Author: News Desk
Delhi International Airport Limited (DIAL) is embarking on an amazing initiative to establish the nation’s inaugural multi-modal interstate transport hub adjacent to Aerocity, furthering the integration of bus, metro, and air services. Positioned in close proximity to the GMR Aerocity, this ambitious project is poised to enhance connectivity through a strategically designed Interstate Bus Terminus (ISBT), the forthcoming phase 4 line of the Delhi Metro Rail Corporation (DMRC), the proposed Passenger Transport Centre (PTC), and the planned Rapid Rail Transit System (RRTS) station, as articulated in a statement by DIAL. Recognizing the significance of Indira Gandhi International Airport as Delhi’s…
In the quest for a greener planet, segregating waste and recycling have become pivotal actions for environmentally conscious residents. However, the challenge lies in determining the right place for recyclables and understanding their ultimate destination. Addressing this concern, a UAE startup, Nadeera, has emerged as a trailblazer in waste management. Smart Solutions for Sustainable Living Nadeera, an Abu Dhabi-based tech company, has introduced a groundbreaking solution – smart bins equipped with communication capabilities and trash bags adorned with QR codes for efficient tracking. With a mission to divert waste from landfills, Nadeera has strategically placed over 50 of these smart…
With the goal of increasing pizza consumption and expanding the category’s share in terms of occasions, Jubilant FoodWorks is increasing its investments in the rebranding of Domino’s. The company has launched a 360-degree rebranding campaign with the goal of increasing brand awareness, particularly among Gen Z and younger millennials. With the launch of a makeover campaign for its flagship pizza chain brand, Domino’s, Jubilant Foodworks hopes to accelerate the company’s growth in the upcoming years. According to senior officials, the company, which owns the master franchise for the American pizza brand in India, plans to launch new locations, redesigned restaurants,…
SpiceJet has expressed interest in acquiring Go First to enhance its financial position. The financial maneuvers undertaken by SpiceJet, following its May transition, involve accumulating $270 million from various investment sources. In pursuit of stabilizing its financial status, the company’s board authorized the acquisition of new capital. SpiceJet plans to utilize the fresh funds to make Go First a part of its portfolio. Go First has faced challenges related to the Pratt & Whitney engines, prompting efforts to overcome issues related to engine performance. SpiceJet is actively engaged in addressing these concerns, aiming to transform Go First into a robust…
In recent years, the global automotive industry has witnessed groundbreaking technologies, with autonomous driving technology standing out as one of the most aspirational and intriguing features. Leading auto brands, including Tesla, are on the verge of achieving fully autonomous vehicles, paving the way for complete driverless cars. India’s Reservation on Driverless Cars Despite the global enthusiasm for autonomous driving, the Indian government, particularly Nitin Gadkari, Union Minister for Road Transport & Highways, holds reservations about introducing driverless cars in the country. Speaking at the Zero Mile Samvad hosted by IIM Nagpur, Gadkari expressed strong opposition, citing concerns about job loss…
Up to November 30, 12 states approved a total of 50 solar parks with a combined capacity of 37,490 MW, Parliament was informed on Tuesday. In response to a question from the Rajya Sabha, Minister of New and Renewable Energy R K Singh stated that the government is working on a project called Development of Solar Parks and Ultra Mega Solar Power Projects, which has a 40 GW capacity target. As of November 30, Singh stated, 50 solar parks in 12 Indian states with a combined capacity of 37,490 MW had been approved under the aforementioned Ministry of New and…
Peter Schiff, renowned for his prescient forecasts and outspoken views on the economy, has become a notable figure in investment circles. From predicting the 2008 financial crisis to critiquing Federal Reserve policies, Schiff’s perspectives, shared through “The Peter Schiff Show,” garnered attention for their foundation in sound monetary principles. Prepare for an Economic Downturn: Schiff’s economic outlook signals potential challenges for the US economy. With the national debt surpassing $30 trillion, concerns about government capacity to address it without resorting to inflation or increased taxes are raised. Schiff’s warning of a potential dollar collapse and a bond market crash prompts…
The UAE Government has recently introduced a federal decree aimed at regulating media activities within the country. The comprehensive decree covers individuals, organisations, media outlets, and free zones dedicated to media, establishing specific regulations and conditions for ownership and operation. Defining Media Activities: The decree outlines media activities as encompassing the production, circulation, printing, and publishing of media content. This includes audio, video, and digital broadcasting, whether provided at a cost or free of charge. Licensing and Oversight: A key focus of the law is on the issuance and oversight of licences and permits for executing media activities. It also…
In a groundbreaking development, Nippon Steel, one of the world’s steel industry giants, is set to acquire US Steel, creating one of the largest steel conglomerates globally, excluding China. This move not only marks a pivotal moment in the history of both companies but also addresses uncertainties surrounding the future of the iconic US Steel, which has been on the lookout for a buyer since rejecting a smaller bid from a US competitor in August. Historic Foundations: Founded in 1901 by industrial magnates Andrew Carnegie and JP Morgan, US Steel once stood as one of the world’s largest companies, driven…
To encourage the use of data and artificial intelligence (AI), multinational IT giant Accenture opened a generative artificial intelligence (GenAI) studio in Bengaluru. The studio is housed within Accenture’s Innovation Hub and is a component of the $3 billion data and artificial intelligence investment the company announced in June. Accenture has previously declared that, through hiring, acquisitions, and training, it will double its AI talent to 80,000 workers in the following three years. The studio, located in Accenture’s ‘Innovation Hub,’ is a component of the company’s $3 billion investment in data and artificial intelligence, which was revealed in June of…