The premarket trading session was filled with activity as several companies made headlines with their stock movements. Pfizer saw a 4.2% drop after announcing it would halt the development of a new weight loss pill due to high rates of adverse side effects reported in a midstage clinical study. Meanwhile, Paramount Global’s stock surged by…
Meta’s chief scientist, Yann LeCun, revealed to Forbes that the impact of ChatGPT took everyone by surprise. He compared the introduction of the bot to “the second coming of the messiah,” highlighting how the public’s reaction to the chatbot exceeded expectations. In a candid interview with Forbes, LeCun shared that the popularity of ChatGPT was…
Bomb Threat Email Sent to 68 Schools in Bengaluru, Karnataka Panic spread among staff and parents of sixty-eight private schools in and around Bengaluru as they received emails warning of a bomb threat on their premises. The school authorities immediately alerted police, who reached the institutions concerned with bomb disposal squads and anti-sabotage check teams….
TVS Motor Company has announced a significant increase in total dispatches for November 2023, with a 31% rise to 3,64,231 units compared to 2,77,123 units in November 2022. This growth comes as two-wheeler sales reached 3,52,103 units, up 34% from the same period last year. Domestic two-wheeler sales also showed strong growth, increasing by 50%…
Welcome to Hampi, an enchanting UNESCO World Heritage Site located in the heart of Karnataka, India. This ancient city stands as a symbol of India’s rich history, showcasing a remarkable blend of breathtaking landscapes, historic ruins, and architectural marvels. With its deep-rooted myth and history, Hampi beckons travelers to embark on an unforgettable journey through…
Nvidia’s Surging Revenue in Third Quarter Driven by Singapore Sales In a surprising revelation, Nvidia revealed that 15% of its third-quarter revenue, totaling $2.7 billion, came from Singapore. This represents a 404.1% increase from the previous year and makes Singapore the fourth-largest contributor to Nvidia’s sales, after the U.S., Taiwan, and China including Hong Kong….
India’s power consumption has seen a significant surge, growing by almost 8.5 per cent to 119.64 billion units in November. This increase in electricity demand is attributed to festive celebrations and a rise in economic activities. Government data shows that in November 2021, power consumption stood at 110.25 BU, higher than the 99.32 billion units…
India’s Startup Ecosystem: A Detailed Look at the Top 10 Industries for New Startups India’s startup scene is booming, with a dynamic and diverse range of industries providing fertile ground for innovation and entrepreneurial success. According to Hurun India’s “India’s Top 200 Self-made Entrepreneurs of the Millennia 2023” report, certain industries stand out as particularly…
Mayank, a 12-year-old, has made history by becoming the youngest child to win ₹1 crore on the ‘Kaun Banega Crorepati 15’ during its ‘KBC Juniors Week.’ With talented kids like Mayank winning prize money in contests and shows, questions arise regarding the taxation of their income. The same concerns apply to other sources of income…
Private equity and venture capital firms have enjoyed a lucrative wave of exits via IPOs in 2023, raking in a total of ₹10,007 crore. This development follows a series of block deals involving stakes in prominent companies such as Delhivery, Zomato, and Paytm. A recent report by IVCA-E&Y revealed that open market exits accounted for…
