₹7 crore duped off CEO of Vardhman group, police arrests 2
Shri Paul Oswal, the CEO of Vardhman group was duped of ₹ 7 crore by a group of 9 cyber scammers based around West Bengal and Assam. Police have arrested…
Government to Ease Public Procurement Rules for New-Age Products
To bring improvements in the manufacturing ecosystem, the government is likely to ease public procurement requirements for new-age products that are largely not available locally. The Commerce and Industry Minister…
BharatPe settles legal dispute with co-founder Ashneer Grover
Ashneer Grover, co-founder of BharatPe, following a legal settlement, severed all ties with the company on Monday, adding that he will no longer hold any shares in the company. This…
Mumbai EOW Summons BookMyShow CEO Amid Allegations of Coldplay Concert Ticket Scalping
The Economic Offences Wing (EOW) of the Mumbai Police has summoned the CEO of BookMyShow, Ashish Hemrajani and the technical head for questioning in connection with allegations of black market…
Zomato Co-founder and Chief People Officer Akriti Chopra Resigns
Zomato executive Akriti Chopra, who was raised to the position of Co-founder in 2021 ahead of the company's initial public offering, has resigned, the Gurugram-based food and grocery-delivery platform said…
China to Inject $142 Billion into State Banks amid rising debt
China is considering giving its biggest state-owned banks up to 1 trillion yuan ($142 billion) to increase their capacity to sustain the national economy. The first major capital infusion since…
Marking a decade of “Make in India”, The Govt Targets $100Bn FDI Inflow annually
The government is targeting $100 billion FDI inflows each year. Currently, the statistics stand at $70 - $80 billion annually. For improving the infrastructure framework, attracting foreign investment and mainly…
OpenAI to Empower Developers in Middle and Lower-Income Countries with $1 Million in API Credits
Body: Seeking to promote opportunities as well as elevate the standards of local human developers in developing nations, OpenAI has rolled out OpenAI Academy. In addition, OpenAI has provided an…
India’s Seafood Exports Set to Break Records with $12Billion Targets
Prime Minister Narendra Modi aims to hit a record export of seafood by March 2025, calling it the “Blue Revolution” initiative. The government is keen on empowering and accelerating the…
Shankh Air to Begin Operation with Approval of Civil Aviation Ministry
The first scheduled airline from Uttar Pradesh, Shankh Air has received approval from the Civil Aviation Ministry, indicating that India's aviation industry is about to grow. The approval brings an…