Ajay Piramal does it again, sells data analytics business for a profit of Rs 3,350 crore

Piramal group chairman Ajay Piramal has done it again – the art of investing in profitable future businesses and exiting at the right time with handsome profits. Piramal, who bought the US-based health information company Decision Resources Group (DRG) for $635 million (then valued at Rs 3,400 crore) in May 2012, today announced to sell it to the US-based […]

What’s the Inspiration for a Game Where You Can Play as a Piece of Poop? “I Like Objects More Than Human Beings”

‘Wattam’ creator and director Keita Takahashi explains that video games are not necessarily a passion or a part of his everyday life, but he “has many contradictions” in his mind. From developer Funomena and publisher Annapurna Interactive, Wattam is a whimsical adventure featuring a host of worldly inhabitants that frolic, hold each other’s hands, dance and solve […]

Anand Mahindra and art of right-brain business

M&M executive chairman Anand Mahindra has announced that he will become the non-executive chairman of the company effective April 1, 2020. (Photo: Reuters) Anand Mahindra studied filmmaking and architecture before doing a post-graduation in business, and is the rare ‘right-brain’ industrial tycoon who carries his sense of aesthetics and the arts with élan. And these […]

India assures renewable developers of pro-business policies

New Delhi: The government has assured renewable energy developers of providing more business-friendly environment and policies like payment secuirty mechanism to lower risk on investment. “Government is committed to managing curtailments to enhance the ease of doing business for developers in the renewable energy sector,” New and Renewable Energy Secretary Anand Kumar said on the sidelines of […]

Works by ‘father of New Wave typography’ on exhibit in Taipei

TAIPEI (Taiwan News) — An exhibition featuring the signature works of internationally renowned graphic designer and typographer Wolfgang Weingart is taking place in Taipei until Jan. 9, 2020. Wolfgang Weingart is known as the father of New Wave, or Swiss Punk, typography. His creativity and persistence have inspired tens of thousands of designers. His book […]

For the sake of fun or inspiration? Dyson to set up its global HQ at Singapore’s former nightlife hub

SINGAPORE: Electric appliance pioneer Dyson said Friday its new global headquarters will be in a sprawling, colonial-era Singapore building originally constructed as a power station and until recently used as a nightlife complex. British inventor James Dyson’s company, famous for its bagless vacuum cleaners, announced this year it was shifting its headquarters from England to the city-state to be closer to Asian […]

Mongabay at 20: Two decades of news and inspiration from nature’s frontline (commentary)

Nearly 25 years ago, I had an experience that dramatically altered my life’s course, and ultimately inspired me to establish Mongabay, which with more than 4 million monthly readers is now one of the world’s most widely read conservation news publications. When I was in high school, I had the great fortune to visit a […]

IL&FS gets creditors’ approval for sale of education business

IL&FS Group, on November 12, said it has received approval from creditors for sale of education business to Career Point Publications (CPPPL). Schoolnet India Ltd (erstwhile IL&FS Education & Technology Service) would be sold to CPPPL. The Committee of Creditors (CoC) represents all the financial creditors to IL&FS Ltd, the holding company of the IL&FS […]

The human brain: A source of inspiration for artificial intelligence solutions

Artificial Intelligence (AI) is fast gaining ground as the next big disruptor in the Media & Entertainment (M&E) industry. Over the last year, content creators across the globe have actively begun to adopt AI tools in order to enhance efficiencies, unlock revenue opportunities and deliver interactive viewing experiences. The uptake has already started in sports production […]