Author: Ansh Singh

New Delhi, 20 August: Blue Cloud Softech Solutions Limited  has entered into a Memorandum of Agreement (MoA) with the Global Council for Investment and Business for Africa (GCIB) and Afro Mobile SARL, a Côte d’Ivoire-based telecommunications and digital infrastructure company, to jointly pursue telecom and digital infrastructure projects across the African continent. The agreement, dated August 7, 2026, was formally executed on August 19, 2026, following signatures from all three parties. The company disclosed the development to stock exchanges on August 20, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The MoA lays out…

New Delhi: For decades, Silicon Valley and New York were among the most important destinations for America’s technology billionaires. Now, Miami is increasingly becoming part of that conversation. Some of the biggest names in technology, including Jeff Bezos, Mark Zuckerberg, Sergey Brin and Larry Page, have been linked to the Miami area as wealthy Americans increasingly look toward Florida for lifestyle and financial advantages. The appeal begins with taxes. Florida does not impose a state personal income tax, making it attractive to high-net-worth individuals. This becomes especially important for billionaires whose wealth is linked to company shares, investments and large…

New Delhi: At seven years old, Onkar Singh Batra entered the Guinness World Records as the world’s youngest male webmaster. Today, at just 20, he is working on a much bigger problem: how to keep satellites connected when they move beyond the range of ground stations. Batra is the founder of Apolink, a space-technology startup developing a satellite communication system designed to create a continuous communication layer for spacecraft in low Earth orbit. The company has raised $4.3 million, giving the young entrepreneur backing to pursue a problem that is becoming increasingly important as the number of satellites in space…

New Delhi: Entrepreneurship is often associated with business degrees, large investments and years of corporate experience. Durgesh Shimpi’s story challenges that idea. At just 16, the Maharashtra teenager has built a banana-chips business called MH19 Chipsvala, reportedly valued at around ₹3 crore. What makes his journey unusual is not only his age, but also the personal circumstances that shaped his decision to become an entrepreneur. Durgesh lost his father when he was only nine years old. The experience forced him to understand responsibility at an unusually young age. Instead of waiting until adulthood to enter business, he began learning about…

Ahmedabad: At a time when Indian entrepreneurs are expanding their businesses across borders and affluent families are taking a more global approach to wealth planning, Dhananjaysinh Chudasama has built a business around helping them navigate one of the world’s most specialised advisory sectors: investment immigration. As Founder and CEO of MyRCBI.com and Founder of EB5 Consultancy, Chudasama has advised more than 250 Indian families on residency and citizenship by investment programmes. His work spans several international jurisdictions, with the US EB-5 Immigrant Investor Programme accounting for a significant share of his advisory practice, alongside selected residency and citizenship programmes in…

Gandhinagar (Gujarat) August 17: VMS TMT Limited, a Gujarat-based manufacturer of TMT Bars and Billets, announced its Unaudited Financial Results for the quarter ended June 30, 2026. The Company delivered a positive start to FY27, supported by its integrated manufacturing capabilities, in-house billet production and established distribution network across Gujarat. During the quarter, VMS TMT continued to strengthen operational efficiency, enhance manufacturing integration and focus on consistent product quality, cost optimisation, and sustainable business growth. Key Financial Highlights – Q1 FY27(₹ Lakhs) Particulars Q1 FY27 Q1 FY26 Total Income 24,787.89 21,339.35 EBITDA 1,218.93 2,061.76 Net Profit 446.75 857.64 Business Highlights Backward…

Standalone Revenue Grows 37.4% YoY | Consolidated Revenue Grows 15.9% YoY The Board of Directors of Jinkushal Industries Limited (“Jinkushal” or “the Company”), at its meeting held today, approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, prepared in accordance with applicable provisions of the Companies Act, 2013, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Indian Accounting Standards (Ind AS). Jinkushal continued its growth momentum during Q1 FY27, with standalone revenue from operations increasing 37.4% year-on-year to ₹5,129.42 lakhs from ₹3,732.17 lakhs in Q1 FY26. Consolidated revenue from operations increased 15.9% year-on-year…

New Delhi: Elon Musk, the billionaire entrepreneur behind Tesla, SpaceX and several major technology ventures, has sparked a fresh debate over wealth, artificial intelligence and philanthropy after suggesting that he may eventually give away a large part of his fortune. The discussion began after economist Daron Acemoglu challenged Musk’s view that rapid advances in artificial intelligence and robotics could make money far less important in the future. Acemoglu argued that if Musk truly believes technology will create a world of abundance, he should consider committing much of his wealth to charitable causes within the next decade. Musk responded that he…

New Delhi: Gautam Adani’s business empire is entering another aggressive expansion phase. From ports and airports to power, renewable energy, data centres and defence, the Adani Group is putting billions of dollars into infrastructure. The strategy could benefit from India’s long-term growth, but it also raises a bigger question: Can such massive spending eventually generate strong returns? The scale of the investment is striking. The Adani portfolio reported its highest-ever capital expenditure in FY26, with more than ₹1.5 lakh crore invested across infrastructure and related businesses. The group says this was among the largest annual capital-spending programmes by an Indian…

New Delhi: For years, Mukesh Ambani and Gautam Adani have built two of India’s biggest business empires. But their competition is now moving beyond the race for wealth. The two groups are increasingly entering the same industries, from energy and infrastructure to artificial intelligence, data centres and manufacturing. Reliance Industries has spent the last decade transforming itself from an oil and petrochemicals giant into a diversified technology and consumer company. Jio helped Ambani build one of the world’s largest telecom businesses, while Reliance Retail has become a major force in India’s consumer market. Adani, meanwhile, has built an empire around…