Business
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UK-India Business Council for early conclusion of FTA negotiations
Kolkata: UK-India Business Council (UKIBC), a trade body with a mission to grow trade and investments between the two countries, on Monday said the negotiations on the Free Trade Agreement (FTA) should…
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Saudi Arabia announces discovery of two natural gas fields
Riyadh: The Kingdom of Saudi Arabia’s oil giant Aramco has announced the discovery of two new natural gas fields in the Empty Quarter, the Saudi Press Agency (SPA) reported. In a statement, Minister…
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Markets decline in early trade amid foreign fund outflows
Mumbai: Equity benchmark indices fell in early trade on Monday, extending their previous day’s decline, amid fresh foreign fund outflows. The 30-share BSE Sensex declined 97.18 points to 65,697.55 after a muted…
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Talks between Sam Altman, OpenAI in final stage for his return as CEO
San Francisco: The suspense over Sam Altman’s return as the CEO of OpenAI continued on Monday as OpenAI leaders and investors sought to reinstate Altman at the company which unceremoniously sacked him…
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Market expected to maintain positive momentum
New Delhi: Market is expected to maintain its positive momentum in the short term, supported by declining oil prices and moderating US yields, says Vinod Nair, Head of Research at Geojit Financial…
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Amazon lays off employees in India amid global churning in Alexa division
New Delhi: Amazon has announced to lay off “several hundred employees” from its Alexa division, including in India, amid a renewed focus on artificial intelligence (AI). The number of employees being impacted…
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What led to AI poster boy Sam Altman’s unceremonious exit from OpenAI?
New Delhi: The unexpected and unceremonious ouster of Sam Altman from OpenAI, the maker of ChatGPT, has left many unanswered questions as to why the company, which is undoubtedly leading the massive…
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Using advanced AI to spot & remove fake customer reviews: Amazon
New Delhi: Amazon has said it is using advanced artificial intelligence (AI) to to spot inauthentic product reviews on the platform, ahead of Black Friday amid the ongoing holiday shopping season. The…
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OpenAI board will go after my shares if I go off: Sacked CEO Sam Altman
San Francisco: Sacked OpenAI CEO Sam Altman on Saturday started spilling the beans, saying if he starts to reveal the secrets, the board of the ChatGPT company will go after him for…
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Just 7 women-led startups in India receive funding this year
New Delhi: Funding in women-led startups in India decreased from 183 startups in 2014 to a mere 7 this year to date, according to a new report. The funding landscape for women-led…
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Apple, other major firms pull ads from X, Here’s why
San Francisco: After tech major IBM, iPhone maker Apple has also reportedly pulled advertising from X as its owner Elon Musk continues to endorse far-right viewpoints and agrees with posts that promote…
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IndiGo soars high with over 2K daily flights, achieves new milestone in Indian aviation
New Delhi: IndiGo has achieved a historic landmark by surpassing the milestone of over 2,000 planned flights a day, making it the first airline in the country and marks a significant leap…
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Hyundai Group chief resigns as chair of board at elevator unit
Seoul: Hyundai Group Chairwoman Hyun Jeong-eun will step down as chair of the board of directors at the group’s elevator unit next month to help improve its governance structure, the company said…
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Amazon laying off hundreds in Alexa division, India team impacted
San Francisco: Amazon is laying off “several hundred employees” from its Alexa devision, including in India, amid a renewed focus on artificial intelligence (AI), the media reported on Friday. In a memo…
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India’s 4-point action plan can make Global South a key player in supply chain: Piyush Goyal
New Delhi: The Global South needs to discuss ways and means for countries to act together to ensure that our supply chains are more open, secure and resilient, Commerce and Industry Minister…
