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Tata Group discussing buying Temasek’s stake in Tata Play amidst IPO plans-thumnail

Tata Group discussing buying Temasek’s stake in Tata Play amidst IPO plans

The Tata Group is currently contemplating a buyback of its stake in the content distribution platform from Temasek Holdings.

Business

Jul 6, 2023

TCS planning to train 25000 associates on Microsoft Azure OpenAI -thumnail

TCS planning to train 25000 associates on Microsoft Azure OpenAI 

Tata Consultancy Services (TCS) has recently unveiled an impressive initiative to provide training in Azure Open AI to 25,000 employees in order to better assist clients in embracing this cutting-edge technology.

Business

Jul 6, 2023

Google Accuses India’s Antitrust Body of Favoring Amazon in Business Model Dispute-thumnail

Google Accuses India’s Antitrust Body of Favoring Amazon in Business Model Dispute

Google has lodged a complaint with India’s Supreme Court, alleging that the country’s antitrust regulator, the Competition Commission of India (CCI), ordered changes to its business model solely to protect

Business

Jul 6, 2023

ChatGPT downloads see a fall of 9.7% in June ‘23 for the first time since the launch-thumnail

ChatGPT downloads see a fall of 9.7% in June ‘23 for the first time since the launch

ChatGPT, the AI chatbot that captivate­d the world’s attention, expe­rienced a decline­ in website traffic and unique visitors for the­ first time in June. This data implies a possible­ saturation of interest and an increasing de­mand for real-time gene­rative AI. Furthermore, Ope­nAI’s revenue proje­ctions and market competition are also inve­stigated.

Business

Jul 6, 2023

Pankaj Goel of Razorpay has been appointed as the new CTO of BharatPe-thumnail

Pankaj Goel of Razorpay has been appointed as the new CTO of BharatPe

Since 2022, the fintech business BharatPe has been embroiled in a series of issues. Several C-suite executives have left the organization. Pankaj Goel has been appointed as the company’s new Chief Technology Officer by fintech upstart BharatPe.

Business

Jul 6, 2023

Reliance Jio to sign a $1.7 billion contract with Nokia for 5G network equipment-thumnail

Reliance Jio to sign a $1.7 billion contract with Nokia for 5G network equipment

Reliance Jio Infocomm, a prominent telecom operator in India is on the verge of finalizing a significant contract worth $1.7 billion with Nokia for 5G network equipment. Alongside this deal, Jio is also set to strike a $2.1 billion agreement with Ericsson.

Business

Jul 6, 2023

Meta launches Threads; 2 million signups within 2 hours-thumnail

Meta launches Threads; 2 million signups within 2 hours

Mark Zuckerbergs’ company Meta has recently introduced Threads, a new service that can be seen as a rival to Elon Musks’ Twitter. Just like Twitter. Threads permit users to share

Business

Jul 6, 2023

The FMCG sector will see revenue growth of 7-9% this fiscal year: CRISIL-thumnail

The FMCG sector will see revenue growth of 7-9% this fiscal year: CRISIL

Fast-moving consumer goods (FMCG) industry revenue is anticipated to increase by 7-9% this fiscal year, which is a somewhat slower rate than the 8-9% growth rate seen in the previous

Business

Jul 5, 2023

OPEC+ Alliance Commits to Supporting Oil Market Amidst Challenges-thumnail

OPEC+ Alliance Commits to Supporting Oil Market Amidst Challenges

The ongoing cooperation between Russia and Saudi Arabia within the OPEC+ alliance remains robust, with both nations determined to take necessary measures to support the oil market.

Business

Jul 5, 2023

Swiggy pilot testing Co-branded credit card with HDFC Bank & Mastercard-thumnail

Swiggy pilot testing Co-branded credit card with HDFC Bank & Mastercard

Swiggy, a popular food delive­ry platform, is reportedly partnering with HDFC Bank to launch its own co-brande­d credit card. This move follows the footste­ps of other major Indian e-commerce­ players.

Business

Jul 5, 2023

Carl Zeiss India planning to invest 250 million euros for its new Vision lens factory in Bengaluru-thumnail

Carl Zeiss India planning to invest 250 million euros for its new Vision lens factory in Bengaluru

Carl Zeiss India has announce­d plans to invest more than 250 million euros in the­ creation of its largest vision factory in Bengaluru. This state­-of-the-art facility is expecte­d to be finished by October 2024 and will bring re­markable advancements in le­ns production, with a potential sixfold increase. Its daily output alone­ will reach an impressive 260,000 le­nses.

Automotive

Jul 5, 2023

HDFC Bank Q1 update: Advances become 16% YoY, stores rise 19%-thumnail

HDFC Bank Q1 update: Advances become 16% YoY, stores rise 19%

Confidential area loan specialist HDFC Bank on Wednesday posted its June quarter update for both independent business and the combined element. The bank’s independent business saw a development of almost 16% in progress while consolidated substance’s — HDFC Bank + HDFC — propels have risen by in excess of 13% year-on-year.

Business

Jul 5, 2023


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