Hello, Ola Electric has hit the ground running. The hit the upper 20% circuit on its stock market debut, despite a modest response to its public offering. The stock, which listed at a flat Rs 76 per share, closed at Rs 91.
2 on the NSE, boosting the company's valuation to about $4.8 billion. Its founder Bhavish Aggarwal also doubled his wealth, according to the Bloomberg Billionaires Index, giving the entrepreneur a net worth of $2.
3 billion. The company’s stellar debut is indicative of the bankability of clean energy companies. Wind and solar energy solutions company Suzlon Energy’s market capitalisation crossed the Rs 1 lakh crore mark on Friday on the back of the acquisition of a wind turbine manufacturer.
Moving on, AI may have the same influence Facebook once held in the 2010s. OpenAI assessed its GPT-4o model to have “medium risk” as its researchers found that some writing samples from GPT-4o could be better at swaying readers’ opinions than human-written text. While the mere mention of AI can cause mass hysteria, the technology is increasingly finding newer use cases.
From JP Morgan Chase rolling out generative AI assistants for employees to help them with tasks like writing emails and reports, ISRO education students using the technology to facilitate innovation in the space sector, to India’s Supreme Court employing it for judicial translation and legal research—AI’s sphere of influence is getting wider. It’s even helping bring back the dead. around the world have created digital “resurrections” of individuals who have passed away.
Lastly, we leave you with the story of a Bengaluru woman who became a and pointed out areas for improvement on X. It quickly caught the attention of Blinkit's top bosses, who made some improvements to the app. Now that’s called constructive criticism.
In today’s newsletter, we will talk about Here’s your trivia for today: What sport was reintroduced to the Olympics in 2016 after a 112-year absence? News Mamaearth’s parent company Honasa Consumer Limited is betting big on new-age consumer brands and personal care routines, all while cutting out the middleman to consumers. The house of brands clocked a 63% rise in net profit to Rs 40.26 crore in Q1 FY25, compared with Rs 24.
7 crore during the comparable period last year, the filings with the BSE showed. Consumer-centric: Honasa Consumers: Varun Alagh and Ghazal Alagh Top Funding Deals of the Week Startup: Visit Health Amount: Rs 250 Cr Round: Equity Startup: Amount: $9.8M Round: Series A Startup: BlueBinaries Amount: Rs 60 Cr Round: Equity Interview Healthcare today is all about data, and GenAI has the computing ability to analyse this information to deliver the services which are more suited to the needs of a community or individual.
In fact, technology can play an invaluable role in not only democratising access to resources that a community or population or an individual needs to thrive but also doing so in a culturally responsive way, believes Danielle Morris, Health Equity Lead, AWS Global Social Impact. Equitable access: Social Impact While attending a session on gender, Reshma Arya realised the need to use tools that could make young girls feel comfortable while talking about their bodies, menstrual cycle and other such topics. This learning and her passion for music soon led her to start WeBhor in 2018, a Delhi-based NGO working towards creating social inclusion and learning through music.
Tunes for thought: News & updates Answer: Golf. We would love to hear from you! To let us know what you liked and disliked about our newsletter, please mail ..
