Microsoft using Oracle Cloud infrastructure to help with Bing chat
San Francisco, Nov 8 Cloud major Oracle has announced a multi-year agreement with tech giant Microsoft to support the growth of AI services, especially AI chatbot Bing.
Markets turn cautious before key state elections
New Delhi, Nov 7 Vinod Nair, Head of Research at Geojit Financial Services on Tuesday said that the market witnessed some resistance at higher levels as caution prevails due to the start of the key state elections.
IBM partners AWS to launch new Innovation Lab in India
New Delhi, Nov 7 IT major IBM on Tuesday announced expansion of its relationship with Amazon Web Services (AWS) to help more mutual clients operationalise and derive value from the latest technologies, including generative artificial intelligence (AI) and launched a new Innovation Lab
Indian businesses lead global optimism in B2B spending surge: American Express survey
New Delhi, Nov 7 Indian businesses are emerging as global leaders in optimism, with a staggering 72 per cent expecting a surge in B2B spending in 2023, outpacing the global average of 49 per cent, according to a recent survey commissioned by American
Logistics unicorn Xpressbees raises $80 mn from Teachers’ Venture Growth
New Delhi, Nov 7 B2B logistics service provider Xpressbees has raised $80 million from Teachers’ Venture Growth (TVG), the investment arm of Ontario Teachers’ Pension Plan.
Elon Musk’s Tesla may enter India by Jan 2024: Report
New Delhi, Nov 7 Elon Musk-run Tesla might start rolling out on Indian roads soon as the Centre is ramping up the process to provide all the necessary approvals from the concerned departments by January 2024 for its entry into the country, media
Rs 1,481 crore fake GST invoicing racket busted
New Delhi, Nov 6 The Directorate General of Goods and Services Tax Intelligence (DGGI), Meerut Zonal Unit, has busted a large-scale racket involving fake invoicing to the tune of a whopping Rs 1,481 crore, resulting in passing on of fraudulent input tax credit
VA TECH WABAG logs Rs 54.1 crore PAT for Q2
Chennai, Nov 6 Water technology major VA TECH WABAG Ltd closed the second quarter of FY24 with a higher standalone net profit of Rs 54.1 crore.
Centre mulls executive director posts in PSU general insurers
Chennai, Nov 7 The central government is mulling to appoint Executive Directors in its four non-life insurers and the national reinsurer as it exists in the nationalised banks, said a senior industry official, adding that an interesting story had earlier led to the
Palo Alto Networks acquires Talon Cyber Security reportedly for $625 mn
San Francisco, Nov 6 Palo Alto Networks on Monday confirmed it has acquired Israel-based Talon Cyber Security, a pioneer of Enterprise Browser technology, reportedly for $625 million.
WeWork files for bankruptcy, WeWork India’s operations not affected
San Francisco, Nov 7Leading flexible workspace provider WeWork, once valued at $47 billion, has filed for bankruptcy in the US and Canada. The company was valued at just $45 million last week.
Samsung family members selling $2 bn worth shares to cover inheritance taxes
Seoul, Nov 5 Members of Samsung Group's owning family are set to sell nearly 2.6 trillion won ($2 billion) worth of shares in Samsung affiliates to cover inheritance taxes, a regulatory filing showed on Sunday.
OpenAI may release ‘GPT builder’ option for ChatGPT subscribers soon
San Francisco, Nov 6 - Ahead of OpenAI's first-ever developer conference, a significant ChatGPT update has leaked, revealing a custom chatbot creator.
N.Korea diversifying cybercrimes amid drop in value of cryptocurrency: Report
Seoul, Nov 6 North Korea appears to be diversifying its cybercrimes to offset the declining value of cryptocurrencies it steals to fund its nuclear and missile programmers.
Dunzo posts loss of Rs 1,800 cr, revenue at Rs 226 cr in FY23
New Delhi, Nov 6 - Cash-strapped Dunzo has posted a loss of Rs 1,800 crore in FY23, a 288 per cent increase from the previous year, according to its consolidated financial statements filed with the Registrar of Companies.
Gogoro to rollout battery-swapping stations to over 21K HPCL outlets in India
New Delhi, Nov 6 - Global technology leader in battery-swapping ecosystems, Gogoro on Monday announced it had signed a Memorandum of Understanding (MoU) with Hindustan Petroleum Corporation Ltd (HPCL) to rollout battery-swapping stations to more than 21,000 retail gas outlets across India in
Female CEOs fail after taking control of problem-hit companies: Study
London, Nov 5 - Women experience a gender tenure gap, lasting in CEO roles at publicly listed companies for shorter periods than men, according to new research.
DRI carries out searches at Havells India office
New Delhi, Nov 5 - The Directorate of Revenue Intelligence (DRI) conducted search operations at the headquarters of leading electronics goods and appliances major Havells India.
Musk starts improved X customer service for premium users
San Francisco, Nov 6 - Elon Musk on Monday announced that premium verified users can now send a direct message (DM) to the platform for support.
Buy on dips strategy has worked well for investors
New Delhi, Nov 6 (IANS) The ability of stock markets to climb walls of worries is manifesting clearly in these troubled times, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.