News
Manmohan Singh's 5 Reforms that Transformed Indian Economy
"We are a mixed economy. We will remain a mixed economy. The public and private sector will continue to play a very important role. The private sector in our country has very ample scope and I am confident that India's entrepreneurs have the capacity, and the will to rise to the occasion," Manmohan Singh
Indian Telecom Sector Leverages AI and 6G as 5G Expansion Accelerates
With a subscriber base of 1.2 billion, the sector's momentum is reflected in soaring data consumption, averaging 21.30 GB per user monthly by October 2024
Semiconductor Design Startup Mindgrove Technologies Raises USD 8Mn
According to the founders, the funds will be used for the commercial launch of its Secure IoT microcontroller SoC, team expansion, and enhancing its engineering capabilities further
Google Launches Gemini 2.0, Sees Stock Prices Soar
Analysts predict Gemini 2.0 could drive Google's revenue growth by 15–20 percent annually over the next five years
India Moves Towards AI Regulation: IT Minister Highlights Need for Balanced Approach
Union Minister for Electronics and Information Technology, Ashwini Vaishnaw, emphasized the importance of addressing fake news while upholding freedom of speech
4 Things to Know About Sanjay Malhotra, the 26th Governor of RBI
With extensive experience in various Indian government departments, Malhotra is well-versed in finance and taxation at both state and central levels
MHRA Launches AI Airlock to Fast-Track Medical AI Technologies
A new pilot programme explores innovative ways to regulate artificial intelligence (AI) -driven medical devices, aiming to fast-track their safe integration into healthcare systems.
Subway's CEO Steps Down Amid a Major Transition for the Sandwich Giant
John Chidsey will step down at the end of 2024, marking the close of a transformative five-year tenure.
The Largest Franchise Operator in the U.S. Just Acquired 32 More Wendy's Locations, Adding to Its $4.5 Billion Portfolio
In a strategic move to bolster its quick-service holdings, Flynn Group has acquired 32 Wendy's restaurants in the Indianapolis area.
AI Age: Trust Critical for Consumers to Help Company's Regain Loyalty
51% of consumers trust companies less than they did a year ago, and 51% feel companies are reckless with their data
Private Equity Giant Blackstone Acquires Jersey Mike's Subs for $8 Billion
This move solidifies Blackstone's ongoing interest in high-growth, fast-casual franchises and marks a pivotal moment for the beloved sub chain.
GCCs in India Prioritize GenAI and Workforce Reskilling Over Job Expansion
78% of GCCs in India are skilling their teams for GenAI, while 37% are piloting use cases
What AI Leaders are Doing Differently To Achieve Maximum ROI
30% of Indian companies have adopted AI, surpassing the global average of 26%
Equal Raises USD 10 Mn Series A Funding Led by Prosus Ventures
The round was led by Prosus Ventures, Tomales Bay Capital, and Keshav Reddy himself, resulting in a post-money valuation of USD 80 million
AI-Powered Cyberattacks Top Concern for Executives in 2024
The retail sector has also been heavily impacted. From April to September, Imperva Threat Research recorded an average of 569,884 AI-driven attacks daily targeting retail sites alone