BUSINESS
Davos 2024: Apollo Tyres to go capex light, focus on internal consolidation using AI
The firm has set up two innovation hubs in London and in Hyderabad, where it is analyzing machines and plants and equipment, all the data is now real-time in cloud
BUSINESS
Davos 2024: Cash-strapped Vodafone Idea needs 'serious capital', says Sunil Mittal
Bharti Enterprises chairperson Sunil Mittal also termed a few OTT companies "guzzlers of network" and called for fair contribution for network consumption from them
BUSINESS
Davos 2024: Ram Mandir, reflection of India's goodness; plan to be in Ayodhya on Jan 22, says Sunil Mittal
Bharti Enterprises chairperson Sunil Mittal urged everyone, across religions, to take part in the consecration ceremony of the Ram Temple in Ayodhya scheduled to take place on January 22
BUSINESS
Davos 2024: Sunil Mittal says 3rd term for Modi govt looks likely, pitches for business continuity
Bharti Enterprises chairperson Sunil Mittal said that India does not have be 'sold' anymore and that, people are instead attracted to the country, in terms of investment and wanting to do business in India.
TECHNOLOGY
Davos 2024: No exclusive incentive scheme for Tesla to make in India, says DPIIT Secy
DPIIT Secretary Rajesh Kumar Singh says that India's digital public infrastructure enables it to leverage huge volumes of data to train AI models
BUSINESS
Davos 2024: From Ikea to Mastercard, here’s why global leaders believe India is a bright spot
Despite an air of pessimism prevailing among policymakers and global corporate leaders due to ongoing geopolitical risks, inflationary pressures, and rising interest rates, many have highlighted the underlying fundamentals that favour India's growth.
TECHNOLOGY
Davos 2024: YouTube will be 'incredibly vigilant' in combating deepfakes, says Neal Mohan
The YouTube CEO's comments come ahead of a busy election season in India and several other countries, where governments are formulating strategies to regulate deepfakes and other AI-generated content
TECHNOLOGY
Davos 2024: Tamil Nadu's workforce unmatched, will take time for other states to catch up, says minister Rajaa
The 47-year-old minister said they aim to create high-end, high-value jobs for the youth in Tamil Nadu and generate employment opportunities for rural women, extending growth to every corner of the state.
BUSINESS
Davos 2024: India’s digitisation, financial inclusion efforts benefiting SMEs, says Ling Hai of Mastercard
Ling Hai, President, International Markets at Mastercardsaid there is a lot of optimism about India globally, with fundamentals like easing inflation, rising spending power, exports, service sector, and people's confidence driving economic growth
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.
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.
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.
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.
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
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
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.
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
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.
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
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.
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
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
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.
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
