Llama 4 by Meta: A Game-Changer in AI Technology
Meta has officially introduced Llama 4, its most advanced AI model to date, marketing the significant leap in its ongoing commitment to advancing artificial intelligence. In a video on Instagram, Meta CEO Mark Zuckerberg shared the company’s bold AI ambitions. “Our goal is to build the world’s leading AI, open source it, and make it…
Sumit
Starbucks Announced To Terminate Its Corporate Employees
An American company that operates the largest coffeehouse chain and one of the most recognisable brands in the world announced the cut of 1,100 jobs as part of its ongoing effort to streamline operations and increase overall efficiency. The coffee giant decision comes as it looks to restructure its corporate workforce to better align with…
Himanshu
IHCL to Establish a New Taj Hotel in Mumbai in 4 Years
Tata Group-backed Indian Hotels Company (IHCL) will build a new Taj hotel named Taj Bandstand in Mumbai. The company invested ₹2500 crore for the project and has received all approvals, including IOD (Intimation of Disapproval) and provisional Fire NOC (No Objection Certificate). This new Taj Bandstand will comprise 330 rooms, 85 apartments, and convention spaces…
Meta Layoffs 2025: Over 3000 Employees to Lose Jobs
California-based Meta Platform Inc. is dismissing 3,000 employees, 5% of its workforce. An internal memo informed employees about this on Friday, February 7, 2025. The layoff process started on Sunday, February 9, 2025, at 2:30 AM IST (Indian Standard Time). Meta, VP (vice president) of human resources, Janelle Gale, posted the memo on Meta’s workplace…
Yash Sharma
Zomato Rebrands As Eternal – Introduces New Logo
The Indian multinational restaurant aggregator and food delivery company Zomato introduced a new logo on Thursday, February 6, 2025, and shared that it has renamed itself “Eternal.” This move comes after 2 years since the company began using the new name internally. The Eternal company comprises four major businesses: Zomato, the food delivery company; Blinkit,…
Shipra Prajapati
OpenAI CEO Visits India: First Visit After June 2023
OpenAI CEO (Chief Executive Officer) Sam Altman landed in India late at night on February 4, 2025. It’s his first visit after he came to India in June 2023, when he discussed AI regulations with PM Modi. Sam Altman will first meet PM Modi and then India’s IT, Rail, and I&B Minister Ashwini Vaishnaw on…
Suryansh
Rikant Pitti Becomes The New CEO Of EaseMyTrip
The Indian multinational online travel company EaseMyTrip announced on Wednesday, January 1, 2025, that its Co-Founder and CEO, Nishant Pitti, has resigned due to personal reasons. Now, his brother and Co-Founder, Rikant Pitti, has taken charge as the company’s CEO. Rikant is currently EaseMyTrip’s Executive Director. In its disclosure, EaseMyTrip shared that Rikant Pitti’s current…
ZEEL’s Punit Goenka Withdraws From MD Reappointment
ZEEL (Zee Entertainment Enterprises) CEO Punit Goenka withdrew his consent for re-appointment as MD; he stepped down as MD last week. ZEEL CEO shared in his letter, “I hereby tender my resignation from the office of MD of the company with immediate effect to entirely focus on my operational responsibilities. Accordingly, I withdraw my consent…
abhinav singh
Leadership Shakeup: Embassy REIT CEO To Be Suspended
Capital markets regulator SEBI (Securities and Exchange Board of India) directed EOPMSPL (Embassy Office Parks Management Services Pvt Ltd) to suspend its CEO (Chief Executive Officer), Arvind Maiya. An interim CEO will be appointed immediately in place of Arvind Maiya, according to SEBI. Currently, the SEBI has imposed a Rs 50 lakh penalty on Arving…
Vipin
RBI Approves Ex-CEO Of IOB To Lead Bandhan Bank
The Central Bank of India approved Partha Pratim Sengupta as the CEO and managing director of Bandhan Bank on Thursday, October 10, 2024. Partha has been working in the banking industry for more than four decades and has held leadership positions at the country’s largest state owned bank, SBI. Moreover, according to Reuters, Sengupta served…
ABHYUDAYA MITTAL