Author: News Desk

Lakshmi Venu, a prominent figure in India’s business landscape, is making remarkable strides as the Managing Director of Sundaram-Clayton Ltd (SCL), an automotive components company under the TVS Group. Based in Chennai, SCL has achieved a market capitalization of ₹27,888 crore as of June 28, 2024. Lakshmi, a fifth-generation businesswoman, has been leading SCL as MD for the past two years, following her tenure as joint MD since 2010. Lakshmi Venu’s leadership has been instrumental in propelling SCL to new heights. The company, a key player in the automotive components industry, continues to thrive under her guidance. As the heiress…

Silicon Valley-based digital customer experience engineering leader Infogain has announced the acquisition of New Jersey-based Impaqtive, a summit-level Salesforce consulting services firm. This strategic move is set to bolster Infogain’s offshore presence in Kerala, India. Founded in 2021, Impaqtive operates out of Infopark Phase II in suburban Kakkanad and specializes in Salesforce multi-cloud implementations, platforms, and accelerators. The firm boasts a certified team that will now join forces with Infogain’s CX design and platform engineering capabilities. The acquisition aims to help the combined business deliver top-tier customer experience solutions, empowering customers to excel in the digital economy. Infogain customers will…

Becoming an IAS officer is a cherished dream for many, but only a few achieve this prestigious milestone each year. IAS B Abdul Nasar’s inspiring journey is a testament to perseverance and determination. Remarkably, Nasar did not follow the traditional route of excelling in the UPSC exam to become an IAS officer. Hailing from Thalassery in Kerala’s Kannur district, Nasar faced immense challenges early in life. He lost his father when he was just five years old, and his mother worked as a domestic worker to support the family. Nasar and his siblings lived in an orphanage for 13 years, where he started working as a hotel supplier and cleaner at the age of…

Zahabiya Khorakiwala, daughter of Wockhardt founder Habil Khorakiwala, now heads Wockhardt Hospitals, driving strategic growth in the pharmaceutical sector. Stepping into Leadership Zahabiya Khorakiwala assumed the role of Managing Director at Wockhardt Hospitals in 2010, at the age of 27, after serving as Executive Director. She oversees critical strategic decisions and identifies new avenues for business growth within the healthcare sector. Educational Background and Professional Journey Zahabiya’s educational journey spans prestigious institutions globally. She completed her schooling at Aiglon College in Switzerland and pursued her undergraduate studies at New York University in the United States. Her academic pursuit continued with…

Advaita Nayar, a prominent Indian businesswoman, has carved out a notable presence in the business world. She may not be immediately recognizable by name, but as the daughter of Falguni Nayar, founder and CEO of Nykaa, she holds significant influence. Advaita is the Chairperson and CEO of Nykaa Fashion, a brand with a vast global following. Nykaa, officially known as FSN E-Commerce Ventures Limited, began as an e-commerce platform for beauty and wellness products. Falguni Nayar founded the company in 2012 after leaving her position as an investment banker. At that time, Advaita was six months into her consulting job…

Devadath P R, a 22-year-old engineering student from Kerala, has developed a groundbreaking machine that uses Artificial Intelligence (AI) to write homework in the user’s handwriting. This invention has captured significant attention on social media, particularly through a viral 19-second video showcasing the machine’s capabilities. The video, which has accumulated approximately 4.7 million views and over 39,000 likes on X, features the machine seamlessly writing homework and turning pages as needed. How the AI Machine Works The AI machine works by first scanning the user’s handwriting to learn their unique writing style. Once the machine has captured the nuances of…

Sofia Sacoor, a 17-year-old entrepreneur from Dubai, is making waves in the fashion industry while supporting a cause close to her heart. As a member of the renowned Sacoor family, known for their premium fashion brand Sacoor Brothers, Sofia is now paving her own path with her athleisure brand, SU1. The Birth of SU1 SU1, which stands for “Step Up One,” was created by Sacoor to blend her passion for fashion and sports with a mission to support children with Type 1 Diabetes (T1D). The idea for the brand was born from her personal experience with T1D and a desire…

Thailand’s King Maha Vajiralongkorn, also known as King Rama X, is often cited as one of the world’s wealthiest individuals. His opulent lifestyle includes an extensive collection of diamonds, luxury cars, vast expanses of land, and numerous other extravagant assets. According to the Financial Times, the royal family’s total wealth is estimated to exceed USD 40 billion, or approximately Rs 3.2 lakh crore. King Maha Vajiralongkorn’s extensive real estate holdings cover 6,560 hectares (16,210 acres) across Thailand, including 17,000 contracts in the capital, Bangkok. He holds a 23 percent stake in Siam Commercial Bank, Thailand’s second-largest bank, and a 33.3…

Railways Minister Ashwini Vaishnaw voiced strong criticism against the Kerala government, accusing it of insufficient cooperation on railway projects. During a discussion in the Lok Sabha, Vaishnaw emphasised that significant progress could be made in Kerala if the state government provided the necessary support. His comments were reported by news agency PTI. Remarks on Angamaly-Sabarimala Railway Line Ashwini Vaishnaw made these remarks while addressing a supplementary question about the long-pending Angamaly-Sabarimala railway line project, which was first sanctioned in 1997-98. He responded to Congress member Adoor Prakash’s inquiry by stating, “The Kerala government has not been very cooperative on railway…

German venture capital firm UVC Partners has secured a €5 million investment from IT giant Infosys for a minority stake. This funding will be provided over a period of approximately five years, as needed. Infosys announced that this investment is part of its Innovation Fund, designed to collaborate with UVC’s ecosystem and startups to co-create advanced solutions using Deep Tech and artificial intelligence (AI). Enhancing Business Transformation The solutions developed through this partnership aim to support clients in their business transformation efforts by leveraging cutting-edge technologies such as AI and Deep Tech. Infosys views Germany as a key market and…