Peerzada Abrar
 "Peerzada Abrar")
Peerzada Abrar
Peerzada Abrar is a technology and business reporter at Business Standard. He covers the intersection of technology, AI, business, and society and its impact on our lives. This includes tracking top tech firms and startups. He joined Business Standard in 2019, after having worked at The Economic Times and The Hindu. There, he covered the entrepreneurship ecosystem, including startups, new technologies, venture capital, and private equity. A storyteller at heart, he is captivated by the potential of innovation to address global challenges. His narrative spans from resilient communities combating epidemics and natural disasters to groundbreaking initiatives that empower the underserved and transform humanitarian landscapes.
Peerzada Abrar is a technology and business reporter at Business Standard. He covers the intersection of technology, AI, business, and society and its impact on our lives. This includes tracking top tech firms and startups. He joined Business Standard in 2019, after having worked at The Economic Times and The Hindu. There, he covered the entrepreneurship ecosystem, including startups, new technologies, venture capital, and private equity. A storyteller at heart, he is captivated by the potential of innovation to address global challenges. His narrative spans from resilient communities combating epidemics and natural disasters to groundbreaking initiatives that empower the underserved and transform humanitarian landscapes.
Page 3 - Peerzada Abrar
Robotics, precision manufacturing hot bets for investors: Accel's Prakash
Accel's Prakash says India will become precision manufacturing powerhouse for aerospace and defence in next few years
 "Robotics, precision manufacturing hot bets for investors: Accel's Prakash")
Eyeing level playing field to cater to nation's aspirations: Priyank Kharge
The minister for IT and biotechnology and rural development and Panchayat Raj, government of Karnataka, said the state should get its share of such opportunities as it is a hub for IT services exports
 "Eyeing level playing field to cater to nation's aspirations: Priyank Kharge")
Ola Electric may lay off 500 employees as part of restructuring exercise
The aim is to remove redundant roles, improve efficiency, increase margin and attain profitability, according to the sources
 "Ola Electric may lay off 500 employees as part of restructuring exercise")
Bengaluru Tech Summit: India's DPI has reached maturity level to go global
Countries showing interest in adopting India's digital public infrastructure model, which would help them deliver essential services, empower citizens, and improve lives by enabling digital inclusion
 "Bengaluru Tech Summit: India's DPI has reached maturity level to go global")
Bengaluru Tech Summit: Draft Karnataka Space Tech policy launched
The draft policy lays down the overall vision of Government of Karnataka for the space sector which is to hold 50 per cent of the national market share and transform into a global destination of space
 "Bengaluru Tech Summit: Draft Karnataka Space Tech policy launched")
'Need to build mobility innovations with people-centric approach'
They emphasised the need for collective innovation to build a robust infrastructure, including electrified buses and smart mobility solutions
 "'Need to build mobility innovations with people-centric approach'")
Uber aims to launch shuttle service in Bengaluru; showcases plan at summit
This is expected to help more people book their travel in larger vehicles like shuttles helping take vehicles off the road
 "Uber aims to launch shuttle service in Bengaluru; showcases plan at summit")
''From back-office sites, Indian GCCs becoming innovation hubs now''
India's global capability centres (GCCs) are projected to become a $100 billion industry by 2030, employing over 2.5 million professionals, according to industry data
 "''From back-office sites, Indian GCCs becoming innovation hubs now''")
Some jobs will disappear due to AI: Wipro Executive Chairman Rishad Premji
At a time when the 70-hour work week topic has sparked debate online, Premji also said that work-life balance is incredibly important for employees
 "Some jobs will disappear due to AI: Wipro Executive Chairman Rishad Premji")
Industry, govt, academia collaboration in focus at Bengaluru Tech Summit
Biocon Chairperson Kiran Mazumdar-Shaw said efforts should be made to ensure the government becomes the first user of innovations from startups
 "Industry, govt, academia collaboration in focus at Bengaluru Tech Summit")
Bengaluru Tech Summit unveils initiatives to support startups at all stages
One of the initiatives is Innovate Campus, which focuses on deep-tech innovations such as quantum AI, climate tech, and space tech
Bengaluru Tech Summit: CM Siddaramaiah launches GCC policy, skilling drive
Karnataka plans to set up three innovation districts for Global Capability Centres (GCCs) in the state, which will serve as global hubs for innovation and research
 "Bengaluru Tech Summit: CM Siddaramaiah launches GCC policy, skilling drive")
India is among top 3 fast-growth markets for us: FedEx's Richard W Smith
Smith, the COO, international, and CEO, Airline FedEx, said express transportation firm unveiling its fourth international daily flight connecting India to the rest of world
 "India is among top 3 fast-growth markets for us: FedEx's Richard W Smith")
The Good Glamm Group completes 100% acquisition of The Moms Co
This comes on the heels of the group's completion of its Sirona transaction and increases in shareholding in other portfolio brands Organic Harvest and Winkl
 "The Good Glamm Group completes 100% acquisition of The Moms Co")
Huge wealth of data talent in India, looking to attract it: Lingaro CEO
At a time when India's Global Capability Centre (GCC) market size is expected to reach $60 billion by 2025, tech firm Lingaro Group is eyeing a 30 per cent year-over-year revenue increase in India
 "Huge wealth of data talent in India, looking to attract it: Lingaro CEO")
Targeting India revenue of 1 bn euros in 3 yrs: Aliaxis' Thierry Vanlancker
India is the real growth market for the Belgium-based fluid management solutions company, Vanlancker said, adding its Indian company, AshirvadPipes, is now an APAC innovation hub
 "Targeting India revenue of 1 bn euros in 3 yrs: Aliaxis' Thierry Vanlancker")
Vecmocon raises $10 million in the first phase of Series A funding
The vehicle intelligence firm will use the funding to expand its reach in various market segments, including electric two-wheelers, three-wheelers, light commercial vehicles (LCVs), and buses
 "Vecmocon raises $10 million in the first phase of Series A funding")
Drone startup Airbound raises $1.7 million funding, to focus on deliveries
Airbound will deploy its R&D efforts to initially focus on medical deliveries and then expand into other areas such as food and groceries
 "Drone startup Airbound raises $1.7 million funding, to focus on deliveries")
Women Uber drivers now have the option to accept only female riders
The option which helps female earners prioritise their safety is among a suite of new features unveiled by Uber, aimed at enhancing the daily experiences of its drivers in India
 "Women Uber drivers now have the option to accept only female riders")
Rapido reports 2.5x increase in gross order value to Rs 2,461 cr in Q2FY25
Low-cost mobility platform reports more than two-fold increase in gross order value of Rs 2,461 cr in Q2 FY25
 "Rapido reports 2.5x increase in gross order value to Rs 2,461 cr in Q2FY25")
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