Author: News Desk
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…
By the end of the current fiscal year, Ajanta Shoes, a 66-year-old footwear firm with headquarters in Kolkata, expects to boost its turnover by close to 32% to $500 billion from 380 billion in FY-22. ImpaktoThe company, which debuted its AI-inspired smart sneakers under the Impakto brand, anticipates strong demand from both domestic and international markets. Sagnik Banik, the managing director of Ajanta Shoes, claims that Impakto predominantly produces athletic and athleisure footwear, with that market contributing about 13% of the company’s overall revenue in the previous fiscal year. It anticipates that as the market for sports and athleisure expands,…
The United Arab Emirates (UAE) has revised the minimum age requirement to run a business. As per the amended law, the new age limit is 18 years. Earlier, the age limit was set at 21. The amendment, which is aligned with international regulations, will give more opportunities to youngsters. Guidelines related to the amendments were published in October 2022. It has now become a law. Earlier, those who were aged between 18 and 21 were supposed to register the business under a legal guardian as a ‘temporary owner.’ Shares could be transferred once the individual reached the legal age. This procedure is not needed now. According to industry experts, this would give…
After unveiling the next-generation Hector SUV, the British car manufacturer MG Motor India on Thursday launched MG Euniq 7 at the Auto Expo 2023. MG Euniq 7 is a new energy vehicle (NEV) with third-generation hydrogen fuel cell technology. The multi-purpose vehicle with Prome P390 fuel cell system is claimed to have a range of up to 650 km. According to Rajeev Chaba, President and Managing Director, MG Motor India, Prome P390 is the world’s leading hydrogen fuel-cell technology. “It is a delight to introduce the technology in India,” he said. He further said that fuel cell vehicles using hydrogen have significant advantages such as being pollution-free, high efficiency, high load, fast refuelling, and long battery life. The Prome P390 system promises excellent performance…
Zippers are one of the most important parts of a garment. If the zipper goes wrong, the garment becomes useless. Do you know who makes the world’s majority of zippers? It is the Japanese behemoth YKK. It makes roughly half of all the zippers on earth, which is more than 7 billion zippers every year. What makes YKK the industry giant? First of all, the quality of the zippers for a fair price. This B2B platform makes high-quality zippers, ships them on time and offers a variety of shades, materials, and styles. The apparel industry feels that nothing can go…
The National Payments Corporation of India (NPCI) has allowed UPI platforms to onboard non-resident account holders from ten countries with certain conditions. With this, non-resident Indians (NRIs) can make use of the UPI facility with their international numbers. So far, they required an Indian number to use the third-party apps. NRIs residing in countries Singapore, Australia, Canada, Hong Kong, Oman, Qatar, USA, Saudi Arabia, United Arab Emirates, and the United Kingdom can utilise this option. As per the NPCI circular, those with NRE or NRO accounts can register and transact on UPI with their international numbers if they meet certain…
The Odisha-based startup IG Drones has developed a 5G-enabled drone that is ideal for defence and medical applications. The drone named ‘Skyhawk’ is India’s first 5G-enabled drone. It can do vertical take-off and landing (VTOL) and carry a 10 kg payload with an endurance of about five hours. Since it does VTOL, the drone can be operated from any terrain and requires no conventional runway. The 5G would let the drone be controlled with more precision directly from the command centre. In the defence sector, the drone’s artificial intelligence and thermal imaging capacities can be used to monitor border intrusion.…
Wonderla intends to make investments in Madhya Pradesh as well. There would be a 150 crore rupee investment. To start the new project, the government has donated 50 acres of land. The conversation took place in Madhya Pradesh at the Invest Madhya Pradesh Global Investors Summit. Shiv Raj Singh Chouhan, the chief minister of Madhya Pradesh, and his team had a discussion about the project with the managing director, Arun Chittilappilly. The largest chain of amusement parks in the country is Wonderla. Wonderla also operates theme parks in Hyderabad and Bengaluru in addition to Kerala. Bengaluru has a resort with…
In the United States, the Airline Industry has resumed services after a Federal Aviation Administration (FAA) system outage caused thousands of flight delays and cancellations. On Wednesday, the FAA briefly stopped all domestic flight departures across the US as the Notice to Air Missions (NOTAM) system that provides pilots with pre-flight safety notices went off. The system sends alerts to pilots to make them aware of conditions that could affect the safety of their flights. The system was restored later. Following the outage, major US carriers such as United Airlines, Delta, and American Airlines grounded flights. United and Delta have…
To protect the environment, the UAE will ban single-use plastic shopping bags from January 2024. From January 2026, the UAE will ban plastic products such as cutlery, cups and lids, plates, and pipettes. Styrofoam containers used for takeaway food packaging will also be banned from 2026. In January 2023, Ajman and Umm Al Quwain issued a single-use plastic bag ban. This has inspired the current UAE-wide single-use plastic ban. Once enforced, all bags must be biodegradable. They must be made of either paper or woven cloth.