India

16 Dec

Ola’s Bhavish Aggarwal launches Krutrim, India’s own AI

Priyanka BhowmickBusiness, India, Technologyindia

Ola founder Bhavish Aggarwal on Friday announced a "made for India" ChatGPT equivalent that he said will support 10 Indian languages. Several enterprises in India are working on similar initiatives, partly based on the government's Bhashini Mission which is creating a database of Indian languages that can be used to train AI models.Called Krutrim, Sanskrit for artificial, Aggarwal's AI company will have a distinct identity from Ola's mobility and EV business. Agarwal says the company was incorporated in April as Krutrim SI Design with teams based in Bengaluru and San Francisco.Krutrim will debut in January with a beta version that…

15 Dec

Mumbai resident ordered food worth Rs 42.3 lakh from Swiggy in 2023

Priyanka BhowmickBusiness, IndiaBusiness, india

Want to know how much India Swiggy'd this year? Well, food delivery juggernaut Swiggy has just dropped its annual culinary data – the 2023 'Swiggy Wrap' report. And remember, the report isn't your typical snoozefest; It's a delicious journey filled with 'tasty' news about Swiggy's top customers and eye-popping orders. After all, a Mumbai resident stole the spotlight as one of Swiggy's high rollers, spending Rs 42.3 lakh on food throughout the year. pause Yes, you read that right – a small fortune in gastronomic delight! The internet collectively rubbed its eyes in disbelief at this culinary scene, doing a…

14 Dec

Foxconn to invest an additional Rs 13,911 crore in Karnataka

Priyanka BhowmickBUSINESS, IndiaBusiness, india

Karnataka's State High-Level Clearance Committee (SHLCC), headed by Chief Minister Siddaramaiah, on December 12 approved Foxconn's investment of an additional Rs 13,911 crore. Karnataka's Large and Medium Industries and Infrastructure Development Minister MB Patil said the company was earlier approved to invest Rs 8,000 crore in the state. "SHLCC has approved Foxconn's proposal to invest an additional ₹13,911 crore", he said. Officials said the additional investment has been earmarked for a manufacturing facility within the Information Technology Investment Zone (ITIR) industrial area at Doddallapur in Devanahalli Taluk. In May 2023, Hon Hai Precision Industry (Foxconn) acquired land worth Rs 300…

13 Dec

Ibrahim Ali Khan and Khushi Kapoor to pair up for Karan Johar’s new film

Priyanka BhowmickEntertainment, IndiaEntertainment, india

Famous for unleashing new talent, Karan Johar continues his tradition by providing a debut platform for Saif Ali Khan and Amrita Singh's son Ibrahim Ali Khan in the upcoming film Sarzameen. Directed by Boman Irani's son Kayoz Irani, who made his debut with Karan's Student of the Year, the film marks another addition to Karan's list of new faces. Now it looks like Khushi Kapoor, who played Betty Cooper in Zoya Akhtar's The Archies, has signed her next project. Karan Johar is set to cast Khushi Kapoor and Ibrahim Ali Khan in a film directed by his assistant Shauna Gautam.…

12 Dec

‘Ayodhya’s Ram Mandir Will Not Need Repairs For Thousand Years’

Business CorrespondentIndia

After the approval of Supreme Court, the construction of Ayodhya Temple at Ram Janmabhoomi in Ayodhya, has completed the first phase of project and it is left with two more phases. The designed of the temple was drawn by a team under popular architect Chandrakant Bhai Sompura, the Nagara-style temple is mainly made up of pink sandstone and carved marble bought from Mirzapur and Bansi-Paharpur in Rajasthan. It has been also said that, 17,000 granite stones, which weighs 2 tonnes per stones, have been used for the construction of temple. As per the reports from the trustees, the temple will…

12 Dec

Jayesh Sanghrajka is new Infosys CFO as Nilanjan Roy resigns

Priyanka BhowmickBusiness, IndiaBusiness, india

Infosys Chief Financial Officer Nilanjan Roy has resigned with effect from March 31, 2024. The IT services major has announced the appointment of Jayesh Sangharajka as the new CFO effective April 1. Roy's resignation comes at a time when Infosys and other tier-I IT services peers including Wipro, HCLTech and TCS are witnessing top-level exits. In a statement, Infosys said Roy, who was appointed to the role in 2018, decided to step down to pursue his personal aspirations outside of Infosys. In the last one and half years, former presidents Ravi Kumar S and Mohit Joshi resigned from the organization.…

11 Dec

Tata to build India’s biggest iPhone manufacturing plant in Tamil Nadu

Priyanka BhowmickBusiness, IndiaBusiness, india

Tata is set to build India's largest Apple iPhone manufacturing plant in Tamil Nadu, creating employment for over 50,000 people. In a move to boost South Asian manufacturing and production of Apple products, Tata is set to build India's largest iPhone assembly plant in Tamil Nadu. The plant will be built in Hosur, news agency Bloomberg reported. The iPhone factory is expected to have more than 20 assembly lines and employ more than 50,000 workers within two years, sources told Bloomberg. The goal is to have the site up and running in 12-18 months. The plant will strengthen Apple's efforts…

09 Dec

Spotify’s CFO Paul Vogel is leaving the company

Priyanka BhowmickBusiness, IndiaBusiness, india

Spotify's chief financial officer will step down next year, according to the music streaming service, just days after announcing a third round of layoffs for 2023. In a statement announcing CFO Paul Vogel's departure, Spotify CEO Daniel Ek said the two 'came to the conclusion that Spotify was entering a new phase and needed a CFO with a different mix of experience.' Spotify said this week it would cut 17 percent of its global workforce, citing the need to cut costs and become profitable. About 1,500 people will lose their jobs, a spokesman confirmed to the Associated Press (AP). Shortly…

08 Dec

Junior Mehmood dies at 67 after a long battle with stomach cancer

Priyanka BhowmickEntertainment, IndiaEntertainment, india

Veteran actor Jr Mehmood is currently battling stage four cancer. His close friend Salam Kazi recently revealed that the actor was unwell for 2 months. After Johnny Lever met Jr. Mehmood at his Mumbai residence a few days ago, Jr. Mehmood's old friends and veteran actors Jeetendra and Sachin Pilgaonkar also visited his ailing friend on Tuesday at his residence to fulfill his last wishes. Speaking to Hindustan Times about his visit with junior Mehmood, Jitendra said he was there by his bedside but he did not recognize him. "He is in so much pain, he can't open his eyes.…

07 Dec

Kerala doctor dies by suicide over ‘dowry demand’

Priyanka BhowmickCrime, IndiaCrime, india

A 26-year-old doctor committed suicide in Kerala's Thiruvananthapuram, allegedly after her boyfriend refused to marry her as her family could not meet dowry demands. State Health Minister Veena George has ordered an inquiry into the death of Dr Shahana, who was pursuing a post-graduate course at the Department of Surgery, Government Medical College, Thiruvananthapuram. The police have registered a case against the lover under the Abetment to Suicide and Dowry Prevention Act. They recorded the statement of the woman's relatives. According to local media reports, Dr. Shahana lived with her mother and two siblings. His father, who worked in the…