Ratan Tata’s Demise Shakes India’s Self-Reliance Vision
Ratan Tata, one of India’s leading business tycoons and industrialists, died on Wednesday at the age of 86 after a prolonged illness. He led the TATA group for 21 consecutive years from 1991-2012, the same period when the Tata conglomerate grew into a multinational giant. On Ratan Tata’s death, his family in a statement mentioned,…
Shipra Prajapati
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…
Suryansh
Ola Electronics Receives Regulatory Notice
The Central Consumer Protection Authority (CCPA) issued a notice to Bangalore-based electronic manufacturer Ola on October 3, considering a bundle of consumer complaints regarding service issues. The notice suggested that the electronic scooter company had breached multiple Consumer Protection Act 2019 provisions, including deficiencies, misleading advertisements, unfair trade practices, and consumer rights violations. The National…
Gaming Giants Make Eye-Catching Strategic Move into Indian Market
Flutter Entertainment recently made a major move in India by launching its new Global Capability Centre in Hyderabad. The iGaming powerhouse invested a whopping $3.5 million into the project, which clearly shows their belief in India’s growing technology market and the country’s skilled workforce. The new centre is located in RMZ Spire at Knowledge City,…
John David
Zomato Offering Generous ESOP To Its Employees
Popular food delivery brand Zomato has granted nearly 12 million stock options under its employee stock option plan (ESOP). In an official filing, the company stated that 11,997,768 stock options had been secured for the employees under its ESOP 2014 and ESOP 2021 schemes. The stock options are estimated to be worth around Rs. 330…
Vipin
Adani, Google Join to Power India’s Clean Energy Future
Adani Group and Google collaborated to advance the companies’ joint sustainability objectives and contribute to the growth of clean energy in India. Through the collaboration, Adani will be able to provide clean energy from a brand-new solar-wind hybrid project in Khavda, Gujarat, the site of the largest renewable energy plant in the world. According to…
ABHYUDAYA MITTAL
Anil Ambani To Invest In Solar & Hydropower Projects
The Indian business tycoon and the managing director of Reliance Group, Anil Ambani, has taken a bold move. He has announced a significant investment in Bhutan to plant 1270 megawatts of solar and hydroelectric power projects, which could entail investments of up to $1 billion. Reliance Enterprises has partnered with Bhutan’s Druk Holding and Investments…
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…
Viacom18-Disney Merger Approved, Star India Gets Licence
Reliance gets the government’s approval to transfer Viacom18’s non-news and current affairs TV channel licences to Star India as part of their merger. The approval, granted on Friday, September 27, 2024, comes with conditions set by the Competition Commission of India (CCI). This decision follows the CCI’s approval of the merger between Reliance and Disney’s…
Airtel’s AI Tool Detects 110 M+ Spam Calls On Day 1!
Bharti Airtel, the third-largest telecom operator in the world, launched its in-house AI spam call detector to address growing concerns about spam calls and messages. The newly launched AI model scanned over 1 trillion records in real-time and sniffed out 115 million spam calls and 3.6 million spam messages on day one itself. Bharti Airtel’s…