Business

Molbio Diagnostics Wins KOCHON Prize 2024 for TB Innovation


Molbio Diagnostics has been awarded the KOCHON Prize 2024 by the Stop TB Partnership, recognizing its pioneering work in ensuring access to cutting-edge diagnostic tools and innovation in the fight against tuberculosis (TB). This distinction makes Molbio the first private company globally—and the third Indian entity after ICMR and Dr. L.S. Chauhan—to receive the prestigious award.

Business

IHCL’s Ginger Collaborates with Asian Paints Royale Play to Redefine Design-Led Hospitality


In a first-of-its-kind collaboration, Ginger, the lean luxe brand by The Indian Hotels Company (IHCL), has partnered with Asian Paints, India’s leader in décor and design innovation, to unveil eight specially designed rooms at Ginger Goa, Candolim. This creative partnership blends Italian-inspired Royale Play textures with Ginger’s signature design ethos, transforming interiors into immersive, sensory experiences under the theme “A Royale Touch.”

Business

Apple Hits $4 Trillion Market Value as Strong iPhone Sales Offset AI Concerns


Apple became the third company in history to surpass a $4 trillion market valuation, driven by robust sales of the iPhone 17 and iPhone Air. Strong global demand helped offset investor concerns about Apple’s slower progress in artificial intelligence, highlighting the enduring strength of its hardware ecosystem.

Business

Amazon to Cut Up to 1,000 Jobs in India Amid Global AI-Driven Restructuring


Amazon is preparing to eliminate between 800 and 1,000 positions in India as part of its global workforce restructuring, The Economic Times reported. The cuts, spanning technology, HR, and finance roles, come as the company pivots toward artificial intelligence to streamline operations and reduce organizational layers.

Business

Mahendra Jewellers becomes the first jeweller in India to launch a fully branded De Beers & GJEPC “Project INDRA” zone.


Kolhapur’s Mahendra Jewellers becomes the first in India to introduce a fully branded De Beers & GJEPC “Project INDRA” zone, showcasing 100% natural diamond jewellery under the theme Love So Natural. Signature collections include Love from Dad Solitaire and Love from Bestie Bracelets.