Author: News Desk

These are the top 10 richest women in India as per the Kotak-Hurun list Roshni Nadar Malhotra, Chairperson of HCL Technologies; Wealth: Rs 84,330 crFalguni Nayar, founder and CEO, Nykaa; Wealth: Rs 57,520 crKiran Mazumdar Shaw, founder, Biocon; Wealth: Rs 29,030 crNilima Motaparti, director, Divi’s Laboratories; Wealth: Rs 28,180 crRadha Vembu, co-founder, Zoho; Wealth: Rs 26,260 crLeena Gandhi Tewari, chairperson, USV; Wealth: Rs 24,280 crAnu Aga and Meher Pudumjee, director, Thermax; Wealth: Rs 14,530 crNeha Narkhede, co-founder, CTO and CPO, Confluent; Wealth: Rs 13,380 crVandana Lal, director, Dr Lal PathLabs; Wealth: Rs 6,810 crRenu Munjal, MD, Hero Fincorp; Wealth: Rs…

India’s first global gold exchange comes to Gujarat. Prime Minister Narendra Modi inaugurated the India International Bullion Exchange (IIBX). This is based at the Gujarat International Finance Tec-City (GIFTEC).  What is IIBX? Here is what you need to know.  Bullion is physical gold or silver of high purity which is often kept in the form of bars or coins. It is mostly held as reserves by central banks or institutional investors.  The bullion exchange will be operated by the India International Bullion Holding IFSC (International Financial Services Centre) Limited (IIBH), a joint collaboration involving the Central Depository Services Limited, National…

Volvo Car India launches its first electric SUV in India. Volvo XC40 Recharge electric SUV has priced at Rs 55.90 lakh (ex-showroom). It is assembled at Volvo’s Hosakote plant near Bengaluru. It is the first luxury EV to be assembled in India. XC40 will be available with a twin motor powertrain. It will have a 78kWH battery pack that supports 150kW fast charging. 10 to 80 per cent can be charged in just 33 minutes. Its central infotainment system is now Android-based Panoramic sunroof, wireless phone charging, and autonomous driving are a few other features.

HCL Technologies Chairperson, Roshni Nadar Malhotra has topped the list of richest women in India. Roshni Nadar retained her position as the richest woman for the second consecutive year with a net worth of Rs 83,330 crore. 54% Increase in Roshni Malhotra’s Net Worth in 2021. Nykaa’s Falguni Nayar beat Biocon promoter Kiran Mazumdar Shaw to the second position. Falguni became India’s richest self-made woman with assets worth Rs 57,520 crore. Kiran Mazumdar saw a 21 per cent decline in wealth, becoming the country’s third richest woman with a fortune of Rs 29,030 crore. According to the report, 25 new…

Maharashtra state administration has begun issuing blockchain “caste certificates” . It is to up to 65,000 tribal members in a remote area of Maharashtra. It aims to stop fraudulent claims on government benefits for the tribal population. The certificates are powered by blockchain through a paper representation with a verifiable QR code. It is done by a three-man government team through a private blockchain-platform Legit Doc. Shubham Gupta IAS came up with this idea.

Bypassing rockets has demonstrated how a satellite can be launched through a drone. Bypassing rockets is a Bengaluru-based aerospace startup. Lakshya Space, recently conducted and showcased the drone launch of a satellite, VAYU-A Sat1. It was one of the country’s first such efforts on a small scale. The drone launch method could also find applications in futuristic communication technology. Lakshya Space used drones to launch satellites to a lower altitude and study the atmosphere and landscape more clearly and with better accuracy.

Top Indian IT companies Tata Consultancy Services (TCS), Infosys, HCL Technologies, and Wipro are adopting the pyramid restructuring model to cut costs. This, according to the firms, will help their margins grow. High talent retention costs like retention bonuses, out-of-cycle wage revisions, and salary hikes have been impacting their margins. Moreover, the $227 billion industry is bracing for an economic slowdown as analysts predict a global recession. What is the pyramid restructuring model? This model comprises a larger number of employees with less experience and fewer employees with more experience. This will eventually lead to a reduced wage bill. It…

Hero MotoCorp has launched a new variant of its 125cc bike Splendor. The price range starts at Rs 77,430 (ex-showroom). The Super Splendor Canvas Black Edition comes in two trims. It is priced at Rs 77,430 and Rs 81,330 respectively. The bike comes with fuel mileage of 60-68 kmpl.

With the revision of the list of countries, Where Indian passport holders can visit without a prior visa. Thailand, Mauritius, Iran, Oman, British Virgin Islands and Maldives have all become visa-free countries. The Indian passport is ranked 87 in the world Says the latest rankings by Henley Passport Index. Few of the selected countries. According to the reviewed list indians can visit Bhutan, Indonesia,Maldives ,Nepal,Srilanka, Thailand in Asia El Salvador in America Madagascar, Mauritius, Senegal, Tanzania ,Uganda and Zimbabwe in Africa British Virgin Islands, Dominica, Jamaica, Trinidad and Tobago in Caribbean Albania and Serbia in Europe Iran, Jordan, Oman and…

As the fintech and e-commerce companies are prepping for the festive season, the e-commerce sector is hiring gig workers on a large scale. In June, the industry offered 5 lakh gig tasks, says Taskmo Gig Index (TGI). As per TGI’s statistics, the demand for gig workers rose up by 11 per cent as companies like Epay, Amazon Pay, and Flipkart posted the highest number of job vacancies to meet the demands of the upcoming ‘Great Indian Sales’ and ‘Prime Day Sales.’ Hirings for jobs such as last-mile delivery executives went up by 12 per cent whereas the positions for telecallers…