| | AUGUST 20268BITS School of Manage-ment (BITSoM), under the aegis of BITS Pilani, unveiled BITSoM VERTEX, a premier AI incubator developed in partnership with LENZ, a leading Silicon Valley AI Inno-vation Studio. The incubator is designed to catapult emerging AI startups into high-growth, enterprise-ready AI businesses.Through this initiative, BITSoM will support founders in moving beyond MVPs to build enterprise-validated, highly scalable AI products and busi-nesses. Critical growth barriers include securing enterprise pilot opportunities, separating AI products from AI wrappers, vali-dating market demand, refining business models, and preparing for institutional investment. BITSoM VERTEX was specifical-ly designed to solve these exact friction points. To kick-start this journey, BITSoM is partnering with Hack2Skill to launch a na-tionwide search for India's most promising AI founders Air India has appoint-ed former Ethiopian Airlines Group Chief Executive Officer Tewolde Gebremariam as its new Chief Executive Officer and Managing Director, succeeding Campbell Wilson. The airline's Board of Directors approved the appoint-ment following an extensive global search conducted by a specialized board committee, which evaluated candidates from within and outside the organiza-tion.The board sought a leader with experience in manag-ing major airline recoveries, strengthening operational performance, improving safe-ty and service standards, and delivering profitable growth. Gebremariam's track record of transforming Ethiopian Airlines into Africa's largest and most profitable airline group made him the preferred candidate to lead Air India through its next phase of expansion, the airline said, bringing extensive lead-ership experience to Air India's ambitious growth plans. BITSOM DEBUTS VERTEX TO BRING SILICON VALLEY INNOVATION TO INDIAAIR INDIA APPOINTS GEBREMARIAM AS CEO & MDNEWSROOM AVIATIONEDUCATION & AIEmami Agrotech Ltd, the food division of Emami Group, has entered India's Rs.50,000-crore-plus packaged snacks market, with plans to build a Rs.400-crore green-field food production facility in West Bengal. The move marks the com-pany's expansion beyond edible oils, staples, and spices into the fast-grow-ing snacking segment, which offers higher margins and potential to improve profitability.Under its new WeMe brand, the company has introduced potato chips, Jhuri Aloo Bhaja, and choco-late hazelnut spread in Rs.10 packs. The products will initially be avail-able in Kolkata before expanding to other markets. The initiative is part of Emami Agrotech's strategy to build a broader food business, strengthen its overall value, and capitalize on India's rapidly grow-ing packaged snacks industry while diversifying revenue streams. EMAMI AGROTECH ENTERS SNACKING MARKET, INVESTS RS.750 CROREFOOD & BEVERAGE
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