News

Renault has acquired Nissan’s 51% stake in the Chennai-based joint venture RNAIPL, positioning itself as the sole owner of this vital manufacturing hub. While Nissan will retain access for vehicle sourcing and collaborate on certain projects, both companies are set to continue their partnership in research and technology development in India.

India is set to confront significant geopolitical and economic challenges as global sentiment shifts away from the openness that benefited China’s past growth. Expert Aswath Damodaran warns that the new environment, marked by rising nationalism and protectionism, could impede India’s development, while also reshaping company valuations in unpredictable ways.

Financial planner D. Muthukrishnan urges caution in celebrating India's rising GDP, highlighting the country's low per capita income and advocating for a focus on individual prosperity. He proposes a target of $10,000 per capita income, acknowledging the significant effort required to achieve this goal.

Nandan Nilekani, Infosys co-founder, envisions a transformative shift in India's energy sector where every household can produce, store, and trade energy much like the digital revolution brought by UPI. His vision foresees the emergence of millions of micro-energy entrepreneurs, fundamentally changing the country's approach to energy production and consumption.

OpenAI CEO Sam Altman hinted at the release of a new version of the image generator, but warned of potential delays due to capacity challenges caused by the Ghibli-inspired image generation trend. The sudden influx of users has strained OpenAI's infrastructure, leading to delays and temporary suspensions of the image-generation feature.