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RIL Entity Acquires a 21% Share in US-based Wavetech Helium for $12 million

RIL Entity Acquires a 21% Share in US-based Wavetech Helium for $12 million

Mukesh Ambani-backed Reliance Industries (RIL) said on Thursday that its subsidiary will acquire a 21% share in Wavetech Helium, Inc (WHI), marking the oil-to-telecom conglomerate's entry into the helium industry....

Vipul Maheshwari is Promoted to Head Product and Data Analytics at Honasa Consumer

Vipul Maheshwari is Promoted to Head Product and Data Analytics at Honasa Consumer

Vipul Maheshwari was promoted to senior vice president of product and data analytics by Honasa Consumer, the parent company of the beauty and personal care brand Mamaearth, on Thursday. Maheshwari, a graduate of IIT Delhi, has worked for Honasa...

SoftBank Intends to Acquire $1.5 Bn Worth of OpenAI Shares from Employees

SoftBank Intends to Acquire $1.5 Bn Worth of OpenAI Shares from Employees

SoftBank Group Corp. plans to boost its interest in OpenAI by acquiring up to $1.5 billion in shares from the startup's employees, according to people familiar with the situation. The Japanese corporation will make a tender offer for the...

Nykaa Acquires a Major Stake in Personal Care Business Earth Rhythm

Nykaa Acquires a Major Stake in Personal Care Business Earth Rhythm

FSN E-Commerce Ventures Limited, the parent company of beauty and fashion store Nykaa, has acquired its majority stake in Earth Rhythm, a clean beauty and personal care brand. The business that purchased 18.51% of Earth Rhythm Pvt Ltd in 2022...

Tech Consulting in the Age of Decentralized Workforces

Tech Consulting in the Age of Decentralized Workforces

The global workplace has undergone a profound transition, with decentralized workforces emerging as a distinguishing feature of contemporary commercial operations. This major shift has presented unprecedented difficulties and opportunities for...

India has the Highest 5G Users with 180 Million and Adoption of GenAI Worldwide

India has the Highest 5G Users with 180 Million and Adoption of GenAI Worldwide

The most recent Ericsson ConsumerLab Report for 2024, "Elevating 5G with Differentiated Connectivity," emphasizes important changes in consumer expectations and technological breakthroughs as India experiences fast digital...

Samsung Appoints Woman CEO Outside of its Founding Family for the First Time in 86 Years

Samsung Appoints Woman CEO Outside of its Founding Family for the First Time in 86 Years

This has been a milestone year for the Samsung Group. Samsung Electronics Co. issued a rare public apology before embarking on a massive share purchase. For the first time in its 86-year history, South Korea's largest conglomerate has...

Google Parent Company Alphabet Receives CCI Approval to Acquire Stake in Flipkart

Google Parent Company Alphabet Receives CCI Approval to Acquire Stake in Flipkart

The Competition Commission of India (CCI) has approved Google parent Alphabet's unit, Shoreline International Holdings LLC, to acquire a stake in Walmart group firm Flipkart. The proposed transaction includes Shoreline International Holdings...

Telecom Tower Ferberization Generate 100,000 New Job Opportunities

Telecom Tower Ferberization Generate 100,000 New Job Opportunities

There will be about 100,000 new job openings as a result of the expanding trend of fiberizing telecom towers. Due to the fast expansion of fiber optic networks to support the development of 4G, 5G, and broadband projects across the country, India...

Indian Telecom Tower Companies to Spend Rs 21,000 Cr to Expand Networks in Rural Areas

Indian Telecom Tower Companies to Spend Rs 21,000 Cr to Expand Networks in Rural Areas

Independent telecom tower companies in India are expected to spend Rs 21,000 crore between fiscal years 2025 and 2026 to help telecom companies develop rural networks and improve service quality in metropolitan regions, according to a...

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