Author: News Desk

David Beckham, a global icon both on and off the football field, has built a remarkable fortune over the years through his successful soccer career, lucrative sponsorships, and diverse business ventures. As of 2024, his estimated net worth stands at $450 million. This wealth is not only the result of his time as one of the world’s most famous footballers but also from his strategic investments and endorsement deals. David Beckham’s Career and Rise to Fame David Beckham’s career began at Manchester United in the mid-90s, where his skill, work ethic, and marketability made him a star. His most famous…

The KSR Bengaluru City Railway Station is poised for a grand transformation, with a ₹1,500-crore redevelopment project in the works. Modelled after the world-class amenities of Kempegowda International Airport (KIA), this makeover aims to elevate the station into a state-of-the-art transportation hub. Union Minister of State for Railways, V Somanna, shared updates on the project, noting that the Detailed Project Report (DPR) has been submitted to the Railway Board for approval. The redevelopment will utilise the station’s expansive 160-acre space, introducing modern facilities to enhance the passenger experience, akin to an international airport. Boosting Local Employment Beyond its infrastructural upgrades,…

Educators in the UAE are advocating for the integration of Artificial Intelligence (AI) into school curricula, emphasising the need to prepare students for a rapidly changing digital landscape. According to a study by PowerSchool and YouGov, over 90% of educators in the UAE and Saudi Arabia believe AI and other advanced technologies are essential for improving learning outcomes. Why Teaching AI is Crucial Teachers underline the importance of introducing AI education from an early age. Louis La Grange, head of Science and ICT at Uptown International School, supports teaching AI, coding, and robotics based on age. “For younger students, tools…

On Tuesday, SpaceX’s Falcon-9 rocket successfully launched from Cape Canaveral Space Force Station, Florida, placing India’s Gsat-20 (Gsat-N2) satellite into orbit. The mission, which launched at 12:01 AM as scheduled, saw the satellite separate from the rocket about 34 minutes later and achieve its intended orbit. About Gsat-20 Satellite Weighing 4,700 kg, the Gsat-20 satellite is designed for a 14-year mission and is a major leap in satellite communication technology. Equipped with cutting-edge Ka-band technology, Gsat-20 aims to transform broadband and in-flight connectivity across India. As per ISRO, this high-throughput satellite is a significant upgrade to the nation’s communication infrastructure.…

The Ministry of Road Transport and Highways has announced plans to build a new high-speed expressway linking Bengaluru and Mangaluru. The project aims to slash travel time by 7 to 8 hours. In July 2024, the ministry initiated the search for a consulting firm, receiving nine bids by November 2024. The winning bidder is expected to be selected by early 2025, with 540 days allotted to prepare a comprehensive report. Construction is slated to begin by 2028. Key Players: Karnataka PWD and NHAI Spanning 335 kilometers, the expressway will be a joint effort between the Karnataka Public Works Department (PWD)…

In 2017, Jyoti Bansal, the founder and chairman of AppDynamics, encountered what he describes as “the hardest decision” of his professional life: selling his software startup to Cisco for $3.7 billion just days before its scheduled IPO. Although either choice would have significantly enriched Bansal, his foremost concern remained the well-being of his employees. Who Is Jyoti Bansal? Jyoti Bansal is the founder of AppDynamics, which he sold to Cisco in 2017, transforming approximately 400 of his employees into millionaires. A graduate of IIT Delhi, the 46-year-old holds over 20 US patents as the lead inventor. After the sale of…

Step inside the residence of India’s wealthiest cricketer, Samarjitsinh Gaekwad, whose net worth exceeds ₹20,000 crore. His opulent home, the Laxmi Vilas Palace, is valued at over ₹25,000 crore. Ownership and Background Laxmi Vilas Palace is owned by the Royal Family of Baroda, specifically Samarjitsinh Gaekwad, a former cricketer for Baroda with a staggering wealth of more than ₹20,000 crore. Historical Significance and Current Value Originally constructed in 1890 for approximately ₹27 lakh, Laxmi Vilas Palace has appreciated significantly, now recognized as the most expensive mansion in the world, valued at over ₹25,000 crore. Sprawling Grounds The expansive Laxmi Vilas…

Tata Electronics has secured a majority stake in Pegatron’s iPhone manufacturing plant in Tamil Nadu, marking a major step in expanding its role in Apple’s production ecosystem. The strategic move, announced internally last week, sees Tata acquiring 60% of the Taiwanese contract manufacturer’s only iPhone facility in India. Pegatron will retain a 40% stake, continuing to provide technical support. This partnership strengthens Tata’s position as a key supplier to Apple in India, challenging Foxconn, the other major contract manufacturer for Apple in the country. Strengthening Apple’s Diversified Supply Chain This acquisition plays a crucial role in Apple’s ongoing strategy to…

MacKenzie Scott, the former wife of Amazon founder Jeff Bezos, has taken a groundbreaking approach to philanthropy by selling $8 billion in Amazon shares to fund charitable causes across the U.S. Her mission is to use her considerable wealth to address urgent social issues. Since her 2019 divorce from Bezos, Scott has become one of the most influential philanthropists of the 21st century. Through the sale of approximately 255 million Amazon shares, valued at around $37 billion, she has donated to over 2,300 nonprofit organisations, focusing on education, healthcare, housing, and economic opportunity. Philanthropy with a Purpose Scott’s approach to…

Shivon Zilis, a prominent figure in venture capital and artificial intelligence, recently made headlines after a photograph surfaced featuring her with Elon Musk and their twins. The image, taken during a visit to her Austin, Texas, home, was shared by biographer Walter Isaacson. Born in November 2021, the twins are among Musk’s nine children and were seen seated on the laps of Zilis and Musk. A Professional Relationship with Personal DimensionsWhile Zilis and Musk’s relationship is primarily professional, their twins indicate a deeper personal connection. Reports suggest the children were conceived via in vitro fertilisation, with Zilis maintaining there was…