Author: News Desk

The drone that people can travel on becomes a reality. A Pune-based startup has developed the country’s first passenger drone. The Sagar Defense Engineering Company has manufactured the Varuna passenger drone for the Navy. The passenger drone can carry a payload of 130 kg including a passenger. A varuna can fly a distance of 25 km in 25-33 minutes with a weight of 130 kg. The drone is capable of landing safely even if there is a technical failure in the sky. In case of emergency, the parachute will automatically open and help the passenger to land safely. Babbar, the…

Recently, Malaysia announced procuring 18 Tejas fighter jets. US, Argentia, Australia, Egypt, Indonesia, and the Philippines have also shown interest. Tejas can carry up to nine tonnes and can fly Mach 1.6 to 1.8 at an altitude of 52,000 ft. This multi-functional fighter aircraft has better fighter power. It has an active electronically-scanned radar for critical operation. It can refuel in the air and is capable of targeting enemy aircraft from a distance. It can also dodge the enemy’s radar. Tejas was inducted into the Indian Air Force unit in 2016. Hindustan Aeronautics Limited (HAL) is entrusted to manufacture Tejas…

Thiruvananthapuram native Athira Preetha Rani is on cloud nine. She has been selected by NASA for their astronaut training programme. The programme is run by NASA, the Canadian Space Agency, and the National Research Council of Canada The training group consists of 12 trainees. The training will last for three to five years. Once completed, she would be the first Keralite to fly to the space. She would also be the third Indian woman after Kalpana Chawla and Sunita Williams. Athira has always been keen on space and astronauts Classes of ‘Astra’ encouraged her to study space. ‘Astra’ is a…

Akasa Air is all set for take off on 7 August from Chhatrapati Shivaji Maharaj International Airport in Mumbai. It’s first service is for Mumbai-Ahmedabad route. The airline will start services on the Bengaluru-Kochi route from August 13 And Bengaluru-Mumbai route from August 19. Union Minister for Civil Aviation Jyotiraditya M Scindia along with MoS General Vijay Kumar Singh (Retd.) will inaugurate Akasa Air’s Mumbai-Ahmedabad flight. The Mumbai-Ahmedabad flights will operate 26 times a week. The Bengaluru-Kochi and Bengaluru-Mumbai flights will operate 28 times per week.

Reliance Brands brings yet another global label to India. This time, it has partnered with the luxury brand Balenciaga. RBL signed a strategic deal with the brand. RBL will be Balenciaga’s sole India partner. Balenciaga was founded by Spanish designer Cristóbal Balenciaga in 1917. French luxury group Kering acquired it later. Balenciaga has a range of ready-to-wear clothing, accessories, and footwear RBL earlier inked a deal with Maison de Couture, and Gap Inc..

Pawan Munjal invests in Exponent Energy. Exponent Energy is an Electric Vehicle (EV) charging infrastructure startup. Pawan Munjal is the chairman of Hero Motocorp. Exponent Energy will set up 100 EV charging stations in Bengaluru. It will also increase its EV battery pack production capabilities. Moreover, Exponent will expand its footprint to other cities. The startup has plans to produce an electric three-wheeler. For that, Exponent will partner with EV manufacturer Altigreen Propulsion.

Emirates is growing as a startup hub. Dubai SME is pivotal in achieving that. The initiative started two decades ago. Since then, it attracted innovative business ideas. The initiative supported the launch of over 11,000 startups. It advised 45,000 entrepreneurs. Now, Dubai’s SME community constitutes 99.2 per cent of Emirates’ total companies. It comprises 50.5 percent of Emirates’ workforce. Emirates is keen to be a global startup hub.

The Ministry of Electronics and IT (Meity) will now conduct compliance audits of social media companies every quarter.To tighten the noose on social media platforms, the government has proposed to set up an appellate panel which will have power to overrule decisions taken by social media companies with respect to any grievance. The public consultation process with respect to the proposed rule has been wrapped up by the IT ministry. 

Smartphone users spend four to five hours per day browsing apps in a day. There are now 13 markets where users spend more than four hours per day using apps.These include Indonesia, Singapore, Brazil, Mexico, Australia, India, Japan, South Korea, Canada, Russia, Turkey, the US and the UK. Facebook is number 1 by monthly active users, ahead of WhatsApp, Instagram, Messenger, TikTok, Telegram, Amazon, Twitter, Spotify and Netflix.

https://youtu.be/G7tZNlfknVsWhat is the greatest measure of success? Most would answer that it is money. However, one of the world’s richest men Warren Buffett has a different opinion. According to him, it is love, not money that measures one’s success. Warren Buffett, who has an estimated net worth of over $116 billion, says it is not your bank balance that determines your success. According to the book “The Snowball: Warren Buffett and the Business of Life” by Alice Schroeder, he shared this profound thought during an interaction with students held at the University of Georgia in 2001. At the interaction, students asked him…