Quick commerce has reimagined the buying habits of a large segment of consumers who want orders delivered almost instantly Around mid-2022, the Zomato board was presented with a proposal to acquire Grofers, now known as Blinkit, a quick commerce company, for around Rs 4,400 crore. The board was bewildered. Why would a loss-making company … Read more
Image: Shutterstock As the US and China compete to produce the world’s most advanced chips, India has made a promising start by initiating construction of its semiconductor fabrication and packaging units. While India has taken the first steps, it needs to establish itself among the advanced players. Experts point out that as globalisation faces increasing … Read more
Image: Shutterstock Open-source software (OSS) with and without AI/ML components (e.g., code, libraries, pre-trained models) form the backbone of the ever-growing complex software supply chain. For example, the widely popular Hugging Face model hub hosts more than 60K pre-trained models (PTMs) for public use to develop new AI software for various end-user and business applications. … Read more
From (L to R): Sanya Jain and Aakarshika Pandey creating beauty content for their Instagram feeds at Jogger’s Park in Bandra, Mumbai. Image: Neha Mithbawkar for Forbes India Like many of us, Aakarshika Pandey, reaches for her phone the moment she wakes up, and starts scrolling through Instagram. Having just moved to Mumbai for college, … Read more
The Afghan defence ministry, in a post on X (formerly Twitter), confirmed that Pakistani forces had carried out the airstrikes. However, the Afghan Taliban claimed that the attack also caused casualties among civilians, including children. On Tuesday (December 24) night, Pakistani fighter jets carried out airstrikes on four locations in Afghanistan’s eastern Paktika province, targeting … Read more
For stock markets, 2024 was a year of stark contrasts. Betting on stocks for any investor almost seemed like playing the old puzzle video game Minesweeper—if a player opens a mined cell, it is game over. Investors in stock markets showed resilience, no doubt, but returns were pale compared to previous years. Markets weathered plenty … Read more
With its growing prominence, year after year, the Digital Engineering Awards—hosted by ISG, L&T Technology Services (LTTS), and CNBC-TV18—have been setting benchmarks of excellence in the global engineering and R&D industry. These awards bring together industry leaders to recognize outstanding achievements in the domain, and to help global organizations give shape to their transformative ideas. … Read more
Beijing: It was a breakthrough year in India-China ties after a near freeze in their ties for over four years – the longest since the 1962 war – with an agreement to end the eastern Ladakh military standoff. After “amassing of a large number of troops by China along the Line of Actual Control (LAC) … Read more
Hyderabad: A two-judge panel of the Telangana High Court refused to entertain an application to implead Nirmal collector Abhilasha Abhinav in a contempt appeal. The panel comprising Chief Justice Alok Aradhe and Justice J. Sreenivas Rao was dealing with a contempt appeal filed by Mohammed Musharraf Ali Faruqui, chairman and managing director, of Southern Power … Read more
The hybrid-mode conference, organized both in-person and online, was technically sponsored by the Soft Computing Research Society. The 6th International Conference on Sustainable and Innovative Solutions for Current Challenges in Engineering & Technology (ICSISCET 2024) successfully took place on October 26–27, 2024, at the prestigious Madhav Institute of Technology & Science (MITS) in Gwalior, India. … Read more