Author: News Desk

Astra Tech adds Arabic Chat GPT functionality to BOTIM app The BOTIM app now features the first Arabic Chat GPT, thanks to Astra Tech. The GPT has the potential to revolutionize service access by leveraging knowledge from the Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) through conversational commerce. The AI-powered BOTIM Arabic Chat GPT platform will support all of the app’s services and guarantee that the information presented is always up-to-date and correct by continually sourcing the most recent data from local marketplaces. BOTIM Arabic Chat GPTMany services, including foreign money transfers, bill payments, government services, and weather checks, will be provided by BOTIM GPT. The platform is…

As the most valuable tech firm in the world accelerates its expansion and focuses on premium items to maintain its exclusive image in the nation, Apple will soon build its first retail location in India. Although the official launch date has not yet been declared, the Cupertino, California-based business shared a photo on Wednesday of the barricade surrounding its retail location in Mumbai, the financial center of India. The Jio World Drive mall, owned by billionaire Mukesh Ambani, will soon house the first Apple Store. In addition, Apple is constructing its second retail location, which will open soon in Delhi. At a time when sales of Apple goods,…

Goldman Sachs’ 10,000 Women project generates 28 Billion rupees in revenue and 12,000 jobs. Goldman Sachs released the findings of its 10,000 Women study today, showing that within 18 months of programme completion, the Business and Management Education initiative for Women Entrepreneurs, developed and entirely funded by the International Financial Institution, had contributed to the creation of about 12,000 new jobs and added Rs 28 billion in revenue to the Indian economy. The 10,000 Women programme was originally introduced in India in 2008 and offers women company owners access to funding, mentorship, and business and management education. In a year…

Since the second half of 2022, the price of imported LNG has dropped by 80%, from a peak of around USD55 per mmBtu (Metric Million British Thermal Unit) in August of last year to about USD12 per mmBtu right now. Yet the issue circulating in India’s energy community is: Would the Government distribute the advantages to customers who are already suffering from skyrocketing gasoline prices? In the previous two years, the Government has increased natural gas prices by more than 400%, which has increased the price of energy, transportation, food, and cooking. The Oil & Gas Industries have been laughing…

In order to reverse years of declining oil and gas output, the state-owned Oil and Natural Gas Company (ONGC) is ramping up a USD 7 billion investment over the next three to four years, according to Pankaj Kumar, the company’s director for production. Currently underway are up to 24 field developments, improved oil recovery (IOR), and enhanced oil recovery (EOR) projects that will aid further reversal of the trend of diminishing oil and gas output. ONGC is spending more than USD 5 billion to develop the Cluster-II area of its prized KG-DWN-98/2 asset in the Krishna Godavari basin off the…

Johnson & Johnson, a major US pharmaceutical company, put out a $8.9 billion settlement offer on Tuesday to end long-running litigation alleging that the company’s talcum powder products contributed to cancer. The proposed settlement, which still needs court approval, “would equitably and effectively address all claims stemming from cosmetic talc litigation,” according to the New Jersey-based corporation. According to the business, the new sum is supported by more than 60,000 parties who have filed claims alleging injury from J&J talcum powder. In the lawsuits brought against J&J, it was claimed that using talcum powder for feminine hygiene led to the…

PhonePe, a key player in payments, is entering the e-commerce space with a distinct app called “Pincode” that will operate over the ONDC (open network for digital commerce) network. PhonePe is now finalising a $1 billion fundraising round from Walmart, General Atlantic, and others. On Tuesday, the business introduced Pincode, a hyperlocal ecommerce network that facilitates online transactions between nearby residents and nearby brick-and-mortar retailers. As it grows, it will use the same model throughout all cities, which means intercity deliveries won’t be made. Currently, Pincode operates in six sectors, including Electronics, Groceries, Food, Pharmacy, Home Furnishings and Fashion. The…

Mahindra & Mahindra has revealed that they have sold 35,976 automobiles in March 2023, a 31 percent increase over the previous month. With 3,56,961 units sold, an increase of 60%, the Indian brand has reached a sixer and set a record for yearly SUV sales. Mahindra sold 35,997 units in the passenger car market, a 30% increase in March 2023, and 3,59,253 vehicles overall, a 59 percent increase in sales year over year. Mahindra’s commercial vehicle category is also doing well, with sales of 22,282 cars and an increase of 12% in March 2023. 2,48,576 automobiles were sold in total…

The 37th annual Forbes world’s billionaires list has important positions for business tycoons located in the United Arab Emirates. Pavel Durov, Yusuffali M.A., Micky Jagtiani, Hussain Sajwani, Ravi Pillai, Abdulla bin Ahmad Al Ghurair, Sunny Varkey, Joy Alukkas, Abdulla Al Futtaim and family, and Dr. Shamsheer Vayalil are among the top ten UAE citizens on the list. With a net worth of $11.5 billion, Telegram messenger founder Pavel Durov has maintained his title as the wealthiest businessman residing in the UAE. He has taken up position 148. Retail Tycoon and Chairman of Lulu Group Yusuffali, who has a net worth…

India is nearing approval of a request to purchase US weaponry for its MH-60 Romeo multirole helicopters, including Hellfire missiles and Mark 54 anti-submarine torpedoes. Under a fast-track agreement for over USD 2 billion in 2020, the Indian Navy contracted for 24 of these helicopters, and they must be armed in order to conduct missions. Defence officials told ANI here that the proposal for the purchase of the MH-60 Romeo helicopter’s weapon package is at an advanced stage in the Defence Ministry and that talks are also ongoing with the American administration for the USD 300 million deal to be…