Author: Aruna Kaim

Indian telecom and business titans Mukesh Ambani (CMD, Reliance Industries) and Sunil Bharti Mittal (Founder & Chairman, Bharti Enterprises) have been named founding members and commissioners of the newly launched AI for Good Global Commission. Convened by the International Telecommunication Union (ITU)—the United Nations’ specialized agency for information and communication technologies—the commission brings together over 40 global leaders, including heads of state, tech CEOs, and UN agency chiefs. Leadership of the Commission The high-level global body is steered by a prominent mix of political, technology, and diplomatic leaders: Co-Chair: Paul Kagame (President of Rwanda) Co-Chair: Marc Benioff (Chair & CEO…

A sharp shift is occurring in how corporate Japan approaches offshore operations. Facing an aging local workforce and an acute talent crunch, Japanese enterprises are rapidly establishing Global Capability Centres (GCCs) in India. According to a new Deloitte India report titled “India’s Strategic GCC Play for Japanese Enterprises,” Japan has officially become the largest contributor to India’s GCC ecosystem within the Asia-Pacific (APAC) region. Over 100 Japanese companies now operate GCCs in India, making up roughly 5% to 6% of the country’s entire GCC footprint. Moving Up the Value Chain Historically cautious about shifting sensitive data and operations abroad, Japanese…

KP Group has officially appointed Sunil Kumar Maheshwari as its new Vice-Chairman. Moving into this leadership role, Maheshwari has also joined the boards of the group’s three listed entities: KPI Green Energy KP Energy KP Green Engineering Maheshwari brings nearly 40 years of diverse expertise to the group, spanning public sector leadership, academic initiatives, and extensive corporate engagement. His broad management background is expected to help steer the renewable energy and infrastructure focused conglomerate through its next phase of market expansion. In Other Corporate News: ITC Hotels Expands in Rajasthan Separately, ITC Hotels announced a strategic expansion of its hospitality…

Nita M. Ambani, Founder and Chairperson of the Reliance Foundation, has been presented with the prestigious AAPI Humanitarian Award at a ceremony in Tampa, Florida. The accolade, presented by the American Association of Physicians of Indian Origin (AAPI), recognizes her massive contributions to healthcare, education, sports, culture, and community development. Adding to the distinction, Tampa Mayor Jane Castor presented Ambani with the Key to the City of Tampa—one of the highest civic honors in the United States, given to individuals whose social contributions have created a deep, lasting impact on society. A Recognition of Scaled Philanthropy The twin honors celebrate…

Japan’s Nikkei share average climbed sharply on Friday, recovering from a steep 1.6% drop earlier in the session to secure a minor weekly gain. A combination of easing U.S. rate hike anxieties and encouraging domestic growth indicators drove the turnaround, lifting investor sentiment across Asian markets. The Key Benchmarks Nikkei 225: Advanced 1.47% to close at 69,744.07, finishing the week up 0.5%. Topix: Gained 1.24% to close at 4,064.60, marking its fifth consecutive positive session—its longest winning streak since October 2025. What Revolved the Sentiment? Cooler U.S. Macro Data: A softer-than-expected U.S. payrolls report led global traders to pare back…

Citigroup expects Brent crude prices to tumble to between $60 and $65 a barrel by the end of the year. The bank attributes this sharp decline to easing geopolitical tensions around the critical Strait of Hormuz shipping chokepoint and a return to structurally soft market fundamentals. As the supply disruption panic dissipates, global energy markets are quickly refocusing on a Looming market surplus. Key Drivers Behind the Bearish Outlook Resuming Hormuz Traffic: Global energy markets are steadily stabilizing as commercial shipping through the Strait of Hormuz recovers. Crude shipping volumes through the vital channel have already climbed back to 7…

For years, Nokia was viewed as a relic of the early mobile-phone era—a slow-moving telecom equipment stock tied to unpredictable carrier spending and thin investor excitement. However, 2026 has brought a massive shift. Nokia shares have surged roughly 100% this year as Wall Street and global investors re-evaluate the Finnish company not as a legacy gear maker, but as a critical player in artificial intelligence infrastructure. Modern AI data centers require far more than just powerful chips; they need high-speed networks capable of transferring massive amounts of data between servers and cloud regions. Nokia’s optical transport, IP routing, and switching…

United Arab Emirates stock markets closed higher, tracking an upward trend in global equities. The market surge followed a cooler-than-expected U.S. jobs report, which reduced fears of an immediate Federal Reserve interest rate hike and increased expectations that interest rates will remain on hold. Because most Gulf currencies are pegged to the U.S. dollar, changes in American monetary policy deeply impact regional markets. Dubai Market Performance Dubai’s main index rebounded with a 1.1% gain, heavily supported by the industrial and financial sectors. Over the course of the week, the index added 0.7%. Salik Company (Toll-gate operator): Jumped 2.4% Emaar Properties…

Based on the provided Hindustan Times (HT Tech) buying guide, here is a breakdown of the best juicer mixer grinders categorized by your specific kitchen priorities to help you choose the right upgrade: 1. Best for Ultimate Power & Heavy Grinding Bosch True Mixx (MJ8720A1KI) Price: ₹5,499 (42% off, down from ₹9,500) Wattage: 1000W high-torque motor Key Strengths: It features the highest motor wattage on the list, making it perfect for handling incredibly tough Indian ingredients, thick batters, and continuous grinding (rated for 60 minutes). Includes a fibre-rich juicing sieve and a drip-free spout. Jars: 4 (Juicer/Blender, Wet Grinding, Dry…

A major shift is happening in the consumer electronics market. A global memory shortage—driven by massive component diversion to enterprise AI infrastructure—is causing widespread RAM and SSD scarcity. Hardware manufacturing costs are inflating rapidly, leading tech giants like Apple, alongside smartphone manufacturers like OnePlus, Xiaomi, and Vivo, to initiate retail price hikes across their portfolios. Fortunately, the Amazon Prime Day Sale 2026 (running from July 4 to July 6) offers a critical buying window. With early bird discounts slashing up to 80% off premium hardware and an extra 10% instant discount available via SBI and Axis Bank credit cards, now…