Author: Ansh Singh

New Delhi: Glad to Honour Awards 2024, This highly anticipated event is set to take place on 6th July 2024 at the prestigious Kratos Club in Surat, gathering to honor the exceptional talent and achievements of shining stars across various industries. The awards ceremony will celebrate the best in fashion, entertainment, content creation, influencing, and beyond, recognizing the remarkable contributions of individuals who have left an indelible mark on their respective fields. From 4 PM to 7 PM, the stage will come alive with energy and excitement as icons who have made significant impacts in their domains are applauded. The…

New Delhi: TikTok recently introduced a new social app called Whee, similar to Instagram, where users can share photos and send messages. However, Whee hasn’t gained much popularity yet. According to app intelligence firm Appfigures, the app has had very few downloads and hasn’t advertised itself much. Launched on June 18 in 71 countries, Whee hasn’t made it to the Top Free Apps chart on Apple’s App Store or even the Top 500 Social apps in many markets. Its lack of promotion has kept it largely unnoticed. Most of its downloads have come from smaller markets like Malaysia, Turkey, Saudi…

New Delhi: UltraTech Cement, a leading cement manufacturer, announced on Thursday its decision to acquire approximately 23% of Chennai-based India Cements Ltd for up to Rs 1,885 crore. In a regulatory filing, UltraTech Cement stated that its board of directors approved the financial investment to purchase up to 7.06 crore equity shares of India Cements Ltd at a maximum price of Rs 267 per share. This strategic move represents about 23% of India Cements’ total equity share capital. For the financial year 2023-24, India Cements reported a turnover of Rs 5,112 crore. UltraTech Cement boasts a consolidated production capacity of…

New Delhi: During an interview, Mustafa Suleyman, CEO of Microsoft AI, spoke openly about his admiration for Sam Altman, CEO of OpenAI. When asked about the future direction of Microsoft’s AI endeavors and its relationship with OpenAI, Suleyman chose to steer away from competitive metaphors, emphasizing instead a collaborative approach. He underscored Microsoft’s substantial investment in OpenAI and their close partnership, noting that while there is competition, OpenAI retains its independence without direct control from Microsoft. Suleyman also delved into the critical issue of AI safety, expressing his confidence in Altman’s genuine commitment to addressing these concerns. He welcomed regulatory…

Chennai: Shriram Asset Management Company (Shriram AMC) announced the launch of Shriram Nifty 1D Rate Liquid ETF (Growth), an open-ended Exchange Traded Fund tracking the Nifty 1D Rate Index. The Shriram Nifty 1D Rate Liquid ETF (Growth) New Fund Offer will be open for subscriptions from July 1, 2024 till July 3, 2024. Investors can apply through their securities brokers or by depositing physical forms at their nearest CAMS Investor Service Centre. The Shriram Nifty 1D Rate Liquid ETF (Growth) provides investors with easy cash management with high liquidity, relatively low interest rate risk and relatively low credit risk. They…

New Delhi: The European Union accused Microsoft of violating competition regulations on Tuesday. The bloc issued a formal statement of objections, alleging that the tech giant has breached antitrust rules by bundling its communication and collaboration tool, Teams, with popular productivity applications such as Office 365 and Microsoft 365. The EU initiated an antitrust investigation into Microsoft’s bundling practices nearly a year ago, in July 2023, following a complaint from Slack, a competitor of Teams. In response to the scrutiny, Microsoft announced a partial unbundling of Teams in late August last year, which was finally implemented in April 2024. However,…

New Delhi: Erekrut, a pioneer in HR technology, unveiled OneDayHire, a transformative solution that promises to redefine the recruitment landscape. This innovative platform is poised to revolutionize how companies connect with talent, offering an unprecedented ability to deliver 50-100 pre-qualified candidates within just 30 minutes of posting a job. OneDayHire is not just a new tool—it’s a breakthrough in recruitment technology. OneDayHire stands out with several key features. It delivers candidates within 30 minutes of job posting, eliminating long waiting periods. The service is cost-effective, offering leads for just INR 299 each, ensuring financial efficiency. Payment options are adaptable to…

A Visionary Leader in the Corporate World: Aksha Kamboj’s ascent to the helm of Aspect Global Ventures was fueled by a deep-seated passion for technology and a drive to make a significant global impact. Her vision has always been clear: to lead with innovation and to create sustainable success. “As the Executive Chairperson, my journey began with a passion for innovation and a commitment to excellence,” she reflects. “At Aspect, I have focused on fostering growth, nurturing talent, and steering the company towards new horizons in diverse industries.” Diversification into Non-Traditional Verticals: Under Aksha’s leadership, Aspect Global Ventures has ventured…

Ahmedabad: Gujarat International Finance Tec-City (GIFT City), India’s sole International Financial Services Centre (IFSC), has partnered with TiE, Inc. (formerly The Indus Entrepreneurs) to bolster economic growth, generate employment through entrepreneurship, and establish a strong business ecosystem in the country. The memorandum of understanding (MoU) was signed on Tuesday by Gujarat International Finance Tec-City Company Limited (GIFTCL) and TiE, a global non-profit network committed to fostering entrepreneurship. Under the MoU, a collaborative framework will be established between GIFTCL and TiE to promote innovation, attract investments, and create an enabling environment for businesses in India through GIFT City. By leveraging the…

Mumbai: Equirus is pleased to announce the addition of Mr. Krishna Jha as a venture partner for the InnovateX Fund. With an illustrious career spanning over 25 years, Krishna brings unparalleled experience and expertise to Equirus, reinforcing our dedication to innovation and strategic growth. Krishna’s journey began with Citi, followed by a successful entrepreneurial venture in the mobile internet space. His first company, ITFinity, was acquired by Infosys spin-off OnMobile. Over the past decade, Krishna has found great success as an independent investor, focusing both on early-stage companies as well as public markets. His private portfolio includes over three dozen…