Author: Gaurav

Israel-Iran conflict: Indian benchmark equity indices tumbled in early trading on Friday, tracking steep declines in Asian markets following Israel’s military strikes on Iran, which intensified geopolitical tensions in the oil-rich Middle East.The Sensex began the session at 80,427.81, down from its previous close of 81,691.98, and plunged over 1,300 points, or 1.6%, reaching an intraday low of 80,354.59. Similarly, the Nifty opened at 24,473, compared to its prior close of 24,888.20, and tumbled 1.7% to hit an intraday low of 24,473.Among the sectors, Nifty Oil & Gas emerged as the biggest loser, sliding 1.6% due to significant declines in…

A LinkedIn post shared by Davina Schonle, founder and CEO of Humanvantage AI, has gone viral after she revealed she was denied entry to London Tech Week because she brought her baby daughter along.The incident has triggered a debate about inclusion, accessibility, and the realities of working parents in the tech industry.“Hi, I hate that I’m having to write this but today I was refused entry at London Tech Week because I had my baby with me,” Schonle said in her post, describing her three-hour journey to attend the event. “At this stage I limit how many hours I am…

Expanding Africa’s investor baseJapan’s Mitsubishi UFJ Financial Group – better known as MUFG – is one of the giants of the banking world. It took its modern form in 2005 following a series of mergers that made the group the largest financial institution in Japan, but traces its origins to the nineteenth century. And the bank has expanded well beyond Japan’s shores, having established a worldwide presence.In Africa, a key focus for MUFG is its work with sovereign funds and development finance institutions.“For the sovereigns especially, we focus on arranging long tenor financing for a range of their infrastructure requirements,”…

US aircraft startup JetZero, which has secured investments from United Airlines and Alaska Airlines, will invest $4.7 billion over a decade on a production facility and headquarters in North Carolina, the state said on Thursday.The deal contains more than $1.1 billion in state performance incentives that would be paid over nearly 40 years and are contingent on JetZero creating over 14,000 jobs between 2027 and 2036, a state representative said.The company will manufacture its 250-seater Z4 blended wing bodied aircraft at an airport site in Greensboro, the state and company said in statements. JetZero would also benefit from an additional…

You’re reading Entrepreneur India, an international franchise of Entrepreneur Media. Digital payments giant PhonePe has sold a 5 per cent stake in geospatial technology company MapmyIndia, netting INR 486.03 crore through an open market transaction. The sale, as per BSE data, saw PhonePe offload 27.21 lakh shares of CE Info Systems, MapmyIndia’s parent, at INR 1,786.22 per share, reducing its total stake from 18.74 per cent to 13.74 per cent.The move triggered an immediate reaction in the markets, with MapmyIndia’s stock falling 9.39 per cent to close at INR 1,768.75 on BSE on Friday, as reported by Inc42. Despite the…

Recent cyberattacks on major UK retailers like Marks and Spencer cost hundreds of millions, … More revealing how criminals now bypass advanced security systems by targeting employees instead of technology.Adobe Stock A number of devastating and widely reported cyber attacks against UK retailers in recent weeks have once again exposed the fact that the impact of cybercrime on our lives is growing. As of writing, Marks and Spencer hasn’t processed online orders for several weeks, following an attack in April estimated to have cost it $400 million. And the Co-Op group of over 2,500 stores is recovering from an attack…

Asian markets were rattled on Friday after Israel launched a military strike on Iran, triggering a sharp selloff in US futures and global equities, while oil prices soared and investors rushed to safe havens like gold and the Swiss franc.Markets reacted sharply after the strike, with fears of a wider conflict rattling investors. US, S&P E-mini futures fell 1.5% and Nasdaq futures dropped 1.7% by 0055 GMT. In the Asian market, Japan’s Nikkei slipped 1.4% and South Korea’s KOSPI declined 1.2%.US West Texas Intermediate jumped 10.21% to $74.99 a barrel, while global benchmark Brent rose 10.28% to $76.48. Gold climbed…

Boeing BA and GE Aerospace GE.N are scaling back their public activities following the fatal crash of an Air India jetliner, with the planemaker’s CEO cancelling his trip to the Paris Air Show next week and GE postponing an investor day.More than 240 people were killed when an Air India Boeing 787 jet bound for London crashed moments after taking off from the city of Ahmedabad on Thursday, authorities said, in the world’s worst aviation disaster in a decade.Boeing CEO Kelly Ortberg said in a message to staff on Thursday evening that he and Boeing Commercial Airplanes boss Stephanie Pope…

: Uttar Pradesh has demanded over ₹5-lakh crore from the 16th Finance Commission for 11 sectors, apart from an increase in the states’ share in the divisible pool of the Centre’s tax revenue. ₹5-lakh crore from 16th Finance Commission” title=”Uttar Pradesh seeks over ₹5-lakh crore from 16th Finance Commission” /> ₹5-lakh crore from 16th Finance Commission” title=”Uttar Pradesh seeks over ₹5-lakh crore from 16th Finance Commission” /> Uttar Pradesh seeks over ₹5-lakh crore from 16th Finance Commission Out of the total of ₹5,19,232 crore demanded by Uttar Pradesh, the major share is for panchayati raj institutions ( ₹2,10,100 crore) and…

Startup business young man group meeting and brainstorming on office workplace.getty Every startup pitch sounds the same. Every sales email feels like it came from the same script. Every product demo promises to be “AI-powered,” “blazing fast,” and “revolutionary.” That’s because, in many cases, they were- thanks to generative AI tools like ChatGPT. AI was supposed to give companies a competitive edge. Instead, it triggered a conformity crisis—flattening differentiation and flooding the market with lookalike messaging. And that sameness is expensive. According to Rakuten Marketing, companies waste 26% of their marketing budgets—about $130 billion annually—on efforts that don’t drive results.…