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Davos 2024: Mastercard's $7 bn cybersecurity investment shows commitment to safety: Ling Hai, President, International Markets

BUSINESS

Davos 2024: Mastercard's $7 bn cybersecurity investment shows commitment to safety: Ling Hai, President, International Markets

On annual basis, Mastercard prevents 125 billion transactions from being hacked, with Artificial Intelligence (AI) playing an important role in its cybersecurity systems.

Davos 2024: India story is of resilient growth, value addition in electronics manufacturing, says EY India chief Rajiv Memani

TECHNOLOGY

Davos 2024: India story is of resilient growth, value addition in electronics manufacturing, says EY India chief Rajiv Memani

With the government readying to present its last Budget before the general election, Memani said that any tax relief to individuals suffering under the impact of inflation will help the economy.

Davos 2024: PM Modi's likely return to power good news for investors, says Axis Bank's Chaudhry

BUSINESS

Davos 2024: PM Modi's likely return to power good news for investors, says Axis Bank's Chaudhry

Many leaders at the World Economic Forum (WEF) 2024 are betting big on India's growth story.

Davos 2024: Banks will react to RBI caution on unsecured loans, regulator watching trend closely, says Axis Bank CEO

BUSINESS

Davos 2024: Banks will react to RBI caution on unsecured loans, regulator watching trend closely, says Axis Bank CEO

RBI, on November 16, increased the risk weight on consumer credit from 100 to 125 percent.

Davos 2024: From serving Pongal to singing state songs, Indian delegates talk business amid cultural celebrations

BUSINESS

Davos 2024: From serving Pongal to singing state songs, Indian delegates talk business amid cultural celebrations

Davos 2024: Indian states take centre stage in 54th World Economic Forum (WEF) annual meeting

Davos 2024: India needs to develop profitable semiconductor firms that become world leaders, says Chip War author Chris Miller

TECHNOLOGY

Davos 2024: India needs to develop profitable semiconductor firms that become world leaders, says Chip War author Chris Miller

India should make sure it's spending just as much time focusing on building out its design ecosystem as it has its manufacturing and assembly ecosystems, says Chris Miller ahead of meeting Union Minister Ashwini Vaishnaw in Davos

Davos 2024: IKEA plans 20% price cut in India, says Deputy CEO Juvencio Maeztu

BUSINESS

Davos 2024: IKEA plans 20% price cut in India, says Deputy CEO Juvencio Maeztu

Juvencio Maeztu, Deputy CEO of Ingka Group, the company that runs IKEA, said that the home furnishing brand will be expanding its store count and enhancing its online footprint in India.

Davos 2024: Tech Mahindra’s CEO Mohit Joshi is confident of bringing back high margins and growth

TECHNOLOGY

Davos 2024: Tech Mahindra’s CEO Mohit Joshi is confident of bringing back high margins and growth

The IT company’s CEO and MD says he is bullish on the medium to long-term growth of the sector even as the industry continues to reel from a slowdown

Davos 2024: AI transformation is on top of the mind for businesses, says Publicis Sapient's Nigel Vaz

BUSINESS

Davos 2024: AI transformation is on top of the mind for businesses, says Publicis Sapient's Nigel Vaz

When it comes to countries that are ahead in the AI and transformation race, Vaz said that Asia is leapfrogging in terms of the adoption of data and AI.

Davos 2024: India's massive digital infra will help it take AI leap, says PwC chief Bob Moritz

TECHNOLOGY

Davos 2024: India's massive digital infra will help it take AI leap, says PwC chief Bob Moritz

India's CEOs are much more confident of their businesses than global counterparts about the next 12 months, shows PwC survey

Davos 2024: Moving towards G0 and T3 world order, says BCG's Neeraj Aggarwal

BUSINESS

Davos 2024: Moving towards G0 and T3 world order, says BCG's Neeraj Aggarwal

Speaking about the impact of artificial intelligence, BCG's Neeraj Aggarwal said this is a big change akin to the Industrial Revolution.

Davos 2024: Instamart can be larger than food delivery, says Swiggy boss Sriharsha Majety

TECHNOLOGY

Davos 2024: Instamart can be larger than food delivery, says Swiggy boss Sriharsha Majety

Majety's comments come at a time when the food delivery industry continues to grow but at a slower pace because of increased penetration

Davos 2024: India will account for 30% of Deloitte's global workforce, says south Asia head Romal Shetty

BUSINESS

Davos 2024: India will account for 30% of Deloitte's global workforce, says south Asia head Romal Shetty

Shetty said some of the areas that Deloitte India would invest includes AI, renewables and energy, cloud, digital and cyber

Davos 2024: Global funds to funnel more capital towards India in 2024, says Manish Kejriwal of  Kedaara Capital

BUSINESS

Davos 2024: Global funds to funnel more capital towards India in 2024, says Manish Kejriwal of Kedaara Capital

Founder and Managing Partner at Kedaara Capital, Manish Kejriwal is optimistic about global funds like Bain Capital, KKR, TPG deploying a majority of their recently closed funds in the Indian market. He added that such finds will adopt a multi-asset strategy.

Davos 2024: Quality of India's capital goods at par with global standards, says Hitachi India MD Bharat Kaushal

TECHNOLOGY

Davos 2024: Quality of India's capital goods at par with global standards, says Hitachi India MD Bharat Kaushal

Managing director of Hitachi India Bharat Kaushal said that value, volume amortisation has improved because of the better standards of capital goods industry in India

Davos 2024: IPO preparations underway, says Swiggy's Sriharsha Majety

TECHNOLOGY

Davos 2024: IPO preparations underway, says Swiggy's Sriharsha Majety

Majety said he has met Zomato founder Deepinder Goyal and asked him what it is like to run a listed food delivery business. Goyal is one among the many tech company founders that Majety has met.

MC At Davos: Expect PM Modi to be re-elected, good for India and the world, says Martin Sorrell

TECHNOLOGY

MC At Davos: Expect PM Modi to be re-elected, good for India and the world, says Martin Sorrell

Martin Sorrell, Executive Chairman of S4 Capital, said he remains bullish on India, emphasising that the country is well positioned and expected to become the world's third largest economy by 2025.

Davos 2024: No one wants AI used to wage unjust war: Andrew Ng on OpenAI's policy shift

TECHNOLOGY

Davos 2024: No one wants AI used to wage unjust war: Andrew Ng on OpenAI's policy shift

‘I'm seeing a lot of regulation that I think runs the risk of stifling the technology and this will be to the detriment of everyone,’ says former head of Google Brain 

Davos 2024: McKinsey's Noshir Kaka explains his 20-30-40-80 rule on Gen AI first movers

BUSINESS

Davos 2024: McKinsey's Noshir Kaka explains his 20-30-40-80 rule on Gen AI first movers

First movers in the generative AI will have a huge advantage in growth and efficiency but most importantly, in people, because latest technology is where the “good talent” wants to go, he says

Davos 2024: Clear winner in India's EV industry is yet to emerge, says Hero Motocorp's CEO Niranjan Gupta

TECHNOLOGY

Davos 2024: Clear winner in India's EV industry is yet to emerge, says Hero Motocorp's CEO Niranjan Gupta

Hero MotoCorp's Niranjan Gupta said that the company will increase its focus on electric vehicles in the long run, in addition to investing in premium vehicles and digitisation.

Davos 2024: LLMs are hyper competitive, better to build GenAI apps: Andrew Ng's advice to AI startups

TECHNOLOGY

Davos 2024: LLMs are hyper competitive, better to build GenAI apps: Andrew Ng's advice to AI startups

Coursera’s chief executive officer Jeff Maggioncalda added that such domain-specific applications using domain-specific data will unlock a lot of value, and competitive advantage. 

Too early to say generative AI is affecting jobs, says McKinsey’s Noshir Kaka

BUSINESS

Too early to say generative AI is affecting jobs, says McKinsey’s Noshir Kaka

Noshir Kaka, a senior partner at McKinsey, said that thanks to generative AI, he sees a 20 percent expansion of the total addressable market in the form of new service lines. Kaka also sees a 30 percent jump in productivity and 40 percent greater opportunity in support functions

Davos 2024: WEF's Cathy Li highlights India's role in global AI landscape

TECHNOLOGY

Davos 2024: WEF's Cathy Li highlights India's role in global AI landscape

While many advancements in AI technology are coming from the West, Li believes that the first-mover advantage doesn't always guarantee the best position.

SoftBank to restart India investments mid-2024 as founders reset valuations: Sumer Juneja

TECHNOLOGY

SoftBank to restart India investments mid-2024 as founders reset valuations: Sumer Juneja

As India's second batch of unicorns go public, SoftBank’s Sumer Juneja says the country's mutual funds are the most important cogs in the wheel of pricing IPOs.

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