Author: News Desk

India’s air pollution is no small issue. Research shows it reduces life expectancy by an average of 5.9 years. For the founders, growing up in polluted cities like Gurugram and Kanpur was a wake-up call. Traditional air purifiers weren’t portable or suited for India’s diverse pollution sources, pushing them to create a homegrown solution. atovio’s products are built entirely in India, aligning with the government’s Make-in-India initiative. Their Advanced Variable Anion Technology purifies air by generating millions of anions that neutralize pollutants, including harmful bacteria and viruses, within 30 minutes. Rigorous testing at the National Aerosol Facility, IIT Kanpur, confirms…

India’s ultra-rich, including Mukesh Ambani, Gautam Adani, and others, are known for their opulent tastes, especially when it comes to cars. These billionaires own some of the most expensive and luxurious vehicles, blending safety, power, and exclusivity. Here’s a look at the cars they drive. Mukesh Ambani – Bulletproof Mercedes S680 Guard Mukesh Ambani, the chairman of Reliance Industries, drives a Mercedes-Benz S-680 Guard, an armored vehicle worth Rs 10 crore. Known for its bulletproof protection, this car can withstand rifle fire, explosives, and even chemical attacks. The Ambani family owns four of these luxury sedans. Gautam Adani – Range…

2024 was a rollercoaster year for Indian startups. Amid the excitement of new unicorns, several ventures faced hard truths, with some shutting down entirely. From insurtech to edtech, these closures reveal the challenges of innovation in a competitive market. Let’s delve into the stories of startups that couldn’t survive the year.These closures underscore the volatility of the startup ecosystem and the critical importance of sustainable growth models. Kenko HealthSector: Insurtech Shutdown Date: August 2024 Kenko Health closed its doors after failing to secure equity capital. Months of unpaid salaries and a 20% workforce reduction in 2023 preceded the shutdown. Backed…

Amidst political turmoil in Bangladesh, with violent protests and the fallout from a coup, the country continues to witness stark contrasts in wealth distribution. While the nation faces economic struggles, including poverty and unemployment, a select group of billionaires, including Musa Bin Shamsher, have seen their fortunes skyrocket. Musa Bin Shamsher’s Rise to Riches Musa Bin Shamsher, often referred to as the “Ambani” of Bangladesh, is the nation’s wealthiest individual. He is the founder of the DATCO Group, a company involved in international arms dealings and power brokerage. With a net worth estimated at $12 billion (approximately ₹99,600 crore), Shamsher…

Nusli Wadia, the chairman of the Wadia Group, has made a significant mark in Indian business, yet his journey has had its setbacks. A billionaire with interests in FMCG, textiles, and real estate, Wadia’s empire includes Britannia Industries and Bombay Dyeing. However, his airline, Go First, which operated for several years, was declared bankrupt in 2023. Business Empire Amid Setbacks Despite the bankruptcy of Go First, Wadia’s net worth remains strong, with an estimated value of USD 5.2 billion (Rs 44,154 crore) according to Forbes. In September 2024, he made headlines by selling a 10-acre property in Mumbai for over…

Born and raised in Mumbai, Kabir Mulchandani initially worked in his family’s electronics business before transitioning to Dubai’s real estate market. However, his journey wasn’t without challenges. During the 2008 financial crisis, Kabir faced allegations of fraud and embezzlement, leading to a 140-day jail term. By 2010, he was acquitted of all charges, marking a pivotal moment in his career. Founding FIVE Holdings In 2011, Kabir launched FIVE Holdings, a luxury real estate and hospitality company. Known for redefining opulence, the company’s portfolio includes the iconic FIVE Palm Jumeirah hotel in Dubai. With innovative features like drive-in nightclubs for supercars…

India’s electric vehicle (EV) market is booming, with new models being launched daily. Electric vehicles are gaining popularity for being cost-effective and environmentally friendly. Introducing Strom R3 Mumbai-based start-up Strom Motors has unveiled the country’s most affordable electric car, the Strom R3, priced at just ₹4.5 lakh. This unique three-wheeled vehicle stands out with its innovative design and features. Impressive Range at an Affordable Price The Strom R3 offers an impressive 200 km range on a single charge, making it a cost-efficient option. Equipped with a powerful electric battery and a high-efficiency motor, it ensures long-lasting performance at a budget-friendly price.…

Anil Ambani, often seen as the less successful younger brother of Mukesh Ambani, Asia’s wealthiest man, has faced immense financial challenges in recent years. Many of his businesses have either shut down, been sold, or fallen into massive debt. However, in recent years, there has been a shift in Anil Ambani’s fortunes, largely thanks to the efforts of his sons, Jai Anmol Ambani and Jai Anshul Ambani. Sons Stepping In to Save the Empire Both Jai Anmol and Jai Anshul are deeply involved in the operations of their father’s business. They are helping secure new deals for Reliance Group and…

India’s critical care sector faces severe shortages, with only 2.3 ICU beds per 100,000 people. The shortage is compounded by a lack of trained intensivists, with only 5,000-6,000 professionals in the country. This issue is particularly dire in smaller towns and non-metro regions, leading to preventable deaths. Cloudphysician’s AI-Driven Solution Founded in 2017 by Dileep Raman and Dhruv Joshi, Cloudphysician is a Bengaluru-based healthcare startup aiming to bridge India’s critical care gap. The company uses AI and telemedicine to connect ICUs across the country, enhancing patient outcomes in neonatal and adult critical care. By offering video feeds and bedside data…

Union Minister for Road Transport and Highways, Nitin Gadkari, has announced a major infrastructure project in Tamil Nadu. The government has approved a ₹13.38 billion plan to construct an access-controlled highway along NH-40, spanning 28 kilometers. This highway will connect Walajapet/Ranipet to the Tamil Nadu-Andhra Pradesh border. Key Highway Features The new highway will include a four-lane main road with paved shoulders and two-lane service roads on both sides. To ease congestion, a 10-kilometer bypass will be built around Walajapet and Ranipet. The design aims to improve traffic for both long-distance travelers and local commuters. Infrastructure Upgrades Safety will be…