India Puts Starlink Services Launch on Hold Amid Review
The commercial launch of Elon Musk’s Starlink satellite internet services in India seems to be on hold after reports emerged that security agencies are looking into potential threats from the utilisation of the service, especially at a time when tensions are escalating following the Iran crisis. This is because the commercial launch of Starlink would…
Leadership Lessons from Srinivas Pallia, CEO and Managing Director of Wipro
It was not just another leadership change at one of the largest Indian IT service companies when Srinivas Srini Pallia assumed the role of Chief Executive Officer and Managing Director of Wipro in April 2024. It signalled a change of leadership to a leader well-versed in the culture and intricate global markets, and set to…
The End of Reactive Finance: Data, Liquidity and FX Power
Today’s finance executives in New York, London, Sydney and Singapore are subjected to a new brutal reality; the old way of looking at history and predicting the next period is no longer enough to support business needs. Over the last few years, expectations of stability have been shattered as inflation has persisted, geopolitical tensions remain…
Karnataka CM Resigns: DK Shivakumar Takes the Mantle
Is it the end of an era for Siddaramaiah in politics? “My entry into politics was accidental, because no one from my family was ever in politics. I had never dreamed that one day I would become an MLA, a minister, the chief minister, or the leader of the opposition,” stated Siddaramaiah while submitting his…
Hindalco Industries Expects India’s Copper Self-Reliance
Hindalco Industries has indicated that India will be able to stop relying on imported copper as early as this year, with the introduction of new smelters and recycling facilities. According to the Managing Director, Satish Pai, there is ample opportunity for domestic production capacity to expand and provide greater access to recycling, thereby significantly boosting…
X Empire Riddle of the Day: Smart Hacks to Earn
Stuck on Today’s Riddle and looking for Answers? In all honesty, you opened the game, saw the riddle, and thought to yourself: “What does this question even mean?” You’re not alone in this rat race. Thousands of players search for the X Empire riddle of the day, daily trying to crack the code. But, if…
BofA India Settles SEBI Insider Trading Probe
Bank of America’s Indian investment banking arm has reached a settlement with market regulator SEBI to resolve accusations of insider trading and merchant banking rule violations. The Securities and Exchange Board of India issued a settlement order, which BofA Securities India accepted by paying ₹58.5 lakh to resolve the matter without admitting or denying the…
PNB Boosts Cybersecurity Budget Amid Rising AI Threats
India’s Punjab National Bank (PNB) is increasing its spending on cybersecurity and speeding up the purchase of new technology to protect itself from growing digital threats. These now include risks from advanced artificial intelligence systems such as those developed by Anthropic. On Tuesday, a senior official from PNB Bank said that they have set aside…
India’s Food Delivery Market Hits Another Growth Spurt
The Indian food delivery market is entering its biggest growth period to date. This time around, the main drivers are not new customer acquisition but frequent reorders, new market penetration, especially in tier-2 cities, and an increased Average Order Value (AOV), as per a report by Investec. The sector was valued at around $9.1 billion…
A Complete Guide on Which FD is Best for Smart Investing
If you are new to the investing world with zero clue of what, where or when to invest, especially when it comes to choosing the right fixed deposit. Or simply trying to figure out which FD is actually worth your time or money? You are not alone in the rat race of securing your future….