By William Schomberg and Andy Bruce April 14 (Reuters) – Central banks and financial regulators must quickly understand the implications of a new artificial intelligence model that could pose major…
Category: Companies
‘300 employees laid off without notice’: Zoho responds to viral post alleging mass layoffs
Zoho, a cloud-based enterprise software company, has rubbished claims that 300 employees were laid off without prior notice. A purported post on the Blind app went viral, alleging that the…
Zappfresh’s parent DSM Foods scouting for more acquisitions: MD
DSM Fresh Foods Ltd, the parent company of fresh meat food brand, Zappfresh, is continuing to scout for strategic acquisition opportunities, as it aims to diversify its food play. The…
Bajaj WEGO electric three-wheelers launched with 296 km range
Bajaj Auto on Tuesday announced the launch of its electric three-wheeler portfolio under the brand Bajaj WEGO, marking what it said is the widest range of electric three-wheeler products in…
India’s infra buildout drives demand for digital twins: Bentley Systems
As India accelerates large-scale infrastructure buildout, infrastructure engineering software player Bentley Systems is seeing rising demand for digital twin technology, as per company executives. Governments are increasingly adopting real-time digital…
Indian automobile sales record highest-ever sales in FY26, first time after FY19: SIAM
The Indian automobile wholesales (dispatches to dealers) have grown by double digits in all four major segments – passenger vehicle (PVs), two-wheelers (2Ws), three-wheelers (3Ws) and commercial vehicles (CVs), with…
Boiler blast at Vedanta plant in Chhattisgarh kills nine, injures 15
Nine people have died, and 15 others sustained injuries in a boiler blast at Vedanta Power Plant in Sakti district on Tuesday, the police said. Sakti district SP Praful Thakur…
Race for AI-developed drugs heats up: Wegovy-maker Novo Nordisk ties up with OpenAI after rival Eli Lilly seals deal
Danish drugmaker on Tuesday announced that it is collaborating with ChatGPT’s parent company, OpenAI, to bring “new and better treatment options to patients faster,” CNBC reported. In a statement, Novo…
Practo appoints Srijesh Kumar as Global CPTO
Digital healthcare platform Practo announced the appointment of Srijesh Kumar as their Global Chief Product and Technology Officer (CPTO), as per the company. In this role, Srijesh will lead Practo’s…
New Renault Duster nationwide deliveries begin
Renault India, a wholly owned subsidiary of the French carmaker Renault Group, on Tuesday commenced nationwide customer deliveries of the new Renault Duster across India. The first delivery also coincides…