Since joining Axis Max Life in February 2024 as Chief Distribution Officer, Sumit has played a crucial role in driving the company’s growth and achieving important milestones. Under his leadership, the company moved up to the fourth position in the life insurance market during the financial year 2024-25 and entered the top three among private insurers in the second half of the year.
Category: Business
Delta plans nonstop flights between Atlanta and New Delhi after COVID hiatus
The new route will connect Hartsfield-Jackson Atlanta International Airport, Delta’s main hub, with New Delhi. The flight will cover approximately 12,785 kilometres, making it one of the longest nonstop routes in Delta’s global network. The service aims to improve access between the southeastern United States and India.
Report finds only 47 percent of tech firms seeing strong ROI from AI investments
In India, the outlook is especially positive. According to the findings, 81 percent of technology companies in the country are planning to systematically integrate AI into their products and services over the next year. This indicates a shift towards becoming truly intelligent enterprises.
Microsoft’s Satya Nadella finally breaks silence on 6,000 job cuts and there is an AI connection
Satya Nadella breaks silence on laying off 6,000 employees and said it was more related to organisational restructuring
Microsoft cuts hundred jobs after removing 6,000 last month
IT major Microsoft on Tuesday announced that an additional 300 people have been laid off
Nissan rolls out CNG retrofitment kits for Magnite in seven Indian states
The CNG kit has been fully developed, manufactured and quality assured by Motozen, a third-party company, in accordance with the regulatory standards of the country. Motozen will also provide a warranty for the components of the kit.
Sting Energy joins Formula 1 as official energy drink partner
The collaboration has already made waves in the world of motorsport, not through a traditional sponsorship rollout, but through a viral and sound-driven moment that captured global attention even before the official reveal.
Myntra expands to Singapore, targets Indian diaspora with Myntra Global
Orders placed on Myntra Global will be shipped from India and delivered in approximately 4 to 7 days, supported by third-party cross-border logistics partners, reports said.
Singapore Airlines group posts record SGD 2.8 billion net profit, boosted by Air India-Vistara merger
Giving a summary of the company’s financial statement, a SIA press release said that the SGD 2.8 billion net profit was “boosted by the one-off non-cash accounting gain of SGD 1.1 billion from the Air India-Vistara merger”.
TPG to buy 35 percent stake in SCHOTT Poonawalla from Serum Institute of India
SCHOTT Poonawalla is a joint venture between SCHOTT Pharma and SII, part of the Cyrus Poonawalla Group.
