India is a key hub for chip design, hosting 20% of the world’s engineers in the field. Global tech giants have established R&D centers in India, where teams execute critical tasks like logic translation and performance optimisation. Fueled by government…
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Ajay Seth, a retired IAS officer, has taken over as the Chairman of the Insurance Regulatory and Development Authority of India (Irdai) on September 1, 2025. Irdai plays a crucial role in safeguarding policyholder interests and fostering the growth of…
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Nestle dismissed CEO Laurent Freixe after an investigation revealed an undisclosed romantic relationship with a direct subordinate, violating the company’s code of conduct. Effective immediately, Philipp Navratil, a longtime Nestle executive, has been appointed as the new CEO. This decision…
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Deutsche Bank is exploring the sale of its Indian retail banking assets and has invited bids from domestic and foreign lenders in the country, two sources told Reuters, making it the latest foreign bank to consider trimming its bets on…
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BigBasket CEO Hari Menon has been charting a succession plan over the past few months, people in the know tell us. Going forward, he may take on a mentor role at the online grocer he cofounded, as his five-year tenure…
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Gold prices reached a record high on Tuesday. This surge happened because of a weaker dollar. Expectations of a U.S. interest rate cut also contributed. Donald Trump’s criticism of the Federal Reserve added to the situation. Traders anticipate a rate…
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