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Industry Updates

Gear Makers’ Poor Response to WiFi Security Mandate Frustrates DoT

In Short:The Department of Telecommunications (DoT) is frustrated with telecom equipment makers like Cisco and Nokia for not applying for security certifications for Wi-Fi...

iPhone 16 Pro Max Review: Is This Apple’s Ultimate Smartphone?

In Short:Apple has launched its new iPhone 16 series, emphasizing AI features called "Apple Intelligence," though these aren't included at launch. The standout model,...

Dr. Reddy’s and Hetero Partner with Gilead on Lenacapavir Anti-HIV Drug

In Short:Dr. Reddy’s Laboratories and Hetero have partnered with Gilead Sciences to produce and distribute Lenacapavir, an innovative HIV treatment, in 120 low- and...

EQT-Backed Zayo and TPG Compete for Nearly $10 Billion in Crown Castle Assets

In Short:Zayo Group and TPG are vying to buy Crown Castle's fiber and wireless assets, potentially worth up to $10 billion. The deal, which...

Samsung Plans Job Cuts in Select Asian Operations Amid Restructuring

In Short:Samsung Electronics announced plans to cut jobs in some Asian markets, potentially affecting 10% of its workforce in regions like Southeast Asia, Australia,...

Royal Enfield Sees 11% Sales Increase in September

In Short:Royal Enfield reported an 11% increase in total wholesales, reaching 86,978 units in September, up from 78,580 a year earlier. Domestic sales rose...

Russia’s Gas Industry Faces Irreversible Damage Due to Ukraine Conflict

In Short:Russia faces challenges in redirecting its gas exports, especially after losing its major European market. While it aims to boost sales to China...

Ferrero India Aims for Top 5 Spot in Sweet Packaged Food Market

In Short:Ferrero India wants to be among the top five sweet-packaged food companies in the country. They recently launched the Raffaello chocolate, focusing on...

Cloud Communications Industry Focuses on AI and Hybrid Work to Drive Growth

In Short:During the COVID-19 pandemic, cloud communications gained popularity, but demand has slowed as companies shift to hybrid working. Organizations are now seeking unified...

Continuous Improvement in IBC Crucial for 7-8% Economic Growth: CEA Nageswaran

In Short:New Delhi's Chief Economic Advisor, V. Anantha Nageswaran, emphasized the need for enhancing operational efficiency in India's bankruptcy reforms to support small businesses...

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