Author: News Desk
India is gearing up to introduce a novel platform within the BRICS framework—a startup forum. This initiative, announced by Commerce and Industry Minister Piyush Goyal during the virtual BRICS Industry Ministers’ meeting, aims to facilitate cooperation, knowledge exchange, and collaborative efforts among investors, incubators, and budding entrepreneurs across Brazil, Russia, India, China, and South Africa. BRICS Startup Forum for Collaboration Commerce and Industry Minister Piyush Goyal disclosed India’s intention to launch a BRICS startup forum later this year. The forum is designed to encourage and strengthen collaboration among BRICS member countries, fostering exchanges between investors, incubators, and aspirant entrepreneurs. India’s…
Navigating the Digital Privacy Landscape: Insights from Union Minister Rajeev Chandrasekhar In a recent conversation held in New Delhi, Rajeev Chandrasekhar, Union Minister of State for Electronics and IT, delved into the significant developments surrounding the Digital Personal Data Protection Bill, 2023. As the bill clears the Rajya Sabha hurdle, it inches closer to becoming a law, spurring discussions on its compliance timeline, exemptions for child data processing, government blocking powers, and import license regulations. Below are excerpts from the insightful conversation with Sourabh Lele and Surajeet Das Gupta: Compliance Rollout: Balancing Protection and Transition The question of when the…
Infusing Pink Magic: Jyo John Mulloor’s Captivating Barbie Transformation Renowned contemporary digital artist Jyo John Mulloor has unfurled a wave of pink splendor across Dubai, perfectly setting the stage for the imminent release of the highly anticipated Barbie movie in the UAE. A Viral Sensation: From Social Media Marvel to Barbie Magic Jyo John Mulloor, celebrated for his earlier viral social media projects, including the captivating #LetItBloomDubai, has once again seized the limelight with his latest masterpiece. This time, he has taken the enchanting world of Barbie and transposed it onto the city’s canvas. A Pink Palette Across Dubai’s Icons…
Tata-backed Air India is poised to undergo a significant rebranding today, with changes to its livery colors and logo. Reports suggest that while the iconic Maharaja mascot will persist, its role will be scaled down. This strategic move aligns with the recent changes in ownership, marking the Tata Group’s stewardship of the airline. Rebranding Details In the presence of Tata Group’s senior leadership, Air India will undergo its rebranding process. The current logo, a red swan with the distinctive orange Konark Chakra, is reportedly making way for a new livery adorned with a three-color combination—red, white, and purple. This transformation…
The Convercycle Bike revolutionizes urban transportation with its ingenious design that seamlessly combines the convenience of a city bike with the versatility of a cargo bike. Designed for modern urban living, this bike offers endless possibilities for your everyday journeys. Unfold Your Convercycle Bike The standout feature of the Convercycle Bike is its innovative folding rear wheel. With just one effortless movement and without the need for tools, the rear wheel can be fully folded out. This transformation creates a spacious loading area behind the saddle, ready to accommodate your luggage. The loading area has a permissible total weight of…
Tata Sons, the holding company of Tata Group, has disclosed the remuneration details of its key executives and directors for the Financial Year 2022-23 (FY23). Notably, Chairman N Chandrasekaran’s remuneration saw an increase, with a substantial portion being attributed to commission on profit. Chandrasekaran’s Compensation N Chandrasekaran, Chairman of Tata Sons, received a total remuneration of Rs 113 crore for FY23. This figure includes a significant Rs 100 crore as commission on profit. In the preceding fiscal year (FY22), Chandrasekaran’s remuneration amounted to Rs 109 crore. Key Executives and Directors Sourabh Agrawal, Executive Director, was compensated with a total remuneration…
Embracing Identity: Kerala’s Push for a Name Change In a significant move, the Kerala Assembly recently came together to pass a unanimous resolution urging the Central government to officially rename the state as “Keralam,” not just in the Constitution but also across all official records. The resolution was proposed by Chief Minister Pinarayi Vijayan and was received without any amendments suggested by the Congress-led Opposition. This decision carries profound historical and cultural implications for the state, reflecting the long-standing desire to align its name more closely with its linguistic and cultural roots. Unveiling the Resolution: The Call for Identity Alignment…
India’s prominent engineering and construction giant, Larsen & Toubro Ltd. (L&T), is set to make a transformative mark on the clean energy landscape with a substantial investment of up to $12 billion over the next five years. This ambitious endeavor involves a significant focus on expanding its clean energy division, aligned with the global drive to embrace sustainability. Green Hydrogen and Ammonia Venture A key facet of L&T’s investment strategy includes venturing into the production of green hydrogen and ammonia. With a commitment of nearly $4 billion, the company intends to establish a capacity of 2-3 million tonnes for these…
In a move aimed at bolstering domestic manufacturing and reducing reliance on imports, the Indian government has imposed restrictions on the import of laptops, tablets, personal computers, and related electronic products. However, recent developments reveal a slight change in this policy. The Directorate General of Foreign Trade (DGFT) announced a delay in the licensing mandate for importing these electronic devices, shifting the enforcement date to November 1, 2023. This decision has raised questions about its impact on both global electronic players and Indian consumers. The Delayed Licensing Mandate While import restrictions have been a part of India’s economic strategy before,…
Saudi Arabia’s Public Investment Fund (PIF) has taken a significant step towards female empowerment by establishing an integrated company, Kayanee, aimed at promoting a better quality of life for women. Under the visionary framework of Saudi Vision 2030, this initiative aligns with the country’s ongoing transformation towards gender equality and empowerment. Focus on Women’s Well-being Kayanee, chaired by Princess Reema bint Bandar Al-Saud, has a clear focus on future generations’ health and lifestyles. The company’s multifaceted approach encompasses fitness, sportswear, personal and therapeutic care, nutrition, diagnostics, and wellness education. With an emphasis on addressing mental, social, and physical health concerns,…