Author: News Desk

Mahindra Group chairman Anand Mahindra has made a significant commitment of Rs 500 crore to the upcoming Mahindra University in Hyderabad, marking a momentous stride towards the advancement of education. This remarkable pledge dwarfs his previous contribution of Rs 48 crore (equivalent to $10 million in 2010 valuation) to Harvard University nearly 14 years ago. In an exclusive conversation with TOI, Mahindra expressed, “My family and I are announcing a Rs 500-crore pledge to Mahindra University, which will be spread over five years starting this year.” Emphasizing further, he clarified that this commitment is in addition to the Rs 50…

In a move signalling the embrace of technology in political campaigning, the Communist Party of India (Marxist) (CPIM) in West Bengal has introduced an Artificial Intelligence (AI) anchor named Samata ahead of the upcoming Lok Sabha elections. The Bengal unit of CPI(M) unveiled Samata through a video on the social media platform X. Samata, speaking in Bengali, extended warm greetings to the people of Bengal for Holi and made a significant announcement, stating, “Our gift for this year’s festival of colours is JNU in Lal Gulal.” Party sources revealed to India Today that Samata will play a pivotal role in…

Mukesh Ambani, the chairman and managing director of Reliance Industries Limited (RIL), boasts an impressive educational journey that has profoundly influenced his career trajectory and India’s corporate landscape. Born in Aden, Yemen, Ambani received his early education in Mumbai, laying the groundwork for his academic pursuits. His family’s legacy and Mumbai’s vibrant educational ecosystem nurtured a deep sense of pride and commitment to excellence. Ambani’s educational journey began at Mumbai’s prestigious St. Xavier’s College, where he honed his academic skills and laid the foundation for his future endeavours. Furthering his education, Ambani pursued Chemical Engineering at the renowned Institute of…

Bajaj Auto, in its stride towards an eco-friendly transportation system, is gearing up to launch a CNG-petrol hybrid bike in June, marking a significant step in its commitment to sustainability. The company, which had earlier ventured into electric two-wheelers, is now expanding its green portfolio with this innovative offering The upcoming bike, based on a 110 cc model, has already undergone prototyping at Bajaj’s facility in Aurangabad, with its construction now in the final stages. In addition to CNG, Bajaj is exploring the possibility of introducing two-wheelers and quadricycles powered by LPG and ethanol fuels, reflecting its dedication to alternative…

Step into a world where hair care transcends mere routine and becomes a transformative experience with Coco Roots Organic. Founded by Dr. Shalima Ahammed, their journey began with a simple compliment among old friends, sparking a vision to revolutionize hair care through nature’s bounty. At the heart of Coco Roots Organic lies a commitment to purity and excellence. Their diverse range of organic oils is meticulously sourced from global plants, ensuring the highest quality and effectiveness. With each product boasting 100% natural ingredients, the startup pave the way for individuals to revel in exceptional hair days consistently. Through years of research…

Adam Neumann, the co-founder of WeWork, has made a significant move to reclaim the reins of the beleaguered company, offering more than $500 million to buy it out of bankruptcy, according to sources reported by the Wall Street Journal. Navigating the Financial Landscape Neumann’s offer, although ambitious, raises questions about how he intends to finance such a sizable acquisition of the shared office space provider, as reported by the newspaper. The specifics of Neumann’s financial strategy remain unclear at this juncture. A representative from Neumann’s real estate venture, Flow, confirmed the bid, asserting that it surpasses the figure disclosed by…

The Indian film industry, renowned for its glamour and diversity, showcases a myriad of talents that captivate audiences worldwide. Spanning multiple languages and cultures, the Indian film arena stands as the largest globally, reflecting the rich tapestry of narratives and lifestyles it portrays. Priyanka Chopra: From Bollywood to Hollywood Sensation Priyanka Chopra, an epitome of talent and versatility, has transcended boundaries to become a household name not just in India but also in Hollywood. With an astounding fan base exceeding 90 million on Instagram, she commands a staggering Rs 3 crore for sponsored posts, solidifying her status as a top…

While India’s economy and stock markets continue to thrive, its startup ecosystem tells a different story. As per Reuters’ analysis, investors, once enthusiastic about injecting substantial funds into promising Indian tech ventures, are now exercising caution, cutting smaller checks, and slowing their pace of investment. This caution stems from the harsh lessons learned from significant downturns in once high-flying startups like digital payments giant Paytm. Karthik Reddy, managing partner at Blume Ventures, a prominent Indian venture capital firm, disclosed plans for a more conservative investment strategy this year. Reddy stated that instead of spreading funds across numerous companies, they intend…

Chairman of Manipal Education and Medical Group, Ranjan Pai, is poised to bolster his position in Aakash Educational Services, months after acquiring a significant stake in the company, in a move that could reshape the landscape of educational conglomerate Byju’s. Pai Eyes Larger Stake According to insider sources, Pai has set his sights on acquiring a substantial 42% stake currently held by Byju Raveendran and Think and Learn, Byju’s holding company. The proposed acquisition, valued between $700 million to $800 million, represents a strategic maneuver by Pai to consolidate his influence within Aakash. Respite for Byju’s For Byju’s, grappling with…

Shanghai-based Hurun Research Institute’s latest report reveals a significant milestone as Mumbai emerges as Asia’s new billionaire capital, outstripping Beijing for the first time. The report sheds light on the shifting landscape of wealth distribution across the globe, with notable implications for economic dynamics and investor confidence. With an impressive tally of 92 billionaires, Mumbai secures the third position globally, trailing behind only New York (119) and London (97). This remarkable feat underscores Mumbai’s rising prominence as a hub of wealth creation and investment opportunities. At the forefront of India’s billionaire cohort are industry stalwarts Mukesh Ambani and Gautam Adani,…