In the news
Elon Musk gets another India shock, from satellite internet
18 Jun 2024
Tesla CEO Elon Musk seems to be losing out on his plans to launch satellite-based internet services in India with major Indian telecom operators Reliance Jio and Bharti Airtel
Elon Musk secures Baidu-Tesla deal on self-driving vehicles: report
30 Apr 2024
Tesla CEO Elon Musk is reported to have clinched a key deal with Chinese car maker Baidu for collaboration in self-driving vehicles, clearing the way for incorporating advanced assisted driving technology in Tesla vehicles.
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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.
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation