Author: News Desk
Stepping on a business venture requires maturity, courage, and a willingness to take risks. With sincerity, hard work, and passion, some individuals turn challenges into remarkable success stories. One such individual is M. P. Ahammed, founder of Malabar Gold and Diamonds, one of the world’s largest retail jewellery groups. Ahammed’s entrepreneurial journey began at a very young age. His passion for creating something unique and impactful set the foundation for his future endeavors. At just 20 years old, he ventured into the spice industry in 1978, setting up a business in Kozhikode, Kerala, to sell black pepper, coriander, and coconut.…
Mini customers are faced with an important decision when considering the new Cooper: opting for a next-gen example of the brand’s classic hatchback sourced from the UK or the more expensive, hi-tech option made in China. The latter isn’t a discount pick; instead, it stands out due to its electric capabilities, developed under a joint venture with Great Wall Motors. Meanwhile, the petrol-powered versions come from Mini’s traditional Oxford plant in England. Mini’s designers have ensured that both versions look and feel like a modern Mini. Although tough to distinguish from a distance, both models share the same headlights, tail-lights,…
Landslides triggered by torrential rains have resulted in a devastating disaster in Kerala’s Wayanad district, killing over 140 people and injuring dozens more. The catastrophic event struck the hilly areas near Meppadi on Tuesday morning (July 30), causing widespread destruction and loss of life. Multiple Landslides and Loss of Lives The landslides were reported in the Mundakkai and Chooralmala villages under the Meppadi Panchayat. As rescue operations commenced, multiple bodies were recovered from the Chaliyar River in Malappuram’s Nilambur region, with many others feared to have been washed away. The Indian Express reported that the disaster’s impact has been profound,…
Air Chateau, a private aviation operator based in Dubai, has secured an order for 10 electric flying cars from Crisalion Mobility, a European mobility solutions provider. This deal marks Crisalion’s first commercial venture in the Middle East. The electric flying cars, known as Integrity air taxis, are set to revolutionise urban and intercity transport in the UAE starting in 2030. Features of the Integrity Air Taxi The Integrity air taxi, currently in development, is designed to carry up to five passengers and a pilot. It boasts a top speed of 180 kilometres per hour and a range of 130 kilometres…
The Permanent Account Number (PAN) is a unique 10-digit alphanumeric identifier assigned to every taxpayer in India. However, an individual is allowed to have only one PAN throughout their lifetime. If circumstances necessitate the surrender or cancellation of a PAN card, the process can be completed either online or offline. Reasons for PAN Card Surrender or Cancellation 1. Permanent relocation outside of India. 2. Issuance of two PAN cards by mistake. 3. Errors on the current PAN card. 4. Death of the PAN cardholder. 5. Dissolution of a company, LLP, or partnership firm. Consequences of Holding Multiple PAN Cards According to Section 139A of the…
Pavel Durov, the Founder and CEO of Telegram, recently made an astonishing revelation to his 5.7 million followers on the messaging app: he has over 100 biological children. This disclosure has sparked widespread curiosity and debate, given Durov’s personal choice to remain unmarried and live alone. A Request from a Friend The revelation traces back about 15 years when Durov’s friend approached him with an unusual request. The friend and his wife were facing fertility issues and asked Durov to donate sperm at a clinic to help them conceive. Initially sceptical, Durov was surprised to find his friend was serious…
The Kohinoor diamond, one of the most desirable and famous gems in the world, continues to captivate with its storied history and immense value. Currently housed in England, the Kohinoor, whose name is derived from the Persian word meaning “Mountain of Light,” was originally discovered in a mine in India. Its current value is estimated at an astonishing Rs 1.67 lakh crore. For perspective, Mukesh Ambani and Nita Ambani’s residence, Antilia, widely regarded as the world’s most expensive building, is valued at Rs 15,000 crore. This means that the price of the Kohinoor diamond could fund the construction of eleven…
The world’s biggest sporting event is underway in Paris, attracting not only sports enthusiasts but also a host of global celebrities. Over 10,500 athletes from 206 countries are competing in the Paris Olympics, a two-week-long sports festival. Additionally, billionaires and business leaders from around the world are attending. Ambani Family Reliance Industries Chairman Mukesh Ambani, along with his wife Nita Ambani, daughter Isha Ambani, and son-in-law Anand Piramal, have arrived in Paris. Nita Ambani was unanimously elected to the International Olympic Committee from India at the 142nd IOC session. Elon Musk Elon Musk, the world’s richest man, is also in…
Vicky Kaushal, the dynamic Bollywood actor celebrated for his powerful performances and unique film choices, has made a significant impact on the industry since his debut in “Masaan” nearly a decade ago. With a National Award and critical acclaim to his name, Kaushal has also built a substantial fortune. This article explores Vicky Kaushal’s wealth, sources of income, and his extravagant possessions. Luxurious Residence in Mumbai Vicky Kaushal’s primary residence is a luxurious apartment situated in Andheri West, Mumbai. During the pandemic, he frequently shared glimpses of this home on social media, where he lived with his parents and younger…
The Indian jewellery retail market, traditionally led by the Ambanis and the Tatas, is about to face heightened competition with the Aditya Birla Group’s latest venture into the segment. Major Investment and New Brand Launch The Aditya Birla Group, a prominent Indian business conglomerate, is set to make a substantial investment of Rs 5,000 crore in the jewellery sector. This new initiative will be launched under the brand name Novel Jewels. The group, under the leadership of Kumar Mangalam Birla, is expanding its diverse portfolio, which includes industries ranging from telecom to apparel, with this latest retail venture. Existing Business…