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HinduBusinessLine
1w
261
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Omega Seiki to foray into electric bus segment
- Omega Seiki is entering the electric bus segment targeting business-to-government market given the growing demand for sustainable urban transportation.
- The e-bus model by Omega Seiki features a high-efficiency 800W motor, 190 kW peak power, and a 195-kWh NMC battery providing a 200 km range on a single charge with fast-charging capability.
- The company plans to have a production capacity of 800 units per year and will establish a facility for electric buses and trucks in the UAE by 2025 to meet the demands in Africa and West Asia.
- Omega Seiki aims to decarbonize public and premium transportation sectors with electric mobility solutions and is focusing on localization along with existing portfolio expansion in the electric vehicle market.
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HinduBusinessLine
1w
542
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Muthoot FinCorp announces SPARK awards for small business owners
- Muthoot FinCorp announces SPARK awards to recognize the resilience, innovation, and contributions of small businesses, aiming to highlight them as the real drivers of the country’s economy.
- Participants from various industries can be nominated for seven award categories including Lifetime Achievement, Women Entrepreneur, Emerging Leader, Innovators, Tech Trailblazer, Social Impact Leader, and Fastest Growing Business.
- Nominations are open and free on the official website. Winners will receive national recognition, business mentorship, and a fully-sponsored trip to attend an award ceremony with Bollywood icon Shah Rukh Khan.
- The selection of winners will be done by an independent jury of industry leaders to ensure a credible and transparent evaluation process, according to a press release from Muthoot FinCorp. CEO Shaji Varghese highlighted the initiative's aim to empower small business owners with recognition and support.
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Bloomberg Quint
1w
267
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Debt Reduced, Business Robust: Vedanta Resources CEO Dismisses Viceroy Research's Charge
- Vedanta Resources CEO, Deshnee Naidoo, dismissed the Viceroy Research report, stating it contains information already disclosed.
- Vedanta has actively reduced its debt over the past three years and refuted the claims made in the report, denouncing it as selective misinformation.
- Naidoo highlighted Vedanta's strategic focus on demerger, diversification, and deleveraging for long-term value creation, with plans for significant capital expenditure.
- Vedanta has been declared the preferred bidder for five composite mineral blocks, maintains a stable workforce, and has minimal revenue exposure to the US.
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Medium
1w
165
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Ai CEOs: Can Machines Run Companies Better Than Humans?
- NetDragon Websoft appointed an AI named Tang Yu as its "rotating CEO" in March 2024, raising questions about AI's capability to lead a company effectively.
- AI CEOs are decision-making engines that work based on data integration, algorithmic logic, and predictive modeling, operating independently within defined boundaries.
- Benefits of AI CEOs include unbiased decision-making, agility in processing data for real-time insights, cost reduction, and creating an audit trail for accountability and optimization.
- While AI outperforms humans in areas like logistics and pricing strategy, critics argue that AI lacks empathy, ethics, and the ability to handle legal and ethical responsibilities.
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Entrepreneurshiplife
1w
107
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Leveraging Data Governance for Business Success: A Strategic Approach for Business Leaders
- Effective data governance is crucial for businesses to stay competitive, secure, and compliant.
- Data governance ensures data accuracy, security, accessibility, and compliance within organizations.
- It fosters trust, enhances decision-making, ensures regulatory compliance, and improves operational efficiency.
- Key components include data quality management, security, privacy, compliance, and stewardship roles.
- Data governance is not just a necessity but a strategic advantage for businesses.
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HinduBusinessLine
1w
1.9k
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EY launches AI Academy for talent upskilling in GenAI
- EY launches AI Academy to support enterprises in upskilling their talent amidst the discussion on AI unlocking productivity and economic gains.
- A study by EY projected that AI adoption could transform millions of jobs by 2030 and drive productivity boosts in the Indian economy.
- The AI Academy provides structured learning paths from foundational AI concepts to advanced GenAI applications, with real-world use cases tailored to specific industries.
- EY India's initiative aims to upskill employees internally and collaborate with enterprises in various sectors to build AI capabilities for driving business outcomes.
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Cryptopotato
1w
132
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Blossom Fund Launches BLOS Token, Offering Retail Investors Access to A Professionally Managed Stock Portfolio
- Blossom Fund has launched its BLOS token presale to provide retail investors with blockchain-based access to a professionally managed stock portfolio, aiming to democratize professional asset management.
- The initiative aims to lower the barriers to professional fund management by offering retail investors a pathway to benefit from high-level financial management without requiring a high initial investment.
- Blossom Fund's buyback and burn model aims for sustainable growth by utilizing profits from stock investments to buy back and burn BLOS tokens, decreasing the circulating supply and potentially increasing the token's long-term value.
- Transparency and governance are emphasized by Blossom Fund through monthly performance reports, public visibility of fund wallets and token burn address, and regular updates on fund performance and overall project status via the website and social media channels.
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Moneyweb
1w
252
Wealth Tax: A recipe for revenue that doesn’t really work?
- South Africa debates implementing a wealth tax to boost revenue, targeting individuals with over $1 million.
- Definition of wealthy in SA based on liquid wealth over $1 million. Only 0.1% are millionaires.
- Challenges of wealth tax include social contract, admin burden, and migration of wealthy individuals.
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TechBullion
1w
398
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The Ultimate Guide to Choosing the Perfect Scrub Top for Women
- Scrub tops for women in healthcare ensure comfort, function, and style during shifts.
- They come in various styles, sizes, and fabrics to suit diverse body types.
- Choosing the right scrub top enhances comfort, boosts productivity, and maintains a professional appearance.
- Selecting based on body type and fabric ensures durability, functionality, and personal style.
- Proper care, including washing and storing, helps maintain scrub tops for extended use.
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23 Likes
HinduBusinessLine
1w
214
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EU code of practice to help firms comply with AI rules will focus on copyright, safety
- The EU code of practice for AI compliance will focus on areas such as copyright and safety, with voluntary sign-up for companies.
- The code, drafted by independent experts, aims to provide legal certainty for signatories.
- The AI rules, effective in stages, will cover tech giants like Alphabet, Meta, and others, with strict obligations on transparency for high-risk systems.
- Implementation of the code is awaiting approval from EU countries and the Commission, expected by the end of the year.
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Guardian
1w
68
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ITV and Disney to share shows such as The Bear and Love Island in UK
- ITV and Disney have reached a deal to share programs like The Bear and Love Island on each other's platforms in the UK.
- ITV will air first seasons of popular Disney shows on its ITVX service for free, including Andor, Only Murders in the Building, and reality shows like The Kardashians.
- In return, Disney will offer ITV programs such as Mr Bates vs The Post Office and A Spy Among Friends at no extra cost to Disney+ subscribers, along with Love Island: All Stars and series like Endeavour and Vera.
- The alliance aims to sell advertising inventory around the shared shows, benefiting both companies, and signifies a changing relationship between British broadcasters and US streamers.
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Baystreet
1w
154
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Futures Take Small Steps Upward Ahead of Open
- Futures linked to Canada's main stock index edged higher on Thursday as investors await progress on trade talks amidst U.S. tariff threats.
- Canada Goose's private equity backer, Bain Capital, is reportedly considering a sale of its stake in the luxury brand.
- Canada is seeking to finalize a free trade deal with Southeast Asian nations to expand into new markets amid U.S. tariff pressures.
- Stock futures in the U.S. were little changed, with investor focus shifting to the upcoming second-quarter earnings season and positive results from companies like Delta Air Lines.
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Baystreet
1w
64
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Futures Constant Following New NASDAQ Record
- Stock futures showed little change following a new NASDAQ record, with traders attempting to move past tariff uncertainties.
- Dow Jones futures dropped 0.1%, S&P 500 futures declined 0.1%, and NASDAQ futures inched up slightly.
- Investors are now focusing on the upcoming second-quarter earnings season, with Delta Air Lines reporting positive results, leading to an 11% premarket jump in its shares.
- Global markets showed mixed results, with Japan's Nikkei 225 index sliding 0.4% and Hong Kong's Hang Seng gaining 0.6%. Oil prices dipped to $67.93 U.S. a barrel, while gold prices rose to $1,339.20 U.S. an ounce.
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HinduBusinessLine
1w
325
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India needs battery technology beyond lithium, says industry experts
- The electric vehicle market in India is growing, emphasizing the need for sustainable battery technology.
- Li-ion batteries are currently dominant in EVs but face challenges due to limited raw materials.
- Industry experts discussed the importance of exploring alternative battery technologies like VRFB, sodium-ion, and thermo-mechanical systems.
- India Energy Storage Week highlighted the demand for diversifying energy storage solutions to meet evolving energy needs and promote clean mobility.
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19 Likes
TechBullion
1w
220
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Hire Blockchain App Developer: A Comprehensive Guide for Businesses
- The use of Blockchain technology in various fields is increasing, leading to a demand for skilled blockchain app developers.
- Businesses need to hire dedicated blockchain app developers to leverage the benefits of blockchain technology, such as security and decentralization.
- Key skills to look for when hiring a blockchain developer include expertise in blockchain technology, security, and scalability.
- Partnering with a reliable Blockchain development company like MXI Coders can provide businesses with the necessary expertise to build secure and innovative blockchain applications.
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