Author: Ansh Singh

New Delhi: Titan’s shares went down a lot after the company shared its latest earnings report on May 3, 2024. This bad news continued on May 6, 2024, and even on May 7, 2024, the shares were still not doing well, trading at Rs 3,228.95, which was down by 1.56 percent. Rekha Jhunjhunwala, a famous investor in the stock market and the wife of the late billionaire Rakesh Jhunjhunwala, saw a big decrease in the value of her investments in Titan on May 6, 2024. Because of this drop in Titan’s share price, the total value of the company decreased a lot, going below Rs 3 lakh. This caused Rekha Jhunjhunwala’s investments…

New Delhi: Looking ahead to India’s general election, it’s crucial to understand how elections can impact the Indian Stock market. While they often introduce short-term volatility, their real impact is seen through economic initiatives that follow. Elections are pivotal moments that shape both the economic and political landscape of a democratic nation like India. They influence market dynamics and capture the attention of investors, guiding economic policies and investor sentiment. With the 2024 general election underway and Prime Minister Narendra Modi seeking a historic third term, reports suggest that the current election won’t have a significant long-term effect on equity…

New Delhi: Tesla an electric car company led by Elon Musk, is taking legal action against a company in Gurugram called Tesla Power India Ltd. They’re saying Tesla Power is using their brand names “Tesla Power” and “Tesla Power USA” without permission.Tesla Power India Ltd says they’re not planning to make electric cars and won’t use the Tesla brand to sell other companies’ electric cars. Tesla Inc found out about Tesla Power using their name in 2022 and tried to stop them, but Tesla Power kept advertising their products. So now Tesla Inc is taking them to court. The court…

New Delhi: In the 20th century, businesses realized that employees were crucial for success, so they created HR departments to manage them better. Stratefix Consulting, a company with lots of experience in HR, surveyed over 1000 small and medium-sized business owners to see what they thought about HR. They wanted to know: 1. What business owners think HR should focus on most. 2. Whether HR cares more about employees or the company. 3. If HR is doing what it’s supposed to. 4. How much HR affects a company’s success or failure. 5. Whether HR needs to know about the company’s…

New Delhi: Microsoft has reiterated its rule against American police using advanced AI for recognizing faces through Azure OpenAI Service. This is a tool Microsoft offers for businesses to use OpenAI’s technology. The updated rules now clearly say that police in the U.S. can’t use this service to recognize faces. They can’t use it on things like body cameras or dashcams either. This rule applies worldwide. This came after a company called Axon said they’d use OpenAI’s tech to summarize what’s said on body cameras. Some people worry about mistakes this kind of AI might make, like getting things wrong…

New Delhi: Suzlon Energy Ltd. is making big changes to its structure, they’re merging one of their companies, Suzlon Global Services, with themselves. They’re also moving their project business to other companies they own, they’re shuffling around their finances by moving money from one place to another and merging another subsidiary, Suzlon Energy Ltd., Mauritius, with themselves.  This shake-up is meant to achieve a few things. They want to strengthen their finances, make their operations smoother, and simplify how they do contracts. They also want to clear up any money owed between their different parts, use their resources better, and organize their group…

New Delhi: ICICI Bank has refuted claims made in a report by The Morning Context regarding its MD and CEO Sandeep Bakhshi expressing a desire to resign from his position due to personal reasons. The bank labeled the report as “baseless” and “a figment of imagination,” emphasizing that Bakhshi has not indicated any intention to step down. The bank further stated that the rumor appears to be spread with malicious intent to harm the institution and its stakeholders. Last week, ICICI Bank reported robust earnings for the fourth quarter of FY24, with its share price reaching record highs and its…

New Delhi: Before Google’s annual I/O developer conference in May, there were reports that Google let go of some of its staff from teams working on important projects like Flutter, Dart, and Python. Employees who were affected talked about this on social media. Google confirmed the layoffs but didn’t say which teams or how many people were let go. A Google spokesperson said they’re making changes to focus on their main goals and future opportunities. This means they’re reorganizing to work more efficiently and putting resources into their biggest projects. They said these layoffs are normal in a companies like Google. People who lost their jobs can apply for…

New Delhi: Elon Musk recently made a surprising move by letting go of a big chunk of Tesla’s team that handles electric vehicle (EV) charging. This has raised worries about Tesla’s plans for growth, especially as their car sales have slowed down. The sudden layoffs caught many off guard, including other carmakers who were in talks with Tesla about using its Supercharger network for their EVs. People are now unsure about what Tesla will do next in terms of expanding its charging infrastructure. Despite the layoffs, big car companies like General Motors and Ford, who had deals with Tesla for using its charging stations, say…

Mumbai: In a truly exclusive collaboration, Bisleri International and Gauri Khan unveil a limited-edition label for Vedica’s Himalayan Sparkling water category. This partnership is a unique fusion of sophistication and creativity. Gauri Khan, with her distinctive design expertise, has curated an exclusive label design for Vedica Himalayan Sparkling Water, blending her artistic vision with the unparalleled refreshment of Vedica Sparkling Water. The brand unveils the creative process behind the label’s inception with an engaging short film, giving viewers an intimate look into the collaboration. The limited-edition bottle will be available in select channels and markets across the country. Speaking about the initiative, Jayanti Khan Chauhan, Vice Chairperson,…