Author: News Desk
Byju Raveendran, the founder of the prominent edtech company Byju’s, has seen a significant decrease in his wealth, primarily attributed to the financial challenges faced by the company. As of July 2022, Byju’s assets were valued at $3.6 billion, but the current valuation stands at a mere $1 billion. This drastic drop in net worth is evident in various global rankings, including Forbes, where Byju Raveendran has slipped from the list of billionaires. Edtech Boom and Initial Success: Byju’s gained prominence during the COVID-19 pandemic, with increased demand for online learning platforms. Byju Raveendran’s innovative approach to education through the…
Starting December 1, 2023, the Canadian government has introduced a revised version of the study permit application, affecting international students planning to pursue academic, professional, or vocational courses at designated learning institutions (DLIs) in Canada. This update is crucial for all foreign nationals seeking study permits on or after December 1, 2023. New Study Permit Application Form (IMM1294) A new version of the study permit application form (IMM1294) was launched on December 1, 2023. It is mandatory for applicants using the IRCC secure account to submit their study permit applications using this updated form. Applications submitted with the old form…
With the constant influx of new smartphones into the market, manufacturers are fiercely competing to offer cutting-edge features in the sub-30k price range. In this article, we delve into an in-depth analysis of the top 5 smartphones available under ₹30,000, providing insights into their specifications and performance. OnePlus Nord CE 3 5G: Unleashing Fluid AMOLED Brilliance Display Excellence: The Nord CE 3 5G boasts a 6.7-inch Fluid AMOLED display with a 20:9 aspect ratio, featuring a 120Hz refresh rate and 2160Hz PWM dimming support. Performance Powerhouse: Powered by the Snapdragon 782G chipset, this device offers up to 8GB of RAM…
Working for NASA is a dream that many harbour but few manage to turn into reality. Dr. Akshata Krishnamurthy, an aerospace engineer, has not only lived this dream but has become the first Indian citizen to operate a rover on Mars, marking an extraordinary milestone in her illustrious career. A Journey of Determination Sharing her remarkable story on Instagram, Krishnamurthy takes us back to her arrival in the United States 13 years ago. Despite facing discouragement from sceptics who doubted the possibility of a foreign national on a visa working at NASA, she remained unwavering in her determination. Her goal…
The Open Network for Digital Commerce (ONDC), in collaboration with Google Cloud India, Antler in India, Paytm, Protean and Startup India, announced an initiative called ‘Build for Bharat’. The initiative aims to tackle diverse challenges in digital commerce, promoting industry innovation to develop practical solutions in this space. “We are excited to organize this nationwide initiative focused on building innovative solutions for India’s rapidly growing digital commerce ecosystem. Initiatives like ‘Build for Bharat’ will unleash the talent and potential of India’s startup and student communities to drive meaningful impact at scale. Through grants, investments and recognition, we hope to nurture the best ideas into sustainable businesses,” said T…
Najeeb Bin Haneef, renowned as the “Algae Man” and Founder/CEO of Zaara Biotech, launched OBELIA 2.1. This innovative algal artificial carbon trapping system is poised to make a significant impact on addressing climate change. OBELIA 2.1 Unveiled OBELIA 2.1, India’s first of its kind outdoor carbon trapping system, boasts impressive capabilities. With a total capacity of 300 litres, it stands equivalent to the carbon absorption of four mature trees. The system demonstrates an impressive carbon absorption rate of 81 kilograms, coupled with a remarkable biomass production of 45.4 kilograms. Structural Features The structural integrity of OBELIA 2.1 is underpinned by…
In a strategic move, Kochi-based logistics firm Driver Logistics revealed its ambitious investment plan of INR 525 crore over the next five years. A significant portion, amounting to 30%, will be directed towards Karnataka, the company’s largest market, where it plans to enhance its infrastructure and presence. The Karnataka project encompasses a state-of-the-art 32,000 square feet multi-client warehouse and partial truckload facility (PTL) at Makali in Bengaluru. Additionally, the company plans to establish seven smaller hubs across the state within the next six months. Recognizing Karnataka’s pivotal role, Driver Logistics CEO Aqil Ashique stated that the state contributes over 35%…
Steady Growth: ₹241.43 Crore Net Collection in India Ranbir Kapoor’s latest release, “Animal,” has taken the Indian Box Office by storm, crossing the ₹240-crore mark within just four days since its December 1 release. According to industry tracker Sacnilk, the film has reported a net collection of ₹241.43 crore in India, showcasing consistent numbers even on its fourth day, where it collected ₹39.9 crore. Weekend Triumph: ₹137.73 Crore in First Three Days The film had an impressive start, collecting ₹63.8 crore on its opening day. By the end of the weekend, “Animal” had amassed ₹137.73 crore, with collections of ₹71.46…
Gautam Singhania, the Chairman of Raymond’s Group, and his wife, Nawaaz Modi, have become the talk of the town due to their dynamic presence in the business world. With Gautam Singhania’s net worth of ₹11,660 crores and a significant share in the family’s wealth, the couple’s business dealings have gained more attention, especially in light of the allegations raised by Nawaaz against Gautam. Raymond’s Group: A Business Giant Raymond’s Group stands as one of India’s foremost business families, and Gautam Singhania has been at the helm of this conglomerate. However, recent controversies, fueled by Nawaaz Modi’s accusations, have shifted the…
On Monday, Pankaj Chaudhary, the Minister of State for Finance, informed the Lok Sabha that 28 crypto exchanges and virtual digital asset service providers have successfully registered with the Financial Intelligence Unit–India. Notable names among them include CoinX, Unocoin, Bitbns, Zebpay, WazirX, Coinswitch, CoinswitchX, and Rario. In response to a query by Lok Sabha MP Lavu Sri Krishna Devarayalu regarding the applicability of anti-money laundering guidelines and reporting requirements to offshore crypto exchanges serving the Indian market, Minister Chaudhary confirmed, “Yes, the guidelines and reporting requirements are applicable to offshore crypto exchanges servicing the Indian market. The process of registration…