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Satya Nadella, LinkedIn, 8 others fined 27 lakh for companies law violations

Published on May 23, 2024 09:22 AM IST

Satya Nadella is the chief of Microsoft, which acquired the professional networking platform LinkedIn in December 2016.

Satya Nadella speaks during the "Microsoft Build: AI Day" event in Bangkok, Thailand.(Reuters)
PTI |

Richa Chadha shares how a mutual fund helped pay for her wedding: ‘Women must…’

Richa Chadha revealed that she started investing around 2015-16 after the release of her film Masaan.

Richa Chadha is all set to welcome her first baby with actor Ali Fazal in July 2024.
Published on May 23, 2024 09:17 AM IST
By | Edited by Mallika Soni

Ashneer Grover, his wife Madhuri Jain can travel abroad but there's a rider

Ashneer Grover and his wife Madhuri Jain Grover have been allowed to travel to the US. The couple were stopped from boarding a flight in November 2023.

Ashneer Grover was one of the judges on Shark Tank India.
Published on May 23, 2024 09:04 AM IST
By | Edited by Mallika Soni

Nithin Kamath on why Zerodha doesn't advertise: ‘Watched a match and saw…'

Nithin Kamath said that increasing number of stock brokerage advertisements was a good sign for the stock markets.

Nithin Kamath revealed why his company Zerodha does not advertise. (X/Nithin Kamath)
Published on May 23, 2024 08:52 AM IST
By | Edited by Mallika Soni

Will US fed cut rates in 2024? Goldman Sachs' CEO's ‘zero chances’ response

David Solomon predicted “zero” cuts citing investments in AI infrastructure that have helped economy be more resilient to the Fed’s monetary tightening.

Goldman Sachs CEO David Solomon gestures during the Boston College Chief Executives Club luncheon in Boston, Massachusetts, US.(Reuters)
Published on May 23, 2024 08:29 AM IST
By | Edited by Mallika Soni

Jensen Huang says ‘revolution here' as Nvidia ignites $140 billion stock rally

Nvidia CEO Jensen Huang said that this is the dawning of a new era as his company's market valuation skyrocketed, topping $2.3 trillion.

Nvidia CEO Jensen Huangs speaks at the company's office in Santa Clara, California.(AP)
Updated on May 23, 2024 08:25 AM IST

Buddha Purnima 2024: From banks to stock market, what's open and what's closed

Buddha Purnima is a gazetted holiday. Here's a look at what's closed and what's open today

Buddha Purnima 2024: A statue of Lord Buddha being cleaned as part of preparations ahead of Buddha Purnima festival, in Agartala.(PTI)
Updated on May 23, 2024 07:57 AM IST

Asia stocks weaken on the patient approach to rate cuts

GLOBAL-MARKETS/ (WRAPUP 1):GLOBAL MARKETS-Asia stocks weaken on the patient approach to rate cuts

Asia stocks weaken on the patient approach to rate cuts
Updated on May 23, 2024 07:52 AM IST
Reuters |

Tata Group to buy Disney's stake in Tata Play at $1 billion valuation: Report

As per the deal, Tata Group takes full control of the TV platform after buying the 29.8% stake from Disney.

Tata Group raised its stake in Tata Play to over 70% after buying out Temasek Holding Pte’s stake earlier this year. (Reuters)
Published on May 23, 2024 07:25 AM IST

Former Republican presidential candidate Vivek Ramaswamy takes a 7.7% stake in Buzzfeed

Former Republican presidential candidate Vivek Ramaswamy takes a 7.7% stake in Buzzfeed

Former Republican presidential candidate Vivek Ramaswamy takes a 7.7% stake in Buzzfeed
Published on May 22, 2024 06:11 PM IST
AP |

Indian shares rise with IT support ahead of Fed minutes, Reliance aids

INDIA-STOCKS/:INDIA STOCKS-Indian shares rise with IT support ahead of Fed minutes, Reliance aids

Indian shares rise with IT support ahead of Fed minutes, Reliance aids
Published on May 22, 2024 04:17 PM IST
Reuters |

Paytm layoffs: Company warns of job cuts as revenue falls 2.7%

Paytm layoffs: Paytm reported a net loss of ₹550 crore in the quarter ended March 2024 and its revenue from operations in Q4FY24 dipped 2.6 percent.

Paytm layoffs: The interface of Indian payments app Paytm is seen in front of its logo displayed in this illustration.(Reuters)
Published on May 22, 2024 03:29 PM IST

LVMH deepens partnership with Alibaba to boost tech presence in China

LVMH will gain access to technology from Alibaba Cloud, to help improve supply chain processes and customer insights, both companies said.

LVMH CEO Bernard Arnault arrives to attend an official state dinner as part of the Chinese president's two-day state visit to France, at the Elysee Palace in Paris.(AFP)
Published on May 22, 2024 02:32 PM IST
Reuters |

Nifty 50 to hit 1,50,000 in this much time, Motilal Oswal's Raamdeo Agrawal says

Sensex could reach 1,50,000 by 2030 with negative surprises and without negative surprises, it could achieve this level by 2028, Raamdeo Agrawal said.

A man looks at a screen across a road displaying the Sensex on the facade of the Bombay Stock Exchange (BSE) building in Mumbai.(Reuters)
Published on May 22, 2024 01:34 PM IST

AI Express union says reduced flights impacting cabin crew salaries

AI Express union says reduced flights impacting cabin crew salaries

AI Express union says reduced flights impacting cabin crew salaries
Published on May 22, 2024 12:54 PM IST
PTI |

Paytm Q4: Vijay Shekhar Sharma tells shareholders ‘anticipate tangible results’

Paytm Q4 results: Vijay Shekhar Sharma said that the company was working on significant cost efficiencies including leaner organization structure.

Vijay Shekhar Sharma, founder and chairman of One97 Communications Ltd., operator of Paytm, attends the Japan Fintech Festival in Tokyo, Japan.(Bloomberg)
Published on May 22, 2024 12:28 PM IST

UK inflation rate slows to 2.3% in April

The Bank of England and economists polled by Reuters had forecast an annual rate of 2.1%.

Britain's Prime Minister Rishi Sunak hosts a meeting with Vice Chancellors from some of the country's leading universities, and representatives from the Union of Jewish Students, inside Downing Street in central London.(AFP)
Published on May 22, 2024 11:39 AM IST
Reuters |

Buddha Purnima Bank Holiday: Banks will be closed in these 18 states on May 23

Buddha Purnima Bank Holiday: Banks are closed for 14 days in May 2024, as per to the Reserve Bank of India (RBI) holiday list.

Buddha Purnima Bank Holiday: Banks are closed for 14 days in May 2024, as per to the Reserve Bank of India (RBI) holiday list.
Published on May 22, 2024 11:11 AM IST

Awfis Space Solutions IPO opens today: Latest GMP, price band and key details

Awfis Space Solutions IPO: The allotment of Awfis Space IPO is expected to be finalized on May 28 while the listing date is May 30.

Awfis Space Solutions IPO: The allotment of Awfis Space IPO is expected to be finalized on May 28.
Published on May 22, 2024 10:20 AM IST
By | Edited by Mallika Soni

Paytm Q4 Results: Net loss widens to 550 crore, revenue down 2.9% YoY

Paytm Q4 results: The annual revenue of Paytm increased by about 25 per cent to ₹9,978 crore for FY24 from ₹7,990.3 crore in FY23.

Paytm Q4 results: The annual revenue of Paytm increased by about 25 per cent to <span class='webrupee'>₹</span>9,978 crore for FY24.(Bloomberg)
Updated on May 22, 2024 10:03 AM IST

PM Modi's praise for Zomato CEO's ‘janta hai tera baap kaun hai’ speech

Deepinder Goyal shared what his father said when he first came up with the idea to launch his startup.

Deepinder Goyal spoke at Vishesh Sampark- an event hosted by Hardeep Singh Puri, Minister of Petroleum and Natural Gas, and Rajeev Chandrasekhar, Minister of State for Electronics and Information Technology.
Updated on May 22, 2024 09:23 AM IST
By | Edited by Mallika Soni

Meet Nikesh Arora: Indian-origin CEO who is second-highest paid in the world

Nikesh Arora is an alumnus of Delhi's Air Force Public School and was also Google's chief business officer.

Indian entrepreneur and former Softbank president Nikesh Arora (L) and Ayesha Thapar arrive at the Tenth Breakthrough Prize Ceremony at the Academy Museum of Motion Pictures in Los Angeles, California.(AFP)
Published on May 22, 2024 08:58 AM IST

Dixon Tech to make Google Pixel 8 phones in India: Report

The trial production phase for the super-premium phone has already commenced, the report claimed.

Google Pixel 8 and Pixel 8 Pro in the new Mint colour (Image courtesy: twitter/com/ishanagarwal24)
Updated on May 22, 2024 08:24 AM IST

OpenAI's Sam Altman says AI is ‘safe enough’ after Scarlett Johansson row

OpenAI is grappling with questions about the safety of the company's AI following the departure of the team responsible for mitigating long-term AI risks.

OpenAI CEO Sam Altman speaks during the Microsoft Build conference at the Seattle Convention Center Summit Building in Seattle, Washington.(AFP)
Updated on May 22, 2024 07:27 AM IST
By | Edited by Mallika Soni

Build 2024: Microsoft introduces Team Copilot and updates on Azure Cobalt 100

Team Copilot will serve as a designated meeting minder, taking notes, summarizing the most important information and tracking deadlines.

Microsoft Chairman and Chief Executive Officer Satya Nadella speaks about Windows Copilot Library during the Microsoft Build opening keynote at the Seattle Convention Center Summit Building in Seattle, Washington.(AFP)
Published on May 22, 2024 07:26 AM IST
Bloomberg |

Why OpenAI’s imitation of Scarlett Johansson drew actor’s ire

Scarlett Johansson expressed shock over OpenAI's chatbot voice resembling hers. Transparency and ethics in AI development are now under scrutiny.

Actor Scarlett Johansson had accused OpenAI of creating a voice for the ChatGPT system that sounded ‘eerily similar’ to her after she declined to voice the chatbot herself. (REUTERS)
Updated on May 22, 2024 01:02 AM IST
By, New Delhi

Elon Musk on Satya Nadella's Microsoft Recall comment: 'Turning this feature...'

In the video, Satya Nadella said, “It's not keyword search, it's semantic search over all your history."

Elon Musk is not a fan of the new Microsoft feature as he said that he will turn it “off” while commenting on a video of Satya Nadella.
Updated on May 23, 2024 08:52 AM IST
By | Edited by Mallika Soni

Amitabh Kant asked ‘why India still developing, not developed nation'. His reply

Amitabh Kant responded with an explanation on the criteria used to determine a country’s development status.

India's G20 Sherpa and former Niti Aayog CEO Amitabh Kant during the CII Southern Region Annual Regional Meeting 2024 and conference on 'Deccan Conversations: Accelerating Our Growth Story, in Bengaluru.(PTI)
Published on May 21, 2024 04:27 PM IST

Pakistan GDP grows 2.09% in Q3, supported by agriculture

Last week in its half yearly report, Pakistan's central bank projected real GDP growth of 2-3% for the fiscal year 2024.

A farmer plants saplings in a rice field on the outskirts of Lahore, Pakistan.(Reuters)
Published on May 21, 2024 03:33 PM IST
Reuters |

Elon Musk is eyeing this India neighbour for Starlink internet service?

Elon Musk visited China and Indonesia and he met with Sri Lanka's President Ranil Wickremesinghe at the 10th World Water Forum in Bali.

Tech billionaire Elon Musk arrives at Ngurah Rai International airport in Denpasar on Indonesia's Bali island.(AFP)
Published on May 21, 2024 03:27 PM IST
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