Innovations Financial News
21.03 / 02:21
markets
Digital
Instagram
country
inclusion
innovations
diving
Meta to launch generative AI assistant in the EU: Statement
Facebook and Instagram parent company Meta said Thursday it would launch its generative artificial intelligence assistant Meta AI in the European Union from «this week», more than a year after the service's US release. «It's taken longer than we would have liked to get our AI technology into the hands of people in Europe as we continue to navigate its complex regulatory system — but we're glad we're finally here,» the company said in a statement. «Starting this week, Meta AI will begin rolling out across 41 European countries.»
21.03 / 02:21
markets
CEO
Sustainability
Enterprise
Trade
innovations
recommendations
Manappuram Finance shares in focus as Bain Capital to acquire 18% stake for Rs 4,385 crore
Manappuram Finance shares will be in focus on Friday after Bain Capital announced it has entered into definitive agreements to acquire joint control in the company through its affiliates, BC Asia Investments XXV Limited and BC Asia Investments XIV Limited, in partnership with existing promoters. As part of the deal, Bain Capital will invest Rs 4,385 crore to acquire an 18% stake on a fully diluted basis via preferential allotment of equity and warrants at Rs 236 per share—a 30% premium over the six-month average trading price.
21.03 / 00:47
markets
Manufacturing
trends
band
show
innovations
Here are three small-cap gems that you cannot miss, as recommended by Raja Venkatraman
Subscribe to enjoy similar stories. Following the recent market crash, several small-cap companies are staging an impressive recovery, fuelled by market corrections and renewed investor confidence. These agile firms are leveraging opportunities in niche markets and capitalizing on shifting consumer trends to drive growth.
20.03 / 16:01
markets
UPS
Provident
Mobile
Sustainability
innovations
Hero MotoCorp enters electric three-wheeler biz with investment worth Rs 525 crore in Euler Motors
Hero MotoCorp has approved an investment of up to Rs 525 crore in Euler Motors Private Limited, marking the company’s entry into the electric three-wheeler market. The investment will be made in one or more tranches and aims to provide Hero MotoCorp with a foothold in the growing electric vehicle sector, where electric three-wheelers are projected to account for 35% of total sales in the near future, the company said in an exchange filing on Thursday. «Our strategic investment in Euler is a bold step towards realizing our vision to 'Be the Future of Mobility.' This investment reinforces our commitment to accelerated growth through both organic and inorganic expansion, while highlighting the power of collaboration and adaptability in an ever-evolving market. As a global automotive leader, Hero MotoCorp is driven by sustainability, innovation, and customer-centric progress,» said Pawan Munjal, Executive Chairman of Hero MotoCorp.
20.03 / 14:59
Provident
Reuters
Healthcare
show
country
innovations
patient
Weight-loss drug Mounjaro now in India: What is the price? What are the side effects? Here's all you need to know
Mounjaro in India on Thursday, beating rival Novo Nordisk for a much-awaited entry into the world's most populous country grappling with increasing rates of obesity and diabetes. U.S.-based Lilly and Danish Novo Nordisk have seen skyrocketing global demand for their innovative weight-loss drugs, with investor interest also boosting the drugmakers' valuations.
20.03 / 11:09
markets
UPS
FIVE
Digital
Google
Marvell
innovations
The great AI reboot: Educators, techies and leaders all need to adapt fast
Subscribe to enjoy similar stories. On 30 November 2022, technology started talking back. It was the day when OpenAI unleashed ChatGPT into the wild.
20.03 / 08:37
Action
Research
country
electronic
innovations
information
India's 'AI for All' mantra backed by concrete action: Commerce and IT MoS Jitin Prasada
AI for All' mantra is backed by concrete action with the country leading in AI skill penetration and talent concentration, Union Minister Jitin Prasada said on Thursday as he urged industry leaders to prioritise research and development (R&D) to capitalise on India's position as a global skill capital. Prasada, Union Minister of State for Ministry of Commerce & Industry and Ministry of Electronics & Information Technology, was delivering a keynote address at the Nasscom Global Confluence 2025. «Our mantra 'AI for All' is backed by concrete action. India is number one in the world in AI skill penetration — the AI skill index even outstrips the US and Germany. »It's just not about numbers, it's about impact. As nations across the globe embrace digitalisation to modernise traditional sectors and fuel economic growth, India stands ready to be a strategic technology partner," the minister asserted.
20.03 / 07:01
COST
Citi
Digital
Mobile
innovations
Features
"India eyes single-digit logistics costs to rival China & US," says Nitin Gadkari
Nitin Gadkari, Minister for Road Transport & Highways emphasized the nation's commitment to reducing logistics costs from the current 14-16 per cent to single digits, positioning India to compete effectively with global economic powerhouses like China and the US, at 32nd Convergence India & 10th Smart Cities India Expo. This year's expo features advancements in 5G & 6G, Artificial Intelligence (AI), Big Data, IoT, Cybersecurity, Augmented & Virtual Reality (AR/VR), Embedded Tech, Fintech, Urban Mobility, and Smart City Solutions. Attendees will also have access to the latest developments in Digital Gaming, Mobile Devices & Accessories, OTT Platforms, Security & Surveillance, E-commerce, Mobile Apps, Drone Technology, and more.
20.03 / 06:23
markets
Dreams
Research
students
Universities
innovations
rights
In voyage to make US great again, is Trump disrupting the great American dream?
Immigration Native Americans represent only 2% of the U.S. population, with the rest of the population having an immigration story. Trump himself has German ancestry on his father’s side, Melania is from Slovenia, Vice President JD Vance has Scots-Irish roots, and his wife is of Indian origin. America has always been a «melting pot,» attracting talent from around the world. The American dream has allowed for success stories like that of Arnold Schwarzenegger, an Austrian bodybuilder who became a leading actor and later California governor. What’s Changed?
20.03 / 06:23
Provident
Target
security
innovations
International
Sporting
athletics
Yashaa Global Capital, comprising of Shikhar Dhawan, Ravi Shastri, & AB de Villiers, Secures ADGM approval to launch $75 million Global Sports VC Fund
ADGM, Abu Dhabi’s leading international financial centre. This significant milestone marks the fund’s official establishment in ADGM, positioning Yashaa Global Capital as a catalyst for driving global investments in the rapidly evolving sports sector. The fund, a unique initiative, helmed by General Partners Shikhar Dhawan, Mohammed Sirajuddin, Arif Padaria and Victor Tay, combines a pedigreed investment team with elite athletes. This collaboration leverages their expertise and extensive networks in the sports ecosystem, aiming to provide unparalleled value to portfolio companies through mentorship, strategic partnerships, and growth opportunities. Previously known as Da One Global Ventures, the fund has been rebranded to reflect its global ambitions and sharpened focus on innovation and wealth generation. Headquartered in Abu Dhabi, Yashaa Global Capital has a targeted $75M corpus (including a $25M greenshoe option), and is set to deploy capital globally across SportsTech, Fitness & Wellness, Esports & Gaming, MediaTech, Leagues & Teams. Leveraging ADGM’s status as a premier financial hub, the athlete-backed fund bridges global investors, startups, and sports entrepreneurs, fostering innovation and scalability. Its unique network ensures that its portfolio companies gain strategic insights and connections, delivering exceptional value to all stakeholders.
20.03 / 04:25
CEO
Fighting
Adobe
economy
War
innovations
AI will drive everything, says Jamie Dimon, but warns of threats from fraudsters
JP Morgan Chase CEO Jamie Dimon said Artificial Intelligence was a great technological revolution that will drive everything and change the world, sounding bullish on the sweeping technological changes AI was sparking. AI was reshaping the world just like the invention of the printing press, the steam engine, and the internet did, he said in a chat with Adobe CEO Shantanu Narayen at the tech company’s annual summit in Las Vegas. “Like past innovations, AI too will take time but will transform the world in ways we can’t yet imagine.” The future, according to him, was going to be AI-driven.
19.03 / 23:37
markets
Platform
Adobe
Enterprise
performer
innovations
reports
Big Tech struggles to sell AI as industry wary of copyright infringements
Subscribe to enjoy similar stories. Las Vegas: On Tuesday, Shantanu Narayen, the chief executive of California-based tech firm Adobe, led the company’s two-hour-long pitch to convince businesses and analysts that in the race among Big Tech firms to sell their innovations in artificial intelligence (AI), it warrants a seat at the top. While a new full-stack agentic AI platform would see Adobe rival the likes of Salesforce, its key executives are clear about one thing: selling AI to businesses still won’t be an easy task.
19.03 / 18:49
Food
DISH
performer
stage
innovations
Narisawa Tokyo
Narisawa isn't just a meal — it's a performance. From the moment you step in, the serene atmosphere sets the stage for chef Yoshihiro Narisawa's culinary artistry. The 2023 revamp has only heightened its allure, with a sleek, modern aesthetic that lets the food take centre stage.
19.03 / 14:07
Cooper
Extreme
security
Strategy
innovations
prevention
Colleges
India-EU brainstorm on preventing & countering violent extremism
Raisina Dialogue. Opened by EU Ambassador to India Hervé Delphin, the workshop was organized in cooperation with the Embassy of the Netherlands.
19.03 / 13:01
Digital
Boeing
innovations
Updates
Treasury pushes ahead with digital gilt pilot using BoE's Sandbox
In her Mansion House speech in November last year, Chancellor of the Exchequer Rachel Reeves said the government intended to trial a pilot digital gilt instrument (DIGIT) issuance using DLT. In an update on Tuesday (18 March), Reeves added that the government was engaging with the UK Debt Management Office (DMO) «to understand what technological options are available to facilitate an issuance» and how DIGIT can «best be designed to stimulate wider development and adoption of DLT infrastructure across UK capital markets». FCA launches AI Lab to bolster innovation and development in fin...
19.03 / 04:02
CEO
JPMorgan
Universities
innovations
Schools
rights
International
JPMorgan Chase CEO Jamie Dimon defends return to office policy again, says only middle managers are unhappy
JPMorgan Chase, America's largest bank, has mandated a five-day office return for employees this month, ending remote work arrangements. Advocating his work-from-office policy, he said that only middle managers are unhappy with the decision. CEO Jamie Dimon has consistently supported in-office work, citing its benefits for learning, innovation, and company culture. In an internal memo, Dimon stated, «Now is the right time to solidify our full-time in-office approach.» He added, «We think it is the best way to run the company.»
19.03 / 04:01
Target
CEO
stage
hospital
innovations
reports
Department
LIC shares in focus as insurer eyes stake purchase in health insurance firm before March 31
LIC shares will be in focus on Wednesday after the state-owned insurer confirmed it is in the final stages of acquiring a stake in a health insurance company, CEO Siddhartha Mohanty said on Tuesday. Without naming the target company, Mohanty stated that discussions are at an advanced stage, and a deal is expected to be announced before March 31. «It is a natural choice for LIC to enter health insurance. Discussions are in the final stage,» Mohanty told reporters on the sidelines of the GCA25 event.
19.03 / 01:03
markets
Digital
economy
innovations
Interviews
We’re still figuring out how AI will move through the economy, says OpenAI's chief economist
Subscribe to enjoy similar stories. At every dinner party, Aaron ‘Ronnie’ Chatterji, OpenAI's first chief economist, faces a typical question: “Is AI going to affect my job? What’s it going to do to the economy?" He says it's hard to give a straight answer simply because of the widely varying predictions. “Some Nobel Prize-winning economists estimate AI’s impact on GDP in the low single digits, while others expect double-digit growth.
19.03 / 01:03
markets
UPS
Remark
Tesla
Trade
country
innovations
Company Outsider: Sajjan Jindal’s doubts about Tesla’s entry miss the potential catfish effect for Indian auto
Subscribe to enjoy similar stories. The "catfish effect", named after the practice of adding catfish to tanks of cod to keep them active during transportation, describes how a strong competitor can energize a stagnant market. Tesla’s entry into India could be just the jolt the country's electric vehicle (EV) industry needs.
18.03 / 15:23
Provident
Williams
innovations
reports
isolate
travelers
International
Cancer risk for US astronauts Butch Wilmore, Sunita Williams? What we know so far
US astronauts Butch Wilmore and Sunita Williams prepare to return home after nine months aboard the International Space Station (ISS), some of the health risks they've faced are well-documented and managed, while others remain a mystery, as per a report. Bone and muscle deterioration, radiation exposure, vision impairment — these are just a few of the challenges space travelers face on long-duration missions, even before considering the psychological toll of isolation, AFP reported. These dangers will only grow as humanity pushes deeper into the solar system, including to Mars, demanding innovative solutions to safeguard the future of space exploration. 45 Days Will be Crucial Astronauts must attend NASA's 45-day post-mission rehabilitation program. Another challenge is «fluid shift» — the redistribution of bodily fluids toward the head in microgravity. This can increase calcium levels in urine, raising the risk of kidney stones, as per AFP report.
18.03 / 14:57
markets
CEO
economy
Tesla
Trade
innovations
stars
Texas has 'stronger brand than New York' as Wall Street looks south, Gov. Greg Abbott says
Texas is continuing to stake a claim as a rival to Wall Street as a key financial hub in the United States, with Gov. Greg Abbott on Tuesday saying his state has a «stronger brand than New York.»
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