JSW Steel completes Rs 750 cr investment in JSW Paints
JSW Steel on Thursday said it has completed the Rs 750 crore investment in JSW Paints Pvt Ltd (JSW Paints). Like JSW Steel, JSW Paints is a group company of Sajjan Jindal-owned JSW Group.
Altman is back at OpenAI, but questions remain as to why he was fired in first place
Altman had been fired Friday after clashing with the board over his drive to transform OpenAI from a nonprofit organization focused on the scientific exploration of artificial intelligence into a business that builds products, attracts customers and lines up the funding needed to power AI tools.
Govt plans to ask ONGC to consider rights issue to fund HPCL
The plan comes after India’s finance minister announced a plan this year to provide equity of 300 billion rupees ($3.6 billion) to help the big state oil refiners move towards cleaner energy.
Qatar says Gaza cease-fire will begin at Friday morning, with aid to follow 'as soon as possible'
An agreement for a four-day cease-fire in Gaza and the release of dozens of Hamas-held hostages and Palestinians imprisoned by Israel appeared to have hit a last-minute snag when a senior Israeli official said it would not take effect until Friday, a day later than originally announced.
Sonowal arrives in Andamans to oversee development projects
Union Minister Sarbananda Sonowal visits Andaman and Nicobar Islands, focusing on 'Sagarmala' projects and holistic development of Great Nicobar Island in Campbell Bay.
Magicpin food delivery order doubles to 10 lakh on ONDC during World Cup
Magicpin delivered 35,000 food orders during India vs. Pakistan match and peaked at 50,000 orders on a day of India vs. Australia match.
The winners and losers in Sam Altman’s OpenAI kingdom
The biggest winner is Microsoft. The $2.8 trillion tech giant, which relies heavily on OpenAI as its partner in the AI revolution, has successfully protected its investment, without having to hire around 700 OpenAI engineers, as had once seemed plausible or even probable.
Indian shares set to open higher tracking US peers
Indian blue-chip indexes poised for higher open on Thursday, mirroring U.S. counterparts, as positive economic data suggests the Fed's pause on interest rate hikes.
OpenAI researchers warned board of AI breakthrough ahead of CEO ouster
AI algorithm and a undisclosed letter played a pivotal role in the board's decision to oust Altman, the prominent figure in generative AI. Over 700 employees had considered quitting in solidarity with Microsoft backing Altman.
OpenAI ex-CEO Sam Altman will join Microsoft to 'lead' new advanced AI research team: Satya Nadella
Microsoft's Indian-origin CEO expressed commitment to the OpenAI partnership, confidence in innovation, and support for customers and partners in a blog post.
Mid-day Mood Check: Nifty above 19,800 amid broad-based gains; midcap index hits new high
Nifty ending towards 19,800 amid broad-based gains while the midcap index hiys a fresh record. Catch this mid-day market mood check with Nandita Khemka and Yatin Mota to know about all the movers and shakers in today’s session!
Live: Madhabi Puri Buch speaks at Investor Risk Reduction Access event
Watch SEBI Chief Madhabi Puri Buch Speak At Investor Risk Reduction Access Event live.
Cryptocurrencies in focus: Bitcoin trades at highest level since May 2022| Commodities Corner
Bitcoin is currently trading at its highest level since May 2022, while Solana has seen its prices triple in the past month. Catch Manisha Gupta in conversation with Ajeet Khurana, Founder, Reflexical as they provide a comprehensive overview of these developments.
Infy, TCS lead as 4 out of India Inc Top 10 suffer Rs 23,417-cr loss to valuation
While Reliance Industries Ltd, TCS, Hindustan Unilever Ltd and Infosys faced erosion from their market capitalisation (mcap), HDFC Bank, ICICI Bank, ITC, Bharti Airtel, State Bank of India, and Bajaj Finance witnessed a combined addition of Rs 17,386.45 crore.
FIIs selling continues, have already sold Rs 5,800 crore worth of shares in November
In the current scenario, experts believe that there could be an enhanced focus on safe-haven assets such as gold and US dollars. On the other hand, the debt market attracted Rs 6,053 crore in the period under review after receiving Rs 6,381 crore in October, data shows
Sun TV Networks Q2 PAT rises 14% to Rs 464.5 crore
Sun TV Network operates satellite television channels across six languages — Tamil, Telugu, Kannada, Malayalam, Bengali, and Marathi, and airs FM radio stations across the country.
Eicher Motors beats Q2 profit estimates
Analysts, on average, had expected a profit of 9.29 billion rupees, per LSEG data.
Reliance leads as 9 of India Inc Top 10 add Rs 97,463 cr to market capital
The market valuation of Reliance Industries jumped Rs 36,399.36 crore to Rs 15,68,995.24 crore. State Bank of India’s market capitalisation (mcap) zoomed Rs 15,305.71 crore to reach Rs 5,15,976.44 crore.
Q2 earnings, global trends, trading activity of foreign investors to drive market movement: Analysts
Top companies, including HPCL, NHPC, IRCTC, Power Grid, Tata Power, Ashok Leyland, Coal India, Hindalco, LIC, Mahindra & Mahindra, and Tata Chemicals, will be announcing their quarterly number in the coming days.
Singur Case: TMC Govt directed to pay Rs 766 crore compensation to Tata Motors | What was the Singur case?
Tata Motors declared its win against the Mamata Banerjee led TMC Government in the Singur Case. It will now receive a compensation of Rs 766 from the WBIDC. Watch to know more.
FPIs pull out Rs 12,000 crore from equities October so far; invest Rs 5,700 crore in debt
However, the story takes an intriguing turn on observing FPI activity in Indian debt as they have infused over Rs 5,700 crore into the debt market during the period under review, data with the depositories showed.
Defence PSU making headway in developing indigenous top-end military gear
Troop Comforts Ltd (TCL), a defense PSU, has received a request for proposal (RFP) for various indigenously developed military equipment, some of which are currently undergoing field trials.
Foxconn faces tax audit, land use probe - Chinese state media
Foxconn, Apple's major iPhone supplier, is under tax audit scrutiny for possible law violations at its key Chinese subsidiaries.
GOCL gets Rs 766 cr order from Coal India
GOCL Corporation secures a Rs 766 crore contract from Coal India Ltd (CIL) for supplying explosives, with a completion timeline from October 2023 to October 2025.
Single-owner company proprietor not eligible for L1 foreign work visa, says US
The U.S. clarified on Friday that an L1 foreign worker's visa is not available to the owner of a single-person company.
