In the news
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Sam Altman plans new AI venture as Mira Murati replaces him as CEO of OpenAI
18 Nov 2023
A day after Sam Altman was ousted as chief executive officer (CEO) of artificial intelligence technology start-up OpenAI, he is reported to have discussed a possible comeback amidst moves to start a new AI project.
Sam Altman plans new AI venture as Mira Murati replaces him as CEO of OpenAI
18 Nov 2023
A day after Sam Altman was ousted as chief executive officer (CEO) of artificial intelligence technology start-up OpenAI, he is reported to have discussed a possible comeback amidst moves to start a new AI project.
PRS Oberoi, former chairman of Oberoi hotels, passes away at 94
15 Nov 2023
PRS, who pioneered the luxury hotels business in India, also successfully expanded the Oberoi brand globally by developing Oberoi Hotels and Resorts.
Dabur Chairman Mohit Burman assures continuity in board structure following Religare acquisition
10 Nov 2023
In the wake of the Burman family office's acquisition of a majority stake in Religare Enterprises (REL), Dabur India Chairman Mohit Burman clarified in a video call on Thursday, 9 November 2023, that there are no plans to alter the existing board of the financial services company.
Piyush Goyal is scheduled for a meeting with Tesla CEO Musk to discuss potential market entry
09 Nov 2023
In a significant development, Indian Commerce Minister Piyush Goyal is scheduled to meet with Tesla CEO Elon Musk in the United States next week.
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Elon Musk’s AI startup, xAI, is to be integrated with social media platform X
06 Nov 2023
Artificial intelligence startup xAI, which was founded by Elon Musk, is going to be merged into the famous social media platform X.
Apple CEO Tim Cook hails India as an extraordinary market with abundant growth potential
03 Nov 2023
In a recent earnings call for the fourth quarter of 2023, Apple's Chief Executive Officer (CEO), Tim Cook, emphasized that India is a "major focus" for the tech giant and expressed his satisfaction with the performance of the two Apple stores opened in the country.
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Carlsberg CEO accuses Russia of corporate espionage of their Russian asset, Baltika
01 Nov 2023
In a decisive move, Carlsberg, the Danish brewing giant, has officially cut all ties with its Russian business, refusing to engage in any dealings with the Russian government that would legitimize the seizure
Carlsberg CEO accuses Russia of corporate espionage of their Russian asset, Baltika
01 Nov 2023
In a decisive move, Carlsberg, the Danish brewing giant, has officially cut all ties with its Russian business, refusing to engage in any dealings with the Russian government that would legitimize the seizure
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Tesla chief Elon Musk reveals plans to make 200,000 Cybertrucks annually
01 Nov 2023
Tesla, Inc. is setting its sights on manufacturing 200,000 units of its highly anticipated electric pickup truck, the Cybertruck, each year.
Infosys founder Narayana Murthy encourages 70-hour workweek for Indian youngsters
27 Oct 2023
Narayana Murthy, founder of Infosys, has stunned everyone by stating that India’s work culture needs to change and that the young workforce needs to work 70 hours a week to make India a global superpower.
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Social media platform X is set to test a new $1/year subscription plan
18 Oct 2023
X, formerly known as Twitter, will start a new phase of testing plans that will be more elaborate than its X Pro plan (Twitter Blue).
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Australian regulatory committee fines Elon Musk's social media platform X for child abuse prevention failures
16 Oct 2023
Elon Musk’s social media platform X has been fined by an Australian regulator for failing to cooperate with a probe into anti-child abuse practices.
Sir Jim Ratcliffe close to buy 25% of stake in Manchester United Football Club
16 Oct 2023
After months of negotiations and several bids being rejected, Qatari prince and investor Sheikh Jassim bin Hamad bin Khalifa Al Thani pulled out of the race
Keshub Mahindra, Chairman Emeritus of Mahindra Group, passes away at 99
14 Apr 2023
Keshub Mahindra led the Mahindra Group for 48 years as chairman and diversified it from a steel distributor to other industries like automobiles, IT, real estate, financial services and hospitality
Infosys Q3 net profit up 13.4% at Rs6,586 cr
16 Jan 2023
For the full fiscal Infosys raised revenue guidance to 16-16.5 per cent against the previously projected 15-16 per cent increase while retaining FY23 operating margin guidance at 21-22 per cent
AAP directed to pay Rs164-cr public funds allegedly spent on political ads
13 Jan 2023
The Directorate of Information and Publicity (DIP) has issued a notice to the national convenor of the Aam Aadmi Party (AAP), Arvind Kejriwal,
ICICI Bank loan fraud: Court orders release of Kochars from judicial custody
09 Jan 2023
The Bombay HC on Monday ordered the release of former ICICI Bank chief executive officer Chanda Kochhar and her husband Deepak Kochhar from judicial custody in a case of fraud related to the Rs3,250 crore loan sanctioned to the Videocon Group
ICICI Bank loan fraud: Court orders release of Kochars from judicial custody
09 Jan 2023
The Bombay HC on Monday ordered the release of former ICICI Bank chief executive officer Chanda Kochhar and her husband Deepak Kochhar from judicial custody in a case of fraud related to the Rs3,250 crore loan sanctioned to the Videocon Group
Former MD of Tata Steel Jamshed J Irani passes away
03 Nov 2022
Former managing director of Tata Steel Jamshed J Irani passed away on 31 October at the Tata Memorial Hospital, Jamshedpur. He was 86.
Elon Musk finally acquires Twitter for $44 bn
28 Oct 2022
Elon Musk sold roughly $15.5 billion worth of shares in Tesla in two waves, in April and in August, to meet a court-imposed 28 October deadline to complete the Twitter deal and “free the bird”
Rishi Sunak becomes UK’s first Indian origin Prime Minister
25 Oct 2022
Sunak must ensure that his team is focused on overcoming a tumultuous economic crisis even as his government fixes the mistakes made by his predecessors
Three US economists share 2022 Economics Nobel
13 Oct 2022
Ben S Bernanke, former chairman of the US Federal Reserve, and two others - Douglas W Diamond and Philip H Dybvig – have used their discoveries to improve our understanding of the role of banks in the economy, particularly during financial crises, says the Nobel Prize Committee
Rights activist and organisations share 2022 Nobel Peace Prize
13 Oct 2022
Ales Bialiatski from Belarus, the Russian human rights organisation Memorial and the Ukrainian human rights organisation Center for Civil Liberties share tis years Nobel Peace Prize
French writer Annie Ernaux wins 2022 Nobel Prize in Literature
13 Oct 2022
Annie Ernaux has been awarded the Nobel Prize in Literature “for the courage and clinical acuity with which she uncovers the roots, estrangements and collective restraints of personal memory”
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The remarkable Ratan Tata
By Kiron Kasbekar | 23 Oct 2024
One newspaper report of Ratan Tata’s passing away showed an old photo of him climbing into the cockpit of a Lockheed Martin F-16 fighter.
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
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