Author: News Desk
Ananda Krishnan, known as AK, is the fourth richest person in Malaysia with a net worth of $5.8 billion (Rs 45,339 crore), according to Forbes. Renowned for his exceptional business acumen and philanthropic efforts, Krishnan’s influence spans across Southeast Asia. Multimedia Empire In the mid-1980s and early 1990s, Krishnan built a multimedia empire that boosted his prominence. His involvement in the entertainment industry, including participation in the Live Aid concert with Bob Geldof, helped establish his reputation. Today, he owns three communication satellites orbiting Earth. Investment Ventures As the head of Usaha Tegas, Krishnan amassed significant wealth through strategic investments…
When we think about the richest people in the world, names like Mukesh Ambani, Gautam Adani, Elon Musk, and Jeff Bezos come to mind. But you might be surprised to find that Ratan Tata isn’t on these lists. Here’s why. Ratan Tata’s Financial Position Ratan Tata is listed as 421st on the IIFL Wealth Hurun India Rich List 2022, with a net worth of ₹3,800 crore. This is an improvement from his 2021 ranking of 433rd, where his net worth was ₹3,500 crore. Most of his wealth comes from Tata Sons, the holding company for the Tata Group. The Role…
Sharjah has introduced a pioneering AI-powered trade licence system that allows entrepreneurs and investors to complete their licensing process in under five minutes. This innovative service was unveiled at the Sharjah Investment Forum (SIF 2024) in the presence of Sheikh Abdullah bin Salem bin Sultan Al Qasimi, Deputy Ruler of Sharjah. Immediate Availability and Expansion Plans Initially, the service will be accessible through the Sharjah Investor Services Centre (Saeed) and SPC Free Zone, streamlining the process for obtaining trade licences. Plans are in place to extend this service to other free zones throughout the emirate, setting a global precedent for…
Event tech startup Ticket9 has recently secured funding from the well-known actress-director couple Nayanthara and Vignesh Shivan. Founded by Yazhini Shanmugam (Param) and Santhos Premraj, Ticket9 aims to transform event management with its innovative ticketing and event solutions. Investment Details and Future Plans The exact amount of the investment has not been disclosed. Ticket9 plans to use the funds to enhance its technology and broaden its market presence. The startup is expanding its services across India and into international markets, including Dubai, to offer comprehensive event management and audience engagement solutions. Celebrity Endorsement and Market Impact Nayanthara and Vignesh Shivan…
The UAE Government Media Office has unveiled the Social Media Guide for Government Entities, aimed at adapting to the fast-changing social media landscape and improving interaction between federal entities and the public. The guide was announced during the Federal Government Communication Network meeting at Emirates Towers in Dubai, attended by key officials including Saeed Mohammad Al Eter, Assistant Minister for Strategic Projects at the Ministry of Cabinet Affairs. Comprehensive Framework for Social Media Use Developed in collaboration with the New Media Academy, the Social Media Guide offers a detailed framework to standardise social media practices across government bodies. Its goal…
Atishi Marlena has recently been appointed as the Chief Minister of Delhi, succeeding Arvind Kejriwal. This appointment marks a pivotal moment in her political journey, which began with her election as an MLA from Kalkaji. Atishi has held several influential positions within the Delhi government, including Minister for Education, Public Works, Culture, and Tourism. Her new role as Chief Minister makes her only the third woman to assume this office, following the tenures of Sushma Swaraj and Sheila Dikshit. Key Achievements and Roles Throughout her career, Atishi has been a prominent member of the Aam Aadmi Party (AAP) and served…
The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the development of India’s Venus Orbiter Mission, allocating ₹1,236 crore for the project. The mission, led by the Department of Space, aims to place a scientific spacecraft in the orbit of Venus to study its surface, subsurface, and atmospheric processes, as well as the planet’s interaction with the Sun. Understanding Venus: Earth’s ‘Sister Planet’ Venus, often referred to as Earth’s sister planet due to its similar size and proximity, offers scientists a unique opportunity to study planetary evolution. Once believed to have conditions similar to Earth and potentially habitable,…
Tupperware Brands, once feted for its bright-coloured food storage containers, filed under Chapter 11 bankruptcy protection as it struggles to contain sharply worsening financial difficulties, including sales decline and cost escalations in operations. The company is facing margin squeeze from accelerated post-pandemic increases in the cost of raw materials, labour, and freight. Pandemic-era surge fizzes out The company’s products sold much more during the pandemic as people prepared to cook at home and made use of the air-tight containers provided by the firm for leftovers. However, demand very soon declined in the post-pandemic period, but Tupperware failed to regain its…
Zomato has teamed up with the Indian Railways Catering and Tourism Corporation (IRCTC) to enhance the travel experience by delivering food directly to passengers’ seats on trains. This new service, which has been launched in 88 cities, aims to provide passengers with a variety of meal options from their favourite restaurants while travelling. Over 10 Lakh Orders Delivered Across 100+ Stations The new service, known as ‘Zomato – Food Delivery in Trains,’ has already seen significant success, delivering over 10 lakh orders at more than 100 railway stations. Passengers can now order meals through the Zomato app and receive them…
In Indian cinema, reaching the Rs 1000 crore milestone is a remarkable achievement, setting a new standard for blockbuster success. While stars like Deepika Padukone, Katrina Kaif, and Kareena Kapoor Khan are often associated with high-grossing films, it was Ramya Krishnan who first achieved this feat. Ramya Krishnan made history with her role as Shivagami in the 2015 blockbuster Baahubali. The film was a massive success, surpassing the Rs 1000 crore mark and earning Ramya Krishnan widespread acclaim for her powerful performance. At the age of 45, her role in Baahubali established her as a leading figure in Indian cinema.…