Bhumika

Bhumika is a business and finance enthusiast. He is passionate about entrepreneurship and leadership and is keen on exploring how evolving business dynamics shape modern-day society.
Balancing Innovation and Accountability

Balancing Innovation and Accountability

Why Must California Lead the AI Regulation?  In 2021, Robert Williams was wrongfully arrested after an AI-powered facial recognition system misidentified him. This incident exposed the risks posed by AI, triggering urgent demands for regulation. AI is rapidly becoming a part of our daily lives, influencing law enforcement, finance, and healthcare sectors. As the global…

Killer AI Robots: The Ultimate Nuclear Deterrent

Killer AI Robots: The Ultimate Nuclear Deterrent

A chilling moment took place in March 2020 during a conflict in Libya; Turkish-made Kargu-2 drones, which are equipped with autonomous AI, allegedly attacked forces without human intervention. This marked a historic moment—the first recorded instance of a drone making lethal decisions independently. While the incident didn’t receive widespread media attention, it shocked the international…

India’s Game Changing Spectrum Decision: What Next? 

India’s Game Changing Spectrum Decision: What Next? 

On Tuesday, the government of India made a milestone decision in the ongoing debate over spectrum allocation. According to the government’s official statement, India will allocate the spectrums for satellite via administrative means, probably setting a price payable on a first-come, first-serve basis rather than the traditional auction route.  This news comes hours after Elon…

Digital Darwinism in Asian Banks: The Rise of Digital-Only Banks in Asia

Digital Darwinism in Asian Banks: The Rise of Digital-Only Banks in Asia

In 2016, a relatively unknown company, Grab, started making waves as a ride-hailing service in Singapore. Fast forward a few years, and now a multi-service platform, Grab made a groundbreaking move, applying for a digital banking license in Singapore. As a result, by 2021, Grab’s digital-only banking service, GSX, was live, offering banking and financial…

Reliance Fires Back On TRAI’s Allocation Decision 

Reliance Fires Back On TRAI’s Allocation Decision 

According to the letter seen by Reuters, Reliance opposed the TRAI decision to allocate the home satellite broadband spectrum, a market that is poised to grow at a pace of 36% a year to reach $1.9 billion by 2030.  The letter mentioned that the company argues that the regulator has wrongly concluded that the broadband…

Manish Tiwary to Join Nestle India as Managing Director 

Manish Tiwary to Join Nestle India as Managing Director 

Nestle, a Swiss multinational food and drink company, has named Minish Tiwary its new leader to oversee India operations. Manish has a long leadership experience, having enlightened two giants with his expertise, Amazon India and Hindustan Unilever.  The Swiss Parent of Swiss recommended that Manish replace Suresh Narayana when he retires as Managing Director. Narayan…

Leadership Lessons From Narayana Murthy, Co-founder, Infosys

Leadership Lessons From Narayana Murthy, Co-founder, Infosys

Can a 70-Hour Workweek Really Define Good Leadership? For today’s generation of professionals, the idea of working 70 hours a week might seem extreme, especially after the tragic death of 26-year-old Anna Sebastian Perayil, an Ernst & Young employee, which sparked heated discussions about toxic corporate cultures and burnout in India. Yet, Narayana Murthy, the…

ASEAN’s Journey to Semiconductor Supremacy

ASEAN’s Journey to Semiconductor Supremacy

Will ASEAN Countries Be Able To Stop China And The US?  A Vietnamese company, Amkor Technology, is a global leader in outsourced semiconductor assembly and testing. In late 2023, they opened a state-of-the-art facility in Bac Ninh, Vietnam. The factory is projected to employ around 10,000 employees at full capacity, a sign that Southeast Asia,…

BharatGen: India’s Revolutionary AI Project

BharatGen: India’s Revolutionary AI Project

India is taking remarkable steps in artificial intelligence (AI) with the launch of BharatGen on Monday, 30 September 2024. The world’s first state-funded generative AI project is focused on Indian languages. Led by IIT Bombay under the National Mission on Interdisciplinary Cyber-Physical Systems, BharatGen aims to democratise AI with open-source models, enabling the creation of…

Leadership Lessons from Akio Toyoda: A Visionary Legacy of Resilience and Innovation

Leadership Lessons from Akio Toyoda: A Visionary Legacy of Resilience and Innovation

In the fast-evolving world of business, the ability to adapt and lead through change is more important than ever. Leaders like Akio Toyoda, the visionary former President and CEO of Toyota Motor Corporation, provide timeless lessons in leadership, innovation, and resilience. From steering Toyota through major global crises to championing sustainability, Akio Toyoda’s leadership offers…