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OpenAI generating 100 bn words per day: Sam Altman
Business

OpenAI generating 100 bn words per day: Sam Altman

New Delhi, Feb 10: ChatGPT maker OpenAI is currently generating about 100 billion worlds per day, its Co-founder and CEO Sam Altman revealed on Saturday, as he seeks trillions of dollars to reshape the future of chips and artificial intelligence (AI). In a post on X, Altman said that he needs...
Spotify shutting feature that lets podcasters use full licenced music tracks
Business

Spotify shutting feature that lets podcasters use full licenced music tracks

San Francisco, Feb 10: Music streaming giant Spotify has announced its decision to shut down some of its platform’s features in June, including web and mobile recording as well as 'Music + Talk' -- an experimental feature that allowed podcasters to include full licenced music tracks in their podcast...
Fintech startup Paymart to offer
Business

Fintech startup Paymart to offer 'virtual ATM', partners 5 Indian banks

New Delhi, Feb 9: Fintech startup Paymart on Friday said that it has partnered with five Indian banks to offer its innovative virtual, cardless, and hardware-less cash withdrawal service. Paymart has partnered with five prominent banks, including IDBI Bank, Indian Bank, Jammu & Kashmir Bank,...
MHA decides to scrap Free Movement Regime between India and Myanmar
Business

MHA decides to scrap Free Movement Regime between India and Myanmar

New Delhi, Feb 8: The Union Ministry of Home Affairs (MHA) has decided to scrap the Free Movement Regime (FMR) between India and Myanmar to ensure the internal security of the country and to maintain the demographic structure of India’s northeastern states bordering Myanmar. Union Home Minister...
Number of airports increased from 74 to 149 from FY15 to FY23: White Paper
Business

Number of airports increased from 74 to 149 from FY15 to FY23: White Paper

New Delhi, Feb 8: The White Paper tabled by Finance Minister Nirmala Sitharaman in the Parliament on Thursday stated that India's aviation industry has undergone significant growth and transformation over the past decade, with the number of airports increasing from 74 in FY15 to 149 in FY23. The...
Biocon registers Rs 660cr net profit, consolidated revenue of Rs 4,519cr in Q3
Business

Biocon registers Rs 660cr net profit, consolidated revenue of Rs 4,519cr in Q3

Bengaluru, Feb 9: Biocon Ltd, the Bengaluru-based pharmaceutical giant on Thursday announced its consolidated financial results for the fiscal third quarter ended December 31, 2023. Kiran Mazumdar Shaw, Executive Chairperson, Biocon and Biocon Biologics said that Biocon delivered consolidated...
realme enters top 5 brands in India with 17.4 mn sales in 2023
Business

realme enters top 5 brands in India with 17.4 mn sales in 2023

New Delhi, Feb 9: Realme started 2024 on a strong note, having emerged as among India's top five smartphone brands for 2023. The brand even went on to clinch the fourth spot overall for Q4, capping off a successful year. This success is further underscored by the brand's other significant...
China is worst performer among emerging markets equities
Business

China is worst performer among emerging markets equities

New Delhi, Feb 9: All the emerging markets indices saw negative performance in January with China being the worst performer at 10.6 per cent. As far as developed markets are concerned, Japan emerged as the best performer at 4.6 per cent, as per a report by Motilal Oswal Asset Management Company. ...
Flight from Delhi to Jabalpur to restart from March 1, says Scindia
Business

Flight from Delhi to Jabalpur to restart from March 1, says Scindia

New Delhi, Feb 6: Union Minister of Civil Aviation, Jyotiraditya Scindia, on Tuesday said that the direct flights from Delhi to Jabalpur and Mumbai to Jabalpur would restart from March. According to officials, SpiceJet will operate the flight service between Delhi- Jabalpur two days a week...
Kashmir cricket bat makers sue Shark Tank India, Tramboo Sports over
Business

Kashmir cricket bat makers sue Shark Tank India, Tramboo Sports over 'false...

Srinagar, Feb 7: The Cricket Bat Manufacturers Association of Kashmir (CBMAK) has sued Sony Entertainment Television, Shark Tank India and Tramboo Sports for alleged business loss and mental agony. Fawazul Kabir of the CBMAK told reporters that during an episode of Shark Tank India, aired on...
Leading Wi-Fi solutions provider Netgear appoints new CEO
Business

Leading Wi-Fi solutions provider Netgear appoints new CEO

New Delhi, Feb 7: Global networking company Netgear on Wednesday appointed Charles (CJ) Prober as its CEO. Prober succeeds Patrick C.S. Lo, who is retiring from his position as CEO and Chairman of the board. Prober will also join Netgear’s board of directors and Lo will remain as a strategic...
Microsoft to skill 2 mn Indians in AI, to further invest in country: Satya Nadella
Business

Microsoft to skill 2 mn Indians in AI, to further invest in country: Satya...

Bengaluru, Feb 7: Microsoft Chairman and CEO Satya Nadella on Wednesday announced that the company will train more than two million people in India in generative AI skills, to address talent shortage in the AI era. Addressing an event here, Nadella said that making sure that youth has the...
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