Author: News Desk

Dubai’s Roads and Transport Authority (RTA) unveiled a prototype e-bike tailored for delivery companies, signaling a strategic move towards environmentally friendly transport. Muhannad Khaled Al Muhairi, Director of Commercial Transport Activities at RTA’s Licensing Agency, reportedly emphasized that the initiative aims to enhance current and future commercial transport services, promoting the transition to zero-emission transportation. Collaborating with industry experts, RTA conducted extensive research to develop an e-bike model specifically suited for the demands of delivery services. The goal is to encourage businesses to adopt green and eco-friendly transportation methods. As part of the initiative, plans are underway to establish charging…

The holiday spirit is officially in full swing as Christmas approaches, transforming Dubai into a magical winter wonderland. From towering Christmas trees and gingerbread houses to snowy playgrounds and surfing Santas, the city is adorned with festive delights. In this guide, discover the extraordinary ways Dubai celebrates Christmas, offering a unique and unforgettable experience unlike anywhere else in the world. Get ready to explore everything on your festive checklist and anticipate the extraordinary celebrations that await in this vibrant city. Gingerbread House You may have seen various gingerbread houses but here is one with a difference. At the lobby of…

Recent incidents involving young drivers engaging in dangerous stunts and reckless driving in Dubai have resulted in serious injuries and fatalities, prompting concerns about the motivations behind such risky behaviour. Stunt Driving’s Allure and Social Media Fame Driven by a desire for cheap thrills, adrenaline rushes, and the pursuit of social media attention, some young residents in Dubai admit to participating in stunt driving. The allure of creating attention-grabbing ‘reels’ for social media platforms has fueled the trend, with some individuals seeking validation through risky driving manoeuvres.The temptation of overspeeding, defined as driving 40kmph or more above the posted speed…

Bengaluru-based fintech startup Open has achieved a significant milestone with the final approval from the Reserve Bank of India (RBI) to operate as a Payment Aggregator/Payment Gateway (PA/PG). This green light follows the in-principle nod granted by the RBI in 2022. Anish Achuthan, Co-founder and CEO of Open, expressed his enthusiasm about the approval, stating, “We are elated to receive the Payment Aggregator/Payment Gateway licence from the RBI.” This recognition not only validates the company’s commitment to regulatory standards but also marks a substantial step in strengthening its dedication to small and medium-sized enterprises (SMEs). Empowering SMEs in the Digital…

In response to recent media reports suggesting a potential $2 billion acquisition of Indian e-commerce shipping startup Shiprocket, Zomato has categorically denied the rumours. The food delivery platform took the unusual step of addressing the speculation in a filing with the Bombay Stock Exchange (BSE), citing the need to clarify given the substantial impact such news could have on the market. Setting the Record Straight Zomato, typically avoiding commentary on media speculations, emphasised that there are no plans for an acquisition at the moment. The company urged caution among investors against relying on inaccurate information, highlighting its unwavering focus on…

OpenAI, the leading artificial intelligence research laboratory, has introduced a new archiving feature for its premium generative AI-based offering, ChatGPT. This update allows users to archive their conversations, providing a solution to declutter the sidebar without permanently deleting any chats. While this feature is currently available on the web and iOS versions of ChatGPT, OpenAI has assured users that support for the Android version will be rolled out in the near future. A Closer Look at ChatGPT Archiving In a recent announcement, OpenAI shared details about the newly added archiving feature in ChatGPT. According to the company’s post on platform…

Bharat Petroleum Corporation Ltd (BPCL), India’s prominent oil and gas company, announced on Wednesday that it has secured approval for a polypropylene unit project at its Kochi refinery in Kerala. The company’s board of directors, in a meeting held on December 19, 2023, greenlit an investment of INR 5,044 crore for the establishment of a polypropylene production unit at the Kochi refinery. This initiative aims to address the growing petrochemical demand in the country. “We wish to inform you that the Board at its meeting held on 19th December 2023 has approved a proposal for setting up a Polypropylene (PP)…

Five Indian companies featured among the top 30 tyre manufacturers globally, according to a report by Automotive Tyre Manufacturers’ Association (ATMA). In the ‘Tire Business Magazine’s 38th Global Tire Report’ by ATMA based on revenue in 2022, Apollo, MRF, JK Tyre, CEAT, and Balkrishna Industries (BKT) from India featured in the top 30 list. As per the report, Apollo is at the 13th position and MRF at the 14th, JK Tyre at 19th, CEAT at 22nd and BKT at 27th in the top 30 list. Michelin, Bridgestone, Goodyear, and Continental continue to occupy the top four spots, the report said.…

ZEE Entertainment Enterprises Ltd is facing heightened attention as it navigates uncertainties related to the merger scheme with Culver Max Entertainment Private Limited (CMEPL) and Bangla Entertainment Private Limited (BEPL). The company has officially communicated that it is engaging in good faith negotiations to extend the merger scheme’s effective date by a reasonable period. Negotiations Under Merger Cooperation Agreement In response to communications from CMEPL and BEPL, ZEE Entertainment stated that discussions are underway, adhering to the Merger Cooperation Agreement (MCA) entered into by all parties involved. The objective is to explore the possibility of extending the deadline required to…

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…