Author: News Desk

Dubai has consistently affirmed its standing as both a cultural and economic powerhouse, not only within the Middle East but also on a global scale. As the city continues to flourish and magnetize individuals and events from all corners of the world, its role as a cosmopolitan haven remains unchallenged. In yet another display of its international prominence, Dubai has triumphed in its bid to host the prestigious World Cities Culture Summit (WCCS) in 2024. First Ever Middle East Venue for the WCCS Scheduled to take place from October 29 to November 1, 2024, this event signifies a historic moment…

Zafin, a global banking technology company, today launched their inaugural Aspire & Achieve global scholarships valued at more than INR four lakh each, for female students pursuing a STEM (science, technology, engineering and mathematics) course. It claims to have the intent to encourage and develop the next generation of leaders, entrepreneurs and innovators. Under the Scholarship Program, four exceptional female students, one from each of the geographies where Zafin operates, namely India, APAC, EMEA and Americas, and who are currently enrolled in a Bachelors or Master’s Program with an accredited university, will be awarded the scholarship aimed at improving diversity…

Apple is on the cusp of reaching a significant milestone in India, with its annual revenue projected to approach $10 billion by the year-end, underscoring its growing strategic importance in the country. Apple’s revenue in India is estimated to have soared by 47.8%, reaching ₹49,321 crore ($5.9 billion), driven by impressive sales growth and strong profitability. This achievement positions Apple as a prominent player in the Indian market. Apple’s Dominance in Indian Smartphone Revenue Apple’s dominance in the Indian smartphone market is evident as it topped the revenue charts for the first six months of the year. The company’s sales…

The founder of Infosys Narayana Murthy has recently stated that India’s work culture must evolve and young people must be ready to work 70 hours a week. The statement ignited debates over social media in recent days. Many people have contributed their perspectives on the same. Notably, the proposal also found many takers in the likes of Ola Co-founder Bhavish Aggarwal, former board member of Infosys Mohandas Pai, Harsh Mariwala of Kaya Limited, Radhika Gupta and JSW Group chairman Sajjan Jindal. “I wholeheartedly endorse Mr Narayana Murthy’s statement. It’s not about burnout, it’s about dedication. We have to make India an economic…

A blog post published by US-based cybersecurity firm Resecurity, has claimed that personal identifiable information of about 815 million which is 81.5 crore Indians has been leaked on the dark web. The report reveals that data including names, phone numbers, addresses, Aadhaar, passport information are for sale online. The blog post was cited by media portals Business Standard, Times Now, Mint among many others. “On 9 October, a threat actor going by the name ‘pwn0001’ posted a thread on Breach Forums brokering access to 815 million “Indian Citizen Aadhaar & Passport” records.” Notably, India’s entire population is over 1.486 billion people,” Resecurity wrote in…

A recent study has unveiled a growing apprehension among Indian employees regarding the impact of artificial intelligence (AI) on their job security. Unlike their counterparts in the US, UK, and Germany, a significant number of Indian workers are expressing deep concerns about the role of AI in the workplace. The study, conducted as part of the Randstad work monitor quarterly pulse survey, brings these concerns to light. Let’s delve into the details of this emerging trend and the factors that amplify these anxieties. Factors Amplifying Concerns: BPO/KPO Workforce and Rapid AI Adoption One of the primary reasons for the increased…

In a recent study by Berlin-based WorkMotion, Dubai has surged to prominence as one of the leading cities for the burgeoning trend of ‘workations.’ Workations involve individuals working remotely while embracing a change of surroundings, and they have become increasingly popular in the era of flexible work policies. Dubai’s Remarkable Tax Advantage Dubai secures an impressive second position in the rankings, with one standout feature—zero income tax. This unique aspect makes Dubai a preferred choice for those seeking to minimize their tax burdens during their workations, setting it apart from other destinations. Safety and Mobility Excellence The city of Dubai…

HMD Global, the Finnish manufacturer behind Nokia smartphones, has expanded its product portfolio in India with the launch of the Nokia 105 Classic feature phone. Priced at ₹999, this phone is designed to offer a range of features at an affordable cost. In addition to its competitive price, HMD Global is introducing a unique one-year replacement guarantee for the device, which enhances its appeal to potential buyers. Variants and Pricing The Nokia 105 Classic is available in two variants: single SIM and dual SIM. Additionally, customers have the option to choose between purchasing the phone with or without a charger,…

The National Highways Infra Trust (NHIT), the investment trust sponsored by the National Highways Authority of India, plans to raise as much as INR 9000 crore through a mix of debt and equity. According to reports, this capital will be allocated to six highway stretches, each spanning 250km, marking the latest attempt to monetize the country’s vast road network. The NHIT is also priming for another round of fundraising in March, hoping to raise an additional INR 5,000- INR 6,000 crore for six more highway stretches, this time spanning 635km. Through these investments, the NHIT aims to generate around INR…

AU Small Finance Bank Ltd has said it will take into its fold peer lender Fincare Small Finance Bank in the first such merger between two such institutions. “The scheme is subject to approval of the respective shareholders of the transferor company (Fincare Small Finance Bank Ltd) and transferee company (AU Small Finance Bank Ltd), the Reserve Bank of India (RBI) and the Competition Commission of India (CCI),” AU SFB said in a regulatory filing late on Sunday evening. The statement said that the appointed date of the scheme shall be 1 February 2024, or a date as may be fixed…