key points: Dubai’s Global Leadership in FDI: Dubai has emerged as the top global destination for Foreign Direct Investment (FDI) in the cultural and creative industries, as revealed by the Dubai FDI Monitor report. Record-Breaking FDI Projects: The report highlights a record-high of 451 FDI projects in 2022, a significant increase from 107 projects recorded…
Key Points: Flipkart’s New Venture: Flipkart, owned by Walmart, plans to enter the food and beverage (F&B) market through the Open Network for Digital Commerce (ONDC). Integration with ONDC: Talks between Flipkart and ONDC are in advanced stages. Flipkart will allow users to order from a wide range of restaurants via its app, integrating with…
Summary Melinda Gates, co-chair of the Bill & Melinda Gates Foundation, announced her departure from the foundation, marking the end of an era for one of the world’s largest private charitable organizations. Her decision comes after she and her ex-husband, Bill Gates, filed for divorce in 2021 after 27 years of marriage but vowed to…
Summary Industrialist Anand Mahindra extended support to 10-year-old Jaspreet from Delhi, who took over his father’s street-side stall after his demise. A viral video showcased Jaspreet’s resilience, prompting Mahindra to offer assistance for Jaspreet’s education. Jaspreet’s culinary skills, coupled with his resolve, garnered widespread admiration and support from political leaders and the community. His story…
Summary Ola Mobility, led by Bhavish Aggarwal, is venturing into ecommerce by integrating groceries, fashion, and apparel options into its app through collaboration with the Open Network for Digital Commerce (ONDC). The move aims to tap into ONDC’s vast network of retailers. Ola’s expansion into ecommerce follows its initial partnership with ONDC for a food…
Sam Altman, co-founder and CEO of OpenAI, recently shared his perspective on the future of gaming in a post on social media platform X. Altman expressed optimism, suggesting that both movies and video games are poised for significant transformations, with video games evolving into something unimaginably better. According to Altman’s post on X, he stated,…
Summery Adani Green Energy Hits 10,000 MW Milestone Adani Green Energy, a part of the Adani Group, has achieved a significant milestone by surpassing 10,000 megawatts (MW) of operational renewable energy capacity. This accomplishment positions the company as the first in India to reach such a remarkable feat in the renewable energy sector. Diverse Portfolio…
Summery: Arch0, a burgeoning player in the cloud security domain, has captured attention by raising a significant $1.25 million in a pre-seed funding round. Spearheaded by Leo Capital, this funding initiative witnessed participation from esteemed investors, including Indian Silicon Valley Capital, Appreciate Capital, Village Global, and Supermorpheus, among others. Fueling Growth and Innovation The infusion…
Summery: In a groundbreaking move that promises to redefine the landscape of technology collaboration, IBM Consulting and Microsoft have joined forces to launch the IBM-Microsoft Experience Zone in Bengaluru, India. This marks the inception of a unique partnership aimed at revolutionizing business transformation through cutting-edge technologies. Pioneering a New Era of Collaboration The IBM-Microsoft Experience…
Playful Banter as PM Modi Teases ‘Divyang’ Entrepreneur During Varanasi Interaction Varanasi (Uttar Pradesh): During an interaction with beneficiaries of the Viksit Bharat Sankalp Yatra in Varanasi, Prime Minister Narendra Modi engaged in light-hearted banter with a ‘divyang’ entrepreneur, adding a touch of humor to the event. As PM Modi inquired about the entrepreneur’s business,…
