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Meta purges over 37 mn bad pieces of content on FB, Insta in India in Oct

Dec 1, 2023

New Delhi, Dec 1 (IANS) Meta said that it took down over 33.6 million pieces of content across 13 policies for Facebook and over 3.4 million pieces of content across 12 policies for Instagram in India in October. Between October 1-31, Facebook received 12,960 reports through the Indian grievance mechanism, and said that it provided tools for users…

GenAI needs to gain cultural fluency like humans: Amazon CTO

Dec 1, 2023

Las Vegas, Dec 1 (IANS) In the coming years, culture will play a crucial role in how generative Ai is designed, deployed and consumed, Amazon CTO Dr Werner Vogels has said.Large language models (LLMs) trained on culturally diverse data will…

Business

Musk’s X sees wave of resignations from sales team after giving bonus: Report

Dec 1, 2023

San Francisco, Dec 1 (IANS) Elon Musk-run X Corp has witnessed a wave of resignations from the sales team over the past month, media reports said. According to a report by Claire Atkinson, the sales staff started exiting the company shortly…

Business

Midcap index rising for last 21 sessions, hitting fresh highs since Nov 16

Dec 1, 2023

New Delhi, Dec 1 (IANS) The Nifty Midcap 100 index has been rising for the last 21 trading sessions and has been hitting fresh all-time highs since November 16, said Nandish Shah, Deputy Vice President, Retail Research, HDFC…

Business

‘With more than 5% move in Nov, Nifty index looks to be 13% overvalued’

Dec 1, 2023

New Delhi, Dec 1 (IANS) The Nifty-50 index was up 5.6 per cent in November. A report by Kotak Institutional Equities said that "as per our 'Nifty fair value' model that accounts for changes in index valuation by looking at expected growth,…

Business

RBI, Bank of England ink pact on sharing info

Dec 1, 2023

Mumbai, Dec 1 (IANS) Reserve Bank of India (RBI) and Bank of England (BoE) on Friday signed a Memorandum of Understanding (MoU) concerning cooperation and exchange of information in relation to the Clearing Corporation of India Limited…

Business

Nifty hits all-time high on strong GDP estimates

Dec 1, 2023

New Delhi, Dec 1 (IANS) Nifty reached historic highs on Friday, with the mid-small cap segment also on the rise, fuelled by faster-than-expected economic growth in the September quarter and increased optimism regarding the global interest…

Business

UP transport dept, Maruti to sign MoU for maintaining DTIs

Dec 1, 2023

Lucknow, Dec 1 (IANS) The Uttar Pradesh transport department will soon sign an MoU with Maruti Suzuki for handling tasks related to automation, operation and maintenance of the Driving Training and Testing Institutes (DTI) in the state.The…

Business

Whirlpool India shares fall by over 8% after parent company announces plan to sell stake up to 24%

Dec 1, 2023

New Delhi, Dec 1 (IANS) Whirlpool of India shares are down by more than 8 per cent on Friday after the parent company announced the plans to cut its stake by up to 24 per cent. Whirlpool of India shares are down 8.83 per cent at Rs 1429 on…

Business

Bengaluru Tech Summit: India has highest intellectual capital per dollar, says scientist Mashelkar

Dec 1, 2023

Bengaluru, Dec 1 (IANS) India has the highest intellectual capital per dollar which is the reason Indian innovation is taking the world by storm said acclaimed R.A. Mashelkar, Former Director General, Council of Scientific and Industrial…

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