CATEGORIES

Microsoft to bring OpenAI's chatbot tech to its Office suit

Microsoft is already testing it with 20 companies, including eight in the Fortune 500 list

ED searches Franklin Templeton's Vivek Kudva, Roopa Kudva, others

India's federal financial crime agency on Thursday conducted searches on Franklin Templeton India's former and current officers in Mumbai in relation to the closure of some funds in 2020, two sources said on Thursday.

Airlines, hotels hook outbound Indians

Airline and hotel companies are tempting Indians to travel and stay abroad with discounts and buy-one-get-one-free deals at a time outbound travel from China has ebbed.

'$200 mn from SVB moved to GIFT City'

About $200 million of the $1 billion funds held by Indian startups in Silicon Valley Bank (SVB) were transferred to GIFT City, a global financial centre located in Gujarat, after the US lender collapsed, Rajeev Chandrasekhar, minister of state for electronics and information technology, said in an interview.

'XBB.1.16 behind fresh covid spike'

The spike in covid cases in India can be attributed to the emergence of the new XBB.1.16 variant, said Rajesh Gokhale, secretary of the department of biotechnology and chief of India’s SARS-CoV-2 Genomics Consortium.

Credit Suisse surges after Swiss central bank loan

Credit Suisse Group AG shares surged the most on record after the lender tapped the Swiss National Bank for as much as 50 billion francs ($54 billion) and offered to repurchase debt, seeking to stem a crisis of confidence that has sent shockwaves across the global financial system.

Centre may defer IDBI Bank's $4 bn privatization plan

The Union government may defer the $4 billion IDBI Bank privatization plan over concerns that the unprecedented market volatility may deter prospective buyers, two people familiar with the matter said.

Gopinathan signs out of TCS, Krithi to take over

Move effective 15 Sep makes incumbent's tenure the shortest at firm

Are Those Discounts Offered By Health Insurers For Real?

Buyers need to focus on the salient features of a health policy rather than the discounts

Is It A Good Idea To Buy Your Dream Home Early In Life?

A dream home. That is what most working A people aspire for these days, unless they already own one. But when should you buy a house? Should that be early in your career or later when you have a family and good control over your finances?

Will GPT-4 Make Machines Think Like Humans?

OpenAI has released the generative pre-trained transformer (GPT-4), its much-anticipated large language model-that can learn and comprehend. Some have suggested that GPT-4 will make machines sentient, or think like a human. Is that so? Mint explains.

Cookbooks by women as a prism into the past

These recipe books by women feature dishes from undivided India, act as guides for new brides and more

Mohammed Ashi, Saudi designer to stars

Ashi's outfits show up on red carpets from the Oscars to Cannes

The Gaur collection highlights paper works

A new book featuring works from the Umesh and Sunanda Gaur collection highlights paper's central role in artistic practice

Smart shopping carts can even suggest new recipes for dinner

But it's unclear if this is yet another example of useless innovation

Let's not draw the wrong lessons from Singapore's grand success

Its attribution to authoritarian development would mistake correlation for causation but rule-of-law might be a major factor

India's inequity boom is staring undeniably at us

Indian income tax data leaves no space for doubt that the better-off got richer while the rest had a hardscrabble pandemic. This may be more than a blip. Let's face the problem squarely

HOW OLA WILFULLY ENDANGERED RIDERS

The electric scooter maker has to find a permanent solution to the SI model’s critical safety issues.

China reports economic rebound

Retail sales rose 3.5% in Jan and Feb compared to the same period last year, while industrial output rose 2.4%

BrahMos working on $200 mn missile deal with Indonesia

India-based defence company BrahMos Aerospace expects to close a deal this year to sell Indonesia supersonic cruise missiles worth at least $200 million, as it looks to expand its presence in Southeast Asia, its chief executive said on Wednesday.

'HSBC's clients don't want to miss the India opportunity'

HSBC Holdings Plc is witnessing rising interest from its global clients to come to India. Barry O’Byrne, chief executive of HSBC’s global commercial banking, said in an interview that a number of international customers are now actively talking about their India strategy, and eyeing opportunities in a market of 1.4 billion. Edited excerpts:

Ecom firms set up chill zones for delivery execs

The heat solutions include rest centres, ORS and cool fabric for uniforms

Foxconn to invest away from China, focus on EV expansion

The company is also looking to avoid any fallout of trade tensions between the US and China

SVB crisis may drive SoftBank shares below Son's pain point

The sudden collapse of Silicon Valley Bank looks set to increase scrutiny of SoftBank Group Corp. investments, and possibly drive its share price to Masayoshi Son's pain point.

LTIMindtree's plans fail to excite

At its first Investor Day meet after the merger, information technology (IT) services provider LTIMindree Ltd (LTIM) on Tuesday outlined growth strategies under the LTIM One plan. The management said it endeavours to consistently deliver industry-leading profitable growth.

Govt unlikely to roll back tax plan on high-value life insurance

The government is unlikely to make changes to its budget proposal of taxing the total returns on high-value life insurance policies, two government officials said on Wednesday, amid demands by insurance companies to reconsider the move.

Shipping, insurance costs cloud India's Russia oil purchase price

Enroute to New Delhi this month, US officials proclaimed themselves satisfied that India is buying Russian oil below G-7 price caps designed to undercut Moscow's war in Ukraine without disrupting global energy flows.

India, AUKUS explore tech cooperation possibilities

While Indian authorities have indicated initial interest, no formal dialogues have taken place

Oil falls 5% to lowest in over a year

Oil prices plunged 5% to their lowest in more than a year as unease over Credit Suisse spooked world markets and offset hopes of a Chinese oil demand recovery.

Disney's $10 mn reason to end HBO deal

Disney Star, the Indian unit of the Walt Disney Co., has decided against extending its longstanding content deal with Warner Bros. Discovery, resulting in the removal of 144 HBO Originals, including popular series like Game of Thrones, House of the Dragons, The Last of Us, and Succession, from Disney+Hotstar on 31 March.