Vodafone-Idea, Digital Health App, Opera, Facebook, Blackstone, etc.

Author

Vaishali Sharma
April 04, 2024

 Boosting the Battle: Vodafone Idea's Rs 20,000 Crore Boost for 5G Rollout

  • Shareholders' Approval: Vodafone Idea gets nod to raise Rs 20,000 crore through equity and equity-linked securities.

  • Extraordinary General Meeting: Conducted on April 2, 2024, via video conferencing to approve the fundraising.

  • Financial Strategy: Aims to collect Rs 45,000 crore in total, combining equity and debt, to compete with Jio and Bharti Airtel.

  • Financial Challenges: Struggles with a debt of Rs 2.1 trillion, ongoing losses, and subscriber decline.

  • Operational Growth: Despite financial issues, reports growth in 4G subscriber base and ARPU for ten consecutive quarters.

  • Reduced Net Loss: Vodafone Idea's consolidated net loss decreased in the December quarter.

Track Your Health with Britannia’s New NutriPlus App in India

  • Britannia NutriChoice launches the NutriPlus app in India, entering the health tech industry.

  • The app, developed with Aktivo Labs, offers evidence-based solutions for consumer wellness.

  • NutriPlus is subscription-free, available on major app stores, and launched on World Health Day.

  • It features a "NutriScore" providing a health overview based on exercise and sleep.

  • The app operates without wearables and gives weekly health assessments with tailored insights.

  • Users can download the app via QR codes on NutriChoice products, with 35 thousand downloads since its initial launch.

  • Future updates will include AI-driven diet planning and support for regional languages.

Briefs, You Can’t Miss:

  1. Economic Boost: World Bank Predicts 6.6% Growth for India in FY25.

  2. Government Achieves 2023-24 Tax Goal of Rs 34.37 Trillion.

  3. FY25 Sees IPOs Aiming for Rs 1 Trillion Fundraising Goal.

  4. HCLTech’s Gemini Project: 25,000 Engineers to Boost GenAI Solutions.

  5. Boosting Energy Security: India to Construct Commercial Oil Reserve.

  6. Vistara’s CEO Vinod Kannan Assures Reduced Instability This Week.

  7. Appario, Amazon India’s Largest Retailer, Now Under Clicktech’s Wing.

  8. AI Revolution: Samsung Introduces Smart Home Appliances Line.

World Briefs

  • Pakistan Poverty Alert: 10 Million Could Fall Below Poverty Line, Warns World Bank.

  • Bernard Arnault Tops Forbes 2024 Richest List with $233 Billion.

  • Blackstone Commits $2 Billion Annual Investment in India, Seeks Faster M&A Approvals.

  • India-Eurasian Economic Union: A Step Towards Formal FTA Negotiations​.

  • Amazon Web Services Reduces Workforce, Hundreds in Tech and Sales Affected.

  • Opera’s New Feature: Local LLM Downloads for Enhanced Browsing.

  • Facebook’s TikTok Counter: A New Vertical-First Video Player.

AI Briefs

  • AI at Your Fingertips: Brave Launches Assistant for iOS Devices.

  • EU and US to Collaborate on AI Safety and Research Initiatives.

  • New in AI: Snap’s Ex-Chief Launches Higgsfield to Rival OpenAI’s Sora.

  • Over 200 Musicians Urge Tech Firms to Limit AI in Creative Processes.

  • Xbox Tests AI Chatbot for Customer Support and Refunds.