Author: News Desk
Yatra Online Announces IPO Launch on September 15 Corporate travel service provider Yatra Online is set to go public with its initial public offering (IPO) on September 15, 2023. This significant move in the online travel industry entails a fresh issuance of shares worth Rs 602 crore and an offer-for-sale (OFS) of 1,21,83,099 equity shares by the promoter and an investor. IPO Details The IPO comprises a fresh issuance of shares worth Rs 602 crore and an OFS of 1,21,83,099 equity shares. Promoter THCL Travel Holding Cyprus will offload 17,51,739 equity shares, while investor Pandara Trust – SCHEME I, represented…
Unlocking Development with Digital Public Infrastructure (DPI) in India Partnering for Inclusive Growth The Asian Development Bank (ADB) is set to join hands with India in a groundbreaking partnership aimed at promoting Digital Public Infrastructure (DPI) in its projects. This initiative not only seeks to enhance the effectiveness of developmental projects but also addresses the pressing issue of the digital divide that has emerged as a new form of inequality. In an exclusive interaction with Mint, Tomoyuki Kimura, the Director General of Strategy, Policy, and Partnerships at ADB, shared insights into this innovative collaboration. This comes at a pivotal moment…
In a significant address at the G20 leaders’ summit, Prime Minister Narendra Modi made a strong plea for global institutions, particularly the United Nations Security Council (UNSC), to evolve in line with contemporary realities. He stressed the importance of reflecting these changes in the structure of global organizations. India’s Assertive Bid for UNSC Permanent Membership Prime Minister Modi left no room for ambiguity as he asserted India’s claim for permanent membership in the UNSC. He emphasized that institutions and individuals that fail to adapt to changing circumstances tend to lose their relevance over time. Currently, the UNSC’s five permanent members…
In a significant development for higher education institutes in India, the IIT Council has forged a Memorandum of Understanding (MoU) with the Association of American Universities (AAU) to establish the Indo-US Global Challenges Institute. This collaborative initiative aims to tackle pressing economic, environmental, and technological challenges with implications for both nations’ security, prosperity, and stability. Addressing Consequential Challenges The Indo-US Global Challenges Institute will serve as a virtual network of partner universities, providing a robust platform for addressing strategic research programs. These programs will require interdisciplinary solutions to navigate critical and emerging technologies. Key areas of focus include sustainable energy,…
The ongoing G20 Summit in India has not only been a platform for world leaders to discuss critical global issues but has also witnessed a remarkable linguistic display by US official Margaret Macleod. She made waves with her frequent interactions with the media in fluent Hindi, a talent that has left many in awe. Bridging Language Barriers for US Foreign Policy Margaret Macleod, a US State Department official, has been aptly dubbed the government’s ‘Hindustani spokesperson.’ Her role entails conveying “US foreign policy priorities to Hindi and Urdu speakers around the world.” Her confident and eloquent Hindi presentations have caught…
MedTech Startup SigTuple: Revolutionizing Pathology with AI-Enabled Diagnostics SigTuple, a Bengaluru-based medtech startup, is making significant strides in the field of pathology diagnosis by leveraging artificial intelligence (AI) and robotics. Founded by Dr. Tathagato Rai Dastidar, SigTuple aims to streamline the pathologist’s workflow, reduce errors, and enhance patient outcomes. In this article, we explore the journey of SigTuple and how its AI-enabled device is transforming disease diagnosis. The Founder’s Inspiration Dr. Tathagato Rai Dastidar, with over two decades of experience in the tech industry and holding 11 United States patents, established SigTuple in 2015. His inspiration stems from a personal…
IIT Bombay’s Remarkable Placement Season: Student Lands Overseas Offer with Rs 3.7 Crore Salary The Indian Institute of Technology (IIT) Bombay is making waves in the academic world once again, as reports emerge of an extraordinary overseas placement offer extended to one of its computer science students. With an annual salary package of Rs 3.7 crore, this offer has captured the attention of many, marking a significant milestone in the ongoing campus placement season at the prestigious institution. In this article, we delve into the details of this remarkable development and shed light on the broader context of placement activities…
In a significant moment on September 9, Prime Minister Narendra Modi, flanked by US President Joe Biden and Saudi Arabian Prime Minister Mohammed bin Salman, announced the inauguration of the Connectivity Corridor, a landmark project aimed at fostering economic integration between India, the Middle East, and Europe. This visionary initiative was unveiled during the G20 Summit held in New Delhi, where global leaders joined forces to set the stage for a new era of connectivity and collaboration. In this article, we delve into the details of this transformative project, exploring the key components, its potential impact on nations, and the…
In a country bustling with economic activity and entrepreneurial spirit, India boasts an impressive roster of billionaires. As of September 7th, 2023, we take a closer look at the top 10 wealthiest individuals who have made their mark on India’s business landscape. Mukesh Ambani: The Undisputed Richest Man in India At the summit of India’s wealthiest individuals stands Mukesh Ambani, a name synonymous with business prowess. With a staggering net worth of $90.8 billion, he reigns as the richest man in India. Notably, Ambani also claims the 13th spot among the world’s richest individuals. His wealth is primarily anchored in…
Tanishq Celebrates Asha Bhosle’s 90th Birthday with Special Gold Coin Tanishq, the renowned Indian jewellery brand, has marked a significant milestone in celebrating the 90th birthday of Asha Bhosle, the legendary Indian playback singer. In a gesture that pays tribute to her immense contribution to Indian music and culture, Tanishq has launched a special edition 22k Gold Coin. This collector’s item not only commemorates Asha Bhosle’s legacy but also adds to Tanishq’s reputation for high-quality craftsmanship and innovative designs. A Special Tribute in Gold 1. The Celebration Coin: Tanishq’s initiative to honor Asha Bhosle’s 90th birthday is encapsulated in a…