 "LIC allocates Rs 600 crore for a bold digital transformation, aiming for a paperless future amid fierce market competition.")
Life Insurance Corporation of India (LIC) is investing Rs 600 crore in its digital transformation to become fully paperless within two years. At a recent event in Mumbai, Chief Risk Officer Sunder Krishnan shared details about the investment, which includes hiring a system integrator and consultants for various aspects of the transformation. LIC has partnered ...
Telangana Chief Minister A. Revanth Reddy unveiled a statue of former Prime Minister Rajiv Gandhi at the state Secretariat in Hyderabad, paying tribute to his sacrifices for the nation. He criticized the Bharat Rashtra Samithi (BRS) for opposing the statue and challenged their leaders to try and remove it. Reddy emphasized Gandhi’s significant contributions, such ...
 "Tata’s Chairman N Chandrasekaran reveals a bold transformation towards green energy and AI, amidst job cuts and industry challenges.")
N Chandrasekaran, the Chairman of Tata Group, revealed in a recent Financial Times interview that the company is undergoing significant changes to embrace new-age sectors like semiconductors, electronics, and renewable energy. He emphasized that these transitions, although challenging, are essential for preparing the group for the future. Tata Group is enhancing its online offerings and ...
West Bengal Chief Minister Mamata Banerjee has disbanded the Rugi Kalyan Samitis, the patient welfare associations in state-run hospitals, following protests by junior doctors. These Samitis, which were originally established for approving healthcare decisions, featured representatives from various governmental bodies. During a surprise visit to the protesting doctors, Mamata, who also oversees health, urged them ...
The Odisha government, under Chief Minister Mohan Majhi, has ended the widespread rehiring of retired employees that was common in the previous Biju Janata Dal administration. A new guideline limits rehiring to just 1% of the approved staff for senior positions and requires departments to justify the need for each rehiring. This change comes after ...
A report by an expert group from NITI Aayog suggests creating a Public Health Emergency Management Act (PHEMA) to improve responses to disease outbreaks and pandemics. Titled ‘Future Pandemic Preparedness and Emergency Response’, the report emphasizes the importance of the first 100 days of an outbreak for effective management. It proposes a special fund for ...
India plans to deploy 5,000 cyber commandos within five years, as announced by Union Home Minister Amit Shah. These specially trained officers will quickly respond to cyber threats and implement preventive measures to enhance national cybersecurity. Shah emphasized that safeguarding the digital landscape is crucial for the country’s growth. During the launch of the Indian ...
In a recent event in Washington D.C., Rahul Gandhi, the Leader of the Opposition in India, highlighted the importance of the Indian diaspora in the U.S. as a bridge between India and America. He emphasized that Indians living in the U.S. hold dual identities and can share valuable ideas between the two nations. Gandhi reiterated ...
 "Daewoo’s bold entry into India’s home appliance market signals ambition, aiming to dominate with smart kitchen innovations and widespread expansion.")
Korean brand Daewoo is making its entrance into the kitchen and home appliances Market in India, following the success of its previous product lines, including LED TVs and inverters. After entering the Indian Market last year, Daewoo has seen strong reception, prompting the company to expand its offerings to include smart kitchen devices. The new ...
 "Ikea embarks on a bold expansion in India, targeting Delhi-NCR with smaller stores and increased online presence by 2025.")
Ikea plans to expand its operations in India, focusing on new markets like Delhi-NCR. The company aims to open smaller stores ranging from 30,000 to 70,000 square feet in areas adjacent to its existing large stores. Starting with online sales in early 2025, Ikea will launch its first physical store in Gurugram by 2026. Currently, ...
