Author: News Desk
Rahul Dravid is a towering figure in Indian cricket. Born on January 11, 1973, in Indore, India, Dravid’s cricketing career is distinguished by his stoic character and exemplary technique, cementing his status as one of the greatest batsmen in the history of the sport. Beyond his legendary on-field performances, Dravid has evolved into a cultural icon, influencing the cricketing world as a coach, mentor, and businessman. As of 2024, Rahul Dravid’s financial standing is as solid as his batting. With an estimated net worth of $40 million (approximately ₹320 crores), his wealth reflects a successful career as an Indian cricketer,…
A team of researchers from the Georgia Institute of Technology in the US sought to determine the optimal number of legs for robots designed to navigate challenging surfaces. Inspired by centipedes, they created a series of multi-legged robots to test their performance. Understanding Centipede Movement “When you see a scurrying centipede, you’re basically seeing an animal that inhabits a world that is very different than our world of movement,” explained Daniel Goldman, a Physics professor at Georgia Tech who led the research. He noted that human movement relies heavily on inertia, whereas centipedes must continuously move their limbs to keep…
A recent controversy involving trainee IAS officer Puja Khedkar and former bureaucrat Abhishek Singh has intensified scrutiny over the selection process for bureaucrats under disability criteria. Khedkar is accused of submitting fake disability certificates, while Singh’s gym and dance videos have raised questions about his claimed locomotor disability. Puja Khedkar’s case has already ignited a debate about the integrity of the disability selection process. In a new twist, videos of Abhishek Singh, a 2011 batch IAS officer turned actor, have gone viral. Singh, who utilized disability concessions during the UPSC selection, is now facing backlash as social media users demand…
Asia is home to some of the world’s wealthiest individuals, whose fortunes span diverse industries including technology, telecommunications, real estate, and e-commerce. Led by prominent figures such as Mukesh Ambani of India and Zhong Shanshan of China, these billionaires have amassed vast wealth through strategic investments and visionary leadership, underscoring Asia’s pivotal role in global economic dynamics. Mukesh Ambani: Asia’s Wealthiest Individual Mukesh Ambani, the wealthiest person in Asia as of July 2024, serves as the chairman and managing director of Reliance Industries. His influence extends to sports ownership, with his acquisition of the Mumbai Indians in 2008. Ambani’s telecom venture,…
Viren Merchant, a significant figure in the Indian business community, serves as the CEO and Vice-Chairman of Encore Healthcare. This global contract manufacturer in the pharmaceutical industry has flourished under his leadership, establishing him as one of the top players in the healthcare sector. Leadership and Achievements at Encore Healthcare Viren Merchant, along with his wife Shaila Merchant, co-founded Encore Healthcare in 2002. Under his strategic guidance, the company has grown into one of the largest healthcare industries. Encore Healthcare prides itself on being a people-oriented organization, aiming to connect healthcare service providers, patients, and consumers within a comprehensive network.…
The Indian Railways has allocated ₹43.87 crore to startups for 23 innovative projects aimed at enhancing services across the national transporter. This initiative addresses 15 specific problem statements, showcasing the Railways’ commitment to fostering innovation. An official statement revealed that the Railways received a total of 423 proposals in response to 28 problem statements posted on their innovation portal, which was launched in June 2022. Financial Support for Startups Approximately ₹10.52 crore of the total funding will go directly to eligible startups engaged in ongoing innovation projects. This financial backing aims to empower startups to develop impactful solutions for the…
Google parent Alphabet (GOOGL.O) is in advanced negotiations to acquire cybersecurity startup Wiz for approximately $23 billion, a source familiar with the matter revealed on Sunday. If finalized, this deal would represent Alphabet’s largest acquisition to date. The acquisition, expected to be funded primarily in cash, could be finalized soon, according to the source, who requested anonymity. Wiz, founded in Israel and now headquartered in New York, is a rapidly growing software startup that offers cloud-based cybersecurity solutions with real-time threat detection and responses powered by artificial intelligence. Should Alphabet proceed with the acquisition, it would mark a significant move…
The Karnataka government has temporarily halted a contentious bill that mandates job reservations for Kannadigas in private companies across the state. This decision comes after widespread debate and criticism over the proposed legislation, which aimed to prioritize local hires amid concerns over job opportunities for residents. Government’s Decision and Chief Minister’s Statement Chief Minister Siddaramaiah announced the pause on implementing the bill, citing the need for further discussion before a final decision is made. The bill, which initially received approval on Monday, proposed reserving 70% of non-management roles and 50% of management-level positions for Kannadigas. However, the Chief Minister emphasized…
The largest stake in Reliance Industries is held by Kokilaben Ambani, the matriarch of the Ambani family and the wife of the late Dhirubhai Ambani. She owns 1,57,41,322 shares, which constitutes a 0.24% stake in the company. Next Generation Stake Mukesh Ambani’s three children—Akash, Isha, and Anant Ambani—each hold 80,52,021 shares in Reliance Industries. This equates to nearly 0.12% stake per child, reflecting the family’s strong investment in the company’s future. Net Worth and Influence Media reports estimate Kokilaben Ambani’s net worth to be around Rs 18,000 crore. Although she does not participate in the day-to-day business operations, her substantial…
The US government is making it simpler for business owners to extend their stay in the country. The International Entrepreneur Rule (IER), originally established during the Obama administration, has been updated to allow foreign entrepreneurs to remain in the US for up to five years if their businesses meet specific criteria related to funding and job creation. What is the International Entrepreneur Rule? The IER, managed by the Department of Homeland Security (DHS), enables non-citizen entrepreneurs to apply for a temporary authorized stay in the US, known as “parole.” This status is granted based on the public benefits their business provides. Entrepreneurs can work exclusively for their startups, and their spouses can also apply for work authorization,…