In a strategic move to enhance its capabilities in AI and digital transformation, Xebia has appointed Preetpal Singh as the Group Managing Director of Product & Platform Engineering. Based in Atlanta, Georgia, Singh will lead the company’s global service strategy, focusing on integrating artificial intelligence across its diverse portfolio.
A Visionary Leader with Proven Expertise
Preetpal Singh…
In a significant move to boost India’s automotive technology landscape, SiliconAuto, a joint venture between Foxconn and Stellantis NV, has inaugurated a research and development center in Bengaluru. This facility will specialize in semiconductor design and system-on-chip development specifically for electric vehicles (EVs) and autonomous driving technologies.
A New Era in Automotive…
Xiaomi has formally requested that India’s antitrust authority, the Competition Commission of India (CCI), withdraw its recent report on Flipkart, claiming it contains sensitive company data, including model-wise sales figures.
In a letter, Xiaomi urged the CCI to mandate the return and destruction of the report by parties who accessed it, suggesting that a new version be issued with redacted…
A recent profile in the Financial Times highlights SoftBank CEO Masayoshi Son’s journey from a low point to a potential comeback. Once feeling disheartened by the losses from the Vision Fund’s investments, such as WeWork, Son candidly reflected on his past, admitting, “I have done nothing I can be proud of.”
Following a series of high-profile failures and a significant drop in SoftBank’s…
French health insurance startup Alan has reached a valuation of $4.5 billion following a new funding round led by Belfius, one of Belgium’s largest banks. This Series F round raised €173 million (approximately $193 million), with participation from existing investors including Ontario Teachers’ Pension Plan, Temasek, Coatue, and Lakestar.
Founded to provide health insurance that complements…
Automattic CEO and WordPress co-creator Matt Mullenweg recently launched a fierce critique of WP Engine, labeling the managed WordPress hosting provider a “cancer to WordPress.” Mullenweg accused WP Engine of profiting from the open-source platform while failing to contribute meaningfully to its growth and development.
Speaking at WordCamp US 2024 in Portland, Oregon, Mullenweg highlighted the…
Global private equity firm Carlyle is set to invest $400 million in India’s auto component market, focusing on the growing domestic demand and potential for export. The firm aims to establish a platform to acquire and merge mid-sized manufacturers specializing in precision machining and components for electric vehicles (EVs).
According to reports, Carlyle plans to acquire at least two…
In a recent ruling, the District Consumer Disputes Redressal Commission in Dakshina Kannada, Karnataka, has ordered popular sportswear retailer Decathlon to compensate a customer ₹35,000 for failing to deliver a pair of trousers worth ₹1,399. This decision highlights the importance of customer service and accountability in the retail sector.
The Case of Mohith: A Customer’s Ordeal
The case…
Netflix’s operations in India are facing intense scrutiny as the government investigates allegations of visa violations, racial discrimination, and tax evasion. This probe follows a lawsuit filed by Nandini Mehta, a former Netflix executive, who claims wrongful termination and discrimination—charges Netflix firmly denies.
Allegations Emerge
The investigation was disclosed in a July 20 email…
The Wellness Co., a premier luxury wellness brand, has secured a significant investment of INR 60 crore from EaseMyTrip, a leading online travel aggregator. This strategic partnership aims to amplify The Wellness Co.’s reach in health and wellness tourism, capitalizing on the growing global interest in holistic well-being.
Expanding the Wellness Landscape
The investment will enable The Wellness…
