Business
Cognizant Boosts ServiceNow Dominance with Thirdera Acquisition
UNITED STATES: In a groundbreaking development, global technology and consulting giant Cognizant (NASDAQ: CTSH) has announced its intent to acquire Thirdera, an Elite ServiceNow Partner based in Broomfield, CO. The move is poised to solidify Cognizant’s position as one of the world’s largest and most credentialed ServiceNow partners, with the acquisition expected to add over […]
Benozeer Khan: Crafting Dreams into Fashion Reality with Kamphire
INDIA: In the dynamic landscape of contemporary fashion, where the intersection of authenticity, style, and affordability is crucial, Kamphire Fashion Pvt Ltd has emerged as a formidable player. Launched in 2021, this Kolkata-based fast fashion brand, led by the visionary Benozeer Khan, is carving its niche by catering to the diverse and dynamic needs of […]
Pablo Vidarte: The Spanish Entrepreneur Revolutionizing Biotechnological Cities
SPAIN: At the age of 25, Pablo Vidarte, a Sevillian businessman and inventor, has emerged as a trailblazer in the field of sustainable technology. Serving as the CEO of the Bioo project, which harnesses electricity from plants and microorganisms, and also holding the position of president at Arkyne Technologies, Vidarte has garnered international recognition with […]
The Entrepreneurial Path: Kalpit Veerwal’s Decision to Forge His Own Destiny
INDIA: The Joint Entrance Examination (JEE) Top Scorer Kalpit Veerwal, a Udaipur native and son of a nurse, opted to launch his startup, AcadBoost, post-graduation from IIT Bombay. Today, he aids over 200K students in their JEE exam preparation. Reflecting on a pivotal moment before the JEE Mains exam, where nerves were high, Veerwal sought […]
From CA to Entrepreneur: Sourabh Jain’s Story of Creating The EleFant
INDIA: When Sourabh Jain of Mumbai faced challenges in finding cognitive development toys for his daughter, he assembled a team comprising an ex-principal, a psychologist, and a pediatrician. Together, they created a subscription-based model that offers affordable rentals for toys and books. The 34-year-old entrepreneur, initially a chartered accountant (CA), underwent a transformative experience when […]
Sam Altman’s Return as OpenAI CEO
UNITED STATES: In a surprising twist of events, Sam Altman is on the verge of reclaiming his role as the CEO of OpenAI, the non-profit research organization he co-founded in 2015. Just days after his abrupt removal on November 18, 2023, a groundswell of support from employees, investors, and the broader tech community has propelled […]
Statista Leadership Change: Marc Berg Takes Over as CEO
GERMANY. Hamburg: In a significant announcement, Statista reveals a leadership transition. Effective January 1, 2024, founders Dr. Friedrich Schwandt (CEO) and Hubert Jakob (COO) will transition to the positions of chairmen, while Marc Berg assumes the role of the new CEO, responsible for steering Statista’s strategic direction and day-to-day management. Marc Berg, with a robust […]
Imagination Technologies Announces 20% Workforce Cut Amidst Business Challenges
UNITED KINGDOM: In a strategic move to navigate a tumultuous business landscape, Imagination Technologies, the U.K.-based chip technology design maker, has revealed plans to lay off 20% of its workforce, according to confidential sources close to the matter. The company, known for supplying chip technology to tech giant Apple since a 2020 agreement, cited a challenging “business […]
Chinese Chipmaker Yangtze Memory Technologies Files Patent Infringement Lawsuit Against Micron Technology
CHINA: In a bold move, Chinese semiconductor manufacturer Yangtze Memory Technologies Co (YMTC) has fired the latest salvo in the ongoing chip industry battle by filing a lawsuit against U.S. rival Micron Technology. The lawsuit, lodged on November 9 at the U.S. District Court for the Northern District of California, accuses Micron of infringing on eight […]
Diwali Muhurat Trading: Stock Market Witnesses Buoyancy
INDIA. Mumbai: The Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) http://National Stock Exchange (NSE)witnessed a positive start to “Samvat 2080” as the benchmark equity indices surged 0.9% during the customary one-hour special ‘ Diwali Muhurat Trading.’ The trading session, held between 6.15 pm to 7.15 pm at the BSE in South Mumbai, marked […]