Category: START UP NEWS

summary: Prime Minister Narendra Modi recently visited Vantara, a world-class wildlife rescue and rehabilitation centre led by Anant Ambani. Located in Gujarat, Vantara houses over 1.5 lakh rescued animals and features advanced facilities, including the Dhirubhai Ambani Research Laboratory, an elephant hospital, a Neonatal ICU, and MRI facilities for Asiatic lions. PM Modi praised Vantara…

Summary: One97 Communications (OCL), the parent company of Paytm, has received a show cause notice from the Enforcement Directorate (ED) over alleged violations of foreign exchange rules under FEMA, amounting to Rs 611 crore. The notice, dated February 27, highlights non-compliance at OCL (Rs 245 crore), Little Internet (Rs 345 crore), and Nearbuy India (Rs…

Summary: According to EY’s Future of Pay 2025 report, 6 in 10 Indian employers are looking to adopt AI-driven compensation strategies over the next three years. By 2028, companies are expected to move away from manual pay benchmarking and fixed incentives, embracing AI-powered predictive analytics and real-time salary adjustments instead. AI tools will help personalize…

Summary: Zerodha co-founder Nikhil Kamath sparked an online debate by suggesting that India could benefit economically if people shifted away from home-cooked meals, similar to Singapore and the U.S. In response, celebrity nutritionist Rujuta Diwekar criticized the idea, urging people not to listen to “rich boys” who downplay the value of home-cooked food. She emphasized…

Summary: Entrepreneur and Shark Tank India judge Anupam Mittal has criticized social media platforms like YouTube for enabling provocative content to go viral while avoiding accountability when controversy arises. Referring to the legal scrutiny faced by creators Ranveer Allahbadia and Apoorva Mukhija over India’s Got Latent, Mittal argued that platforms encourage extreme content for engagement…

Summary: Sam Altman, CEO of OpenAI, has revised his stance on India’s AI potential, moving from skepticism to support. Initially calling India’s AI ambitions “totally hopeless” in 2023, he now encourages the country to take a leadership role in the field. Speaking at an event with Union Minister Ashwini Vaishnaw, Altman acknowledged India’s growing tech…

The Economic Survey for 2024-25 highlighted the detrimental effects of long working hours on health, particularly mental well-being. It emphasized that working more than 60 hours a week could result in adverse health outcomes, with studies showing that spending over 12 hours a day at a desk is linked to mental distress. The Survey cited…