New Delhi: India is nearing a deal closure with Elon Musk’s Tesla Inc. to enable the American automaker to export its electric vehicles to the country starting next year and establish a manufacturing facility within two years, Bloomberg reported citing sources familiar with the developments.
Mumbai: Tata Technologies, a global engineering services firm, garnered Rs 791 crore from 67 investors through the anchor book on Tuesday, just a day ahead of the Tata Group's first IPO in nearly two decades. The funds were secured at the upper end of the Rs 475-500 price range, reported Moneycontrol.
Kolkata: Reliance Industries Chairman Mukesh Ambani Tuesday announced that the oil-to-telecom conglomerate has committed an investment of around Rs 45,000 crore in West Bengal, Moneycontrol reported.
New Delhi: In the wake of disruptions in flight operations caused by a shortage of spare parts amid global supply chain difficulties, Indian aviation companies are increasingly seeking non-critical aircraft components from domestic suppliers, Mint reported citing industry sources.
Bengaluru: Leading IT firm Wipro on Tuesday announced a partnership with chip-maker NVIDIA aimed at expediting the integration of generative artificial intelligence (AI) in healthcare enterprises.
New Delhi: The Enforcement Directorate (ED) Tuesday officially confirmed the issuance of a show cause notice to the edtech firm Think and Learn Private Limited, as well as to Byju Raveendran, in connection with a FEMA violation case.
Mumbai: OneWeb India, backed by the Bharti Group, Tuesday announced that it has obtained the mandatory approvals from the Indian Space Promotion and Authorisation Centre (IN-SPACe) to start the deployment of Eutelsat OneWeb's commercial satellite broadband services in India.
DSP Mutual Fund announced the launch of DSP Banking & Financial Services Fund (DSP BFSF), an open-ended scheme that offers investors an opportunity to partake in the long term structural opportunity in the banking and financial services space.
US tech giants Apple and Microsoft remain the most expensive brands worldwide, with their brand value standing at $502.7 billion and $316.7 billion, respectively, the Interbrand Best Global Brands 2023 ranking showed on Tuesday.
The BSE Sensex on Tuesday surged 275.62 pts to close high at 65,930.77 on the strength of Realty, Auto and Consumer Durable stocks.
Five hundred Open AI employees have expressed their intention to join Microsoft if Sam Altman, the former CEO of OpenAI, and Greg Brockman, a co-founder of OpenAI, are not reinstated.
Open AI's former CEO Sam Altman and former president Greg Brockman are joining Microsoft to lead a new team for advanced research in Artificial Intelligence, Satya Nadella announced Monday.
Open AI has named former Twitch CEO and co-founder Emmett Shear as the company's interim CEO, media reports said.
Mumbai/UNI: The BSE Sensex on Monday rose marginally by 14 points to 65,809.63 in the opening session as buying was seen in power, realty and technology stocks.
Former Open AI CEO Sam Altman recently posted a photo of himself at the headquarters of the firm amid reports that he is returning to the AI company, days after he was sacked.
Mumbai: Bank of Baroda’s board of directors has resolved to raise Rs 5,000 crore by issuing tier-II bonds and an additional Rs 10,000 crore through infrastructure bonds.
New Delhi: The Finance Ministry has asked state-owned banks to reassess their digital operations in light of the recent UCO Bank incident, media reports said.
OpenAI is under pressure from its top investors to bring back Sam Altman as chief executive officer after sacking him on Friday, taking the world by surprise, international media reports said.
New Delhi/Kolkata: British High Commissioner to India Alex Ellis will visit Kolkata along with the biggest-ever UK delegation to the Bengal Global Business Summit (BGBS) 2023, a press release said.
Shimla: An Iceland-based company, Geotropy Iceland, will set up a Controlled Atmosphere (CA) Store at Tapri in Himachal Pradesh’s Kinnaur district.
San Francisco: Mira Murati, 34, assumed the role of Chief Technology Officer in May 2022, marking a significant promotion.
US billionaire entrepreneur Elon Musk said on Saturday that his social network X, formerly known as Twitter, would file a "thermonuclear" lawsuit against all organisations that had suspended advertising on the platform amid a backlash over the businessman's comments on social media.
In a shocking decision, Open AI, which is the firm created by ChatGPT, on Friday sacked CEO Sam Altman prompting the co-founder Greg Brockman to quit soon after, media reports said.
New Delhi/UNI: Top industry officials on Friday termed the eldercare sector, which is undergoing a profound transformation, as a big emerging market with India ready to play a pivotal role by providing a vast space of opportunities to investors.
IT major Microsoft Corp, which is one of the biggest backers of Open AI, on Saturday (November 18, 2023) confirmed it will remain committed to the partnership with the firm that created ChatGPT even after it underwent several changes including the removal of its CEO Sam Altman.
OpenAI co-founder and President Greg Brockman on Saturday his decision to quit the ChatGPT-creating firm hours after Chief Executive Officer Sam Altman was removed from the company.
Open AI, the firm that created ChatGPT, on Friday announced its CEO Sam Altman was removed as it has lost confidence in his ability to lead the tech company.
Kolkata: Jindal (India) has bid Rs 301 crore for Future Enterprises, which is less than 3% of the total Rs 12,265-crore loan exposure, rendering it almost inconsequential to lenders, ET reported.
Hyderabad: Asahi Glassplant Inc. (AGI Japan) on Thursday announced a strategic investment of up to Rs 200 crores in Standard Glass Lining Technology Limited and its affiliated companies, marking the initiation of a long-term business partnership.
New Delhi: The Indian e-commerce export sector has the potential to touch $200 billion in next six to seven years, a top government official said on Friday
