Business Update

Sridhar Vembu’s Zoho Shifts Focus to AI Innovation: Ushering in a New Era of R&D

Sridhar Vembu’s Zoho Shifts Focus to AI Innovation: Ushering in a New Era of R&D

A Strategic Move for Zoho In a significant move, Zoho Corporation’s co-founder and long-time CEO, Sridhar Vembu, has stepped down from his role to focus on leading the company’s research and development (R&D) efforts as Chief Scientist. This strategic shift positions Zoho to capitalize on the transformative potential of artificial intelligence (AI) and propel the […]

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Snapdeal Appoints New CEO, Achint Setia, to Drive Growth

Snapdeal Appoints New CEO, Achint Setia, to Drive Growth

A New Chapter for Snapdeal Snapdeal, the popular Indian e-commerce platform, has appointed Achint Setia as its new CEO. This leadership transition marks a significant shift for the company as it navigates the dynamic Indian e-commerce landscape.    Leadership Transition Himanshu Chakrawarti, who has successfully led both Snapdeal and Stellaro Brands (AceVector’s private label arm)

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Google and Andhra Pradesh: A Strategic Partnership for AI Innovation

Google and Andhra Pradesh: A Strategic Partnership for AI Innovation

A Powerful Alliance for AI-Driven Progress Google has joined forces with the state of Andhra Pradesh to accelerate the adoption of artificial intelligence (AI) and machine learning (ML) technologies. This strategic partnership aims to leverage AI to address critical challenges in sectors like sustainability, healthcare, and public administration. Key Focus Areas of the Collaboration A

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Become Chief of Staff with salary of ($23,700):Zomato's Unusual Job Offer

Become Chief of Staff with salary of $23,700: Zomato’s Unusual Job Offer

Zomato, India’s leading food delivery giant, has sparked a heated debate with its unique job posting for a Chief of Staff position. Instead of offering a traditional salary, the company is asking candidates to pay a hefty fee of Rs 20 lakh ($23,700) for the opportunity. A Controversial Move Deepinder Goyal, Zomato’s CEO, justified the

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Apple's Strategic Move in India: First R&D Subsidiary in India Business News

Apple’s Strategic Move in India: First R&D Subsidiary in India

Apple, the tech giant renowned for innovation, has taken a significant step towards expanding its footprint in India. The company has established its first Research and Development (R&D) subsidiary in the country, marking a pivotal moment in its global operations. A New Era for Apple in India The newly formed subsidiary, Apple Operations India, will

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Swiggy Introduces Incognito Mode for Discreet Food and Instamart Orders

Swiggy Introduces Incognito Mode for Discreet Food and Instamart Orders

A Private Ordering Experience Food delivery giant Swiggy has recently unveiled a new feature called “Incognito Mode,” designed to cater to users seeking privacy in their food and grocery orders. This innovative addition to the platform allows users to place orders discreetly, ensuring their purchases remain hidden from their order history. Why Choose Incognito Mode?

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Zomato Takes a Bite Out of Paytm: Acquires Entertainment Ticketing Business for ₹2,048 Crore

Zomato Takes a Bite Out of Paytm: Acquires Entertainment Ticketing Business for ₹2,048 Crore

In a strategic move that could redefine the Indian entertainment landscape, Zomato, the leading food delivery platform, has announced the acquisition of Paytm’s entertainment ticketing business for a substantial ₹2,048 crore. This acquisition marks a significant expansion for Zomato, as it ventures into the realm of event and entertainment ticketing. The Deal: A Win-Win for

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Google Cloud has Unveiled Plans to Establish a Startup Hub and Center of Excellence in Madhya Pradesh

Google Cloud has Unveiled Plans to Establish a Startup Hub and Center of Excellence in Madhya Pradesh

In a significant development for India’s startup ecosystem, Google Cloud has unveiled plans to establish a state-of-the-art startup hub and center of excellence in Madhya Pradesh, according to Chief Minister Mohan Yadav. This initiative, announced during a session organized by Invest Madhya Pradesh in Bengaluru on August 8, marks a pivotal step in positioning the

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Tata's INR 27,000 Crore Bet on Assam to Fuel India's Semiconductor Dream By Mid-2025

Tata’s INR 27,000 Crore Bet on Assam to Fuel India’s Semiconductor Dream By Mid-2025

India’s Chipmaking Ambitions Get a Boost Tata Group, India’s industrial behemoth, is set to play a pivotal role in the nation’s burgeoning semiconductor industry. The conglomerate’s ambitious plan to establish a state-of-the-art semiconductor assembly and test facility in Assam took a significant step forward with the recent groundbreaking ceremony. A Vision Realized Announced by Tata

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Nazara Technologies Expands Global Reach with New UK Subsidiary

Nazara Technologies Expands Global Reach with New UK Subsidiary

  Gaming giant Nazara Technologies has announced the establishment of a new subsidiary, Nazara Technologies UK Ltd, in the United Kingdom. This strategic move is aimed at expanding the company’s gaming operations in the UK and leveraging new market opportunities. Strategic Expansion in the UK Market In a recent filing, Nazara Technologies emphasized that the

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Foxconn's Strategic Move: Assembling Apple iPads in India to Boost Local Manufacturing

Foxconn’s Strategic Move: Assembling Apple iPads in India to Boost Local Manufacturing

In a strategic move to diversify beyond manufacturing iPhones and AI servers, Apple supplier Foxconn is reportedly set to assemble iPads in India. This significant development will take place at Foxconn’s Sriperumbudur facility in Tamil Nadu. Expanding Operations: From iPhones to iPads Foxconn, known for its extensive iPhone manufacturing operations in India, is now evaluating

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Google Partners with Anant Raj to Revolutionize Cloud Computing and Data Centre Infrastructure in India

Google Partners with Anant Raj to Revolutionize Cloud Computing and Data Centre Infrastructure in India

Tech giant Google has signed a memorandum of understanding (MoU) with real estate developer Anant Raj to offer cutting-edge cloud computing services and data centre infrastructure to enterprises. This strategic partnership aims to leverage both companies’ strengths to meet the growing demand for digital solutions in India. Collaboration for AI-Infused Solutions Under the agreement, Anant

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