on Friday reported a fire incident at its SHP Platform under the Mumbai High Asset, in which 10 personnel sustained minor injuries, even as the blaze was swiftly brought under…
Category: Companies
OpenAI undergoes dramatic C-suite overhaul ahead of IPO — CMO to step down for cancer recovery, COO moves on to new role
OpenAI is undergoing a major overhaul in its executive bench, Fidji Simo, CEO of AGI development, has announced recently, a Bloomberg report said. According to the report, which cited a…
Swimwear demand surges with rise in fitness swimming and domestic travel
The swimwear market is being transformed as fitness and geopolitical shifts in travel have diverted millions of vacationers to pools and beaches in India. The sector, which nearly doubled to…
Telecom regulator orders Reliance Jio to stop ‘discriminatory’ tariff practices
New Delhi: The telecom regulator has directed Reliance Jio, the country’s largest telco by market share, to stop certain tariff practices it flagged as “violating” transparency and “discriminatory”, according to…
Why India is becoming a key market for mid-luxury Swiss watches
Swiss luxury watchmaker Tag Heuer is riding India’s growing middle class to bet that localized retail sales can offset a falling global appetite for high-end Swiss timepieces. The LVMH-owned brand…
OpenAI COO Shifts Out of Role, AGI CEO Taking Medical Leave
(Bloomberg) — OpenAI’s chief operating officer is shifting into a new role and two other top executives are going on leave due to health reasons, marking a major change to…
Raw dairy farm recalls some cheese products as FDA investigates E. coli outbreak
WASHINGTON (AP) — A California dairy producer that health authorities have been investigating amid an is recalling some of its raw cheese products, after initially refusing to do so. Raw…
OpenAI makes surprise media acquisition ahead of IPO. Why it will fail.
OpenAI has acquired online talk show TBPN as it looks to ramp up its media presence ahead of its initial public offering. It’s a move that could backfire for the…
Mehli Mistry challenges eligibility of Venu Srinivasan, Vijay Singh as Bai Hirabai Trust trustees
Mehli Mistry, a former trustee of three-key trusts of the Tata Group including the Bai Hirabai Trust Jamsetji Tata Navsari Charitable Institution (BHJTNCI), on Friday formally objected to the appointment…
Government considers steps to scale up production of induction heaters, cooktops
The government is learnt to be looking at measures to encourage companies to ramp up production of induction heaters, induction cooktops and compatible utensils. This comes at a time when…