Author: News Desk

Simone Tata’s remarkable journey from a tourist in India to a prominent business leader exemplifies the power of vision and determination. Her ability to navigate the corporate landscape and significantly influence the Tata Group and the retail sector in India showcases her entrepreneurial prowess. Through strategic innovations and a commitment to philanthropy, Simone Tata has left an indelible mark on both the business world and society. Who is Simone Tata? Know Everything About Her Born in 1930 in Geneva, Switzerland, Simone Tata completed her education at Geneva University. Her life took a transformative turn when she travelled to India in 1953 as a tourist. During this visit, she met Naval H. Tata,…

Karan Johar, a prominent name in the Indian film industry, has recently made headlines by selling a 50% stake in his production company, Dharma Productions, to billionaire Adar Poonawalla, the CEO of Serum Institute of India. Founded by Karan’s father, Yash Johar, in 1976, Dharma Productions has been behind many iconic films, including Kal Ho Naa Ho and Kuch Kuch Hota Hai. This strategic move has elevated the company’s valuation to Rs 2,000 crore, with Karan retaining the remaining 50% ownership. Karan Johar’s Net Worth and Investments According to the 2024 Hurun India Rich List, Karan Johar has a net worth of Rs 1,400 crore. In addition to his…

Saudi Arabia has officially started the construction of The Mukaab, a monumental cube-shaped building reaching a height of 400 metres, which will potentially become the world’s largest structure. Located in Riyadh, this skyscraper will cover an astounding two million square metres of floor space, equivalent to twenty times that of the Empire State Building. New Murabba District Development The Mukaab is expected to cost around $50 billion and will be the centrepiece of a new urban area called New Murabba. This expansive district will feature over 25 million square metres of floor space, including plans for 104,000 homes. The project…

Apple’s supplier, Foxconn, is preparing to launch production of the iPhone 16 Pro series at its facility in Tamil Nadu, marking a significant step in Apple’s strategy to shift production from China to India. Investment in State-of-the-Art Equipment Foxconn recently acquired machinery worth approximately $31 million for its Indian facility, as confirmed by an exchange filing. The new equipment was purchased through Foxconn’s Indian subsidiary, Foxconn Hon Hai Technology India Mega Development Private Limited, in partnership with Apple Operations Limited. India-Made iPhone 16 Pro Expected Soon Apple announced it will soon introduce the first “Made in India” iPhone 16 Pro…

Tata Group and Somerville College at the University of Oxford have announced plans for the Ratan Tata Building, designed to improve the college’s teaching and learning environments. Honouring Ratan Tata’s Legacy This initiative is a tribute to the late Ratan Tata, facilitated by his long standing relationship with Somerville College. Set to begin construction in Spring 2025, the building aims to promote impactful global research and support the college’s commitment to a sustainable academic community. A Decade-Long Friendship The development highlights a decade-long friendship between Somerville College and Ratan Tata, the Chairperson Emeritus of Tata Group. The building will feature…

Swiggy, a leading food delivery app in India, is enhancing its services by introducing International Logins. This new feature allows users from 27 countries, including the US, Canada, UK, Germany, Australia, and the UAE, to access Swiggy’s offerings, significantly broadening its customer base. Seamless Ordering from Abroad With the International Login feature, individuals living overseas can order food and products from Swiggy’s quick commerce service, Instamart, or make restaurant reservations for family and friends back in India. This move is aimed at improving Swiggy’s visibility and popularity among the global Indian diaspora. Easy Access and Payment Options As announced in…

The Indian finance ministry has announced an increase in the loan limit under the Pradhan Mantri Mudra Yojana (PMMY) to ₹20 lakh, effective immediately. This decision was revealed by Finance Minister Nirmala Sitharaman during the Union Budget 2024-25 presentation on July 23, aiming to provide greater financial support to emerging entrepreneurs. Introduction of Tarun Plus Loan Category In a bid to assist established entrepreneurs, the government has introduced a new loan category called Tarun Plus, which is designed for loans exceeding ₹10 lakh and up to ₹20 lakh. This option is specifically available for those who have previously borrowed under…

ShoeallS, a South Korean company specialising in medical and smart footwear, has approached the Telangana government seeking 750 acres of land to establish a shoe production facility. This project represents an investment of ₹300 crore. Meeting with Minister D. Sridhar Babu During a meeting with Industries and IT Minister D. Sridhar Babu on October 24, 2024, the leadership team of ShoeallS presented their proposal. The company’s Chairman, Cheonggn Lee, emphasised plans to create a Giga factory that could generate employment for approximately 87,000 people. Innovative Footwear Production The proposed factory aims to produce cutting-edge products, including medical chip-embedded soles and…

Shantanu Naidu, a trusted associate of Ratan Tata and founder of Goodfellows, has secured a notable position in Tata’s Rs 10,000-crore estate plan. Known for his loyalty and friendship with Tata, Naidu has been entrusted with unique support and provisions in Ratan Tata’s will, underscoring their close bond and Tata’s trust in Shantanu’s work. Ratan Tata’s Support for Shantanu’s Venture, Goodfellows One of the key inclusions in Tata’s will is his stake in Shantanu Naidu’s startup, Goodfellows. Goodfellows, a companionship service for senior citizens, has received significant backing from Tata, both in terms of investment and personal endorsement. Ratan Tata…

In the early 1970s, Ramesh Juneja could be seen travelling extensively on dusty UP Roadways buses, moving from one small town to another as a Medical Representative (MR). While many saw him as just another MR enduring the hardships of a modest job, few could have predicted that this very individual would later head one of India’s largest pharmaceutical companies, dramatically transforming the landscape of affordable healthcare in the country. Early Life and Career Beginnings Born in 1955 in Meerut, Uttar Pradesh, Ramesh Juneja came from a middle-class family. After earning a science degree, he began his career in 1974 with KeePharma Ltd. His role as…