Board-Level Leadership TransitionFintech firm One MobiKwik Systems on Wednesday announced the appointment of Navdeep Singh Suri as the Chairperson of its Board, marking a leadership transition at the board level. Suri succeeds Upasana Taku, the company’s Executive Director, Chief Financial Officer and Co-Founder, who previously held the role, according to media reports. Association With the CompanySuri has been associated with MobiKwik since 2021, serving as an Independent Director on the board. His elevation to the chairperson role comes at a time when the company is focusing on governance and oversight as it operates in an increasingly competitive fintech environment. Professional…
Author: Aman Atulya
The global corporate power map has been redrawn. In a historic shift, Nvidia has surged past both Apple and Microsoft to become the world’s most valuable company in 2025, according to the 2025 Hurun Global 1000 List. Driven by an unprecedented boom in AI demand, Nvidia now sits at the very top of the global market capitalisation rankings. The latest Hurun report, released on Monday, ranks the 1,000 most valuable companies worldwide, up from 500 earlier. Together, the top 10 companies alone are worth a staggering $26 trillion, roughly equal to the combined stock market value of mainland China and…
How AI Is Powering Student Innovation Indian students are increasingly turning to Google Gemini as a creative and problem-solving partner, using AI to build real-world solutions for everyday campus challenges. A recent Google–Kantar study found that 95% of Gemini student users in India reported increased confidence, leveraging the tool for academic support, ideation, and early career preparation. Fund My Crazy: Campus Problems, AI-Driven Solutions This confidence was on full display during Fund My Crazy (FMC), a campus innovation campaign that encouraged students to solve practical campus problems using Gemini. In just nine days, the program received over 29,000 submissions, with…
The world’s richest families are not just wealthy. They are institutions of power, legacy, and long-term influence. Built over decades and, in some cases, centuries, these dynasties control global retail chains, oil reserves, luxury fashion houses, media empires, and diversified conglomerates. According to Bloomberg, the combined wealth of the top 25 richest families has surged to $2.9 trillion, rising by $358.7 billion in just one year. Among the global elite, only one Indian family, the Ambanis, has secured a place in the top 10, highlighting India’s rare representation in the world’s wealthiest dynasties. Here is a closer look at the…
A New Way to Own and Upgrade Pixel Smartphones Google has introduced a first-of-its-kind Pixel Upgrade Program in India, offering consumers a simpler and more affordable way to own and upgrade Pixel smartphones every year. Starting at just ₹3,333 per month, the program allows customers to move to the latest eligible Pixel device annually through a structured no-cost EMI plan. How the Pixel Upgrade Program Works Under the program, customers can purchase select Pixel smartphones on a 24-month no-cost EMI plan and become eligible to upgrade after completing a minimum of nine monthly payments. Between the 9th and 15th EMI,…
Piramal Finance on Friday announced that it will sell its entire 14.72 percent stake in Shriram Life Insurance Company Limited to Sanlam Emerging Markets (Mauritius) Ltd for ₹600 crore. The transaction marks Piramal Finance’s exit from the life insurance joint venture. Buyer ProfileSanlam Emerging Markets (Mauritius) Ltd is a wholly owned subsidiary of Sanlam Emerging Markets Pty and is part of the Sanlam Group, a pan-African financial services group headquartered in South Africa. Sanlam has an existing presence in Shriram Life Insurance as a joint promoter. Regulatory Approvals and TimelineThe lender said the transaction is expected to close in the…
Flipkart has acquired a majority stake in Minivet AI, a generative artificial intelligence startup focused on visual and video content creation for ecommerce platforms. The financial terms of the transaction were not disclosed by the company. About Minivet AIFounded in 2024, Minivet AI develops generative AI solutions that transform static product catalogues into visual and video-based content. The startup’s technology is designed to help ecommerce platforms create rich product assets at scale, addressing a key challenge in online retail where sellers often rely on limited or inconsistent visuals. Strategic Use of TechnologyFlipkart said Minivet AI’s tools will be used to…
Funding Announcement and InvestorsPackaged food startup Alimento Agro Foods Pvt Ltd has raised Rs 52 crore, or about $5.8 million, in a Series A funding round led by IvyCap Ventures. The company operates in the convenience food segment and owns two consumer brands, MOM Meal of the Moment and Gimi Gimi. Use of ProceedsThe company said the fresh capital will be deployed to expand manufacturing capacity, strengthen its pan-India distribution network, and invest in new product development across both brands. Scaling operations and improving retail reach beyond current markets will be key priorities in the next phase of growth. Founders…
Transaction OverviewHCLTech has announced the acquisition of the telecom solutions business of Hewlett Packard Enterprise for approximately $160 million in an all-cash deal. The acquisition is aimed at strengthening HCLTech’s position in the global telecom services market, particularly in next-generation areas such as 5G network transformation. Strategic RationaleIndia’s third-largest IT services company said the acquisition will enhance its capabilities in network transformation, network as a service (NaaS), and AI-led autonomous networking. The move aligns with HCLTech’s broader strategy to expand its high-value, product- and IP-led service offerings for global communication service providers. Talent and Global FootprintAs part of the transaction,…
Tribunal Approval and ScopeThe Ahmedabad bench of the National Company Law Tribunal has granted first-stage approval for the proposed merger of Adani Harbour Services Limited with its parent company, Adani Ports and Special Economic Zone Limited. The tribunal also waived the requirement to hold meetings of shareholders and creditors, allowing the amalgamation process to proceed without procedural delays. Legal Framework and Appointed DateThe approval was issued under Sections 230 to 232 of the Companies Act, 2013, by a bench comprising Judicial Member Chitra Hankare and Technical Member Velamur G Venkata Chalapathy. The companies have proposed July 1, 2025, as the…