Author: News Desk
Razorpay establishes an advisory board naming a former RBI Deputy Governor as its chair Razorpay, a leading Indian Fintech company, has recently announced the formation of an Advisory Board and the appointment of H.R. Khan, former Deputy Governor of the Reserve Bank of India (RBI), as its chairperson. The new advisory board will offer strategic advice and expertise to Razorpay’s leadership team to aid the company’s growth and expansion efforts. The move is also a part of Razorpay’s larger goal to become a dominant player in the Indian Fintech sector. Apart from Khan, the advisory board will also include other…
Mukesh and Nita Ambani, two of the wealthiest couples in the world who are well renowned for their extravagant lifestyles, are business tycoons from India. Akash Ambani, the son of Mukesh Ambani, married Shloka Mehta in 2019. The Mumbai event attracted a large number of celebrities. After four years of marriage, people are now debating Shloka’s present to Akash’s mother Nita Ambani. One of the most costly diamond necklaces in the world was given to Nita Ambani’s daughter-in-law. This necklace is valued at $55 million, or nearly 450 crores of rupees. When jewellery influencer Julia Hackman created a video showcasing the diamond’s characteristics, the valued present once again became the talk of the town. This ‘L’Incomparable’ necklace was created by Lebanese jeweller Mouwad. There are 91 diamonds…
The need for a robust “Toyconomy” is being driven by Indian children. Where are the Indian toys, though? India is home to one of the largest populations of children in the world, making it a massive market for toys. However, despite the increasing demand for toys in the country, there is a significant shortage of domestically produced toys. The Indian toy industry faces several challenges that make it difficult to compete with cheaper imported toys. One of the primary challenges faced by Indian toy manufacturers is the lack of government support and investment in research and development, infrastructure, and raw materials. This has resulted…
Foxconn looks to expand Chennai iPhone facility Foxconn, the largest contract electronics manufacturer in the world, is planning to expand its iPhone production facility located in Chennai, India. The move is part of the company’s strategy to diversify its supply chain and reduce its reliance on China. The expansion is expected to help Foxconn meet the growing demand for iPhones in India and other markets, as well as increase its production capacity. The Chennai facility, which currently produces iPhones for the Indian market, will reportedly produce iPhones for export to other countries as well after the expansion. However, the details of the expansion,…
IIT Indore and NASA-Caltech collaborate to develop a low-cost camera setup that captures multispectral imaging of chemical species in a flame. The Indian Institute of Technology (IIT) Indore has created a low-cost camera configuration that can give multispectral imaging of four chemical species in a flame using a single DSLR camera in partnership with NASA-Caltech from the US and Sweden’s University of Gothenburg. While earlier scientific imaging required a complex system with four cameras, it can simultaneously capture multiple spectral three-dimensional images of four chemical species in a flame using just a single DSLR camera, according to Devendra Deshmukh, a professor…
Password crackdown on the way as Netflix users reach record levels Netflix has achieved a new milestone with a record high number of subscribers, which is a testament to the company’s efforts to expand its user base. However, the streaming giant is planning to crack down on password sharing among its users, which has been a longstanding challenge for the company. The crackdown will be implemented in a phased manner, with a combination of technological measures and stricter policies, and is aimed at retaining more paying customers and increasing revenue and profits. While Netflix has been somewhat lenient with password…
Know the fascinating life and achievements of Mukesh Ambani, the billionaire business magnate and CEO of Reliance Industries Reliance Industries, with a $104 billion (sales) market cap with holdings in petrochemicals, oil and gas, telecom, and retail, is chaired and operated by Mukesh Ambani. His net worth is $84.1 billion, ranking him as the 13th richest billionaire in the world according to Forbes. Mukesh Ambani was born in Aden, Yemen, where his father was a petrol station attendant. He graduated from the University of Bombay (now the University of Mumbai) with a bachelor’s in chemical engineering before going on to Stanford University to acquire a…
Chennai Metro introduces the Singara Chennai One City One Card Chennai Metro Rail Limited (CMRL) has launched the “Singara Chennai One City One Card ” initiative, which aims to integrate multiple modes of transport into a single payment system for commuters in Chennai, India. The new card will simplify travel and offer a seamless experience for commuters who use multiple modes of transportation to get around the city. The “Singara Chennai One City One Card” will be a smart card that can be used on the Chennai Metro, suburban trains, buses, and parking facilities. The initiative aims to reduce the need for commuters to…
Flying taxis in Dubai will take off by 2026, with plans for the vertiports already authorised. Foster + Partners collaborated with Skyports Infrastructure to build the Skyports Infrastructure Vertiport terminal for electric flying taxis, which is located near to Dubai International Airport (DXB). Following the unveiling of the terminal during the World Government Summit 2023, Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President, Prime Minister, and Ruler of Dubai, approved the terminal’s concept design. The DXB vertiport is one of four potential locations for an electric vertical take-off and landing (eVTOL) infrastructure network being considered by Skyports Infrastructure and the emirate’s Roads and Transport Authority (RTA). “We…
Gold-Flaked and Cheese-licious ; Inside the quintessential grilled cheese sandwich that boasts an extravagant price tag, and the unique ingredients that make it a luxurious dining experience! A restaurant in New York sells grilled cheese sandwiches for – hold your breath – $214 per piece, the most expensive for a sandwich according to Guinness World Records. One of the sandwich’s primary components appears to be gold flakes. In addition, the cheese used in the sandwich costs close to $100 per kilogram. Customers are usually required to place an order for it 48 hours in advance. CNBC Make It noted that the restaurant utilized rare caciocavallo podolico cheese in its…