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Last month, OpenAI became the first major artificial intelligence company to voluntarily pause training on a model because of safety concerns. The unprecedented move came weeks after its models broke free during a test and hacked other websites, sparking concern about losing cont
Andy’s view To have any hope of countering China’s industrial challenge, the US needs a coalition. Alone, it is outmatched in overall size — measured by purchasing power, China’s economy is 30% larger — and manufacturing strength: In shipbuilding, for instance, China has more tha
Industrial deep-tech company Minimac Systems has raised Rs 30 crore in a pre-Series A funding round led by Rainmatter, the investment firm backed by Zerodha, with participation from other venture capital firms. The proceeds will be used to advance R&D in miniaturised treatment in
Ben’s view Analysis of China is often so polarized that a casual observer might get the impression that Beijing is both an unstoppable force on the verge of global domination and a precarious dictatorship on the brink of collapse. That is not an impossible combination, of course.
When Sashidhar Jagdishan steps down as managing director and chief executive on 26 October, he will leave behind a markedly different shareholder register at HDFC Bank. Domestic mutual funds more than doubled their stake during his tenure, even as the lender's stock underperforme
The pan-European STOXX 600 was up 0.04% at 651.35 points by 0729 GMT.Britain's FTSE 100 fell 0.4% as trading resumed following Monday's bank holiday. Germany's DAX slipped 0.2%, while France's CAC 40 gained 0.4%. Read more: Global Market: China equities muted as Hong Kong stocks
Linux kernel nears record 2,000 vulnerabilities per release as AI bug hunters scour 40 million lines of code — maintainers say they are 'completely overwhelmed' by CVE finds Maintenance teams are now fighting AI with AI The Linux kernel is approaching a staggering 2,000 CVEs fixe
Man Infraconstruction share price jumped over 3% to its day's high of ₹126.30 per share on BSE on Monday, September 1, after it announced a share buyback worth up to ₹169.29 crore through the open market route. The company's board approved the repurchase of fully paid-up equity s
AI - ai and ml Anthropic promises zero data retention – but customers must check it workedMore compliance-friendly stance could boost appeal of Fable - Security Attacker st
Shares of Clean Max Enviro Energy Solutions could offer more than 20% upside, according to global brokerage Nomura, which has initiated coverage on the renewable energy company with a ‘Buy’ rating. The brokerage has set a target price of ₹1,510, compared with the stock’s closing
Foodtech and quick commerce platform Eternal (formerly Zomato) witnessed large bulk deals on August 31, with financial services giant BNP Paribas and Millennium Management affiliate Integrated Core Strategies (Asia) offloading shares worth a combined Rs 3,265 crore or nearly $344
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Union support in the US is at a modern-day high, with majorities of both political parties expressing positive views about organized labor, according to Gallup polling. Seventy-one percent of American adults approve of unions, matching a 2022 peak; the reading hasn’t been higher
Multiple Massachusetts Democrats are facing primary challengers on Tuesday, led by Sen. Ed Markey, who warned voters that replacing him would mean losing a progressive champion and supporter of transgender rights in Washington. “We need universal childcare and Medicare for all,”
Kalshi is conducting ongoing investigations into other political figures who may have conducted insider trading after suspending four yesterday, a person familiar with the probes told Semafor. The prediction market said it would ban former Rep. George Santos, R-N.Y., for life — a
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The Army secretary’s departure will help Defense Secretary Pete Hegseth consolidate power at the Pentagon. Army Secretary Dan Driscoll, a close ally of Vice President JD Vance, resigned after mounting tensions with Hegseth, leaving the post without a Senate-confirmed leader. He h
An analysis of mutual fund (MF) shareholding trends in BSE 500 stocks over the past two quarters shows that fund houses have consistently trimmed their holdings in 84 stocks. MFs reduced their stakes in these companies in both the June 2026 and March 2026 quarters.Of these, 28 st
The News Republicans are counting on President Donald Trump’s cavalry to carry Ken Paxton to victory — but it hasn’t come yet. Ultimately, the GOP expects MAGA Inc. to help its Texas Senate nominee win with a significant spend this fall, according to multiple Republican sources,
The S&P Global Eurozone Manufacturing Purchasing Managers' Index (PMI) rose to 52.7 in August from 51.9 in July, marking its highest level since May 2022. The reading was slightly below the preliminary estimate of 52.8. A reading above 50 indicates expansion in manufacturing acti
Fintech soonicorn Niyo has signed a definitive agreement to acquire the forex and cross-border payments business of listed financial services company Capital India Finance, operated under the RemitX brand, for ₹11.4 Cr. The transaction will be undertaken through Niyo’s wholly own
The shares have soared 2,275% since Cook took over from legendary founder Steve Jobs on Aug. 24, 2011. Cook inherited a company with a market capitalization of less than $350 billion and built the maker of iPhones and Mac computers into a diverse $4.6 trillion business that also
The gilt market was also catching up with moves across global bond markets after Britain was closed for a public holiday on Monday. According to Reuters, the yield on 10-year gilts rose by around 7 basis points to about 5.23%, its highest level since June 2008. The increase refle
AI - ai and ml Anthropic promises zero data retention – but customers must check it workedMore compliance-friendly stance could boost appeal of Fable - Security Attacker st
Gold, Silver Price Outlook: US Federal Reserve Chairman Kevin Warsh dealt a blow to the precious metals market's lofty expectations on Friday, triggering a sharp reversal in gold and silver prices after his speech at the central bankers' gathering in Jackson Hole. The pressure on
Bengaluru-based startup Alteon has raised $2.5 Mn (about ₹24 Cr) in a pre-seed round led by Lachy Groom, with participation from Together Fund, as it works on autonomous aircraft designed to stay airborne for months without landing. The fresh capital will be used to advance its a
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Veegaland Developers IPO price band: The Veegaland Developers Limited IPO price band has been fixed in the range of ₹130 to ₹140 per equity share of the face value of ₹10. The Veegaland Developers IPO date of subscription is scheduled for Thursday, 10 September and will close on
Edtech major Unacademy has closed its acquisition by UpGrad for just over $200 million, marking a 94% decline from its peak valuation of around $3.4 billion in 2021. Unacademy co-founder and CEO Gaurav Munjal confirmed the completion of the deal in a post on Tuesday, acknowledgin
According to the Reuters report, Princeton University economist Markus Brunnermeier warned global central bankers about the potential disruption from widespread AI adoption in financial markets. He outlined scenarios in which AI-powered trading systems could process information f
Shares of MediaTek closed 10% higher on Tuesday after the Taiwanese chip firm announced a partnership with Nvidia, bolstering its push into the data center market. Nvidia invested $3.5 billion in convertible bonds issued by MediaTek as part of the deal, the companies said on Mond
After months of negotiations and regulatory clearances, edtech major upGrad has completed its acquisition of Unacademy in a deal valued at just over $200 Mn. Unacademy cofounder Gaurav Munjal announced the closure of the transaction in a post on X today. “We raised at a peak, but
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Notes of the Mumbai-based lender fell for a fifth straight session as the lender confronts a slew of issues that have placed its governance practices under intense scrutiny recently. Shares of HDFC, which has a market capitalization of $116 billion, have also underperformed the b
Maruti Suzuki's share price dropped more than 5% in intraday deals on the NSE on Tuesday, 1 September, after the company announced a 9.2% month-on-month (MoM) decline in August sales numbers. Shares of Maruti Suzuki India opened at ₹13,540 against its previous close of ₹13,547 an
The stock jumped Rs 61.10, or 19.99%, to Rs 366.80 on the NSE, compared with its previous close of Rs 305.70. It opened at Rs 315 and touched a low of Rs 313.10 before rallying to the upper circuit level. The counter had outstanding buy orders for more than 10.66 lakh shares, whi