Author: News Desk
Story of Savitri Jindal, India’s Richest Woman Savitri Jindal is an example of perseverance and confidence. India’s richest woman, she chairs the famous Jindal group. Her interests include steel, power, cement, and infrastructure. In the last two years, her net worth tripled from $ 4.8 billion to $17.7 billion. Born on March 20, 1950, in Assam’s Tinsukia town, she married OP Jindal in 1970. Om Prakash Jindal, popularly known as OP Jindal, launched the successful business empire Jindal Steel and Power. Savitri Jindal took over the reins of the Jindal business at the age of 55 following the demise of her husband in a helicopter crash in 2005. At the same time, she also joined active politics. Savitri became…
Electric bike startup ‘eBikeGo’ to start manufacturing plant. It will be done via its subsidiary Vajram Electric. The unit will cater to its Muvi and Velocipedo brand of EVs. It will develop a two-wheeler powertrain for various vehicle configurations. It will also manufacture multiple futuristic product portfolios. Catering to both Indian and international markets eBikeGo is now present in seven cities.
Samsung’s Unpacked event to occur on August 10, 2022. The tech giant would introduce its new generation of foldable smartphones Samsung Galaxy Z Fold 4, and Galaxy Z Flip 4. It will also launch Galaxy Watch 5 series and Galaxy Buds 2 Pro. Galaxy Z Flip 4 will feature the same design as the Galaxy Z Flip 3. The device could have a dual-tone effect. Galaxy Z Flip 4 uses Snapdragon 8 Gen 1 Plus Galaxy Z Fold 4 will have a 10MP front camera and 50MP main camera. The Unpacked event will stream on Samsung’s YouTube channel on Aug…
Ola’s Chief Executive Officer (CEO) Bhavish Aggarwal denied reports of a merger with the company’s key competitor Uber.Uber too denied the report.
Ola is firing close to 1,000 employees as it ramps up hiring for its electric mobility business. Ola refers to this as a ‘reshuffling’ process rather than a ‘cost-cutting’ measure. Those targeted for layoffs have been asked to resign voluntarily. According to sources Ola Electric was hiring four people for every person. Ola Electric is planning to recruit about 800 people for electric cars and additionally for cell development.
McDonald’s has raised the price of cheeseburger for the first time in more than 14 years. Due to growing cost pressures. The cheeseburger’s price will now rise to 1.19 pounds from 99 pence. McDonald’s will also increase prices by 10p-20p for other items that have been hit by rising costs. McDonald’s UK and Ireland chief executive Alistair Macrow said the company was facing “tough choices” about its prices.
Cochin Shipyard delivered ‘Vikrant’ to the Indian Navy. Vikrant is an indigenously built aircraft carrier. It was designed by the Indian Navy. Manufacturing happened at Cochin Shipyard Limited. This has raised India’s status globally. The aircraft is a perfect example of the Atma Nirbhar Bharat initiative. It was built at an overall cost of about Rs 20,000 crore. Its keel was laid in February 2009. The project progressed in three phases. Vikrant will likely be commissioned on August 15.
These are the top 10 richest women in India as per the Kotak-Hurun list Roshni Nadar Malhotra, Chairperson of HCL Technologies; Wealth: Rs 84,330 crFalguni Nayar, founder and CEO, Nykaa; Wealth: Rs 57,520 crKiran Mazumdar Shaw, founder, Biocon; Wealth: Rs 29,030 crNilima Motaparti, director, Divi’s Laboratories; Wealth: Rs 28,180 crRadha Vembu, co-founder, Zoho; Wealth: Rs 26,260 crLeena Gandhi Tewari, chairperson, USV; Wealth: Rs 24,280 crAnu Aga and Meher Pudumjee, director, Thermax; Wealth: Rs 14,530 crNeha Narkhede, co-founder, CTO and CPO, Confluent; Wealth: Rs 13,380 crVandana Lal, director, Dr Lal PathLabs; Wealth: Rs 6,810 crRenu Munjal, MD, Hero Fincorp; Wealth: Rs…
India’s first global gold exchange comes to Gujarat. Prime Minister Narendra Modi inaugurated the India International Bullion Exchange (IIBX). This is based at the Gujarat International Finance Tec-City (GIFTEC). What is IIBX? Here is what you need to know. Bullion is physical gold or silver of high purity which is often kept in the form of bars or coins. It is mostly held as reserves by central banks or institutional investors. The bullion exchange will be operated by the India International Bullion Holding IFSC (International Financial Services Centre) Limited (IIBH), a joint collaboration involving the Central Depository Services Limited, National…
Volvo Car India launches its first electric SUV in India. Volvo XC40 Recharge electric SUV has priced at Rs 55.90 lakh (ex-showroom). It is assembled at Volvo’s Hosakote plant near Bengaluru. It is the first luxury EV to be assembled in India. XC40 will be available with a twin motor powertrain. It will have a 78kWH battery pack that supports 150kW fast charging. 10 to 80 per cent can be charged in just 33 minutes. Its central infotainment system is now Android-based Panoramic sunroof, wireless phone charging, and autonomous driving are a few other features.