Month: February 2024

Microsoft to provide AI skilling opportunities to 2 million people in India by 2025

The ADVANTA(I)GE INDIA initiative will focus on three key areas to create AI fluency-Equipping India’s future workforce, upskilling government officials in AI and working to build the AI capability of nonprofit organizations. (Image source: Moneycontrol)

According to Microsoft’s recent Work Trend Index, 90 percent of Indian leaders say the people they hire will need new skills to prepare them for the growth of AI. Furthermore, 78 percent of Indian workers say they don’t have the right AI capabilities to complete their current work.

Hyundai India driving towards an IPO?

It was further stated that Hyundai, which enjoys a 15 percent market share, is seeking money that may value its company at as much as $30 billion. (Image source: Unsplash)

On February 6, it was reported that South Korean carmaker Hyundai had plans to list Hyundai Motor India in order to raise $3 billion. But, Hyundai Motor Company highlighted that it is yet to take a decision on this front.

There is a difference between courage and foolhardiness, says ASCI Chief on Poonam Pandey controversy

According to Manisha Kapoor, CEO and Secretary-General, ASCI, D2C brands may have limited checks and balances, internal procedures due to small teams and limited resources. However, this is not a valid reason to be in violation of codes and laws related to advertising.

Manisha Kapoor, CEO and Secretary-General, Advertising Standards Council of India (ASCI), said, “I would like to believe that ethics, truthfulness and courage are cultural values that rest even within new age digital firms. Even while agencies push boundaries, because that is what creativity is about, there is a need for a moral compass that drives decision making and creative strategy.”

Disney to invest $1.5 billion in Fortnite maker Epic Games

“Disney was one of the first companies to believe in the potential of bringing their worlds together with ours in Fortnite, and they use Unreal Engine across their portfolio,” said Epic Games founder and CEO Tim Sweeney

Disney plans to launch a ‘games and entertainment universe’ that integrates the entertainment conglomerate’s storytelling into Epic’s popular game Fortnite.

HUL’s Kartik Chandrasekhar quits; HUL top level rejig

Chandrasekhar began his career as a management trainee at Unilever and went on to rise through the ranks as head of oral care and skin cleansing for D&E markets and global brand lead - Pepsodent.

Kartik Chandrasekhar was to take up the position of executive director, personal care from April 1, 2024.