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
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.
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.
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
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
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.
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.
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
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.
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.
TECHNOLOGY
Very few jobs will be completely replaced by AI: IBM HR chief Nickle LaMoreaux
In an exclusive interview with Moneycontrol, Nickle LaMoreaux, IBM’s Chief Human Resources Officer, said AI will only automate certain tasks and not replace employees at Big Blue, helping them focus on work that lets them move up the value chain.
TECHNOLOGY
Flipkart's Binny Bansal launches OppDoor, his latest e-commerce startup
The company is registered in Singapore and was incorporated in May 2021, per filings. OppDoor was earlier called Three State Ventures Pte Ltd, which is Binny Bansal’s venture capital firm that operates from Singapore.
TECHNOLOGY
Infosys alleges unfair employee poaching by Cognizant, sends missive to the firm
The standoff with Cognizant comes at a time when both Infosys and Wipro are battling a tough business environment coupled with senior management attrition.
BUSINESS
Wipro shares abuzz on Sanjay Jalona hire, company denies move
The move comes at a time when incumbent CEO Thierry Delaporte has been under pressure for middling growth, falling margins and a raft of top level exits.
