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Eddie Wu will succeed Daniel Zhang as CEO of Alibaba Group-thumnail

Eddie Wu will succeed Daniel Zhang as CEO of Alibaba Group

The Alibaba Group revealed a surprising succession plan on Tuesday. Eddie Yongming Wu, a seasoned e-commerce executive, will succeed Daniel Zhang as the company’s CEO in accordance with this succession

News

Jun 20, 2023

“Sanjay Dutt Ventures into Alcobev Startups: A Spirited Investment!”-thumnail

“Sanjay Dutt Ventures into Alcobev Startups: A Spirited Investment!”

The country recently surpassed France as the UK’s largest Scotch whisky market in terms of volume, with imports experiencing a remarkable 60% surge in 2022 compared to the previous year,

Entertainment

Jun 20, 2023

PM Modi to meet Tesla CEO Elon Musk on his US state visit-thumnail

PM Modi to meet Tesla CEO Elon Musk on his US state visit

Setting off this morning, the Prime Minister embarks on a prestigious State Visit to the United States, an honor typically reserved by Washington DC for its closest allies. The Prime

CXO Insight

Jun 20, 2023

Before PM Modi’s arrival, a contract is finalized for the US to produce F414 jet engines in India-thumnail

Before PM Modi’s arrival, a contract is finalized for the US to produce F414 jet engines in India

During Prime Minister Narendra Modi’s official visit to Washington, DC, there was a big development: the US government gave its blessing for India to produce F414 jet engines. The US

News

Jun 20, 2023

“Adani Group planning to expands Lender Network for $3.8 Billion Loan Refinancing”-thumnail

“Adani Group planning to expands Lender Network for $3.8 Billion Loan Refinancing”

It has been disclosed by these individuals that a majority of Adani’s present lenders, including the leading banks such as Standard Chartered, Barclays, and Deutsche Bank, are likely to partake

Industry

Jun 20, 2023

HDFC AMC Shares Surge 8% as Abrdn Exits, Garnering Rs 3,920.1 Crore-thumnail

HDFC AMC Shares Surge 8% as Abrdn Exits, Garnering Rs 3,920.1 Crore

The transaction involved UK-based Abrdn selling off its entire 10.2% stake, which comprised a hefty 2.18 crore shares in HDFC AMC. The price agreed upon for this substantial holding amounted

News

Jun 20, 2023

PCBL, a manufacturer of carbon black, has announced capacity expansion plans to reach 7,90,000 MTPA and 122 MW of green electricity-thumnail

PCBL, a manufacturer of carbon black, has announced capacity expansion plans to reach 7,90,000 MTPA and 122 MW of green electricity

PCBL has a production capacity of 6,66,000 MTPA (with the commissioning of the first phase of the Greenfield Project in Chennai with a capacity of 63,000 MTPA) and a capability to generate green electricity of 98 MW.

News

Jun 20, 2023

Food safety regulators in Tamil Nadu confiscate 15,000 tonnes of corn from Reliance Industries due to unclean conditions-thumnail

Food safety regulators in Tamil Nadu confiscate 15,000 tonnes of corn from Reliance Industries due to unclean conditions

Due to unsanitary storage conditions at a Tuticorin warehouse, food safety officials have seized 15,000 tonnes of corn owned by Reliance Industries. The food grains were discovered to be pest-infested

Industry

Jun 20, 2023

“Explain This Bob: The Rise and Challenges of a Twitter Bot”-thumnail

“Explain This Bob: The Rise and Challenges of a Twitter Bot”

Prabhu P Biswal, a virtuoso developer from Odisha, has cleverly come up with an avant-garde automaton called “Elucidate Enigma Bob”. This innovative creativity overcomes the challenge of translating the weird metaphors often found in newspaper articles about finance and business. The purpose of this automaton is to summarize complex information into logical and concise paragraphs. Originally conceived as a tool to hone programming skills, it quickly gained widespread acclaim across social media platforms, attracting users worldwide, including revered visionary Elon Musk.

News

Jun 19, 2023

Serentica Renewables places an order with Envision Energy for 350 MW of wind turbines-thumnail

Serentica Renewables places an order with Envision Energy for 350 MW of wind turbines

For the wind park, Envision Energy will deliver 106 units of its cutting-edge EN156/3.3 wind turbine generators. In projects in China and Vietnam, these turbines have already shown to be

News

Jun 19, 2023

Volvo to Embrace Direct-to-Customer Model, Following Mercedes’ Lead-thumnail

Volvo to Embrace Direct-to-Customer Model, Following Mercedes’ Lead

Volvo, the distinguished manufacturer of opulent automobiles, is poised to embrace the Direct-to-Customer (D2C) retail business paradigm, taking cues from the footsteps of Mercedes Benz India.

Automotive

Jun 19, 2023

Bank of England Conducts First System-Wide Stress Test-thumnail

Bank of England Conducts First System-Wide Stress Test

The Bank of England (BoE) has recently initiated its inaugural system-wide “stress test,” aiming to evaluate the collective behavior of major banks, insurers, clearing houses, and investment funds during periods

News

Jun 19, 2023


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