Author: News Desk
A small village in Punjab, India, has become the latest home to a replica of the iconic Statue of Liberty. The unexpected addition to an under-construction house has left the internet in stitches after a video capturing the moment went viral. The footage, shared on X with the caption “Somewhere in Punjab the THIRD liberty statue is installed,” has amassed lakhs of views and sparked a flurry of comments and explanations. For residents of Punjab’s Doaba region and beyond, ornately designed water tanks or sculptures are a familiar sight. These elaborate rooftop decorations often signify that a family member has moved abroad, even if their new life is not particularly glamorous. One…
The UAE’s Federal Tax Authority (FTA) has introduced a comprehensive guide detailing how Corporate Tax regulations apply to businesses in the country’s free zones. This guide is an essential resource for thousands of companies operating within these zones. Key Information for Free Zone Businesses Published this month, the guide offers critical insights for businesses operating in UAE free zones. It clarifies the conditions that companies must meet to qualify for the 0 percent Corporate Tax rate on certain income streams, providing much-needed guidance on navigating the new tax landscape. Definition of Qualifying Free Zone Person (QFZP) Central to the new regulations is the concept of a “Qualifying Free Zone Person” (QFZP). A QFZP is a free zone business that meets specific requirements related to substance, reporting,…
Google has taken a significant step in its India expansion strategy by securing a substantial amount of office space in Bengaluru. This move is part of a broader plan to strengthen its presence in key Indian cities. According to a report by the Economic Times, Google has leased 649,000 square feet of office space in Alembic City, Whitefield, Bengaluru. The lease agreement includes a three-year lock-in period, with a monthly rental rate of Rs 62 per square foot. This translates to a significant monthly rent of over Rs 4 crore (Rs 4,02,38,000). Strategic Relocation of Positions This new office space acquisition follows recent organizational changes within Google. Earlier this month,…
A recent online survey by The Economic Times reveals that the main issue preventing many Indians from fully transitioning to electric vehicles (EVs) is range anxiety. Unlike the widespread availability of petrol stations, charging infrastructure for EVs is significantly limited, even in major metropolitan areas. New Research Brings Fast Charging Closer to Reality Picture a future where a short chai break is sufficient to fully charge your electric car during a road trip. This futuristic scenario is becoming more attainable thanks to pioneering research co-authored by Ankur Gupta, a researcher of Indian descent at the University of Colorado. The Economic…
In the bustling corridors of Naver 1784 Tower, where innovation meets enterprise, a remarkable transformation is underway in the realm of coffee service. At the heart of this revolution stands Rookie, the autonomous service robot, redefining the traditional Starbucks experience with its seamless and efficient service. Naver 1784 Tower: A Nexus of Innovation Nestled in Seongnam, South Korea, Naver 1784 Tower serves as a testament to Naver’s commitment to pioneering technology. As the world’s largest robotics testbed, it symbolizes the convergence of cutting-edge robotics, artificial intelligence, and cloud computing. Rookie: The Barista of Tomorrow At Starbucks within Naver 1784 Tower, patrons are greeted not by human baristas but…
Dubai has declared a significant environmental initiative by announcing a ban on all single-use plastic bags, effective from June 1, 2024. This bold move aims to encourage the use of reusable cloth bags and significantly reduce the city’s plastic waste footprint. In an announcement made via X (formerly Twitter) on Saturday, Dubai Municipality urged residents to “make the switch to reusable cloth bags and be part of the change.” The ban encompasses a wide range of single-use bags, including those made from plastic, paper, biodegradable plant materials, and biodegradable plastics. Specifically, any bag thinner than 57 micrometres falls under this…
The Kolkata Knight Riders (KKR) have clinched their third Indian Premier League (IPL) title by defeating Sunrisers Hyderabad in a thrilling final at the Chepauk Stadium in Chennai. The victory marks KKR’s first championship since their back-to-back wins in 2012 and 2014, both under the leadership of Gautam Gambhir. Gambhir’s arrival at KKR in 2011 was a turning point for the franchise, transforming them from underdogs into a formidable powerhouse. His tenure as captain saw the team rise to new heights, culminating in two IPL titles. However, ahead of the 2018 IPL auction, Gambhir left KKR to join the Delhi…
Uthaya Kumar’s narrative emerges as a proof to the potency of passion, purpose, and fortitude in a landscape where career paths typically follow a straight line. Originating from the scenic coastal enclave of Kanyakumari in Tamil Nadu, Uthaya’s saga epitomizes metamorphosis—from a rocket scientist at ISRO to the architect behind S T Cabs, a taxi service imbued with compassion. Uthaya’s journey began with a dream—to contribute to India’s space exploration endeavours. Armed with a degree in statistics, he joined the prestigious Indian Space Research Organization (ISRO). His expertise in statistics played a crucial role in ensuring the precise density of liquid fuels,…
Adani Solar, the solar PV manufacturing division of the Adani Group, announced on Friday its plans to expand operations in Kerala, recognizing the state’s significant potential in the solar energy market. As part of its expansion strategy, Adani Solar has signed a Memorandum of Understanding (MoU) with Kochi-based Almiya Group, a well-known solar distributor, to serve as its official partner in the state. The company has established a warehouse in Coimbatore to expedite the delivery of solar panels to both Kerala and Tamil Nadu. “We are expanding our business in Kerala. In 2023 alone, we managed to establish solar panels with a capacity of 70 MW in the state. Kerala has immense potential in the solar energy market,…
Maruti Suzuki, known for its cautious approach to new technologies, has made a bold move into the electric vehicle (EV) market with its unveiling of the eVX electric SUV concept at Auto Expo 2023. This marked a significant departure from the company’s traditional stance. Further bolstering its electric ambitions, the parent company Suzuki showcased the eWX concept EV at the Bangkok International Motor Show, followed by a presentation at the Japan Mobility Show. The eWX concept, described as an EV mini-wagon by Suzuki, challenges conventions with its compact design, measuring just 3.4 meters in length. It adheres to Japan’s Kei car restrictions and features…