Govt intends to Transfer Unclaimed Funds from Sahara-Sebi Return Account

Govt intends to Transfer Unclaimed Funds from Sahara-Sebi Return Account

According to reports, the government is investigating the legality of moving unclaimed monies from the Sahara-Sebi Refund Account to the Consolidated Fund of India. It is believed to include a provision for later-filed claims by investors. This...

The claims of Favouritism are an attempt to put the Dharavi project on Hold

The claims of Favouritism are an attempt to put the Dharavi project on Hold

On Saturday, the Adani Group-led Dharavi Redevelopment Project (DRP) denied claims of favoritism in the case. DRP, which includes the Maharashtra government as a stakeholder, claimed in a statement that "vested interests" are aiming to...

27 Companies Approved for PLI: More than 50,000 Jobs are Expected

27 Companies Approved for PLI: More than 50,000 Jobs are Expected

The Indian government's adoption of Production Linked Incentive (PLI) schemes in the IT hardware sector is a significant step towards increasing local production. The Minister for Electronics and Information, Ashwini Vaishnaw, said that 27...

OpenAI CEO Sam Altman was Fired after Disagreements with the Board of Directors

OpenAI CEO Sam Altman was Fired after Disagreements with the Board of Directors

According to a person familiar with the situation, OpenAI fired Sam Altman due to wide-ranging conflicts between the CEO and his board, particularly Ilya Sutskever, an OpenAI co-founder and the company's chief scientist.   ...

New CEO of OpenAI Mira Murati Speaks the Company and AI

New CEO of OpenAI Mira Murati Speaks the Company and AI

Mira Murati, who formerly served as chief technology officer (CTO) at ChatGPT-maker OpenAI, has been chosen as the business's temporary CEO, effective immediately, while the company searches for a permanent replacement. Here are the...

Sam Altman has been fired from OpenAI

Sam Altman has been fired from OpenAI

Sam Altman, one of the most important personalities in the realm of artificial intelligence, is being driven out of OpenAI — the firm behind the enormously popular ChatGPT chatbot he helped design - after the board expressed doubts...

Building India's Deeptech Infrastructure Has Become Imperative

Building India's Deeptech Infrastructure Has Become Imperative

According to Zinnov's estimates, the deep tech enterprises market has developed at a fantastic compound annual growth rate (CAGR) of 44 percent over the last decade, garnering $4.2 billion in funding last year. Adopting deep...

Indian Exports are expected to reach $400 Billion by 2030

Indian Exports are expected to reach $400 Billion by 2030

New Delhi, India – The value of India's e-commerce exports, which are currently worth $1 billion per year, is expected to rise to $400 billion in the next six to seven years, according to Santosh Kumar Sarangi, director general of...

Ashneer Grover and Madhuri Jain Stopped at Delhi Airport for BharatPe Fraud

Ashneer Grover and Madhuri Jain Stopped at Delhi Airport for BharatPe Fraud

Ashneer Grover, former managing director of BharatPe, and his wife Madhuri Jain were halted at the Indira Gandhi International Airport Thursday evening on their way to New York, according to persons familiar with the situation. "Ashneer...

SEBI Intends On Simplifying Delisting Regulations

SEBI Intends On Simplifying Delisting Regulations

The Securities and Exchange Board of India (Sebi) intends to evaluate delisting standards to make the process more efficient, said chairperson Madhabi Puri Buch at an event on Thursday. Furthermore, the regulator is considering revising rules...

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