Only 5 in 10 Indian brands adopted generative AI: Report
New Delhi, Nov 22 - Only five in 10 Indian brands have adopted generative Artificial Intelligence (AI), compared to nine in ten employees claiming to have used generative AI in marketing campaigns, a new report said on Wednesday.
Tamil Nadu NGOs accused of FCRA violation, anti-development funding suspected: Legal Rights Protection Forum
New Delhi, Nov 22 - The Legal Rights Protection Forum, a legal activist group, has written to the Chairperson of the National Commission for Protection of Child Rights on November 6, urging the commission to request the Enforcement Directorate (ED) and other relevant
CG Power stock zooms after announcing foray into semiconductors assembly
New Delhi, Nov 22 - CG Power and Industrial Solutions hit the upper circuit of 20 per cent on Wednesday after it announced a foray into semiconductor assembly at a cost of $791 million.
Sam Altman returns to OpenAI with new board & Nadella’s support
San Francisco, Nov 22 - In what looks like the final twist in the OpenAI saga, Sam Altman on Wednesday said he is returning to the ChatGPT developing company with a new board and Microsoft CEO Satya Nadella’s support.
RBI Governor red flags high dependence of NBFCs on bank loans
Mumbai, Nov 22 - Reserve Bank of India (RBI) Governor Shaktikanta Das on Wednesday expressed grave concern over the high “concentration” of credit that NBFCs were availing from banks to finance their lending operations and said this has emerged as “a risk” in
Strong FII flows associated with markets making new highs
New Delhi, Nov 22 - Although India remains the fastest growing economy amongst the large ones, outlook on FII flows remained uncertain, according to a research by broking firm Prabhudas Lilladher.
Small cap stocks come under selling pressure
New Delhi, Nov 22 - Selling is being witnessed in small cap stocks with the indices falling more than the benchmark indices on Wednesday.
Tesla, Elon Musk knew of defective Autopilot system: US judge
San Francisco, Nov 22 - A US judge has ruled that there is "reasonable evidence" that Tesla and its CEO Elon Musk knew its electric cars had "defective Autopilot systems" but still allowed the EVs to be driven in areas "not safe for
UST to double headcount to 4,000 in Hyderabad, opens new office
Hyderabad, Nov 22 - Digital transformation solutions company UST on Wednesday opened a new office here, saying it will double the headcount from 2,000 to 4,000 in the city in the next 2-3 years.
Tesla workers report robot injuries, explosions at US Cybertruck factory
San Francisco, Nov 22 - As Elon Musk gears up to deliver first Cybertrucks to customers, a new report has claimed that workers at Tesla’s Texas gigafactory report explosions, concussions and grisly robot injuries.
Binance CEO pleads guilty, steps down and agrees to pay $4.3 bn in fines
San Francisco, Nov 22 - Binance Founder Changpeng Zhao (also known as CZ) on Wednesday announced that he will step down as the CEO of the world's largest cryptocurrency exchange, after pleading guilty to federal charges and agreeing to pay $4.3 billion in
Salesforce India logs over Rs 6,000 cr revenue in FY23, to expand footprint
Bengaluru, Nov 22 - Enterprise software major Salesforce’s India operations saw total revenue rise over 50 per cent to over Rs 6,000.3 crore in FY23, from the previous fiscal year, the company said.
OpenAI board again in talks with Sam Altman for his return: Report
San Francisco, Nov 22 - Signaling another twist in the Sam Altman-OpenAI saga, the company's board of directors is reportedly in talks with Altman to return as soon as this week.
36% consumers in India expecting to increase their spending, much higher than global average of 17%
New Delhi, Nov 21 - India is one of the most optimistic markets, compared to other global economies, with 5 out of 10 exhibiting positive sentiment with regards to both macro-economic factors such as geo-political concerns, recession or inflation as well as micro
Investors will migrate to equity, index schemes as they become risk averse: Bank of Baroda
Chennai, Nov 21 - With people becoming risk averse and aware of alternatives and willing to take risks, the migration to equity and index schemes is the pattern that would emerge, said Bank of Baroda in a report.
CRISIL upgrades IIFL Finance’s outlook to ‘Positive’ from ‘Stable’
New Delhi, Nov 21 - Fairfax-backed IIFL Finance Limited, which is one of India’s largest non-banking financial companies, said on Tuesday that leading rating agency CRISIL has upward revised its outlook to ‘Positive’ from ‘Stable’.
Microsoft appoints Aparna Gupta as Global Delivery Centre leader
New Delhi, Nov 21 - Microsoft on Tuesday announced the appointment of Aparna Gupta as the Global Delivery Center (GDC) leader, which is a part of the Industry Solutions Delivery and the broader Microsoft Customer and Partner Solutions (MCAPS) organisation.
Metal, realty stocks outperform as Nifty closes on positive note
Mumbai, Nov 21 - Nifty closed on a positive note, while most sectoral indices closed in the green on Tuesday.
Strategic public-private partnerships required to address cyber fraud: TRAI Secretary
New Delhi, Nov 21 - One agency cannot address all the dimensions of security in the country and the approach must be collaborative with strategic public-private partnerships, the Telecom Regulatory Authority of India (TRAI) Secretary V. Raghunandan said here on Tuesday.
Byju’s denies receiving any notice from ED
New Delhi, Nov 21 (IANS) Edtech major Byju’s on Tuesday denied reports that Enforcement Directorate (ED) has issued any show-cause notice to the company over alleged violations under the Foreign Exchange Management Act (FEMA) worth $1.08 billion (about Rs 9,000 crore).