Bizvoyage.in

Air India Express to launch direct flights connecting Ayodhya to Bengaluru and Kolkata from January 17. The first flight on the Bengaluru-Ayodhya route departs on January 17, 2024, at 8:05 am. Additional route to Kolkata with flights departing Ayodhya at 11:05 am. Chief Commercial Officer Ankur Garg emphasizes the commitment to expanding connectivity. Tri-weekly non-stop flights aim to provide convenient one-stop itineraries for pilgrims. Bookings available through the airline's mobile app, website, and major booking platforms. Air India Express #AirIndiaExpress #AyodhyaFlights #Bengaluru #Kolkata #ConnectivityExpansion #FlightSchedule #PilgrimageTravel #businessnews

Jensen Huang of Nvidia is named the best CEO of 2023. The evaluation considers the performance of CEOs of large listed companies in the S&P 1200 index. The assessment excludes CEOs in the role for less than three years to avoid giving undue credit for replacing predecessors. CEOs are ranked based on the returns they generated for shareholders relative to their sector's average. Huang led Nvidia, a chipmaker, and achieved remarkable success with the company's market value soaring past $1 trillion. The challenging business landscape in 2023 included sluggish growth, cost management, worker demands for pay raises, geopolitical tensions, and cultural challenges. The top ten CEOs encompassed both well-known figures and relatively lesser-known leaders. Two companies, Cameco and PulteGroup, were excluded from the ranking due to macroeconomic forces driving their stellar results. The evaluation reflects the overall performance and strategic acumen of CEOs in navigating a complex business environment. NVIDIA Jensen Huang #CEO2023 #JensenHuang #Nvidia #BusinessLeadership #CorporatePerformance #S&P1200 #economictrends

Francoise Bettencourt Meyers becomes the first woman with a $100 billion net worth. L'Oréal SA shares rise to a record high, contributing to her milestone. The heiress is the 12th-richest person globally, with a fortune exceeding $100 billion. Bettencourt Meyers is the vice-chair of the board of L'Oréal, a company founded by her grandfather. Despite the gain, her fortune is less than Bernard Arnault's, the founder of LVMH. Bettencourt Meyers keeps a private life, known for playing piano and her literary works. L'Oréal experienced a rebound in its stock as consumers splurged on luxury items. The company's stock is expected to rise further, showing resilience in product and geographic diversity. Bettencourt Meyers chairs her family's holding company, Téthys, which has the L'Oréal stake. Téthys Invest, a subsidiary, focuses on making direct long-term investments in entrepreneurial projects. The firm recently acquired a stake in French insurance broker April Group and invested in other ventures. L'Oréal #FrancoiseBettencourtMeyers #Loreal #Billionaire #Wealth #LuxuryIndustry #BusinessMilestone #richestwomen #entrepreneur #womenentrepreneur #womeninbusiness

Google agrees to settle a lawsuit accusing it of secretly monitoring users' online activities during 'Incognito' mode. The lawsuit sought damages of at least $5 billion and involved a significant number of Google users. Users claimed Google tracked activities even when using 'Incognito' mode in Chrome or 'private' browsing in other browsers. The trial was put on hold after Google and the plaintiffs reached a settlement agreement; details remain undisclosed. Google's use of analytics, cookies, and apps allegedly allowed the company to collect user data in private browsing modes. The settlement is subject to court approval, and a formal presentation is expected by February 24, 2024. The lawsuit, initiated in 2020, involved users seeking damages for alleged breaches of federal wiretapping and California privacy laws. US District Judge Yvonne Gonzalez Rogers denied Google's motion to dismiss the lawsuit in August, citing uncertainties about Google's commitment to data collection limitations. #Google #PrivacyLawsuit #IncognitoMode #OnlinePrivacy #LegalSettlement #DataTracking #technologynews

Asish Mohapatra, IIT Kharagpur graduate, faced 73 rejections before launching his startup, OfBusiness, in 2015. Despite initial challenges, Mohapatra's determination led to the success of OfBusiness, earning Rs 463 crore. An Odisha native, Mohapatra completed an MBA at the Indian School of Business (ISB) and worked as a venture capitalist at Matrix Partners. Mohapatra prioritizes a work environment emphasizing freedom, equality, and community, forgoing a driver, assistant, or cabin. OfBusiness achieved unicorn status in 2021, exceeding a $5 billion valuation within months, providing project financing and raw materials for manufacturing and infrastructure. OfBusiness experienced significant financial growth, with revenues soaring from Rs 1757 crore in 2020–21 to Rs 7269 crore in the previous year. OfBusiness aims to be the first startup with a $100 million Profit After Taxes (PAT), reporting Rs 463 crore profit with revenues surpassing Rs 15,000 crore in FY23. Mohapatra's focus on profitability in each transaction faced opposition but reflected the influence of revenue-generating concepts from his mother, a physics professor. Mohapatra's wife, a co-founder, played a crucial role in supporting their vision and belief in financial success. Asish Mohapatra OfBusiness #Entrepreneurship #OfBusiness #SuccessStory #FinancialGrowth #StartupJourney #Innovation #BusinessSuccess #ProfitMilestone #businessnews #asishmohapatra

Nvidia's China-Only GPU: Releases GTX 4090 D chip with 10% fewer processing cores for Chinese gamers, complying with U.S. export controls. Export Control Compliance: Nvidia produces scaled-down versions for China to adhere to U.S. restrictions on chip exports. GeForce 4090 D Chip: Developed in collaboration with the U.S. government, shipping to Chinese customers from January 2024. AI Accelerators: Despite restrictions, the 4090 D chip is not optimized for advanced AI workloads; Nvidia's AI accelerators like Nvidia H100 serve that purpose. Market Performance: Nvidia's stock value triples in 2023, surpasses $1 trillion market capitalization, reassures strong demand for its AI products. NVIDIA #Nvidia #GPU #China #USExportControls #GeForce4090D #AI #TechNews #Semiconductors #BusinessNews #gamers

Kailash Katkar, co-founder of Quick Heal Technologies, rose from a small village to become a successful entrepreneur. Born in Maharashtra, India, Kailash faced financial hardships but maintained big dreams. Despite limited educational opportunities, Kailash explored technology, starting with a job at a repair shop. In the mid-1990s, Kailash and his brother founded Quick Heal Technologies in Pune, capitalizing on the emerging antivirus market. Garage Startup: Quick Heal started in a small garage, facing challenges due to limited funds and infrastructure. The development of the "Quick Heal" antivirus software in 1995 marked a turning point, gaining recognition for its effectiveness. Quick Heal expanded its cybersecurity solutions for individuals and businesses, staying ahead of cyber threats. Quick Heal went public in 2016, a significant milestone in Kailash's entrepreneurial journey. The company, a market leader in India, expanded globally, highlighting Kailash's vision and business acumen. Kailash Katkar's story inspires aspiring entrepreneurs, showcasing the transformative power of entrepreneurship. Quick Heal Kailash Katkar #entrepreneurship #QuickHeal #SuccessStory #Cybersecurity #Innovation #BusinessJourney #Inspiration #kailashkatkar

Google may potentially lay off 30,000 employees in its ad sales division. The restructuring is driven by Google's focus on leveraging AI for operational efficiency, particularly in the ad sales team. The integration of AI in customer care services is expected to affect human-centric jobs in the department. Sean Downey, head of ad sales for major accounts in the US, revealed the plan to reorganize the ad sales team but didn't mention layoffs. Google had announced AI-powered ads earlier, aiming to simplify campaign creation and Search ads. Google had fired 12,000 employees earlier in 2023, citing the need to address global shifts and challenges. #Google #Layoffs #AIIntegration #AdSales #ArtificialIntelligence #JobCuts #TechNews #GoogleIndia #ai

Microsoft's AI Copilot App: Launched for Android, available on Google Play Store, offering chatbot capabilities and access to OpenAI's GPT-4 model. Similar to OpenAI’s ChatGPT, offers chatbot capabilities, image generation through DALL-E 3, and text drafting for emails and documents. Accessible within Microsoft Edge browser for Android, SwiftKey, Skype, and more. Microsoft recently rebranded Bing Chat to Copilot, expanding its capabilities. Collaborates with AI-based music platform Suno to enhance Copilot's capabilities. Microsoft plans to add new features to Copilot, including OpenAI's latest models. Microsoft Satya Nadella Microsoft for Startups #Microsoft #AICopilot #AndroidApp #OpenAI #GPT4 #TechnologyNews #ChatGPT #OpenAI #satyanadella #AInews #businessnews

Tesla robot attacks engineer at Texas factory, causing an open wound. Incident occurred during software programming; witnesses report blood trail. Tesla has not officially commented on the accident or injuries. The report suggests safety lapses due to management's demand for speedy production. Records reveal instances of heavy machinery accidents and worker exposure to toxins. Injury reports to OSHA indicate a significant number of worker injuries at Tesla's Texas factory. Elon Musk recently showcased Tesla's humanoid robot, Optimus, in a video. #Tesla #RobotAttack #SafetyConcerns #WorkerInjuries #ElonMusk #Optimus #ainews