Author: News Desk
The Board of Control for Cricket (BCCI) is the wealthiest governing body for cricket in the world. The net worth of BCCI has grown incredibly over the years. The current net worth of BCCI is about $2.25 billion. In the 2014-15 period, it was Rs 5,438.6 cr. The current net worth of ICC is $2.5 billion. Without a doubt, we can say that BCCI is one of the most influential boards of cricket such as the England and Wales Cricket Board and Cricket Australia. What has encouraged this massive growth of BCCI? The commercialisation of broadcasting rights that happened in the 1990s has thrust BCCI into this strong position. Its growth has not stuttered since then. The Indian Premier League (IPL), partnerships with BYJU’S and Paytm, and broadcasting rights and digital rights with Start…
Kalari Club Dubai achieves Guinness World Record. The record is for most people simultaneously performing Kalarippayattu, a martial art form. A total of 270 students took part in the event. The students were between the ages of 4 and 60. They stood in the formation of a falcon to set the record. The event was done as part of the UAE National Day Celebrations. Dr Rahis Gurukkal, the founder of the club, put forward the idea. The students demonstrated Kalari moves using swords, knives, and sticks.
The Indian Space Research Organization (ISRO) and Social Alpha have today signed a memorandum of understanding (MoU) to establish the SpaceTech Innovation Network (SpIN), India’s first specialised platform for innovation curation and venture development for the burgeoning space entrepreneurial ecosystem. This innovative partnership, a first-of-its-kind public-private partnership for start-ups and SMEs in the space industry, will work to identify and unleash the market potential of India’s most promising space tech innovators and entrepreneurs. It is a significant step forward in providing further stimulus to India’s recent space reform policies. The main objective of SpIN will be to support space technology…
Emirates Telecommunications increased its ownership of Vodafone Group to 11% but stated that it does not intend to make an acquisition bid for the British telecommunications company. The largest stakeholder in Vodafone, a telecom corporation located in the United Arab Emirates, historically owned around 10% of the British business. Nick Read, the chief executive officer of Vodafone, said on Monday that he would retire at the conclusion of the current fiscal year. Vodafone issued a profit warning last month after its shares have lost more than 20% of their value so far this year and virtually halved during Read’s leadership.
IIT Madras successfully deployed Sindhuja-1, an ocean wave energy converter. It was deployed at the Tuticorin coast in Tamil Nadu. The device was installed at a depth of 20 meters Prof. Abdus Samad led the research and was assisted by MS students Vishnu Vijayshankar and Suman Kuar. He said the project can help India utilise marine energy and fight climate change. The system of Sindhuja-1 is divided into three segments. A floating buoy, an electrical module, and a spar. The goal is to generate 1MW of power through ocean waves in three years.
UAE strengthens Emiratisation targets. The Ministry of Human Resources and Emiratisation (MoHRE) is observing the progress. Emiratisation aims to give opportunities to nationals in the private sector. It says that companies with more than 50 workers should have 2 per cent of Emirati employees. And, they must be employed in skilled jobs. Companies that fail to achieve targets will be fined from January 2023.
Indian Agrifood startups earned a record $4.6 billion in Investment during FY 2021–22, an increase of 119 percent year over year. India surpassed China as the region’s largest financier of Agrifood-Tech Innovation. According to the research by VC companies AgFunder and Omnivore, Farmtech Entrepreneurs received $1.5 billion across 140 deals, an increase of 185% compared to the previous year. Startups in e-grocery and restaurant marketplaces received close to $3 billion in funding, or about 66% of the overall investment. Additionally, deal activity climbed to 234 deals in FY2022 from 189 deals in FY2021. From $1.77 billion in FY2021, downstream startups…
The Nagpur metro rail project in Maharashtra was recognised by the Guinness Book of World Records for constructing the longest double-decker viaduct with an elevated highway and Metro Rail supported on a single-column pier. This engineering achievement has already been recognised by the Asia Book of Records and the India Book of Records. They also acknowledged the achievement of building three metro stations atop a double-decker structure. This 3.1 km double-decker viaduct was jointly constructed by Maha Metro and NHAI on Nagpur’s Wadha road. A three-layered transportation corridor was made possible by this double-decker viaduct, with an existing highway occupying…
The German automobile supplier Klassen has a range of vehicles in the stretch V-Class. Its Mercedes-Benz stretch V-Class van is the epitome of luxury. It comes with a huge flat-screen with built-in Playstation 4 and multimedia system Automatic folding tables, champagne flutes, a coffee maker, and a biometric safe are a few other features All features can be remotely controlled with an iPad It takes up to four months to build one of these vans The duration can go up to one year depending on customers’ requirements The most expensive one in the stretch V-Class is Range Rover Autobiography This can be stretched by one meter and is priced…
Greenzo Energy India Limited to set up a manufacturing facility for electrolysersThe Delhi-based firm wants to start the facility in Sanand industrial estateThe company would invest Rs 412 crore in a phased manner It plans to develop a compact hydrogen generation plant in a containerised solutionIt looks to provide a cost-effective end-to-end solution for green hydrogenThe technology will integrate solar energy, wind energy, and grind power for making green hydrogen The solution will be beneficial for SMEs . Greenzo Energy is a leading renewable energy firm in India.