Innovations Financial News
24.06 / 07:38
CEO
Entertainment
Sony
show
innovations
stars
reports
Sony Pictures Networks India appoints Disney Star’s Gaurav Banerjee as new MD and CEO
Mint had first reported that Sony would hire Banerjee to replace Singh on 28 May.Banerjee previously served as head of content for Hindi entertainment and Disney+ Hotstar, and business head for Star Bharat, Hindi and English movies, kids and infotainment, and regional (east). In these roles, he oversaw content curation across several languages and also spearheaded original series and films.Also read: The Disney Star sale comes with a deep discount tagA former journalist, Banerjee began his career in media as an assistant producer and anchor at Aaj Tak.
24.06 / 06:19
CEO
Entertainment
Remark
Sony
audience
innovations
stars
Sony Pictures Networks India appoints Gaurav Banerjee as MD & CEO
Sony Pictures Networks India (SPNI) has appointed Gaurav Banerjee as the new Managing Director and Chief Executive Officer (CEO), effective on or before August 26, 2024, pending regulatory approvals. Banerjee, who is currently the head of content for Hindi entertainment and Disney+ Hotstar at Star India, will succeed NP Singh, who has led SPNI for the last 10 years as MD and CEO. «I am deeply honoured to take on the role of MD and CEO at SPNI. Under N.P. Singh's remarkable leadership, SPNI has achieved tremendous success and innovation in the entertainment industry. I am excited to lead talented teams as we explore new frontiers in original programming, enhance our viewers' experiences, drive our distribution footprint across India, and significantly boost our revenues. Together, we will set new benchmarks in entertainment and deliver exceptional value to our audiences and stakeholders,» said Banerjee.
23.06 / 14:39
markets
UPS
economy
wellness
country
innovations
International
Lack of internal demand hurting India's fledgling space economy
Mint on condition of anonymity that the demand-driven model in question has created conflicts in terms of how government bodies pursue space missions. “No global space economy has ever been successful without the government being the primary customer for public as well as private sector firms. In India, government departments and agencies under various ministries are conflicted regarding the allocation of funds to Isro, which is creating this said demand shortage in the market.
23.06 / 10:51
markets
Waters
security
Food
stage
consequences
innovations
Ethanol: An eco-friendly fuel or another green mirage?
In the early 20th century, Thomas Midgley Jr, a chemist, introduced tetraethyl lead to gasoline, promising to revolutionize the automobile industry by reducing engine knock. It seemed like a miracle solution at the time, and Midgley was hailed as a hero. However, the dark side of this innovation soon became apparent as leaded gasoline caused widespread environmental damage and severe public health issues, including brain damage in children.
23.06 / 09:55
Waves
Cooper
Waters
Extreme
Action
security
innovations
Cooperative federalism may help India bridge its climate adaptation deficit
India has seen several transformative innovations in recent years. The development of Digital Public Infrastructure (DPI), particularly the Unified Payments Interface (UPI) and Direct Benefit Transfer (DBT) mechanism, has made lives easier and worked in favour of the cause of financial inclusion. Similarly, the Public Distribution System (PDS) has ensured food security for the underprivileged and proved its mettle during the recent pandemic.
23.06 / 01:11
markets
Manufacturing
Hyundai
Cycling
electronic
innovations
Sporting
Spoilt for choice: How changing consumer preferences & tech advancements driving upgrades in electronics and car
Hyundai Motor India gave the third significant upgrade to its flagship sports utility vehicle Creta this January, almost nine years after its launch in 2015 and about four years after its second generation in 2020. But the next big development followed in just three months with the performance-focused Creta N Line variant hitting the roads in March. Now, an electric version is scheduled for later this fiscal.
22.06 / 19:13
COST
Cooper
wellness
Photos
innovations
prevention
Devgad's mango farmers save Aam & Janata with tech
Devgad mangoes tried many hacks with little success to prevent unscrupulous traders from mixing cheaper varieties with this premium variant of the hapus, or alphonso, mangoes. They probably have a fix now. Grown at Devgad in the Sindhudurg district of Maharashtra's Konkan region, these mangoes are known for their thin skin, rich aroma and superior taste. A dozen of these cost ₹1,000 to upwards of ₹3,500, depending on the size.
22.06 / 12:07
Provident
Career
Analysis
Healthcare
trends
innovations
prevention
Eyeing a healthcare career? Here are the trending roles, skills and pay brackets you should know
healthtech and insurtech. While this means that you don’t have to be a doctor or a nurse anymore to be a part of the healthcare sector, freshers looking at this employment market should know what kind of skills they have to gain to have a lucrative career here.
22.06 / 07:33
UPS
Provident
Entertainment
Sony
innovations
Features
Up to 40% on top rated Samsung Smart TVs
Whether you're watching your favourite movies, streaming the latest shows, or gaming, these TVs deliver an immersive experience like no other. Don’t miss out on these incredible deals to bring home the best in television technology at unmatched prices. Shop now and transform your entertainment space!
22.06 / 06:19
Gap
Pool
trends
stage
innovations
reports
Schools
Indian deep tech startups count surges in 2023 but funding plummets 77%: Nasscom
deep tech startups in 2023 with 480 new ventures emerging, making it the third largest pool globally, a report said. However, the report by technology industry body nasscom and global consulting firm Zinnov highlighted the worrying trend of a funding winter, posing a major challenge for these startups. 'India's deep tech Dawn: Forging Ahead' report also said funding for scaling, talent attraction and retention, and global expansion are the top 3 challenges faced by startups in deep tech innovation.
22.06 / 05:11
Provident
Cooper
security
President
country
innovations
Department
INDUS-X defence initiative between US & India marks 1st anniversary
strategic partners to building a defence innovation bridge under the Critical and Emerging Technology Initiative, the US has said on the partnership's first anniversary. INDUS-X, which stands for enhanced strategic and defence partnership between India and the US, was launched on June 21 last year by the US Department of Defence and the Indian Ministry of Defence during Prime Minister Narendra Modi's state visit to Washington, DC. «In its first year, INDUS-X has advanced both countries' commitment to build a defence innovation bridge under the initiative on Critical and Emerging Technology (iCET),» the Department of Defence said in a press release on Friday. The iCET was launched by Prime Minister Modi and US President Joe Biden on the sidelines of the QUAD summit in Tokyo on May 24, 2022.
21.06 / 19:17
Manufacturing
Enterprise
Food
Research
President
electronic
innovations
Budget wishlist from agriculture & MSMEs stakeholders: Sops, infra push, easy loans and PLI schemes
investment in agricultural infrastructure, easing loan terms, and implementing employee-centric production-linked incentive schemes were some of the key suggestions made by stakeholders from the agricultural sector and Micro, Small, and Medium Enterprises (MSMEs) as part of the pre-budget consultations with finance minister Nirmala Sitharaman on Friday. The Agriculture Industry sought a new agriculture policy with focus on investment on Agriculture infrastructure, rationalisation of subsidy, increased investment in allied agri based food processing Industry and a substantial hike in allocation for agriculture research and innovation. The stakeholders asked to boost farm exports and create district hubs to support agriculture exports, sought launch of national Goat and Sheep Mission and increased the budget allocation for the Agricultural and Processed Food Products Export Development Authority (APEDA) to ₹800 crore from ₹80 crore. «All the stakeholders unanimously sought rationalisation of fertilizer subsidy and using the direct benefit transfer route to plug any leakage,» said a person aware of the meeting proceedings. They also asked the government to revise the retail price of urea, which has remained unchanged since 2018, and to incentivise the use of bio-fertilisers and foliar fertilisers.
21.06 / 19:17
Fighting
Dreams
Food
innovations
gatherings
rights
mountaineering
Artificial Intelligent slaves
desire to make artificial intelligence, robots, mechanical tools and newer technology comes from the same source that made humans invent slavery. Machines are more efficient than slaves though. Machines do not talk back, fight back or have dreams. Slavery began not with the agricultural revolution, but even before when even hunters and foragers realised that they could outsource hard work. People could be blinded, rendered dependent, and thus forced to spend the rest of their lives doing repetitive chores like cleaning gathered fruit and nuts while the masters enjoyed the shade of trees. The word robot is traced to the Slavic word for forced labourers i.e., slaves. Slaves have existed in all parts of the world. Names have been different. Techniques to enslave been different. Some used threats of violence. Some told stories — God told you to follow the occupation of your father, nothing else, was the story told in Hindu scriptures. The gods created slavery for their own pleasure, said Mesopotamian mythology. Women have to serve women, said Biblical myths.
21.06 / 19:05
markets
SEC
Strategy
Align
innovations
Relationships
Allspring braces to leap into active ETF space
Allspring Global Investments, the mutual fund manager overseeing $570 billion in assets, has signaled its intentions to enter the active ETFs market.
21.06 / 14:03
markets
security
Discover
Trade
innovations
gatherings
Features
India's Premier Online Trading Summit Money Expo India Is Announced: Discover, Network, Succeed
Money Expo Indiawill feature leading Indian stockbrokers such as 5Paisa, Dhan, Fyers, ICICI Securities, and Mprofit, showcasing their groundbreaking broking services that are transforming the market.Money Expo, India's premier stock markets event, returns for its third edition, set to be the largest gathering of traders and investors in Mumbai. Scheduled for August 17-18, 2024, at the Jio World Convention Centre, this year's expo promises to be the largest event of its kind, welcoming over 15,000 attendees from more than 120 companies.This highly anticipated event underscores the importance of Asia as a hub for growth and innovation in the global digital asset ecosystem.
21.06 / 12:43
Manufacturing
Strategy
Sustainability
Infinity
innovations
testing
Features
BPCL retail outlets will act as EV hubs to purchase, test ride & experience electric scooters
Bharat Petroleum Corporation Limited (BPCL), has announced a partnership with Bounce Infinity, a made-in-India electric scooter manufacturer. According to a press release, this collaboration aims to accelerate the adoption of electric vehicles (EVs) across India through the establishment of innovative "eDrive stores" at select BPCL retail outlets. The introduction of BPCL's «eDrive stores» marks a major milestone in making EVs more accessible and popular among Indian consumers.
21.06 / 12:43
Rhythm
Research
Cycling
Diversity
electronic
innovations
rights
Signify introduces innovative NatureConnect lighting system for healthier indoor environments
Signify, the global leader in lighting, today unveiled 'NatureConnect', a groundbreaking product designed to bring the benefits of natural light indoors, enhancing the well-being of its users. NatureConnect follows biophilic design principles, imitating the natural sunlight cycle to boost circadian rhythm, mood, focus, and sleep quality. Citing research that people spend 90% of their overall time indoors, the Eindhoven headquartered company says NatureConnect addresses this need by utilizing elements of nature in interior spaces to create healthy, engaging, and inspiring environments with a proven biophilic design principle.
21.06 / 10:09
markets
UPS
Forbes
Food
country
innovations
GRM Overseas board okays fundraise of Rs 136.5 crore
GRM Overseas, an FMCG and basmati rice exporting company, has announced that the board has approved the fund-raise of Rs 136.5 crore through the issue of share warrants on a preferential basis to 33 promoters and non-promoter investors. The board has approved the allotment of up to 91,00,000 share warrants at an issue price of Rs. 150 including a premium of Rs 148 per warrant. The funds raised will also expand India's “10X” brand, making it a comprehensive food FMCG product company. The funds will also be allocated to explore future inorganic growth opportunities, including strategic mergers and acquisitions, and improve operational capabilities. These activities may be undertaken directly by the Company or through its subsidiaries or joint ventures. The investors include Atul Garg (Promoter), Forbes EMF, Singularity Equity Fund and Nikhil Vora HUF, among others, will be issued share warrants.
21.06 / 05:33
markets
Booking
Maxim
Platform
innovations
Destinations
Naval Ravikant's 5 investing mantras for achieving long-term success
Naval Ravikant, the Indian-American entrepreneur and investor who transcends the ordinary. As one of the most prominent venture capitalists, his name resonates powerfully in the investment realm.Engaging with Naval reveals a distinctive perspective on character; he sees personal growth as inseparable from professional development.
21.06 / 04:41
UPS
Man
Food
President
innovations
recommendations
Budget 2024: A look at what corporate India expects from FM Nirmala Sitharaman — tax relief, higher capex & more
Union Budget 2024: Industry leaders requested a host of considerations in the upcoming full Union Budget 2024 during their pre-Budget meeting with Finance Minister Nirmala Sitharaman on June 20.Expectations listed by India Inc. during the two-hour interaction include a reduction in the income tax burden for the common man, an increase in capital expenditure, and measures to control food inflation, PTI reported.Prominent industry figures, including Sanjay Aggarwal (President at PHD Chamber), Vinod Aggarwal (President at SIAM), Neeraj Akhoury (President at Cement Mfrs Association), Sanjay Kirloskar (CMD of Kirloskar Brothers), Arathi Krishna (MD of Sundram Fasteners), Shefali Misra (Vice President at Biocon), Yash Pal Sachar (Vice President at Ashok Leyland), and Samir Somaiya (President at IMC Chamber), and others, made recommendations for the Union Budget.Sanjiv Puri, President of industry body Confederation of Indian Industry (CII), presented eight points to Sitharaman for consideration.These included relief in income tax for lower income slabs, streamlining employment-linked incentive schemes such as the Production Linked Incentive (PLI) scheme, and promoting ease of doing business.CII also made recommendations for agriculture and rural development.Trade association, the Federation of Indian Chambers of Commerce & Industry's (FICCI) recommendations centred around driving capital expenditure, fostering innovation, and simplifying taxes.Former FICCI President Subhrakant Panda emphasised the need to support growth momentum by energising demand, enhancing infrastructure development, controlling food inflation, supporting MSMEs, and prioritising innovation and R&D.
21.06 / 04:33
Provident
CEO
security
Sustainability
performer
social
innovations
MSMEs & green finance: How fintechs can help small businesses adopt sustainability
Green finance is one of the most fundamental requirements to make MSMEs more climate-friendly. Many small and medium businesses face challenges in raising capital to run and expand their businesses. So their challenge becomes steeper when it comes to raising funds to invest in cleaner technologies, energy efficiency upgrades and sustainable business practices. But now, fintech is working on developing innovative solutions for MSMEs to make the transition to greener processes. Register for the ET MSME Day 2024 here.
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