Vintage Coffee Targets ₹300 Crore Turnover with Domestic Push

Vintage Coffee is expanding its reach within India as the country’s coffee market grows. Founded by coffee expert Tati Balakrishna, the brand has already found success in exports and is now focusing on catering to the younger generation’s coffee habits. The company plans to boost its revenue to ₹300 crore this year through e-commerce sales and more cafes. It also aims to increase its production capacity in 2025.

By Avi G

India Won’t Regulate AI, But a Voluntary Compliance Code is Coming

The government is unlikely to regulate AI and is instead focusing on a voluntary compliance code. It points to existing laws, like the Digital Personal Data Protection Act, to handle issues such as data privacy, misrepresentation, deep fakes, and copyright. The government may create new laws in the future if needed, including setting up AI Safety Institutes and working with stakeholders.

By Avi G

Supreme Court to Hear US Bribery Case Alleging $265M Scheme by Adani Group

A new petition filed in the Supreme Court asks for a review of bribery and fraud charges against Gautam Adani and his associates, as accused by US authorities. The petition also questions the Securities and Exchange Board of India’s (Sebi) handling of these allegations. The Adani Group, which is facing bribery charges related to solar contracts, has denied all accusations, leading to increased scrutiny and calls for an investigation into Sebi’s actions.

By Vishal Kumar

Political Storm Erupts as Bengal Governor CV Ananda Bose Inaugurates Statue of Himself

A political controversy broke out in Bengal when Governor CV Ananda Bose revealed a statue of himself at Raj Bhavan to mark his two-year term. The event, which also featured a painting exhibition and planting of saplings, drew widespread criticism. Many questioned the appropriateness of unveiling a statue while still in office. Political parties, including TMC and Congress, condemned the move, calling it self-serving.

By Avi G

Foreign Investors Pull ₹26,533 Crore from Indian Stocks Amid Ongoing Selloff

Foreign Portfolio Investors (FPIs) continued selling Indian equities for the eighth week in a row, offloading ₹26,533 crore in November. Although this is lower than October's record outflow of ₹94,017 crore, the total FPI net selling for 2024 now stands at ₹19,940 crore. Experts believe that FPI selling might slow down soon due to weaker earnings and lower valuations of large-cap stocks in India.

By Avi G

Anupam Mittal Responds to Zomato’s No-Salary Job with Hilarious Twist

Anupam Mittal responded humorously to Deepinder Goyal's controversial job listing for a Chief of Staff at Zomato. Mittal posted his own job ad, offering a paid role from day one, unlike Goyal's unpaid position that required a ₹20 lakh donation. Mittal’s listing also included quirky requirements, like a negotiable salary, a "thick-skin test," and a fun job title, "ChiefOfWhat?".

By Avi G

Adani Group’s US Indictment Linked to Only One Contract: Adani Group CFO

The US indictment against Adani Group is focused on one contract from Adani Green Energy, which makes up about 10% of the company's business, according to group CFO Jugeshinder Singh. He stressed that no other parts of the business are involved, and the issue is still under legal review. Singh said more details will be shared after consultations with legal advisors.

By Avi G

Indian Army to Recruit Cyber & IT Experts for Advanced Warfare

The Indian Army is looking to hire experts in fields like cybersecurity, IT, and linguistics to boost its tech capabilities for modern warfare. This effort, led by Lieutenant General Rakesh Kapoor, aims to keep the Army up-to-date with global military advancements. The first phase of recruitment will offer 17 specialized positions, with a focus on cutting-edge technologies like AI, cybersecurity, and robotics.

By Avi G

Tomato Wine and 28 Other Ideas to Stabilize Supply Chain

The Indian government has funded 28 creative ideas to tackle tomato price fluctuations and supply problems, including making wine from tomatoes. This idea, along with others like solar-powered storage units and eco-friendly packaging, came from the Tomato Grand Challenge hackathon. The goal is to create sustainable, waste-free solutions while keeping the tomato supply steady.

By Avi G

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