India

India is closely monitoring China’s intentions to use hydropower projects
28 Mar

India is closely monitoring China’s intentions to use hydropower projects

Banasree Sarkar0 CommentsIndia
India is closely monitoring China's ambitions to use the Brahmaputra River for hydroelectric projects, Minister of State for External Affairs Kirti Vardhan told the Rajya Sabha in a written response. He explained that the Indian government closely monitors the situation and implements the necessary preventive and corrective actions to protect the lives and livelihoods of those residing in the downstream areas. It is anticipated that the Chinese dam on Tibet's Yarlung Tsangpo River will generate 300 billion kWh of electricity annually. However, its effects on water and biodiversity in Assam and Arunachal Pradesh have been questioned. On December 30, 2024,…
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India’s world record of 603 runs against South Africa in women’s Tests
29 Jun

India’s world record of 603 runs against South Africa in women’s Tests

Banasree Sarkar0 CommentsSports
India scored 603 runs in the first test against South Africa. This is the most runs scored in an innings in women's cricket in Tests. Harmanpreet Kaurera set a record at the MA Chidambaram Stadium in Chennai on Saturday. They broke the Australian record. Australia had earlier scored 575 runs. That was the most runs in an innings in women's cricket. Indian girls broke that record. Harmanpreet declared 603 runs against South Africa. Shefali Verma set a world record on Friday. She scored the fastest double century in women's cricket. India set another world record on Saturday. This time, though,…
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After defeating Pakistan by 6 runs, India’s horse race to the World Cup
10 Jun

After defeating Pakistan by 6 runs, India’s horse race to the World Cup

Banasree Sarkar0 CommentsSports,
India could not bat a full 20 overs against Pakistan on the New York pitch. They were all out for 119 runs in 19 overs. After that, Rohit Sharma defeated Pakistan by six runs. Rohit revealed the mantra he gave to the team's bowlers at the break of the inning. At the end of the match, Rohit said that he knew that Pakistan would also have problems scoring runs on this pitch. That is what he explained to the bowlers. Rohit said, “We thought we could score more runs. 119 runs is not much. But we were confident. I told…
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Ola founder’s Krutrim becomes first AI unicorn startup
27 Jan

Ola founder’s Krutrim becomes first AI unicorn startup

Priyanka Bhowmick0 CommentsBusiness, India,
Krutrim, a homegrown AI company of Ola's Bhavish Agarwal, on Friday announced that it has successfully closed its first funding round with a significant $50 million investment. Led by key investors including Matrix Partners India, the round valued Krutrim at $1 billion, making it India's fastest unicorn and the country's first AI unicorn. On the announcement, Agarwal said, "At Krutrim, we are committed to building India's first complete AI computing stack. We are thrilled to announce the successful completion of our first funding round, which not only validates the potential of Krutrim's innovative AI solutions but also underscores investors' confidence…
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Microsoft’s market cap crosses $3 trillion
25 Jan

Microsoft’s market cap crosses $3 trillion

Priyanka Bhowmick0 CommentsBusiness, India,
Microsoft joined Apple as a three-trillion-dollar company on Wednesday, as its big bet on artificial intelligence continues to sway Wall Street.Now the world's second-largest company by market capitalization, Microsoft's shares rose 1.31 percent to $404.Apple ranks first at $3.02 trillion after reaching the $3 trillion market capitalization mark for the first time in January 2022. But it has fallen short of the milestone, even briefly losing its pole position as the largest company in the market when Microsoft briefly overtook the iPhone maker earlier this month. Microsoft is riding the wave of excitement over AI more than any other tech…
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Zomato-backed Cure.fit sacks 120-150 employees: Report
24 Jan

Zomato-backed Cure.fit sacks 120-150 employees: Report

Priyanka Bhowmick0 CommentsBusiness, India,
Health and wellness platform Cult.fit (formerly Cure.fit) has laid off about 150 employees. This is the first layoff at the Bengaluru-based firm in three-and-a-half years. According to sources, the layoffs have affected employees across the department. "130-150 senior to mid-level employees were affected in the exercise," said a source requesting anonymity. Sources stressed that the layoffs are mainly to increase runways and cut costs. However, the company has denied any such reasons. A company spokeswoman said in a statement that it had "reduced some redundant positions to streamline operations." The move is part of a "regular annual operating planning process."…
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H&M faces backlash for allegedly sexualizing children in new Ad
23 Jan

H&M faces backlash for allegedly sexualizing children in new Ad

Priyanka Bhowmick0 CommentsBusiness, India,
Swedish fashion giant H&M has taken out an ad for school clothes that critics said ‘sexualized young girls’, the company said on Tuesday. "Turn those heads in H&M's back to school fashion", the campaign, launched in Australia, features two young women in school uniforms. Social media users slammed the company for the ad, which was later withdrawn. “We have removed this ad. We deeply regret this offense and we are looking at how we handle the campaign moving forward," a company spokesperson told AFP. Melinda Tankardrist, a writer, asked the company about its intentions behind the ad. "What's your point…
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Amazon stops selling prasad of Ayodhya Ram Mandir
22 Jan

Amazon stops selling prasad of Ayodhya Ram Mandir

Priyanka Bhowmick0 CommentsBusiness, India,
Amazon on Saturday said it has removed sweets sold as "Shri Ram Mandir Ayodhya Prasad", a day after receiving a notice from the Central Consumer Protection Authority (CCPA) for selling misleading products. Amazon acknowledged it had received a communication from the CCPA about misleading product claims by certain sellers and said it was "investigating them for violations." "In the interim, we are taking appropriate action against such listings by our policies," an Amazon spokesperson said in a statement. CCPA has issued a notice to Amazon for selling sweets called 'Shri Ram Mandir Ayodhya Prasad'. The action was initiated by the…
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PepsiCo announces Jagrut Kotecha as its new CEO
19 Jan

PepsiCo announces Jagrut Kotecha as its new CEO

Priyanka Bhowmick0 CommentsBusiness, India,
Leading food and beverage major PepsiCo India has promoted Jagrat Kotecha as Senior Vice President and Chief Commercial Officer, AMESA (Africa, Middle East and South Asia region) as CEO of India operations, replacing Ahmed Elsheikh. Kotecha holds a BE Chemical Engineering degree from the University of Mumbai. He holds an MBA, in Marketing from SVKM's Narsee Monjee Institute of Management Studies (NMIMS). He joined Cadbury India sales between 1992-1994. In 1994 he joined PepsiCo India Sales and Marketing and held various sales and marketing roles, becoming Regional Sales Manager in 1997 and Marketing Manager - Western Snacks till 1999. Between…
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Google CEO Sundar Pichai confirms more layoffs this year: Report
18 Jan

Google CEO Sundar Pichai confirms more layoffs this year: Report

Priyanka Bhowmick0 CommentsBusiness
Google has laid off more than 1,000 employees across various departments since January 10. The announcement came in the form of an internal memo from CEO Sundar Pichai, who warned employees to brace themselves for additional cuts in the future, as reported by The Verge. Pichai addressed the entire Google workforce on Wednesday, revealing, "We have ambitious goals and will invest in our big priorities this year." The CEO acknowledged the challenges ahead, saying, "The reality is that to build this investment capacity, we have to make difficult choices." The impact of these "tough choices" has already been felt across…
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