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Anil Ambani's Reliance Power to raise funds again from stake sale

Published on Sep 28, 2024 05:31 PM IST

This will be the second board meeting after Reliance Power held one on September 23, 2024, with the board approving a ₹1,524.60 crore preferential issue

In this Dec. 26, 2017 file photo, Anil Ambani, Chairman of Reliance Power, addresses a press conference in Mumbai.(PTI)

Nvidia CEO Jensen Huang touts nuclear power as an option to feed data centers

Nvidia's Jensen Huang promoted nuclear power use as in some parts of the world, electricity generation is insufficient to support building new data centers

Jensen Huang, chief executive officer of Nvidia, speaks at SIGGRAPH 2024, a conference on computer graphics and interactive techniques, in the Colorado Convention Center in Denver.(AP)
Published on Sep 28, 2024 04:24 PM IST
Bloomberg |

Following QLED norm provides solid foundation for Xiaomi’s new X Pro TVs

For a televisio that costs as much as this does, the Xiaomi X Pro QLED 55-inches isn’t leaving any cards on the table

 (Official image)
Updated on Sep 28, 2024 03:39 PM IST

Adani Group to put $4 billion into data centre biz as AI powers demand: Report

The Adani group, which has only 2.5% of India's data centre market share now gets 50-100 MW orders, when it used to be 5-10 MW two years ago, as AI fuels demand

The Adani group, which currently has only 2.5% of India's data centre market share now gets 50-100 MW orders, when it used to be 5-10 MW two years ago on average, due to the increased demand(Reuters)
Published on Sep 28, 2024 03:35 PM IST

Apple iPhone 16 finds ‘Pro’ parity, signalling new upgrade and value trajectory

New iPhone 16 and iPhone 16 Plus are configured in a way no longer do you have to contend with a generation older processor

An iPhone 16 or iPhone 16 Plus is a true step forward, in most respects. (Vishal Mathur / HT Photo)
Published on Sep 28, 2024 03:25 PM IST

Government revises CGHS rates for these medical treatments, check costs, details

The government revised the CGHS rates for crucial medical devices like Deep Brain Stimulation (DBS) implants, Intra-Thecal Pumps, and Spinal Cord Stimulators

For currently serving employees, the request goes through their department, while pensioners have to approach the Additional Director of their respective CGHS zone
Published on Sep 28, 2024 02:03 PM IST

Donald Trump is selling $100,000 watches, are they worth it?

When you take away the memorabilia factor, the pricing doesn’t quite add up

Former US President and Republican presidential nominee Donald Trump smiles as he takes the stage during a Town Hall event at Macomb Community College on September 27, 2024 in Warren, Michigan.(Emily Elconin/Getty Images via AFP)
Published on Sep 28, 2024 12:26 PM IST
Bloomberg |

New proposal for central government pensioners: CGHS beneficiaries may get…

The new proposal comes in the light of the financial burden retiring employees face when required to make a big one-time contribution to avail CGHS benefits

This comes in the backdrop of the centre extending PM-JAY benefits also to the senior citizens aged 70 and above(Representational Image/Pixabay)
Published on Sep 28, 2024 12:12 PM IST

Gyms in Japan now offer laundry, karaoke, hair removal machines

The Chocozap chain reached No. 1 in membership in two years and is aiming for more growth at home and abroad

The patchwork concept is called Chocozap, run by Rizap Group Inc., a billion-dollar fitness company that made its name in high-end personal training(Representational Image/Pixabay)
Published on Sep 28, 2024 10:43 AM IST
Bloomberg |

Swiggy CEO says ‘don’t work till 3 am’, slams hustle culture as ‘bulls**t’

Swiggy Food and Marketplace CEO Rohit Kapoor shared his opinion on hustle culture at a tech event in Bengaluru. His comment has resonated with people.

Swiggy food and marketplace CEO Rohit Kapoor's remark on hustle culture is viral. (Instagram/@rohitkapoor.in)
Updated on Sep 28, 2024 03:48 PM IST

BookMyShow CEO summoned by Mumbai Police for Coldplay tickets black marketing

Advocate Amit Vyas filed a complaint, accusing BookMyShow of facilitating the black marketing of tickets for the highly anticipated Coldplay concert

Tickets which were originally priced at <span class='webrupee'>₹</span>2,500 are now being resold by third parties as well as influencers for as much as <span class='webrupee'>₹</span>3 lakh(Satish Bate/Hindustan Times)
Updated on Sep 28, 2024 10:53 AM IST

Gold Rate Today 28-09-2024: Check latest prices in your city

Gold And Silver rates Today : The price of 10 gm of 24 carat gold is Rs. 77633.0/10 grams in Delhi, whereas 1 kg of silver is Rs. 99200.0/Kg in Delhi.

Gold silver image
Published on Sep 28, 2024 10:15 AM IST

China urges local companies to stay away from Nvidia’s AI chips

Beijing is stepping up pressure on Chinese companies to buy locally produced artificial intelligence (AI) chips instead of Nvidia Corp. products

Jensen Huang, co-founder and chief executive officer of Nvidia Corp., during a news conference in Taipei, Taiwan, on Monday, June 4, 2024.(Annabelle Chih/Bloomberg)
Published on Sep 28, 2024 09:55 AM IST
Bloomberg |

Mohamed Al-Fayed's son Omar ‘horrified,’ questions 'loving memory of him'

Mohamed Al-Fayed, the former owner of Harrods, Fulham FC and the Hotel Ritz, was initially accused by 19 women of rape and sexual abuse between 2005 and 2023

Egyptian businessman and Ritz hotel owner Mohammed Al Fayed poses with his hotel staff in Paris, Monday, June 27, 2016.(Kamil Zihnioglu/AP)
Published on Sep 28, 2024 09:36 AM IST

Business News highlights Today September 28, 2024: Anil Ambani's Reliance Power to raise funds again from stake sale

Business News highlights Today: Get real-time updates on the biggest news from the world of business, stock market and more.

Latest news on September 28, 2024: In this Dec. 26, 2017 file photo, Anil Ambani, Chairman of Reliance Power, addresses a press conference in Mumbai.(Justin Sullivan/Getty Images via AFP)
Updated on Sep 28, 2024 05:31 PM IST

Google defends its ad tech as safe, says it rivals Meta, Amazon, TikTok

Google argued it has no legal obligation to make its ad tech work with competitors', and advertisers have many opportunities aside from purchasing website ads

The Google logo is displayed in front of company headquarters during the Made By Google event on August 13, 2024 in Mountain View, California.(Justin Sullivan/Getty Images via AFP)
Published on Sep 28, 2024 08:35 AM IST
Bloomberg |

India and Uzbekistan sign Bilateral Investment Treaty in Tashkent

The BIT between India and Uzbekistan will increase the comfort level and boost the confidence of investors, the finance ministry said

The treaty was signed by Indian finance minister Nirmala Sitharaman and Uzbekistan’s deputy prime minister Khodjayev Jamshid Abdukhakimovich at Tashkent (X/FinMinIndia)
Published on Sep 27, 2024 09:06 PM IST
ByRajeev Jayaswal

NSE, BSE revise transaction fees: Here are new charges effective from October 1

BSE revised transaction charges for Sensex and Bankex options to ₹3,250 per crore effective October 1, 2024, per SEBI's directive.

Effective October 1, 2024, BSE will charge <span class='webrupee'>₹</span>3,250 per crore for Sensex and Bankex options. SEBI's circular prompted the change, but other equity derivatives' charges remain the same. NSE has its own fee structure for various contracts.(Reuters)
Published on Sep 27, 2024 08:39 PM IST

Zomato co-founder Akriti Chopra quits after 13-year tenure

Zomato co-founder Akriti Chopra has stepped down after 13 years with the company, effective September 27, 2024.

Akriti Chopra, co-founder and Chief People Officer of Zomato, has resigned after a 13-year tenure. Effective September 27, 2024, she plans to pursue other interests while thanking CEO Deepinder Goyal for her enriching journey.
Updated on Sep 27, 2024 08:40 PM IST

Your olive oil might be unfit for human consumption

Extreme weather events are impacting grocery prices, notably causing a surge in olive oil prices due to droughts in the Mediterranean.

The rising cost of groceries reflects extreme weather's effects, particularly olive oil prices driven by Mediterranean droughts. Fraudulent practices are increasing, with criminals taking advantage of high prices to sell misrepresented or adulterated oils.
Published on Sep 27, 2024 06:42 PM IST
Bloomberg |

Amazon's AI partnership with Anthropic gets UK nod

Britain's competition regulator will not investigate Amazon's $4 billion AI partnership with Anthropic, citing lack of jurisdiction.

Amazon's AI partnership with Anthropic, including a $4 billion investment, will not face deeper scrutiny from the UK's competition regulator. Similar collaborations by Microsoft are cleared, but Alphabet's remains under investigation. Anthropic emphasizes its independence from larger tech investors.(AP)
Published on Sep 27, 2024 06:37 PM IST
Reuters |

Why Google paid $2.7 billion to rehire 48-year-old AI genius Noam Shazeer

Google pays $2.7 billion to rehire AI expert Noam Shazeer, who left to found Character.AI. Noam Shazeer returns to lead efforts on Gemini.

Noam Shazeer, a key AI figure, is back at Google for $2.7 billion after founding Character.AI. His return is seen as pivotal for the company’s AI advancements, including the development of Gemini.(Reuters)
Updated on Sep 27, 2024 08:41 PM IST
By | Edited by

India's forex reserves hit all time high, inch closer to $700 billion

India's foreign exchange reserves reached a record $692.3 billion as of Sept. 20, marking a $2.84 billion increase in one week.

India's foreign exchange reserves rose to a record $692.3 billion by Sept. 20, increasing by $2.84 billion. The rupee strengthened due to favorable U.S. Federal Reserve actions and local stock inflows, settling at 83.70.
Published on Sep 27, 2024 05:31 PM IST
Reuters |

Flipkart is sorry for advertisement calling husbands ‘aalsi, bewakoof’

Flipkart apologized for a promotional ad that called husbands 'aalsi, kambakkht, and bewakoof.'

Flipkart apologized for an advertisement featuring derogatory terms for husbands, which has now been taken down. The 'Big Billion Days' sale is currently active until October 6.(Reuters)
Updated on Sep 27, 2024 05:29 PM IST

A look at gold and silver rates ahead of festive season this week

Gold and silver prices fell on Friday but maintained weekly gains. Silver hit a decade-high before retreating, while gold remained below its record.

Gold and silver prices dipped on Friday, yet both are on track for weekly gains. Silver reached a 10-year high earlier, with analysts predicting continued strength for gold due to potential Fed rate cuts and global tensions.
Published on Sep 27, 2024 04:33 PM IST
Reuters |

Thailand employee dies at work after manager denies sick leave, CEO ‘devastated’

A 30-year-old worker in Thailand died after her sick leave was denied. May, who had been hospitalized, collapsed at work and later died from complications.

After being denied sick leave, a 30-year-old factory worker in Thailand collapsed at work and later died. May had been previously hospitalized for an inflamed large intestine. Delta Electronics expressed deep regret and committed to supporting her family.(Representational)
Published on Sep 27, 2024 04:29 PM IST

Goldman Sachs' Alok Oberoi, Bellavita's Aakash Anand are investing in this…

Traqcheck uses artificial intelligence (AI) and machine learning (ML) for fast and comprehensive background checks for businesses to make hiring decisions

TraqCheck was founded in late 2020 by Armaan Mehta, Jaibir Nihal Singh, and Rishabh Jain.
Published on Sep 27, 2024 04:07 PM IST

These money rules will affect your finances from October 1

Starting October 1, 2024, money changes will occur, affecting savings account fees at PNB, debit card charges at ICICI Bank, credit card rules at HDFC Bank.

From October 1, 2024, expect changes in financial policies, including PNB savings account fees, ICICI Bank's debit card benefits, HDFC Bank credit card limits, small savings account adjustments, and new TDS regulations on property sales.
Published on Sep 27, 2024 03:57 PM IST
By | Edited by

Centre's new internship scheme may launch next week, check details: Report

The new internship scheme, first announced by the Finance Minister in the Union Budget 2024, can launch by next week, along with a dedicated internship portal

The guidelines state that the job roles for interns must be skill-based and not be about menial tasks to ensure that the programme actually contributes meaningfully to skill building(Representational Image/Pixabay)
Published on Sep 27, 2024 03:39 PM IST

China stocks see biggest weekly rally since 2008 that overwhelms exchange

The CSI 300 Index surged 16% this week, reflecting a major shift in investor sentiment following China's economic stimulus.

People walk on an overpass with a display of stock information in front of buildings in the Lujiazui financial district in Shanghai, China.(Reuters)
Published on Sep 27, 2024 03:06 PM IST
Bloomberg |
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