An official statement from the business has revealed that Head of Microsoft India, Anant Maheshwari The former head of Microsoft India, Maheshwari, resigns from his post after serving in the …
Team, Endoc
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BusinessFinance
Adani Raises $9 Billion In 4 Years By Selling Stakes In 3 Companies
by Team, Endocby Team, EndocAs the conglomerate attracts interest from a variety of investors, billionaire Gautam Adani has raised USD 1.38 billion (Rs 11,330 crore) from selling stakes in three group firms, bringing the…
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BusinessFinance
SpiceJet Board Could Opt To Offer Equity Shares As A Means of Raising Capital
by Team, Endocby Team, EndocThe SpiceJet board will decide on raising capital on July 12 by issuing preferred equity shares or convertible instruments. The SpiceJet board announced in a regulatory filing late Sunday that…
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TechnologyBusiness
Suzlon Energy Board Accepts Plan To Raise Rs 2000 Crore
by Team, Endocby Team, EndocSuzlon Energy announced earlier this week that the business intends to call a board meeting to discuss and authorize raising money. The board has given the go-ahead to raise Rs…
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Finance
Investors Express Outrage When Reliance Retail Accepts A Share Capital Cut, Saying They “Lost 60% Overnight.”
by Team, Endocby Team, EndocReliance Retail said on Friday that the equity share capital will be reduced to the degree that it was owned by shareholders other than the holding company of its promoters.…
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Business
Jaiprakash Associates Defaults On Loans Totaling 4,044 Crore, Including Principal and Interest
by Team, Endocby Team, EndocJaiprakash Associates, the parent company of the Jaypee Group, confirmed on July 7 that the company had defaulted on loans totaling Rs. 4,044 crores, including principal and interest. According to…
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FinanceCountry
Joe Biden Advises China’s Xi Jinping To “Be Careful” After Meeting With Putin
by Team, Endocby Team, EndocFollowing his meeting with Vladimir Putin, US President Joe Biden advised Chinese President Xi Jinping to “be careful” since Beijing depends on foreign investment. This occurs while US-China relations are…
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Business
Prashant Jhaveri, CEO of Flipkart Health+, Is Resigning; The Business Appoints An Internal Successor
by Team, Endocby Team, EndocPeople with knowledge of the situation say that Prashant Jhaveri, the chief executive of Flipkart’s online pharmacy, Flipkart Health+, is departing the company after joining less than a year ago.…
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CountryPolitics
Gujarat High Court Rejects Rahul Gandhi’s Request For A Stay Of Execution In A Defamation Lawsuit
by Team, Endocby Team, EndocRahul Gandhi, a former MP and leader of the Congress, filed a review petition with the Gujarat High Court asking for a stay of execution in a criminal defamation action…
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BusinessFinancescience and engineeringTechnology
TCS Will Train 25,000 Staff Members On Generative AI Technologies from Microsoft And OpenAI
by Team, Endocby Team, EndocAdditionally, the firm unveiled TCS Generative AI Enterprise Adoption, a generative AI business product that allows companies to install OpenAI’s generative AI business capabilities via the Azure cloud platform. The…
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Business
Morgan Stanley’s Model Predicts That AI Will Increase Valuation of Microsoft To $3 Trillion
by Team, Endocby Team, EndocThe value is “still reasonable,” says Weiss, despite a 42% increase in share price this year. “Remains in line with historical averages, despite the unrivaled generative AI positioning,” he said…
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science and engineeringTechnology
The launch of Chandrayaan-3 Is Scheduled for July 14 With A Gentle Lunar Landing, According To ISRO
by Team, Endocby Team, EndocTo show end-to-end capabilities in safe landing and wandering on the lunar surface, this mission is a follow-up to Chandrayaan-2. It is set up as a lander and rover. The…
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With $5.5 billion in total capital, Indian startup funding fell by 72% in the first half of 2023 compared to the same time in the previous year. Additionally, fewer investment…
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Technology
Tesla Inc. Reduced Its Battery Production Personnel In Shanghai Facing A Severe Price Battle In China.
by Team, Endocby Team, EndocAccording to people familiar with the issue, Tesla Inc. has apparently started laying off some of the employees at its Shanghai factory responsible for producing batteries. This action is being…
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BusinessFinance
Maruti Suzuki India CEO Aims To Double Revenue By 2030–2031
by Team, Endocby Team, EndocAccording to Hisashi Takeuchi, the company’s managing director and CEO, Maruti Suzuki India wants to double its revenue from FY22 levels to about Rs 1.68 lakh crore by 2030–31 in…
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CountryBusinessFinance
India’s Overall Exports Via Amazon Global Selling Are Expected To Reach $8 Billion In 2023
by Team, Endocby Team, EndocThe cumulative shipments by Indian exporters through Amazon’s e-commerce exports program, Amazon Global Selling, are expected to reach $8 billion in 2023, according to the company’s Shipments Digest 2023, which…
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FinanceCountry
India’s GDP Reached 7.2% in FY 23, According To The Finance Ministry’s Annual Economic Review Report
by Team, Endocby Team, EndocThe Annual Economic Review report for May 2023 was issued by the Finance Ministry on Thursday. According to the study, a robust fourth quarter helped India’s GDP reach 7.2% in…
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Business
Pankaj Goel of Razorpay Is Appointed As The New CTO of BharatPe
by Team, Endocby Team, EndocWith Pankaj Goel joining the team, we are confident that we can create best-in-class fintech products that will further enable the next phase of growth for the BharatPe Group of…
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Technology
5 Million People Join Up For Meta’s Twitter Clone Threads In Only 4 Hours
by Team, Endocby Team, EndocIn contrast to Elon Musk’s apparent attempt to destroy Twitter, Meta CEO Mark Zuckerberg has launched a competing platform called “Threads,” and users are rushing to it. Zuckerberg said on…
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science and engineeringEducation
Could The Earth Be Saved By Scraping The Ocean’s Deepest Region?
by Team, Endocby Team, EndocScientists have been searching for answers to preserve what is left as the world faces fast climate change that is having an impact on the most pristine ecosystems on Earth. …
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BusinessFinanceTechnology
Google Selected 20 Indian Startups For It’s Accelerator Program
by Team, Endocby Team, EndocTwenty Indian startups, including the railway ticketing software Trainman, have been chosen by Google for the seventh iteration of its Google for Firms Accelerator program. A three-month, equity-free accelerator program…
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BusinessFinance
Byju’s Promoters Have Traded Shares Totaling $408.53 Million
by Team, Endocby Team, EndocByju Raveendran, the company’s founder and CEO, has sold 29,306 shares for a total value of $3.28 million since 2015. According to research and data portal PrivateCircle, Byju’s CEO Raveendran,…
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science and engineeringBusinessCountryEducation
Do Your Kids Consume Fatty, Sugary Food? WHO Releases Recommendations Against Harmful Foods Advertising
by Team, Endocby Team, EndocThe WHO has updated its recommendations for guarding against the marketing of harmful foods to children, emphasizing the necessity of stringent rules and laws. The World Health Organization (WHO) has…
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Country
White House Closed After Cocaine Was Discovered In Joe Biden-Frequented Areas
by Team, Endocby Team, EndocThe White House was temporarily closed on Sunday after a cocaine substance was discovered within the US Presidential compound, according to The Washington Post. The White House’s West Wing is…
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science and engineering
AI Can Boost Productivity, Cut Expenses, And Boost Employee Happiness, According To Guy Waterman
by Team, Endocby Team, Endoc“Generative AI can have an immediate impact on the workplace with improved productivity, reduced costs, better data quality, and higher employee satisfaction,” claims Guy Waterman, VP of People Analytics, HCM…