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DA hike by 3% for all central government employees ahead of Diwali

Updated on Oct 16, 2024 11:58 IST

The centre hiked the dearness allowance (DA) for all central government employees by 3%

AI human capital management venture may come by IPO-bound OfBusiness' Nitin Jain

Nitin Jain, the co-founder and chief business officer (CBO) of OfBusiness may launch an artificial intelligence (AI) startup for Human Capital Management (HCM) solutions,

Published on Oct 16, 2024 07:16 IST

Central government employees may soon get 3% DA hike and 3 month arrears: Report

This means more than one crore central government employees as well as pensioners will get their October month pay with the increased DA as well as three months' worth of DA arrears.

Published on Oct 16, 2024 06:09 IST

Apple launches iPad Mini in India: Check prices, AI features, availability date

Apple has launched the new iPad Mini in India, powered by the A17 Prochip enabling it to run Apple Intelligence, the tech giant's new suite of AI features.

Published on Oct 16, 2024 05:25 IST

Gold Rate Today 16-10-2024: Check latest prices in your city

Gold silver image

Published on Oct 16, 2024 04:45 IST

Samsung India workers end month-long strike: ‘Welfare measures agreed’

Samsung Electronics' month-long strike in southern India has concluded as workers agreed to welfare measures. Tamil Nadu's industry minister confirmed the resumption of work, while Samsung India reassured it would enhance conditions in its Chennai factory amid rising employee dissatisfaction.

Published on Oct 16, 2024 03:46 IST

OpenAI brings on security executive Dane Stuckey from Palantir

OpenAI has hired Dane Stuckey, previously CISO at Palantir, as co-chief information security officer. He will work with Matt Knight, emphasizing the necessity of security in AI advancement after recent leadership shifts, according to CEO Sam Altman.

Published on Oct 16, 2024 03:43 IST

Johnson & Johnson to pay $15 million to man who says its talc caused his cancer

Johnson & Johnson products are displayed for sale on shelves at a Target store.

Published on Oct 16, 2024 03:09 IST

Viral video: Mark Zuckerberg has a new job? Meta CEO turns nail artist for daugh

The image shows Meta CEO Mark Zuckerberg carefully painting his daughter’s nails.

Published on Oct 16, 2024 01:44 IST

‘Ratan Tata was a mentor to Akash’: Nita Ambani’s tribute to visionary leader

“He was a dear friend of my father-in-law, Mukesh and our family," Nita Ambani on Ratan Tata.

Updated on Oct 16, 2024 24:44 IST

SBI cuts loan interest rate by 25 bps on this short-term tenure: Check details

SBI's base rate is 10.40%, and the Benchmark Prime Lending Rate is 15.15% as of September 15. Home loan interest rates vary between 8.50% and 9.65%, influenced by the borrower's CIBIL score.

Published on Oct 15, 2024 08:38 IST

Are investors being cautious about Hyundai Motor India IPO? ‘Euphoria is over’

Hyundai Motor India's IPO excitement is fading, with gray market premiums falling to 60 rupees. This reflects challenges in a competitive market amid declining demand. The $3.3 billion IPO is set to boost fundraising in India, starting trading on Oct. 22.

Updated on Oct 15, 2024 08:31 IST

Hyundai IPO: How are investors responding to India's biggest-ever issue?

Hyundai Motor India mobilized <span class='webrupee'>₹</span>8,315.3 crore from 225 anchor investors ahead of its IPO. Notable global investors included Baillie Gifford, Vanguard, and Goldman Sachs. Various mutual funds also participated in the anchor round, including ICICI Prudential and HDFC.

Updated on Oct 15, 2024 07:42 IST

India-Canada diplomatic ties at new low, but air connectivity soars to new high

An IndiGo aircraft and an Air India aircraft on the tarmac at Indira Gandhi International Airport in New Delhi.

Updated on Oct 15, 2024 08:35 IST

At Blinkit, there is no 'zero notice period' policy anymore. Goal: Retain talent

To combat talent poaching by competitors, Blinkit has revised its employment contracts, increasing notice periods to two months. The decision reflects the competitive landscape, as companies like Zepto and Swiggy aggressively recruit employees from e-commerce giants.

Published on Oct 15, 2024 06:48 IST

Reliance misses profit estimate on poor show by energy units

Mukesh Ambani's Reliance Industries posted a 4.8% decline in net income, totaling 165.6 billion rupees, below analyst expectations for the sixth quarter in a row. Revenue reached 2.35 trillion rupees, reflecting challenges in the oil-to-chemicals sector.

Published on Oct 15, 2024 06:37 IST

Tokyo Metro’s IPO to raise $2.3 billion in Japan’s biggest listing in six years

Published on Oct 15, 2024 05:23 IST

Boom and crash: How have India's biggest IPOs performed?

Notable past IPOs include Paytm, Reliance Power, and GIC, which suffered losses, while Coal India, Zomato, and HDFC Life Insurance yielded positive returns.

Updated on Oct 15, 2024 05:25 IST

Gold Rate Today 15-10-2024: Check latest prices in your city

Gold silver image

Published on Oct 15, 2024 04:45 IST

Jensen Huang is all praises for Elon Musk’s xAI supercomputer: ‘Superhuman’ feat

Jensen Huang of Nvidia commended xAI and Elon Musk for their exceptional work on the Colossus supercomputer, made from 100,000 GPUs, completed in just 122 days. Nvidia's stock has increased by 14% this month, driven by positive investor sentiment.

Published on Oct 15, 2024 04:33 IST

China's ‘largest’ plan to boost economic growth is coming soon

China could raise 6 trillion yuan in ultra-long bonds to support its economy and assist local governments with off-balance-sheet debt, addressing substantial financing risks amid declining land and tax income.

Published on Oct 15, 2024 04:25 IST

Meta's Facebook, Instagram back up for most users in US after brief outage

After a major outage affecting Facebook and Instagram, services were largely restored for US users. Peak reports reached over 12,000 for Facebook and 5,000 for Instagram.

Updated on Oct 15, 2024 03:38 IST

Hyundai IPO opens today. Here's what you need to know before investing

The allotment for the Hyundai Motor IPO is expected to be finalised on October 18, while the stock will list on BSE, NSE with tentative listing date fixed as October 22, 2024.

Updated on Oct 15, 2024 03:33 IST

Man gets Ratan Tata’s face tattooed on chest, shares reason behind it

The image shows the man who got a tattoo of Ratan Tata on his chest.

Published on Oct 15, 2024 03:09 IST

Nvidia could be world's most valuable company soon, unseating Apple

Nvidia's stock surged 2.4%, closing at $138.07, as it approaches Apple's market value. The company is a leader in AI technology, with a current market cap of $3.39 trillion, just below Apple's $3.52 trillion.

Published on Oct 15, 2024 02:45 IST

Oil prices fall 3% as concerns ease on potential Iran supply disruption

Brent crude and West Texas Intermediate futures fell 3% as Israel's non-targeting of Iranian oil eased supply fears. OPEC's lowered demand growth forecasts for 2024 and 2025 contributed to this decline, alongside reduced crude shipments to China and deflationary pressures.

Published on Oct 15, 2024 02:34 IST

China moves to tax the ultra-rich for overseas investment gains

Wealthy Chinese are facing a new tax on overseas investment gains, with potential levies up to 20%. This initiative supports President Xi's campaign for wealth equality and is part of efforts to enhance government revenue as economic growth slows.

Published on Oct 15, 2024 02:29 IST

Niira Radia reveals last time she met Ratan Tata: ‘I remained in touch with him’

Former corporate lobbyist Niira Radia shared anecdotes on Ratan Tata.

Updated on Oct 14, 2024 15:04 IST

Decoding Adobe’s new Adaptive Profile and Generative Extend editing tech

Unlike existing profiles such as Adobe Color or Adobe Landscape, the new Adobe Adaptive is image dependent. (Official image)

Published on Oct 14, 2024 14:32 IST

With AI as a foundation, Adobe gives its creative apps a broader feature suite

Adobe, at their annual creative conference called Adobe MAX, have announced a broad-spectrum functionality set that will now be bolted on to their popular array of apps. (Official image)

Published on Oct 14, 2024 14:16 IST

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