In the news
Microsoft president Brad Smith rejects the possibility of super-intelligent AI
01 Dec 2023
Tech giant Microsoft’s president, Brad Smith, said that the idea of super-intelligent artificial intelligence is far from reality in today's world.
Emirates Airline President urges Rolls-Royce to focus on engine performance
30 Nov 2023
In the aftermath of Rolls-Royce's ambitious plan to quadruple profits, the President of Emirates Airline, Tim Clark, has called on the British firm to "go back to basics" and prioritize the performance of its engines.
Berkshire Hathaway Vice Chairman Charlie Munger passes away at age 99
29 Nov 2023
Charles Thomas Munger, the oracle of Pasadena and one of the most important figures in Berkshire Hathaway, passed away on Tuesday, 28 November 2023, at the age of 99.
Ola CEO Bhavish Aggarwal announces new Indian AI chat app, Krutrim
27 Nov 2023
Bhavish Aggarwal, CEO of Ola Cabs, has announced on his social media X account that his company is working on a new AI project.
RBI Governor Das: Increased risk weight is a precautionary approach to ensuring sustainable lending
23 Nov 2023
Reserve Bank of India (RBI) Governor Shaktikanta Das said that the recent instruction to increase risk weights for unsecured consumer loans by banks and non-banking financial companies (NBFC) is a cautious measure taken to ensure sustainable lending.
In another shocking twist, OpenAI announces the re-hiring of Sam Altman as CEO
22 Nov 2023
OpenAI, the company that created the revolutionary ChatGPT, took to social media platform X to announce that they have agreed in principle to rehire Sam Altman as the CEO of the company.
Former OpenAI CEO Sam Altman is all set to join Microsoft, announces Satya Nadella
20 Nov 2023
After just days of being fired from his post as the CEO of OpenAI, Sam Altman is all set to join Microsoft, as announced by Satya Nadella himself.
Sam Altman plans new AI venture as Mira Murati replaces him as CEO of OpenAI
18 Nov 2023
A day after Sam Altman was ousted as chief executive officer (CEO) of artificial intelligence technology start-up OpenAI, he is reported to have discussed a possible comeback amidst moves to start a new AI project.
PRS Oberoi, former chairman of Oberoi hotels, passes away at 94
15 Nov 2023
PRS, who pioneered the luxury hotels business in India, also successfully expanded the Oberoi brand globally by developing Oberoi Hotels and Resorts.
Dabur Chairman Mohit Burman assures continuity in board structure following Religare acquisition
10 Nov 2023
In the wake of the Burman family office's acquisition of a majority stake in Religare Enterprises (REL), Dabur India Chairman Mohit Burman clarified in a video call on Thursday, 9 November 2023, that there are no plans to alter the existing board of the financial services company.
Piyush Goyal is scheduled for a meeting with Tesla CEO Musk to discuss potential market entry
09 Nov 2023
In a significant development, Indian Commerce Minister Piyush Goyal is scheduled to meet with Tesla CEO Elon Musk in the United States next week.
Elon Musk’s AI startup, xAI, is to be integrated with social media platform X
06 Nov 2023
Artificial intelligence startup xAI, which was founded by Elon Musk, is going to be merged into the famous social media platform X.
Apple CEO Tim Cook hails India as an extraordinary market with abundant growth potential
03 Nov 2023
In a recent earnings call for the fourth quarter of 2023, Apple's Chief Executive Officer (CEO), Tim Cook, emphasized that India is a "major focus" for the tech giant and expressed his satisfaction with the performance of the two Apple stores opened in the country.
Carlsberg CEO accuses Russia of corporate espionage of their Russian asset, Baltika
01 Nov 2023
In a decisive move, Carlsberg, the Danish brewing giant, has officially cut all ties with its Russian business, refusing to engage in any dealings with the Russian government that would legitimize the seizure
Tesla chief Elon Musk reveals plans to make 200,000 Cybertrucks annually
01 Nov 2023
Tesla, Inc. is setting its sights on manufacturing 200,000 units of its highly anticipated electric pickup truck, the Cybertruck, each year.
Infosys founder Narayana Murthy encourages 70-hour workweek for Indian youngsters
27 Oct 2023
Narayana Murthy, founder of Infosys, has stunned everyone by stating that India’s work culture needs to change and that the young workforce needs to work 70 hours a week to make India a global superpower.
Social media platform X is set to test a new $1/year subscription plan
18 Oct 2023
X, formerly known as Twitter, will start a new phase of testing plans that will be more elaborate than its X Pro plan (Twitter Blue).
Australian regulatory committee fines Elon Musk's social media platform X for child abuse prevention failures
16 Oct 2023
Elon Musk’s social media platform X has been fined by an Australian regulator for failing to cooperate with a probe into anti-child abuse practices.
Sir Jim Ratcliffe close to buy 25% of stake in Manchester United Football Club
16 Oct 2023
After months of negotiations and several bids being rejected, Qatari prince and investor Sheikh Jassim bin Hamad bin Khalifa Al Thani pulled out of the race
Keshub Mahindra, Chairman Emeritus of Mahindra Group, passes away at 99
14 Apr 2023
Keshub Mahindra led the Mahindra Group for 48 years as chairman and diversified it from a steel distributor to other industries like automobiles, IT, real estate, financial services and hospitality
Infosys Q3 net profit up 13.4% at Rs6,586 cr
16 Jan 2023
For the full fiscal Infosys raised revenue guidance to 16-16.5 per cent against the previously projected 15-16 per cent increase while retaining FY23 operating margin guidance at 21-22 per cent
AAP directed to pay Rs164-cr public funds allegedly spent on political ads
13 Jan 2023
The Directorate of Information and Publicity (DIP) has issued a notice to the national convenor of the Aam Aadmi Party (AAP), Arvind Kejriwal,
ICICI Bank loan fraud: Court orders release of Kochars from judicial custody
09 Jan 2023
The Bombay HC on Monday ordered the release of former ICICI Bank chief executive officer Chanda Kochhar and her husband Deepak Kochhar from judicial custody in a case of fraud related to the Rs3,250 crore loan sanctioned to the Videocon Group
Former MD of Tata Steel Jamshed J Irani passes away
03 Nov 2022
Former managing director of Tata Steel Jamshed J Irani passed away on 31 October at the Tata Memorial Hospital, Jamshedpur. He was 86.
Elon Musk finally acquires Twitter for $44 bn
28 Oct 2022
Elon Musk sold roughly $15.5 billion worth of shares in Tesla in two waves, in April and in August, to meet a court-imposed 28 October deadline to complete the Twitter deal and “free the bird”
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation