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DAVOS 2019
Is Microsoft’s relationship with OpenAI frosty? Salesforce's Marc Benioff says friendship cracked when Satya Nadella hired Mustafa Suleyman, rival of Sam AltmanThe relationship between Microsoft and OpenAi has reportedly become frosty with passing days and recent developments revealed that Salesfor...- Brazil prez Luiz Inacio Lula da Silva removes military guards at presidential palaceLast week, Lula told reporters that security force members were complicit in letting a mob of supporters of far-right former President Jair...
- Notes from Davos: Defining themes at this year's DavosSome of key words recurring at Davos this year are: ESG, Green Energy, Green Hydrogen, Geopolitics, Pandemic, Inflation, Energy cost, Metav...
- India is looking to create its own Davos for bigger global roleThe move will help create a niche for Asia’s third-biggest economy within the international financial system.
- MP govt spent Rs 1.6 crore for stay of Kamal Nath, 3 officers in Switzerland: RTIThe delegation of Madhya Pradesh government participated in the exclusive business lounge in Davos.
- Industry needs export incentives, lower cost of doing business: Pawan Goenka, M&MCapacity utilisation has gone up and cos are looking at adding capacity, says Goenka.
- Expect Modi to win and be a lot more prudent this time: John Studzinski, PIMCOWe are very much in what I would call a geopolitical recession, says PIMCO MD
- We will have to rework our pricing strategy: Pawan Munjal, Hero MotoCorpI am hoping things will get better as there should be a lot of pent-up demand, says Munjal.
- Global Business Summit can be the Davos of the East: Vineet Jain“Our mission is for GBS to establish itself as the Davos of the East. It may not snow in Delhi but the sun is shining on the world’s fastes...
- WEF lists 33 ways Davos 2019 made an impact on the worldThe WEF listed Prime Minister Shinzo Abe of Japan committing his country's G20 Chairmanship to launch an agenda for global data governance.
- India Inc has a lot to learn at Davos 2019: CII Director GeneralCII itself has been associated with the WEF Davos summit for nearly 40 years now, the industry chamber's director general said.
- 10 days after Pandya-Rahul suspension, Karan Johar says he feels responsible; wants to undo damageThe director says that he has had sleepless nights over how the episode played out, in real life.
- Davos 2019: What global elites said on Modi, market & macrosETMarkets.com has pieced together the bytes at the World Economic Forum (WEF) in Davos.
- Fed has to rethink tightening: DalioConcern over the outlook for the world economy shaped the first day in Davos.
- ‘As second largest oil consumer, India can put pressure to ensure a balanced oil price’We need to make a bigger pitch and the voice should be heard, says GAIL's BC Tripathi.
- The time of India has come and nobody can stop it: Sajjan Jindal, JSW GroupIn the last five years, we have not seen any real big bad news, says chairman of JSW Group.
- Cognizant CEO Francisco D'Souza named chairman of WEF IT and Electronics Governors community"I look forward to working with my peers to identify our agenda and advance key industry initiatives in 2019," D'Souza said.
- IMF forecasts India GDP at 7.5% in FY20 and 7.7% in FY21India’s GDP is forecast to expand 7.5% in FY20 and 7.7% in FY21. China’s growth is seen at 6.2% in both the years.
- India needs to have a decisive government that is also inclusive: Sanjiv BajajThis year the focus is again on what is called the fourth industrial revolution, says Bajaj.
- India still in 'middle class' in ease of doing business: WEF chiefIndia is ranked ranked the 58th among 140 countries, which is five places up over 2017.
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