Videocon CEO Venugopal Dhoot Arrested after ICICI Bank CEO Chanda Kochhar
In connection with the suspected cash laundering case involving both ICICI Bank and Videocon, the Central Bureau of Investigation arrested Videocon Chief Executive Officer Venugopal Dhoot on Monday. The CEO is under investigation in Mumbai. Later on in the day, the CBI would present him in front of a Mumbai Special CBI court. The investigation […]
Bisleri, a packaged drinking water company partners with Gujarat Titans
Bisleri, a packaged drinking water company, has announced Gujrat Titans as its official hydration partner. According to the company, the partnership will last three years, beginning with the 2023 cricket season. Cricket, as a sport, connects the entire country in terms of athletic performance and endurance, according to Jayanti Chauhan, vice chairperson of Bisleri International […]
Digi Yatra App- All you need to know about this new venture!
The very famous Digi-Yatra program is the biometric boarding system that uses Facial Recognition System (FRS) at Indian airports, to create a seamless, paperless, and contactless check-in and boarding adventure for travellers. The main advantage of the approach is that it expectes to lower the congestion seen at airports. As Digi-Yatra is in its pilot […]
Wipro marks its debut in Food Industry, acquires Kerala’s Nirapara
A subsidiary of Wipro Enterprises, Wipro Consumer Care and Lighting, announced the acquisition of Kerala-based packaged food and spices brand, Nirapara for an undisclosed amount. However, they have not made a formal announcement yet, but Wipro will disclose the agreement soon. With this, Wipro marks its debut in the packaged ready-to-cook food segment. About Nirapara: […]
Bernard Arnault surpassed Elon Musk to be the World’s most richest person
Bernard Arnault, the french tycoon, CEO, and Chairman of Louis Vuitton or LVMH, have recently pipped Elon Musk to be the richest person in the world. On the list of Forbes real-time billionaires, Bernard Arnault has secured his place on the 1st rank with a wealth of $188.6 billion; however, Tesla’s Elon Musk slipped to […]
YES Bank enters top-100 most valued firms list, as they rallied 27% in 3 days
YES Bank, as per the weekly timeframe chart, is indicating a formation of a significant bottom reversal pattern like rounding bottom and is currently witnessing an upside breakout of the rounding bottoming pattern. Lately, YES Bank joined the list of Elite members of the Top 100 most valued listed companies in the terms of market […]
Samsung collaborated with Korean giant Naver for developing next-generation AI chips
Samsung, the global head in advanced memory technology notified on Tuesday that it has collaborated with the Naver Corporation, an international internet giant to invent next-generation artificial intelligence (AI) chips, in a measure to improve the efficiency of processing large AI data. This is a comprehensive partnership with Naver, the global internet giant that provides […]
PepsiCo announced to layoff ‘hundreds of employees’ at its New York HQ
PepsiCo Inc. is laying off headquarters employees from its North American snack and beverage units, in keeping up with the Wall Street Journal, in a signal that company discounts are starting to extend beyond technology and media organizations. The Purchase, a New York-based enterprise will brush aside loads of personnel, the reports suggested on Monday, citing an internal memo. The reports stated that PepsiCo defined the layoffs as meant to “simplify” the organization. PepsiCo spokesperson didn’t respond at once to requests for comment. The corporation’s stocks edged up 0.1% […]
What does Gautam Adani’s partial takeover of NDTV mean for television news?
As Prannoy and Radhika Roy are founders of the leading Indian news network New Delhi Television (NDTV). Earlier this week, they resigned from RRPR, a holding corporation that owns 29 percent of NDTV, the news channel they founded. AMG Media Network, part of the $23-billion Adani Group, obtained RRPR, initiating an open offer for an additional 26 percent. When it receives the ultimate share, Chairman Gautam Adani, the world’s third-richest man, might own over 55 percent of one […]
Chaos at Twitter as employees flee after Musk’s mass layoffs
The crisis emerged as hundreds of employees will be leaving the company after rejecting the demand from Elon Musk to sign up for long hours at high density. As the company closed its several offices temporarily, Twitter users started saying goodbye. Elon Musk had spelled out an ultimatum by sending emails to the employees that […]
