WOMEN IN INDUSTRIES
Colette Kress, the CFO who challenged Huang's bets, is Nvidia's interim CEO
Colette Kress has been named interim CEO of Nvidia following Jensen Huang's resignation due to controversy. Kress has historically opposed Huang's risky financial strategies and has a stabilizing influence on the company. Investors are uncertain whether Kress can maintain Nvidia's innovative spirit in an interim role. Speculation surrounds her potential responsibilities regarding the company's chip sales and relationships. The search for a permanent CEO continues amidst fluctuating stock market responses.
Microsoft dethrones Jensen Huang's Nvidia, then faces 18-hour global outage entering second day: What went wrong?
Microsoft recently became the second-most valuable company globally, overtaking Nvidia amid market turmoil. Nvidia's value dropped significantly due to a negative outlook on AI and leadership scandals. Concurrently, Microsoft experienced a major global outage affecting services like Outlook and Teams for over 18 hours. This disruption impacted various government and airline services across multiple countries. While recovery is underway, some users may continue to experience intermittent issues.
After joining the USDA in 1953, chemist Ruth Benerito helped develop wrinkle-resistant cotton that made clothes easier to wash and wear without ironing
Ruth Benerito transformed the cotton industry with her innovative work on wrinkle prevention and fabric durability. Her breakthroughs led to the creation of stain-resistant and flame-retardant cotton used widely in various sectors. Overcoming numerous challenges post her scientific journey, she also made vital contributions to medical advancements during the Korean War, leaving a lasting legacy that still shapes contemporary fabric technology and clothing today.
Dinaz Vervatwala x The Economic Times
Dinaz Vervatwala established Dinaz's Fitness, a unique women's fitness studio in Hyderabad, back in 1993. Transitioning from a career as a chartered accountant, she emerged as a prominent fitness trainer and wellness coach. Dinaz advocates for a holistic view of wellness, blending mental health and sustainable practices, drawing on her personal journey after overcoming a traumatic accident that instilled in her the values of resilience and consistency.
Smaller MFIs change tack: No onlending, just routing funds
India’s microfinance sector is seeing a structural shift as funding constraints and mounting stress push smaller lenders away from direct lending towards business correspondent models. With bank funding and fresh equity drying up, lenders are increasingly pursuing off-balance-sheet growth and earning fee income by acting as agents for banks. Industry leaders say the traditional joint-liability group lending model is losing relevance as borrowers gain access to multiple formal and digital credit options.
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Will Lori Huang become the world’s richest woman if she divorces Jensen Huang as reports of a third affair swirl?
Lori Huang finds herself in a tumultuous situation as rumors of Jensen Huang's extramarital affairs swirl. The prospect of divorce looms large, raising questions about the fate of his immense wealth. Under California's community property laws, assets acquired during their marriage could be equally divided, potentially positioning Lori among the wealthiest women in the world. Many are drawing parallels to other notorious divorces, such as that of Jeff Bezos.
What will happen to Kimberly Powell after Jensen Huang's resignation from Nvidia?
The resignation of Jensen Huang from Nvidia has cast shadows over Kimberly Powell's position in the company. Allegations arise suggesting that both individuals had extramarital affairs, complicating the narrative. Huang admitted to infidelity but refrained from naming anyone, while Powell, an 18-year Nvidia veteran who heads the healthcare division and supports AI in medicine, faces uncertainty. Nvidia remains silent on her job's future amidst this controversy.
Colette Kress for now, but who next? Inside the race to become only the second CEO in Nvidia’s history
As Jensen Huang steps down as Nvidia CEO following two controversies involving his reported relationships with two women, the question is, "who will lead the AI chipmaker next?" Nvidia has named CFO Colette Kress as interim CEO, but who could get the job permanently? From Ian Buck to Rene Haas, several names are now in the succession discussion. Here is the story behind the new race to become only the second CEO in Nvidia’s history.
Karnataka weighs AI infra, funding push for women-led startups after founder feedback
The Department of Electronics, IT & Biotechnology hosted a Women Entrepreneurs' Mixer on Thursday, bringing together startup founders and ecosystem leaders to discuss the challenges of building and scaling technology, DeepTech and biotechnology ventures.
Sundar Pichai tops HSBC Hurun Global Indians List as Alphabet overtakes Microsoft
Sundar Pichai, the CEO of Alphabet, heads the HSBC Hurun Global Indians List 2026, marking a staggering company valuation of $4.2 trillion. Featuring 236 leaders of Indian descent, the collective value of these companies reaches an impressive $15 trillion. Noteworthy is the growth in artificial intelligence, boasting 18 companies valued at $227 billion.
ET AI Awards 2027 are here: Discover if your AI innovation is ready for the spotlight of a national stage!
Celebrating the future of technology, the ET AI Awards 2027 acknowledges key innovations and leadership in AI from various industries in India. With an impressive array of over 40 categories, these awards emphasize the importance of AI developments by startups, SMEs, and large enterprises, offering a valuable stage for recognizing their contributions to the AI ecosystem.
‘Billionaires with wives of Chinese origin’: Jensen Huang’s scandalous life sparks viral social media lists. Who features?
NVIDIA CEO Jensen Huang has come under fire following his confession of an extramarital affair with Kimberly Powell. This admission ignited discussions on social media about the patterns of billionaires forming relationships with women of Chinese descent. Renowned billionaires like Larry Ellison and Rupert Murdoch share similar stories. Moreover, tech moguls such as Mark Zuckerberg and Eduardo Saverin are also in partnerships with Chinese partners.
Manoj Bajpayee on Bollywood's underworld security threats: Why Tiger Shroff became an unexpected target in firing incident
Manoj Bajpayee has spoken about the changing nature of threats against Bollywood celebrities following the firing incident outside Tiger Shroff's Mumbai home. Explaining why the situation is different from the industry's underworld era, he pointed out that people targeted in such attacks may not always be the intended victims. The investigation has also raised questions about the safety of several prominent actors, including Salman Khan.
NYU Stern MBA applications fall 16.3 per cent as acceptance rate rises to 32 per cent
New York University’s Stern School of Business received 4,130 applications for its full-time MBA Class of 2028, a 16.3 per cent decline from the previous year. Despite fewer applications, the school admitted a record 1,309 candidates, taking its acceptance rate to 32 per cent, the highest in six classes. However, only 321 students enrolled, pushing the admission yield down to 24.5 per cent.
MSME Ministry reviews CPSE procurement from SC/ST enterprises to meet mandated target
A total of 30 public sector undertakings, including Bharat Heavy Electricals Limited, Bharat Electronics Limited, NTPC, Airports Authority of India, BEML, and Coal India Limited, attended the consultations.
India garment makers rethink reliance on US after tariff shock
Many Indian companies are reconfiguring their export destinations, and their exposure to the US, in light of the tariff shock, in a move that is likely to strengthen New Delhi's hand in its trade negotiations with Washington, and potentially reduce India's vulnerability to US pressure over time.
Who is Renu Desai? Pawan Kalyan’s ex-wife returns to Tamil cinema after 26 years with Dhanush’s Om Chapter 1
Renu Desai is making a triumphant return to Tamil cinema after 26 years, landing a role in Dhanush's much-anticipated film Om: Chapter 1- Udhiram: The Blood Wood, set for release soon. Dhanush has adjusted the release schedule to avoid a clash with another major film. The project boasts a diverse cast from multiple industries, but details about Renu's character are still under wraps, generating buzz among fans.
8 outlets across Hyderabad in 8 years after quitting her IBM job: Techie turns her love for desserts into a thriving business
Sahithya Raj quit her SAP BI consultant job at IBM in December 2017 to turn her love for baking into a business. Starting with brownies and cupcakes from her apartment kitchen, she gradually expanded production, secured Rs 1.3 crore in funding and built a boutique bakehouse brand with eight locations across Hyderabad. She was recognised at Times Power Women 2026.
ET F&B Conclave North India 2026: Celebrating the leaders, innovators and iconic brands shaping India's hospitality industry
ET Food and Beverage Conclave North India 2026 was recently held in New Delhi to honor industry achievers. Prominent restaurateurs, hospitality leaders, and entrepreneurs attended to discuss evolving trends in the F&B sector. Various panel discussions focused on dining preferences and the global potential of Indian restaurant brands. Awards were presented to women leaders, F&B business leaders, and notable restaurant brands.
What 60 Years of Data Reveals About How Men and Women Experience Leadership
In 1965, Harvard Business Review surveyed 2,000 male and female executives to track perceptions of women in leadership. Since then, researchers have replicated that study every twenty years to gauge shifting attitudes toward women in top posts. In this latest installment, which includes responses from 193 senior U.S. executives, supported by in‑depth interviews and several new questions, researchers have found some troubling backsliding: Men and women now diverge sharply on whether women are judged more harshly, held to higher standards, and advance through genuinely meritocratic systems. The findings point not to overt hostility but to “underground bias”: informal sponsorship, subjective performance criteria, and unequal access to P&L roles. The researchers argue that organizations possess the tools to fix these gaps but have not yet summoned the will.
Supermodel Paulina Porizkova wants women to celebrate grey hair and wrinkles: 'Imagine if older beauty were respected'
Paulina Porizkova questions societal beauty standards regarding aging and promotes the appreciation of older women. She highlights how wrinkles and grey hair can represent wisdom and confidence instead of flaws. In a recent Instagram video, she challenges women to redefine beauty and embrace the aging process. Porizkova has previously discussed the invisibility of older women in society due to beauty pressures.
Surat student wins prize for tool that predicts groundwater
A Surat school student has won a national innovation challenge for developing JALAAKAR, a machine-learning project that estimates groundwater availability using borewell records, rainfall and soil data. Nine other projects were also recognised for innovations in water safety, cybersecurity, road safety, hazardous-environment protection and assistive technology.
Wigmakers have bad hair days as Tirumala tresses get dyed
At Tirumala temple in Andhra Pradesh, the collection of natural black hair has significantly decreased in recent years. This decline is attributed to younger women increasingly coloring their hair instead of donating it. Despite the drop, the overall volume of hair donations remains substantial from temple visitors.
'We'll live happily ever after, we have retirement funds, & bifocals': Why do Indian films show parents and grandparents as babysitters but rarely as people with love lives?
Why are Indian films and web series reluctant to portray parents and grandparents as people with romantic lives, desires and relationships of their own? While shows such as the US series Newlyweds explore love and intimacy among senior citizens, Indian popular entertainment often confines older characters to parental, advisory or babysitting roles. The piece examines ageism in the film industry, the limited opportunities for older female actors and the social attitudes that shape how India views romance after 60.
West Bengal's new investment policy wins industry praise for jobs, innovation and ease of doing business
Mehul Mohanka, Chairman, CII Eastern Region said, "The policy is a progressive and forward-looking framework that reinforces the State’s commitment to industrial growth and advanced manufacturing and sends a strong signal to investors.”
ET Graphics: Inside India’s factories — Jobs, pay, margins
More than 40% of India's factory workers are employed on contract, while women account for less than a fifth of directly employed workers, with jobs concentrated in a few southern states. An analysis of the Annual Survey of Industries also finds that profits claim half of factories' value added, against a third for wages.
MSME ministry, Samsung sign MoU to train 1,600 youth in electronics, appliance repair
The MSME ministry has partnered with Samsung India Electronics under a three-year MoU to train youth in electronics, mobile phones and home appliance servicing across 15 Technology Centres. The programme will initially cover 1,600 trainees, offering successful candidates three-month internships with a monthly stipend of Rs 12,000, alongside placement support.
West Bengal investment policy puts jobs first, offers up to 120% assistance to industries
West Bengal has launched a new investment promotion policy aimed at encouraging industrial growth and job creation. The policy includes substantial incentives for businesses, especially those focused on employing women and transgender workers. It offers streamlined processes for approvals and payments, enhancing efficiency for investors. Priority areas will receive higher assistance levels and a framework for regular review every three years.
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