India

16-Year-Old Pranjali Awasthi launches AI company with a staggering Rs. 100 Crore valuation
12 Oct

16-Year-Old Pranjali Awasthi launches AI company with a staggering Rs. 100 Crore valuation

Priyanka Bhowmick0 CommentsBusiness, India,
At the entrance to a storm in the tech world, 16-year-old Indian adult Pranjali Awasthi has made waves with her AI startup, Delv.AI. During the Miami Tech Week event, Awasthi unveiled her Brainchild, revealing that she founded the company in January 2022 and has successfully raised nearly $450,000 (Rs 3.7 crore) in funding. Notably, Delv.AI's LinkedIn profile already brings together a team of 10 dedicated professionals. During the event, Awasthi attributed her entrepreneurial journey to her father. Her passion for technology was ignited at a young age, thanks to her engineer father's passion for the promotion of computer science education…
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Google CEO Sundar Pichai reaches out to employees in Israel
11 Oct

Google CEO Sundar Pichai reaches out to employees in Israel

Priyanka Bhowmick0 CommentsBusiness, India,
Sundar Pichai contacted every Google employee in a company-wide email hours after Hamas launched an attack on Israel on Saturday. He said the company has reached out to all employees working or traveling to Israel and will continue to support them. Full text of email accessed by '9 to 5 Google'. Google CEO Sundar Pichai reiterated the sentiment expressed in his email in a post shared on X this morning. Lamenting the increasing clashes, he said the company's priority was to ensure the safety of workers. “Google has 2 offices and over 2,000 employees in Israel. It’s unimaginable what they’re…
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Mukesh Ambani overtakes Gautam Adani to become richest Indian
11 Oct

Mukesh Ambani overtakes Gautam Adani to become richest Indian

Priyanka Bhowmick0 CommentsBusiness, India,
Mukesh Ambani from Mumbai has reclaimed his position as India's richest man, according to the 360 ​​ONE Wealth Hurun India Rich List 2023 released on Tuesday. The 66-year-old Reliance Industries chairman's wealth rose 2% from last year to ₹808,700 crore, while Gautam Adani beat him to the number one slot last year, down 57 percent and is now estimated at ₹474,800 crore. Another billionaire who slipped down the rich list this year was investor and D-Mart promoter Radhakishan Damani who lost 18 percent of his wealth in a year, and the family is now worth ₹1,43,900 crore. This year, despite…
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Dabur completes its cloud migration
10 Oct

Dabur completes its cloud migration

Priyanka Bhowmick0 CommentsBusiness, India,
Dabur India on Monday said it has become a cloud-only enterprise after successfully migrating its on-prem data centers to Microsoft Azure and SAP RISE. It added that it will use emerging technologies like Open AI for digital transformation. It added that the cloud-only approach will help it significantly improve business resilience and enhance its services to retailers, partners, employees and customers. Global Chief Information Officer of Dabur India Limited, Kaustubh Dabral said, "Agility and business innovation are critical to addressing changing market dynamics and consumer expectations. Harnessing the power of the cloud, artificial intelligence and its powerful data foundation will…
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Reliance General Insurance gets GST notices worth Rs 922.58 crore from DGGI
10 Oct

Reliance General Insurance gets GST notices worth Rs 922.58 crore from DGGI

Priyanka Bhowmick0 CommentsBusiness, India,
The Directorate General of GST Intelligence (DGGI) has issued multiple show-cause notices for a tax claim of Rs 922.58 crore from Reliance General Insurance Company (RGIC), a subsidiary of former Anil Ambani group company Reliance Capital (RCAP). The move assumes significance as RCap, which is currently under a debt resolution process through the National Company Law Tribunal (NCLT), constitutes around 70% of RCap's net worth. RGIC received a total of four show-cause notices – Rs 478.84 crore, Rs 359.70 crore, Rs 78.66 crore and Rs 5.38 crore – on revenue generated from its services such as reinsurance and co-insurance, sources…
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Adani Group’s Mundra Port celebrates 25 years of operations
09 Oct

Adani Group’s Mundra Port celebrates 25 years of operations

Priyanka Bhowmick0 CommentsBusiness, India,
Adani Group's Mundra port in Gujarat has completed 25 years of operations, highlighting its growth and transformation into one of the world's largest ports. Since the berthing of the inaugural vessel, MT Alpha, on 7 October 1998, the port has witnessed growth in terms of revenue and technology on the world stage. Gautam Adani Group Chairman Gautam Adani said, "Mundra, to me, is more than just a port. It's a beach of potential for the entire Adani Group. Twenty-five years ago, when we started, we had dreams. A beacon that will represent India's progress. The heartbeat of this commitment resonates…
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MCX gets approval from SEBI tech panel to shift to new platform
09 Oct

MCX gets approval from SEBI tech panel to shift to new platform

Priyanka Bhowmick0 CommentsBusiness, India,
Multi Commodity Exchange of India (MCX) on October 8 said it has received approval from the SEBI Technology Panel to launch a new web-based commodity derivatives platform (CPD) after several delays with the market regulator. "Subsequently, the SEBI Technical Advisory Committee recommended that MCX and MCXCCL may go live with the CDP and inform SEBI of the proposed date of go live," MCX said in a regulatory filing. This development was first reported on October 6 by CNBC-TV18 citing sources. Over the past month, stocks on the Mumbai-based commodity exchange rose 18 percent against a 1.4 percent rise in the…
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India is planning to make its own space station in next 25 years
07 Oct

India is planning to make its own space station in next 25 years

Priyanka Bhowmick0 CommentsBusiness, India, Tech Byte,
After leaving a mark on the Moon with the Chandrayaan-3 mission, the Indian Space Research Organization (ISRO) is now gearing up to set up its first space station. The Indian Space Agency is already working on its Mars and Venus missions and chief S Somnath has revealed ISRO's big plans for the space station. In an interview with CGTN, the ISRO chairman said the Indian space agency is exploring various possibilities for future missions, including a space station and long-duration manned spacecraft launches. "We are looking at all possibilities after the success of the Moon mission," Somanath said. "We are…
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Air India to induct first A350 aircraft in December
07 Oct

Air India to induct first A350 aircraft in December

Priyanka Bhowmick0 CommentsBusiness, India,
Tata Group-owned Air India shared the first look of its new A350 planes wearing a paintjob to match its new livery. The airline rebranded itself earlier this year with a new red-aubergine-gold look and a new logo 'The Vista'. The latest A350 images were clicked at a workshop in Toulouse, France, with newly painted planes arriving in India this winter, the airline said. "Here's the first look of the majestic A350 in our new livery at the paint shop in Toulouse. Our A350s start coming home this winter… @Airbus" Air India said in a post on X, formerly known as…
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Strong tremors felt in Delhi-NCR after 6.2 magnitude earthquake in Nepal
03 Oct

Strong tremors felt in Delhi-NCR after 6.2 magnitude earthquake in Nepal

Priyanka Bhowmick0 CommentsIndia
Massive tremors of earthquake were felt in Delhi-NCR and other region of North India on Tuesday(October 3) and the origin point of the earthquake was in  the neighbouring country Nepal, according to the National Centre for Seismology. The massive tremors were felt in Delhi and other parts of the national capital region. Delhi-NCR residents felt strong tremors after the second earthquake and evacuated offices and buildings. "We hope you all are safe. Please come out of your buildings to a safe spot, but do not panic. DO NOT USE ELEVATORS! For any emergency help, dial 112," Delhi Police said in…
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