China illegally acquires banned Nvidia AI chips
Business Standard|April 24, 2024
Firm says tenders specify products that were exported, available before ban

Chinese universities and research institutes recently obtained high-end Nvidia artificial intelligence (AI) chips through resellers, despite the US widening a ban last year on the sale of such technology to China.

A Reuters review of hundreds of tender documents shows 10 Chinese entities acquired advanced Nvidia chips embedded in server products made by Super Micro Computer Inc, Dell Technologies Inc and Taiwan's Gigabyte Technology Co Ltd after the US on November 17 expanded the embargo to subject more chips and countries to licensing rules.

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A life that lives beyond
Business Standard

A life that lives beyond

The passing of Ratan Tata marks the loss of not only an iconic leader but also a global visionary whose influence extended far beyond business.

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2 mins  |
October 11, 2024
Business Standard

Ratan Tata: The unlikely social media star

On Monday, Ratan Tata posted on social media: \"Thank you for thinking of me,\" debunking rumours about his health. Just two days later, on Wednesday, the former Tata Group chairman passed away in a Mumbai hospital at the age of 86.

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1 min  |
October 11, 2024
Business Standard

Paytm appears poised for rebound

While Paytm (One97 Communications) is not completely past regulatory hurdles, its share price has gained in the last month or two. The Paytm handle migration is complete along with FDI clearance necessary for the Payment Aggregator (PA) license.

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2 mins  |
October 11, 2024
Love-all, RAFA
Business Standard

Love-all, RAFA

'KING OF CLAY' TO SIGN OFF FROM PROFESSIONAL TENNIS BY THE END OF THIS SEASON

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3 mins  |
October 11, 2024
Business Standard

Aman for startups

Ratan Tata was known as much for his business acumen as for his philanthropy. However, a lesser-known fact was his stellar track record when it came to startup investment.

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1 min  |
October 11, 2024
RBI's inflation caution may halt FMCG rally
Business Standard

RBI's inflation caution may halt FMCG rally

Analysts suggest buying quality stocks on dips for long term

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3 mins  |
October 11, 2024
Indices close marginally higher
Business Standard

Indices close marginally higher

Equity benchmark indices Sensex and Nifty settled higher on Thursday due to gains in banking, power, and industrial stocks amid a firm trend in global markets.

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1 min  |
October 11, 2024
Business Standard

Oil gains after 2-day decline

Oil rose after a two-day decline as traders watched for an Israeli response to Iran's missile attack early last week, while US crude stockpiles expanded the most since April.

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1 min  |
October 11, 2024
Pro-rata distribution mandate for AIFs likely to see tweaks
Business Standard

Pro-rata distribution mandate for AIFs likely to see tweaks

Final norms to ensure excuse, exclude provisions co-exist

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2 mins  |
October 11, 2024
Bernstein downgrades Indian stocks on valuation concerns
Business Standard

Bernstein downgrades Indian stocks on valuation concerns

Bernstein Societe Generale Group's Asia quant strategists have downgraded Indian stocks due to valuations, while predicting further upside for Chinese equities on a policy boost.

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1 min  |
October 11, 2024