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SEBI Chairperson unveils Investor Risk Reduction Access platform

Nov 21, 2023

Mumbai, Nov 20 (IANS) Chairperson of the Securities and Exchange Board of India (SEBI), Madhabi Puri Buch has launched the Investor Risk Reduction Access (IRRA) platform at the Bombay Stock Exchange (BSE).Risk Mitigation in financial markets is an evergreen subject and constant efforts are made by regulators to address risks of various kinds.The…

BSE 500 companies revenues flat but profits zoom

Nov 21, 2023

New Delhi, Nov 21 (IANS) The 2QFY24 results of BSE-500 Index companies showed further weakness in revenues (0.7 per cent yoy decline ex-BFSI), even as earnings growth remained robust (47 per cent yoy), Kotak Institutional Equities said in a…

Business

Weakening Chinese growth prospects will weigh on commodities

Nov 21, 2023

New Delhi, Nov 21 (IANS) The range bound movement of the market is likely to be broken with an upward move soon, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.The global cues are supportive. The softening…

Business

US SEC sues crypto trading platform Kraken

Nov 21, 2023

Washington, Nov 21 (IANS) The US Securities and Exchange Commission (SEC) has charged crypto trading platform Kraken for operating as an unregistered securities exchange, broker, dealer and clearing agency.According to the SEC’s complaint,…

Business

Fintech startup Kiwi raises $13 mn led by Omidyar Network India

Nov 21, 2023

Bengaluru, Nov 21 (IANS) Homegrown fintech startup Kiwi on Tuesday said it has $13 million (about Rs 108 crore) in a Series-A funding round led by Omidyar Network India.Existing investors, Nexus Venture Partners and Stellaris Venture…

Business

Salesforce CEO offers jobs to any OpenAI researcher who has quit

Nov 21, 2023

New Delhi, Nov 21 (IANS) Enterprise software major Salesforce’s Chair and CEO Marc Benioff on Tuesday offered jobs to any OpenAI researcher who has tendered resignation and their immigration is impacted, as more than 500 OpenAI staffers…

Business

Over 500 of about 770 OpenAI employees threaten to quit, join Microsoft

Nov 21, 2023

San Francisco, Nov 20 (IANS) After Microsoft hired former OpenAI CEO Sam Altman to run its advanced AI research vertical called 'Sam', more than 500 employees at ChatGPT develop on Monday reportedly threatened to resign and join Microsoft.…

Business

ChatGPT witnesses record visits of 14.6bn over the past year: Report

Nov 21, 2023

New Delhi, Nov 20 (IANS) OpenAI's artificial intelligence (AI) chatbot ChatGPT has witnessed a record total traffic of 14.6 billion over the past year, a new report said on Monday. Averaging at 1.5 billion visits every month, ChatGPT…

Business

ED files charge sheet against Amway, claims firm generated proceeds of crime of over Rs 4K cr

Nov 21, 2023

New Delhi, Nov 20 (IANS) The Enforcement Directorate (ED) on Monday said that it has filed a chargesheet against health and beauty company Amway India Enterprise Pvt. Ltd (Amway) in connection with its probe into a money laundering probe,…

Business

Mumbai airport recovers 107% of pre-Covid pandemic traffic in Oct 2023

Nov 21, 2023

Mumbai, Nov 20 (IANS) The Chhatrapati Shivaji Maharaj International Airport (CSMIA) has notched a recovery of 107 per cent passenger traffic in October 2023 compared with the pre-pandemic levels of October 2019, an official said here on…

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