Author: News Desk

Kerala’s burgeoning startup ecosystem has surged to an impressive valuation of $1.7 billion over the 18 months leading up to the end of 2023, significantly outpacing the global average growth, according to the recently released 2024 Global Startup Ecosystem Report (GSER). The GSER highlights that while the worldwide average growth rate for startup ecosystems was 46% during this period, Kerala’s ecosystem grew at a remarkable 254% compound annual growth rate (CAGR) from July 1, 2021, to December 31, 2023. This surge places Kerala’s growth at over five times the global average, underscoring the state’s dynamic and rapidly evolving startup landscape.…

The researchers at the Indian Institute of Technology Madras (IIT-M) have unveiled a universal battery charger designed for electric vehicles (EVs), which could revolutionize the EV charging infrastructure. This innovation addresses a critical challenge in the electric mobility sector: the need for versatile, reliable, and widely compatible charging solutions, according to a Deccan Herald report. The team, led by Dr. Deepak Ronanki, Assistant Professor in the Department of Engineering Design, has developed a charger that can adapt to a wide range of voltage outputs (120-900 V) from various global power supplies. This flexibility means it can charge different types of…

The Securities and Exchange Board of India (Sebi) has taken a significant step towards enhancing its regulatory capabilities by initiating the process to hire 49 officers across various departments. This move is aimed at ensuring faster and more effective execution of Sebi’s regulatory functions. The recruitment drive follows Sebi’s invitation for applications for 97 senior-level positions in March. Initially scheduled to open on April 13, the application submission link was postponed due to the General Elections. However, a recent notice from Sebi has now invited applications for 49 Officer Grade A (Assistant Manager) positions across different streams, including General, Legal,…

While the stock market can seem daunting and risky to newcomers, several of India’s wealthiest individuals have built their fortunes through savvy investments. From Radhakishan Damani, known as the Retail King of India, to Rekha Jhunjhunwala, one of the nation’s leading women investors, here’s a look at some of the richest Indians who have amassed substantial wealth through stock investments. 1. Radhakishan Damani Net Worth: $21.5 billion Key Holdings: The billionaire investor and founder of DMart, Radhakishan Damani, is a prominent figure in the Indian stock market. His publicly disclosed holdings span six stocks and contribute significantly to his vast wealth. 2. Rekha Jhunjhunwala…

Freddy Alappatu, a fourth-year Pharm D student at Nirmala College of Pharmacy, leading the charge with ResiSearch Solutions. Together with his peers, he’s transformed his vision into reality, aiming to tackle a global healthcare challenge. Tackling Antibiotic Resistance At the core of ResiSearch Solutions is the mission to combat antibiotic resistance. With a focus on urinary tract infections (UTI), a widespread concern in India, Freddy and his team are revolutionising treatment approaches. Streamlining Diagnosis The delay in pathogen detection for UTIs often leads to broad-spectrum antibiotic prescriptions. To address this issue, Freddy’s team developed an AI-powered Python software. By analysing…

Global superstar Rihanna lit up Los Angeles with her dazzling entrance at the launch of her new venture, Fenty Hair. The event, held last night, showcased not only the singer’s entrepreneurial spirit but also her deep appreciation for Indian craftsmanship and fashion. Fresh off her captivating performance at the pre-wedding festivities of Radhika Merchant and Anant Ambani in India this past March, Rihanna continued to pay homage to Indian artistry. Her stunning ensemble at the Fenty Hair launch was adorned with exquisite jewelry from two of India’s most celebrated designers, Manish Malhotra and Sabyasachi Mukherjee. Rihanna’s look was anchored by…

American Express, a prominent American bank holding company and multinational financial services corporation, is set to reinforce its footprint in India with the unveiling of its state-of-the-art campus. This strategic move underscores the company’s steadfast commitment to the Indian market and its vision for continued growth and innovation. New Campus Unveiled: Recently, American Express announced the inauguration of its cutting-edge campus in India, signaling a significant milestone in its journey in the country. Located in sector 74A Gurugram, the new facility is poised to become a hub of innovation and collaboration for the company’s operations in India. Phased Transition: Colleagues…

Tesla CEO Elon Musk made headlines by sharing an Indian meme on X, taking a swipe at tech giant Apple over its integration of OpenAI’s ChatGPT in its features. The meme humorously illustrates concerns about potential data privacy violations arising from this integration. Musk had previously voiced his apprehensions about Apple’s collaboration with OpenAI, going as far as issuing a warning to Apple CEO Tim Cook. He stated that if Apple proceeds with integrating OpenAI at the operating system level, he would ban Apple devices at his companies due to security concerns. At the WWDC 2024 event, Apple’s Senior Vice…

Chinese researchers have unveiled a revolutionary three-dimensional (3D) electronic skin that can be applied directly to the human body, akin to a band-aid. This innovative development, first reported by Xinhua News Agency, heralds a significant leap in real-time health monitoring and robotic applications. The electronic skin, spearheaded by Professor Zhang Yihui of Tsinghua University, is designed to mimic the complex sensory functions of human skin. Capable of sensing and decoding three critical mechanical signals—pressure, friction, and strain—this advanced sensor stands out for its ability to replicate the tactile responsiveness of natural skin. Professor Zhang explains the potential impact of this…

Rupali Ganguly, widely recognized for her stellar performance in the hit TV show Anupamaa, has etched her name into the annals of Indian television history. For those who grew up in the ’90s, she will always be remembered as the lovable Monisha from Sarabhai vs Sarabhai. Born on April 5, 1977, Rupali Ganguly hails from a family deeply entrenched in the entertainment industry. Her father, Anil Ganguly, was a renowned filmmaker, and her mother, Rajni Ganguly, was a celebrated playback singer. This rich familial connection to cinema and television provided a strong foundation for Rupali’s entry into the industry. Despite…