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According to Jensen Huang, CEO of Nvidia Corp., the US government need not worry about the Chinese military enhancing its capabilities with the help of his company's goods. Huang claimed that the Chinese military will refrain from utilising US technology due to the dangers involved, which is the
After 40 years with the company, Vineet Agrawal, MD of Wipro Enterprises and CEO of Wipro Consumer Care & Lighting, will retire in January 2026. With effect from February 1, 2026, Kumar Chander, who is currently President of Southeast Asia and Yardley India, will take over as CEO. Chander will
According to observers, Apple may need a new CEO in order to avoid falling victim to AI. According to analysts Walter Piecyk and Joe Galone of LightShed Partners, Apple needs a CEO who is focused on products, even if Tim Cook, the company's current CEO, has brought operational
Nvidia CEO Jensen Huang was warned by US senators about his impending travel to China. They advised him to stay away from businesses that are compromising US export restrictions on chips. There are worries about possible ways to get beyond technological protections. Nvidia maintained that their technology was establishing a
According to reports, Blinkit, Eternal's rapid commerce division, will transition to an inventory-led strategy on September 1. After the transition, the business will buy products straight from vendors instead of just keeping them in stock. Blinkit has already addressed its sellers to notify them of the switch to
On July 14, Ola Electric, a maker of electric two-wheelers, reported a larger consolidated net loss of INR 428 crore for the first quarter of the fiscal year 2025–2026 (Q1 FY26). In the same time frame last year, the company managed by Bhavish Aggarwal reported a net loss of
In accordance with regulatory orders, Jane Street, a New York-based capital market company, has placed INR 4,840 crore in escrow accounts. Jane Street has no imminent plans to start trading options in the Indian market again after this. A temporary account used to keep money or assets while two
Tata Consultancy Services (TCS), the biggest IT company in India, has stated that raising wages for its more than 6 lakh employees is their "priority" goal. TCS' Chief Financial Officer (CFO) Samir Seksaria stated, "My priority is getting back to the wage hike," without giving
In order to provide smooth first- and last-mile connectivity for commuters, the Bengaluru Metropolitan Transport Corporation (BMTC) and Bangalore Metro Rail Corporation Ltd. (BMRCL) have now opened up their transport data, enabling two apps, Namma Yatri and Tummoc. For more than ten years, this requirement has been in place. Users
The Maharashtra government is once again targeting ride-hailing services like Uber, and this time for its bus service. Pratap Sarnaik, the transport minister of Maharashtra, reportedly vowed a crackdown on Uber Shuttle and other aggregator bus operators for failing to obtain a government permit for the service, a week after
According to multiple media sources, Recruit Holdings, the Japanese parent company of Indeed and Glassdoor, plans to lay off about 1,300 employees. This accounts for approximately 6% of the workforce in the HR technology segment of the organisation. The layoffs, which are mostly in the US, impact a number
In a landmark move in its 92-year history, Hindustan Unilever Ltd. (HUL) has appointed Priya Nair as its next managing director. On July 31, 2025, Rohit Jawa will step down, and she will succeed him. The appointment of Nair will take effect on August 1, 2025. This action makes Priya
Following its initial debut in Bengaluru, Amazon has expanded its 10-minute delivery service, Amazon Now, to a few parts of Delhi. The business was excited about the favourable comments made by clients. This action demonstrates Amazon's dedication to the quickly expanding quick-commerce market in India, where rivals Zepto
According to an IMF statement, the rapid expansion of UPI has allowed India to surpass all other nations in terms of payment speed, while the use of traditional payment methods, such as credit and debit cards, is decreasing. The NPCI created the Unified Payments Interface, a real-time and instantaneous payment
In order to create a real-time payments platform similar to the Unified Payments Interface (UPI), the Namibian central bank and the National Payments Corporation of India (NPCI) have inked a licensing deal. According to Dammu Ravi, secretary in the external affairs ministry, during a press briefing on the outcomes of
Based on a First Information Report (FIR) submitted by the Cyberabad police in Hyderabad, Telangana, the Enforcement Directorate (ED) has opened an investigation against 29 celebrities in relation to a purported betting application fraud. Prominent actors Vijay Deverakonda, Rana Daggubati, Manchu Lakshmi, Prakash Raj, Nidhi Agarwal, Ananya Nagalla, and television
On 9 July, the Enforcement Directorate (ED) said that it had begun a significant crackdown on the illicit online betting site "Probo," carrying out search operations on July 8 and 9 throughout its four Haryana locations. The online platform "Probo" was created by Probo Media Technologies
On July 9, US President Donald Trump declared a 50% duty on copper imports into the US. Additionally, Trump has threatened to levy 200% tariffs on pharmaceutical imports after a year. Trump's action may have an effect on other economies, such as India, which exports these vital commodities
On July 9, Nvidia became the first business to reach $4 trillion in market value, marking a significant milestone in Wall Street's wager that AI will revolutionise the economy. Nvidia surged to $164.42 just after the stock market opened, valuing the company at more than $4 trillion.
Linda Yaccarino, the CEO of social media site X, has made her decision to leave her position. For the last two years, she has been in charge of Elon Musk's company, X. During her X announcement, Yaccarino thanked Musk for entrusting her with the duty of defending free
All e-commerce sites were forewarned by the FSSAI on 8 July to maintain strict food safety and hygiene standards or risk punishment. G Kamala Vardhana Rao, the CEO of the Food Safety and Standards Authority of India (FSSAI), presided over the meeting where the warning was given. More than 70
Apple is negotiating to get the US rights to broadcast Formula 1 as the internet giant expands its live sports programming and builds on the success of its popular film based on the racing car series. Various media reports stated that when the broadcast deal opens up next year, the
🔍Insights
Putting in an order for groceries was once considered the most difficult task. Shopping for groceries is becoming more pleasurable because of the development of "smart grocery stores" like Nature's Basket, Dmart, Reliance Mart, and others. But now that technology is driving more solutions, online grocery
On July 8, listed logistics startup BlackBuck announced that the Income Tax (IT) Department has sent it a tax demand notice for INR 28.55 Lakh. The company stated in a statement with the exchanges that the July 7 tax notice was sent because certain expenses that qualified for tax