Author: News Desk
A breakthrough in cancer treatment has emerged as researchers from MIT and Dana-Farber Cancer Institute unveiled an innovative approach to identifying the origins of enigmatic cancers. Utilizing machine learning, this pioneering computational model analyzes genetic sequences from around 400 genes to predict the origin of tumors. The study’s findings open doors for personalized treatments, marking a significant advancement in the field of oncology. Unraveling the Challenge of Unknown Cancer Origins For a subset of cancer patients, typically 3 to 5 percent, pinpointing the origin of their cancer remains elusive. This challenge complicates treatment selection, as many cancer drugs are tailored…
Lulu Group International’s entity, Line Investments and Property, has joined forces with Star Cinemas for an innovative partnership that aims to introduce 22 new cinema screens to Abu Dhabi and Al Ain. This collaboration, set to launch in September 2023, promises to revitalize the cinematic experience across the region and expand Star Cinemas’ current count of 76 screens. Enhancing Cinematic Experience With the goal of redefining movie-watching, this joint venture seeks to create immersive and captivating experiences for cinema-goers. The strategic placement of screens across four prominent malls in the region is expected to set new entertainment standards. Among the…
The Covid-19 pandemic has catalyzed profound shifts in both domestic and global economies, generating ripple effects that are now transforming India’s corporate profit hierarchy. For over a decade, Reliance Industries (RIL) had maintained its stronghold atop India Inc’s profit chart. However, the latest financial quarter of 2023-24 witnessed an unprecedented development: the State Bank of India (SBI) surged ahead, toppling RIL from its long-standing position. SBI Overtakes RIL in Q1FY24 Profits During the first quarter of the fiscal year 2023-24 (Q1FY24), SBI, the largest lender in India, reported a consolidated net profit of Rs 18,537 crore. This remarkable figure surpassed…
Pepperfry, the popular online furniture store, has been left in shock and mourning with the untimely demise of its co-founder, Ambareesh Murty. The 51-year-old entrepreneur passed away due to a sudden cardiac arrest in Leh. The news was conveyed by another co-founder of the venture, Ashish Shah, in a heart-wrenching tweet. Shah’s tweet read, “Extremely devastated to inform that my friend, mentor, brother, soulmate @AmbareeshMurty is no more. Lost him yesterday night to a cardiac arrest at Leh. Please pray for him and for strength to his family and near ones.” A Multi-Faceted Entrepreneur Murty, an angel investor with a…
E-commerce platform Meesho has marked a significant milestone by achieving profitability in July, a feat attributed to increased order volumes, revenue growth, and strategic cost-cutting measures. This achievement positions Meesho as the first horizontal e-commerce platform in India to achieve profitability, signaling a paradigm shift in the competitive landscape. A Profitable Turnaround With an upsurge in order volumes and revenue, Meesho attained consolidated profitability after tax (PAT) in July. The Bengaluru-based company’s accomplishment is rooted in its commitment to sustainable growth and democratizing e-commerce access, according to Vidit Aatrey, Meesho’s CEO and founder. Rapid Growth and Revenue Surge Over the…
Car-free city areas are emerging worldwide, presenting a transformative vision for urban life. These futuristic landscapes prioritize greenways, pedestrian walkways, and efficient public transport over traditional traffic-oriented roads. The shift towards car-free cities holds immense potential to positively impact the environment, public health, and overall quality of life. Breaking Free from Car Dominance: A Global Movement Around the world, residents are embracing the idea of reducing car usage in cities. A survey for the Clean Cities Campaign in major European cities found that 62% of respondents supported car-free days to reduce oil dependency. This growing movement is set to revolutionize…
Sashidhar Jagdishan, the Managing Director and Chief Executive of HDFC Bank, has claimed the top spot as the highest-paid bank CEO in fiscal year 2023, according to the PTI report. His remuneration saw a significant surge of more than 62% during the fiscal year, reaching ₹10.55 crore. Kaizad Bharucha Follows Closely as Second-Highest Grossing Banker Jagdishan’s colleague, Kaizad Bharucha, the Deputy Managing Director of HDFC Bank, is likely to be the second-highest grossing banker in the country, drawing ₹10.03 crore for the fiscal year. HDFC Bank is India’s largest private sector bank by assets and the fourth-largest bank by market…
It’s important to follow your passions in life. No MNC job or size of paycheck could be compared to the satisfaction you get from following your passion. Meet Nihas Salahudeen, a man who, through pure willpower and dedication, transformed his hobby into a lucrative job. Young people who are hesitant to follow their passions can get motivation from Nihas. Visualise a galaxy and a night sky with purple colours and sparkling stars painted on a helmet. What if the celestial beauty is combined with an unconnected design? Nihas Salahudeen, a native of Thiruvananthapuram, is engaged in producing such a dreamlike experience…
Nothing CEO, Carl Pei, recently unveiled CMF by Nothing, a new sub-brand with a focus on providing affordable yet timeless designs for a wider consumer base. This move allows Nothing to concentrate on innovation and premium products with the latest technology. Let’s explore this exciting development. CMF by Nothing: A Sub-brand for Accessible Design In a community video announcement, Carl Pei introduced CMF by Nothing, a sub-brand aimed at offering consumers a range of products with great designs at affordable prices. The new sub-brand will debut with smartwatches and earbuds, set to hit the market later this year. Pei emphasized…
Chandrayaan-3, India’s ambitious lunar mission, has reached a crucial milestone as it enters lunar orbit, marking a significant step forward in the nation’s space exploration journey. On Saturday, ISRO received the first image of the moon, captured by the Chandrayaan spacecraft. Following a successful Lunar Orbit Insertion, Chandrayaan-3 commenced its lunar orbit on its journey to explore the Moon. The Journey So Far After 17 days of orbiting the Earth, Chandrayaan-3 embarked on its interplanetary journey, reaching the Moon’s orbit on August 1. Covering two-thirds of the distance from Earth to the Moon, the probe began its lunar phase, initiating…