Adani Group Plans $3 Billion Cement Expansion to Overtake UltraTech

Mumbai, June 14, 2024 – The Adani Group has unveiled an ambitious plan to invest $3 billion in acquiring significant cement assets, aiming to surpass UltraTech Cement as India’s largest… Read more

Global Stock Markets React to Mixed Economic Data

June 10, 2024 – Global markets are experiencing varied reactions to the latest economic data releases from the United States and China, highlighting the diverse economic challenges and opportunities facing… Read more

Meta Faces Multiple EU Complaints Over AI Data Use

June 8, 2024 — Meta Platforms Inc. is under scrutiny in the European Union, facing eleven complaints from various consumer organizations over its data handling practices for AI model training.… Read more

Lenskart Raises $200 Million; Fidelity Management & Research Joins Funding Round

In a significant move within India’s retail landscape, Lenskart, a leading eyewear retailer and unicorn, has successfully secured $200 million in secondary investment. The funding round saw increased participation from… Read more

“Employees Files Grievance Against Infosys Over Onboarding Delay”

BENGALURU: The Nascent Information Technology Employees Senate (Nites), a union representing IT workers, has lodged a formal complaint against Infosys for purportedly stalling the onboarding process of more than 2,000… Read more

“Tata Group’s Remarkable Five-Year Performance Culminates in Rs 85,500 Crore Profit for FY24”

Tata Group Achieves Record Profit of Rs 85,510 Crore in FY24 As per reports the Tata Group, renowned as one of India’s oldest and most esteemed business conglomerates, has reported… Read more

“OpenAI Takes Action Against AI Misinformation Campaigns on Indian Elections, Israel-Gaza Conflict, and More”

“OpenAI Thwarts Misinformation Campaigns Utilizing AI Models Across Multiple Platforms” As per report On Thursday, OpenAI, under the leadership of CEO Sam Altman, disclosed its successful disruption of five separate… Read more

Yatra Faces Financial Setback with INR 4.5 Crore Loss in FY24

As per reports Online travel aggregator Yatra reported a consolidated net loss of INR 4.5 crore in the financial year 2023-24, marking a sharp contrast from its net profit of… Read more

TCS Collaborates with IIT-Bombay to Develop Cutting-edge Chip Imaging Tool

TCS and IIT-Bombay Collaborate to Develop Revolutionary Chip Imaging Tool As per report Mumbai, India – Tata Consultancy Services (TCS) has announced a strategic partnership with the Indian Institute of… Read more

MX Player Faces 63% Revenue Plunge in FY2023, Continues to Struggle with Declining Earnings

As per report MX Player, one of India’s leading streaming platforms, reported a steep 63% decline in revenue for the fiscal year 2023, underscoring ongoing financial struggles in a fiercely… Read more