Author: News Desk

Elon Musk, the visionary entrepreneur behind SpaceX and Tesla Inc., is set to engage with Indian space companies during his upcoming visit to the South Asian country. Scheduled for next week, Musk’s visit offers a glimpse into his agenda, with reports indicating a stay of around 48 hours in India. Startups such as Skyroot Aerospace, Agnikul Cosmos, Bellatrix Aerospace, and Dhruva Space have confirmed receiving invitations from the government for a meeting with Musk in New Delhi on April 22. This meeting signals a significant opportunity for collaboration and exchange of ideas between Musk’s enterprises and India’s burgeoning space sector.…

The Election Commission has issued a directive to its observers ahead of the first phase of Lok Sabha polls, emphasising the importance of curbing fake news and misinformation. ChannelIAM Fact Check underscores the significance of this move, ensuring that voters receive accurate information, thus steering a “positive narrative” throughout the electoral process. In a recent meeting, the Election Commission instructed its 127 general, 67 police, and 167 expenditure observers to remain vigilant round the clock, actively working to prevent the movement and distribution of illicit items such as cash, liquor, freebies, and narcotics in poll-bound constituencies. A total of 102…

Ravi Kumar Singisetti, the Chief Executive Officer (CEO) of Cognizant, received a staggering compensation of $22.56 million (approximately Rs 186 crore) last year, according to recent media reports. This significant sum was primarily attributed to a one-time stock reward, making Singisetti the highest-paid Indian executive within the Indian information technology (IT) sector. At 52 years old, Singisetti assumed the leadership role at Cognizant in January 2023. According to a filing by the company dated April 12, he received shares valued at $20.25 million (nearly Rs 169.1 crore) last year. The filing also detailed Singisetti’s performance stock units (PSUs) and restricted…

In a recent development, the Indian government has postponed the approval of Paytm’s Rs 50 crore ($6 million) investment in its Payment Services arm, citing concerns over Chinese shareholding in the parent company. Here’s a breakdown of the key points: Investment Deferment Media reports and Reuters indicate that the government has deferred the approval of Paytm’s investment due to concerns about Chinese ownership in the parent company.A government panel, comprising representatives from various ministries, is tasked with approving such investments, with particular scrutiny on those involving Chinese stakeholders, given the 9.88% stake held by China-based Antfin (Netherlands) Holdings in Paytm.…

India has initiated the development of a domestically manufactured bullet train capable of surpassing speeds of 250 kilometres per hour (kmph), as revealed by a senior government official to The Economic Times. This ambitious project, built upon the Vande Bharat platform and engineered to achieve speeds up to 220 kmph, is poised to outpace the velocity of any existing Indian Railways trains. Design and Development The Integral Coach Factory (ICF) in Chennai has undertaken the design process, leveraging indigenous technology and manufacturing prowess to craft this high-speed marvel. Integrating cutting-edge domestic technology, the project aims to revolutionise rail travel in…

Indian cricket legend Mahendra Singh Dhoni has made a strategic investment in EMotorad, an electric cycles manufacturer, although the exact amount remains undisclosed, according to an ET report. Alongside his investment, Dhoni will also become the brand’s endorser, according to Kunal Gupta, EMotorad’s founder and CEO. This marks Dhoni’s latest venture into startups, joining a portfolio that includes Bengaluru-based fitness startup Tagda Raho, digital lending platform Khatabook, and Gurugram-based used car retailer Cars24. Expressing his enthusiasm, Dhoni stated, “The future is in our hands. We are in an era where innovation plays a huge role in shaping sustainable solutions, and…

Instagram reels portraying the dangers of consuming unwashed grapes have been circulating widely, raising concerns about pesticide contamination and urging thorough cleaning before consumption. These videos caution against the potential health risks, particularly for children, associated with pesticide-laden grapes. Expert Insights: Dr. Rahul Adsul, a prominent child specialist, voiced concerns over the seasonal surge in throat infections linked to strawberry and grape consumption. While emphasising the need for thorough cleaning, he provided steps to mitigate pesticide exposure. Dr. Meenakshi Jain, director of internal medicine at Max Super Speciality Hospital, Patparganj, underscored the health hazards posed by pesticide residues on grapes.…

Zomato CEO Deepinder Goyal announced the launch of India’s pioneering large order fleet, setting a new standard in food delivery services. Tailored specifically to handle group, party, and event orders, this innovative fleet promises to revolutionize the customer experience, offering unparalleled convenience and satisfaction. Goyal highlighted the challenges faced by customers with previous delivery options for large orders, emphasizing the comprehensive solutions provided by the new fleet. With the capacity to serve gatherings of up to 50 people, the all-electric fleet represents a significant step towards sustainability and efficiency in food delivery services. Previously, large orders were managed by multiple…

As the New York trial of former US President Donald Trump unfolds, the spotlight shines on a pivotal figure in the saga: Stormy Daniels. Known for her prominence in the adult entertainment industry and her allegations of an affair with Trump, Daniels, whose real name is Stephanie Clifford, emerges as a central character in this high-profile legal drama. Who is Stormy Daniels? For over two decades, Stormy Daniels has captivated audiences as a celebrated figure in the adult entertainment business.Born Stephanie Clifford, the 45-year-old hails from Baton Rouge, Louisiana, where she endured a challenging upbringing marked by neglect and early…

Nikhil Kamath, the co-founder of Zerodha, has launched WTFund, a pioneering non-dilutive grant fund targeting young entrepreneurs aged 25 and under. The fund aims to empower individuals with innovative ideas and ambitious visions to revolutionize their respective industries. WTFund offers a comprehensive package, including a non-dilutive grant of ₹20 lakh, allowing founders to maintain full equity in their ventures. Alongside financial support, the fund provides access to operator-first mentorship pods, a vibrant community within the WTF ecosystem, a Go-To-Market (GTM) studio, beta testing, and feedback opportunities. Moreover, it facilitates talent acquisition through an internship program, a fractional CXO database, and…