OneWeb India gets space regulator IN-SPACe's approval for commercial satellite broadband services
Nov 22, 2023, at 03:13 am
Mumbai: OneWeb India, backed by the Bharti Group, Tuesday announced that it has obtained the mandatory approvals from the Indian Space Promotion and Authorisation Centre (IN-SPACe) to start the deployment of Eutelsat OneWeb's commercial satellite broadband services in India.
DSP Mutual Fund launches DSP Banking & Financial Services Fund
Nov 21, 2023, at 11:10 pm
DSP Mutual Fund announced the launch of DSP Banking & Financial Services Fund (DSP BFSF), an open-ended scheme that offers investors an opportunity to partake in the long term structural opportunity in the banking and financial services space.
US tech majors Apple, and Microsoft ranked most expensive brands worldwide in 2023
Nov 21, 2023, at 10:46 pm
US tech giants Apple and Microsoft remain the most expensive brands worldwide, with their brand value standing at $502.7 billion and $316.7 billion, respectively, the Interbrand Best Global Brands 2023 ranking showed on Tuesday.
Indian Market: Sensex moves up by 275.62 pts
Nov 21, 2023, at 10:36 pm
The BSE Sensex on Tuesday surged 275.62 pts to close high at 65,930.77 on the strength of Realty, Auto and Consumer Durable stocks.
Nov 21, 2023, at 03:16 pm
Five hundred Open AI employees have expressed their intention to join Microsoft if Sam Altman, the former CEO of OpenAI, and Greg Brockman, a co-founder of OpenAI, are not reinstated.
Sacked Open AI CEO Sam Altman to join Microsoft, Satya Nadella announces
Nov 21, 2023, at 03:10 am
Open AI's former CEO Sam Altman and former president Greg Brockman are joining Microsoft to lead a new team for advanced research in Artificial Intelligence, Satya Nadella announced Monday.
Nov 20, 2023, at 07:12 pm
Open AI has named former Twitch CEO and co-founder Emmett Shear as the company's interim CEO, media reports said.
Sensex marginally up by 14 points
Nov 20, 2023, at 05:43 pm
Mumbai/UNI: The BSE Sensex on Monday rose marginally by 14 points to 65,809.63 in the opening session as buying was seen in power, realty and technology stocks.
Sacked Open AI CEO Sam Altman posts picture from firm's HQ amid reports of return
Nov 20, 2023, at 03:16 pm
Former Open AI CEO Sam Altman recently posted a photo of himself at the headquarters of the firm amid reports that he is returning to the AI company, days after he was sacked.
Bank of Baroda plans to raise Rs 15,000 cr through bonds
Nov 20, 2023, at 03:18 am
Mumbai: Bank of Baroda’s board of directors has resolved to raise Rs 5,000 crore by issuing tier-II bonds and an additional Rs 10,000 crore through infrastructure bonds.
Finance Ministry asks public sector banks to examine and enhance cybersecurity
Nov 20, 2023, at 12:02 am
New Delhi: The Finance Ministry has asked state-owned banks to reassess their digital operations in light of the recent UCO Bank incident, media reports said.
OpenAI board under pressure from Microsoft, top investors to reinstate Sam Altman: Reports
Nov 19, 2023, at 09:31 pm
OpenAI is under pressure from its top investors to bring back Sam Altman as chief executive officer after sacking him on Friday, taking the world by surprise, international media reports said.
UK set to bring biggest ever delegation to Bengal Global Business Summit 2023
Nov 19, 2023, at 06:31 am
New Delhi/Kolkata: British High Commissioner to India Alex Ellis will visit Kolkata along with the biggest-ever UK delegation to the Bengal Global Business Summit (BGBS) 2023, a press release said.
Nov 19, 2023, at 04:48 am
Shimla: An Iceland-based company, Geotropy Iceland, will set up a Controlled Atmosphere (CA) Store at Tapri in Himachal Pradesh’s Kinnaur district.
Who is Mira Murati, 34-yr-old engineer, OpenAI's new chief
Nov 19, 2023, at 02:52 am
San Francisco: Mira Murati, 34, assumed the role of Chief Technology Officer of OpenAI, the maker of ChatGPT, in May 2022.
Nov 18, 2023, at 11:36 pm
US billionaire entrepreneur Elon Musk said on Saturday that his social network X, formerly known as Twitter, would file a "thermonuclear" lawsuit against all organisations that had suspended advertising on the platform amid a backlash over the businessman's comments on social media.
Open AI sacks CEO Sam Altman, co-founder Greg Brockman quits hours later
Nov 18, 2023, at 08:07 pm
In a shocking decision, artificial intelligence firm Open AI, which created ChatGPT, on Friday sacked CEO Sam Altman, prompting the co-founder Greg Brockman to quit soon after, media reports said.
Vast opportunity in India's eldercare sector, say Investors
Nov 18, 2023, at 06:13 pm
New Delhi/UNI: Top industry officials on Friday termed the eldercare sector, which is undergoing a profound transformation, as a big emerging market with India ready to play a pivotal role by providing a vast space of opportunities to investors.
Nov 18, 2023, at 04:27 pm
IT major Microsoft Corp, which is one of the biggest backers of Open AI, on Saturday (November 18, 2023) confirmed it will remain committed to the partnership with the firm that created ChatGPT even after it underwent several changes including the removal of its CEO Sam Altman.
Open AI: President Greg Brockman quits after CEO Sam Altman's ouster
Nov 18, 2023, at 03:19 pm
OpenAI co-founder and President Greg Brockman on Saturday announced his decision to quit the ChatGPT-creating firm hours after Chief Executive Officer Sam Altman was removed from the company.
Open AI removes CEO Sam Altman after board loses 'confidence' in him
Nov 18, 2023, at 03:01 pm
Open AI, the firm that created ChatGPT, on Friday announced its CEO Sam Altman was removed as it has lost confidence in his ability to lead the tech company.
Lenders disappointed with Jindal's Rs 301 cr bid for debt-laden Future Enterprises
Nov 18, 2023, at 08:20 am
Kolkata: Jindal (India) has bid Rs 301 crore for Future Enterprises, which is less than 3% of the total Rs 12,265-crore loan exposure, rendering it almost inconsequential to lenders, ET reported.
AGI Japan announces strategic investment of Rs 200 cr in Standard Glass Lining Technology
Nov 18, 2023, at 07:58 am
Hyderabad: Asahi Glassplant Inc. (AGI Japan) on Thursday announced a strategic investment of up to Rs 200 crores in Standard Glass Lining Technology Limited and its affiliated companies, marking the initiation of a long-term business partnership.
E-commerce exports may touch $200 billion in 6-7 years: DGFT
Nov 18, 2023, at 07:47 am
New Delhi: The Indian e-commerce export sector has the potential to touch $200 billion in next six to seven years, a top government official said on Friday
UPI IDs not used for one year to be disabled soon
Nov 18, 2023, at 06:24 am
New Delhi: The National Payments Corporation of India (NPCI), which oversees the Unified Payments Interface (UPI), has directed banks and payment applications like Google Pay, Paytm, PhonePe, etc., to disable UPI IDs and numbers associated with customers who have not conducted any transactions for a period of one year or longer.
RBI clears resolution plan for Reliance Capital
Nov 18, 2023, at 06:04 am
Mumbai: The Reserve Bank of India on Friday granted approval to the restructuring proposal for financially troubled Reliance Capital, paving the way for the acquisition of the company by IndusInd International Holdings Ltd (IIHL), a firm within the Hinduja Group.
India's forex reserves shrink by $462 million in the week ending Nov 10
Nov 18, 2023, at 05:23 am
Mumbai: India's foreign exchange reserves declined by $462 million to reach $590.321 billion for the week ending November 10, the Reserve Bank of India said on Friday.
BharatPe co-founder stopped from leaving India at Delhi Airport
Nov 18, 2023, at 04:02 am
New Delhi: Ashneer Grover, co-founder of BharatPe, and his wife Madhuri Jain were detained at the Indira Gandhi International Airport on Thursday on the basis of a lookout circular (LoC) issued against them, ET reported.
Amazon targets $20 billion merchandise export from India by 2025
Nov 18, 2023, at 03:09 am
Amazon aims to achieve $20 billion in merchandise exports from India by 2025, Reuters reported, citing a company official.
JSW Infrastructure gets Letter of Award to develop Karnataka’s Keni Port for Rs 4,119 cr
Nov 17, 2023, at 05:36 am
Mumbai/ Bangalore: JSW Infrastructure, India’s second-largest commercial port company and part of the US$ 23 billion JSW Group, has won the bid for the development of an all-weather, deep-water, greenfield port at Keni in Karnataka on Public Private Partnership (PPP) basis.