If you expected a series of announcements yesterday may calm turbulent waters in the Silicon Valley, that hasn’t panned out as anticipated. If we are to summarise where things stand for now, it’s an attempt we must somehow make. Microsoft…
The initial public offering (IPO) for the Indian Renewable Energy Development Agency (IREDA) is set to open on Tuesday, November 21. The company plans to raise ₹2150 crore through the issue, and mentioned below is all the information you need…
Citigroup Inc. is eliminating more than 300 senior manager roles as part of Chief Executive Officer Jane Fraser’s efforts to simplify the Wall Street giant. The Citigroup Inc (Citi) logo is seen (REUTERS) The company started announcing the cuts —…
The petrol and diesel prices across Delhi, Mumbai and other metropolitan cities remained unchanged on Monday, November 20, as major oil marketing companies like Bharat Petroleum, Hindustan Petroleum and Indian Oil decided to keep the rates stable. The petrol and…
The Employees’ Provident Fund Organisation (EPFO) recorded a net addition of 17.21 lakh members in September, the Ministry of Labour and Employment said on Monday. The data showed that approximately 11.93 lakh members exited but rejoined EPFO in September.(File) Around…
Equity benchmark indices fell in early trade on Monday, extending their previous day’s decline, amid fresh foreign fund outflows. People look at a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai.(REUTERS)…
Sam Altman, the former chief executive of ChatGPT creator OpenAI, will join Microsoft. The 38-year-old tech honcho’s new appointment was announced hours after Emmett Shear was appointed to helm the AI firm. But Altman is not the only CEO to…
The Enforcement Directorate (ED) has filed a charge sheet against health and beauty company Amway India Pvt Ltd in a money laundering probe, attaching assets worth ₹757 crore to the company. The Enforcement Directorate attached assets worth ₹757 crore belonging…
Quite how this unfolds, whether Sam Altman returns or doesn’t as CEO of OpenAI, it is clear that OpenAI’s unfolding saga of mismanagement doesn’t simply restrict the chaos within their headquarters. The otherwise avoidable scenario began late last week, when…
Billionaire industrialist Gautam Singhania’s estranged wife Nawaz Modi Singhania has reportedly demanded 75% of his $1.4 billion net worth for herself and their two daughters in a family settlement following their separation. Billionaire Gautam Singhania and wife Nawaz Modi.(Instagram/ Gautam…