News

The Torrent Group, a diversified conglomerate, has successfully acquired a 67% majority stake in the Indian Premier League (IPL) franchise Gujarat Titans, marking a significant move in the sports and business landscape. This acquisition is expected to benefit both the franchise and the Torrent Group, leveraging their respective strengths and expertise.

The Institute of Chartered Accountants of India (ICAI) is likely to review IndusInd Bank's books following accounting discrepancies in its derivatives portfolio, potentially leading to disciplinary action against the involved auditors. The bank's stock has plummeted by approximately 30% since the announcement, causing concern among investors.

India's smartphone industry is poised for a major transformation, fueled by government initiatives, a thriving tech ecosystem, and a rapidly expanding consumer base, according to Nothing Co-Founder and CEO Carl Pei. Pei believes India has the potential to become a global smartphone powerhouse, mirroring China's growth a decade ago.

The Indian Railways' plan to introduce hydrogen-powered trains faces financial and technical hurdles, with experts questioning the high cost and logistical challenges associated with the technology. While the project aims to reduce carbon emissions and transition to clean energy, concerns remain about its feasibility and cost-effectiveness.

Sarah Wynn-Williams, a former Meta executive, accuses the company of prioritizing profit over ethics, enabling misinformation and violence, and suppressing internal dissent. Her memoir, "Careless People," has sparked controversy, with Meta denying the allegations and claiming she was fired for poor performance.