Adani Power receives NCLT clearance to acquire Lanco Amarkantak Power

Adani Power receives NCLT clearance to acquire Lanco Amarkantak Power

Adani Power said on Thursday that the NCLT Hyderabad bench has authorized its bid to acquire Lanco Amarkantak Power Ltd (LAPL) for an upfront payment of Rs 4,101 crore. LAPL is now undertaking the Corporate Insolvency Resolution Process...

Billionaire Adani plans to revamp family offices, increase oversight, hire auditors and CEO

Billionaire Adani plans to revamp family offices, increase oversight, hire auditors and CEO

According to persons familiar with the situation, billionaire Gautam Adani intends to recruit a chief executive officer and select auditors from a premier international company for his family offices in order to increase the level of transparency...

Tech Mahindra and Google Cloud join hands to enhance GenAI application

Tech Mahindra and Google Cloud join hands to enhance GenAI application

Tech Mahindra and Google Cloud established a strategic agreement to increase the use of generative AI (GenAI) across multiple Mahindra & Mahindra (M&M) organizations, with the goal of advancing digital transformation. This agreement is a...

Microsoft clarifies the advantages of AI and updates business unit reporting

Microsoft clarifies the advantages of AI and updates business unit reporting

In an effort to provide investors a more accurate picture of the contributions of artificial intelligence, Microsoft reorganized how it discloses results for its business divisions on Wednesday. Specifically, certain search and news advertising...

Rajesh Varrier Appointed as the Global Head of Operations and India CMD at Cognizant

Rajesh Varrier Appointed as the Global Head of Operations and India CMD at Cognizant

Following Rajesh Nambiar's departure to become Nasscom president, IT company Cognizant announced the hiring of Rajesh Varrier as global head of operations and India Chairman and Managing Director. Nasscom said in a separate...

Zoom Increases Webinar Capacity to One Million Attendees

Zoom Increases Webinar Capacity to One Million Attendees

Zoom, a platform for video conferences, has announced a significant improvement to its webinar features, allowing up to 1 million viewers to join a session at once. Following many high-profile political fundraising events that exceeded the...

Cisco acknowledges layoffs, but why do workers still have to endure "painful suspense"?

Cisco acknowledges layoffs, but why do workers still have to endure

This year's second round of layoffs at Cisco has rocked the organization. Employees apparently still don't know their destiny for weeks, even after the corporation announced the job layoffs in an SEC filing last week. Several Cisco staff...

Neville Tata assumes the helm at Star Bazaar, marking a new era for the Tata Group retail business

Neville Tata assumes the helm at Star Bazaar, marking a new era for the Tata Group retail business

Neville Tata has taken over leadership of Star Bazaar, Trent Ltd's hypermarket business and a significant retail component of the Tata Group. Trent Ltd has highlighted its hypermarket category as a key development area, led by CEO P...

OpenAI Inks a Content Deal with Conde Nast

OpenAI Inks a Content Deal with Conde Nast

OpenAI, helmed by Sam Altman, announced on Tuesday a multi-year relationship with Conde Nast to show material from its brands such as Vogue and the New Yorker within the AI startup's products, which include the ChatGPT and SearchGPT...

Apple begins preparing employees to build Made-in-India iPhone Pro models

Apple begins preparing employees to build Made-in-India iPhone Pro models

According to sources cited by Bloomberg News on August 20, Apple Inc. has begun training hundreds of workers at its Tamil Nadu manufacturing to make the iPhone 16 Pro and Pro Max as close to the global launch as feasible. With its partner...

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