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…
India Inflation Seen Rising to 4% in May on Food Costs
India’s inflation rate likely increased to 4% in May, according to a Reuters survey of economists. The rise was mainly caused by higher vegetable prices and increased fuel costs. For the past 15 months, inflation has stayed below the Reserve Bank of India’s (RBI) target of 4%. However, this trend may be ending as prices…
Swish: Bengaluru’s Fastest-Growing Player in the Quick Food Commerce Boom
Food delivery remains one of the most challenging issues to tackle in a world where convenience is becoming the new standard of consumer preference: long waits, unpredictable delivery times, and inconsistent food quality have become the new reality for millions. While e-commerce has revolutionised how India shops for groceries and purchases goods within minutes, hot,…
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…
Stacey King Dies at 59: Honouring a Chicago Legend
The basketball fans are mourning the loss of Stacey King, a former NBA champion, highly respected broadcaster, and beloved figure in Chicago sports. King, recognised for winning three NBA championships with the Chicago Bulls, has sadly passed away at the age of 59. While most basketball fans recognise him as the energetic voice behind Bulls…
Henry C. Alexander: Chairman & CEO of J.P. Morgan & Co.
Henry C. Alexander’s leadership belongs to a more subdued yet more impactful era in American finance, a time when CEOs were not brands and strategy was not reduced to quarterly sound bites. As Chairman and CEO of Morgan Guaranty Trust Company of New York, the principal banking division of J.P. Morgan and Co., Alexander operated…
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…
Yemen’s Mukalla Crisis and the Emerging Gulf Power Struggle
A Saudi-led coalition airstruck a port city in southern Yemen, the port of Mukalla, on 30 December, hitting a transport of arms destined for the southern separatists, but a delicate peace in the Gulf was rattled. Riyadh said the weapons and supplies were for the Southern Transitional Council (STC) and they were fired from Emirati…
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…