Current Affairs - Business

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.

Vedanta's subsidiary, Western Cluster Ltd (WCL), a fully-owned entity of Vedanta Ltd., intends to invest $2 billion in Liberia to enhance the country's mining sector and overall economic development. This investment initiative reflects Vedanta's strategic commitment to expanding its operations in West Africa, specifically aimed at socio-economic upliftment in Liberia under the government's developmental agenda.