Author: ananya.seth

Tata Technologies, an engineering and product development services company, is set to test the public markets after two decades as a privately held firm. The company has filed for an initial public offering (IPO) to raise around $400 million, making it one of the biggest public offerings in India this year. Tata Technologies was founded in 1989 as a joint venture between Tata Motors and IBM. Over the years, it has grown into a global engineering and technology services company with operations in more than 20 countries. The company provides design and development services, manufacturing solutions, and software products to…

On March 5th, 2024, Xi Jinping started his third term as China’s President. The 69-year-old leader has been in power since 2013 and is expected to continue his authoritarian regime for another five years. Xi Jinping’s third term comes at a time of global uncertainty, with the COVID-19 pandemic, climate change, and tensions between the United States and China dominating the global stage. Xi Jinping’s rise to power has been characterized by his focus on nationalism, economic development, and consolidation of power. He has led a massive anti-corruption campaign, which has targeted both high-ranking officials and low-level bureaucrats. This campaign…

On March 4, 2021, the US Senate ‘s Relations Committee voted in favor of Eric Garcetti, the Mayor of Los Angeles, to serve as the US Ambassador to India. The vote passed with 20 members in favor and only 3 opposed, signaling strong bipartisan support for Garcetti’s nomination.  Garcetti has served as Mayor of Los Angeles since 2013 and has been re-elected twice, making him the longest-serving mayor in the city’s history. During his time as mayor, Garcetti has focused on improving infrastructure, tackling homelessness, and promoting sustainability. He has also been an advocate for increased trade and investment between…

Reliance, one of India’s largest conglomerates, is set to launch its beauty app, Tira, with the first physical store opening in April. The app is designed to cater to the growing demand for personalized beauty solutions in India, which is one of the fastest-growing beauty markets in the world. Tira is a one-stop shop for all beauty needs, offering a range of products and services including makeup, skincare, haircare, fragrances, and personal care products. The app provides users with a personalized experience, offering product recommendations based on their skin type, skin concerns, and personal preferences. One of the key features…

New Delhi, India – The Indian government has announced its intention to introduce a new retail trade policy aimed at promoting the ease of doing business for traders. The policy will be implemented to improve the overall efficiency and competitiveness of the retail sector and will apply to both online and offline retailers.  Retail Trade Policy The policy has been designed to streamline various aspects of the retail industry, including licensing, taxation, and labor laws. The aim is to create an environment that is more conducive to business, with fewer bureaucratic hurdles and more growth opportunities. The government has been…

The subscription for the 2024-24 series of the Sovereign Gold Bond (SGB) scheme opened today, providing an opportunity for investors to buy gold in paper form while enjoying various benefits. The subscription period for the scheme will be open from March 6 to March 10, 2024. The Sovereign Gold Bond Scheme The SGB scheme was launched by the Government of India in November 2015 to provide a means for investors to invest in gold without the need for physical possession of the metal. The scheme is considered a safer option for investing in gold as it eliminates the concerns of…

A leading provider of ADAS, that is Advanced Driver-assistance Systems, Acsia Technologies has announced the acquisition of Arctictern which is a German Automotive startup. This move suggests the company’s aim to strengthen its position in the automotive technology market, which is rapidly increasing. This they are ensuring by expanding their product portfolio. Founded in 2016, the company is a specialist in the development of software solutions in the automotive industry. Their main focus is on connected vehicles and their intelligent mobility. The company’s products include a range of software tools and platforms for vehicle-to-everything (V2X) communication, predictive maintenance, and real-time…

The state of Texas has long been a hub for innovation and entrepreneurship, with its thriving startup ecosystem attracting businesses and talent from around the world. In recent years, the state has also made a concerted effort to support startups through targeted policies and initiatives. However, a recent decision by the Texas Comptroller’s office has thrown a wrench into one of the state’s key startup policies: tax incentives for investors. The UT Startup Policy The UT Startup Policy was launched in 2019 by the University of Texas System Board of Regents to promote startup activity and innovation across the state.…

China sets lowest GDP China’s annual parliamentary meeting, the National People’s Congress, recently opened with an announcement of a new GDP growth target of around 5% for 2021. This target is significantly lower than previous years and represents the country’s lowest growth target in decades. The decision to set a lower GDP growth target is a response to the economic impact of the COVID-19 pandemic, which has resulted in a slowdown in economic activity around the world. The Chinese economy, which was one of the first to be hit by the pandemic, has been recovering in recent months, but the…

Apple recently approved a new app that is powered by ChatGPT, a cutting-edge language model developed by OpenAI. The app has been designed to offer users a novel way of interacting with artificial intelligence through a conversational interface. However, before giving the green light for the app to be launched on the App Store, Apple took great care to ensure that the app was properly moderated. The ChatGPT model has been making waves in the artificial intelligence world since its inception. It uses a combination of deep learning techniques and natural language, processing to generate human-like responses to text-based queries.…