Author: NNI Editor

Ranjit Tinaikar, CEO of Ness Digital Engineering | Photo Credit: Special Arrangement While artificial intelligence (AI) has been a buzzword across industries, companies worldwide have yet to harness the full potential, says Ranjit Tinaikar, CEO of Ness Digital Engineering. Speaking to The Hindu during his visit to Mumbai, the New York-based tech leader said that while senior executives across industries frequently discuss AI, very few possess a deep understanding of it.Mr. Tinaikar stressed that leaders must first grasp the concept of AI to effectively guide their organisations through the transformative journey it entails. “This journey is about re-skilling people,” he…

Representational image of Aurobindo Pharma’s Unit IX in Andhra Pradesh | Photo Credit: A. Roy Chowdhury The U.S. Food and Drug Administration (U.S. FDA) has classified a warehouse of Aurobindo Pharma subsidiary in New Jersey, U.S. as Official Action Indicated (OAI) after an inspection it conducted. Such a classification means regulatory and/or administrative actions are recommended by the regulator, for the facility it has inspected. “The U.S. FDA had conducted an inspection at one of the warehouses of Aurobindo Pharma USA Inc., a 100% subsidiary, situated in East Windsor, New Jersey, from May 13-15, 2024, with regards to compliance of…

Fines for DSA violations can reach as much as 6% of a company’s global annual revenue [File] | Photo Credit: REUTERS WhatsApp has hit a user criterion set out in landmark EU tech rules, the unit owned by Meta Platforms said, meaning it is required to do more to tackle online illegal and harmful content.Messaging platform WhatsApp in a February 14 filing said it had about 46.8 million average monthly active users in the 27-country European Union in the six month period to December 2024, above the 45-million-user threshold set out in the Digital Services Act (DSA).”We can indeed confirm…

Baijayant Jay Panda. File | Photo Credit: The Hindu The select committee of the Lok Sabha, which will examine the Income-Tax Bill, 2025, was constituted on Friday (February 14, 2025) with BJP MP Baijayant Jay Panda appointed as chairman of the panel.The committee will have 31 MPs, including 17 from the ruling National Democratic Alliance. The NDA MPs consist of 14 from the BJP and one each from the TDP, JD(U), and the Shiv Sena.The Opposition parties have 13 MPs, including six from the Congress, two from the Samajwadi Party and one each from the DMK, the TMC, the Shiv…

Tamil Nadu’s temple saris | Photo Credit: Special Arrangement The sari (also spelt as saree) has a chequered history. While some say its origin dates to the 1st Century; others trace it to the Indus Valley civilisation that flourished between 2800 and 1800 BC. Over time, this unstitched garment has taken on different forms and drapes, leaving us with remnants of our once-rich textile heritage.This realisation struck me while walking through the exhibition Heirloom Sarees: The Glory of India’s Woven Heritage l at Delhi’s India International Centre. Organised by the Delhi Crafts Council (DCC) to celebrate 25 years of the…

The Board has appointed Aditya Kumar Halwasiya, Managing Director of Cupid Ltd as its Chairman & Managing Director. | Photo Credit: cupidlimited.com Cupid Ltd for the third quarter reported net profit of ₹ 11.04 crore, as compared to ₹ 8.86 crore in the year ago period, up 24.60%. The total income of the company for the period ended December 31, 2024 increased 24.47% to ₹ 50.76 crore as against ₹ 40.78 crore in the year ago.   Operating Income was at ₹ 46.35 crore, as compared to ₹40.05 crore a year ago up by 15.73%.   The Board has appointed Aditya Kumar Halwasiya, Managing Director of…

A necklace from Anu Merton | Photo Credit: Special arrangement Nearly five months since its first pop-up in Chennai, jewellery brand Anu Merton, which shares its moniker with the designer who founded it in 2020, is back at Amethyst. This time, it introduces the city to its soon-to-be-launched capsule that parades a colourful spectrum of semi-precious stones on the sturdy foundation of time-tested jewellery-making techniques. Rings, necklaces and bracelets by Anu Merton | Photo Credit: Special arrangement Assessing the response to her brand’s first outing at the 24-year-old garden café and boutique, Anu lauds the venue’s potential to draw the…

India’s insurance companies have agreed on a simple yet comprehensive and customer-friendly model for Bima Vistaar, the composite cover mooted by the Insurance Regulatory and Development Authority of India (IRDAI). It will be the first ever such product covering death, personal accident property and surgical hospitalisation with each line of the risk, co-insured between all the insurers of that corresponding line of business within an omnibus co-insurance arrangement, IRDAI said on the deliberations at the two-day Bima Manthan quarterly meeting with CEOs of insurers conducted here from February 13. “Discussions dwelled into operating model and implementation strategy… touched all aspects…

Designer duo Abraham and Thakore need no introduction; known as masters of minimalism, the OG designers David Abraham and Rakesh Thakore were in Hyderabad to launch their first flagship store at Banjara Hills. In 1992, as classmates and friends, they started a business in Abraham’s bedroom in Delhi’s Defence Colony, based on a suggestion from their friend Martand Singh.In today’s entrepreneurial lingo, they were a start-up. Abraham is quick to answer, “Of course we were. It all happened in my bedroom — designing, planning and even meeting clients. John Bissel, owner of FabIndia knew we had started something, he told…

In several States, free power is supplied to agriculture connections, which is why farmers don’t look for energy-efficient pumpsets. File | Photo Credit: Getty Images/iStockphoto Agricultural pump-sets manufactured by the organised sector are losing out to “kit” (unbranded) pumps made in the unorganised sector because of 18% GST being levied on them for the last three years, say manufacturers in Coimbatore.According to K.V. Karthik, president of the Indian Pump Manufacturers Association, sale of “kit” pumps reduced to less than 10 % of the total agriculture pump-set sales after the introduction of 12% GST. However, following the hike in GST to…