competition Archives

Google Invests $350 Million in Flipkart as Part of $1 Billion Funding Round

Tech giant Google is set to invest approximately $350 million in Walmart-owned e-commerce company Flipkart, according to sources. This investment forms a significant portion of the $1 billion funding round initiated by

May 25, 2024

Business·Latest News

Headline: Nvidia Reacts to Competitive Pressure in China by Slashing Prices Amid Huawei’s Chip Onslaught

In a strategic move to counter the competitive onslaught from Huawei’s chips, Nvidia has initiated a significant price reduction for its advanced AI chip designed specifically for the Chinese market. Sources familiar

May 24, 2024

Heinemann and BWC Bag Contract to Operate Duty-Free Area at Noida International Airport

Heinemann and BWC Forwarders Secure Contracts to Manage Duty-Free and Retail Spaces at Noida International Airport The Noida International Airport has sealed concession agreements with Hamburg-based Heinemann and Hyderabad-based BWC Forwarders to

May 13, 2024

Navigating Global Turbulence: India’s Need for Stable Leadership, Urges Jaishankar

In a recent interview with PTI, External Affairs Minister S Jaishankar emphasized the critical necessity for India to maintain stable and mature leadership amidst the growing global turbulence. He foresees a decade

May 10, 2024

Tesla’s China-Made Electric Vehicle Sales Drop 18% in April Amidst Rising Competition

In April, Tesla, the US automaker, witnessed a significant decline in sales of its China-manufactured electric vehicles, according to data released by the China Passenger Car Association (CPCA). The numbers revealed a

May 7, 2024

Business·Latest News

Ola’s Krutrim AI Set to Dominate Global Market with Energy-Efficient Data Centers

Ola, the Indian ride-hailing giant, is gearing up to challenge global tech majors in the arena of energy-efficient data centers with its AI platform Krutrim. Founder Bhavish Aggarwal announced Ola’s ambitious plans

May 5, 2024

Business

Global Investors Dump Hindustan Unilever Stock Amid Sluggish Sales Growth

Global investors are pulling back from Hindustan Unilever Ltd. as the company faces challenges with weak consumer demand and intensifying competition, resulting in a significant decline in its stock value. According to

April 24, 2024

Business

Microsoft-OpenAI Collaboration Escapes Formal EU Merger Probe, Signals Regulatory Trends

Amidst speculation and regulatory scrutiny, the Microsoft-OpenAI collaboration, marked by a $13 billion investment, has sidestepped a formal EU merger probe, according to sources familiar with the matter. This development suggests a

April 18, 2024

Business

Meesho’s CXO Harsh Chaudhary Jumps Ship to Flipkart: Implications for India’s E-commerce Landscape

The e-commerce realm in India witnesses a seismic shift as Meesho’s Chief Experience Officer (CXO), Harsh Chaudhary, bids adieu to the unicorn startup after a notable two-year stint. His departure further fuels

March 20, 2024

Business