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India.com
44 minutes ago
- Business
- India.com
After Xiaomi, Manu Jain's next BIG bet of Rs 119750820000 on India to achieve its…, G42 to enter in…
Focus on artificial intelligence has increased rapidly worldwide. G42, based in Abu Dhabi, founded in 2018 is also building an AI portfolio in the Middle East. G42 is working on healthcare and climate science, space exploration and high-performance computing. Now the company is focusing more on India with its new plans for the country. The man who will lead it is Manu Jain, one of the big faces in Indian technology. As CEO of G42 India, Jain is now handling G42's India plan. He is already famous in India for building Xiaomi as a big smartphone brand in India. Jain was appointed at G42 in October 2023 as a shift in the company's India strategy. Jain has been already working for G42's entry into India's AI ecosystem. 'After building the largest smartphone company, we are here to create real impact using AI,' said Jain, reported Economic Times. Why Is India Important For G42? In an interview given to Economic Times Jain said, ''India has potential to become an AI superpower.'' The Indian government is working on catching up to this AI boom. Country has already launched the Rs 10,300-crore India AI Mission in 2024, which is considered as India's AI strategy. The government has shortlisted seven companies to procure around 15,000 advanced GPUs for its AI mission. 'Despite having a rapidly digitising economy, it (India) still lacks the basic building blocks required for large-scale AI innovation. That's where we come in,' says Jain to ET and added that G42 has committed to the Government of India to assist in laying down foundational infrastructure in three core areas data centres, computer clusters, and AI models. Abu Dhabi's G42 is betting $10 billion globally and India is also in focus in this plan. Jain led the plan, the company with the help of global expertise going to advance India's AI narrative. G42's India push is part of a broader $10 billion global expansion fund launched in 2025 and it is supported by the Abu Dhabi Growth Fund (ADG), which invests in late-stage tech companies and AI-driven platforms. G42 states that its entry is on right time when India started defining governance models for responsible AI development.
Economic Times
an hour ago
- Sport
- Economic Times
French Open: Emma Raducanu's journey ends with a heavy defeat to Iga Swiatek
Live Events Other matches (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Britain's Emma Raducanu 's promising French Open campaign came to an abrupt end on Wednesday(May 28) after a commanding 6-1, 6-2 defeat to defending champion and four-time Roland-Garros winner Iga Swiatek From the start of the match, it was clear this would be a tough day for Raducanu. Despite a competitive opening few games, Swiatek quickly turned up the pressure, using her powerful groundstrokes and superior court coverage to pull Polish star, who has now won 23 consecutive matches at Roland-Garros dating back to 2022, broke Raducanu's serve twice to close the first set 6-1. The second set saw a similar pattern, with Swiatek breaking early and finishing the match with Britain's No. 2 player, acknowledged the challenge of facing a player of Swiatek's caliber. 'I think every time we have played she plays really well,' Raducanu said. 'It kind of puts really a lot of pressure on from the beginning, makes me feel like I have to maybe do something extra or I just don't know what to do in the moment.'This match was a tough replay of their Australian Open meeting earlier this year, where Raducanu won only a single game against Swiatek. 'It just shows, I guess, the distance that I have to improve,' she added journey at Roland-Garros, though brief this time, reflects the growing pains of a young player on the rise. After capturing global attention with her stunning 2021 US Open title as a qualifier, expectations have been high. But as she transitions from teenage prodigy to a consistent contender, matches like this are valuable the loss, Raducanu remained upbeat about the future. 'I don't feel demotivated,' she said. 'Since Miami, I've really started building some momentum compared to where I came from at the start of the year, and it makes me just want to keep going after a couple of days off and then get on the grass.' Raducanu will now turn her attention to the grass-court season, with Wimbledon just weeks Swiatek, the victory solidifies her status as the dominant force on clay. The 23-year-old Polish star, who won the French Open in 2020, 2022, 2023, and 2024, said, 'I honestly just love playing here, this place really inspires me and makes me work harder.' She admitted the tricky wind conditions required some adjustment but felt confident other notable results on Wednesday(May 28) included Italian fourth seed Jasmine Paolini and China's Qinwen Zheng advancing to the third round. On the men's side, defending champion Carlos Alcaraz cruised into the next round, while Norway's Casper Ruud suffered a shock defeat.
Time of India
an hour ago
- Entertainment
- Time of India
Meet Virat Kohli's close friend Manish Vaid: The engineer-turned fashion designer who walked the Cannes red carpet with Urvashi Rautela
When Urvashi Rautela walked the red carpet recently, all eyes were on her bold outfit, but even more attention was drawn to the man by her side. Stylish, composed and full of flair, he wasn't a Bollywood star or cricketer. He was Manish Vaid, a fashion designer. He's not just a red carpet regular or a creative mind behind showstopping gowns. He's also Virat Kohli 's close friend and a man who once traded engineering manuals for runway sketches. His life story reads like a film script, from Nagpur to Paris. But who really is Manish Vaid? Manish Vaid hails from Nagpur and began his professional life as a mechanical engineer. He earned his degree from Nagpur University and followed it up with an MBA, before diving into studies in e-commerce and international business. According to Passionvista, his shift to fashion began in 2014, when he decided to leave behind the world of numbers and machines to follow his creative passion. He kickstarted his fashion journey in Los Angeles, far from the classrooms and textbooks of his earlier life. Rising in the world of fashion Since taking the plunge into fashion, Manish Vaid has made a name for himself on some of the biggest global stages. He has showcased his designs at major international fashion weeks including Paris, Dubai, Los Angeles, and Miami Swim Week. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Trading CFD dengan Teknologi dan Kecepatan Lebih Baik IC Markets Mendaftar Undo In 2019, he made it to the Designers Lounge during the Daytime Emmys, a big moment that helped cement his place in high-end couture. A surprise Bollywood-Hollywood crossover Vaid's design talent hasn't just been recognised in fashion circles. His work also made it to Hollywood. His creations were featured in the film 'Murder Mystery 2', starring none other than Adam Sandler and Jennifer Aniston , as reported by Economic Times. One of the most surprising and talked-about parts of Manish Vaid's story is his connection with cricket star Virat Kohli. While Vaid keeps a low profile about his celebrity friendships, his bond with Kohli has not gone unnoticed. He is followed by Virat Kohli on Instagram, a platform where follow-backs from stars like Kohli are rare and often meaningful. But more than that, as per Economic Times, Kohli once took to social media on Manish's 50th birthday to publicly express how much he values their friendship. The cricketer wrote that Vaid is a 'very helpful' person and described him as a 'long-time confidante', a touching shout-out that shows how deep their bond runs. Urvashi, Ridhima & Sana Shine At Ayaz-Zeba Wedding Check out our list of the latest Hindi , English , Tamil , Telugu , Malayalam , and Kannada movies . Don't miss our picks for the best Hindi movies , best Tamil movies, and best Telugu films .
Time of India
6 hours ago
- Business
- Time of India
Trump gets angry at reporter over 'TACO Trade' tariff question, here's what happened
FAQs Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Donald Trump became angry with a reporter who asked about a term being used on Wall Street. The term is 'TACO trade,' which stands for 'Trump Always Chickens Out' on tariffs. The reporter said this is why the stock markets were doing well that week, as per asked Trump, 'What's your response to that?' Trump misheard at first and replied, 'I kick out?' The reporter corrected him and said, 'Chicken out.' Trump said, 'I've never heard that.' He got defensive and said his tariff threats were part of negotiation, according to the report by explained, 'You set a number, if I set a ridiculously high number, I go down a little bit, they want me to hold that number. 145% tariff.' He claimed the high tariff made trade stop, and that he knew it would stop trade, but it was a tactic. Trump said, 'Don't ever say what you said. That's a nasty question.' Trump said his tariffs got China and the European Union to come to the negotiation table, as mentioned in the after U.S., China talks, the U.S. agreed to lower the tariff to 30% for 90 days. China also brought down their tariff to 10% as part of the deal. This whole incident happened in the Oval Office after Jeanine Pirro was sworn in as interim U.S. attorney for D.C where Trump was talking to stands for 'Trump Always Chickens Out,' a term used by some Wall Street didn't like being told people think he backs out of tariff threats.
Time of India
6 hours ago
- Business
- Time of India
Former Paytm COO Bhavesh Gupta joins fintech startup BillCut as co-promoter
(You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Former Paytm President and Chief Operating Officer Bhavesh Gupta has joined fintech startup BillCut as a co-promoter and strategic advisor. BillCut also announced that Visham Sikand , founder of Goals101, has joined in a similar role. Both have additionally come on board as strategic investors.'I'm thrilled to be part of this exciting opportunity with the BillCut team. I'm truly excited to join this journey alongside Sachin Mandon, Tanish Sharrma, Alabhya Pandey, and Ashray Sethi, and to support BillCut's mission to transform how Indians manage and reduce their bills,' said Bhavesh Sikand, who had invested in BillCut during its early phase, will now take on a more direct role in its Mandon, Co-founder of BillCut, said, 'Bhavesh's joining is a step forward for us as it adds experience and belief to our mission. Our mission at BillCut is to empower people by giving them control over their finances.'Tanish Sharrma, also a co-founder, said, 'Millions of Indians are stuck in debt cycles driven by high-interest credit cards and loans. BillCut offers them a smarter way out — by helping them refinance at better terms. With Bhavesh joining us, we're excited to expand this solution across the country.'
