Author: News Desk

Andhra Pradesh Chief Minister N. Chandrababu Naidu announced a major development after a meeting with Tata Sons Chairman N. Chandrasekaran on Monday. The meeting focused on strengthening ties between the state and the Tata Group, with TCS planning to establish an office in Visakhapatnam, set to generate around 10,000 jobs. Tata’s Legacy and Ongoing Influence in Andhra Pradesh During the meeting, CM Naidu highlighted the significant contributions of the late Ratan Tata to India’s industrial landscape and to the state’s growth. He praised Tata Group’s continued impact on the state’s development, especially through its ongoing and upcoming projects. Key Tata…

When we think of the world’s wealthiest individuals, names like Elon Musk, Jeff Bezos, and Mukesh Ambani often come to mind. However, Russian President Vladimir Putin surpasses them all with a net worth of approximately $200 billion, or Rs 16,71,877 crore. Putin’s Modest Official Earnings vs. Lavish Lifestyle While Putin’s official income is modest, with a reported annual salary of $140,000 (around Rs 1 crore), his lifestyle speaks of extraordinary wealth. He owns far more than the few assets he publicly claims, including an 800-square-foot apartment, a trailer, and three cars. A Fleet of Luxury Assets Putin’s real estate portfolio…

Air India, owned by the Tata Group, announced a major update to its in-flight meal services. The airline will no longer provide halal-certified non-vegetarian meals for Hindu and Sikh passengers. However, travellers can still pre-book a “Muslim Meal” (MOML), which will remain halal-certified. This change, effective from November 10, is intended to cater to the dietary preferences of Air India’s diverse customer base. New Meal Options Introduced The policy shift addresses long-standing concerns from passengers who opposed the mandatory provision of halal meals. Critics argued that it ignored the dietary customs of Hindu and Sikh communities. Under the new policy,…

A video of Asle Toje, deputy leader of the Nobel Prize Committee, discussing Prime Minister Narendra Modi’s intervention in the Russia-Ukraine conflict has gone viral on social media. The video suggests that PM Modi has been nominated for the 2024 Nobel Peace Prize. However, after thorough fact-checking, Channeliam can confirm that this claim is false. The Origin of the Claim The viral video, shared widely across platforms, shows Asle Toje praising PM Modi for his role in discouraging Russia from using nuclear weapons during the ongoing conflict. While Toje commended India’s diplomatic efforts, especially under PM Modi’s leadership, these remarks…

Azim Premji, one of India’s wealthiest individuals and a leading figure in the tech world, has made a significant investment in Wipro, one of the country’s top software services companies. As of 2024, Premji holds a real-time net worth of $12.3 billion, ranking 190th on the Forbes Billionaires list. Premji Invests ₹4,757 Crore in Wipro Premji’s private equity firm, Premji Invest, acquired a 1.6% stake in Wipro for ₹4,757 crore through an open market transaction on November 8. The shares were bought at an average price of ₹560 each, amounting to 8.5 million shares. The purchase was made via Prazim…

An international study on migrant labour in Saudi Arabia and Kuwait suggests that the growing reliance on local workers could soon replace many jobs currently held by expatriates, particularly in skilled and semi-skilled sectors. The study, authored by Abdul A. Erumban and Abbas Al-Mejren, indicates that while migrant workers in low-skilled jobs may remain in demand for some time, automation and upskilling of local workers will likely reduce the need for foreign labour in the long run. Local Workers Taking Over Migrant Jobs The research highlights that as the local workforce in Saudi Arabia and Kuwait continues to upskill, even…

At the 2024 Nvidia AI Summit in Mumbai, a unique blend of Bollywood and cutting-edge technology took centre stage. Bollywood superstar Akshay Kumar, known for his martial arts passion, met Jensen Huang, the CEO of Nvidia, sparking a playful moment that would become one of the highlights of the event. Despite the summit’s focus on strengthening India’s AI capabilities, the encounter took an unexpected turn as Kumar shared a social media post showcasing himself and Huang in a martial arts pose. Kumar humorously captioned it, “Imagine meeting the world’s biggest authority on Artificial Intelligence and ending up chatting about martial…

Tata Group stands to gain significantly as Air India (AI) and Vistara (UK) merge, marking the start of a new journey. Vistara’s final flight on November 11, 2024, signals the beginning of this transformation, which is expected to deliver substantial financial benefits. Financial Gains from the Merger According to reports, the merger could lead to annual savings of over ₹500 crore. These savings will come from renegotiated contracts in key areas such as operations, fuel, lounges, ground infrastructure, and catering. By FY27, the combined airline aims to achieve total cost savings of ₹1,800 crore. Vihaan.AI Strategy in Action The merger…

Kamala Harris, the Vice President of the United States, has amassed significant wealth throughout her career, thanks to her public service roles, lucrative book deals, and her marriage to Doug Emhoff, a highly successful entertainment lawyer. As of 2024, Harris and Emhoff’s net worth is estimated at $8 million, an increase from $6 million in 2019, based on wealth disclosures, tax filings, and Forbes reports. Properties and Investments Much of Harris and Emhoff’s wealth comes from their real estate investments. In 2019, Forbes reported that the couple owned three properties: one in San Francisco, another in Los Angeles, and a…

OpenAI, the trailblazing company behind ChatGPT, is once again in the news with a landmark acquisition of the domain Chat.com. This iconic web address, one of the oldest in existence, was purchased from Dharmesh Shah, the founder and CTO of HubSpot. The domain now redirects to ChatGPT, marking a significant step in OpenAI’s expansion. A Historic Domain Purchase Originally registered in 1996, Chat.com holds a special place in the history of the internet. Dharmesh Shah, who acquired the domain in 2023, paid an impressive $15.5 million (approximately Rs 130 crore) for the privilege. This hefty investment has now proven to…