Renowned Investor Warren Buffett To Invest In IndiaÂ
Warren Buffett, a world-famous investor, sees great investment opportunities in India. The billionaire expressed his interest in Berkshire Hathaway’s annual meeting on Friday. Buffett acknowledged the high growth potential of the Indian economy, which is currently the fifth-largest in the world. In a press conference, he also highlighted the possibility of future ventures in India. …
Google Laysoff 200 Employees, Prepares Job Shifts
Just after the earnings report for the first quarter, on 25th April, Google made a strategic move. They laid off at least 200 employees from the core team in the USA and are planning to shift a few of these job roles to India and Mexico. This decision is part of their ongoing efforts to…
Russian Oil Impact: India Saves $7.9 Bn On Oil Imports
Lately, the conflict in some parts of the world has increased the price of crude oil, threatening developing economies like India. However, India’s friendship with Russia has paid off again. According to ICRA, India saved more than $7.9 billion on oil imports in FY 23-24 by buying discounted crude oil from Russia. This is a…
Godrej Family Split: Brothers To Go Their Separate Ways
The Godrej Family, a titan in the Indian industrial landscape, has just announced the split of the 127-year-old conglomerate into two separate entities. The news broke out on Tuesday following a long meeting held by the family. After the meeting, now there are 2 separate Godrej entities, Godrej Enterprises Group and Godrej Industries Group. Godrej…
The Dangerous FavoursÂ
In a significant disclosure, Emma Reilly, a former Office of the High Commissioner for Human Rights (OHCHR) employee, has made serious accusations against the United Nations. She alleges a troubling connection between OHCHR and the Chinese Government. The UK Parliament’s Foreign Affairs Committee has published written testimony it gathered as part of its inquiry into…
CEO Hemant Bakshi Quits, OLA To Let Go Of 10% Workforce
After four months as the CEO of India’s biggest ride-sharing transportation company, OLA, Hemant Bakshi has now stepped down. Moreover, the company is said to be performing a restructuring exercise that will affect about 10% of the total staff. Bakshi joined the company in January to supervise the day-to-day operations of the ride-hailing company. According…
USA AI Advisory: Building An AI Proof Infrastructure
Countries worldwide are looking for ways to safeguard their infrastructure from AI attacks, and the USA has finally taken the first step towards devising a plan. The US government has formed an AI advisory. It has included tech leaders like Satya Nadella of Microsoft, Sundar Pichai of Alphabet, Sam Altman of OpenAI, Jensen Huang of…
Future of Indian Telecom & OTT: If Jio Holding The Key
India’s biggest company, Reliance’s Jio, has been rewriting how we consume data and content for quite some time now. On that note, we have two pieces of news for you that will shape the way how we interact with content and telecom. So, let’s start. Reliance Jio Becomes The Biggest Telecom Operator In The World…
One Nation, One Election: Reform or Unconstitutional?Â
Prime Minister Narendra Modi released the Bhartiya Janata Party’s manifesto, titled ‘Sankalp Patra’, for the upcoming Lok Sabha elections on April 14th, coinciding with the birth anniversary of BR Ambedkar, the architect of the Indian Constitution. The manifesto focuses on a vision termed “Viksit Bharat”, featuring initiatives such as India’s bid for the Olympics in…
Asian Business News Recap: Top News From The Region
Asia is the centre stage of global economy and trade since it is home to two of the world’s biggest and fastest-growing economies. Let’s quickly review the top business news from Asia to understand better what is brewing in the region. Samsung Unveils State-Of-The-Art AI Television Technology Korean tech giant Samsung, the world’s biggest television…