Author: News Desk
Tata Group is investing ₹500 crore in Mumbai’s Breach Candy Hospital to upgrade infrastructure and technology. This move expands Tata’s influence in the healthcare sector, securing three seats on the hospital’s 14-member board of trustees. Strategic Leadership Move N Chandrasekaran will take over as Chairman of the Breach Candy Hospital Trust from Deepak Parekh in October 2025. The hospital may also incorporate the Tata brand while retaining its original name. Deep-Rooted Connection Breach Candy Hospital has long been associated with Tata, a connection highly valued by Ratan Tata. Tata Trusts have contributed significantly to its medical facilities and equipment over…
A team from IIT Madras is making significant strides in research and technology to support human life beyond Earth. The Extraterrestrial Manufacturing (ExTeM) team is focused on solving challenges related to space colonization. Innovative Construction Materials To tackle Mars’ harsh environment, the team has developed a unique concrete that does not require water, a scarce resource on the planet. Instead, they use a sulphur-based compound, abundant on Mars, to create Earth-standard construction material. Research in Microgravity IIT Madras has built the world’s fourth-largest Microgravity Drop Tower, allowing scientists to study material properties in zero gravity. This research includes developing metal…
The Invest Kerala Global Summit has secured investment commitments worth ₹1,52,905.67 crore from 374 companies across India and abroad. Of these, 66 companies will invest over ₹500 crore each, while 24 IT firms have shown interest in expanding operations in the state. This is expected to generate ₹8,500 crore in investments and create 60,000 jobs. Sharaf Group to Invest ₹5,000 Crore Dubai-based logistics and shipping giant Sharaf Group will invest ₹5,000 crore in Kerala. The company has already submitted a letter of intent to the government and plans to implement its investment projects in two locations within the state. Tata-Backed Shipbuilding Project in Kochi…
Joy Alukkas, Chairman and Managing Director of Joy Alukkas Group, is venturing into the healthcare sector with a new hospital near Thrissur Medical College, Kerala. This marks a significant diversification for the Joyalukkas Group, which has built its reputation in jewellery and real estate. Kerala’s Changing Investment ClimateSpeaking exclusively in an interview with Nisha Krishnan from Channeliam at the Invest Kerala Global Investor Summit in Kochi, Joy Alukkas highlighted the remarkable transformation in Kerala’s business environment. He noted that the state now offers a more stable and welcoming climate for investors, with fewer obstacles such as strikes and shutdowns. He…
Private investments are the key to Kerala’s economic growth, says Kalyan Silks Chairman T. S. Pattabhiraman. Speaking at the Invest Kerala summit, he shared his views with Channeliam.com founder Nisha Krishnan on the state’s evolving business landscape. The Need for Change in Kerala’s Business Environment Pattabhiraman emphasized that while government initiatives and support are essential, private investments are what truly sustain businesses. He highlighted that Kerala’s future growth depends on self-sufficiency, making private participation crucial for long-term economic stability. Favorable Business Climate in Kerala Kerala has undergone a significant transformation in its business environment. The state has not witnessed major…
The Kerala government has set a strict timeline for processing business proposals from the Invest Kerala Global Summit (IKGS 2025). Industries Minister P Rajeeve announced that all Expressions of Interest (EoIs) would be evaluated within two weeks. A review committee, led by the Chief Secretary, will oversee project approvals with coordination from relevant departments. KSIDC will handle large-scale projects over ₹50 crore, while the Industries Directorate will manage MSME proposals under ₹50 crore. IT-related projects will be taken up by the IT department. A dedicated KSIDC team will categorize similar proposals into seven sectors, each monitored by a team of…
Located in Prayagraj (formerly Allahabad), Uttar Pradesh, Anand Bhavan is an iconic site of historical and political significance. Once the ancestral home of the Nehru-Gandhi family, it holds a special place in the hearts of many as a symbol of India’s struggle for independence. A Glimpse into Anand Bhavan’s History Anand Bhavan is a testament to the pivotal role played by its residents in India’s independence movement. Built by Motilal Nehru, a leading figure in the freedom struggle, the house became a place for many significant political discussions and strategies. Notably, it served as a gathering point for key figures…
Jasprit Bumrah is among the highest-paid cricketers in India. He is in the A+ category of the BCCI central contract, earning ₹7 crore annually. Apart from this, he receives ₹15 lakh per Test match, ₹7 lakh per ODI, and ₹3 lakh per T20I. IPL and Brand Endorsements Bumrah’s earnings are further boosted by his IPL contract and brand endorsements. He plays a key role for Mumbai Indians in the IPL, earning a significant salary. Additionally, he endorses several top brands, adding to his wealth. Luxurious Properties Bumrah owns lavish homes in Mumbai and Ahmedabad. His Mumbai property is valued at ₹2 crore, while…
Adani Vizhinjam International Port is set to play a crucial role in India’s maritime exports, transshipment, and industrial growth. It is India’s only deepwater container port, with a natural depth of 24 meters and located just 10 nautical miles from international shipping routes. Vizhinjam is opening up new opportunities by reducing India’s reliance on ports like Colombo, Dubai, and Singapore, making exports and imports more efficient. A Game Changer for Logistics Singapore’s rise as a global trade hub was driven by its transshipment industry. Vizhinjam isfollowing the same path. To strengthen its position, India needs world-class port infrastructure. With Adani…
Abhishek Sharma, born on September 4, 2000, in Amritsar, Punjab, is an Indian cricketer who gained early recognition after his outstanding century on his Under-19 debut in the Vinoo Mankad Trophy. He also played a significant role in India’s victory at the U-19 Asia Cup in 2016. In the 2025 Indian Premier League (IPL), Sharma was retained by Sunrisers Hyderabad (SRH) for Rs 14 crore, highlighting his growing prominence in the cricketing world. His estimated net worth is approximately Rs 12 crore, or around $1.5 million, primarily accumulated through his IPL contracts and domestic cricket performances. Sharma comes from a…