In the news

Musk aims for 25% voting control at Tesla prior to advancing AI objectives

Musk aims for 25% voting control at Tesla prior to advancing AI objectives

16 Jan 2024

In a recent announcement on social media platform X, Tesla’s CEO, Elon Musk, expressed his discomfort with the idea of steering the automaker towards leadership in artificial intelligence (AI) and robotics without securing at least 25% voting control.

Mukesh Ambani re-enters the $100 billion club

Mukesh Ambani re-enters the $100 billion club

12 Jan 2024

Mukesh Ambani, the prominent figure in India’s business landscape, has reclaimed his position in the exclusive $100 billion club. On Thursday, 11 January 2024, the chairman of Reliance Industries Ltd. witnessed his wealth surge by $2.8 billion, reaching an impressive $101.8 billion.

Adani's big move: Gautam Adani unveils Rs 2 trillion investment plan for Gujarat

Adani's big move: Gautam Adani unveils Rs 2 trillion investment plan for Gujarat

10 Jan 2024

Indian billionaire entrepreneur Gautam Adani revealed plans for a substantial investment exceeding Rs 2 trillion in Gujarat during his address at the Vibrant Gujarat Global Summit.

Starlink, led by Elon Musk, achieves milestone in 'Direct-to-Cell' satellite connectivity

Starlink, led by Elon Musk, achieves milestone in 'Direct-to-Cell' satellite connectivity

03 Jan 2024

SpaceX, under the leadership of Elon Musk, has embarked on a groundbreaking project in 2024, initiating the launch of the first set of Starlink internet satellites via the Falcon 9 spacecraft.

Elon Musk's X fails to block California's content moderation law

Elon Musk's X fails to block California's content moderation law

29 Dec 2023

In a setback for Elon Musk’s social media platform X, a U.S. District Judge dismissed its attempt to block California’s content moderation law.

Ratan Tata celebrates his 86th birthday: 10 fascinating facts about India's most beloved industrialist

Ratan Tata celebrates his 86th birthday: 10 fascinating facts about India's most beloved industrialist

28 Dec 2023

Ratan Tata, widely regarded as one of India's most respected businessmen, will turn 86 today, on December 28, 2023.

Pratt & Whitney engines ground Go First airline, Wadia alleges Rs 10,000 crore damages

Pratt & Whitney engines ground Go First airline, Wadia alleges Rs 10,000 crore damages

28 Dec 2023

Blaming Pratt & Whitney (P&W) engines for the grounding of Go First airline, Wadia Group Chairman Nusli Wadia asserted that the U.S. company has inflicted damages exceeding Rs 10,000 crore on the airline.

Wipro files a legal case against former CFO Jatin Dalal

Wipro files a legal case against former CFO Jatin Dalal

27 Dec 2023

IT giant Wipro has taken legal action against its former Chief Financial Officer (CFO), Jatin Dalal. Dalal, who served as the CFO of Wipro since April 2015, shifted to Cognizant on 1 December 2023.

ISRO Chief S. Somnath unveils future plans: Chandrayaan-4 mission and innovative robotic arm in the pipeline

ISRO Chief S. Somnath unveils future plans: Chandrayaan-4 mission and innovative robotic arm in the pipeline

15 Dec 2023

The Indian Space and Research Organization (ISRO) is embarking on an ambitious trajectory in space exploration, solidifying its position as a key player in the cosmos.

Stephanie Pope is set to assume the role of Chief Operating Officer at Boeing

Stephanie Pope is set to assume the role of Chief Operating Officer at Boeing

11 Dec 2023

Boeing is all set to appoint Stephanie Pope, a seasoned company veteran and current head of Boeing Global Services, as its Chief Operating Officer (COO).

Gautam Adani: Over 90% of Adani Group cement is made from fly ash and slag recycling

Gautam Adani: Over 90% of Adani Group cement is made from fly ash and slag recycling

07 Dec 2023

Gautam Adani, the Chairman of Adani Group, has emphasized the substantial progress made by the conglomerate’s cement arm in its journey towards sustainability.

Shaadi.com CEO accuses Google of modern colonialism and unfair practices

Shaadi.com CEO accuses Google of modern colonialism and unfair practices

06 Dec 2023

In a recent interview, Anupam Mittal, the CEO of Shaadi.com, drew a striking parallel between tech giant Google and the historical East India Company

Meta CEO Zuckerberg sells over 560,000 shares amid stock surge

Meta CEO Zuckerberg sells over 560,000 shares amid stock surge

05 Dec 2023

Meta’s Chief Executive, Mark Zuckerberg, has offloaded a significant number of shares despite the social media giant’s stock surging to nearly a two-year peak in November 2023.

The U.S. government probed Hindenburg claims before $553 million Adani loan

The U.S. government probed Hindenburg claims before $553 million Adani loan

05 Dec 2023

The U.S. government has dismissed the corporate fraud allegations made by short-seller Hindenburg Research against Indian billionaire Gautam Adani.

Microsoft president Brad Smith rejects the possibility of super-intelligent AI

Microsoft president Brad Smith rejects the possibility of super-intelligent AI

01 Dec 2023

Tech giant Microsoft’s president, Brad Smith, said that the idea of super-intelligent artificial intelligence is far from reality in today's world.

Emirates Airline President urges Rolls-Royce to focus on engine performance

Emirates Airline President urges Rolls-Royce to focus on engine performance

30 Nov 2023

In the aftermath of Rolls-Royce's ambitious plan to quadruple profits, the President of Emirates Airline, Tim Clark, has called on the British firm to "go back to basics" and prioritize the performance of its engines.

Berkshire Hathaway Vice Chairman Charlie Munger passes away at age 99

Berkshire Hathaway Vice Chairman Charlie Munger passes away at age 99

29 Nov 2023

Charles Thomas Munger, the oracle of Pasadena and one of the most important figures in Berkshire Hathaway, passed away on Tuesday, 28 November 2023, at the age of 99.

Ola CEO Bhavish Aggarwal announces new Indian AI chat app, Krutrim

Ola CEO Bhavish Aggarwal announces new Indian AI chat app, Krutrim

27 Nov 2023

Bhavish Aggarwal, CEO of Ola Cabs, has announced on his social media X account that his company is working on a new AI project.

RBI Governor Das: Increased risk weight is a precautionary approach to ensuring sustainable lending

RBI Governor Das: Increased risk weight is a precautionary approach to ensuring sustainable lending

23 Nov 2023

Reserve Bank of India (RBI) Governor Shaktikanta Das said that the recent instruction to increase risk weights for unsecured consumer loans by banks and non-banking financial companies (NBFC) is a cautious measure taken to ensure sustainable lending.

In another shocking twist, OpenAI announces the re-hiring of Sam Altman as CEO

In another shocking twist, OpenAI announces the re-hiring of Sam Altman as CEO

22 Nov 2023

OpenAI, the company that created the revolutionary ChatGPT, took to social media platform X to announce that they have agreed in principle to rehire Sam Altman as the CEO of the company.

Former OpenAI CEO Sam Altman is all set to join Microsoft, announces Satya Nadella

Former OpenAI CEO Sam Altman is all set to join Microsoft, announces Satya Nadella

20 Nov 2023

After just days of being fired from his post as the CEO of OpenAI, Sam Altman is all set to join Microsoft, as announced by Satya Nadella himself.

Sam Altman plans new AI venture as Mira Murati replaces him as CEO of OpenAI

Sam Altman plans new AI venture as Mira Murati replaces him as CEO of OpenAI

18 Nov 2023

A day after Sam Altman was ousted as chief executive officer (CEO) of artificial intelligence technology start-up OpenAI, he is reported to have discussed a possible comeback amidst moves to start a new AI project.

PRS Oberoi, former chairman of Oberoi hotels, passes away at 94

15 Nov 2023

PRS, who pioneered the luxury hotels business in India, also successfully expanded the Oberoi brand globally by developing Oberoi Hotels and Resorts.

Dabur Chairman Mohit Burman assures continuity in board structure following Religare acquisition

Dabur Chairman Mohit Burman assures continuity in board structure following Religare acquisition

10 Nov 2023

In the wake of the Burman family office's acquisition of a majority stake in Religare Enterprises (REL), Dabur India Chairman Mohit Burman clarified in a video call on Thursday, 9 November 2023, that there are no plans to alter the existing board of the financial services company.

Piyush Goyal is scheduled for a meeting with Tesla CEO Musk to discuss potential market entry

Piyush Goyal is scheduled for a meeting with Tesla CEO Musk to discuss potential market entry

09 Nov 2023

In a significant development, Indian Commerce Minister Piyush Goyal is scheduled to meet with Tesla CEO Elon Musk in the United States next week.

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