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Showing posts from October, 2021

China's Xi vows tighter oversight of tech firms, digital economy

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President Xi Jinping has demanded that the country's technology sector be better regulated, highlighting the intense scrutiny and turmoil that Chinese internet firms have endured as a result of their fast rise. Xinhua said Tuesday that improved monitoring will help China take advantage of the digital industry's change, citing Xi at a meeting of Communist Party officials the day before. He advocated for a stronger link between traditional sectors and the digital economy, which includes everything from big data and artificial intelligence to cloud computing and blockchain. Xi promised to "fix" policies that damage the public and obstruct fair competition. Regulators have caught many in the business off guard. Chinese regulators recently punished Meituan, a U.S.-listed online meal delivery company, $530 million for breaking anti-monopoly legislation. Alibaba Group Holding Ltd. was fined a record $2.8 billion for antitrust violations earlier this year, and Did

What could work and what needn't for Rakesh Jhunjhunwala's airline venture

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Akasa Air, funded by Rakesh Jhunjhunwala, has received a critical no-objection certificate (NoC) from the civil aviation ministry. He intends to establish a new airline in India in the hopes of increasing the number of people who travel by air. The airline plans to begin service next summer. Rakesh Jhunjhunwala, often known as India's Warren Buffet, has invested Rs 247.50 crore in Akasa Air, an ultra low-cost carrier. Jhunjhunwala has a net worth of $4.6 billion, according to Forbes. Madhav Bhatkuly, the founder of investment fund New Horizon, is another significant name on Dalal Street who has invested roughly Rs six crore in the company. Bhatkuly is well-known. The following senior executives are on the board of directors: Vinay Dube, the CEO, is a promoter. Praveen Iyer has been promoted to the position of Chief Commercial Officer. Iyer is a founding member of the team and a former Jet Airways colleague of Dubey's. Neelu Khatri, the new head of corporate affairs,

North Korea fires suspected submarine-launched missile into waters off Japan

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According to the South Korean military, North Korea fired a suspected submarine-launched ballistic missile into waters off the coast of Japan. In January, Pyongyang showcased the rocket, calling it "the world's most powerful weapon." It comes just weeks after South Korea unveiled its own comparable weapon. In recent weeks, North Korea has conducted a series of missile tests, claiming to have tested hypersonic and long-range weaponry. Some of these tests are in violation of international treaties. The United Nations has specifically barred the country from testing ballistic missiles or nuclear weapons. Ballistic missiles, according to the UN, are more dangerous than cruise missiles because they may carry more potent warheads, have a longer range, and fly quicker. EXPLAINER: The missile and nuclear programmes of North Korea FEATURE: A high-profile defector discusses his experiences on Kim's N Korea The Joint Chiefs of Staff of South Korea reported on Tuesday

In an age of self-interest, Boris Johnson's secret COP26 weapon may have to be shame

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Boris Johnson will welcome the world to Glasgow, Scotland, in less than two weeks, where he will host the COP26 international climate conference at a critical juncture in our planet's history. Over the next two weeks, the British Prime Minister intends to persuade some of the world's most prominent leaders to speed up reductions in greenhouse gas emissions this decade. It's impossible to overestimate the significance of this conference for Johnson's international image. Since the United Kingdom decided to leave the European Union, he has argued that Brexit is an opportunity for his country to become a more active member of the global community, leading the way in trade reform. To be considered a success, Johnson and Alok Sharma, his COP26 President, will need delegates to commit to limiting global warming to 1.5 degrees Celsius above pre-industrial temperatures, rather than the 2 degrees Celsius indicated in the 2015 Paris Agreement. He'll also seek doze

New York's bankruptcy court dismisses plea filed by Nirav Modi, associates

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The plea of fugitive diamond dealer Nirav Modi and his partners, seeking the discharge of fraud claims against them, was denied by a bankruptcy court in New York. Richard Levin, the court-appointed trustee of three US corporations—Firestar Diamond, Fantasy Inc, and A Jaffe—indirectly held by Nirav Modi in the past, stated the claims. Levin had also asked for a minimum of USD 15 million in damages for ôharmö caused to Modi's debtors by his colleagues Mihir Bhansali and Ajay Gandhi. Judge Sean H Lane of the Southern District of New York Bankruptcy Court issued the ruling last Friday, dealing a huge blow to the Indian fugitive and his associates. "In a clear judgement, US Trustee Richard Levin's revised complaint in the adversary action coming out of Modi's initial chapter 11 bankruptcy petition, alleging fraud, violation of fiduciary responsibilities, RICO, and associated state law claims," Indian American attorney Ravi Batra told PTI. According to Batra

PM Modi to inaugurate Kushinagar International Airport, launch development projects tomorrow

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The maiden flight from Colombo, Sri Lanka, carrying a Sri Lankan delegation of over 100 Buddhist monks and dignitaries, including the 12-member holy relic entourage conveying the holy Buddha relics for display, will mark the inauguration of the Kushinagar International Airport. additional locations in Gujarat The prime minister will lay the foundation stone of Rajkiya Medical College in Kushinagar, which would cost over Rs 280 crore, at a public event. In the academic year 2022-2023, the institution will open a 500-bed hospital and admit 100 students to the MBBS programme. He will also lay the foundation stone for 12 development projects totaling over Rs 180 crore, according to the statement.

Did Bill Gates send 'flirtatious, inappropriate' emails to female employee? Microsoft reveals

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Microsoft executives asked Bill Gates in 2008 to cease sending amorous emails to a female employee, but the case was dropped once he agreed, according to the company. After the business uncovered questionable emails to a mid-level employee, Brad Smith, then Microsoft's general counsel and now its president and vice-chair, and another official met with Gates, according to the Wall Street Journal. According to the publication, Gates did not deny the emails, and members of the Microsoft board of directors who were informed on them declined to take any further action because Gates and the employee did not have any physical contact. Microsoft did not respond to a request for comment on Monday other than to acknowledge the Journal's allegation. Smith did not respond to a request for comment via the company. “These assertions are untrue, repeated rumours from people who have no direct knowledge, and in some cases have severe conflicts of interest,” Gates' private offic

North Korea fires ballistic missile into sea in latest test

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The South Korean and Japanese armies claimed North Korea fired a ballistic missile into the sea on Tuesday, continuing its recent weapons tests, only hours after the US renewed its invitation to resume negotiations on the North's nuclear weapons development. The Joint Chiefs of Staff of the United States of America did not immediately say what type of ballistic missile it was or how far it flew. The Japanese coast guard issued a maritime safety warning to ships, but it was unclear where the weapon had fallen. The presidential office of South Korea had planned to call a meeting of the national security council to discuss the launch. North Korea has accused Seoul of hypocrisy for criticising the North's weapons tests while expanding its own conventional military capabilities. A strong South Korean response could enrage North Korea. North Korea resumed its weapons tests in September after a months-long hiatus, while making conditional peace proposals to Seoul, resuming

Reliance buys 52% in designer labels of Ritu Kumar in luxury bet

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In the latest gamble on the country's fast-expanding luxury designer sector, Indian conglomerate Reliance Industries' retail branch has acquired a 52 percent ownership in popular designer labels of Ritu Kumar, the firm announced on Tuesday. Reliance Retail did not disclose the transaction's financial details, but it did say that the majority share acquisition involved buying out Everstone Capital's 35 percent ownership in India's Ritika Pvt Ltd, which owns the Ritu Kumar brands. "We're looking at India's top 20 million clients. 1.3 billion, not 1.3 billion. We continue to focus on the top 20 million consumers' discretionary wallet spend on products." Darshan Mehta, the CEO of Reliance Brands, Kumar, who is well renowned for her ethnic designs, owns her own label, with prominent Bollywood stars Aishwarya Rai and Priyanka Chopra among her clients. According to Kumar's website, some of her bridal gowns cost up to 800,000 rupees ($1

Pakistan claim about blocking submarine questioned by India

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In November 2016 and March 2019, the Pakistan Navy claimed it had observed Indian submarines attempting to enter the country's territorial seas. The Indian side had dismissed both of these instances. The Indian side questioned the Pakistan Navy's allegation that it prevented an Indian submarine from entering the country's territorial seas on Tuesday, noting that the vessel reportedly involved in the incident appeared to be operating in international waters. According to a statement released by the Pakistani military's media wing, on October 16, the navy detected and repelled an alleged attempt by an Indian submarine to infiltrate Pakistani waters in the Arabian Sea. "This is the third occurrence of its sort in which a Pakistan Navy long-range maritime patrol aircraft has discovered and tracked an Indian submarine," the statement claimed. The Pakistan Navy has been keeping a close eye on the situation. However, on the Indian side, sources familiar w

Barack Obama says he can't imagine life without Michelle Obama on 29th wedding anniversary

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Barack Obama, the former President of the United States of America, and Michelle Obama, the First Lady of the United States of America, are commemorating their 29th wedding anniversary by exchanging sweet messages on social media. They've been an inspiration to many couples around the world, and their sweet anniversary posts for one other will make you cry. To commemorate their 29th wedding anniversary, the former President of the United States shared two photos with his wife. One photo shows them seated on a couch, affectionately holding one other, while the other is a back-of-the-room shot of them standing by a window. Miche, happy anniversary! I've loved watching the world get to know you not just as a South Side girl, but as a mother, lawyer, executive, author, First Lady, and my best friend over the past 29 years. "I can't fathom life without you," Obama said in the caption of his Instagram image. Michelle Obama also expressed her affection for Ba

Justin Bieber wants to start trying for a baby with Hailey Bieber by end of 2021

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Justin Bieber and his supermodel wife Hailey Bieber may be on the verge of starting a family. That's right, you read that correctly. The 27-year-old singer married Hailey in 2018, and in a scene from his new documentary Justin Bieber: Our World, he just revealed his aspirations to conceive a family with her. In a recently published Amazon Studio Prime Video documentary, Justin stated that he would like to "squish out a nugget" this year. Hailey asks Justin about his plans for 2021 in a scenario set the morning of his New Year's Eve 2020 show. "In 2021, my goal is to keep setting goals and having fun while doing so. Make sure I prioritise my family, and hopefully we'll be able to squeeze out a nugget." Justin and Hailey have discussed the prospect of having children in several interviews, according to People. Hailey had remarked in an interview with Vogue Arabia in 2018: "I adore children and can't wait to have one of my own. That is,

Squid Game Returns $900 Million on $21.4 Million Investment, Reveal Documents

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Netflix, the video-streaming behemoth, will be worth $900 million (approximately Rs. 6780 crore) because to the global smash show 'Squid Game,' according to internal documents obtained by Bloomberg. Since its debut, ‘Squid Game' has taken the world by storm, becoming the most popular show on the California-based streaming platform. The documents obtained by Bloomberg also reveal the criteria Netflix employs to rank shows and crown the one with the greatest potential for success. These figures are, however, very confidential, and the corporation prefers not to share them with the press. While many indicators are kept under wraps, Netflix has given some information. According to data given by the streaming company, 132 million individuals had viewed at least two minutes of the show in its first three weeks, exceeding the previous high of 'Bridgerton,' an American show. Another piece of information shows that viewers have watched the show for a total of 1.4

Kate Middleton recycles favourite lavender gown from 10 years ago for Earthshot Prize Awards

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Kate Middleton has always been an outfit repeater. The Duchess of Cambridge dotes recycling her favourite ensembles while attending sundry red carpet events around the world. The Royal surprised her fans with a stunning fashion moment as she attended the first Earthshot Prize awards ceremony with Prince William. On Sunday, Prince William hosted the 2021 Earthshot Prize awards ceremony - an eco-amicable event to celebrate environment bellwethers working to preserve and forfend the planet. For the occasion, Kate re-wore a fan-favourite Alexander McQueen lavender gown from 10 years ago. Reportedly, the Duchess and the Duke had categorically asked all the attendees not to purchase any incipient apparel for the ceremony, and Kate followed the guidelines additionally. She looked incredibly gorgeous in the ensemble, which she had earlier donned to an ebony-tie BAFTA event in Los Angeles back in 2011. For the 2021 Earthshot Prize awards ceremony, Kate wore a pleated lavender chiffo

Katrina Kaif in ₹48k white bodycon dress promotes Sooryavanshi, see all pics

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Bollywood actor Katrina Kaif is gearing up for the relinquishment of her upcoming Rohit Shetty film Sooryavanshi with Akshay Kumar. However, that is not ceasing the star from accommodating back-to-back fashion goals for her gregarious media adherents. Her latest look for Sooryavanshi promotions in a one-shoulder white bodycon dress is a testament to equipollent. For a sunny day photoshoot, Katrina slipped into a white one-shoulder ribbed dress and delectated fashion doters. She posted two pictures from the shoot and even garnered accolades from other celebrities. The actor captioned the post, "[sunny] day #sooryavanshi." Celebrity stylist Ami Patel, who has worked with stars like Alia Bhatt, Priyanka Chopra, Sara Ali Khan, and more, styled Katrina's probe for the sunny shoot. Her hair and make-up were done by Daniel C Bauer and Flavien Heldt. We additionally found the price of this dress. Read on to ken more. The dress Katrina culled for the shoot emanates fro

Virat Kohli hilariously mimics Shikhar Dhawan's batting in epic video, India left-hander reacts

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Ahead of the India's first-warm-up game of the T20 World Cup against England in Dubai on Monday, captain Virat Kohli took time out to record a video that promises to take gregarious media by storm. Kohli on Monday, posted a video on Twitter and Facebook aping the batting stance of India teammate Shikhar Dhawan, and needless to verbally express, his mimicking game was spot on. Kohli brought out the exact visages, batting stance and mannerisms. "Hi, this is Virat Kohli and I'm going to mimic Shikhar Dhawan because I feel he is disoriented in his space so much it’s very hysterical and I have visually perceived it many times from the other end.

Shamita Shetty is in a sweatpants state of mind. Here’s how much it costs

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Shamita Shetty’s sense of sartorial fashion always makes us stop and stare. The actor’s Instagram profile is replete with her fashionable outfits which makes every fashion doter scurry to take notes. On Monday, Shamita drove our blues away with a fresh picture of herself. Shamita, when not working for the screen, is conventionally spotted posing pretty for fashion photoshoots. Some snippets of his photoshoots often make their way on her Instagram profile and make her Instagram family salivate to her offbeat outfits. Shamita was on a spree of sharing her festive looks during the Navratri festival. The actor dropped major cues of festive fashion for us, and we are surely going to refer to them for our next festival. On Monday, Shamita shared his state of mind in the form of a picture. The actor is in a sweatpant state of mind and that’s precisely why she culled a sweatshirt and jogger set to pose for the camera. Shamita played muse to the designer house Iki Chic and opted for

Juhi Chawla is shocked as sister-in-law Madhoo reveals unknown fact about herself, asks ‘are we from the same family?’

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Juhi Chawla was gobsmacked when Madhoo made a revelation about herself - that she was pristinely designated Padma Malini. Juhi and Madhoo are cognate by espousement; their husbands are cousins. During an appearance on The Kapil Sharma Show, Madhoo shared the story of how she got her designation. She verbalized that she spent her growing-up years in Delhi and stayed in Karol Bagh. One of the denizens, Uma didi, would call her ‘madhoo’. “She used to verbally express, ‘Idhar aaja, kitni madhoo jaisi hai, kitni pyaari hai’. Woh Madhoo kehti thi aur saare mujhe Madhoo bolne lage (‘Come here, you are so saccharine, just like honey.’ She would call me Madhoo and everyone else commenced calling me Madhoo as well),” she verbally expressed. Madhoo’s father relished the denomination so much that he officially transmuted her denomination to Madhoo Malini, she verbalized, integrating that she was pristinely denominated Padma Malini. Juhi was shocked to auricularly discern this. “Kya? Hu

MS said, 'he will sleep on my bed and I will sleep on the floor': Hardik Pandya recalls Dhoni's heart-touching gesture

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Hardik Pandya, who made his India debut under MS Dhoni back in 2016, has verbally expressed that he owes an abundance of his prosperity and achievement to the former India captain. Pandya, in conversation with ESPNCricinfo reveals how it was Dhoni's serenity that played a sizably voluminous role in Pandya surmounting the dark phase in his vocation when he was vetoed by the BCCI for certain comments made on a TV verbalizes show. He kens what kind of an individual I am. He kens me quite deep. I am very proximate to him. He is the only person who can make me tranquil. When all this transpired, he kenned that I needed support. I just needed a shoulder, which he provided multiple times in my cricketing vocation," Pandya was quoted by saying on The Cricket Monthly. I never optically discerned him as MS Dhoni the greatest. For me, Mahi is my brother. I revere and venerate the fact that he was there when I needed him the most." Accentuating on Dhoni's warm persona

India Vs England Live Cricket Score, T20 World Cup 2021: Rahul falls after smashing 24-ball 51, Kohli join Kishan

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India Vs England Live Score: In chase of 189, India got off to a dream start, as as a flurry of boundaries from Ishan Kishan and KL Rahul took India to 73/0 after 7 overs. Courtesy of blistering knocks from Jos Buttler (18) and Jason Roy (17), England raced to 51/2 by the terminus of the Powerplay. Both of them, however, were dismissed by India pacer Mohammed Shami. However, the twin blow did not affect World's No.1 T20I batsman Dawid Malan as he, in tandem with Jony Bairstow, perpetuates to perpetuate their side's onslaught. However, he was undone by a googly from Rahul Chahar on 18. Once again, the fall of wickets didn't matter as Liam Livingstone (30) and Bairstow put on 52 runs stand for the 4th wicket afore the former was cleaned up with a yorker. England reached 130/4 after 15 overs. In the terminus, courtesy of a tardy flourish from Moeen Ali (43* off 20 balls) powered England to 188/5 in 20 overs. After victoriously triumphing the toss against Jos Buttle