New Delhi: The surge in Life Insurance Corporation (LIC) of India’s share price over the past four months has garnered considerable attention. During this period, the stock has witnessed a significant rally, climbing from approximately ₹600 to ₹1,066 per share, marking an impressive increase of around 75 percent. Experts attribute this upward trajectory to several factors, notably the robust performance reported in the third quarter of the fiscal year 2024, coupled with the company’s dominant market position and a shift in investor sentiment favoring shares that had not participated substantially in the rally of public sector undertaking (PSU) stocks. Omkar…
Author: Ansh Singh
Ansh Singh
Ansh Singh is a journalist and writer who covers Entrepreneurship, Business, Startups, and Fintech. When not working, you will find him reading insightful case studies, exploring ideas online, and journaling by the beach.
Read More
New Delhi: Mark Zuckerberg is currently busy with the development of a wearable device capable of interpreting brain signals. Expected to launch in the next few years, this electromyography band could revolutionize how we interact with technology. Currently, all eyes are on AI. The emergence of artificial intelligence is literally revolutionizing our daily lives. But the tech evolution never stops, and something bigger than AI is brewing. Something that will not create a robot but will literally give humans superpowers. And that brewery is happening in neural tech. We are already impressed and excited about Elon Musk’s Neuralink projects. The…
Ahmedabad: ArcelorMittal Nippon Steel India (AM/NS India) a joint venture between ArcelorMittal and Nippon Steel, two of the world’s leading steelmakers – has reported the appointment of Dr. Arvind Bodhankar as its Chief Sustainability Officer. In his new role, Dr. Bodhankar will lead the sustainability agenda for AM/NS India, focusing on defining and implementing medium and long-term actions for decarbonisation, reducing environmental impact, and enhancing the climate agenda of the organization. Dr. Bodhankar was formerly the executive corporate Director – ESG and chief Risk Officer at Dalmia Bharat Group. There, he led the sustainability and risk management functions, overseeing initiatives…
New Delhi: Reliance Industries, led by Mukesh Ambani, is spearheading the development of an indigenous ChatGPT-style model named Hanooman. This endeavor, undertaken in collaboration with top engineering schools in India, marks a pivotal moment in the country’s pursuit of cutting-edge AI technology. The initiative, known as BharatGPT, is a consortium comprising Reliance Industries and eight prestigious universities, with the aim of revolutionizing AI technology tailored specifically for India’s diverse linguistic and cultural landscape. At a recent technology conference in Mumbai, BharatGPT provided a glimpse of Hanooman’s capabilities, showcasing its proficiency in interacting with users across multiple Indian languages. During the demonstration, a…
New Delhi: Amazon, along with other companies like SpaceX and Trader Joe’s, has recently made legal arguments questioning the constitutionality of the National Labor Relations Board (NLRB) in filings published on Friday. These challenges pose a potential threat to longstanding worker protections in the United States. Amazon’s latest legal maneuver is viewed by some as an attempt to impede union organizing efforts within its fulfillment centers. The company argues that the NLRB’s structure violates the separation of powers because administrative law judges are perceived to lack sufficient oversight from the president. Additionally, Amazon takes issue with the NLRB’s ability to…
Bangalore: Karbon, a leading fintech firm offering B2B payments solutions, has announced the launch of its latest innovation in Corporate Prepaid cards designed to meet the evolving needs of businesses amidst changing regulatory landscapes. Called as Karbon Corporate Prepaid Card, the product aims to disrupt and redefine corporate spending dynamics. Responding to the recent 2023 RBI reKYC (Know your customer) mandate affecting the customers, Karbon recognized an opportunity to revolutionize the industry. With the transition to corporate debit and personal cards for business expenses, Karbon seized the moment to introduce a game-changing solution. The Karbon Corporate Prepaid Card empowers businesses to…
Pune: Arcatron Mobility Pvt. Ltd., a fast-growing consumer medical company, announced that it has raised growth capital from OrbiMed, a global healthcare-focused investment firm. Existing investors BL Taparia Family Office, Chona Family Office, MGA Ventures, and founders of Arcatron also participated in the round. The funds will be utilized to ramp up R&D efforts, develop new products, and enhance branding and marketing. Arcatron, under its flagship brand “Frido,” offers mobility assist devices like wheelchairs for patients with limited mobility, orthopedic insoles, and ergonomic cushions for pain relief and comfort enhancement. The Company offers its products across all leading E-commerce platforms, its…
Noida: Trippy Taquila Noida, a renowned nightlife destination in the heart of the city, is gearing up to host an exciting Anti Valentine’s Day event on February 17th. The event promises a unique and fun-filled experience for all the singles out there. With Valentine’s Day just behind us, Trippy Taquila Noida is bringing an alternative celebration for those who prefer to embrace their independence. The event encourages attendees to bring a picture of their ex, symbolizing closure and positivity, and exchange it for a free shot. It’s the perfect opportunity for singles to let go of their past and celebrate…
New Delhi: During his acceptance speech at the Lokmat Maharashtrian of the Year Awards, Ranbir Kapoor graciously shared insights into his life goals and the advice he received from Mukesh Ambani. The esteemed actor, honored with the Maharashtrian of the Year award, expressed gratitude for the recognition and highlighted three fundamental principles guiding his life. Presented with the award by veteran actor Jeetendra, Ranbir Kapoor recounted Mukesh Ambani’s counsel, emphasizing the importance of humility amidst success. He conveyed in Hindi, “I have three fundamental goals in life. Firstly, to engage in meaningful endeavors with humility. Drawing inspiration from Mukesh bhai,…
Mumbai: Remsons Industries Ltd., a pioneer in Cables and shifters for the Automotive Industry, has agreed to make a Majority Investment in the Automotive Sensor Division of Uni-Automation, a renowned sensor technology firm. This strategic move marks a significant milestone in Remsons commitment to innovation and expansion within the Automotive and Off-Highway Industry. The proposed investment aligns seamlessly with Remsons mission to deliver cutting-edge solutions that meet the evolving needs of its customers. With Uni-Automation’s expertise in sensor technology, Remsons is poised to strengthen its position as a manufacturer of Complete Systems with Embedded sensors. The new offering of products will…
