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ITC in Talks to Acquire Majority Stake in Orkla’s Indian Businesses for $1.4 Billion 01
02
Chatbots Surge in Popularity as AI Integration Fuels Market Growth
03
Infosys Lays Off 400 Trainees at Mysuru Campus Amid Industry Challenges
04
Uday Kotak and Family Acquire Rs 202 Crore Luxury Property in Mumbai’s Worli Sea Face

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ITC in Talks to Acquire Majority Stake in Orkla’s Indian Businesses for $1.4 Billion
Chatbots Surge in Popularity as AI Integration Fuels Market Growth
Infosys Lays Off 400 Trainees at Mysuru Campus Amid Industry Challenges
Uday Kotak and Family Acquire Rs 202 Crore Luxury Property in Mumbai’s Worli Sea Face
Chatbots Surge in Popularity as AI Integration Fuels Market Growth

Chatbots Surge in Popularity as AI Integration Fuels Market Growth

Summary: The chatbot industry is witnessing significant growth, driven by AI advancements. A Technavio report projects a $9.6 billion increase in the global chatbot market between 2025 and 2029, with a CAGR of 42.9%. Technologies like Natural Language Processing (NLP) are fueling this expansion by enhancing chatbot capabilities. Businesses across various industries are leveraging AI-powered…

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Infosys Lays Off 400 Trainees at Mysuru Campus Amid Industry Challenges

Infosys Lays Off 400 Trainees at Mysuru Campus Amid Industry Challenges

Summary: Infosys, the Bengaluru-based IT giant, has reportedly laid off 400 trainees at its Mysuru campus, according to Moneycontrol. The layoffs targeted entry-level employees who did not meet performance benchmarks during training. This move aligns with the broader trend in the IT sector of cost-cutting and operational streamlining amidst slowing demand and economic uncertainties. The…

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Uday Kotak and Family Acquire Rs 202 Crore Luxury Property in Mumbai’s Worli Sea Face

Uday Kotak and Family Acquire Rs 202 Crore Luxury Property in Mumbai’s Worli Sea Face

Summary: Uday Kotak, the founder of Kotak Mahindra Bank, and his family have purchased a luxury residential property worth Rs 202 crore in Mumbai’s prestigious Worli Sea Face area. The acquisition includes 12 units within the Shiv Sagar development, covering a total of 7,418 square feet at approximately Rs 2.71 lakh per square foot. Most…

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OpenAI CEO Sam Altman Discusses AI Collaboration with India

OpenAI CEO Sam Altman Discusses AI Collaboration with India

Summary: OpenAI CEO Sam Altman visited India and met with IT Minister Ashwini Vaishnaw to discuss the country’s AI strategy, covering GPUs, AI models, and applications. Altman expressed his willingness to collaborate with India and praised Prime Minister Narendra Modi’s vision of democratizing technology. Vaishnaw highlighted India’s cost-effective approach to innovation, citing the Chandrayaan-3 mission…

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Shantanu Naidu Appointed as General Manager, Head of Strategic Initiatives at Tata Motors

Shantanu Naidu Appointed as General Manager, Head of Strategic Initiatives at Tata Motors

Summary: Shantanu Naidu, a close associate of the late Ratan Tata, has been appointed as the General Manager and Head of Strategic Initiatives at Tata Motors. Announcing the news on LinkedIn, Naidu shared his personal connection to the company, recalling his father’s work at Tata Motors. Naidu, known for his innovative contributions to the Tata…

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CRED CEO Kunal Shah Welcomes Tax Exemption, Predicts Boost in Gen Z Spending

CRED CEO Kunal Shah Welcomes Tax Exemption, Predicts Boost in Gen Z Spending

Summary: The Union Budget 2025 introduced a tax exemption for individuals earning up to Rs 12 lakh, a move welcomed by CRED CEO Kunal Shah. He highlighted the policy’s potential to boost consumer spending, particularly among Gen Z. Shah’s post on X (formerly Twitter) gained significant traction, with many users agreeing that the increased disposable…

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Budget 2025: Key Highlights and Important Announcements

Budget 2025: Key Highlights and Important Announcements

Summary of Budget 2025 Announcements: Finance Minister Nirmala Sitharaman presented the Union Budget 2025, emphasizing economic growth and inclusive development. The government envisions a ‘Viksit Bharat’ with zero poverty, quality education, and improved healthcare. Key Announcements: The budget outlines a vision for growth, innovation, and rural empowerment, aiming for a prosperous and self-reliant India. Union…

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Myntra FWD ad is too cool with Gukesh, Viswanathan Anand. Who knew they could act

Myntra FWD ad is too cool with Gukesh, Viswanathan Anand. Who knew they could act

Summary : Myntra’s latest FWD campaign brings together chess grandmasters Viswanathan Anand and Gukesh Dommaraju in a witty, stylish commercial that playfully explores the Millennials vs. Gen Z debate. The ad humorously highlights generational differences, with Anand struggling to grasp Gen Z slang while delivering effortless comebacks. Their entertaining banter, including Anand flexing his five…

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India's Tech Giant TCS Establishing 37-Acre Campus in Kochi, to employ 10,000 people

India’s Tech Giant TCS Establishing 37-Acre Campus in Kochi, to employ 10,000 people

Summary : Tata Consultancy Services (TCS) is setting up a 37-acre campus at Kinfra Electronics Manufacturing Cluster in Kochi, expected to create 10,000 jobs with an investment of ₹690 crore. The company is also seeking office space at Infopark for 5,000 seats to meet immediate needs. Kerala’s government is expanding Infopark by 500 acres and…

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