Current Affairs - Business

Surya Kant, a key leader from Tata Sons, has joined the Board of Directors of the US India Strategic and Partnership Forum (USISPF). Known for his influential role in expanding TCS's North American operations significantly, Kant's appointment underscores his expertise in fostering strategic partnerships and business growth between India and the United States. His leadership in scaling TCS's revenues and securing major sponsorships, such as the New York City Marathon, highlights his capability to drive impactful initiatives on a global scale.

The Adani Group, chaired by Gautam Adani, has been announced as the principal sponsor for the Indian contingent at the 2024 Paris Olympics. This sponsorship signifies a significant commitment by the conglomerate to support Indian athletes and promote national pride through sports. The #DeshkaGeetAtOlympics campaign launched by Adani Group aims to celebrate the dedication of Indian athletes and inspire patriotic fervour among the public, highlighting the importance of representing India on the global stage of sports.

Bharat Petroleum Corporation Limited (BPCL) has partnered with the Indian Olympic Association (IOA) as the Principal Partner for four years, supporting the Paris Olympics 2024 and Los Angeles Olympics 2028. BPCL, headquartered in Mumbai and under the Ministry of Petroleum and Natural Gas, plays a significant role in this sponsorship, highlighting its commitment to promoting sports and athletes on an international stage.

Paytm has introduced the 'Health Saathi' plan, a healthcare and income protection initiative aimed at its merchant partners. Priced affordably at ₹35 per month, this plan offers benefits such as unlimited doctor teleconsultations, coverage against business interruptions, and discounts on pharmacy purchases and diagnostic tests. Available through the 'Paytm for Business' app, this initiative underscores Paytm's commitment to supporting the well-being and business continuity of its extensive network of merchants, providing essential healthcare services and financial protection tailored to their needs.

Nvidia, a prominent American technology company specializing in GPUs and AI hardware, recently achieved the status of the world's most valuable company, surpassing Microsoft. This milestone reflects Nvidia's significant market capitalization growth driven by its leadership in AI technologies and chip manufacturing.