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‘Uncomfortable’ Musk wants more voting control at Tesla to build AI

Jan 16, 2024

San Francisco, Jan 16 (IANS) Elon Musk on Tuesday said that he is "uncomfortable" growing Tesla to be a leader in artificial intelligence (AI) and robotics without having 25 per cent voting control at the company.The Tesla CEO currently has around 13.4 per cent stake in the electric car company as he sold his shares in order to acquire X for $44…

All kinds of preparations on for Swiggy’s IPO: Co-founder

Jan 16, 2024

New Delhi, Jan 15 (IANS) Online food delivery platform Swiggy's co-founder and CEO Sriharsha Majety has said that all preparations are underway for its mega Initial Public Offering (IPO), via which it is likely to raise $1 billion later…

Business

RBI proposes stricter rules for housing finance firms

Jan 16, 2024

Mumbai, Jan 15 (IANS) The RBI on Monday issued a draft circular which proposes to harmonise regulations of housing finance companies (HFCs) with that of non-banking finance companies (NBFCs) in several areas such as minimum capital…

Business

Byju’s-onwed Aakash profit up by 82%, crosses Rs 1,400 cr revenue in FY22

Jan 15, 2024

New Delhi, Jan 15 (IANS) While edtech major Byju's has recently made headlines for all the wrong reasons, the company-owned Aakash Educational Services has saw its profit increase by 82 per cent to Rs 79.5 crore in FY22. It is a significant…

Business

Haryana government launches one-time settlement scheme to settle pre-GST tax dues

Jan 15, 2024

Gurugram, Jan 15 (IANS) The Haryana government has introduced the One Time Settlement (OTS)-2023 Scheme, through the Excise and Taxation Department, to settle pending tax payments pertaining to the pre-GST regime.It was a long-standing…

Business

WhatsApp’s new feature lets you share polls in channels on iOS

Jan 15, 2024

San Francisco, Jan 15 (IANS) Meta-owned WhatsApp is reportedly rolling out a new feature to some beta testers that will let users share polls in channels on iOS. As shown in the screenshot shared by WABetaInfo, some beta testers can explore…

Business

Global economic prospects remain subdued, says Chief Economists Outlook

Jan 15, 2024

Davos Klosters, Jan 15 (IANS) Global economic prospects remain subdued and fraught with uncertainty, the latest Chief Economists Outlook released on Monday said.The predictions come as the global economy continues to grapple with headwinds…

Business

Govt scraps licence requirement for big electricity consumers to set up power lines

Jan 15, 2024

New Delhi, Jan 15 (IANS) The Power Ministry on Monday issued new rules to allow bulk consumers of electricity who have Energy Storage Systems (ESS) to establish, operate and maintain dedicated transmission lines themselves without the…

Business

Now deepfake video of Sachin Tendulkar comes out promoting gaming app

Jan 15, 2024

New Delhi, Jan 15 (IANS) Iconic cricketer Sachin Tendulkar has become the latest celebrity to fall victim to a deepfake video.On Monday, Tendulkar took to the micro-blogging site X, informing that his deepfake video promoting a gaming…

Business

Sensex, Nifty reach new highs

Jan 15, 2024

New Delhi, Jan 15 (IANS) Founder and CEO SAS Online Shrey Jain on Monday said that the week has begun on a positive note as Sensex achieved a historic milestone -- surpassing 73,000 for the first time -- while Nifty has crossed 22,000 mark.…

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