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Amazon's AI partnership with Anthropic gets UK nod

Published on Sep 27, 2024 13:07 IST

Amazon's AI partnership with Anthropic, including a $4 billion investment, will not face deeper scrutiny from the UK's competition regulator. Similar collaborations by Microsoft are cleared, but Alphabet's remains under investigation. Anthropic emphasizes its independence from larger tech investors.

Why Google paid $2.7 billion to rehire 48-year-old AI genius Noam Shazeer

Noam Shazeer, a key AI figure, is back at Google for $2.7 billion after founding Character.AI. His return is seen as pivotal for the company’s AI advancements, including the development of Gemini.

Updated on Sep 30, 2024 09:12 IST

India's forex reserves hit all time high, inch closer to $700 billion

India's foreign exchange reserves rose to a record $692.3 billion by Sept. 20, increasing by $2.84 billion. The rupee strengthened due to favorable U.S. Federal Reserve actions and local stock inflows, settling at 83.70.

Published on Sep 27, 2024 12:01 IST

Flipkart is sorry for advertisement calling husbands ‘aalsi, bewakoof’

Flipkart apologized for an advertisement featuring derogatory terms for husbands, which has now been taken down. The 'Big Billion Days' sale is currently active until October 6.

Updated on Sep 27, 2024 11:59 IST

A look at gold and silver rates ahead of festive season this week

Gold and silver prices dipped on Friday, yet both are on track for weekly gains. Silver reached a 10-year high earlier, with analysts predicting continued strength for gold due to potential Fed rate cuts and global tensions.

Published on Sep 27, 2024 11:03 IST

Thailand employee dies at work after manager denies sick leave, CEO ‘devastated’

After being denied sick leave, a 30-year-old factory worker in Thailand collapsed at work and later died. May had been previously hospitalized for an inflamed large intestine. Delta Electronics expressed deep regret and committed to supporting her family.

Published on Sep 27, 2024 10:59 IST

Goldman Sachs' Alok Oberoi, Bellavita's Aakash Anand are investing in this…

TraqCheck was founded in late 2020 by Armaan Mehta, Jaibir Nihal Singh, and Rishabh Jain.

Published on Sep 27, 2024 10:37 IST

These money rules will affect your finances from October 1

From October 1, 2024, expect changes in financial policies, including PNB savings account fees, ICICI Bank's debit card benefits, HDFC Bank credit card limits, small savings account adjustments, and new TDS regulations on property sales.

Published on Sep 27, 2024 10:27 IST

Centre's new internship scheme may launch next week, check details: Report

The guidelines state that the job roles for interns must be skill-based and not be about menial tasks to ensure that the programme actually contributes meaningfully to skill building

Published on Sep 27, 2024 10:09 IST

China stocks see biggest weekly rally since 2008 that overwhelms exchange

People walk on an overpass with a display of stock information in front of buildings in the Lujiazui financial district in Shanghai, China.

Published on Sep 27, 2024 09:36 IST

Saturday bank holiday: Are banks open or closed on September 28?

Saturday Bank holiday: Banks are closed on September 28 for the fourth Saturday. The Reserve Bank of India outlines bank holidays monthly, allowing digital banking services to continue despite physical closures.

Updated on Sep 27, 2024 12:40 IST

Looking forward to Swiggy IPO? All you need to know before making the order

Swiggy IPO: The Securities and Exchange Board of India has approved Swiggy's updated draft red herring prospectus for a major IPO aiming to raise <span class='webrupee'>₹</span>3,750 crore, contributing to a total size of <span class='webrupee'>₹</span>10,414 crore.

Updated on Sep 27, 2024 08:52 IST

Flipkart Big Billion Days 2024: The Apple iPhone 15 prices can go as low as…

Published on Sep 27, 2024 08:50 IST

Dell's new memo for global sales team: Work five days a week in office

Dell Technologies has announced that its global sales team must return to the office five days a week starting September 30, prioritizing collaboration. Remote work options remain for those unable to commute, with updates on policy pending.

Published on Sep 27, 2024 08:35 IST

Cisco's first manufacturing facility in India at Chennai to create 1,200 jobs

Cisco's Chennai facility opens with a multi-year investment plan to enhance production capabilities. The site, developed with Flex, aims to generate USD 1.3 billion yearly and create 1,200 jobs, focusing on advanced routing technology.

Published on Sep 27, 2024 08:27 IST

Amazon Great Indian Festival Sale 2024: What are the top Android, Apple deals?

Amazon Great Indian Festival Sale 2024

Updated on Sep 27, 2024 08:42 IST

Your complete guide to PM Kisan Samman Nidhi 18th installment

PM-Kisan Yojana offers <span class='webrupee'>₹</span>2,000 every four months to farmer families in India. The 18th installment is anticipated on October 5, 2024. Farmers need to complete mandatory eKYC through OTP, biometric, or face authentication methods to access benefits.

Updated on Sep 27, 2024 07:52 IST

Toyota production is falling, all because of China and Japan

Toyota expanded its share buyback plan to ¥1.2 trillion ($8.3 billion) amid strong hybrid sales in North America. The company also adjusted its 2026 battery EV sales goal down to 1 million.

Published on Sep 27, 2024 07:33 IST

“Times are tough,” says laid off Disney employee who worked there for five years

The entrance to Walt Disney studios is seen in Burbank, California, U.S. August 6, 2018.

Published on Sep 27, 2024 07:04 IST

NPCI to develop payments system- like India's UPI- for Trinidad and Tobago

NPCI International Payments Limited is set to establish a digital payments system in Trinidad and Tobago, modeled after India's UPI. This venture aims to support various transaction types and follows NIPL's earlier agreements with Peru and Namibia, with ongoing discussions in Africa and South America.

Updated on Sep 27, 2024 07:00 IST

Kiran Mazumdar-Shaw's niece makes debut at Nasdaq with Bicara: ‘So very proud’

At Nasdaq's opening bell, Kiran Mazumdar-Shaw supported her niece Claire Mazumder as Bicara Therapeutics launched, raising a billion dollars. The Boston firm focuses on innovative therapies for solid tumors, signaling a promising future in cancer treatment.

Published on Sep 27, 2024 06:51 IST

Why are SpiceJet shares rising today? GST dues, salary clearance and QIP

SpiceJet has cleared all GST dues and settled a dispute with ELFC. The airline also paid off salary dues to employees, showcasing its financial discipline and regulatory compliance.

Published on Sep 27, 2024 06:39 IST

Sebi working on a dozen AI projects for speed, efficiency: Madhabi Puri Buch

Sebi Chairperson Madhabi Puri Buch during the inauguration of investor awareness initiatives by the Association of Mutual Funds in India (AMFI), in Mumbai, Thursday, Sept. 26, 2024

Published on Sep 27, 2024 06:13 IST

Nvidia CEO Jensen Huang loves Meta's new ‘Orion’ prototype glasses

Mark Zuckerberg talks about the Orion AR glasses during the Meta Connect conference Wednesday, Sept. 25, 2024, in Menlo Park, California

Published on Sep 27, 2024 05:16 IST

Gold Rate Today 27-09-2024: Check latest prices in your city

Gold silver image

Published on Sep 27, 2024 04:45 IST

As buyers accept a premium for good audio, spotlight remains on headphones

The customisable Dyson OnTrac headphones, and (right) new colours on the updated Apple AirPods Max. (Vishal Mathur/HT PHOTO)

Updated on Sep 27, 2024 03:49 IST

‘Moonlighting’ directors are a problem for company boards in Japan

A man watches the cityscape of Tokyo from an observation deck located on the top floor of Roppongi Hills Mori Tower

Published on Sep 27, 2024 03:44 IST

Swiggy files for ₹3,750 crore IPO, to use ₹1,120 crore for Scootsy

Food delivery giant Swiggy has filed its updated Draft Red Herring Prospectus (DRHP) for its Initial Public Offering (IPO) worth <span class='webrupee'>₹</span>3,750 crore on Thursday, September 26, 2024.

Published on Sep 27, 2024 03:33 IST

HDFC bank sells $717 million of home loans to reduce credit book

The deals confirm India’s largest bank in market value is intensifying efforts to shrink its retail loan portfolio amid heightened regulatory pressure to improve the sector’s credit-deposit ratios

Updated on Sep 27, 2024 02:30 IST

OpenAI discusses giving Sam Altman a 7% stake and shift to a for-profit model

OpenAI CEO Sam Altman speaks during the Microsoft Build conference at the Seattle Convention Center Summit Building in Seattle, Washington.

Published on Sep 27, 2024 01:48 IST

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