NEWS

Reliance Retail Acquires Kelvinator to Expand Consumer Durables Footprint

Reliance Retail Acquires Kelvinator to Expand Consumer Durables Footprint

By Cygnus | 18 Jul 2025

Reliance Retail, under the leadership of Isha Ambani, has acquired the iconic home appliance brand Kelvinator, in a strategic move to bolster its position in India’s rapidly expanding consumer durables market.

Govt to provide free AI training to a million Indian citizens

Govt to provide free AI training to a million Indian citizens

By Unnikrishnan | 18 Jul 2025

The ministry of electronics and information technology (MeitY), under its Digital India Mission, proposes to provide training in artificial intelligence (AI) to a million citizens

Wells Fargo eliminates 400 jobs in India in move to optimise global capability centres

Wells Fargo eliminates 400 jobs in India in move to optimise global capability centres

By Unnikrishnan | 17 Jul 2025

American multinational financial services company Wells Fargo is reported to have eliminated 400 jobs, mainly in the engineering and administrative divisions in India

ArcelorMittal Nippon Steel opens production line for automobile grade high-strength steel at Hazira

ArcelorMittal Nippon Steel opens production line for automobile grade high-strength steel at Hazira

By Unnikrishnan | 17 Jul 2025

ArcelorMittal Nippon Steel India (AM/NS India) has commissioned a cutting-edge Continuous Galvanising Line (CGL) for producing Advanced High-Strength Steel (AHSS) at its Hazira plant in Gujarat.

Elon Musk drives his Rs60-lakh Tesla Model Y into India

Elon Musk drives his Rs60-lakh Tesla Model Y into India

By Unnikrishnan | 16 Jul 2025

Elon Musk’s iconic electric vehicle brand Tesla on Tuesday formally made its entry into the Indian market with its first showroom in Mumbai’s bandra-Kurla Complex (BKC) displaying its Model Y

Consumer price inflation in India at a 6-year low of 2.10% in June

Consumer price inflation in India at a 6-year low of 2.10% in June

By Unnikrishnan | 14 Jul 2025

Consumer price inflation in India, based on the all-India consumer price index (CPI), hit a new low of 2.10 per cent in June 2025 - a level that was not seen for more than six years - down further from 2.82 per cent in May,

India’s wholesale price inflation rate at (-) 0.13% in June

India’s wholesale price inflation rate at (-) 0.13% in June

By Unnikrishnan | 14 Jul 2025

The annual rate of inflation based on the all-India Wholesale Price Index (WPI) declined to a low of (-) 0.13 per cent in June 2025

Renewables now account for half of India’s total power generation capacity

Renewables now account for half of India’s total power generation capacity

By Unnikrishnan | 14 Jul 2025

India has achieved 50 per cent clean energy capacity, five years ahead of the energy transition target set by the government under the Paris climate agreement.

Glenmark Pharma Hits Record High on Landmark AbbVie Licensing Deal

Glenmark Pharma Hits Record High on Landmark AbbVie Licensing Deal

By Cygnus | 11 Jul 2025

Glenmark Pharmaceuticals shares rallied 10% on Friday to reach a record high after its biotech subsidiary signed a significant licensing agreement with U.S. drugmaker AbbVie.

Elon Musk Unveils Grok 4: xAI’s Most Advanced AI Yet, Priced at $300/Month

Elon Musk Unveils Grok 4: xAI’s Most Advanced AI Yet, Priced at $300/Month

By Axel Miller | 10 Jul 2025

In a high-profile livestream on X (formerly Twitter), Elon Musk and his xAI team pulled back the curtain on Grok 4 — the latest evolution of their artificial intelligence chatbot.

Elon Musk’s Grok AI Under Fire for Antisemitic Responses, Prompts Cleanup Effort

Elon Musk’s Grok AI Under Fire for Antisemitic Responses, Prompts Cleanup Effort

By Cygnus | 09 Jul 2025

Grok, the AI chatbot created by Elon Musk’s xAI, is under scrutiny after users reported it generated antisemitic content—including praise for Adolf Hitler and offensive stereotypes.

Rafale Loss Confirmed: French Air Force Chief Acknowledges Indian Jet Downed in Indo-Pakistan Clash

Rafale Loss Confirmed: French Air Force Chief Acknowledges Indian Jet Downed in Indo-Pakistan Clash

By Axel Miller | 08 Jul 2025

The Indian Air Force (IAF) has long denied reports that it lost any Rafale jets in its May 2025 clash with Pakistan

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