Leadership Lessons: Adena Friedman, CEO of Nasdaq
In a business traditionally anchored in customs and closed hierarchies, Adena Friedman managed to revolutionise the entire industry, not only in how markets are operated but also in how leaders think and behave. Friedman is not only at the helm of one of the world’s largest stock exchanges but also serves as the President and…
Adani Opts for Arbitration in Bangladesh Dispute
Adani Power in India announced on Monday that it has opted for an international arbitration process to settle disputes over Bangladesh’s power supply payments. The company has been at odds with the Bangladesh Power Supply Board over pending payments for the electricity it supplies as part of the 2017 pact signed by both parties. “There…
OpenAI Proposes Free ChatGPT Go in India For One Year
Microsoft-backed OpenAI announced on Monday that it will offer a ChatGPT Go subscription for free in India for 1 year, beginning November 4. This remarkable move was taken to expand adoption in its second-largest market. The earlier OpenAI subscription plan, offered in August in India, is the most reasonable and is now priced at ₹399…
Amazon Layoffs 30,000 Corporate Jobs Starting Tuesday
India’s biggest online store, Amazon, has decided to eliminate employees from high-profile jobs such as human resources and other divisions beginning on Tuesday. The company expected to cut 30,000 corporate jobs, which represent a small portion of Amazon’s 1.55 million total employees, but a significant portion, about 10%, of its 3,50,000 corporate employees.  Amazon is…
The Offer He Refused: How a 24-Year-Old Outsmarted Meta
At just 24 years old, Matt Deitke, a PhD dropout turned AI innovator, pulled off a rare feat. He turned down Meta’s eye-watering offer of $125 million over four years. Meta had spotted him while he was making waves at the Allen Institute for AI, after he led development of Molmo, a multimodal AI chatbot…
Scimplify: Revolutionising Speciality Chemicals from Lab to Market
Scimplify is reinventing the sourcing, production, and delivery of speciality chemicals through special R&D competence, digital technology, and a worldwide, quality manufacturing network. Since its inception in mid-2023, the startup has become a full-stack, B2B player in the speciality chemicals industry, seeking to simplify all aspects of the product lifecycle. A Scale‑driven Science‑First Platform Scimplify…
India Turns to Europe to Reduce Impact of US Tariffs
Indian textile exporters are seeking buyers in Europe and offering discounts to existing customers as they implement corrective measures, anticipating that tariffs will reach 50%. President Trump doubled the tariff in August, which is the highest for any trading partner and affects goods and manufactures ranging from garments to jewellery. A Mumbai-based textile exporter said…
How Smart Diversification Builds Adaptive Power
Amidst geopolitical tremors, tech disruption, and the climate crisis, one strategy has regained its rightful place on the boardroom table, ‘diversification’. Once regarded merely as a risk management tool or investor portfolio concept, diversification has reemerged as a central driver of innovation, resilience, and long-term competitiveness. In today’s boardrooms, the common is not – Are…
Centre Approves the Project of NaMo Semiconductor LabÂ
Ashwini Vaishnaw, Union Minister of Information and Technology, has approved the establishment of the NaMo Semiconductor Lab at IIT Bhubaneswar (IITBBS) to strengthen India’s semiconductor ecosystem. An official statement from the Union Ministry, issued on Sunday, states that the project is funded at ₹4.95 Crore under the Members of Parliament Local Area Development (MPLAD) scheme….
Smart Factories, IIoT & Predictive Maintenance in Focus
Rapidly moving into practice, Industry 5.0 no longer raises the question of what it is for global manufacturers, but rather what it will mean to individual manufacturers. Are we ready for it? However, continuing and expanding on the trends established by Industry 4.0, automation, robotics, and real-time information, Industry 5.0 further emphasizes the collaboration of…
