JGU Vice Chancellor C. Raj Kumar receives inaugural Dr Pritam Singh Transformational Leader Award 2023
Noida, Nov 20 - The Dr Pritam Singh Transformational Leader Award 2023, which is awarded to serving Vice Chancellor/Director for leadership excellence contributing to the Indian Higher Education, has been bestowed on Prof. (Dr.) C Raj Kumar, the Founding Vice Chancellor of O.P.
OpenAI shuts doors, Satya Nadella opens new one for Sam Altman (Lead)
San Francisco, Nov 20 - Putting an end to the high-voltage drama that started last Friday, Microsoft Chairman and CEO Satya Nadella on Monday announced to hire former OpenAI CEO Sam Altman and co-founder Greg Brockman to help the company pursue its advanced
Satya Nadella hires Sam Altman for Microsoft’s advance AI research
San Francisco, Nov 20 - In another dramatic development, Microsoft Chairman and CEO Satya Nadella on Monday announced the company is hiring former OpenAI CEO Sam Altman and co-founder Greg Brockman to pursue its advanced AI research.
Dunzo shifts employee accounts from Google Workspace to Zoho to lower costs: Report
New Delhi, Nov 20 - Quick-grocery delivery provider Dunzo has shifted all employee accounts from Google Workspace to Zoho in order to bring down costs, media report said on Monday.
Social media giants ‘big, bad monsters’: US Families suing Big Tech
San Francisco/London, Nov 20 -Hundreds of families are suing social media giants like TikTok, Snapchat, YouTube and Meta (parent company of Instagram and Facebook) in the US and they feel the tech companies as "big, bad monsters".
Unsecured lending may now see much slower growth for few months
New Delhi, Nov 20 - With many new players entering the unsecured lending segment, specifically dependent on app-based lending, the segment may now see a much slower growth for at least a few months, Motilal Oswal Financial Services said in a report.
TCS’ global solution to help ASX better serve Australian market
New Delhi, Nov 20 - Tata Consultancy Services (TCS) on Monday said it has signed an agreement with Australia’s primary securities exchange, ASX, to provide clearing and settlement platform to service the Australian market.
Sam Altman won’t return as OpenAI CEO as deal falls apart: Report
San Francisco, Nov 20 - The deal to bring Sam Altman back as OpenAI CEO has reportedly fallen apart and former Twitch CEO Emmett Shear is likely to be appointed as interim CEO at ChatGPT developer.
$173 mn lost in crypto so far in November: Report
New Delhi, Nov 20 - The month of November has witnessed a loss of $173 million in cryptocurrency so far, with two incidents making up 91 per cent of the losses.
Retail investor exuberance pushing up broader market
New Delhi, Nov 20 - Retail investor exuberance is pushing up the broader market. Investors should not be blinded by the recency bias and chase small caps running away without fundamental support, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
Apple 24‑inch iMac with M3 chip a huge leap in performance for all tasks
New Delhi, Nov 20 - Millions of users love Apple iMac which is the beast of a machine across daily tasks — from creativity to productivity and some high-end gaming and streaming in between. The world’s best all-in-one desktop computer is now here
OpenAI board must tell why they sacked Sam Altman, says a ‘worried’ Musk
New Delhi, Nov 20 - Elon Musk on Monday said that it is very important for the public to know why OpenAI's board felt so strongly to sack Sam Altman as CEO before it aims to reinstate him after heavy backlash.
Mitigating contamination in India’s agricultural supply chain demands nuanced strategy: Deep Rooted Founder
New Delhi, Nov 20 - In a recent research report by Environment Management and Policy Research Institute (EMPRI), it was revealed that the use of wastewater for cultivating vegetables has led to a heightened concentration of heavy metals in the produce.
GM subsidiary Cruise’s Co-founder & CEO Kyle Vogt quits
San Francisco, Nov 20 - Kyle Vogt, co-founder and CEO of GM’s self-driving car subsidiary Cruise, has resigned, in less than a month after the California Department of Motor Vehicles (DMV) suspended Cruise’s deployment and driverless testing permits.
Talks between Sam Altman, OpenAI in final stage for his return as CEO
San Francisco, Nov 20 - The suspense over Sam Altman’s return as the CEO of OpenAI continued on Monday as OpenAI leaders and investors sought to reinstate Altman at the company which unceremoniously sacked him on November 17.
Indian founders support Sam Altman who is bullish on country’s AI talent
New Delhi, Nov 18 - Several Indian startup founders and CEOs expressed solidarity with ousted OpenAI CEO Sam Altman, who came to India in June this year and met Prime Minister Narendra Modi, saying that Boards need to better align with founders.
Delinquencies have gone up in unsecured loans, especially in small ticket size personal loans
New Delhi, Nov 18 - Data and management commentaries across NBFC/banks suggest rising delinquencies in unsecured loans, especially in small ticket size personal loans (STPL), less than Rs 50,000, and loans sourced via FinTech partnership, foreign brokerage Nomura said in a report.
United India Insurance logs Rs 204.30 cr profit for Q2
Chennai, Nov 18 - Concluding the turnaround story of the three public sector general insurers, United India Insurance Company Ltd has declared a net profit of Rs 204.30 crore for the second quarter of FY24 from a loss of Rs 347.44 crore logged
Kerala startups yet to grab openings in defence and aerospace
Thiruvananthapuram, Nov 18 -Kerala-based startups are yet to take full advantage of immense opportunities in defense and aerospace sectors, which have gone up manifold after the launch of 'Atmanirbhar Bharat' initiatives, panelists said at a session at Huddle Global 2023.
Superstar investors preference for companies with low or no debt
New Delhi, Nov 18 - An interesting trend among superstar investors is their preference for companies with low or no debt, according to an analysis by Trendlyne.