Author: News Desk
The year 2022 saw record business acquisitions and mergers. Sectors such as banking, cement, and airline witnessed some of the greatest deals of the year. If the value of merging and acquisition deals in 2021 was 107 billion dollars, it elevated to 152 billion dollars in 2022. The year saw some record deals after 2018. Let us have a look at some of the milestones. Elon Musk bought Twitter:Musk’s purchase of Twitter for 44 billion dollars was the most dramatic of all. Musk, who was the world’s number one billionaire in early 2022, acquired the micro-blogging platform Twitter after a…
The year 2022 was a learning curve for the startup sector. The startup ecosystem kicked off the journey at a good pace by elevating 14 startups to unicorn status within the first three months. However, annual startup funding reports say that the funding declined by 40 per cent in 2022 compared to the previous year. The funding winter has adversely affected the emergence of unicorns. According to data intelligence platform Venture Intelligence, if 2021 gave birth to 44 unicorns, in 2022, it was just 21. While the seed-stage startups caught the attention of investors, growth, and late-stage startups fell behind.…
Dubai airport opens a 24×7 gaming lounge for passengers. The Game Space at Terminal 3 offers an array of packages to travellers.One can opt for 30 minutes of playtime to unlimited hours per day. There are 13 play stations with more than 40 video titles. Some of the titles include Fortnite, League of Legends, Gran Turismo 7, and Crash Bandicoot.The lounge has received celebrity guests like Italian player Daniel Madonia. The space has both solo and multiplayer gaming consoles. The family-friendly area has games that children can play.
The iQOO 11 is scheduled for January 11 in India. It is the fastest Android phone in the world and offers 5G connectivity. The AnTuTu benchmark gave this smartphone the highest rating. This smartphone will use a Qualcomm Snapdragon 8 Gen 2 chipset. This will be the first smartphone with this processor to be sold in India. This future smartphone will have the country’s first 2K E6 display. There will be a 144Hz refresh rate on this smartphone.
In a Twitter conversation, Zoho CEO Sirdhar Vembu outlined how India can create globally competitive businesses like Apple, Google, Pfizer, Samsung, Honda, Boeing, Siemens, TSMC, or Huawei. He asked, “Why are these firms so crucial to their host countries? ” in a Tweet. Is India on the right track to creating these businesses? I’ll delve into these inquiries.” He wrote, “These enterprises are tremendously vital to their host nations because they encapsulate within themselves the cutting-edge know-how and R & D skills necessary for modern living and nationhood,” in response to the question, “Why are these companies so important to…
As Covid-19 regulations are once again being tightened, UAE citizens travelling to India have been issued fresh instructions.New rules controlling passengers on flights from the UAE to India have been released by Air India Express.The recommendations include topics including immunisations and mask use for visitors from the UAE. According to an Air India Express social media post: All visitors should ideally be completely immunised in accordance with their country’s primary immunisation schedule that has been approved against Covid-19. On flights and during travel, all visitors should preferably wear masks and adhere to physical segregation. All visitors should keep track of…
Following their “roka” (engagement) ceremony in Rajasthan on Thursday, Anant Ambani and Radhika Merchant’s love journey officially began. The youngest Ambani’s marriage to the Merchants’ daughter is currently set for the first quarter of 2023.The Shrinathji Temple in Nath Dwara, Rajasthan, hosted the engagement ceremony for Anant, the son of Mukesh and Nita Ambani. The ceremony, which was officiated by temple priests, was attended by a select group of close friends and relatives.
In the wake of the massive rollout of the 5G network, the telecom department has directed operators to work on call drops and other service quality-related issues and deliberated policy interventions to improve call quality. Telecom service providers such as Bharti Airtel, Reliance Jio, and Vodafone Idea attended the meeting held by DoT recently. The meeting also discussed the issue of interference from illegal boosters and Right of Way (RoW) challenges. The operators made a detailed presentation to the Department of Telecom on current levels of service quality against stipulated benchmarks. The telecom department is taking a long-term view of service quality-related matters. It has asked players…
The Class 10 and Class 12 board exam timetables for the academic year 2022–2023 have been released by the Central Board of Secondary Education (CBSE). While the Class 12 board exams will take place from February 15 to April 5, the CBSE Class 10 board exams will take place from February 15 and March 21, 2023. The Painting, Rai, Gurung, Tamang, Sherpa, and Thai papers will be examined first in the CBSE Class 10 board exam, and the Mathematics Standard and Mathematics Basic papers will be examined last. Most of the exam papers will be administered between 10:30 am and…
Sheela Foam, one of the biggest mattress manufacturers in India, would shortly purchase Kurl-on for $241 million.Under the name Sleepwell, mattresses are sold by Sheela Foam in Ghaziabad. According to an ICICIdirect analysis, it controls a market share of around 25% of the Rs 17,000 crore organised mattress category. According to media sources, the combined company will hold a market share of 35–40% in India’s organised mattress sector.The brokerage further stated that between 2021–2022 (FY22) and 2025–2026, the mattress industry is anticipated to increase at a compound annual growth rate of 12%. Sudhakar Pai, chairman and managing director of Kurl-on,…