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Anil Ambani’s Reliance Infrastructure Eyes Entry into EV Market, Setting Stage for Sibling Rivalry

September 7, 2024 – Anil Ambani’s Reliance Infrastructure is reportedly preparing to challenge his brother Mukesh Ambani by entering the electric vehicle (EV) market. According to a Reuters report, the company has hired former BYD executive Sanjay Gopalakrishnan as a consultant to help guide its plans to manufacture electric cars and batteries. This strategic move

September 7, 2024 No Comments
News World

Boeing’s Starliner Capsule Returns to Earth Unmanned After Safety Concerns

After months of safety concerns, Boeing’s Starliner capsule has returned to Earth without its intended crew. The capsule landed safely at White Sands Space Harbor in New Mexico at approximately 0401 GMT, using parachutes and airbags to cushion its descent. The return marks the end of a tumultuous period for Boeing’s Starliner, which departed the

September 7, 2024 No Comments
Business World

Historic AI Treaty Signed by EU, US, and UK to Regulate Emerging Technology

In a landmark move, the European Union, the United States, and the United Kingdom have signed the world’s first legally binding international treaty on artificial intelligence, marking a major step in regulating AI technology globally. The treaty, known as the AI Convention, was developed by the Council of Europe and adopted after years of discussions

September 6, 2024 No Comments
Business World

Telegram CEO Calls Arrest “Misguided”, Slams French Authorities

Telegram founder and CEO Pavel Durov issued his first statement following his arrest last month, taking to his Telegram channel to refute the allegations against him. Durov described his arrest as both “surprising” and a “misguided approach” by French authorities, who detained him on August 25 over alleged offences linked to his messaging app. According

September 6, 2024 No Comments
Business World

Amazon Launches AI-Powered Shopping Assistant in the UK

Amazon Launches its AI-powered shopping assistant, Rufus, in the UK, marking its debut outside the US. Initially launched to a subset of customers via Amazon’s mobile app, Rufus aims to revolutionize the shopping experience by leveraging advanced generative AI technology. Rufus has been trained on Amazon’s vast product catalogue and supplemented with information from across

September 4, 2024 No Comments
News World

Eye drops to replace reading glasses; Gets DCGI Approval

The Drugs Controller General of India (DCGI) has granted final approval for ENTOD Pharmaceuticals’ PresVu eye drops, designed to reduce dependency on reading glasses for those with presbyopia, an age-related vision condition commonly affecting individuals over 40. Following a recommendation from the Subject Expert Committee (SEC) of the Central Drugs Standard Control Organisation (CDSCO), the

September 4, 2024 No Comments
Business World

Union Cabinet Approves Kaynes Semicon’s Rs 3,300 Crore Semiconductor Unit in Gujarat

The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved Kaynes Semicon Pvt Ltd’s proposal to establish a semiconductor manufacturing unit in Sanand, Gujarat, with an investment of Rs 3,300 crore. This project is part of the India Semiconductor Mission (ISM) and aims to bolster the country’s semiconductor production capabilities. The new unit will

September 3, 2024 No Comments
Business World

UPI Circle: Empowering Trusted Family Members to Make Payments on Your Behalf

The National Payments Corporation of India (NPCI) has launched a new feature called UPI Circle, aimed at making digital transactions more accessible and convenient for users across the country. This feature allows a Primary User to authorize another individual, known as the Secondary User, to make payments using their UPI account. The Secondary User can

September 3, 2024 No Comments
Business World

Google Pay Unveils New Features at Global Fintech Fest 2024

Google Pay introduced a suite of innovative features designed to enhance user convenience and streamline financial transactions at the Global Fintech Fest (GFF) 2024. The company highlighted these updates in a blog post, emphasizing their commitment to improving user experience with simplicity and ease.

September 3, 2024 No Comments
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