IN THE NEWS : Nokia changes iconic logo, Rs. 16,800 crore to be disbursed, BYJU’S mulls shutting down

IN THE NEWS : Nokia changes iconic logo, Rs. 16,800 crore to be disbursed, BYJU’S mulls shutting down

GLOBAL


  • McKinsey to cut 2,000 jobs in one of its biggest layoffs
  • UK super-marts run dry on fruits and veggies, citizens being rationed.
  • Bill Gates buy 3.76% Heineken NV stake.
  • Defunct battery maker Britishvolt bought by Australian firm Recharge Industries for £4bn.
  • Sri Lanka hikes power prices by 66% hoping to gain IMF support.


INDIA ECONOMY


  • Rs. 16,800 crore to be disbursed to farmers under PM-Kisan today.
  • Indian services exports on track to cross USD 300 bn this fiscal.
  • Govt. assets worth Rs 26,000 crore monetised in FY23: NITI Aayog
  • ADB pledges $25 billion for India's infra, social and green development.
  • IOC to set up green hydrogen plants at all refineries; lines up Rs 2 lakh crore fund.


TECHNOLOGY


  • Nokia changes iconic logo after 60 years to signal strategy shift.
  • Google might bring AI text-to-image generator on Android with Gboard keyboard.
  • Twitter lays off 200 yet again, 8th round of lay-off since October 2022.
  • Indian IT, BPM firms see increasing demand for AI chatbot pilots.
  • Microsoft accidently releases Windows 11 upgrade to ineligible PCs.


STARTUP ECOSYSTEM


  • India Will Have 50 Semiconductor Startups By 2023-End: MoS Rajeev Chandrasekhar
  • Airtel In Talks With Paytm To Offload Payments Bank Biz.
  • BYJU’S Mulls Closing Down Its Loss Making Entity WhiteHat Jr.
  • Sneakers Marketplace DawnTown Raises Funding From Actor Sanjay Dutt.
  • Ant Group, SoftBank Plan To Offload Paytm Shares Through Secondary Sale: Report


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