Author: News Desk

BluSmart, launched in 2018, gained popularity for its all-electric vehicle (EV) fleet, punctuality, and eco-friendly promise. Its appeal quickly attracted several angel investors during early funding rounds. The startup positioned itself as a sustainable alternative to conventional ride-hailing apps in India. Founders and Stakeholding According to data from PrivateCircle cited by NDTV Profit, co-founder Anmol Singh Jaggi holds nearly 25% of BluSmart, while his brother and fellow co-founder Puneet Singh Jaggi owns around 5%. The Jaggi brothers are also the founders of Gensol Engineering. SEBI Cracks Down On Tuesday, the Securities and Exchange Board of India (SEBI) barred BluSmart, Anmol…

Tyler Perry, known for his work as an actor, writer, director, and producer, has topped the list of the world’s richest actors in 2025 with an estimated net worth of $1.4 billion. Perry’s fortune far exceeds that of other high-earning actors, including Jerry Seinfeld, Tom Cruise, and Dwayne Johnson. While he is best known for the Madea series, none of the films were blockbusters. However, the franchise has grossed over $660 million globally, contributing significantly to his wealth. How Tyler Perry Built His Fortune A key factor in Perry’s wealth is his strategic ownership of his content. Unlike many actors,…

Infosys has ended the employment of 240 trainees who were unable to clear the company’s internal ‘Generic Foundation Training Program’. The decision, communicated through internal emails on April 18, followed three unsuccessful attempts by the trainees, despite extra preparation time, doubt-clearing sessions, and mock assessments. Support Initiatives for Affected TraineesTo ease the impact, Infosys has announced support measures. Trainees can access free upskilling courses through partnerships with NIIT and UpGrad. These programs are designed to prepare them for roles in the BPM industry or help them improve their IT fundamentals. Similar support was extended to those who were laid off…

As part of its initiative to modernize the electricity distribution network, the Kerala State Electricity Board (KSEB) is preparing to replace the overhead power lines on MG Roads in Thiruvananthapuram, Kochi, and Kozhikode. The KSEB board has approved the proposal, which carries an estimated cost of Rs 179 crore. Current Challenges with Overhead Power Lines The existing electrical distribution system in Kerala’s urban areas is well-established but complicated. It serves residential, commercial, industrial, and administrative zones in the cities, but it comes with its challenges. The low-tension distribution system primarily relies on overhead power lines, poles, stays, conductors, and transformers.…

Union Minister Ashwini Vaishnaw unveiled India’s first fully designed AI server, developed by VVDN Technologies. The server, built with 8 GPUs, marks a significant step in India’s journey toward advanced electronics and AI capabilities. The minister emphasized that this achievement reflects the nation’s growing strength in indigenous technology design and innovation. Boost to Make in India and Electronics Manufacturing During the launch of VVDN’s new SMT (Surface Mount Technology) Line at the company’s Global Innovation Park in Manesar, the minister called the development a major milestone for the “Make in India” initiative. He stated that electronics manufacturing in India has…

Adani Ports and Special Economic Zone Ltd. (APSEZ), India’s largest integrated transport utility, has approved the acquisition of Abbot Point Port Holdings Pte Ltd (APPH), based in Singapore. The acquisition is from Carmichael Rail and Port Singapore Holdings Pte Ltd (CRPSHPL), a related party entity. APPH owns and operates the North Queensland Export Terminal (NQXT), located at the Port of Abbot Point, 25 km north of Bowen in North Queensland, Australia. Transaction StructureThe deal will be completed on a non-cash basis. APSEZ will issue 14.38 crore equity shares to CRPSHPL in exchange for a 100% stake in APPH. The transaction…

Tamil superstar Rajinikanth experienced a career slump in the late 1990s and early 2000s, with a series of unsuccessful films. However, in his 50s, he revived his stardom with the success of Chandramukhi and Enthiran. By the late 2010s, his films began consistently performing well at the box office, re-establishing his dominance even over Bollywood’s leading names. Record-Breaking Earnings from Jailer In 2023, at age 72, Rajinikanth starred in Jailer, which became the highest-grossing Tamil film of the year, earning over ₹600 crore. For the film, he reportedly charged ₹110 crore and later received a ₹100 crore bonus from producer Kalanithi Maaran after its…

Andy Rubin is widely regarded as the creator of Android, the world’s most-used mobile operating system. His work has shaped the global smartphone industry and influenced how billions use technology daily. Early Life and Education Born on March 13, 1963, in Chappaqua, New York, Rubin was exposed to technology early through his father’s electronics business. He graduated from Horace Greeley High School and earned a degree in computer science from Utica College in 1986. Career Beginnings Rubin began his career as a robotics engineer at Carl Zeiss AG. From 1989 to 1992, he worked at Apple, where his passion for…

The ropeway project connecting Sonprayag, Gaurikund, and Kedarnath will generate income for the government without any upfront investment. Adani Enterprises, the selected bidder, has proposed a revenue-sharing model, offering nearly 42% of earnings to the National Highway Logistics Management Ltd (NHLML), the agency overseeing such infrastructure projects across India. Massive Time Savings for Pilgrims The 13-kilometre ropeway is expected to significantly reduce travel time for pilgrims—from the current 8–9 hours by foot or mule to just 36 minutes by cable car. This efficiency is expected to attract a high number of visitors, adding to the revenue potential. Out of the…

Meta CEO Mark Zuckerberg has bought a $23 million mansion in the Woodland Normanstone area of Washington DC. The sale ranks among the top three most expensive residential deals in the city’s history. Meta Confirms the Deal Meta confirmed the purchase, stating that Zuckerberg and his wife Priscilla Chan acquired the home to allow him to spend more time in DC for tech policy work. Privacy Around the Purchase The buyer’s identity was initially kept secret due to non-disclosure agreements. After the sale closed, images of the 15,000-square-foot mansion were blurred on Google Maps, and the home saw increased activity shortly after Zuckerberg’s private jet landed nearby. Strategic DC…