Author: Ansh Singh

New Delhi: Mukesh Ambani, the visionary leader at the helm of Reliance Industries, announced an impressive commitment to West Bengal’s prosperity, pledging an additional ₹20,000 crore investment over the next three years. With an existing investment of nearly ₹45,000 crore, Reliance is poised to play a pivotal role in catalyzing Bengal’s growth. In a spirited address at the Bengal Global Business Summit, Ambani expressed unwavering determination to propel Bengal’s ascent. Applauding Chief Minister Mamata Banerjee’s remarkable achievements he highlighted Bengal’s GDP growth rate of 11.5%, surpassing the national average. Ambani commended the tripling of tax revenue, a sevenfold increase in…

New Delhi: China has unveiled what it claims to be the world’s most advanced internet network, boasting speeds of around 1.2 terabits per second, according to tech giant Huawei. This network, jointly launched by Huawei, China Mobile, Beijing’s Tsinghua University, and Cernet (an education and research network funded by the Chinese government), operates on a next-generation backbone spanning 1,800 miles of optic fiber cables from Beijing to the south. This cutting-edge network, which has been operational and undergoing tests since this summer, far exceeds current internet speeds. The theoretical capability to transfer data equivalent to 150 movies in just one…

New Delhi: In a surprising move, Sam Altman, former CEO of OpenAI, joined Microsoft just days after he departed from the helm. Microsoft CEO Satya Nadella expressed unwavering commitment to their partnership with OpenAI, showcasing confidence in their innovative product roadmap unveiled at Microsoft Ignite. The announcement revealed that Altman and co-leader Greg Brockman are set to spearhead a groundbreaking AI research team within Microsoft.  Nadella, in a testament to his impressive execution skills, swiftly welcomed Altman and Brockman, who, along with additional colleagues, departed OpenAI amidst recent upheavals. Microsoft, having invested over $10 billion in OpenAI and acquired nearly half of its…

New Delhi: Naiknavare Developers, renowned for its well-thought-out community-centric residential and commercial projects in Mumbai, Goa, and Pune, has announced the launch of its new, mid-luxury residential project, Aranya. Located near the Vadgaon Maval area of Talegaon, the project comprises 3 residential towers with several apartments, including 1 BHK, 2 BHK, and 2 BHK Comfort apartments, sized 366 sq. ft., 544 sq. ft., and 597 sq. ft. onwards, respectively. The project also offers retail convenience shops, sized 102 sq. ft. onwards. Strategically developed near Pune’s game-changing Ring Road, the project extends the right blend of opportunities and offerings like connectivity…

New Delhi: In a surprising turn of events, Microsoft, the tech behemoth with a substantial $13 million investment and a 49% stake in OpenAI, has thrown its unwavering support behind the recently ousted CEO, Sam Altman. The abrupt departure of Altman, known for his visionary leadership in the artificial intelligence (AI) domain, raised eyebrows not only within OpenAI’s boardroom but also at Microsoft headquarters. Leading the charge in support of Altman is none other than Microsoft’s CEO, Satya Nadella, who reportedly pledged his backing immediately after Altman’s abrupt dismissal. Nadella has taken on a pivotal role, spearheading negotiations between factions…

New Delhi: The beauty and fashion trend in India is experiencing massive digital growth, with more than 80% of consumers embracing online beauty purchases, driven significantly by the influence of social media. Meta’s Facebook and Instagram emerged as the leaders in beauty product searches, capturing the attention of 9 in 10 surveyed consumers. Instagram Reels, a dynamic feature, plays a pivotal role, with 47% of consumers discovering beauty products through this engaging platform. In a Meta-commissioned survey involving over 2,000 participants across 74 cities in June, it was unveiled that post-pandemic, there’s a remarkable 15% increase (now 68%) in beauty shoppers…

New Delhi: One of X’s key advertisers, Apple, will pause its advertising on the platform, according to a report from Axios. Apple follows in the footsteps of advertisers like IBM and the European Commission, who have suspended ads on X amid increased on-platform antisemitism. Per research from the Center for Countering Digital Hate, X has failed to moderate hate speech on its platform that promotes antisemitic conspiracies, praises Hitler, and dehumanizes Muslims and Palestinians. But X isn’t just keeping these posts up; its owner, Elon Musk, is fanning the flames of such hatred. In a particularly egregious incident this week,…

New Delhi: Pramod Mittal, known for his ventures in the steel industry, faced challenges distinct from his more renowned sibling, the tycoon behind the €20 billion ArcelorMittal SA conglomerate. His Global Steel Holdings Ltd. went into liquidation five years ago, burdened by a $167 million debt to Moorgate Industries Ltd. Despite a pending bankruptcy case, Pramod hinted at a potential payout from Nigeria to settle his debts. While a settlement with Nigeria was reached last year, Moorgate, as of October 4, had not yet received any funds, as court documents reveal. As Pramod’s bankruptcy unfolds in English courtrooms, Nigeria has…

New Delhi: OpenAI made a groundbreaking announcement, ushering in a new era with the appointment of Mira Murati as the interim CEO, succeeding Sam Altman. The decision was fueled by concerns over Altman’s communication transparency with the board, leading to a loss of confidence in his leadership. Mira Murati, a 34-year-old dynamo from Albania, brings a unique blend of mechanical engineering prowess and a stellar career path. From crafting a hybrid race car at Dartmouth College to honing her skills at Goldman Sachs and Tesla, Murati joined OpenAI in 2018, swiftly rising to the role of CTO in 2022. Her…

New Delhi: Gurugram-based plus-size innerwear and comfort clothing startup Happie Curves has raised an angel funding of INR 20 Lakhs against 30 per cent equity dilution from two prominent startup-founders-cum-angel investors Rikant Pittie, Co-Founder of EaseMyTrip and Aparna Thyagarajan, Co-Founder & Chief Product Officer of Shobitam Inc. Happie Curves secured this equity funding deal through their recent participation in ‘Indian Angels’ the world’s first OTT angel investment show, currently being streamed on the JioCinema platform Prior to this, the startup has remained bootstrapped since its inception. Happie Curves will mainly utilise the newly-raised capital to fuel various strategic interventions aimed at growing…