Author: News Desk
Chennai-based Indium, an AI-driven digital engineering company backed by the private equity firm EQT, has announced a definitive agreement to acquire a majority stake in Kochi-based Experion. Experion is a global product engineering services company with a diverse clientele across North America, the UK, Europe, Australia, and Japan. This acquisition will allow Indium to expand its workforce from 3,500 to 5,000 employees by adding 1,500 new roles. The merger aims to combine Experion’s comprehensive product engineering expertise,from ideation to market launch, with Indium’s advanced data and AI capabilities. This strategic collaboration is set to empower clients in various industries, including…
The UAE’s Federal Authority for Identity, Citizenship, Customs, and Ports Security (ICP) has introduced a major update for Indian nationals. Now, Indian citizens holding valid visas or residence permits for the European Union (EU), the United States (US), or the United Kingdom (UK) can receive a visa-on-arrival when entering the UAE. Previous Visa Requirements Earlier, only Indian nationals with residence permits in the US, UK, and EU could benefit from this facility. Under the new rules, Indian passport holders with regular passports are now eligible for a visa-on-arrival at any UAE entry point, provided they meet specific conditions. Eligibility Conditions…
While most children focus on school grades and friendships, Shravan and Sanjay Kumaran have taken a different path. These exceptional brothers became India’s youngest co-founders and CEOs while still in school, making waves in the tech industry. Early Beginnings and GoDimensions At ages 10 and 12, Shravan and Sanjay Kumaran launched their company, GoDimensions, from their home in Chennai in 2011. Sanjay took on the role of CEO, and Shravan became the President. Their venture quickly gained recognition, with seven mobile apps that reached users in over 50 countries. Early Inspiration and Development Their passion for programming was nurtured by their father, Kumaran Surendran, who introduced…
The Dhingra Brothers, Kuldip Singh Dhingra and Gurbachan Singh Dhingra, have significantly shaped Berger Paints’ success in the paint industry. By 2023, Berger Paints achieved revenues of ₹10,619 crore, establishing itself as India’s second-largest paint company, behind Asian Paints. The company’s reach extends internationally, including countries like Russia, Poland, Nepal, and Bangladesh. Leadership and Net Worth Kuldip Singh Dhingra serves as Chairman of Berger Paints, while Gurbachan Singh Dhingra is the Vice Chairman. According to Forbes, their combined net worth is $8.2 billion (approximately ₹68,467 crore). The Dhingra family’s involvement in the paint industry dates back to 1898, and their substantial wealth reflects their long-standing influence. Business Growth and International Expansion After graduating from…
Global Village, the popular seasonal attraction in Dubai, opened its doors for the 29th season on October 16, delighting crowds with Emirati yola dancers, quirky clowns, gold streamers, and drummers creating a festive atmosphere. With plans to remain open until May 11 next year, the park aims to surpass last season’s impressive 10 million visitors. This year, Global Village introduces three new pavilions featuring Iraq, Jordan, Sri Lanka, and Bangladesh, adding to its diverse cultural offerings. Visitors can explore 30 themed pavilions representing various countries, each showcasing cultural performances, dining options, and unique shopping experiences. The Jordan pavilion features Levantine…
India’s iron ore exports have emerged as a significant force behind the country’s economic growth, aligning closely with the ‘Made in India’ campaign. As one of the largest exporters of iron ore globally, India is leveraging its vast mineral reserves and export potential to enhance its industrial footprint and global trade influence. The iron ore sector is critical to many industries, including manufacturing, infrastructure, and construction, making it an essential driver of the national economy. Record Iron Ore Exports in 2023-24 In the fiscal year 2023-24, India exported 47.8 million metric tons of iron ore, marking a three-year high. This…
Juhi Chawla holds the title of India’s richest actress, boasting a remarkable net worth of ₹4,600 crore. This wealth places her ahead of other prominent actresses such as Aishwarya Rai Bachchan and Priyanka Chopra. Juhi’s fortune is largely attributed to her successful business ventures, including co-founding the Red Chillies Group and co-owning IPL cricket teams, along with an impressive real estate portfolio. The 1990s marked a significant shift in the Indian film industry, as actors began earning over ₹1 crore per film, leading to increased endorsements and wealth. Many stars, including Juhi, became millionaires by launching successful businesses. Interestingly, despite…
In a significant policy change, the Railway Board has announced a reduction in the advance ticket booking limit. Starting November 1, 2024, passengers will only be able to book train tickets 60 days (two months) in advance, instead of the previous 120 days (four months). This change is aimed at simplifying the booking process and better catering to passenger needs. What Stays the Same for Existing Bookings All bookings made before October 31, 2024, will continue to follow the previous 120-day limit, ensuring no disruption for passengers who booked under the old system. Special Privilege for Foreign Tourists Despite the…
Kerala has unveiled a mobile application that allows the public to report traffic violations in real time. This initiative marks the first of its kind in India, empowering citizens to actively contribute to road safety. Developed by the Ministry of Road Transport and Highways with support from the National Informatics Centre (NIC), the app will be inaugurated by Minister K.B. Ganesh Kumar on Friday. The application aims to simplify the reporting process, encouraging individuals to act instead of feeling frustrated by violations. Users can report traffic offences by uploading photos and videos directly through the app. Along with visual evidence,…
Byju Raveendran recently clarified misconceptions surrounding his relocation to Dubai, stating that it was primarily for his father’s medical treatment, not an escape from challenges. “I did not run away,” he emphasised during his first press conference in four years, addressing the ongoing difficulties faced by Byju’s. Plans for a New Edtech Venture Raveendran announced his intention to launch a new edtech venture upon his return to India, which he plans to operate “at half the cost” of Byju’s. This initiative aims to revive his commitment to the education sector while embracing a fresh approach. He expressed optimism about the…