The World Economic Forum has been desperately trying to reinvent itself, but Davos Man’s heydays are a thing of the past
Ukraine War, energy and food crises, climate crisis, globalisation, inflation, global economy, supply chain crisis, and cybersecurity were among the topics that dominated the five days of debate at the WEF 2023 in Davos
WEF president Borge Brende said that despite many difficult issues facing the global community, progress had been made at the meeting, especially in tackling the most urgent crises of food, energy and climate.
The threat of rising inflation seems to have abated in many parts of the world, thanks in part to interest rate increases from some central banks, experts said on the last day of the World Economic Forum Annual Meeting 2023 in Davos.
Amid looming threats of cost of living crises emanating from the Ukraine war and continuing pandemic-related risks, the leaders on Friday said there is a need for a resilient and determined approach towards a green and inclusive growth.
It also saw India emerging as a key pillar in the world order with WEF Founder and Executive Chairman Klaus Schwab describing the country as a bright spot in a fragile world.
Davos 2023: Irani asked India Inc. to take initiatives to increase women participation in the workforce in the wake of various women friendly laws announced by the government.
World Economic Forum | Davos 2023 | Moneycontrol @ Davos Amid the major tech layoffs from Microsoft and other big tech companies, C Vijaykumar MD & CEO of HCL Tech is optimistic about hiring 30,000 people in the coming 12 months. He speaks to us about the tech budget, growth in 2023, & the position of HCL tech at WEF. Watch now.
World Economic Forum | Davos 2023 | Moneycontrol @ Davos ‘As far as tech budgets are concerned I think it is double-digit growth for Tech Mahindra’, CP Gurgani the CEO & MD of Tech Mahindra speaks to us at WEF. He talks about Microsoft layoffs, IT growth in 2023 and much more. Watch now!
World Economic Forum | Davos 2023 | Moneycontrol @ Davos The World Economic Forum has begun in Davos and Moneycontrol has been tracking the summit ON GROUND. We bring you a round-up of all that's happened today, including the biggest voices: Raghuram Rajan, Former RBI Governor, Anurag Jain, DPIIT, Anish Shah, Tech Mahindra. Tune in for a full update of everything that's happened at the summit so far!
India’s economy stands out as a bright spot in a world that looks poised for recession, says Shah.
President Volodymyr Zelenskiy told WEF delegates by video link that Western supplies of tanks and air defence units should come more quickly and be delivered faster than Russia was able to carry out its own attacks.
There is a "huge opportunity" in India, the Tata Group chairman said, adding that the fear of private sector not coming to India is unfounded.
World Economic Forum | Davos 2023 | Moneycontrol @ Davos Siemen's Board Member Matthias Rebellius speaks to Moneycontrol at the World Economic Forum in Davos, said that he is not sure when and where will the recession come but people are carefully optimistic about India and the global economy. He also talked about Siemens importance in India and how it is supporting India's transition to clean and renewable energy. Watch for more.
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Infosys CEO Salil Parekh speaks to Moneycontrol at the World Economic Forum in Davos, and says things are looking up in this calendar year. 'See a great opportunity for the tech business overall', he says. He also speaks about Infosys' Q3 numbers, guidance, and opportunity in the cloud space. Watch!
World Economic Forum | Davos 2023 | Moneycontrol @ Davos The World Economic Forum has begun in Davos and Moneycontrol has been tracking the summit ON GROUND. We bring you a round-up of all that's happened today, including the biggest voices Sunil Mittal, Bharti Airtel Salil Parekh, Infosys Byjus Prajakta Koli, Youtuber Tune in for a full update of everything that's happened at the summit so far!
The IBM CEO said the company has been investing heavily in India where they hire thousands of people, and see no reason to decrease that going forward.
India’s Road to a $10 Trillion Economy Live with Shereen Bhan Managing Editor, CNBC-TV18 Natarajan Chandrasekaran Chairman, Tata Sons Pvt Ltd Smriti Zubin Irani Minister of Women and Child Development, Ministry of Women and Child Development of India Ashwini Vaishnaw Minister of Railways; Minister of Communications; and Minister of Electronics and Information Technology, Ministry of Railways of India From financial sector reforms to developing new industries, what concrete actions will drive India’s economic transformation over the coming decade? This session was developed in collaboration with CNBC-TV18.
World Economic Forum | Davos 2023 | Moneycontrol @ Davos Meet Prajakta Koli, aka 'Mostly Sane' - the Youtuber who's been handpicked to cover the World Economic Forum in Davos. Moneycontrol caught up with Koli who talks about the five tips that content creators should keep in mind, five things she's picked up at the WEF - aaand, what's the ONE question she's asking everyone at WEF - watch!
World Economic Forum | Davos 2023 | Moneycontrol @ Davos Moneycontrol speaks to Bharti Airtel Chairman Sunil Bharti Mittal at the World Economic Forum (WEF), who tells us about when the complete 5G rollout is expected to take place. 'We're rolling out 5G starting with key cities, by March 2024, and should be able to complete 5G services across India', he says. He also talks about why India has a clear advantage in the digital space – watch!
World Economic Forum | Davos 2023 | Moneycontrol @ Davos As India is optimistic at WEF Ajit Gulabchand Chairman & Managing Director of HCC says, ‘Global inflation will eventually affect India; we will see a fallout’. He talks exclusively to Moneycontrol about global inflation, interest rate hikes, his Budget’23 expectations, & much more. Watch now.
Byju Raveendran is hopeful of having a better 2023 as he feels that the worst is over for the edtech firm. In an exclusive chat with Moneycontrol on the sidelines of World Economic Forum 2023 he claimed that by the end of this quarter or by the first quarter of FY24 Byju's will turn profitable on a company level. Watch!
The last six months have been an aberration in the job market. Hiring going back to pre-pandemic level, it's a positive sign', says TCS COO NG Subramaniam to Moneycontrol at the World Economic Forum. He also speaks about employees coming back to work - watch!
Rajiv Memani, the Chairman of EY India speaks to India at the World Economic Forum, and says the worst of inflation is over but a mild recession is expected until supply chains are fixed. He also speaks about India's growth in IT services & manufacturing and his expectations from Budget 2023. Watch!