Author: News Desk
Following Reddit’s IPO debut, OpenAI CEO Sam Altman’s stake in the social media giant surged by $200 million, reaching over $613 million. Reddit’s shares experienced a staggering 48% increase in New York Stock Exchange trading, closing at $50.44. As one of the largest Reddit shareholders, Altman now controls 7.6% of outstanding shares, according to the company’s prospectus, placing him behind only Condé Nast parent Advance Magazine Publishers and Chinese internet giant Tencent. However, Altman faces a restriction from selling Reddit shares for six months during the lockup period. Sam Altman’s Diverse Investment Portfolio Prior to his involvement with OpenAI, Sam…
In 2019, Ajay Vishwakarma and Tanu Aggarwal founded SunoKitaab in the villages of Rajasthan, aiming to revolutionize digital learning for students. Their flagship product, the ‘Vidya Box,’ eliminates the need for internet or smartphones by delivering educational audio content enriched with music and sound effects. This innovative device can be updated with new lessons through an app when internet access is available, addressing the educational challenges faced in rural areas. The inspiration for SunoKitaab stemmed from the founders’ observation of the lack of teachers and digital resources in rural regions, hindering students’ access to quality education. Leveraging their background in…
A kitchen buzzing with the aroma of freshly fried dough, lovingly soaked in sweet sugar syrup to create the delectable delight known as “Balu Shahi.” This treat holds a special place in the hearts of folks in Uttar Pradesh, especially during the lively month of June. But amidst the cooking and sweetness, there’s a different kind of buzz in the air, the anticipation of elections. As the ballots are counted and political fortunes hang in the balance, everyone wonders, who will have the pleasure of savouring the sweetness of Balu Shahi? BJP’s catchy slogans hint at victory, but nobody can…
Retail mogul Kishore Biyani has proposed a ₹476-crore settlement to lenders, led by Canara Bank, to resolve the ₹571 crore debt owed by Bansi Mall Management Co Pvt. Ltd. (BMMCPL), the entity behind Mumbai’s SOBO Central Mall. This offer comes in response to an earlier bid of ₹475 crore from the Runwal Group, as reported by the Economic Times. Biyani’s proactive move follows creditors’ acceptance of the Runwal Group’s bid, prompting him to challenge their decision in the Debts Recovery Tribunal (DRT). A source familiar with the matter revealed to the Economic Times that Biyani is determined to surpass the…
In the realm of electric vehicles (EVs) in India, Tata Motors stands out as a frontrunner. When it comes to shaping the landscape of EVs in the country, Tata leads the way compared to other companies. Their announcement in 2021 about plans to introduce 10 electric cars on Indian roads by 2025 has seen significant progress with the launch of three models: Tata Nexon EV, Tata Tiago EV, and Tata Tigor EV. This year, Tata aims to ramp up its electric SUV offerings, with some models already gaining attention. Tata Curvv EV: Revolutionising the SUV Coupe Segment The latest addition…
Released in 2009, ‘Rocket Singh: Salesman of the Year’ offers valuable insights for budding entrepreneurs, as implied by its title. Starring Ranbir Kapoor and Gauhar Khan, the film not only entertains but also imparts essential lessons for entrepreneurs. Entrepreneurs are usually keen observers. They believe in learning from different sources – it does not matter whether the source of inspiration is a Dabbawala from Mumbai or some character from a movie. For student entrepreneurs, Harpreet Singh Bedi, portrayed by Ranbir Kapoor, serves as an exemplary role model. His journey from an ordinary B.Com student to the founder of Rocket Sales Corporation…
In yet another triumph for the Indian Space Research Organisation (Isro), the Reusable Launch Vehicle (RLV) dubbed ‘Pushpak’ executed its landing mission flawlessly at the Aeronautical Test Range (ATR) in Challakere, near Karnataka’s Chitradurga. Isro Chairman S Somanath, along with other senior officials, witnessed the historic event firsthand. Isro hailed the achievement, stating, “Isro nails it again! Pushpak (RLV-TD), the winged vehicle, landed autonomously with precision on the runway after being released from an off-nominal position.” The launch of Pushpak signifies India’s ambitious step towards revolutionising space access, making it more affordable and sustainable. Pushpak was hoisted by an Indian…
In a glitzy affair at Concourse A of Dubai International Airport, two lucky individuals, one Emirati and one Indian national, emerged as the latest millionaires in the renowned Dubai Duty Free Millennium Millionaire and Finest Surprise draw. Emirati Triumph Mohammed Al Shehi, hailing from the UAE, clinched a staggering $1 million prize in the Millennium Millionaire Series 454. Al Shehi, purchasing his winning ticket (number 2637) online on March 10, joins the esteemed league of Emirati nationals who’ve bagged the million-dollar fortune through this promotion. His win marks the 14th Emirati to achieve this milestone since the inception of the…
Chinese car manufacturers are embarking on a novel integration by incorporating camera drones into their electric vehicles, catering to content creators eager to capture unique driving experiences. This innovative feature enables effortless filming of moving vehicles with the footage streamed live on the car’s interior display and stored for future use, all controllable via voice commands by the driver. Notable among these advancements is the Yangwang U8 plug-in hybrid SUV from BYD, a global leader in electric vehicles, which houses a DJI drone in a dedicated roof compartment for storage and charging. Similarly, Lynk & Co, a subsidiary of Geely,…
In a seemingly serendipitous encounter, Apple CEO Tim Cook and Google CEO Sundar Pichai were captured dining together at a Vietnamese restaurant in Palo Alto, sparking a flurry of speculation among tech enthusiasts. Shared by a user on X, formerly known as Twitter, the image quickly went viral, only to be revealed as an old photograph from 2017. According to a 2017 CNBC report, the photo was snapped by Steve Sims, founder of luxury concierge service Bluefish, during a corporate event. Little did Sims know at the time that the candid image of the two tech titans would resurface years…