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‘Any mechanic or garage will soon be able to service your Ola Electric scooter,” said CEO Bhavish Aggarwal

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‘Any mechanic or garage will soon be able to service your Ola Electric scooter,” said CEO Bhavish Aggarwal

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Co-founder of Ola Electric, Bhavish Aggarwal, declared that the Open Network for Digital Commerce (ONDC) will soon offer the company’s products. Aggarwal asserted in a recent tweet that Ola Electric scooters can be serviced by any garage. Ola Electric’s reliance on approved service centers has occasionally resulted in lengthy wait times. For Ola Electric customers, the latest news may facilitate quicker access.

Aggarwal stated in a tweet, “This implies that any garage will be able to purchase @OlaElectric replacement components and repair our scooters! Soon, any garage or mechanic will be able to service your Ola Electric scooter.

The Ola S1 X series, Ola S1 Pro, and Ola S1 Air are among the items from Ola Electric that will be available on ONDC as of next week. With this action, Ola Electric scooters will be more widely available and easier for Indian customers to buy and maintain.

Ola Consumer announced integration with the Open Network for Digital Commerce (ONDC) during the August 15 Sankalp 2024 event. In addition, they unveiled a new loyalty program, automated warehousing, AI-driven product discovery, accessible loan alternatives, and 100% electric logistics.Read More- https://voiceofentrepreneur.life/

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British Airways CEO: Overcoming Industry Challenges

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British Airways CEO: Overcoming Industry Challenges

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British Airways is actively navigating the challenges posed by airspace restrictions resulting from geopolitical tensions and the volatility of crude oil prices, yet it remains steadfast in its global operations. In an exclusive interview with CNBC-TV18, CEO Sean Doyle discussed how these obstacles are shaping the airline’s future.

On the subject of geopolitical tensions, Doyle explained, “Russian airspace is closed. We face limitations in European airspace… but we are accustomed to adapting to changing circumstances.”

With operations spanning 80 countries and flights to 200 cities worldwide, British Airways must be agile in its response.

Doyle emphasized, “Our flight program has largely been unaffected by these changes and restrictions, and I am proud of how my team manages these challenges.”

The volatility of crude oil prices, influenced by rising tensions in West Asia, continues to be a significant concern.

“We aim to hedge against risks,” Doyle said, “but ultimately, you could spend a lot of time trying to anticipate which direction prices will move. What matters is being flexible in your business management.” Read More-https://voiceofentrepreneur.life/exclusive-british-airways-ceo-discusses-navigating-closed-airspaces-and-oil-price-volatility/

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Exclusive_ British Airways CEO Discusses Navigating Closed Airspaces and Oil Price Volatility

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Telegram could face a ban in India if these charges are proven true

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Telegram could face a ban in India if these charges are proven true

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Telegram could face further issues. A report from Moneycontrol indicates that the popular messaging app is under growing scrutiny from the Indian government for its alleged involvement in criminal activities like extortion and gambling. The government is said to have initiated an investigation into the platform, and a ban could be considered based on the investigation’s results.

The report states, “The government is looking into Telegram for its suspected involvement in criminal activities like extortion and gambling, according to a government official. The official also mentioned that a ban on the messaging app could be considered based on the findings of the investigation.”

This follows the recent arrest of Telegram CEO Pavel Durov in France. Reports indicate that France, an office focused on protecting minors, had issued an arrest warrant for Durov as part of a preliminary investigation into alleged offenses, including fraud, drug trafficking, cyberbullying, organized crime, and terrorism promotion. French authorities have raised concerns about Telegram’smoderation policies and their perceived failure to curb criminal activity.

In India, the Ministry of Home Affairs (MHA) and the Ministry of Electronics and Information Technology (MeitY) are conducting the investigation. They are specifically examining how Telegram has been used for illegal activities such as extortion and gambling. While a ban is a possibility, the final decision will depend on the investigation’s findings.Read More-https://24x7newsroom.com/

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Axis Bank's MD & CEO Reappointment Cleared

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Axis Bank's MD & CEO Reappointment Cleared

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Axis Bank has reappointed Amitabh Chaudhry as the Managing Director and CEO for an additional three years, effective from January 1, 2025, until December 31, 2027.

This reappointment was contingent upon approval from the Reserve Bank of India. Shareholders of Axis Bank approved the decision during the 30th Annual General Meeting held on July 26 of this year.

In an exchange filing on October 24, Axis Bank announced, “We are pleased to inform you that the Reserve Bank of India has sanctioned the reappointment of Amitabh Chaudhry as the Managing Director & CEO of the Bank for a period of three years, from January 1, 2025, to December 31, 2027 (both dates included).”

Chaudhry joined Axis Bank in 2019 after more than nine years at HDFC Life and has played a crucial role in the bank’s growth. Under his leadership, Axis Bank has enhanced its retail banking and digital capabilities, significantly strengthening its market position.

Over the past five years at Axis, Chaudhry has initiated several transformative projects, from overhauling technology platforms to innovating the process of acquiring new business. Notably, under his direction, Axis Bank acquired Citibank’s retail operations in India in 2023, marking a significant milestone for the bank’s activities in the country.

Senior Level Departure

In a separate development, Ganesh Sankaran, Group Executive, Wholesale Banking Coverage Group at Axis Bank, resigned from his position on October 23, with November 30 set as his final working day.

Sankaran noted that the wholesale banking unit has emerged as one of the high-performance segments within the bank, achieving considerable market share growth and maintaining strong asset quality.

Also Read-https://voiceofentrepreneur.life/

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Axis Bank's reappointment of Amitabh Chaudhry as Managing Director and CEO has received approval from the RBI

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Infosys CEO Salil Parekh states that layoffs are not expected in the near future, asserting, “Growth is back

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Infosys CEO Salil Parekh states that layoffs are not expected in the near future, asserting, “Growth is back

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Infosys CEO Salil Parekh noted that generative AI is generating significant interest from clients, and there is a substantial mobilization of GenAI within the company. However, he emphasized that layoffs due to new-age technologies are not anticipated. Regarding the USD 3.9 billion GST tax demand, Parekh mentioned that Infosys has already provided updates and disclosures in the market and has no new information to add.

There isn’t a fresh update. When asked if the company would be making plans for the same, he responded, “The status is what it was in terms of what we provided externally a few days ago.

Salil Parekh stated that generative AI is being well received by clients and compared it to the adoption curve of digital and cloud technologies in the past. He believes that as businesses realize the advantages and business consequences of generative AI, adoption of this technology will rise over time.Read More-https://voiceofentrepreneur.life/

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Dentsu APAC CEO Robert Gilby resigns from his position

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Dentsu APAC CEO Robert Gilby resigns from his position

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Robert Gilby has announced his resignation as CEO of Dentsu APAC through a LinkedIn post. Appointed in September 2022, Gilby had taken over the position from Ashish Bhasin and played a key role in leading the company’s operations across the region.

Before joining Dentsu, Gilby served as the president of Nielsen’s APAC region, where he focused on strengthening partnerships with major media stakeholders and delivering audience insights. He also founded and led Blue Hat Ventures, an advisory firm dedicated to driving the growth of digital media businesses across Asia Pacific.

In his LinkedIn post, Gilby shared his plans for the future, stating, “I’m taking a break to spend quality time with my family and focus on my health. Before starting the next chapter, I’m looking forward to using the next few months for personal

development—advancing my AI knowledge, diving into marketing and creative thought leadership, expanding my expertise in sustainability and NED roles, and reconnecting with friends in the exciting media landscape of Asia Pacific and beyond.”

Robert Gilby has worked in the media and entertainment sector for nearly 30 years, with more than 25 of those years spent in the Asia Pacific area. He has held key leadership roles at major companies, including The Walt Disney Company, Warner Media, and PwC, gaining deep knowledge of markets such as China, India, Australia, and Southeast Asia.

For the second quarter, which ended on June 30, 2024, Dentsu Group reported a slightly lower-than-average 0.2% year-over-year increase in organic sales. In the APAC region, organic revenue declined by 6.2% in Q2, slightly better than the 7.1% drop recorded in Q1.

Also Read-https://voiceofentrepreneur.life/dentsu-apac-ceo-robert-gilby-resigns-from-his-position/

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Dentsu APAC CEO Robert Gilby resigns from his position

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Millionaire investor Jim Rogers remarked that ‘Indian women wear an astonishing amount of gold and silver

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Millionaire investor Jim Rogers remarked that ‘Indian women wear an astonishing amount of gold and silver

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Veteran investor Jim Rogers shared that he gained significant insights into gold and silver from observing Indian markets. “I would visit Indian markets and see women adorned with extraordinary amounts of silver and gold. I learned a lot from those experiences,” the Singapore-based American millionaire mentioned to NDTV Profit.

At 81, Jim Rogers dismissed the idea that gold stored away is wasted capital. Instead, he emphasized the peace of mind and security that gold can provide during financial hardships.

“Interviewer Tamanna Inamdar made the following observation during Rogers’ remarks about gold and silver in India: “Jim, the way we look at it here, it’s a huge waste of capital to have large amounts of silver and gold locked away in your cupboards or hanging on your wrists instead of putting it to work.”

“I am aware of how the Indian government and you both see it. And a lot of governments think the same thing. However, you’re thrilled to have some gold in the closet when a situation comes up, Rogers said.Read More-https://voiceofleaders.com/

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Millionaire investor Jim Rogers remarked that 'Indian women wear an astonishing amount of gold and silver

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S. Jaishankar’s resolute message to Pakistan: ‘The time for uninterrupted dialogue is over’

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S. Jaishankar’s resolute message to Pakistan: ‘The time for uninterrupted dialogue is over’

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The relationship between India and its neighbor Pakistan was openly discussed by External Affairs Minister S. Jaishankar on Friday. Ambassador Rajiv Sikri’s book, “Strategic Conundrums: Reshaping India’s Foreign Policy,” was launched, and S Jaishankar said that the days of constant communication with Pakistan were over.

“The era of uninterrupted dialogue with Pakistan is over. Actions have consequences. Regarding is a settled matter. The question now is what kind of relationship we can realistically consider with Pakistan. Rajiv [Sikri] suggests in his book that India might be satisfied with maintaining the current level of engagement—maybe not. We are not passive observers. Whether events take a positive or negative turn, we will respond accordingly,” Jaishankar was quoted by news agency ANI.

Jaishankar highlighted the robust people-to-people connections between India and Afghanistan.

“Regarding Afghanistan, there are… robust people-to-people connections. At a societal level, there is considerable goodwill towards India. However, when we assess our stance on Afghanistan, it’s crucial not to overlook the fundamentals of statecraft. International relations play a significant role here. So, when we evaluate our Afghan policy today, we do so with a clear understanding of our interests, not clouded by ‘inherited wisdom’ from the past,” he stated.

The External Affairs Minister (EAM) noted that Afghanistan’s dynamics have shifted significantly with the withdrawal of American forces, ANI reported.

“We must recognize that Afghanistan with American forces present is vastly different from Afghanistan without their presence,” Jaishankar remarked.

He further emphasized the importance of finding common ground with Bangladesh, stating that India would engage with “the government of the day.”Read More-https://24x7newsroom.com/

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S. Jaishankar's resolute message to Pakistan_ ‘The time for uninterrupted dialogue is over’

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Standard Chartered’s CEO for India and South Asia, Zarin Daruwala, will retire on April 1, 2025, the bank announced on October 9.

Zarin, who has over 35 years of experience in banking, joined Standard Chartered in 2016 as the CEO for India. Her leadership has significantly contributed to making India one of the Group’s largest markets, focusing on cross-border solutions in Corporate & Investment Banking (CIB) and wealth management in Wealth & Retail Banking (WRB), all while maintaining a strong risk and compliance culture, according to a statement from Standard Chartered.

I would like to thank Zarin for her significant contributions to growth in India and South Asia, both on the ground and within our global network,” said Sunil Kaushal, Co-Head of Corporate & Investment Banking and CEO for ASEAN and South Asia. Her commitment to effective execution and emphasis on technology investments have led to an impressive transformation for the business in India. We wish her the very best in her future pursuits.Read More-https://voiceofentrepreneur.life/zarin-daruwala-the-ceo-of-standard-chartered-india-will-retire-on-april-1-2025/

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Zarin Daruwala, the CEO of Standard Chartered India, will retire on April 1, 2025

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Meet India’s richest CEO with a net worth of ₹6,700 crore. Despite not owning a company, he possesses a ₹70 crore home. Find out who he is…

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Meet India’s richest CEO with a net worth of ₹6,700 crore. Despite not owning a company, he possesses a ₹70 crore home. Find out who he is…

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One of the wealthiest corporate executives in India is Ignatius Navil Noronha, the CEO and Managing Director of Avenue Supermarts Ltd., which runs the well-known retail brand DMart. His rise from sales executive to one of the wealthiest CEOs in the nation is evidence of his strategic vision and leadership. With a net worth of Rs 6,900 crore, Noronha is a well-known personality in Indian business, according to the Hurun Rich List.

Noronha’s career commenced with an eight-year employment at Hindustan Unilever, where he acquired significant expertise in modern trade, market research, and sales. When he joined Avenue Supermarts, the parent business of DMart, this foundation proved invaluable. Renowned investor Radhakishan Damani hired Noronha in his twenties, and he moved up the ranks fast, making a big impact on the business’s operational performance. Under his direction, DMart has grown into India’s largest retailer today, renowned for its customer-first mentality and effective business tactics.

Often hailed as the ‘Management GOAT (Greatest of All Time)’ by industry experts, Noronha has implemented groundbreaking strategies, including a revolutionary 48-hour supplier payment policy that has transformed the fast-moving consumer goods (FMCG) sector. Despite his significant wealth, Noronha is known for his humility and prefers to maintain a low profile. His office is reportedly much smaller than typical for CEOs of his caliber, reflecting his unpretentious nature.Read More-https://voiceofentrepreneur.life/

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Meet India's richest CEO with a net worth of ₹6,700 crore. Despite not owning a company, he possesses a ₹70 crore home. Find out who he is…

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Bengaluru intern informs boss that his startup received funding: “I no longer need the internship

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Bengaluru intern informs boss that his startup received funding: “I no longer need the internship

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In yet another instance that could only happen in Bengaluru, India’s startup hub, an intern decided to leave his internship at a tech company after securing funding for his own startup. The CEO of Flexiple, , Karthik Sridharanposted a screenshot of his chat with the intern in the issue.

Sridharan, co-founder, and CEO of Flexiple, a global platform connecting tech professionals with employers, reached out to the unnamed intern via WhatsApp to inquire about their absence from work on Friday.

The intern explained that he had taken the day off to meet with a venture capitalist and ended the conversation by notifying Sridharan that his AI startup had received funding and he no longer required the internship.

“Hey, I apologize. I had to take a leave of absence to attend a VC meeting. My AI business received funding. The intern told Sridharan, “I don’t need the internship anymore. Sharing the screenshot on X, Karthik Sridharan remarked, “This only happens in Bangalore.”Read More-https://voiceofleaders.com/

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Bengaluru intern informs boss that his startup received funding_ _I no longer need the internship

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Shriram Finance plans to raise up to $1.5 billion from international markets, according to the CEO

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Shriram Finance plans to raise up to $1.5 billion from international markets, according to the CEO

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Indian non-banking lender Shriram Finance aims to raise up to $1.5 billion from overseas markets in the current fiscal year to diversify its borrowing sources, its CEO revealed to Reuters on Tuesday.

“We are looking to secure between $1.25 billion and $1.5 billion (in fiscal year 2024-25)” through a combination of loans and bonds, said CEO and Managing Director Y S Chakravarti.

Out of this target, the lender has already raised $300 million and plans to secure an additional $300 million to $350 million within the next couple of months. The fiscal year concludes on March 31.

In November last year, India’s central bank instructed all lenders to allocate more capital for loans issued to non-banking financial companies, such as Shriram Finance, making it more costly to raise funds from local banks.

According to analysts, the Reserve Bank of India’s ruling has resulted in funding limitations for non-bank lenders that depend more heavily on domestic banks.

However, because of its higher credit rating and availability of different sources of funding, Shriram Finance, which offers loans to small and medium-sized businesses and for the purchase of commercial vehicles, has not seen any funding pressure, according to Chakravarti.Read More-https://voiceofentrepreneur.life/

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Peloton’s former billionaire CEO reveals he “lost all my money” after departing from the exercise company

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Peloton’s former billionaire CEO reveals he “lost all my money” after departing from the exercise company

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Peloton co-founder John Foley disclosed that he almost lost all his wealth after departing from the exercise equipment company in 2022.

In an interview with the New York Post, the former CEO shared how his status as a billionaire was fleeting, as his wealth was predominantly linked to the company.

“At one time, I had considerable wealth on paper, but unfortunately, not in my bank account,” the 52-year-old revealed. “I’ve lost all my money and had to sell nearly everything I owned.”

According to the Wall Street Journal, Foley sold a Manhattan townhouse for $35.5 million earlier this year after losing $4 million on the sale of his Hamptons home in 2023.

Since leaving, Foley has focused his energies on founding Ernesta, a home décor business in New York that offers personalized and custom rugs for sale online. He’s brought on board a number of former Peloton executives for the project, which he thinks will generate $500 million in free cash flow by the end of the decade, according to the Post…

“I’m working hard to try to make money again… because I don’t have much left,” Foley said with a hint of humor.

Foley co-founded Peloton in 2012.

Foley initially pitched the interactive exercise bike concept in 2011 and co-founded Peloton the following year with Hisao Kushi, who now serves as E rnesta’s Chief Legal Officer.

In 2020, Peloton experienced a significant surge in popularity as pandemic lockdowns shut down gyms, leading to a spike in demand for home workout solutions. The company’s shares skyrocketed by over 400% as Peloton established itself as a leader in the home exercise market.Read More-https://voiceofentrepreneur.life/

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4. "Paralympic Champion: Sumit Antil Wins Second Consecutive Gold in Javelin Throw"

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4. "Paralympic Champion: Sumit Antil Wins Second Consecutive Gold in Javelin Throw"

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On September 2, 2024, star javelin thrower Sumit Antil became the first Indian man and the second person from the country to defend a Paralympic title. He achieved this by winning the F64 category gold with a Paralympic record throw of 70.59 m at the Paris Games.

The 26-year-old world record holder from Sonipat, Haryana, surpassed his previous Paralympic record of 68.55 m, which he set in Tokyo three years ago while winning the gold.

His world record stands at 73.29 m.

Antil joins shooter Avani Lekhara as the only other Indian to successfully defend a Paralympic title. The F64 category includes athletes with lower limb issues, those using prosthetics, or those affected by leg length discrepancies.Also Read-https://24x7newsroom.com/

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Sumit Antil secures gold in the F64 javelin throw, becoming the first Indian man to successfully defend his title at the Paralympics

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Ford’s 2018 Mustang GT can do 0-to-60 mph in under 4 seconds

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Ford’s 2018 Mustang GT can do 0-to-60 mph in under 4 seconds

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https://voiceofentrepreneur.life/

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Gagan Biyani is a public figure in the tech industry, known for his entrepreneurial endeavors and contributions to innovation. His journey from early career milestones to...

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Aether’s lab-grown diamonds couldn’t compete with India, says CEO

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Aether’s lab-grown diamonds couldn’t compete with India, says CEO

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Indian diamond growers have made it challenging for other synthetic diamond producers to compete in the marketplace, says Ryan Shearman (pictured), who co-founded Aether Diamonds in 2018 and led the brand.

Last week, lab-grown e-tailer Grown Brilliance announced it had acquired Aether Diamonds (corporate parent: Impossible Diamond) along with another e-tailer, Clean Origin (corporate parent: Great Heights), for undisclosed amounts.

Aether offers a truly unique product—its diamonds are created using carbon captured from the air. Shearman notes that demand for Aether’s diamonds exceeded the company’s production capacity—the challenge, he says, lies in the fact that manufacturing takes place in the United States, unlike in low-labor-cost India.

“The margin pressure felt by producers compared to retail was significant,” Shearman tells JCK. “We were selling a product at a premium price. A U.S.-based lab simply can’t compete with India, and, in reality, the material has to be sent to India for cutting anyway.”

Shearman claims that because Grown Brilliance is vertically integrated, Aether is in good hands with them. According to Tejas Shah, CEO of Grown Brilliance, the company has 260 of its own diamond-making equipment in addition to several diamond suppliers, but it is not owned by any growers.

While some in the industry doubt the extent to which environmental concerns influence consumers, Shearman thinks his unique approach is a major selling factor.

“It’s difficult to win over customers when it comes to greenwashing,” he argues. Solar energy has emerged as a powerful equalizer, and many Indian businesses are currently utilizing it. However, the carbon is undoubtedly the last frontier. Read More-https://voiceofentrepreneur.life/

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Aether's lab-grown diamonds couldn't compete with India, says CEO

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Jim Kavanaugh, the CEO and co-founder of World Wide Technology, is the guest speaker on this edition of Fortune’s Leadership Next podcast, hosted by Diane Brady. Kavanaugh, who played on the U.S. men’s Olympic soccer team in 1984, attributes many of the leadership qualities he exemplifies at WWT to his upbringing and his parents. “Some teams had a distinct feel and were more free-flowing, while others were more structured in their play. Kavanaugh adds, “And you had to learn how to compete against those different teams.”

Brady and Kavanaugh also explore WWT’s position in the tech industry, the rise of AI, and where the CEO developed his strong work ethic.

Diane Brady: Leadership Next is brought to you by the team at Deloitte, who, like me, are examining the evolving roles of business leaders and how CEOs are steering through these changes.

Welcome to Leadership Next, the podcast focused on the shifting landscape of business leadership. I’m Diane Brady, and today I’m sitting down with Jim Kavanaugh, co-founder and CEO of World Wide Technology. You may not have heard of it, but it’s a $20 billion tech powerhouse based in St. Louis, and there’s a reason for that—St. Louis is Jim’s hometown. In addition to his tech achievements, he was an Olympic-level soccer player and now owns the soccer team in St. Louis. Jim is an avid reader and is at the forefront of AI and emerging tech trends. Here’s my conversation with him.

So, Jim, you’re the co-founder and CEO of World Wide Technology. Can we start with the basics—why St. Louis? Great to see you, by the way. And just so you know, I used to call it St. Louie when I was living in Canada, but I was corrected, and now it’s permanently etched in my mind as St. Louis—a wonderful city. What makes it a great place to base your company?Read More-https://voiceofentrepreneur.life/

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AI is advancing rapidly, and if you wait for perfection, you'll be too late, says the CEO of World Wide Technology

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Mercedes-Benz is a name that immediately brings to mind luxury and top-tier automobiles. When one of these cars passes by, it captures everyone’s attention. For a lot of us, this vehicle has come to represent our ideal car.

But have you ever been curious about how this legendary brand got its name? Are you someone searching for that answer too? Recently, Mercedes-Benz CEO Ola Källenius revealed a fascinating backstory. The famous automotive manufacturer’s name has a story behind it, which the CEO shares.

Where Did the Name Mercedes Come From?

The creator and engineer did not take the moniker “Mercedes,” according to a social media video that has gone viral. In the video, Källenius disclosed that a little child named Mercédès Jellinek is the true source of the name “Mercedes,” not a founder or engineer.

Who Was Mercédès Jellinek?

Mercédès Jellinek was the daughter of Emil Jellinek, an Austrian industrialist and avid racing enthusiast.

What Does Mercedes-Benz Mean?

The name Mercedes-Benz combines Mercédès Jellinek’s name with that of Karl Benz.

When Was the Name Mercedes Trademarked?

The “Mercedes” name was officially trademarked in 1902.Read More-https://voiceofentrepreneur.life/

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Intriguing Story Behind the Name Mercedes-Benz Hear What the CEO Reveals

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Apple’s iPhone 16 series, produced in India, is set to become available worldwide within a few days of its sales launch, according to The Economic Times. This is a significant milestone, as it’s the first time a globally released product made in India will be distributed internationally so quickly, highlighting the growth of India’s manufacturing sector and the Make-in-India initiative.

Apple will unveil the iPhone 16 series on Monday, with global sales expected to start 10 to 12 days later. Foxconn, a major Apple supplier, has already started producing the series in India.

For the first time, the iPhone 16 Pro and iPhone 16 Pro Max models will also be shipped from Indian factories to international markets. The iPhone 16 is anticipated to be one of Apple’s most advanced devices, featuring new artificial intelligence (AI) capabilities.

This move to India as a major production hub is part of Apple’s strategy to diversify its manufacturing, especially amid rising geopolitical tensions between the U.S. and China, the report added.

India’s Role in Global iPhone Production

In 2021, iPhone 13 models manufactured in India were available globally several months after their release. By 2022, this lag was shortened to less than two weeks for the iPhone 14. Last year, Apple managed to produce the iPhone 15 simultaneously in both India and China, although the Indian-made devices were only available locally on the first day of sales.Read More- https://voiceofleaders.com/

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Top 10 Largest Economies in the World: India’s Economy Grows Over 90% in Just a Decade!

India, now the world’s 5th largest economy, has surged from the 11th spot to 5th in just a decade. According to the IMF’s World Economic Outlook data, India’s economy has expanded by over 90% from 2013 to 2023. This marks the highest growth rate among major economies over the past ten years. Let’s explore how the United States and China have fared in terms of nominal GDP growth among the top 10 economies.

United States

The United States remains the world’s largest economy, with a nominal GDP of $27,358 billion in 2023. In 2013, its GDP was $16,881 billion, representing a 62.06% growth over the past decade.

China

China holds the second spot in the global economy rankings. Its GDP has grown by 83.50% from $9,625 billion in 2013 to $17,662 billion in 2023, according to IMF data.

Germany

Germany is currently the 3rd largest economy, with a nominal GDP of $4,457 billion in 2023. In 2013, Germany’s GDP was $3,734 billion, showing a growth of 19.38% in the last ten years.

Japan

Japan ranks 4th among the world’s largest economies today. However, in 2013, Japan was the 3rd largest economy. Its GDP decreased from $5,212 billion in 2013 to $4,213 billion in 2023, representing a decline of 19.18% over the decade.Read More-https://voiceofleaders.com/

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Top 10 Largest Economies in the World India’s Economy Grows Over 90% in Just a Decade! (1)

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New Delhi: On Teacher’s Day, Alakh Pandey, founder and CEO of Physics Wallah, called on the government to reduce the Goods and Services Tax (GST) on education and advocated for edtech companies to function as non-profit entities.

In an exclusive interview with ANI, Pandey highlighted the need for greater government investment in education, noting that the current expenditure of 3-3.5 percent of GDP is inadequate when compared to many developed countries.

“Enhanced government funding could significantly advance the education sector. Additionally, the high taxation on education in India is problematic. Currently, education is taxed at 18 percent GST in India, whereas in China, the rate is just 6 percent, which also covers private education,” Pandey stated.

“The country spends only 3 to 3.5 per cent of its GDP on education, compared to Brazil, which invests more than us,” the speaker said, highlighting the flagrant underfunding of India’s educational system.

Comparing the Chinese educational system, Pandey proposed that “edTech businesses ought to function as nonprofit entities, imitating China, since healthcare and education ought to take precedence over financial gain. Few chief ministers in India have addressed school development and education-related concerns, demonstrating the politicians’ lack of attention to the subject. In India, education is not a top concern.”

In his remarks, Pandey also discussed and praised the New Education Policy (NEP), stressing the need of its proper implementation. “While the NEP is a beneficial policy, proper implementation is still desperately needed. It emphasizes useful abilities, concise instruction, and efficient implementation.”Read More-https://voiceofleaders.com/

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On September 9, Infosys founder NR Narayana Murthy emphasized that parents need to create a disciplined home environment to help their children focus on their studies. He pointed out that parents cannot watch movies and expect their children to study at the same time.Murthy and his wife, Sudha, dedicated over three and a half hours daily to reading with their children, Akshata and Rohan Murty, to foster discipline. They spent from 6:30 pm to 8:30 pm focused on reading and studying, with television banned during this time. After dinner, they continued studying together from 9 pm to 11 pm to maintain this culture of discipline.

“My wife believed that if I was watching TV, I couldn’t ask our children to study,” Murthy explained. “So she decided to give up her TV time and study with them.”

Although Murthy’s work often kept him away from home, his wife’s choice to forego TV and study with the children set a strong example. This allowed their children to ask questions and get help from their parents, though Murthy acknowledged that this might not always be possible if parents are less knowledgeable than their children.

However, establishing a disciplined learning environment is more crucial. It is the parents’ duty to set that model of leadership through example, stated Murthy. “It won’t work if the parents take their kids to the movies and then tell them, ‘No, no, you study,'” he stated.

Akshata, Murthy’s daughter, is a fashion designer and venture capitalist, married to former British Prime Minister Rishi Sunak. Rohan, his son, is the founder and CTO of the AI company Soroco.Read More-https://voiceofleaders.com/

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Infosys founder Narayana Murthy says parents must set an example and not watch movies while telling their children to study

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On Tuesday, Oracle co-founder Larry Ellison shared the company’s vision for developing a highly secure infrastructure driven by autonomous systems. He also highlighted the benefits of multi-cloud environments for businesses, emphasizing their efficiency and practicality compared to depending on a single cloud service provider.

“Human errors cause most cyber attacks… so eliminating human involvement eliminates human error,” Mr. Ellison, 80, said during a crowded session at the CloudWorld event in Las Vegas, Nevada.

The billionaire, who co-founded Oracle in 1977 in California, announced that by next year, the company would migrate all its applications to AI-powered autonomous databases to prevent cyber breaches for its customers worldwide.

“We are utilizing AI to greatly improve our cloud security infrastructure and build autonomous systems… these autonomous systems are similar to self-driving cars, which are naturally safer than those operated by humans,” Mr. Ellison added.

A close associate of Tesla CEO Elon Musk, Mr. Ellison often referenced self-driving cars while stressing the importance of cyber security.

“By 2025, we will migrate all our applications to autonomous databases. This will not only enhance security but also make the software faster, more reliable, and reduce costs for customers Overall, Oracle’s cloud infrastructure will become quicker and more dependable,” said Mr. Ellison, who stepped down as Oracle’s CEO in 2014 and now serves as its chief technology officer and executive chairman.

The World Economic Forum’s 2023 Global Risks Report identified widespread cyber crime and cyber insecurity as two of the top 10 global risks in both the short and long term, as ranked by 1,200 experts from academia, business, government, and civil society.

The global cyber security market, valued at $72.24 billion last year, is projected to reach $193.73 billion this year and $562.72 billion by 2032, according to research from India-based Fortune Business Insights. Read More-https://voiceofleaders.com/

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Oracle founder Larry Ellison claims that AI-driven cloud systems will prevent cyber attacks

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On Wednesday, Softbank-backed consumer technology firm InMobi revealed that it has obtained $100 million in debt financing from MARS Growth Capital, a joint venture between MUFG and Liquidity Group.

InMobi is preparing for a potential listing in India and has initiated the necessary procedures.

The funds will be used to advance and deploy InMobi’s artificial intelligence (AI) technology, as well as to pursue potential AI-focused acquisitions.

“We are thrilled to receive the confidence and support from MARS Growth Capital to further accelerate our growth,” stated Naveen Tewari, CEO of InMobi.

Tewari emphasized that AI is fundamental to both InMobi’s consumer and enterprise operations.Read More-https://voiceofentrepreneur.life/

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InMobi secures $100 million in debt financing from MARS Growth Capital, announces CEO Tewari

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On Wednesday, Prime Minister Narendra Modi highlighted India’s ambition to establish itself as a global center for green hydrogen production, utilization, and export.

The National Green Hydrogen Mission is boosting industry, infrastructure, investment, and innovation. We are funding state-of-the-art research and development. Academic institutions and industry are forming partnerships. We are encouraging entrepreneurs and start-ups operating in this field,” he stated.

PM Modi was speaking at the International Conference on Green Hydrogen India 2024, which was put on by the Department of Scientific and Industrial Research, the Ministry of Petroleum and Natural Gas, the Ministry of New and Renewable Energy (MNRE), and the Office of the Principal Scientific Adviser to the Government of India.

There is significant potential for developing a green jobs ecosystem,” PM Modi remarked. “To support this, we are also focusing on skill development for our youth in this sector.”

He emphasized that the effects of climate change are being experienced now. “There is an increasing awareness that climate change is not a distant issue but a current reality. Read More-https://24x7newsroom.com/

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PM Modi aims to establish India as a global leader in Green Hydrogen production

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New Delhi: Prime Minister Narendra Modi announced a significant push for domestic semiconductor production, emphasizing that India offers a comprehensive ecosystem for chip manufacturers. “This is the ideal moment to invest in India. In the 21st century, India is the place where chips are never down. When challenges arise, you can rely on India,” PM Modi stated at Semicon India, a three-day event dedicated to India’s semiconductor policy.

The Prime Minister expressed his vision of having an Indian-made chip in every global device, noting that investments exceeding ₹1.5 lakh crore have been pledged towards semiconductor manufacturing, with several projects underway.

“India presents a unique opportunity with its reform-driven government, expanding manufacturing sector, and technology-focused market,” he told the chipmakers. He highlighted the country’s integrated semiconductor ecosystem, stable policies, and favorable business environment.

“We are building a semiconductor workforce of 85,000 technicians, engineers, and R&D experts,” he stated.Read More-https://24x7newsroom.com/

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Bet on India When Times Are Tough_ PM Modi's Major Semiconductor Initiative

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Shares of Samsung Electronics dropped by as much as 3% on Friday as the strike by workers at its southern Indian plant continued, disrupting production at the consumer electronics unit for the fifth consecutive day.

Discussions between the workers’ union representatives, Samsung’s management, and state labor officials failed to reach a resolution on Thursday regarding issues such as pay and working conditions.

Since Monday, hundreds of workers have been on strike, demanding that Samsung acknowledge their union, raise wages, and cut working hours. This strike is noted as one of the largest in recent years in India, according to Reuters.

The Chennai-based plant in southern India manufactures electronic appliances including televisions, refrigerators, and washing machines. It is one of Samsung’s two factories in India and can account for up to 30% of the company’s $12 billion annual revenue in the country, as reported by Reuters.

Samsung Electronics is a key player in India’s smartphone and electronic appliances market, with the major appliances sector in India expected to generate $38.2 billion in revenue in 2024, according to Statista.

The workers will maintain their strike until their demands for improved wages and working conditions are addressed, union leader E.Muthukumar told Reuters. “Samsung management has requested that we end the strike, but they have declined to recognize the union or participate in discussions, so the strike will continue.”Read More-https://voiceofleaders.com/

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Samsung's stock declines as the workers' strike at its India plant persists following failed negotiations

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At 66, Chaudhry has established five different companies. His initial venture, SecureIT, was a cybersecurity company he co-founded with his wife in 1996. The company was sold for $70 million in stock in 1998. His most recent company is Zscaler, another cybersecurity firm founded in 2008, which currently has a market cap of $24.13 billion as of Wednesday. As the CEO of Zscaler, which employs over 7,000 people, Chaudhry’s net worth stands at $9 billion, according to Forbes.

When hiring new employees, Chaudhry frequently considers a key question to assess their suitability: “Are you a builder or an operator?”

Here’s a look at how each type of worker operates and why it’s beneficial to embody both roles throughout your career.

Builders thrive in chaotic, dynamic environments.

They excel in startups and informal settings where structure is minimal.

“Startups succeed due to immense passion and minimal process,” he explains, contrasting this with the rigid hierarchies found in larger companies. In startups, “communication is largely informal, relying on direct conversations rather than formal channels.” This level of freedom is what builders enjoy and require in their work.

He notes that “builders often play a crucial role in scaling and growing a company.”They need to be curious and committed to continuous learning because, in nascent companies, “there are many unknowns that need to be addressed.Read More-https://voiceofentrepreneur.life/

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The billionaire CEO suggests that there are two types of workers. Strive to be both throughout your career

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In a revealing hour-long interview on the Acquired podcast, Meta CEO Mark Zuckerberg discussed one of the biggest regrets of his career and made it clear that his days of apologizing are over. This seems to be part of a new phase for Zuckerberg, as he’s been sharing more about his personal life lately. We’ve learned that he’s raising Wagyu and Angus cattle at his Ko’olau Ranch in Kauai, enjoys surfing, and recently competed in his first jiu-jitsu tournament, where he won several medals. This “Zuckerberg 2.0” also features a fresh look, complete with curly hair, oversized t-shirts, and a striking gold chain. One thing is certain—he’s done with apologizing.

Zuckerberg revealed that his biggest career mistake was a “political miscalculation,” describing it as a “20-year mistake.” This likely references the aftermath of the 2016 U.S. election, when Facebook was blamed for spreading misinformation. The Cambridge Analytica scandal, where Facebook user data was misused, along with foreign interference on the platform, caused widespread criticism of the company. However, Zuckerberg now feels that he took on too much responsibility for issues that weren’t entirely Facebook’s fault. Reflecting on the situation, he explained that the company should have been more selective in what it took ownership of.

“One of my regrets is that we took on criticisms from others about issues they said we were responsible for, even though I don’t believe we were entirely at fault,” Zuckerberg said during the interview. “We certainly made mistakes that needed fixing, but there’s a tendency for companies to instinctively accept responsibility when issues are raised. Even if the problems weren’t fully ours, we’d respond by saying, ‘We’ll take full responsibility and work to resolve this.’”Read More-https://voiceofentrepreneur.life/

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Meta CEO Mark Zuckerberg admits that his biggest career regret is a mistake he has carried for 20 years

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Elon Musk, the world’s wealthiest individual and owner of X (formerly Twitter), recently stirred controversy with a troubling comment directed at pop star Taylor Swift. The issue arose after Musk responded to Swift’s Instagram post endorsing Kamala Harris for the upcoming presidential election. In her post, which included a sarcastic reference to herself as a “Childless Cat Lady,” Swift voiced her support for Harris following a debate between Harris and Donald Trump.

Musk’s reaction was a tweet that read, “Fine Taylor … you win … I will give you a child and guard your cats with my life.” This response was made in reaction to Swift’s endorsement, which highlighted her support for Harris’s leadership and contrasted it with what she perceived as the chaos of Trump’s tenure. Read More-https://voiceofleaders.com/

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Equitas Small Finance Bank deposit growth

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Equitas Small Finance Bank deposit growth

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Equitas Small Finance Bank fell just short of meeting the asset quality requirements for a universal bank license. In an interview with FE, Managing Director and CEO PN Vasudevan discusses, among other topics, why it is important for Equitas to move beyond its’small finance bank designation. Here are some highlights:

Credit-deposit mismatch is a major concern for large commercial banks. How is this playing out for SFBs?

Despite some confusion surrounding the ‘ small finance bank’ label, we have successfully raised public deposits. People frequently question whether we are a finance company or a true bank and whether their investments are secure, even after seven to eight years of the SFB model. Despite these concerns, we have not faced any difficulties in attracting deposits. Our ability to raise funds has never been limited, as we offer interest rates that are 1-2% higher than those of larger banks.

How have SFBs evolved on the credit side?

A significant trend in the industry is portfolio diversification. When SFB licenses were issued seven to eight years ago, most of us were primarily NBFC microfinance institutions, with 50–90% of our exposure to unsecured microfinance. Transitioning to banks, a crucial change was to increase our secured loan portfolio and reduce unsecured loans to a more balanced level. While the RBI does not specify a required portfolio mix, it is important to maintain a balanced approach to unsecured loans.

Regarding Equitas’ loan book mix:

Our portfolio is well-diversified. Currently, 83% of our loans are secured, and 17% are unsecured (primarily microfinance). Within the secured loans, 38% are small business loans, 25% are commercial vehicle loans, 12% are affordable housing loans, and the remaining 7-8% are allocated to MSMEs and lending to NBFCs. We introduced credit cards in the fourth quarter and are also rolling out personal loans, both of which fall into the unsecured category.

Why did you decide to offer credit cards and personal loans?

Read More-https://voiceofleaders.com/

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Equitas Small Finance Bank CEO PN Vasudevan states that _Small Finance Banks are not encountering any difficulties in raising deposits

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OpenWeb’s founder and CEO, Nadav Shoval, has rejected stepping down after the company’s board of directors named Tim Harvey as the interim CEO, as revealed in a LinkedIn post.

“I have not stepped down as OpenWeb’s CEO,” Shoval stated in his LinkedIn post.

According to a recent Fortune report, the board of directors appointed Tim Harvey, chairman of the content moderation platform, as the new acting CEO earlier this week.

In addition, Shoval said that by announcing a change in leadership rather than addressing conduct issues, the board had violated his employment contract.

I recently informed the company that they breached my contract, which was meant to directly address troubling conduct by the Board of Directors. In his statement, Shoval said, “The Board chose to act against OpenWeb’s best interests by announcing a leadership transition at an unexpected company-wide meeting rather than finding a solution to the problems.

Shoval’s post also emphasized his refusal to accept the board’s decision.

“I do not agree with these actions. I will continue to fight for OpenWeb’s mission and purpose alongside our team,” Shoval reiterated in his post. Read More-https://voiceofentrepreneur.life/

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OpenWeb's tech unicorn CEO, Nadav Shoval, declines to step down despite the board appointing a new chief

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Atishi Marlena as Delhi's Chief Minister

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Atishi Marlena as Delhi's Chief Minister

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New Delhi: Delhi Minister Atishi is set to become the new Chief Minister following Arvind Kejriwal’s resignation from the position, announced after his meeting with Lieutenant Governor VK Saxe na this afternoon. The decision was finalized during a meeting of Aam Aadmi Party (AAP) legislators today.

During the AAP MLAs’ meeting, party leader Dilip Pandey suggested that Mr. Kejriwal should choose the new Chief Minister. When Mr. Kejriwal proposed Ms. Atishi as the candidate, all AAP MLAs supported the decision, leading to her election as the leader of the legislature party.

Ms. Atishi, who currently oversees critical portfolios such as Education and the Public Works Department, is an Oxford University alumna and a Rhodes scholar. She has played a significant role in AAP’s major initiative to reform education within Delhi’s schools.

An MLA from Kalkaji, Atishi, age 43, stepped into a ministerial role after Mr. Sisodia’s arrest in a corruption case tied to Delhi’s now-defunct liquor policy. During the period when both Mr. Kejriwal and Mr. Sisodia were detained, Atishi effectively represented the party at various events and in media interactions.

On August 15, Mr. Kejriwal appointed her to raise the tricolor at the Delhi government’s Independence Day ceremony. Although Delhi Lieutenant Governor VK Saxena intervened to prevent this, it was clear that the AAP leadership had great trust in Ms. Atishi’s capabilities.

After the announcement, Ms. Atishi addressed the media, expressing her gratitude to her mentor, Mr. Kejriwal. She stated, “Arvind Kejriwal has placed his trust in me and entrusted me with this responsibility. I urge all Delhiites to support your son, your brother Arvind Kejriwal, for Chief Minister once again, as he is a man of integrity.”

Ms. Atishi’s promotion follows Mr. Kejriwal’s unexpected decision to step down from the Chief Minister’s role just two days prior. During a party workers’ gathering on Sunday, Mr. Kejriwal declared, “I will resign as Chief Minister in two days. I will not return to that position until the people have spoken. The Delhi elections are still months away. Having received justice from the legal system, I now seek justice from the people’s court. I will only resume the Chief Minister’s role once the people have given their mandate.”Read More-https://24x7newsroom.com/

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AAP's Atishi Appointed as Delhi's New Chief Minister, Selected by Arvind Kejriwal

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India's exports decline by 9.3% in August

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India's exports decline by 9.3% in August

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India’s merchandise exports fell by 9.3% to $34.7 billion in August, impacted by sluggish global demand and geopolitical issues, according to data from the commerce department.

In contrast, imports increased by 3.3% to $64.4 billion for the month, resulting in a trade deficit of $29.65 billion.

Commerce Secretary Sunil Barthwal noted that the significant slowdown in China, declining petroleum prices, the European recession, and challenges related to transportation and logistics have negatively influenced merchandise exports.

For the first three months of the financial year (April-June), India’s exports saw a 5.8% year-on-year growth, reaching $109.9 billion.

According to the World Trade Organization’s (WTO) April Global Trade Outlook and Statistics, the volume of global merchandise trade is expected to gradually rebound in 2024 and 2025 following a decline in 2023 as a result of the aftereffects of high energy prices and inflation in developed economies, especially in Europe.Read More-https://24x7newsroom.com/

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In August, India's exports decreased by 9.3% to $34.7 billion, driven by sluggish global demand

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Squadron Leader Mohana Singh has made history as the first female fighter pilot to join the prestigious ‘Flying Bullets’ squadron, which operates India’s indigenous LCA Tejas fighter jets.

As one of the country’s pioneering female fighter pilots, Squadron Leader Singh has once again broken new ground. Her achievement highlights the Indian Air Force’s dedication to gender equality and empowerment.

The officer participated in the recent ‘Tarang Shakti’ exercise in Jodhpur, where she took part in a historic flight alongside three Vice Chiefs of the armed forces.

Squadron Leader Mohana Singh was among the first three women to become fighter pilots in the Indian Air Force.

Her fellow trailblazing female pilots, Squadron Leader Bhawna Kanth and Squadron Leader Avni Chaturvedi are currently flying Su-30 MKI fighter jets in the western desert.

Previously, Singh flew MiG-21s and has recently been assigned to the LCA Tejas squadron based at Naliya airbase in the Gujarat sector, along the Pakistan border.

During the historic flight, Squadron Leader Mohana Singh was seen guiding the Army and Navy Vice Chiefs in the LCA Tejas fighter jet, helping them prepare for the mission.Read More-https://24x7newsroom.com/

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Squadron Leader Mohana Singh has made history as the first female fighter pilot to join the LCA Tejas fighter fleet

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Google's response to antitrust allegations

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Google's response to antitrust allegations

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The antitrust lawsuit between the U.S. Department of Justice (DOJ) and Google began its second week on September 16, 2024. The DOJ has charged Google with monopolizing the digital advertising technology (ad tech) market. According to the lawsuit, which was filed in 2023, Google allegedly used acquisitions to unfairly eliminate competitors and reinforce its dominance in the ad tech industry.

In defense, YouTube CEO Neal Mohan highlighted Google’s emphasis on innovation rather than anti-competitive practices. Mohan testified that Google’s dominance in digital advertising resulted from its innovative capabilities and improved services for business clients, including publishers and advertisers. He dismissed the DOJ’s accusations of Google eliminating competitors, pointing out that the company faced substantial competition in the ad tech industry.

Mohan emphasized that Google’s success stems from “product innovation” and providing superior tools and services, rather than suppressing rivals. He argued that the acquisitions were aimed at enhancing Google’s offerings, not at stifling competition.

However, the DOJ produced internal papers and emails as proof that Google purposefully bought rival companies to drive them out of business. The acquisition of DoubleClick in 2008, when Mohan joined, and AdMeld in 2011 are two significant acquisitions under consideration. These actions, according to the administration, were meant to lessen competition.Read More-https://voiceofentrepreneur.life/

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Google Antitrust Lawsuit_ YouTube CEO Neal Mohan Supports Google, Clarifies 'Parking' Mentioned in 2010 Emails

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At Salesforce’s annual ‘Dreamforce’ event in San Francisco, CEO Marc Benioff declared that the world is entering an “Indian era,” underscoring India’s rising global influence. Benioff expressed enthusiasm about Salesforce’s growing presence in India, where the company already employs over 11,000 people. He emphasized the significant role Indian operations play in engineering and market engagement, highlighting notable clients like the Bajaj Group.

Benioff also commended Arundhati Bhattacharya, former SBI Chairperson and current head of Salesforce India, for her leadership in guiding this expansion. Although he didn’t disclose specific growth targets or workforce expansion plans, he stressed India’s pivotal role in Salesforce’s future strategy.Read More-https://voiceofentrepreneur.life/

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World is entering the 'Indian era' Salesforce CEO Marc Benioff emphasizes India's increasing global influence

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India Could Double Its Economy by 2030, NITI Aayog CEO BVR Subrahmanyam Says On Wednesday, NITI Aayog CEO BVR Subrahmanyam projected that India could easily double the size of its economy by 2030. Speaking at an event hosted by the Public Affairs Forum of India (PAFI), Subrahmanyam also emphasized that climate change presents India with a significant opportunity to lead in climate technology.

“Our economy should easily double by 2030. India’s goal of becoming the third-largest economy by 2026-2027 requires a well-coordinated grand strategy,” he stated.

Currently, India ranks as the fifth-largest economy globally, with a nominal GDP of approximately $3.7 trillion.

“By 2047, India will emerge as a major global player. It already has substantial influence and will grow even more significant in international affairs,” Subrahmanyam added.

He also noted that by 2047, India is expected to be one of the world’s youngest nations demographically, with a projected per capita income ranging from $18,000 to $20,000, positioning it for substantial prosperity.

He stated, “This growth is remarkable as India is expected to emerge as a leading global player, drawing on the substantial progress made over the past decade in addressing challenges such as natural disasters and poverty.”

He also highlighted the importance of focusing on the green economy, noting that the Aayog is actively working on creating a roadmap for achieving net zero carbon emissions by 2070.

He shared, “We have assembled a task force and are working in conjunction with both central and state governments to achieve our aims.”

The CEO of Niti Aayog underscored the importance of global value chains (GVCs).Read More-https://24x7newsroom.com/

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NITI Aayog CEO Claims Indian Economy Could Double by 2030, Sees Climate Change as an Opportunity for India

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An Indian-American passenger took to TikTok to express his dissatisfaction with Air India, detailing his “worst” experience while flying in a business class seat on a non-stop flight from New Delhi to Chicago.

Anip Patel, CEO of CaPatel Investments, described the experience as a “nightmare,” calling it the “worst first class cabin” he had encountered, despite paying $6,300 for the trip.

Air India’s $400 Million Revamp Initiative

Interestingly, Air India is embarking on a $400 million refurbishment plan. The Tata-owned airline aims to upgrade 67 aircraft as part of its mission to enhance the passenger experience and position itself as a world-class airline. The program kicks off with 27 revamped Airbus A320neo planes, followed by 40 Boeing aircraft. Does this mean that promises of premium customer service are merely an illusion?

Patel began the video by stating, “Join me on the worst first-class cabin I’ve ever been on.”

This is a non-stop flight from Chicago to Delhi on Air India, costing $6,300 one-way or 25,000 miles,” he continued, showcasing every detail of the first-class cabin. “Look how dirty this is—things were moving in different compartments; everything was either ripped or damaged. I understand normal wear and tear, but this was on another level.”

Air India’s First-Class experience was a ‘complete nightmare.’

He went on to describe his “disgusting” experience, showing a white face towel and commenting, “This was next level, guys. It was supposed to be a warm towel, but it was served cold. They’ve partnered with Ferragamo, which was decent, and the pajamas were soft, but the headphones were tangled and had grime on them.Read More-https://24x7newsroom.com/

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Indian-American CEO recounts 'worst' experience on Air India flight to Delhi Watch

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At Salesforce’s annual ‘Dreamforce’ event in San Francisco, CEO Marc Benioff declared that the world is entering an “Indian era,” underscoring India’s rising global influence. Benioff expressed enthusiasm about Salesforce’s growing presence in India, where the company already employs over 11,000 people. He emphasized the significant role Indian operations play in engineering and market engagement, highlighting notable clients like the Bajaj Group.

Benioff also commended Arundhati Bhattacharya, former SBI Chairperson and current head of Salesforce India, for her leadership in guiding this expansion. Although he didn’t disclose specific growth targets or workforce expansion plans, he stressed India’s pivotal role in Salesforce’s future strategy.

Additionally, Salesforce introduced ‘Agentforce,’ an innovative autonomous AI tool designed to optimize business processes without human input. Benioff described it as a major advancement beyond traditional chatbots, with the potential to transform sales, marketing, and commerce. While acknowledging concerns about AI-induced job displacement, he pointed out that with proper workforce transitions, companies could unlock new growth opportunities.Also Read-https://voiceofentrepreneur.life/

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World is entering the 'Indian era' Salesforce CEO Marc Benioff emphasizes India's increasing global influence

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Japanese endoscope manufacturer Olympus Corp announced on Monday that it has dismissed Chief Executive Stefan Kaufmann following allegations of illegal drug purchases, causing its shares to plummet by 6 percent.

Kaufmann, a German national who assumed the role in April of the previous year, was appointed to enhance Olympus’ medical equipment division after his predecessor, Yasuo Takeuchi, guided the company through several years of asset divestitures. Takeuchi, 67, who is also an Olympus director, will temporarily resume CEO responsibilities, the company stated.

“In light of allegations regarding Mr. Stefan Kaufmann’s involvement in the purchase of illegal drugs, Olympus initiated an immediate investigation in consultation with external legal counsel,” the company said in its announcement. It refrained from disclosing the identity of the accuser or specifics about the investigation.

“Following the investigation’s findings, the Board of Directors unanimously concluded that Mr. Stefan Kaufmann likely participated in actions that contradict our global code of conduct, core values, and corporate culture.” Consequently, the board requested his resignation, which Kaufmann accepted, as indicated in the statement.

Reuters was unable to obtain comments from Kaufmann.

As reported by the Kyodo news agency, Olympus sought police advice regarding the situation. The police reportedly searched Kaufmann’s residence in June but did not discover any illegal drugs, according to an unnamed investigative source. Read More-https://voiceofentrepreneur.life/olympus-ceo-resigns-amid-allegations-of-unlawful-drug-purchases-leading-to-a-drop-in-share-prices/

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Olympus CEO resigns amid allegations of unlawful drug purchases, leading to a drop in share prices

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At Salesforce’s annual ‘Dreamforce’ event in San Francisco, CEO Marc Benioff declared that the world is entering an “Indian era,” underscoring India’s rising global influence. Benioff expressed enthusiasm about Salesforce’s growing presence in India, where the company already employs over 11,000 people. He emphasized the significant role Indian operations play in engineering and market engagement, highlighting notable clients like the Bajaj Group.

Benioff also commended Arundhati Bhattacharya, former SBI Chairperson and current head of Salesforce India, for her leadership in guiding this expansion. Although he didn’t disclose specific growth targets or workforce expansion plans, he stressed India’s pivotal role in Salesforce’s future strategy.

Additionally, Salesforce introduced ‘Agentforce,’ an innovative autonomous AI tool designed to optimize business processes without human input. Benioff described it as a major advancement beyond traditional chatbots, with the potential to transform sales, marketing, and commerce. While acknowledging concerns about AI-induced job displacement, he pointed out that with proper workforce transitions, companies could unlock new growth opportunities.Also Read-https://voiceofentrepreneur.life/

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World is entering the 'Indian era' Salesforce CEO Marc Benioff emphasizes India's increasing global influence

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India Could Double Its Economy by 2030, NITI Aayog CEO BVR Subrahmanyam Says On Wednesday, NITI Aayog CEO BVR Subrahmanyam projected that India could easily double the size of its economy by 2030. Speaking at an event hosted by the Public Affairs Forum of India (PAFI), Subrahmanyam also emphasized that climate change presents India with a significant opportunity to lead in climate technology.

“Our economy should easily double by 2030. India’s goal of becoming the third-largest economy by 2026-2027 requires a well-coordinated grand strategy,” he stated.

Currently, India ranks as the fifth-largest economy globally, with a nominal GDP of approximately $3.7 trillion.

“By 2047, India will emerge as a major global player. It already has substantial influence and will grow even more significant in international affairs,” Subrahmanyam added.

He also noted that by 2047, India is expected to be one of the world’s youngest nations demographically, with a projected per capita income ranging from $18,000 to $20,000, positioning it for substantial prosperity.

He stated, “This growth is remarkable as India is expected to emerge as a leading global player, drawing on the substantial progress made over the past decade in addressing challenges such as natural disasters and poverty.”

He also highlighted the importance of focusing on the green economy, noting that the Aayog is actively working on creating a roadmap for achieving net zero carbon emissions by 2070.

He shared, “We have assembled a task force and are working in conjunction with both central and state governments to achieve our aims.”

The CEO of Niti Aayog underscored the importance of global value chains (GVCs).

He noted that the government is actively developing improved strategies across various sectors and services. Read More-https://24x7newsroom.com/

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NITI Aayog CEO Claims Indian Economy Could Double by 2030, Sees Climate Change as an Opportunity for India

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An Indian-American passenger took to TikTok to express his dissatisfaction with Air India, detailing his “worst” experience while flying in a business class seat on a non-stop flight from New Delhi to Chicago.

Anip Patel, CEO of CaPatel Investments, described the experience as a “nightmare,” calling it the “worst first class cabin” he had encountered, despite paying $6,300 for the trip.

Air India’s $400 Million Revamp Initiative

Interestingly, Air India is embarking on a $400 million refurbishment plan. The Tata-owned airline aims to upgrade 67 aircraft as part of its mission to enhance the passenger experience and position itself as a world-class airline. The program kicks off with 27 revamped Airbus A320neo planes, followed by 40 Boeing aircraft. Does this mean that promises of premium customer service are merely an illusion?

Patel began the video by stating, “Join me on the worst first-class cabin I’ve ever been on.”

This is a non-stop flight from Chicago to Delhi on Air India, costing $6,300 one-way or 25,000 miles,” he continued, showcasing every detail of the first-class cabin. “Look how dirty this is—things were moving in different compartments; everything was either ripped or damaged. I understand normal wear and tear, but this was on another level.”

Air India’s First-Class experience was a ‘complete nightmare.’

He went on to describe his “disgusting” experience, showing a white face towel and commenting, “This was next level, guys. It was supposed to be a warm towel, but it was served cold. They’ve partnered with Ferragamo, which was decent, and the pajamas were soft, but the headphones were tangled and had grime on them.Read More-https://24x7newsroom.com/

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Indian-American CEO recounts 'worst' experience on Air India flight to Delhi Watch

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Landing the top position at the company where you once interned is akin to winning the career lottery. It’s a dream many pursue, sometimes with wide-open eyes and other times with blind hope. Yet, only a fortunate few achieve this feat. So, when Nike announced its new CEO, many began to look him up—some out of curiosity, others seeking inspiration from his remarkable journey. What they found was a true Cinderella story.

Elliott Hill embarked on his journey at Nike 36 years ago, not as an experienced executive but as a determined intern—one he had fervently sought for six long months.

On October 14, Elliott Hill will take over as President and CEO of Nike, succeeding John Donahoe. “Nike has always been an integral part of my identity, and I’m excited to help lead the company into an even brighter future. For 32 years, I’ve been fortunate to work alongside the best in the industry, helping to transform our company into the incredible place it is today,” Hill remarked in a statement.

He added, “I’m looking forward to reconnecting with the many employees and trusted partners I’ve collaborated with over the years, and I’m equally excited to forge new, impactful relationships that will drive us forward.”

From Nike Intern to Nike CEO

After graduating from Ohio University in 1988, Hill launched his career at Nike as an apparel sales representative intern. Following two years in that role, he transitioned to the sales team and swiftly moved up the ranks. By 1998, he was appointed Director of the Team Sports Division, a position he held for two years before becoming Vice President of EMEA Sales and Retail for three years. Shortly after, he advanced to Vice President and General Manager of USA Retail, and then, just a year later, to Vice President of USA Commerce. Read More-https://voiceofentrepreneur.life/

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From Nike Intern to CEO Man's 36-Year Career Journey on LinkedIn Inspires Many

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Scientists around the globe are working diligently to refine cathode chemistries for electric vehicle (EV) batteries—experimenting with various minerals to discover the most viable, cost-effective, and safe alternatives that can deliver the highest energy density at a scale suitable for mass production.

Currently, the most common cathode chemistries in lithium-ion batteries include lithium-iron-phosphate (LFP), nickel-cobalt-manganese (NCM), and lithium-nickel cobalt aluminum oxide (NCA). However, Pure Lithium (PL), a privately held startup based in Boston, claims to have developed a unique lithium metal battery that replaces nickel and cobalt with vanadium.

The company asserts that it can produce lithium batteries from scratch in under 48 hours, progressing “from brine to battery.”

“We’ve sourced lithium from four different continents and converted it into a pure metal electrode,” co-founder and CEO Emilie Bodoin told MINING.com in an interview. “We’re flexible about the lithium source because our technology and final product differ significantly from what others are doing.”

In July, Pure Lithium was honored with the Coup de Coeur Award at the World Materials Forum for its cutting-edge battery-ready lithium metal electrode, and it also secured the Best New Project Award at Fastmarkets, standing out among more established competitors.

Bodoin noted that Occidental’s subsidiary, TerraLithium, invested $15 million through a joint venture with Berkshire Hathaway. Furthermore, Canadian firm E3 Lithium has been providing the company with concentrate for the last two years.

Vanadium—the game changer

Vanadium is the PL’s chemical disruptor, according to Bodoin.

The company uses a vanadium oxide cathode, created by Nobel Prize laureate Stan Whittingham, a significant figure in the development of Li-ion batteries, in conjunction with its lithium metal anode.

According to Bodoin, one of the company’s 73 pending patents is a joint patent application with Professor Whittingham, who conducted the testing to show the improved safety profile.Read More-https://voiceofentrepreneur.life/

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Pure Lithium's CEO states that vanadium is the emerging chemistry for battery cathodes

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New Delhi: Over the past year, Procter and Gamble (P&G) India, the local subsidiary of the Cincinnati-based consumer goods giant, has undergone significant changes that have contributed to robust sales growth, a senior company official revealed.

P&G India, which earns over ₹10,000 crore from the sale of products like Tide detergent, Gillette razors, and Head & Shoulders shampoos, embarked on a restructuring process aligned with the parent company’s broader initiatives to revitalize its operations globally.

The company raised efficiency, accelerated its time to market, and introduced additional items tailored to the Indian market last year.

The company’s sales increased by 15% in the first half of 2018–19 (July–December 2018) thanks to these efforts, according to an interview with Madhusudan Gopalan, managing director and chief executive officer of P&G India sub-continent. The business uses the July–June fiscal year.

The updated approach that we have implemented both internationally and, more recently, in India has been the main motivator. We have endeavored to establish leadership in the areas of product, packaging, communication, go-to-market, and value. “We have repeatedly intervened in India,” Gopalan declared.

According to Gopalan, P&G has been attempting to increase its presence throughout the nation by utilizing a network of seven million stores.

“We are also boosting productivity throughout the entire company,” he added.

P&G has also increased the rate at which it has introduced products in India over the last 12 months, including Gillette Mach 3 Start razors, Pampers Premium Care for kids, and Whisper Choice Aloe Vera Freshness.

The Head & Shoulders brand has remained at the top of the shampoo category for the past three months.

The company is focused on enhancing its supply chain efficiencies to accelerate its market delivery.Read More-https://voiceofentrepreneur.life/

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P&G India's updated strategy has driven impressive sales growth, according to the CEO

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New Delhi: Over the past year, Procter and Gamble (P&G) India, the local subsidiary of the Cincinnati-based consumer goods giant, has undergone significant changes that have contributed to robust sales growth, a senior company official revealed.

P&G India, which earns over ₹10,000 crore from the sale of products like Tide detergent, Gillette razors, and Head & Shoulders shampoos, embarked on a restructuring process aligned with the parent company’s broader initiatives to revitalize its operations globally.

The company raised efficiency, accelerated its time to market, and introduced additional items tailored to the Indian market last year.

The company’s sales increased by 15% in the first half of 2018–19 (July–December 2018) thanks to these efforts, according to an interview with Madhusudan Gopalan, managing director and chief executive officer of P&G India sub-continent. The business uses the July–June fiscal year.

The updated approach that we have implemented both internationally and, more recently, in India has been the main motivator. We have endeavored to establish leadership in the areas of product, packaging, communication, go-to-market, and value. “We have repeatedly intervened in India,” Gopalan declared.

According to Gopalan, P&G has been attempting to increase its presence throughout the nation by utilizing a network of seven million stores.

“We are also boosting productivity throughout the entire company,” he added.

P&G has also increased the rate at which it has introduced products in India over the last 12 months, including Gillette Mach 3 Start razors, Pampers Premium Care for kids, and Whisper Choice Aloe Vera Freshness.

The Head & Shoulders brand has remained at the top of the shampoo category for the past three months.

The company is focused on enhancing its supply chain efficiencies to accelerate its market delivery.Read More-https://voiceofentrepreneur.life/

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P&G India's updated strategy has driven impressive sales growth, according to the CEO

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Adani Energy Solutions revenue growth forecast 

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Adani Energy Solutions revenue growth forecast 

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Adani Energy Solutions Ltd., the power transmission arm of the Adani Group, is valued at $18.5 billion at the enterprise level. A robust business growth trajectory is expected to drive a 29% compound annual growth in its pre-tax profits over the next three years, according to a report.

AESL boasts a diverse portfolio that encompasses transmission and distribution assets, along with a smart metering division.

“With an enterprise value of $18.5 billion, we consider AESL a highly appealing opportunity in the fast-growing energy markets of India,” stated Cantor Fitzgerald, a global brokerage that has initiated coverage of the company.

The brokerage believes AESL has exceptional growth potential relative to other publicly traded utility and energy companies in the US, Europe, and Asia. “We project total revenue to increase at a compound annual growth rate (CAGR) of 20% from FY24 to FY27, with adjusted EBITDA expected to grow at a CAGR of 28.8%.”

This contrasts with peers experiencing low single-digit revenue growth and mid-single-digit EBITDA growth.

Highlighting its faster growth compared to competitors, the brokerage noted that AESL is a more diversified enterprise.

After it completes nine newly granted projects in the next 18 to 24 months, we expect the transmission sector to grow rapidly (and expect it to gain further contracts in the next years). Its distribution business should maintain growth at or near double-digit rates by expanding its regulatory asset base (RAB). Additionally, its smart metering division is set to start generating significant revenue and profits, working through a backlog of 22.8 million smart meters (expected to yield $3.2 billion in income), with potential to win another 40 million smart meters, which could add over $6 billion in income,” the report stated.

AESL is expected to experience strong growth over the next four years, continuing to outpace its peers for at least the next decade. The reason for this increase is that, in comparison to other established markets, India is still relatively undeveloped. The transmission and distribution operations of AESL stand to gain as the nation grows and consumes more electricity.

“Following a recent capital raise that was significantly oversubscribed by three times, AESL is now well-positioned to drive growth across all three major segments,” Cantor Fitzgerald noted, adding that AESL shares currently trade at a 60% discount compared to peers.

AESL was established when Adani Enterprises demerged its transmission assets into a new entity called Adani Transmissions in 2015. Adani Transmissions subsequently acquired distribution assets from Reliance Infrastructure in 2018 and from MPSEZ Utilities in 2021.Read More-https://voiceofentrepreneur.life/

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Adani Energy Solutions is valued at $18.5 billion, with projected revenue growth of 20% over the next three years

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Growing up, Marilee Nelson aspired to become a doctor and never imagined she would end up selling cleaning products. “I don’t even think of it that way,” she explains. “I see our products as a means to further our mission. However, I experienced two unexpected catastrophic events in my life that had no viable medical solutions or positive prognosis.

“I was pre-med,” Nelson recalls. “I had a challenging childhood, battling earaches, asthma, allergies, severe hormone disruption, and unexplained fevers. My parents took me from one doctor to another, trying to find answers. My mother was diagnosed with cancer when I was 12, which inspired me to pursue medicine.

After enduring 28 years of relentless health issues—challenges that her son would later face as well—Marilee Nelson initiated a “positive rebellion to save [her] son.” She turned away from the Standard American Diet (SAD) and began to see “food as medicine.” This shift led to immediate improvements, even allowing her to avoid what was deemed a “necessary” kidney transplant. She had also been firmly told that pregnancy would be impossible for her, but that’s a story for another time…

Nelson was deeply into the food-as-medicine movement and even became a medicinal chef, operating a health resort in Montego Bay, Jamaica. Upon returning to the U.S. in Texas, she learned firsthand about the detrimental effects of pesticides on the immune system. Her son, Douglas, developed extreme sensitivity to various environmental toxins, including chemicals, pesticides, mold, volatile organic compounds, and electromagnetic radiation. It seemed that everything posed a potential risk to his health.

Doctors referred to Douglas as a “bubble boy,” labeling him as “catastrophically chemically injured, with irreversible damage to his brain and immune system.” Nelson remarked, “I realized that Douglas was a case study for observing how the body and mind react to chemical exposures and how they respond when those triggers are removed.”

The Nelson family adopted an intensive detox regimen, believing it to be the best—and only—way to “cure” Douglas of his numerous interconnected immune disorders.

A pivotal moment occurred when Nelson discovered Bau-biologie, or “Building Biology,” which examines how different types of buildings—both “green” and conventional—impact occupant health, particularly focusing on bedroom hygiene. In Bau-biologie, she found the insightful answers she had been seeking, ultimately earning certification as a Bau-Biologist and Bau-Bio Inspector.

From her experiments with immune system-friendly home cleaning products, Three Branches Healthy Living was founded in 2012. The Minneapolis-based company eventually evolved into Branch Basics (“Safe cleaning made simple”) with the partnership of two other women, Allison Evans and Kelly Love.

Branch Basics is committed to providing a range of home and healthcare goods intended for novices, basic users, and “elevated” clients, with the tagline “From mess to clean, we’ll take care of everything in between.”

The flagship product, Branch Basics Concentrate, is a white-labeled nontoxic cleaner that is 100% bio-based, biodegradable, Certified Made Safe, EWG-Verified, Cruelty-Free Verified, and independently tested to ensure it is not an irritant to the skin or eyes.

The “concentrate” model is central to Branch Basics’ subscription plan, which allows customers to simply add water. The products are also sold at retail stores, including Walgreens, Walmart, and Whole Foods, and have been featured in well-known publications such as People, Real Simple, Forbes, O Magazine, and Women’s Health.

We didn’t initially aim to sell soap,” Nelson explains. “Our mission is to empower people to cultivate healthy homes and utilize the advantages of pure ingredients.

Branch Basics was founded to help individuals rid their lives of toxins and embrace healthier lifestyles,” Nelson continues. “Our strategy begins with eliminating cleaning products that contain some of the most harmful chemicals typically found in homes.Read More-https://voiceofentrepreneur.life/

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Branch Basics' CEO states, At Times, Your Greatest Challenge Can Become Your Biggest Opportunity

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India’s largest stock broking platform, Zerodha, reported a revenue of ₹8,320 crore and a profit of ₹4,700 crore, as stated by co-founder and CEO Nithin Kamath.

This marks a significant increase from the₹6,875 crore revenue and₹2,907 crore profit reported in FY23. In that year, Zerodha also experienced a 39 percent surge in net profit, up from ₹2,094 crore in FY22, while revenue grew by 35.5 percent from ₹4,694 crore in FY22.

‘Unrealized Gains, Risks Materializing’

The profits do not take into consideration approximately ₹1,000 crore in unrealized gains, which will be shown in our financial statements. Given our profitability over the last three years, our net worth is nearly 40 percent of the customer funds we manage, making us one of the safest brokers to trade with,” Kamath added.

“Many risks appear to be materializing simultaneously. We are already observing a plateau in revenue and profit, and we are preparing for a significant revenue drop later this year,” he noted.

‘Preparing for a Significant Revenue Drop’

Kamath outlined several factors that he anticipates will negatively affect Zerodha’s performance. These include:

A projected 10 percent revenue decline following SEBI’s true-to-label circular, set to take effect on October 1, 2024.

A consultation document on index derivatives was released by SEBI recently and is available for public feedback. We anticipate that sometime in the upcoming quarter, this paper will become a regulation. We now rely heavily on index derivatives for a large amount of our business, so any changes will affect us, according to Kamath. He expects this to result in a 30–50% decrease in revenue.

An increase in STT starting October 1, 2024. While the effect on options trading is minimal, Kamath anticipates a substantial impact on futures trading.

The amount of Annual Maintenance Charges (AMC) collected will adjust due to the new Basic Services Demat Account (BSDA) thresholds established by the regulator. “Essentially, instead of charging₹4 lakhs, we can now charge the full AMC to consumers with a demat holding of₹10 lakhs and higher. Coupled with our decision to eliminate the account opening fee, this will lead to a notable decrease in revenue,” he added.Read More-https://voiceofentrepreneur.life/

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Zerodha achieved a revenue of ₹8,320 crore in FY24 with a profit of ₹4,700 crore, according to CEO and co-founder Nithin Kamath

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Ahmedabad: At a high-level discussion, Bombardier CEO Eric Martel and Adani Group Chairman Gautam Adani discussed “transformative partnerships” in the aviation industry.

In a post shared on social media platform X on Wednesday, Gautam Adani announced their intention to leverage synergies for a more robust and self-reliant India.

“Spurring the expansion of aviation in India! “Had an amazing conversation about transformative partnerships in aircraft services, maintenance, and defense with Eric Martel, CEO of @Bombardier,” the chairman of the Adani Group stated.

Gautam Adani continued, “Collaboratively, we are leveraging synergies for a more powerful, independent India.”

The Adani Group entered the civil aviation sector with a vision to utilize its extensive experience in developing exceptional infrastructure to transform Indian airports.

Adani Airport Holdings Limited (AAHL) was established in 2019 as a wholly-owned subsidiary of Adani Enterprises Ltd.

AAHL’s goal is to revolutionize airport experiences. Currently, it manages seven major airports: Mumbai, Ahmedabad, Lucknow, Mangaluru, Jaipur, Guwahati, and Thiruvananthapuram.

The addition of Navi Mumbai International Airport (NMIA) to AAHL’s portfolio in December 2024 will represent a significant milestone in India’s aviation landscape. This expansion will elevate AAHL’s portfolio to eight airports, reinforcing its status as the foremost airport infrastructure company in the nation.Read More-https://voiceofleaders.com/

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The co-founder and former CEO of OceanGate testified during a hearing regarding the fatal implosion of its Titan submersible, stating that the company initially had no plans to construct its own submersibles.

Guillermo Sohnlein co-founded OceanGate in 2009 alongside Stockton Rush, who was among the five individuals who lost their lives in the tragic implosion during a deep-sea expedition to view the Titanic wreck in June 2023. Sohnlein departed from the company in 2013, well before OceanGate began its dives to the Titanic with the Titan, an experimental and unclassified vessel.

Sohnlein stated that “developing our own subs was not in the original plans” when they formed the company during their testimony on Monday during the U.S. Coast Guard’s two-week hearing on the collapse.

Their goal, he explained, was to build a fleet of deep-diving submersibles that could accommodate five individuals and descend to 6,000 meters. These submersibles would be available for rent. They wanted the subs to be able to operate off any ship, anywhere in the world, without needing a specific mothership or support vessel.

Sohnlein pointed out that the majority of commercial submersibles are now only able to function at 1,000 meters or fewer, which limits the depths to which ocean exploration may go.

“We aimed to change that,” Sohnlein stated. “Our goal was to provide humanity with greater access to the ocean, particularly the deep ocean, anything deeper than 1,000 meters.”

OceanGate shifts focus to constructing its own submersible using carbon fiber.

Sohnlein mentioned that they eventually came to the conclusion that building their own submersible was essential to achieving their business model.

“When we evaluated our business requirements—specifically the ability to transport five people to depths of 6,000 meters without a dedicated mothership and being deployable anywhere in the world—none of the existing sub builders could fulfill those criteria,” he explained.

“Additionally, when you considered the costs, it was going to be extremely prohibitive.”Read More-https://voiceofleaders.com/

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OceanGate co-founder states that the company initially did not intend to create its own submersible

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Red Lobster has 545 open locations, new management, and has emerged from bankruptcy.

The seafood chain, which previously filed for bankruptcy, has successfully completed its Chapter 11 restructuring and was acquired by RL Investor Holdings LLC. This entity is backed by funds managed by affiliates of Fortress Investment Group, with additional investment from TCW Private Credit and Blue Torch.

As announced earlier, Damola Adamolekun, formerly CEO of P.F. Chang’s, has taken on the role of CEO at Red Lobster. Most recently, Adamolekun served as an operating partner at Garnett Station Partners, which includes brands like Pollo Tropical, Primanti Bros, Twin Peaks, Checkers, and Carrols Restaurant Group. Prior to that, he was CEO of P.F. Chang’s China Bistro from 2019 to 2023.

“Red Lobster is embarking on a new chapter as a stronger and more resilient company,” Adamolekun remarked. “I’ve been a fan of Red Lobster since my first visit at the age of 9 in Springfield, Ill. As I step into the role of CEO, I’ve connected with numerous diners nationwide who share my enthusiasm for Red Lobster, reflecting their enduring passion for our brand.Read More-https://voiceofentrepreneur.life/

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Zerodha CEO Nithin Kamath provided an honest response to a challenging question posed during an event in Bengaluru: Why do Indians harbor resentment towards wealthy individuals?

At the TechSparks 2024 event in Bengaluru, YourStory founder Shradha Sharma pointed out the contrasting perceptions of rich people in India and the United States.

“In the United States, a person’s wealth, success, and new car purchases are displayed on the cover page. Purchasing a jet and everything else is completely typical. Furthermore, they don’t despise [wealthy people] as a society, added Sharma.

Conversely, she noted that in India, people tend to be “very judgmental when someone earns money.” She added, “We often think, ‘ismein kuch toh galat hoga’ (there must be something wrong with them).”

Nithin Kamath’s Perspective

Kamath, 44, resonated with Sharma’s observations and offered a thoughtful perspective on the matter. He acknowledged the significant wealth disparity in India, attributing it to the country’s socialist mindset.

“The US is a purely capitalistic society. We, on the other hand, are a socialist-pretending-to-be-capitalistic society,” Kamath stated. “Deep down, we all have a socialist inclination.”

When asked if he envisioned any changes in this mindset, Kamath expressed skepticism. “I don’t foresee any change. As long as wealth inequality persists, I don’t expect anything to shift,” he remarked.Read More-https://voiceofentrepreneur.life/

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Why is there animosity towards wealthy individuals among Indians 

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With a focus on maintaining its current talent strategy, IT giant Accenture is significantly investing in Indian talent for its technology sector, with plans to increase hiring in the country. Julie Sweet, CEO of Accenture, stated that the company’s primary recruitment efforts are centered in India.

“We are primarily hiring in India, with much of that focused on technology. This also allows us to refresh our workforce pyramid, bringing in new college graduates. So, our overall talent strategy remains unchanged,” Sweet explained during an investors’ call.

Significant Hiring in India

Accenture’s global workforce stands at 7.7 lakh employees, with over 3 lakh employees based in India, representing approximately 57% of the company’s total staff.

Accenture operates on a financial year running from September to August. During the 2025 fiscal year, the company made a net addition of 41,484 employees, including over 24,000 hires in the August quarter alone.

“We hire talent worldwide, and technology—one of the key drivers of our current growth—is where much of our hiring is concentrated, particularly in India,” Sweet further noted.

Rise in Gen AI Bookings

Accenture forecasts revenues for the first quarter of the 2025 fiscal year to range between $16.8 billion and $17.4 billion. In the third quarter, the company saw a five percent revenue growth compared to the same period in FY23-24.

“In the fourth quarter of FY24-25, Accenture secured GenAI bookings worth $1 billion. We achieved full-fiscal year new bookings totaling $81 billion, which includes a record 125 client bookings exceeding $100 million in a single quarter. Additionally, we now have 310 Diamond clients, representing our largest relationships,” said Julie Sweet, Accenture’s CEO. Read More-https://voiceofentrepreneur.life/

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Accenture is placing a strong emphasis on Indian talent for its technology sector, with CEO Julie Sweet revealing plans to focus on ‘Hiring primarily in India

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Meta Platforms CEO Mark Zuckerberg is known for his diverse interests, including a fascination with ancient Rome. On Wednesday, he wore a shirt that embodied his ambitions as his company introduced what he termed the best glasses in the world.

What does the phrase mean?

During Meta’s annual Connect event in Menlo Park, California, Zuckerberg sported a custom T-shirt featuring the Latin phrase “aut Zuck aut nihil,” which translates to “all Zuck or nothing,” while unveiling the first working prototype of Meta’s augmented-reality glasses.

This phrase is a variation of “aut Caesar aut nihil,” meaning “either a Caesar or nothing,” or more simply “all or nothing.

he expression, which signifies lofty aspirations, was a personal motto of the Italian Renaissance Prince Cesare Borgia and may have even originated with Julius Caesar, according to some historians.

Mark Zuckerberg’s interest in Roman history

The Roman Empire has long captivated Zuckerberg. August and Aurelia, his two children, are named for the emperors Augustus and Marcus Aurelius, after the two men who spent their honeymoon in Rome.

Earlier this year, on his 40th birthday, Zuckerberg shared photos on social media wearing a T-shirt that said “Carthago delenda est,” meaning “Carthage must be destroyed,” referencing Rome’s historic rival.Read More-https://voiceofleaders.com/

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Aut Zuck aut nihil'_ The custom T-shirt slogan of Meta CEO Mark Zuckerberg goes viral. Do you know its meaning

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Ola’s CEO, Bhavish Aggarwal, has unveiled a significant expansion of the company’s service network for electric vehicle (EV) customers. The initiative, named HyperService, is designed to enhance Ola Electric’s after-sales support and tackle persistent customer concerns, such as prolonged repair wait times.

In a recent post on X (formerly Twitter), Aggarwal shared key highlights of this new service initiative:

Doubling Service Centres: Ola is set to increase its company-owned service centres from 500 to 1,000 by the end of December. This expansion aims to ensure faster and more convenient repairs for Ola Electric users throughout India.

EV Mechanic Training: As part of its Network Partner Program, the company will train 100,000 third-party mechanics by December 2025. This training will equip mechanics across the country to handle EV repairs, making maintenance services more widely accessible.

Faster Repairs with Added Benefits: Ola guarantees a one-day repair resolution. If the service exceeds this time, customers will receive an Ola S1 scooter as a backup. Ola Care+ subscribers will also benefit from complimentary Ola Cab coupons during the repair period.Read More- https://voiceofleaders.com/

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Ola CEO Bhavish Aggarwal reveals plans to double the number of service centers, incorporating AI-powered diagnostics

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As per media reports, Volvo has no intention of competing in the growing market of low-cost EVs in China. The brand’s entry-level electric vehicle, the EX30, is priced at $28,000, and there are no plans to introduce a cheaper model.

Volvo’s CEO, Jim Rowan, stated, “I don’t compete at the low end of the BEV space in China,” describing it as “a tough place to be.”

The automaker is focusing on the premium EV segment for better returns.

In China, Volvo offers the EM90, which it describes as “a Scandinavian living room on wheels” with a range of 758 km. Additionally, its flagship EX90 SUV is priced at $115,000.

Rowan also emphasized that the EX30, priced at $28,000, will continue to be Volvo’s most budget-friendly model, stating, “This is the lowest price point the company will offer.”

To address the new tariffs imposed by both the USA and the EU, Volvo is reportedly accelerating EX30 production at its Ghent facility in Belgium.

Also Read-https://voiceofentrepreneur.life/

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Volvo has no plans to enter the low-cost EV market, according to the CEO

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Infosys CEO Salil Parekh has stated that the company will honor the offers extended to freshers, with joining to follow, although there have been some changes in the dates.

The remarks made by the CEO of Infosys become more important in light of rumors that the company has postponed hiring 2,000 recent engineering graduates from the 2022 class.

“Every offer we have extended will result in someone joining the company. We’ve adjusted some dates, but beyond that, everyone will join Infosys, and our approach remains unchanged,” Mr. Parekh told PTI when asked about the reported delays in onboarding 2,000 fresh engineering graduates over the past two years.

As of June 2024, the IT company, with its headquarters in Bengaluru, employed 3.15 lakh people altogether.

The Ministry of Labour and Employment has received a complaint from the IT and ITES union Nascent Information Technology Employees Senate (NITES) accusing Infosys of postponing the onboarding of 2,000 recent engineering graduates who were chosen for roles as digital specialists and system engineers during the 2022–2023 recruitment drive.

“These graduates have endured unpaid pre-training programs, unforeseen additional examinations, and ongoing delays in the onboarding process, even after receiving offer letters as early as April 2022. These experts have been left in limbo for over two years, even though they have complied with all standards,” NITES stated.

Infosys had previously stated that, based on growth over the course of the year, it plans to hire between 15,000 and 20,000 freshmen.Read More-https://voiceofentrepreneur.life/

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NASA has authorized the first astronaut launch to the International Space Station (ISS) from Cape Canaveral Space Force Station. The SpaceX spacecraft launch on September 28 will return Boeing Starliner astronauts Sunita Williams and Barry Wilmore. Both astronauts have been on the ISS since their space capsule experienced helium leaks and thruster issues, which led NASA to extend their stay.

The Crew-9 launch will mark SpaceX’s first mission from the SLC-40 pad at the Florida Space Force station. The Falcon 9 rocket and Dragon spacecraft are set to lift off with two Crew-9 astronauts heading to the ISS at 1:17 PM EDT (10:47 PM IST) on Saturday.

This launch will be the first time SpaceX is sending only two astronauts—Russian cosmonaut Alexandr Gorbunov and NASA veteran Nick Hague—since its test flight in May 2020. This deviates from SpaceX’s usual ISS crew rotation missions. Furthermore, this will be the first time that SpaceX launches people into orbit from a pad other than Launch Complex 39-A at Kennedy Orbit Center.

After the Boeing Starliner incident, NASA chose Elon Musk’s SpaceX to ensure the safe return of astronauts Williams and Wilmore. The Crew-9 mission, which was initially set to include commanders Zena Cardman and Stephanie Wilson, will now proceed with only Hague and Gorbunov to accommodate the Starliner astronauts. After their capsule returned to Earth empty on September 7, Williams and Wilmore are currently stuck on the International Space Station (ISS).

“We’re moving forward with the launch, scheduled for 1:17 p.m. tomorrow,” NASA’s Commercial Crew Program manager Steve Stich stated at a press conference. Stich noted that the spacecraft is vertical at the pad, and the next major task will be to load the cargo in the afternoon to prepare for the flight.Read More-https://24x7newsroom.com/

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SpaceX Crew-9 Launch Today The spacecraft will provide a ride home for Starliner astronauts Sunita Williams and Barry Wilmore

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The Economic Offences Wing (EOW) of the Mumbai Police has summoned Ashish Hemrajani, CEO of BookMyShow, along with a senior team member, in connection with an investigation into the alleged black market sale of tickets for the highly anticipated Coldplay concert in Mumbai.

The summons was issued following a complaint by advocate Amit Vyas, who raised concerns over unauthorized sales of tickets for the British rock band’s upcoming performances.

Hemrajani and the company’s technical head have been instructed to appear before the authorities on Saturday. Coldplay is slated to perform in Mumbai on January 18, 19, and 21, 2025, as part of their ‘Music of the Spheres’ World Tour, marking their first return to India in eight years.

Tickets for the event, which went on sale through BookMyShow on September 22, were quickly sold out due to high demand. Originally priced between Rs 2,500 and Rs 35,000, tickets have reportedly resurfaced on resale platforms at inflated prices, ranging from Rs 35,000 to as much as Rs 3 lakh, prompting concerns among fans and authorities.Read More-https://24x7newsroom.com/

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The Mumbai Police has summoned the CEO of BookMyShow regarding the alleged black market resale of Coldplay concert tickets

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At a time when streaming wars and technological disruptions are transforming the entertainment industry, Ravi Ahuja, who currently serves as the Chairman of Global Television Studios and President & Chief Operating Officer of Sony Pictures Entertainment, emphasizes the importance of flawless execution alongside creative excellence.

As he prepares to step into the role of President and CEO of Sony Pictures Entertainment in 2025, Ahuja’s journey from growing up in Cleveland to becoming a Hollywood executive showcases the value of continuous learning, strategic insight, and adaptability in navigating the evolving entertainment landscape.

Hollywood Connection

Born in Tennessee and raised in Cleveland, Ahuja’s rise to Hollywood’s elite is marked by strategic career decisions. With both undergraduate and MBA degrees from the Wharton School of the University of Pennsylvania, his academic background set the stage for his success in the entertainment sector. Despite his notable achievements, Ahuja maintains a sense of humor about his distant connection to his Indian heritage, joking, “I can’t speak the language. But I do know the bad words.”

Ahuja’s career path reflects his ability to build upon his accumulated knowledge and expertise. Before joining Sony in March 2021, he held prominent roles at Walt Disney Television and Fox Networks Group. At Disney, he was pivotal in the integration of Disney/ABC Television and Fox Networks following Disney’s acquisition of Fox in early 2019. His 12-year tenure at Fox saw him leading investments in emerging technologies and platforms, such as Hulu, Roku, and Draft Kings.

At Sony, Ahuja oversees all production operations for Sony Pictures Television (SPT), managing a broad portfolio that spans US and international productions, non-fiction content, children’s programming, and game shows. Under his leadership, Sony Pictures Television (SPT) has delivered a wide range of critically acclaimed television series worldwide, such as The Crown, The Boys, Gen V, Cobra Kai, Better Call Saul, The Last of Us, Shark Tank, American Idol, So You Think You Can Dance, 90 Day Fiancé, Octonauts, SuperKitties, and more. In 2023, the studio achieved a record-breaking 54 Emmy nominations, including three in the Best Drama category.

What Sets Him Apart

Ahuja’s strategy at Sony distinguishes him from many competitors in the media landscape. While other media conglomerates are heavily investing in direct-to-consumer streaming platforms, Sony has carved out a niche as a content creator for various services. During an interview at TheGrill 2023 Spotlight, he stated, “Our entire focus is on film and television production.” This approach allows Sony to remain agile in a rapidly evolving market, though it does come with its challenges. “The biggest hurdle to our strategy right now is the pullback in streaming,” Ahuja admits.

Despite these obstacles, Ahuja maintains a positive outlook on the future of the entertainment industry. He perceives the current upheaval as part of a broader transition: “I believe that in 2040, we’ll look back at this period and say, ‘Wow, that was really simple. Television just transitioned from one form of delivery to another.’”Read More-https://voiceofentrepreneur.life/

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Sony Pictures' new CEO, Ravi Ahuja, is a firm believer in the power of content

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Brad Garlinghouse, the CEO of Ripple Labs, has revealed plans to continue his legal battle against the U.S. Securities and Exchange Commission (SEC) following the regulator’s decision to appeal a recent court ruling regarding XRP.

In a post on X on October 2, Garlinghouse remarked, “Somehow, they still haven’t gotten the message: they lost on everything that matters.” He underscored that, despite the appeal, XRP is currently classified as a non-security.

In July, Judge Analisa Torres of the New York District Court ruled that XRP is not considered a security when sold on public exchanges, marking a partial victory for Ripple in the SEC’s ongoing lawsuit.

In July, Judge Analisa Torres of the New York District Court ruled that XRP is not classified as a security when sold on public exchanges, delivering a partial victory for Ripple in its ongoing lawsuit with the SEC.

However, the court determined that XRP sales to institutional investors must comply with securities laws, leading to a $125 million fine against Ripple. Recently, both parties agreed to suspend this fine while the SEC prepares for its appeal.

Ripple’s Chief Legal Officer, Stuart Alderoty, expressed his disappointment with the SEC’s decision, calling the lawsuit “irrational and misguided.” He mentioned that Ripple is contemplating whether to file a cross-appeal.

Legal experts anticipate that the appeals process could take up to a year and a half, with a potential ruling from the Second Circuit Court expected in early 2026. Meanwhile, XRP has experienced a 10.86% decline in value over the past 24 hours, trading at approximately $0.53.

Ripple remains committed to defending its stance and demonstrating that XRP is not a security.

Also Read-https://voiceofentrepreneur.life/

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Ripple CEO Garlinghouse Plans to Challenge SEC Appeal Regarding XRP Ruling

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Tilak Mehta, a 17-year-old freshman at the University of Southern California, might seem like just another college student, but his journey is anything but typical. Six years ago, at the age of 13, Mehta ventured into the business world and emerged as one of India’s youngest and most successful entrepreneurs with his logistics company, Papers-N-Parcels (PNP).

The Birth of Papers-N-Parcels

The inspiration for PNP came to Mehta unexpectedly. While staying at his uncle’s house, he realized he had forgotten some crucial books at home that he needed for his upcoming exams. Despite exploring various options to have the books delivered, he couldn’t find a same-day service. Most companies either didn’t provide same-day delivery or charged exorbitant fees. This challenge ignited an idea in Mehta’s mind: to establish a company that offered affordable same-day delivery services within the city.

Drawing inspiration from Mumbai’s renowned Dabbawalas, known for their efficient and cost-effective delivery services, Mehta aimed to modernize this model for the logistics industry. With assistance from his uncle and some financial backing from his father, Mehta founded Papers-N-Parcels, a company dedicated to delivering small parcels quickly and at reasonable rates. This was a bold move, especially since the concept of quick commerce and 10-minute deliveries was still emerging six years ago.

Growth and Succes s

What began as a modest endeavor quickly became a huge success. Mehta’s business gained notoriety in Mumbai by providing an effective substitute for conventional courier services and expeditiously delivering shipments within hours. Papers-N-Parcels grew quickly as a result of his commitment and diligence, and he never looked back.

Mehta’s personal net worth surpassed an amazing Rs 65 crore by 2021, while his company’s turnover exceeded Rs 100 crore. With his current monthly revenue of ₹2 crore, he is a rising star in the Indian entrepreneurship scene.

A Young Entrepreneur’s Vision

The life of Tilak Mehta is a great inspiration. He had the guts to launch a business at the age of 13 after spotting a market niche. He is currently 17 years old and still doing well in school and as an entrepreneur. His accomplishments demonstrate that age is no longer an obstacle to greatness when one has a clear vision, perseverance, and hard work.

Also Read-https://voiceofentrepreneur.life/

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Meet the boy who launched his company at 13, drawing inspiration from Mumbai's Dabbawalas; his business focuses on...

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At a time when streaming wars and technological disruptions are transforming the entertainment industry, Ravi Ahuja, who currently serves as the Chairman of Global Television Studios and President & Chief Operating Officer of Sony Pictures Entertainment, emphasizes the importance of flawless execution alongside creative excellence.

As he prepares to step into the role of President and CEO of Sony Pictures Entertainment in 2025, Ahuja’s journey from growing up in Cleveland to becoming a Hollywood executive showcases the value of continuous learning, strategic insight, and adaptability in navigating the evolving entertainment landscape.

Hollywood Connection

Born in Tennessee and raised in Cleveland, Ahuja’s rise to Hollywood’s elite is marked by strategic career decisions. With both undergraduate and MBA degrees from the Wharton School of the University of Pennsylvania, his academic background set the stage for his success in the entertainment sector. Despite his notable achievements, Ahuja maintains a sense of humor about his distant connection to his Indian heritage, joking, “I can’t speak the language. But I do know the bad words.”

Ahuja’s career path reflects his ability to build upon his accumulated knowledge and expertise. Before joining Sony in March 2021, he held prominent roles at Walt Disney Television and Fox Networks Group. At Disney, he was pivotal in the integration of Disney/ABC Television and Fox Networks following Disney’s acquisition of Fox in early 2019. His 12-year tenure at Fox saw him leading investments in emerging technologies and platforms, such as Hulu, Roku, and Draft Kings.

At Sony, Ahuja oversees all production operations for Sony Pictures Television (SPT), managing a broad portfolio that spans US and international productions, non-fiction content, children’s programming, and game shows. Under his leadership, Sony Pictures Television (SPT) has delivered a wide range of critically acclaimed television series worldwide, such as The Crown, The Boys, Gen V, Cobra Kai, Better Call Saul, The Last of Us, Shark Tank, American Idol, So You Think You Can Dance, 90 Day Fiancé, Octonauts, SuperKitties, and more. In 2023, the studio achieved a record-breaking 54 Emmy nominations, including three in the Best Drama category.

What Sets Him Apart

Ahuja’s strategy at Sony distinguishes him from many competitors in the media landscape. While other media conglomerates are heavily investing in direct-to-consumer streaming platforms, Sony has carved out a niche as a content creator for various services. During an interview at TheGrill 2023 Spotlight, he stated, “Our entire focus is on film and television production.” This approach allows Sony to remain agile in a rapidly evolving market, though it does come with its challenges. “The biggest hurdle to our strategy right now is the pullback in streaming,” Ahuja admits.Read More-https://voiceofentrepreneur.life/

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Sony Pictures' new CEO, Ravi Ahuja, is a firm believer in the power of content

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Hustle culture, defined by the relentless drive for success and heightened productivity, often exerts excessive pressure on employees to push themselves harder and work longer hours. While some individuals may embrace this mentality, the practice comes with serious consequences.

The continuous strain of chasing success while neglecting a healthy work-life balance can result in burnout, heightened anxiety, and adverse effects on both mental and physical well-being. CEO of Swiggy Food and Marketplace Rohit Kapoor believes hustle culture is a bad idea, even though many influential people in the sector support it. At a recent event, he shared his opinion that working late into the night at the cost of one’s health and personal relationships is counterproductive.

Speaking with Shradha Sharma at Techsparks, an event held in Bengaluru, Kapoor noted that while some days require working late, it should not be a daily occurrence. “Those who claim to work until 3 am often fail to mention that they arrive at the office by 1 pm the next day,” Kapoor remarked in a video. He expressed his discontent with this work pattern and urged people to prioritize time with family and loved ones.

Kapoor emphasized that while hard work is essential, one should not take it to the extreme, sacrificing personal life in the process.

With over 32,000 likes, the video has sparked significant attention, with many viewers agreeing with Kapoor’s perspective. Some even voiced strong opinions about how hustle culture is frequently glorified and should be challenged.

Social media shares thoughts:

“One Instagram user quipped, ‘Narayan Murthy must be getting panic attacks watching this,’ referring to his controversial suggestion that young professionals should work 70 hours a week. Echoing the sentiment, another added, ‘Narayana Murthy is probably crying in the corner.’

A third praised Kapoor, writing, ‘Finally, someone spoke to us like a regular person.’

‘More people need to discuss this,’ a fourth user commented, while a fifth expressed, ‘At last, someone addressed this—people have been glorifying hustle culture for too long.’Read More-https://voiceofleaders.com/

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Viral video_ Swiggy CEO criticizes hustle culture, advises against working until 3 AM, calling it 'nonsense

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In a world wrestling with complex workplace dynamics, Microsoft CEO Satya Nadella has shared his perspective on what defines a “true leader.” In a recent discussion with LinkedIn co-founder Reid Hoffman, Nadella highlighted the essential traits required to lead effectively in today’s shifting business environment.

“The world needs optimism and energy from leaders more than anything else today,” Nadella remarked.

“It’s easy to be negative, but for me, a true leader is someone who can enter a situation, bring clarity, inspire energy, and solve complex, over-constrained problems. The world will function better if you can accomplish those three goals.

Nadella’s insights come as companies grapple with significant challenges, especially in managing remote work and evolving employee expectations. He pointed to a “productivity paradox” facing many organizations:

Nadella pointed out, “Eighty-five percent of managers believe their employees aren’t working hard enough, while 85 percent of employees say they feel exhausted and overworked. These are real statistics.

To close the gap between management and employees, Satya Nadella advocates for a leadership style driven by data. “Dogma won’t address this issue,” he explained. “Leaders should focus on setting clear, aligned objectives and utilize data to evaluate both performance and results.”Read More-https://voiceofleaders.com/

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Microsoft CEO Satya Nadella states that, in his view, a true leader is someone who

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Pakistan has dismissed the possibility of bilateral talks with India during the upcoming Shanghai Cooperation Organisation (SCO) summit, which will be attended by External Affairs Minister S. Jaishankar. Jaishankar, who is set to lead a delegation to Islamabad next week, echoed this sentiment, stating that his visit is intended for a multilateral event.

This visit is especially significant because it is the first time an Indian External Affairs Minister has traveled to Pakistan in nine years, since the visit of Sushma Swaraj in 2015.

Foreign Office spokesperson Mumtaz Zahra Baloch, when questioned about Jaishankar’s visit, stated, “I would direct you to the comments made by the Minister for External Affairs on October 5, in which he claimed was not to address relations between Pakistan and India, but rather that his visit was for a multilateral gathering. These comments are quite clear.

Last week, Jaishankar explicitly stated that discussions on India-Pakistan issues would not be part of his agenda during his visit to Islamabad on October 15 and 16.

Speaking to a gathering, Jaishankar stated, “I am set to travel to Pakistan in the middle of this month for a meeting of the SCO Heads of Government… My purpose there is not to discuss India-Pakistan relations. I intend to fulfill my role as a responsible member of the SCO, but as a courteous and respectful individual, I will conduct myself appropriately.”

The relationship between India and Pakistan is currently at a low point after Islamabad downgraded diplomatic ties with New Delhi following the revocation of Article 370 in Jammu and Kashmir in 2019.

These ties had already been strained after India’s Air Force conducted a strike on a Jaish-e-Mohammed terrorist training camp in Balakot, Pakistan, in February 2019, in response to the Pulwama terror attack, which resulted in the deaths of over 40 soldiers.

Also Read-https://24x7newsroom.com/

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Pakistan says S. Jaishankar's comments are self-explanatory regarding bilateral talks with India

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Prime Minister Narendra Modi met with Maldives President Mohamed Muizzu at Hyderabad House in Delhi on Monday. Known for his pro-China stance, Muizzu is on a five-day visit to India aimed at repairing the island nation’s relations with New Delhi, following the diplomatic turmoil caused by his ministers’ controversial comments about PM Modi.

Muizzu’s trip comes at a time when the Maldives is facing a financial crisis, worsened by declining foreign currency reserves.

After arriving in India on Sunday, Mohamed Muizzu met with External Affairs Minister S. Jaishankar.

Jaishankar conveyed his delight in welcoming the President to India for the state visit. According to a news release from the Maldives President’s Office, President Dr. Muizzu thanked the Indian government for the cordial welcome he and his party received upon their arrival.

Today, he received a ceremonial welcome at the Rashtrapati Bhavan in New Delhi.

President Droupadi Murmu and Prime Minister Narendra Modi welcomed Maldivian President Mohamed Muizzu and First Lady Sajidha Mohamed upon their arrival at Rashtrapati Bhavan.

Prior to this, they paid their respects to Mahatma Gandhi at Rajghat in New Delhi. After honoring the Mahatma at the memorial, Muizzu signed the visitors’ book at Rajghat.

He is scheduled to engage in bilateral discussions with PM Modi at Hyderabad House in the national capital.

President Muizzu, along with the First Lady of Maldives, arrived in India on Sunday for his inaugural bilateral visit to the country.

Also Read-https://24x7newsroom.com/

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PM Narendra Modi holds a meeting with Maldives President Mohamed Muizzu

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Adar Poonawalla Acquires 50% Stake in Dharma Productions

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Adar Poonawalla Acquires 50% Stake in Dharma Productions

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In a significant deal that has attracted interest from both the Bollywood and business sectors, Adar Poonawalla has eclipsed major players like Reliance and Saregama to secure a substantial stake in Karan Johar’s Dharma Productions. An official announcement from the production house reveals that Poonawalla’s Serene Entertainment has acquired a 50 percent stake in Dharma for ₹1,000 crore, while Johar will keep the remaining 50 percent ownership.

Adar Poonawalla said, “I am excited to work with one of our country’s most iconic production houses alongside my friend Karan Johar,” expressing his excitement for the collaboration. Our goal is to advance and strengthen Dharma in order to achieve even more success down the road.

In his comments about the partnership, Dharma Productions executive chairman Karan Johar said, “Dharma Productions has always been associated with emotional storytelling that captures Indian culture. My work has been dedicated to fulfilling my father’s aim of producing pictures that would have a lasting influence.

“Today, as we collaborate with Adar, a dear friend, and an extraordinary visionary and innovator, we are poised to take Dharma’s legacy to new heights. This partnership represents an ideal fusion of our heartfelt storytelling abilities and progressive business strategies. It’s about respecting our heritage while looking toward the future of global entertainment. Dharma’s journey has been extraordinary, and this collaboration unlocks a world of possibilities for creating content that resonates across borders and generations,” Johar added. Read More-https://voiceofentrepreneur.life/adar-poonawalla-ceo-of-serum-institute-of-india-has-purchased-a-50-share-in-karan-johars-dharma-productions/

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Adar Poonawalla, CEO of Serum Institute of India, has purchased a 50% share in Karan Johar's Dharma Productions

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Starbucks Baristas and Customers Call for Change

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Starbucks Baristas and Customers Call for Change

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Starbucks’ new CEO, Brian Niccol, faces the challenge of reassuring investors that the company’s US coffee shops are still in demand. At the same time, he is also dealing with concerns raised by baristas and loyal customers who are pushing for various changes within the organization.

Baristas have expressed frustrations over persistent understaffing, low pay, and insufficient benefits, according to Reuters. They are also calling for the authority to ban aggressive customers from Starbucks locations. On the other hand, dedicated customers are asking for greater consistency in their drinks.

Recently, Starbucks reported a 6% drop in US same-store sales for the fourth quarter and withdrew its earnings outlook for the next fiscal year. Niccol acknowledged that baristas need more support to provide “exceptional service” as the company looks ahead.

To be successful, we must address staffing issues in our stores, remove bottlenecks, and streamline processes for our baristas,” the CEO said in a video statement. He indicated that further details about potential changes within the company would be shared during an earnings call on October 30, after the announcement of the financial results for the fourth quarter and the entire year. Read More-https://voiceofentrepreneur.life/starbucks-baristas-and-customers-urge-ceo-niccol-to-implement-changes-heres-what-theyre-saying/

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Starbucks Baristas and Customers Urge CEO Niccol to Implement Changes – Here’s What They’re Saying

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Parvez Mulla Appointed CEO of Fedbank Financial Services

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Parvez Mulla Appointed CEO of Fedbank Financial Services

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The Board of Directors at Fedbank Financial Services has approved the appointment of Parvez Mulla as the Managing Director and Chief Executive Officer for a three-year term, effective November 11. His appointment depends on the approval of the company’s shareholders.

Parvez Mulla has 28 years of expertise in retail banking, insurance, and financing. Throughout his career, he has served in a variety of leadership positions, such as General Manager at ICICI Bank, Chief Operating Officer at HDFC Life, Managing Director at True North, and Chief Executive of Retail at L&T Finance.

He has also served as a fintech advisor with Blume Ventures and has been on the boards of HDFC Pension and North East Small Finance Bank.

Shyam Srinivasan, Non-Executive Chairman of the company, commented, “Parvez Mulla’s extensive leadership background, deep domain knowledge in financial services, and proven ability to drive business growth in a dynamic landscape will enable him to lead the company into its next phase of expansion. We are confident that he will enhance our journey toward becoming a prominent force in the financial services sector, focused on creating value for all stakeholders while adhering to strong governance practices.”

Also Read- https://voiceofentrepreneur.life/fedbank-financial-services-has-appointed-parvez-mulla-as-its-managing-director-and-chief-executive-officer/

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Fedbank Financial Services has appointed Parvez Mulla as its Managing Director and Chief Executive Officer

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In a meeting with Chinese government officials in Beijing, Apple CEO Tim Cook revealed that the U.S. company plans to boost its investment in China, contributing to the growth of the supply chain, according to a report from state news agency Xinhua on Thursday. On Wednesday, the ministry confirmed that Cook met with Jin Zhuanglong, Minister for Industry and Information Technology.

Apple did not immediately respond to a request for comment via email.

This is Cook’s second visit to the world’s largest smartphone market this year, where the iPhone maker has recently seen a decline in market share to domestic competitors.

Xinhua quoted Cook as saying, “Apple is keen to leverage the opportunities created by China’s economic opening and will continue increasing investment in the country, thereby supporting the high-quality development of its industrial and supply chains.” Read More-https://voiceofentrepreneur.life/apple-ceo-tim-cook-announces-the-companys-plans-to-boost-investments-in-china/

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Apple CEO Tim Cook announces the company's plans to boost investments in China

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Amway has appointed Michael Nelson as its new President and Chief Executive Officer, effective immediately. He succeeds Milind Pant, who served as CEO since January 2019, as stated in the official announcement.

Nelson brings more than 30 years of experience with Amway, having held significant leadership positions in strategy, human resources, supply chain, and technology.

Nelson’s expertise in people management, business strategy, and global operations makes him an ideal fit for the CEO position.

Amway Board Co-Chair Steve Van Andel stated, “Amway is stepping into the future with energy and confidence.”

According to Van Andel, the business is well-positioned to capitalize on its strengths, build on its recent achievements, and meet the demands of the market “in a way that only we can.”

Michael is a welcome addition to the board, and Van Andel stated, “We are sure that he brings exactly what Amway needs to continue its leadership, growth, and success—both now and in the future.”

Praising Nelson’s appointment, Board Co-Chair Doug DeVos remarked that Amway is a unique business, stating, “No one understands that better than Michael.” Read More-https://voiceofentrepreneur.life/amway-names-michael-nelson-as-its-new-president-and-ceo/

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Amway names Michael Nelson as its new President and CEO

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Coforge CEO Sees No Point in Resisting GCC

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Coforge CEO Sees No Point in Resisting GCC

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Concerns have been raised about the increasing presence of Global Capability Centres (GCCs) in India, potentially taking revenue away from Indian IT services firms. However, Coforge CEO Sudhir Singh told ET that opposing the insourcing trend driven by clients is pointless. He emphasized that the company finds it more beneficial to collaborate with GCCs, as this allows them to tap into the broader IT budget of the organization.

Singh stated, “We don’t see GCCs as competitors. Instead, we support their initiatives. The GCC agenda is largely influenced by numerous Indian-origin or India-aware leaders within client organizations, and we don’t believe in going against the desires of enterprise clients.”

He elaborated, “Our strategy is centered on collaboration. We assist two types of GCCs—micro ones with fewer than 150 employees and mega ones with over 1,000 employees. We operate under various agreements, including build, own, and transfer (BOT), joint ventures, and virtual GCCs.” Read More-https://voiceofentrepreneur.life/the-coforge-ceo-believes-its-futile-to-resist-the-gcc-trend-driven-by-client-demands/

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Axis Bank's reappointment of Amitabh Chaudhry as Managing Director and CEO has received approval from the RBI

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FSIB Nominates Ashok Chandra as PNB's Next CEO

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FSIB Nominates Ashok Chandra as PNB's Next CEO

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The Financial Services Institutions Bureau (FSIB) recommended Ashok Chandra for the role of managing director (MD) and chief executive officer (CEO) of Punjab National Bank (PNB) on Monday.

Chandra currently serves as executive director (ED) at Canara Bank, a position he has held since November 21, 2022. The existing MD and CEO of PNB, Atul Kumar Goel, is set to conclude his term on December 31, 2024.

On August 1, 2024, the FSIB issued a notification inviting applications for the position, with the deadline for submitting online applications set for August 29.

Beginning his banking career as a probationary officer at the former Corporation Bank in September 1991, Chandra holds a master’s degree in economics and is a Certified Associate of the Indian Institute of Bankers.

He has led branches in various sectors, including rural, urban, and metropolitan areas, and has overseen multiple zones and regions of the bank nationwide.

Upon his promotion to general manager in 2018, he managed the recovery, legal, and stressed assets management vertical (SAMV) of the bank until he became the chief general manager at Union Bank of India in 2020.

As the head-hunter for directors of state-owned banks and financial institutions, FSIB forwards its recommendations to the Department of Financial Services (DFS) within the finance ministry, which then passes them to the Appointments Committee of the Cabinet (ACC) chaired by the Prime Minister. Read More-https://voiceofentrepreneur.life/fsib-has-proposed-ashok-chandra-as-the-upcoming-managing-director-and-ceo-of-pnb/

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FSIB has proposed Ashok Chandra as the upcoming managing director and CEO of PNB

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Chanel CEO Leena Nair's Vision: Senior Team's Microsoft Visit

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Chanel CEO Leena Nair's Vision: Senior Team's Microsoft Visit

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In May, during a visit to Microsoft’s Seattle headquarters, Chanel CEO Leena Nair and her leadership team met with tech companies to explore AI’s role in the luxury industry. Speaking at Stanford Graduate School of Business’s “View From The Top,” Nair described how her team is examining AI’s widespread influence and how it could align with Chanel’s values. “AI is everywhere,” she noted. “It’s going to be transformative for our world, so luxury must engage with it, and Chanel must engage with it.”

While interacting with ChatGPT at Microsoft, Nair experienced a lighthearted moment. She asked the AI for an image of Chanel’s senior team visiting Microsoft, only for it to generate an image of an “all-male team in suits”—a stark mismatch with Chanel’s diverse leadership. Nair, who was previously Unilever’s first female Chief HR Officer, pointed out the disparity, saying, “This is Chanel. My organization is 76% women, 96% of my clients are women, and I am a female CEO.” She humorously remarked, “Is this the best you’ve got, ChatGPT? Really?” Read More-https://voiceofentrepreneur.life/chanel-ceo-leena-nair-requested-chatgpt-to-generate-an-image-of-the-brands-senior-team-visiting-microsoft-heres-what-she-received/

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Chanel CEO Leena Nair requested ChatGPT to generate an image of the brand's senior team visiting Microsoft. Here's what she received

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Google's AI Revolution: 25% of Code Now Generated by Machines

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Google's AI Revolution: 25% of Code Now Generated by Machines

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Google is leaning more on artificial intelligence (AI) for software development, with over a quarter of its new code now AI-generated, as CEO Sundar Pichai revealed. While engineers still review and validate this AI-driven code, the shift underscores the company’s growing reliance on AI. During Google’s Q3 2024 earnings call, Pichai highlighted AI’s integral role in the company’s expansion strategy, a shift occurring as AI reshapes the industry.

For the quarter, Alphabet, Google’s parent company, reported $88.3 billion in revenue. Google Services, including Search, brought in $76.5 billion, up by 13% year-over-year, while Google Cloud, known for offering AI-driven infrastructure, reached $11.4 billion, showing an impressive 35% annual growth.

Operating income also surged, with Google Services achieving $30.9 billion, up from $23.9 billion the previous year. Google Cloud saw even greater growth, with operating income at $1.95 billion compared to $270 million the year prior. This growth highlights the substantial profits from Google’s AI-focused services and tools. Read More-https://voiceofentrepreneur.life/not-so-great-news-for-coders-google-ceo-sundar-pichai-reveals-that-over-25-of-the-companys-code-is-now-generated-by-ai/

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Not-so-great news for coders_ Google CEO Sundar Pichai reveals that over 25% of the company’s code is now generated by AI

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Partha Pratim Sengupta Appointed New MD and CEO of Bandhan Bank

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Partha Pratim Sengupta Appointed New MD and CEO of Bandhan Bank

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Partha Pratim Sengupta officially took charge as the new MD and CEO of Bandhan Bank effective Friday, as announced by the lender.

Following the retirement of founder Chandra Sekhar Ghosh, Ratan Kumar Kesh, who had been serving as the interim MD and CEO, will return to his role as executive director and chief operating officer with Sengupta’s arrival.

The Reserve Bank of India (RBI) has approved Sengupta’s appointment as MD and CEO of Bandhan Bank, requiring him to join by November 10 for a three-year term.

Sengupta began his career at the State Bank of India, where he advanced to the role of deputy managing director (DMD) of the largest lender in the country. He subsequently served as MD and CEO of Indian Overseas Bank from 2020 to 2022.

Anup Kumar Sinha, Chairman of Bandhan Bank, stated in a release that “Sengupta’s established track record in the industry will be crucial in guiding Bandhan Bank into its next growth phase.”

Sengupta expressed, “I am privileged to become part of the Bandhan Bank family. My priority will be to enhance customer-centric solutions, strengthen the business, promote innovation, and ensure that financial services are inclusive and sustainable. I look forward to collaborating with the Bandhan Bank team to foster growth and create value for all stakeholders.”

Also Read -https://voiceofentrepreneur.life/

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Partha Pratim Sengupta has officially taken charge as the new MD and CEO of Bandhan Bank

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Nadella Takes Salary Cut: Is China Involved?

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Nadella Takes Salary Cut: Is China Involved?

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Microsoft CEO Satya Nadella’s compensation rose by 63% in fiscal year 2024, reaching approximately Rs 665 crore. A recent filing with the US Securities and Exchange Commission (SEC) shows a substantial increase in Nadella’s stock awards, jumping from $39 million last year to $71 million. Notably, the filing reveals that Nadella sought a decrease in his cash compensation, citing cybersecurity concerns and suggesting a possible “China angle.”

Microsoft has encountered several cybersecurity incidents lately. In July 2023, a global outage impacted Windows users, and a US Department of Homeland Security report in April disclosed that Chinese actors had breached the email accounts of US officials, which Microsoft later confirmed in July. Additionally, in January, Russian intelligence reportedly accessed the email accounts of some of Microsoft’s top executives. Read More-https://voiceofentrepreneur.life/microsoft-ceo-satya-nadella-has-made-a-substantial-salary-cut-is-a-china-angle-at-play-heres-what-we-currently-know/

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Zomato CEO Clarifies 'Future Dated' Mushrooms Incident in Hyderabad

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Zomato CEO Clarifies 'Future Dated' Mushrooms Incident in Hyderabad

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Days after reports surfaced that a food safety raid at Zomato’s Hyperpure warehouse in Hyderabad allegedly uncovered 90 packets of button mushrooms marked with a “future packing date,” co-founder and CEO Deepinder Goyal clarified that this was due to a vendor error.

In a post on X, Goyal confirmed that the Food Safety and Standards Authority of India (FSSAI) team found 90 packets of button mushrooms with incorrect packaging dates. However, he stressed that these items had already been identified and rejected by Zomato’s warehouse team during their quality control inspections.

Goyal explained that the incorrect packing date was the result of a manual typing mistake by the vendor, who has since been removed from Zomato’s database.

He reiterated Zomato’s dedication to food safety, stating, “We are committed to maintaining industry food safety standards and prioritize product quality at every stage of the supply chain. The recent food safety inspection at our Hyderabad warehouse led to the Hyperpure warehouse receiving an A+ rating, the highest benchmark in their evaluation.”

Earlier in October, the Commissioner of Food Safety in Telangana posted on X that its task force conducted inspections at Zomato’s Hyperpure Private Limited in Kukatpally, Hyderabad, on October 29.

Authorities found 18 kilograms of button mushrooms marked with a packing date of October 30, 2024, which constitutes a breach of food safety regulations. Additionally, the post noted the presence of houseflies throughout the premises due to a lack of insect-proof screens, and some food handlers were observed without proper hygiene equipment, such as hair nets and aprons. Read More-https://voiceofentrepreneur.life/zomato-ceo-issues-clarification-following-discovery-of-future-dated-mushrooms-at-hyderabad-warehouse/

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Atul Jain Appointed MD & CEO of Aptech Ltd

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Atul Jain Appointed MD & CEO of Aptech Ltd

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Aptech Ltd, a leading name in vocational training, has announced the appointment of Atul Jain as its new Managing Director and Chief Executive Officer. This decision underscores Aptech’s dedication to growth and its ability to adapt to changes within the industry.

With over three decades of experience in sales, marketing, operations, and business strategy, Atul Jain has occupied important positions at Orient Electric Ltd and Samsung Electronics in both India and Korea, where he successfully directed various projects and initiatives. He holds a mechanical engineering degree from IIT Delhi and an MBA from IIM Calcutta. Jain has also been actively involved in industry associations such as the Indian Fan Manufacturers Association (IFMA).

Expressing his enthusiasm, Jain stated, “I am honored to take the helm at Aptech Ltd during this pivotal time. This role presents a wonderful opportunity and responsibility. I am eager to collaborate with the team and elevate Aptech to new heights, continuously innovating and adding value for everyone associated with the company.”

Jain’s appointment coincides with Aptech’s ambition to establish new objectives and enhance its training programs while remaining aligned with its core mission and values.

About Aptech Limited

Established in 1986, Aptech Ltd has been at the forefront of vocational training and currently operates over 840 centers across the globe. The company provides courses in various fields, including IT, media, beauty, aviation, and more, catering to both individuals and businesses. Aptech’s commitment to excellence has earned it accolades such as the Great Place to Work certification and the Golden Peacock National Training Award.

Read More-https://voiceofentrepreneur.life/

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Schneider Electric Appoints New CEO to Drive Strategy

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Schneider Electric Appoints New CEO to Drive Strategy

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Schneider Electric SE has announced a change in leadership, with Olivier Blum stepping in as the new chief executive officer, replacing Peter Herweck, who held the role for the past 18 months. The Board of Directors stated that this decision was driven by “differences in the execution of the company’s roadmap during a period of significant opportunities.

The French multinational, valued at approximately €140 billion, specializes in electrical equipment and energy efficiency technologies. Olivier Blum, previously head of the energy management division and a member of the Executive Committee since 2014, brings over 30 years of experience within Schneider Electric, including roles as Chief Human Resources Officer and Country President of Greater India.

Board Chairman Jean-Pascal Tricoire voiced his trust in Blum’s leadership, saying, “I am fully confident in his capability to guide Schneider Electric into this next phase of strategic growth.” Read More-https://voiceofentrepreneur.life/schneider-electric-names-new-ceo-to-lead-strategic-direction/

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Judge Clears Mark Zuckerberg in Lawsuit Over Social Media's Impact on Kids

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Judge Clears Mark Zuckerberg in Lawsuit Over Social Media's Impact on Kids

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A federal judge has ruled that Meta Platforms CEO Mark Zuckerberg cannot be held personally liable in ongoing lawsuits against the company, which allege it has endangered children by fostering social media addiction. On Thursday, Judge Yvonne Gonzalez Rogers dismissed claims that Zuckerberg played a key role in concealing the mental health risks associated with Facebook and Instagram for young users. The plaintiffs, representing children across various states, argued that Zuckerberg ignored internal warnings and downplayed social media’s potential dangers.

Judge Rogers concluded that the plaintiffs did not provide concrete evidence linking Zuckerberg directly to the alleged misconduct. She emphasized that controlling a company’s actions does not automatically equate to personal liability. However, this ruling does not affect the broader lawsuits still proceeding against Meta. Read More-https://voiceofentrepreneur.life/judge-exonerates-meta-ceo-mark-zuckerberg-in-lawsuit-regarding-social-medias-impact-on-children/

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Zoho CEO's Strategy for India’s Next Tech Titans

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Zoho CEO's Strategy for India’s Next Tech Titans

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Zoho CEO Sridhar Vembu recently made a powerful call to action for India’s tech industry, urging a shift in focus from short-term valuations to sustainable growth. In a series of tweets, Vembu laid out his vision for Indian companies aiming to achieve “$100 billion in revenue,” not just valuation, to drive the nation’s economic progress. He emphasized that the key to lifting millions out of poverty and making a meaningful economic impact lies in generating consistent revenue, rather than obsessing over valuations.

Vembu cautioned against the dangers of over-prioritizing immediate stock valuations or relying on loose funding, both of which can distract businesses from building long-term value. He explained that valuation should naturally follow from doing things right, learning from mistakes, and maintaining financial discipline. When valuation becomes the primary focus, it loses its true significance, a concept illustrated by Goodhart’s Law, which highlights that when a measure becomes a target, it ceases to be a good measure.

“Can we develop IT firms from India that generate $100 billion in revenue, not valuation? If we are to improve the lot of our people, India needs a lot of them. China has produced many world champions in the past 20 years. The constant emphasis on valuation will not lead us there. “Visionary dreamers and long-term builders who strike a balance between their long-term goals and short-term financial restraint are what will get us there,” Vembu said. Read More-https://voiceofentrepreneur.life/zoho-ceos-strategy-for-building-100-billion-indian-tech-companies-a-long-term-vision/

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Pilgrimage tourism growth in Indian Tier II and III markets

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Pilgrimage tourism growth in Indian Tier II and III markets

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While some industries report muted urban demand, travel and tourism are still thriving, buoyed by post-pandemic growth. Amid the festive season, ixigo has reached record numbers in flight and bus bookings, according to Aloke Bajpai, the company’s chairman and group CEO.

“Both flights and bus bookings saw over 50% year-on-year growth for Diwali. On certain routes, we’ve noticed a 70-80% increase, especially for international destinations like Thailand, Georgia, Bali, Vietnam, and Singapore,” Bajpai shared with DH.

The platform’s fastest-growing segments from July to September have also been these areas.

Bus bookings surged by over 60% on popular routes, with new travel hotspots such as Pune, Indore, Coimbatore, Jaipur, Guntur, Rajahmundry, and Bhubaneswar attracting more travelers.

In the weeks leading up to Dussehra and Diwali, religious destinations like Tirupati and Shirdi saw a notable rise in visitors.

“Religious tourism is undoubtedly a major driving force for travelers from tier-II and tier-III cities served by ixigo.Airports like those in Ayodhya or Varanasi still have untapped potential,” Bajpai added. Read More-https://voiceofentrepreneur.life/religious-tourism-fuels-demand-in-tier-ii-and-iii-markets-ixigo-ceo/

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Zomato CEO Deepinder Goyal Offers Job After Bengaluru Resident’s Feedback

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Zomato CEO Deepinder Goyal Offers Job After Bengaluru Resident’s Feedback

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Zomato has rolled out an innovative new feature called “Food Rescue,” designed to allow users to purchase canceled food orders at discounted prices. The goal of the initiative is to minimize food waste by offering perfectly good, unclaimed meals to nearby customers at lower rates. To ensure the quality and safety of the meals, they are carefully packed and remain untampered with.

In terms of payments, Zomato revealed that it will retain only the applicable taxes from these transactions, while the restaurant partners will receive both the original payment and an additional amount from the reselling of these orders.

Zomato CEO Deepinder Goyal shared the news on X (formerly Twitter), revealing that Zomato handles over 400,000 canceled orders, despite its no-refund policy. These meals will now be included in the Food Rescue program, giving local customers the chance to purchase them at discounted prices, with guaranteed prompt delivery in their original, secure packaging.

Goyal explained, “We don’t encourage cancellations at Zomato as it leads to a large amount of food waste. Even though we have strict policies, over 400,000 orders are still canceled for various reasons by customers. Our top priority, along with the restaurant industry and the customers who cancel, is to figure out how we can save this food from being wasted.”

He continued, “Today, we’re launching Food Rescue! Canceled orders will now pop up for nearby customers who can grab them at unbeatable prices, in their original packaging, and have them delivered within minutes.” Read More-https://voiceofentrepreneur.life/zomato-ceo-deepinder-goyal-responds-to-feedback-from-bengaluru-resident-offers-job-opportunity/

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Vodafone Idea CEO: Subscriber Losses to BSNL Reversing

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Vodafone Idea CEO: Subscriber Losses to BSNL Reversing

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Vodafone Idea (VIL) CEO Akshaya Moondra discussed the impact of recent tariff increases on subscriber numbers, specifically noting the influence of state-run BSNL in attracting customers. Despite an initial dip in users, Moondra highlighted a stabilization in the trend, with gradual improvements in subscriber figures.

During VIL’s Q2 earnings call for the quarter ending September 30, 2024, Moondra acknowledged a temporary loss of subscribers following the tariff hike in July. Many migrated to BSNL, which mainly offers 3G services and limited 4G in select regions, owing to its affordability.

However, the situation appears to be improving. We experienced an impact from BSNL earlier in the quarter, but we’ve seen a noticeable turnaround from August through November,” Moondra stated. He expressed optimism that Vodafone Idea is nearing its pre-tariff-hike subscriber levels, although a full recovery may take longer.

For More Update Please visit This Site-https://voiceofentrepreneur.life/vodafone-idea-ceo-akshaya-moondra-notes-subscriber-losses-to-bsnl-after-tariff-hike-are-now-reversing/

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Meet India’s First Female Entrepreneur Behind a ₹917 Crore Empire

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Meet India’s First Female Entrepreneur Behind a ₹917 Crore Empire

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Kalpana Saroj’s journey is a true testament to resilience and determination, evolving from a young girl facing immense hardships to becoming one of India’s most impactful business leaders. Rising from humble beginnings, she turned around a failing enterprise, showcasing the power of grit and vision. Reports highlight her as India’s first female entrepreneur.

Hailed as a pioneer among Indian women entrepreneurs, Saroj shattered societal norms and economic barriers to achieve unparalleled success. From enduring poverty and prejudice to reviving the struggling Kamani Tubes company, her inspiring journey continues to motivate countless aspiring leaders.

Born in 1961 in Roperkheda, Akola, Maharashtra, into a Marathi Buddhist family, Saroj was the eldest of five siblings. Her early life was marked by hardship, including a child marriage at 12 that led to abuse. Rescued by her father, she faced ostracism upon her return to the village, leading to a suicide attempt. Determined to change her fate, she moved to Mumbai at 16, taking up factory work to support her family and secure a brighter future. Read More - https://voiceofentrepreneur.life/meet-the-first-indian-female-entrepreneur-behind-a-rs-917-crore-business-its-not-nita-or-isha-ambani/

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Voice Of Entrepreneur | India’s First Female Entrepreneur Success

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Meet the first Indian female entrepreneur behind a Rs 917 crore business—discover her inspiring journey and how she built her empire.

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Meet the Man Earning More Than Elon Musk – But Not in the Top 10 Richest

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Meet the Man Earning More Than Elon Musk – But Not in the Top 10 Richest

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Elon Musk, the CEO of Tesla, has solidified his position as the world’s wealthiest individual. A significant 29% surge in Tesla’s stock has raised Musk’s net worth to $314 billion. His wealth has increased by $84.7 billion this year, putting him far ahead of Amazon’s Jeff Bezos, who holds a net worth of $230 billion.

However, Musk isn’t the top earner of 2024. That distinction goes to Jensen Huang, the CEO of NVIDIA. Huang’s net worth has risen by $84.8 billion this year, slightly edging out Musk’s gains. Despite this, Huang’s total wealth stands at $129 billion, ranking him 11th on the global rich list.

NVIDIA’s outstanding performance in 2024 has played a key role in Huang’s wealth growth. The company’s market capitalization recently surpassed Apple’s, reaching $3.621 trillion, making it the most valuable company globally. Huang, who owns a 3% stake in NVIDIA, has greatly benefited from this surge. Read More-https://voiceofentrepreneur.life/meet-the-man-who-earns-more-than-elon-musk-but-isnt-listed-among-the-worlds-top-10-richest-individuals-heres-why/#

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xAI's Value Surpasses Musk's Twitter Purchase

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xAI's Value Surpasses Musk's Twitter Purchase

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Elon Musk’s AI startup, xAI, is reportedly valued at $50 billion, which is $6 billion more than the $44 billion he paid for Twitter, now known as X.

As per a Wednesday report from The Wall Street Journal, xAI announced that it raised $5 billion in a funding round, boosting its valuation to twice what it was earlier this year.

This new valuation of $50 billion now exceeds the $44 billion Musk spent on acquiring Twitter in October 2022. In comparison, X was valued at just $9.4 billion in September, according to Fidelity, which has significantly written down its investment by 79% since the acquisition.

The Journal also noted that xAI had previously been in talks to raise funds at a valuation of $40 billion.

Since Musk’s takeover of Twitter in 2022, the platform has faced challenges, including a drop in advertising revenue due to major brands pulling ads, and difficulty in attracting advertisers back to the platform. Read More -https://voiceofentrepreneur.life/elon-musks-startup-xai-is-now-reportedly-valued-higher-than-the-amount-he-paid-for-twitter/

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Trump's Strategy Outpaces Harris' Vision: Business vs. Consumers

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Trump's Strategy Outpaces Harris' Vision: Business vs. Consumers

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President Donald Trump’s re-election to a second term was a decisive victory for business and investment — two vital engines of economic growth. His campaign promises consistently reflected a strong pro-business ideology, emphasizing support for entrepreneurship and corporate expansion. This approach stood in stark contrast to Vice President Kamala Harris’s consumer-oriented strategy, which appeared to neglect the essential equilibrium between fostering investment and stimulating consumption.

Donald Trump’s business-first agenda

A key highlight of President Trump’s first term was the 2017 Tax Cuts and Jobs Act (TCJA), which prioritized empowering small businesses, entrepreneurs, and investors by allowing them to reinvest more capital into their ventures. The TCJA introduced several pro-growth measures, such as the 20% qualified business income (QBI) deduction, the option to fully expense equipment purchases, and a reduction in the corporate tax rate from 35% to 21%. During his campaign, Trump proposed further lowering the corporate tax rate to 15%, reinforcing his commitment to accelerating corporate investment. Read More-https://voiceofentrepreneur.life/business-vs-consumers-why-trumps-strategy-outpaces-harris-vision/

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On Wednesday, SoftBank CEO Masayoshi Son met with startup founders to discuss topics like Artificial Intelligence (AI), Gen AI potential, investments, and collaborations. Founders from over 10-12 startups, including Paytm’s Vijay Shekhar Sharma, Flipkart CEO Kalyan Krishnamurthy, Lenskart co-founder Peyush Bansal, Ola’s Bhavish Aggarwal, and InMobi founder Naveen Tewari, attended the meeting. According to sources familiar with the meeting, the main focus was on AI and its future.

Son later held one-on-one discussions with a few founders, including Tewari and Aggarwal. Tewari shared insights into InMobi’s work and its AI-based software company, Glance, in the GenAI space. SoftBank first invested in InMobi in 2011, which became India’s first unicorn startup after SoftBank’s $200 million investment.

Sources noted that Son expressed interest in Glance and suggested that SoftBank may invest in it in the future, as it is already backed by investors like Google and Jio Platforms. Read More - https://voiceofentrepreneur.life/softbank-ceo-meets-with-founders-of-startups/