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MRF becomes the first Indian stock to touch Rs.1 lakh per share mark Written by Sanjay Kumar MRF makes history, touching one lakh rupees per share mark. Strong Q4 performance: 86% YoY profit increase, 10.12% YoY revenue rise. Analysts recommend MRF for long-term investors due to strong balance sheet and diversified revenue streams. MRF Tyre company Type – Public Traded as – BSE: 500290 NSE: MRF ISIN – INE883A01011 Industry – Tyres, Rubber products Founded – Tiruvottiyur, Madras, Tamil Nadu, India (1946; 77 years ago) Founder – K. M. Mammen Mappillai Headquarters – Chennai, Tamil Nadu, India Area served -…

India, Turkey, Nigeria threatened to shut down Twitter, reveals founder Jack Dorsey Written by Sanjay Kumar News Highlights Twitter faced shutdown threats in India, Nigeria, and Turkey over account restrictions. India targeted journalists and protesters during the farmers’ protest on Twitter. Turkey and Nigeria pressured Twitter with bans, raising human rights concerns. Jack Dorsey Chief Executive Officer of Square Born: 19 November 1976 (age 46 years), St. Louis, Missouri, United States Net worth: 430 crores USD (2023) Forbes Organizations founded: Twitter, Block Parents: Marcia Dorsey, Tim Dorsey Education: Bishop DuBourg High School, MORE Full name: Jack Patrick Dorsey Board member…

Meet Kairan Quazi: The 14-Year-Old Prodigy Hired by Elon Musk’s SpaceX Written by Sanjay Kumar SpaceX, led by Elon Musk, recently made headlines by hiring a remarkable 14-year-old prodigy, Kairan Quazi, to join its Starlink engineering team. Despite his young age, Quazi successfully cleared the company’s ‘technically challenging, fun’ interview process ahead of his graduation from Santa Clara University’s School of Engineering. Once he completes his studies, Quazi will make history as the youngest-ever graduate from the college and assume his role as SpaceX’s youngest employee to date. “Next stop: SpaceX! I will be joining the coolest company on the…

Cyclone Biparjoy Brings Rainfall to Mumbai, Air India Schedules Disrupted Written by Sanjay Kumar The India Meteorological Department (IMD) forecast light to moderate rainfall with gusty winds of 45-55 kmph at isolated locations in various parts of Maharashtra, including Thane, Raigad, Mumbai, and Palghar on Monday, June 12. Today morning, Mumbai experienced high tide waves due to the intensification of cyclone Biparjoy into a severe cyclonic storm. Rains were observed in several areas of Mumbai and Maharashtra on Sunday night. Consequently, Air India has announced flight delays and cancellations due to the prevailing weather conditions. “Due to unfavorable weather conditions,…

After 27 Years, Miss World 2023 Set to Take Place in India Written by Sanjay Kumar After an absence of nearly three decades, India is preparing to host the Miss World 2023 competition, marking the return of the highly anticipated international beauty pageant to the country. The exact dates for the 71st edition of Miss World, scheduled for November this year, have yet to be confirmed. The last time India hosted the prestigious pageant was in 1996. During a press conference on Thursday (June 8), Julia Morley, the chairperson and CEO of the Miss World organization, expressed her delight in…

India and New Zealand Collaborate to Enhance UPI Facilitation & Resolve Trade Challenges Written by Sanjay Kumar India New Zealand President: Droupadi Murmu Prime minister: Chris Hipkins Capital: New Delhi Capital: Wellington Prime minister: Narendra Modi Dialing code: +64 Official languages: Hindi, English Official languages: Māori, English, New Zealand Sign Language Government: Parliamentary system, Constitutional republic, Federal republic, Parliamentary republic Continent: Oceania India and New Zealand held discussions on Thursday (June 8) to enhance cooperation in various areas. They aimed to improve the facilitation of the UPI system, resolve trade issues promptly, address work visa matters, and strengthen banking…

Meta Verified Launches in India: A Closer Look at Cost & Essential Details Written by Sanjay Kumar Meta Technology company Founders: Mark Zuckerberg, Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, Chris Hughes CEO: Mark Zuckerberg (Jul 2004) Headquarters: Menlo Park, California, United States Subsidiaries: WhatsApp, Giphy, Novi Financial, Inc., Kustomer, MORE Founded: February 2004, Cambridge, Massachusetts, United States CTO: Andrew Bosworth CFO: David Wehner Meta has recently announced the availability of its subscription model, Meta Verified, in India. This exciting news follows the introduction of a waitlist in the country five weeks ago. Mark Zuckerberg shared the update on his Instagram…

The Countdown Begins: Salman Khan to Host Bigg Boss OTT 2 Premiering on THIS Date Written by Sanjay Kumar Bigg Boss 2006 ‧ Reality ‧ 16 seasons of episodes: 1,608 of seasons: 16 Awards: Indian Telly Award for Best Reality Show, MORE Based on: Big Brother Original languages: Hindi; English Bigg Boss OTT is back with its latest season, promising another round of madness and new contestants. This year, the iconic superstar Salman Khan will take on the role of the host. After Karan Johar hosted the first season, where Divya Agarwal emerged as the winner, the makers decided to…

‘Adipurush’ Team Reserves a Seat for Lord Hanuman in Every Theatre – Here’s Why Written by Sanjay Kumar Adipurush 2023 ‧ Drama/Fantasy ‧ 2h 54m Release date: 16 June 2023 (India) Director: Om Raut Producers: Om Raut, Bhushan Kumar, Krishan Kumar, Prasad Sutar Distributed by: AA Films Adapted from: Ramayana Languages: Hindi; Telugu The team behind the upcoming mythological drama ‘Adipurush’ has taken a special initiative to honor the beliefs and faith of the audience. They have reserved a seat for Lord Hanuman in every theatre where the movie will be screened. Directed by Om Raut and starring Prabhas in…

After Adani Group, Hindenburg Exposes Financial Discrepancies in Nigeria’s Tingo Group Written by Sanjay Kumar Following a scathing report from Hindenburg Research, shares of New Jersey-Tingo Group plummeted by more than 50 percent. Hindenburg Research labeled the company an “obvious scam” and exposed alleged falsifications in its financial records. The report shed light on significant inconsistencies and red flags within Tingo Group’s operations, including concerns about the CEO’s background, unverified business claims, and financial discrepancies. Tingo Group, which maintains diversified business interests in mobile phones, food processing, and an online food marketplace primarily in Nigeria, operates across Africa, Southeast Asia,…