Innovations Financial News
27.11 / 06:33
markets
COST
Election
social
inclusion
innovations
Schools
Narayana Murthy wants IAS, IPS officers from B-schools instead of UPSC; 'No, thanks', rebuts top bureaucrat
Infosys, has drawn significant criticism after suggesting that India’s civil services could benefit from recruiting officers directly from business schools instead of relying solely on the Union Public Service Commission (UPSC). Speaking at the CNBC-TV18 Global Leadership Summit on November 14, Murthy argued that India's bureaucracy should shift from an «administrative mindset» to a «management mindset.» According to Murthy, the current system of governance, which is based on the UPSC examination process, produces civil servants who are trained to maintain the status quo rather than to bring about innovation, vision, and rapid execution.
26.11 / 17:33
markets
COST
Fox
Tesla
innovations
reports
California may exclude Tesla from EV rebate program
Spear Invest founder and Chief Investment Officer Ivana Delevska discusses the value of A.I. data centers and the future of driverless cars on 'Making Money.'
26.11 / 15:15
Manufacturing
Apple
Software
performer
innovations
Features
International
Huawei Mate 70 Series launched, aims to challenge iPhone with new tech and lower prices in China
Mate 70 series is designed to rival high-end devices such as Apple's iPhone, with prices starting at 5,499 yuan (£636), undercutting the base iPhone 16, which retails at 5,999 yuan (£682).Richard Yu, Chairman of Huawei’s Consumer Business Group, introduced the Mate 70 at an event in Shenzhen, asserting that it is “the most powerful Mate phone ever". The new series boasts several innovations, including an improved processor and the world’s first mainstream smartphone featuring a satellite paging system, a notable leap in technology.
26.11 / 09:33
UPS
security
Research
SPY
innovations
Profiles
The US under Trump must not repeat its profiling of Chinese scientists
Subscribe to enjoy similar stories. Donald Trump’s return to the White House is stoking fears that he could reinstate a failed scheme launched during his first term that aimed to crack down on Chinese espionage, but ended up becoming more of a witch-hunt. Doing so would not only be destructive to American innovation, but give China an upper-hand in the tech race.
26.11 / 03:53
markets
FIVE
Digital
innovations
Schools
How teenager Shashi Ruia rejected study abroad offer, built an empire across 35 nations over five decades
Essar Group, Shashi Ruia, passed away at the age of 81, leaving behind a legacy of transformative leadership and innovation. The Ruia family, in a statement, said, “It is with profound grief that we inform of the passing of Shri Shashikant Ruia, Patriarch of the Ruia and Essar Family. He was 81.” Shashi Ruia was known for his humility and philanthropy. The family added, “His humility, warmth, and ability to connect with everyone he met made him a truly exceptional leader. Shri Shashikant Ruia’s extraordinary legacy will remain a guiding light for all of us.” «With an unwavering commitment to community upliftment and philanthropy, he touched millions of lives leaving an enduring impact,» said Ravi Ruia, Shashi's brother with whom he founded Essar Group, and family members.
25.11 / 20:25
Progressive
CEO
Racing
President
innovations
Sporting
FIA
Formula 1 expands grid to add General Motors' Cadillac brand and new American team for 2026 season
Formula 1 will expand the grid in 2026 to make room for an American team that is partnered with General Motors
25.11 / 17:43
UPS
CEO
Sustainability
Research
performer
innovations
Bath & Body Works sees strong sales in Q3, raises full-year outlook
Bath & Body Works fiscal third-quarter performance topped analysts’ estimates thanks to strong sales and the retailer boosted its full-year outlook
25.11 / 10:55
Digital
Strategy
Research
social
consequences
innovations
orienteering
Humility is likely to lend leaders a growing advantage in the age of AI
Subscribe to enjoy similar stories. Any discussion on corporate leadership is incomplete without mentioning its three core pillars: strategy, competitiveness and achievement orientation. These essentials become convoluted in the age of social media, where self-promotion often borders on narcissism and overshadows the interests of others and society.
25.11 / 05:09
markets
Strategy
Experts
PAM
inclusion
innovations
travelers
Yogi government introduces state-of-the-art cruise to elevate Mahakumbh's grandeur
Mahakumbh 2025. This year's Mahakumbh is set to surpass all previous editions, with the inclusion of the Nishadraj cruise in the Sangam area as a notable highlight. Ahead of Prime Minister Narendra Modi's visit, the Nishadraj cruise, managed by the Inland Waterways Authority of India (IWAI), has embarked on its journey from Varanasi to Prayagraj. Equipped with modern amenities, the cruise symbolizes the state's dedication to innovation and excellence. Preparations are in full swing, with VIP vehicles like Kasturba positioned near the Naini Bridge to welcome the cruise. In collaboration with the Prayagraj Mela Authority, the Varanasi administration is leaving no stone unturned to ensure a majestic and memorable Mahakumbh experience for visitors from around the world.
24.11 / 15:43
markets
UPS
Provident
innovations
Destinations
fencing
India’s insurance reforms: A bold transformation, but not without challenges
Subscribe to enjoy similar stories. India’s insurance industry, long seen as an underpenetrated yet promising market, is poised for a major transformation with the government’s proposal to permit 100% foreign direct investment (FDI) in insurance companies and introduce composite licences. These reforms, if implemented effectively, could catalyze significant changes in the sector, attracting fresh capital, improving competition, and enhancing accessibility for consumers.
24.11 / 12:23
markets
Digital
Google
Research
country
innovations
rights
Google Research India head disagrees with Nandan Nilekani, says India must build LLMs
Google Research India head Manish Gupta has disagreed with Infosys chairman Nandan Nilekani's comments that ‘India should not invest in building foundational models.’ Gupta, speaking at the Bengaluru Tech Summit held between November 19-21, firmly disagreed with Nilekani and said, “There’s a technologist that I deeply respect, Nandan Nilekani, who made this statement: India should forget about foundation model building, just focus on the use cases. And I would say, with the person I respect, I respectfully disagree.” Nilekani is credited with helming world's largest unique identity programme with Aadhaar. The Google research head countered, saying India should invest in foundational AI models or Large Language Models (LLMs). “I think he’s (Nandan Nilekani) wrong because he’s not preaching what he has practised. What he did, he revolutionised India’s technology landscape by starting with the basics for Aadhaar. He didn’t start with use cases. He started with foundations. So, I think we must start with foundations.”
24.11 / 10:49
Ripple
Sustainability
awards
innovations
Department
Features
International
Fill your cup with award-winning teas
Subscribe to enjoy similar stories. I have always enjoyed making booklists once a year, scanning award lists for old favourites as much as new authors . Nowadays the end of the year has me making a similar list for tea.
24.11 / 09:05
UPS
Digital
Food
Whirlpool
performer
innovations
Features
Best refrigerators under ₹35000: Top 7 stylish picks for reliable and excellent cooling performance
Reasons to buyReasons to avoidAlso read: Best selling refrigerators in India: Upgrade your kitchen with the top 10 elegant and modern refrigeratorsThe LG Inverter Frost-Free Refrigerator GL-I292RPZX is a stylish and efficient refrigerator with a capacity of 260 liters. It features a linear cooling technology that ensures uniform cooling, along with a smart diagnosis system for easy maintenance.
24.11 / 01:37
markets
UPS
Digital
Software
Election
Experts
innovations
Startup BonV Aero drives drone innovation with support from STPI
Meet the Drapers, hosted by veteran investor Tim Draper, who has invested in the likes of Baidu, Tesla, SpaceX and Skype.
23.11 / 16:35
markets
Digital
Manufacturing
Election
electronic
innovations
reports
AI driving industrial gold demand, says World Gold Council report
World Gold Council. AI is fast becoming a cornerstone of modern technology, driving advancements across various industries. The considerable electronics infrastructure required to power this rapidly growing sector directly impacts industrial gold demand.
22.11 / 22:59
markets
CEO
innovations
Investigations
Relationships
Amazon to invest an additional $4 billion in AI startup Anthropic
Amazon is investing an additional $4 billion in the artificial intelligence startup Anthropic as major technology companies rush to fund generative AI
22.11 / 17:47
markets
Citizens
Sustainability
Diversity
country
innovations
International
Rx to be a global corporate citizen
Adani controversy will serve as a marker for India Inc's global aspirations that could run afoul of imperfectly harmonised regulations and variance in law enforcement. Businesses operating within acceptable tolerance levels in individual jurisdictions will have to craft corporate governance standards that clear the highest available threshold. Having a global footprint involves best-in-class innovation, entrepreneurship and governance to gain access to markets and capital.
22.11 / 17:47
markets
Digital
Progressive
Research
Experts
innovations
India, take a deeptech breath
India Energy Week, which will have its third edition in February, began in 2023 as a novel initiative to leverage India's increasing prominence in the global energy landscape through collaborative dialogue. Startups especially made their presence felt in the first two editions with their inventive solutions. In green hydrogen (GH), some PSUs showcased new electrolyser technologies, even as startups have reached out to GoI to demonstrate their membrane-less electrolyser tech. Other firms have focused on building carbon capture, utilisation and storage (CCUS) technologies, including direct air capture and enhanced oil recovery methods. Much progress has been made in advanced battery storage solutions, including solid-state batteries, lithium-ion improvements and flow batteries, which promise better efficiency, longevity and reduced costs. All major oil and gas MNCs have their GCCs in India, where Indian engineers are conducting cutting-edge design, engineering, data processing and decision analytics for major drilling operations, refinery operations and seismic data processing globally. A gradual journey of reforms and schemes to promote the entrepreneurial spirit has resulted in a tech boom, India's reputation as 'IT nation' giving way to that of a 'deeptech hub'.
22.11 / 16:01
COST
UPS
Provident
economy
innovations
Japan approves $141 billion stimulus to boost economy, offset living costs
Subscribe to enjoy similar stories. TOKYO—Japan’s cabinet on Friday approved an economic stimulus package worth more than $140 billion, in Prime Minister Shigeru Ishiba’s latest push to tackle inflation and boost growth after his coalition suffered a bruising electoral defeat last month. The package totalling 21.9 trillion yen, equivalent to $141.71 billion, is aimed at easing rising living costs and promoting business innovation and investment.
22.11 / 14:37
COST
Provident
Digital
economy
country
innovations
Japan passes $250B economic package meant to lift wages and spur growth
Japan has approved a $250 billion economic stimulus package centered around initiatives intended to boost incomes
22.11 / 10:11
markets
COST
Digital
Sustainability
Experts
PAM
innovations
JSW MG's EV Windsor tops sales charts to beat Tata and Mahindra
It outpaced competitors like the Tata Nexon (1,593 units), Mahindra XUV400 (602) and Tata Curvv (1,542 units), with 3,116 units sold. This innovative model separates the vehicle cost from the battery price, allowing buyers to pay battery EMIs based on usage, set at ₹3.5 per km.
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