Author: Rahul Mehra
News Editor

New Delhi: Cheesiano Pizza, renowned for its delectable pizzas and rapid expansion in the quick-service restaurant (QSR) industry, is thrilled to announce its venture into the vibrant city of Hyderabad. With an impressive track record of ten outlets strategically located in prime areas of Pune, Cheesiano Pizza is poised to revolutionize the QSR market with its commitment to superior quality and service. Cheesiano has launched a new brand Burgerino in Pune and is coming to Hyderabad now.  Co-founded by Sachien Tilve, Niraj Bora, and Prasad Tilve, Cheesiano Pizza has become a local favourite due to its focus on using the freshest…

Mumbai: LP Logiscience, the warehousing and contract logistic arm of the legacy, 100-year-old Liladhar Pasoo group, inaugurated a state-of-the-art, Grade A green warehouse in Bhiwandi, Mumbai. Spread over a private campus of 15 acres, with 5 Lakh sq.ft. of storage space, equivalent to 30,000 pallet positions, this is one of the largest 3PL multiclient facilities in India and is equipped with the best in industry standards of fire and safety compliance. The warehouse is also equipped with infrastructure for sustainable resource management and can generate up to 500KW of solar power, store up to 4.5Lakh litres of water through rainwater harvesting…

New Delhi: CloudKeeper, a leading AWS FinOps and cost optimization solution, by TO THE NEW, has been named a key player in the IDC Market Glance: FinOps Cloud Transparency, 2Q23. This Market Glance examines how cloud cost transparency software and service providers support enterprise FinOps teams. CloudKeeper’s inclusion in the report demonstrates its expertise and contribution to the competitive cloud cost transparency market. The IDC Market Glance highlights the prominent FinOps cloud cost providers and vendors in the cloud cost transparency market, including FinOps software companies, hyper scalers, service providers, and niche vendors. The report maps out the five main segments…

New Delhi: In what could give a decisive thrust to the government’s indigenization programme, the armed forces and the railways may consider acquiring satellite communications-driven handheld devices jointly produced by two Indian companies, funded by the Department of Telecommunications under the DCI Scheme, shortly. The first lot of these PNT (Positioning, Navigation and Timing) devices will be manufactured by Elena Geo Systems, a Bengaluru-based Space Technology Company. The PNT device will house a 5G mobile phone, NavIC chip, and its adapter and receiver to communicate with the NavIC satellite. The 5G mobile phone used as part of the PNT device…

New Delhi: Settl, a co-living operator, has seen a twofold increase in fiscal revenue to about Rs 17 crore, and it has ambitions to increase its capacity by 2.5 times to 5,000 beds by March of the following year.  The company, which offers working professionals high-quality rental housing, currently has over 2000 beds at 40 locations throughout Bengaluru, Gurugram, and Hyderabad. Settl, a startup based in Bengaluru that costs between Rs 12,000 and Rs 18,000 per bed, said on Monday that it is now trying to reach the Noida, Pune, and Chennai markets. Settl, a startup based in Bengaluru that…

New Delhi: KONE Elevators India, a fully owned subsidiary of KONE Corporation, a global leader in the elevator and escalator industry, expands its footprints in North India with the opening of a cutting-edge sales and service office today in South Delhi. Situated in a prime location, this larger office marks a significant milestone in its growth strategy and reinforces its commitment to serving customers with enhanced efficiency and innovation. The company plans to strengthen innovation, develop new solutions, and deliver even better service to its valued customers. This facility is located at Suite 501, 5th Floor, Copia Corporate Suites, Jasola, New…

Ahmedabad: Artificial Intelligence (AI) holds enormous potential and opportunities in multiple areas, but human-like AI is still decades away, industry veteran Sunil Parekh said at the ReDi Digital Dialogue 2023 on Friday. ReDi (Responsibly Digital), a social initiative aimed at promoting responsible digital behaviour, celebrated World Social Media Day on June 30 with the 11th annual edition of ReDi Digital Dialogue. Key thought leaders shared their thoughts at a workshop and panel discussions on two very interesting and relevant subjects organised as a part of the event. ReDi Digital Dialogue 2023 centred around the theme “AI: Generative or Degenerative?”, a reflection…

New Delhi: Piramal Enterprises is looking for other acquisitions to develop its financial services division even as it aims to increase its assets under management (AUM) by a mid-to-high teens growth rate. Additionally, it will continue to profit from its stakes in the shriram Group at a “appropriate time”. “We will continue to explore lucrative inorganic opportunities, ensuring value creation for all stakeholders and stay on our stated path of implementing renewed strategies to drive sustainable growth,” Ajay Piramal, chairman of the Piramal Group, stated at the corporation’s annual general meeting. However, he did not detail the company’s acquisition tactics.…

New Delhi: Large Language models (LLMs), such as OpenAI’s GPT-4, are top-rated now thanks to their unmatched text analysis and production capacity. However, organizations deploying LLMs for specialized tasks, like generating creative copy in a brand’s style, may need help with their generalist character. Even the best LLMs need more consistency when the instructions get too precise. One alternative is to fine-tune or narrow the scope of an LLM. But it’s frequently tricky technically and expensive as well. Reka, which came out of stealth today with $58 million, was formed by a group of researchers from DeepMind, Google, Baidu, and…

Mumbai: Salve Pharmaceuticals, a leading company in the Pharmaceutical and skincare sector, has recently unveiled its plans to establish a new manufacturing facility at the Reliance Modern Economic Township (Reliance MET) in Jhajjar, Haryana. The commencement of operations at the new plant is expected in the first quarter of 2024. The introduction of this plant by Salve Group aims to capitalize on various opportunities in quality control, cost efficiency, flexibility, and innovation for their products. By establishing this facility, the company will be able to pioneer advancements and experimentation in formulations, ingredients, and technologies, allowing them to maintain a competitive…