Author: News Desk

SentinelOne, a technology firm listed on the NYSE, has announced its acquisition of the Bangalore-based startup PingSafe in a deal reportedly valued at $100 million. In a press statement, PingSafe emphasized that the integration of its Cloud native application protection platform (CNAPP) into SentinelOne’s Singularity Platform represents a significant shift in security paradigms. This collaboration offers companies a unified service with real-time, AI-powered operations for safeguarding entire enterprises, eliminating the need for disparate solutions or standalone Cloud platforms. Ric Smith, Chief Product and Technology Officer at SentinelOne, highlighted the intention to redefine Cloud security through the incorporation of PingSafe. The…

OpenAI CEO Sam Altman recently tied the knot in a private ceremony held at a coastal location in Hawaii. The wedding, attended by close friends, family, and relatives, showcased the nuptials of the tech entrepreneur and Olive Harris, who has a background as a software engineer in Australia. The couple opted for a beachside ceremony, donning white attire, with photos from the event shared on social media platforms. Altman, renowned as a software engineer and the former president of Y Combinator, has been in the public eye for his professional accomplishments. The wedding photos, featuring the couple adorned with flowers,…

Mukesh Ambani, the chairman of Reliance Industries Ltd (RIL), has recently joined the exclusive club of centi-billionaires, a group of global tycoons with a net worth exceeding $100 billion. Ambani’s wealth experienced a notable surge as Reliance Industries Ltd reached new record highs, and other affiliated companies also witnessed significant increases. According to data from the Bloomberg Billionaires Index, Mukesh Ambani saw an addition of $2.76 billion in the previous trading session, bringing his total net worth to $102 billion. Currently holding the 12th position, Ambani is closely trailing Mexican business magnate Carlos Slim, who is only $1 billion ahead.…

The Trans Harbour Sea Link (also known as the Atal Sethu) presented to the country by Prime Minister Narendra Modi in Mumbai is the longest sea bridge in the country. Spanning a length of 22 kilometers, it includes a fully submerged portion of 16.5 kilometers, making it one of the most significant infrastructure projects in Mumbai. This bridge connects Sewri in Mumbai and Nhava Sheva area in Raigad district enhancing the connectivity between Navi Mumbai and Mumbai. The construction of this high-speed corridor plays a crucial role in the development of Navi Mumbai, providing a vital link between Nhava Sheva and Mumbai.…

The oil prices on Friday experienced a more than 2% increase following the United States and Britain conducting strikes against Houthi military targets in Yemen. This action was a retaliation for the Iran-backed group’s attacks on shipping in the Red Sea since late last year. Brent crude futures rose by $1.81, or 2.3%, reaching $79.22 a barrel, while U.S. West Texas Intermediate crude futures increased by $1.80, or 2.5%, trading at $73.82 at 0154 GMT. The U.S. and British strikes signify a significant escalation in the Israel-Hamas conflict in the Middle East since it erupted in October. Witnesses in Yemen…

Tata Consumer Products Limited (TCPL) is set to acquire Organic India, backed by Fabindia, and Capital Foods, renowned for its brand Ching’s Secret, according to sources cited by ET. The formal announcement is anticipated next week. Under the deal, TCPL will secure a controlling stake in Organic India from Fabindia at a valuation of INR 1,800 crore. Simultaneously, it will purchase a 75% stake in Capital Foods from Invus Group and General Atlantic at a valuation of INR 5,100 crore. The remaining 25% stake will initially be retained by former Capital Foods chairman Ajay Gupta, with TCPL planning to acquire…

According to a statement from the firm, Maruti Suzuki India Ltd. would invest over INR 32,000 crore to build an auto facility in Gujarat that will eventually produce about 1 million vehicles annually. It is anticipated that the plant will start up in FY2028–2029. In order to increase the production of electric vehicles, Maruti Suzuki plans to invest an additional INR 3,200 crore to establish a fourth production line at its fully owned subsidiary Suzuki Motor Gujarat Pvt. Ltd. “The investment of INR 3,200 crore will add a new production line which can produce 2.5 lakh (250,000) units per year. It…

India is rapidly emerging as a dominant force in the field of artificial intelligence (AI) and analytics, fuelled by a burgeoning pool of tech and digital talent and substantial government support. Both the central and various state governments have rolled out initiatives to drive AI adoption in the country. Notable programs include “AI for All” by Niti Ayog, and India’s leadership role at the G20 summit’s Chair at GPAI. Additionally, the Ministry of Electronics and Information Technology (MeitY) is set to launch initiatives like IndiaAI, Bhasini Programme, and YuvAI to skill the Indian youth. Multiple states, particularly Tamil Nadu, Telangana,…

The U.S. Securities and Exchange Commission (SEC) marked a historic moment by approving the first U.S.-listed exchange-traded funds (ETFs) designed to track bitcoin, a significant development for the cryptocurrency industry. The green light was given to 11 applications, with notable players like BlackRock, Ark Investments/21Shares, Fidelity, Invesco, and VanEck securing approval. Despite concerns raised by some officials and investor advocates regarding potential risks, the SEC’s decision sets the stage for a new era in the crypto market. Expected to commence trading on Thursday, the approved ETFs will likely spark intense competition among issuers for market dominance. A decade in the…

The Board of Directors of NEOM has introduced Aquellum, an avant-garde luxury and experiential space nestled within the mountains, marking a significant addition to the ongoing regional development in northwest Saudi Arabia. Rooted in cutting-edge technology, innovative architecture, and forward-thinking concepts, Aquellum promises guests a glimpse into futuristic living through its groundbreaking experiences. Nestled discreetly along the Gulf of Aqaba coastline and concealed within a breathtaking 450-meter-high mountain range, Aquellum forms a futuristic ecosystem seamlessly integrated into its natural surroundings. Crafted to ignite originality and imagination, Aquellum aims to redefine conventional design and construction boundaries. Accessing Aquellum is an extraordinary…