Author: News Desk

Nikhil Kamath, the founder of Zerodha, and Abhijit Pai, the brain behind Gruhas, have joined forces once again to introduce the Gruhas Collective Consumer Fund. This new venture, in collaboration with talent management and influencer marketing firm Collective Artists Network, aims to support emerging consumer brands in India. Inaugural Investment and Ambitions: With an initial investment fund of Rs 150 crore, the Gruhas Collective Consumer Fund has already earmarked its first five investments across various sectors. Vijay Subramaniam, founder and Group CEO of Collective Artists Network, expressed confidence in the collaboration, underlining their commitment by personally underwriting 30-35 percent of…

Renowned for his soulful voice, Arijit Singh recently engaged in a thought-provoking discussion about the intersection of Artificial Intelligence (AI) and the music industry during an insightful interview with “The Music Podcast” on YouTube. In this conversation, Singh shared his perspectives on AI, emphasising its potential as a creative tool rather than a threat. Embracing AI: A Forward-Thinking Approach: Singh showcased a forward-thinking mindset by acknowledging the importance of learning about AI to stay relevant in the evolving music landscape. Contrary to viewing AI as a threat, he positioned it as a valuable resource that could enhance the creative process…

Indian Hotels Company (IHCL), the hospitality subsidiary of the Tata Group, has revealed its intention to construct two Taj-branded resorts on Suheli and Kadmat islands in Lakshadweep. These developments, scheduled to open in 2026, were part of an agreement signed in January last year. Lakshadweep, an Indian archipelago, gained prominence following Prime Minister Narendra Modi’s recent visit, sparking debates on social media comparing it to the Maldives. The Greenfield projects are set to be developed by IHCL. Puneet Chhatwal, Managing Director and Chief Executive Officer of IHCL, on January 10, 2023, said in an official release, “This signing is in…

In rural communities, a simple yet ingenious solution is revolutionising cooking practices. Move over, three-stone cooking; behold the masterpiece! This innovative approach not only transforms waste into wealth but also showcases the artistry that emerges from the recycling process. The open fire section not only minimises the use of firewood but also significantly reduces smoke emissions, mitigating health hazards associated with traditional kitchen cooking. Respiratory problems, heart diseases, and burns, especially affecting vulnerable groups like women and children, become a thing of the past. What makes this solution even more remarkable is its replicability, utilisation of locally available materials, and…

India is actively pursuing the establishment of a Semiconductor Research Centre to bolster its ambitions in the semiconductor industry. However, concerns about India’s preparedness to address challenges in the semiconductor sector have been raised. Investments in OSAT and the Shadow of China While India is attracting investments in Outsourced Semiconductor Assembly and Test (OSAT), it faces stiff competition from China, a major player in the semiconductor arena. The global semiconductor landscape is evolving, and India’s integration ecosystem is seen as lacking compared to other nations. India’s Absence in Key Semiconductor Groupings A notable observation is India’s absence from several emerging…

Apple Inc. reported a significant milestone in its Indian operations, revealing that it successfully manufactured iPhones valued at a staggering 1 lakh crore rupees in the past year. This production surge is part of the company’s aggressive strategy to establish a stronger foothold in the burgeoning Indian smartphone market. From January to December, Apple’s domestic production in India resulted in iPhones worth 65,000 crore rupees, marking a substantial contribution to the Indian market. While the ex-factory price of these iPhones is reported to be 1 lakh crore rupees, market dynamics are expected to push the retail prices to a range…

It is raining investments for Tamil Nadu at the third edition of its two-day Global Investors Meet (GIM) in Chennai. Tamil Nadu Chief Minister M.K. Stalin has declared a significant achievement for the state, revealing that the Global Investors Meet held in Chennai over two days successfully garnered investments amounting to a substantial 6.64 lakh crore rupees. This summit was a strategic move by the Tamil Nadu government, led by the DMK party, with a visionary goal of transforming the state into an economic powerhouse boasting a wealth management system of 1 trillion rupees by the year 2030. The event, which…

Resignation of Vice President Sidharth Satpathy Swiggy Instamart, the renowned food delivery giant, is witnessing a series of top-level departures, with the latest being the resignation of Vice President Sidharth Satpathy. Having dedicated over four years to the company, Satpathy has decided to move on, marking another significant shift in the leadership landscape. Successor Named: Anirban Roy Takes the Helm In the wake of Satpathy’s departure, Amazon India’s performance marketing head, Anirban Roy, has been appointed to fill the void. Satpathy shared this development in a LinkedIn post, stating, “Anirban Roy will be taking over my role in Instamart effective…

Google Drive, the widely-used cloud storage service by the tech giant, is presenting users with an enticing start to the new year. Available on Android, iOS, and desktop, the cloud storage plans are now on a limited-time special discount. While the standard cost for the lowest tier of cloud storage in India is Rs 130 per month, the current offer allows users to subscribe to Google One at a significantly reduced rate of Rs 35 per month for a brief period. Exploring the Exclusive Discounts For new users, this limited-period offer opens doors to the benefits of a Google One…

Kansai International Airport, nestled in the middle of Osaka Bay off the Honshu Shore in the Greater Osaka Area of Japan, boasts a unique setting – an artificial island called Kankūjima, constructed to alleviate overcrowding at Osaka International Airport. The ambitious project, which cost a staggering $20 million, has become a global marvel since its opening in 1994. Terminal One – A Architectural Triumph The airport’s island is divided into two distinct areas, each housing a terminal building. Terminal one, designed by the renowned architect Renzo Piano, stretches an impressive 1.7 km, making it the world’s longest airport terminal. With…