Author: News Desk
Nita Ambani, the wife of Indian billionaire Mukesh Ambani, is poised to take the helm as chair of the board in the anticipated merger of Reliance Industries and Walt Disney’s India media assets, according to reports citing two close sources. This merger, which has been in progress for several months, is nearing its conclusion, with an official announcement expected late Wednesday, according to the same sources. However, it’s important to note that these plans are subject to change prior to any formal announcement. Reliance has not responded to requests for comment, while Disney has declined to provide any statement. If appointed as chair, Nita Ambani’s new role would come shortly after her departure from the board of Reliance Industries, a move…
The Indian Air Force (IAF) is set to make history as four of its seasoned fighter pilots have been designated as astronauts for the country’s maiden space flight, Gaganyaan, scheduled for next year. Each of these pilots boasts a remarkable flying experience of no less than 2000 hours. Prime Minister Narendra Modi unveiled the names of the selected astronauts during a recent review of the Gaganyaan mission’s progress. Group Captain Prashanth Nair, Group Captain Ajit Krishnan, Group Captain Angad Pratap, and Wing Commander Shubhanshu Shukla were honored with astronaut wings in recognition of their upcoming mission. Group Captain Prasanth Balakrishnan…
After exiting the Indian market two years ago, Ford Motor is reportedly gearing up for a comeback with a strategic focus on introducing multiple new products, including a compact SUV. The American automotive giant is said to be eyeing its manufacturing facility in Chennai for the production of hybrid and electric vehicles, marking a significant shift towards electrification and digital transformation under the leadership of CEO Jim Farley. Compact SUV in the Works: According to reports from Hindu Businessline and other sources, Ford Motor is in the advanced stages of developing a new compact SUV, which has been patented and is…
Mumbai, India: Nestled amidst the vibrant culinary landscape of Mumbai, a pioneering spirit emerges as Araku unveils its inaugural restaurant dedicated to regenerative agriculture. Positioned in the heart of Colaba, against the iconic backdrop of the Taj Mahal Hotel, Araku’s debut marks a milestone in the city’s dining scene. Scheduled for a grand inauguration on December 13, the restaurant’s launch coincides with the introduction of #Arakunomics—a revolutionary economic framework that champions both farmer prosperity and consumer satisfaction through regenerative agricultural practices. A Monochromatic Oasis Stepping into Araku is an immersion into a world of subtle sophistication. Housed within the historic…
Step into the dynamic world of startups, where innovation and creativity reign supreme. Sustainability has become a key focus, and startups are spearheading the development of sustainable solutions to tackle global challenges. India’s startup ecosystem is leading the charge in the global sustainability movement, reaching a notable milestone in 2024 with the widespread adoption of green practices. The nation’s dedication to sustainability is clear through proactive measures to decarbonize and a bold commitment to achieving net-zero emissions by 2070. India’s position as the ninth-largest recipient of climate tech investment globally underscores the significant venture capital funding flowing into pioneering climate…
In a bid to foster closer collaboration between federal regulators and India’s burgeoning fintech sector, Finance Minister Nirmala Sitharaman has proposed a series of initiatives aimed at addressing the concerns and issues faced by start-ups and fintech companies. The move comes following a high-level meeting convened by Sitharaman with representatives from fintech firms, regulatory bodies, and various government departments. Addressing Regulatory Concerns During the meeting, which took place against the backdrop of recent regulatory actions, including the Reserve Bank of India’s (RBI) measures against Paytm Payments Bank, Sitharaman underscored the importance of fostering innovation within the financial services sector while…
The Gaganyaan Astronaut Team, under the leadership of Prashant Balakrishnan Nair, is on the brink of embarking on a historic mission. The team’s ambitious objective is to launch a crew of three members into a 400 km orbit, thereby achieving a significant milestone in space exploration for the nation. This daring mission, set to span three days, is poised to showcase India’s prowess in space research and technology. During their time in orbit, the team will conduct vital research and experiments, contributing to the advancement of scientific knowledge and understanding of space phenomena. Their safe return to Earth will mark…
Elon Musk, the visionary CEO of Tesla, recently set the tech world abuzz with the unveiling of Tesla’s humanoid robot, Optimus. In a captivating video shared on the X platform, Optimus was showcased confidently strolling unassisted on the bustling factory floor, demonstrating remarkable technological prowess. The footage, spanning an impressive 1 minute and 18 seconds, captured Optimus navigating the lab environment with ease, taking right and left turns, showcasing its agility and versatility. Optimus, also known as Tesla Bot, is a visionary project currently in development by Tesla, Inc. Revealed at Tesla’s AI Day in 2021, this humanoid robot represents…
Sheikh Mohammed bin Rashid Al Maktoum, the esteemed ruler of Dubai and a prominent figure in the United Arab Emirates, is widely recognized for his visionary leadership and significant contributions to the development of Dubai into a global powerhouse. His recent spotlight at the World Governments Summit 2024 in Dubai, alongside Bollywood icon Shah Rukh Khan, highlighted his esteemed position and influence on both local and international stages. With prestigious titles as the current ruler of Dubai, Prime Minister, Vice President, and Minister of Defence of the UAE, Sheikh Mohammed bin Rashid Al Maktoum commands immense respect and admiration. During…
To capitalise on the burgeoning interest of Indian travellers in spiritual and leisure journeys, Riyadh, represented by Alhasan Aldabbagh, President – Asia Pacific, Saudi Tourism Authority, unveiled plans to attract a staggering 7.5 million Indian tourists by 2030. This announcement was made amidst the grandeur of the SATTE 2024 travel show, underscoring Saudi Arabia’s commitment to tap into the vast Indian market for tourism. Promoting Growth and Celebrating Milestones During Saudi Arabia’s third appearance at SATTE, Aldabbagh seized the opportunity to commemorate the country’s founding day, marking three centuries since its establishment. Amidst the celebratory atmosphere, he emphasised India’s pivotal…