for its passengers for the last 75 years. A Historic Journey Through Scenic Routes The Bhakra-Nangal train covers a 13 km stretch that passes over the picturesque Sutlej River and the Shivalik Hills. Initially used to transport labourers and supplies during the construction of the Bhakra-Nangal Dam, this train has been in operation since 1948. Over the…