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Subscribe to enjoy similar stories. OpenAI said it would set up a new office in Zurich, Switzerland, as part of efforts from the ChatGPT maker to bolster its presence in Europe as the continent emerges as a key battleground for regulating artificial intelligence. The startup said Zurich would be its fifth location in Europe after opening offices in Dublin, London, Paris and Brussels over the past two years.

Bharti Airtel and Tata Communications amid a data centre boom. Opportunities are also opening up for neutral players such as Sify Technologies and Lightstorm — that offer cheaper landing infrastructure in India compared with telecom incumbents such as Airtel and Tata Communications, say industry insiders. Google is set to commission its Blue-Raman Submarine Cable System in Mumbai in the first quarter of 2025, people aware of the development told ET. The $400-million, 218-Tbps (terabits per second) capacity project entails investment by Italy's Sparkle too, among others. With Blue and Raman, Google now has 18 investments in subsea cables globally.

Antitrust enforcers with the Federal Trade Commission have opened a wide-ranging investigation into Microsoft’s business practices, starting off a big legal project that an incoming Trump administration must take up or abandon

WHAT DID THE PARDON COVER? Hunter Biden was pardoned for his conviction by a jury in Delaware and a guilty plea in California. Hunter Biden was also pardoned for federal crimes «he committed or may have committed» between Jan. 1, 2014 through Dec. 1, 2024.

Maharashtra but there is no end to the suspense on who the next chief minister will be. For the second time in the last four days, a meeting of the Mahayuti leaders had to be cancelled on Monday due to the unavailability of caretaker chief minister Eknath Shinde. He was taking rest at his Thane residence as per doctor's advice. Shinde on Sunday had said that he and the two deputy CMs (BJP's Devendra Fadnavis and NCP chief Ajit Pawar) would take forward the discussions on the CMs post, distribution of portfolios and party-wise berths in the new Cabinet on Monday. The three Mahayuti leaders held their first meeting in Delhi last week in the presence of Union home minister Amit Shah and BJP chief J P Nadda but failed to reach a consensus on power-sharing agreement. The much-awaited second meeting of the Mahayuti leaders last Friday was put on hold after Shinde suddenly flew to his native village Dare in Satara district citing ill health.

Subscribe to enjoy similar stories. If Google were a ship, it would be the Titanic in the hours before it struck an iceberg—riding high, supposedly unsinkable, and about to encounter a force of nature that could make its name synonymous with catastrophe. The trends moving against Google are so numerous and interrelated that the Justice Department’s attempt to dismantle the company—the specifics of which were unveiled Nov.

Shares of Inox Green Energy Services surged over 17% on Monday, hitting an intraday high of Rs 174, after the company said it had sold its entire equity stake in its wholly-owned unit Aliento Wind Energy to Nani Virani Wind Energy for a cash consideration at face value of Rs 1 per share. Parent company Inox Wind rose nearly 10% to Rs 209.80, while Inox Wind Energy, a promoter group entity, climbed 5% to Rs 10,667.50.

For NRIs, international money transfers are more than just financial transactions; they keep people connected to their family back home. According to the Reserve Bank of India, the majority of inward remittances support family needs. Having moved from India to Singapore for education in 2006 and staying on for work, I, too, send money back home on a monthly basis. Through my experiences — particularly after joining a company specializing in cross-border payments — I’ve come to understand that the process for most people is often far more complicated and costly than it has to be.

Dixon Technologies shares surged as much as 6.4% on Monday to Rs 16,819.45 on BSE after the electronics manufacturer said its wholly-owned unit, Padget Electronics, in partnership with Compal Smart Device India, has commenced mass production of Google Pixel smartphones. The company’s unit Padget Electronics is engaged in the business of manufacturing mobile phones and information technology (IT) hardware as its core business activity, and the said production of Google Pixel smartphones is set “to commence at the plant of Padget Electronics situated at Sector-68, Noida,” Dixon Technologies’ exchange filing said.

The centre-left Labor government has targeted Big Tech's influence, and parliament passed a law last week that banned social media for children aged under 16. The proposed law would empower Australia's competition regulator to oversee compliance, investigate anti-competitive practices online and fine companies, Assistant Treasurer Stephen Jones said in excerpts of a speech due later on Monday.

Yogi Adityanath, has declared the Maha Kumbh area in Prayagraj as a new district. The decision, taken on Sunday, which led to the formation of the new Maha Kumbh Mela district, was made to streamline the management and administration of the upcoming Kumbh Mela, ensuring smooth operations for the grand religious event scheduled for January 2025. The newly formed district will be known as Maha Kumbh Mela. This step has been taken to smoothly manage the special event of Kumbh Mela and conduct administrative work in a better manner.

VK Saxena has directed the Delhi Police, Narcotics Control Bureau, and all relevant departments to work towards making the national capital drug-free within the next three years. He added that teams would be formed to target drug peddlers and make arrests. " On November 26, the LG had called for a state-level review meeting which which was attended by all the departments. The LG directed the Delhi Police, Narcotics Control Bureau, and all the departments that he wanted to see Delhi as a drug-free Delhi in the next three years," said the DCP Crime.

OpenAI CEO Sam Altman on Sunday expressed confidence that US President-elect Donald Trump's administration would support the artificial intelligence sector to ensure the United States and its allies continue to lead it. Speaking to conservative US broadcaster Fox News on Sunday, Altman said AI technology needed massive infrastructure support and that he believed Trump would be good at providing it. «We need to build that here and we need to be able to have the best AI infrastructure in the world to be able to lead with the technology and the capabilities,» he said.

daily essentials and grocery products with price tags of ₹5 and in many cases ₹10, often called popular or magic price points, an indication of consumers upgrading their shopping basket or opting for larger packs that offer them more grammage for every rupee spent. In several categories including noodles, chocolates, detergents, toothpaste, soaps and dishwash, contribution especially of ₹5 packs has fallen over the past four years while it has stagnated in biscuits, according to latest data by Kantar. Under ₹2 shampoo, however, is an exception, and saw its share expanding as people buy sachets in bulk especially in rural markets. «We are witnessing the emergence of ₹15 to ₹25 price points, reflecting a broader trend of upgradation across fast moving consumer goods categories. Consumers across all segments are increasingly looking for value across various price points, suggesting a shift towards higher grammage and premium options even during inflationary times,» said Neeraj Khatri, chief executive, Wipro Consumer Care.

Citing risk to the economic outlook and the likelihood of a rate cut by the Reserve Bank of India in February, they now predict gross domestic product (GDP) to grow 6.1-6.8% in the year ending March 31, lower than the central bank's forecast of 7.2%. GDP growth was the slowest in seven quarters at 5.4% in July-September, hurt by low consumption and weak investment demand. CareEdge Ratings lowered its FY25 GDP forecast to 6.5%, from 7%. «Urban consumption is seeing moderation after the sharp spurt, post-Covid,» said Rajani Sinha, its chief economist.

Manish Sisodia has approached the Delhi High Court, challenging the trial court's decision to take cognizance of the Enforcement Directorate's chargesheet in the Excise Policy case. Sisodia's plea stated that the chargesheet was filed without the necessary sanction approval from the competent authorities. The plea filed stated that the allegations against the petitioner, Manish Sisodia, relate to official acts carried out by him in the course of his duties as a public servant.

Kerala government to release the names of government employees found to have received social security pensions meant for the poor in the state. The opposition party warned that unless the names were disclosed, even honest officers would fall under suspicion. Leader of Opposition in the state Assembly, V D Satheesan, sent a letter to Chief Minister Pinarayi Vijayan and Finance Minister K N Balagopal, citing the demand. In the letter, Satheesan expressed «surprise» that the government had not taken action on the matter, despite findings by the Comptroller and Auditor General (CAG) two years ago.

HSBC Holdings' board has appointed headhunters to start the recruitment of its next chairman to succeed Mark Tucker, Sky News reported on Saturday. The London-listed, Asia-focused bank will consider both existing non-executive directors and outsiders to succeed Tucker, the report said, citing sources. The bank has appointed headhunters including MWM Consulting to run the process, the report added.

ONGC Videsh Ltd, the overseas investment arm of state-owned Oil and Natural Gas Corporation (ONGC), has completed the acquisition of Norwegian firm Equinor's stake in an Azerbaijan oilfield and an associated pipeline for USD 60 million, the firm said in a statement. OVL «has completed the acquisition of 0.615 per cent participating interest (PI) in offshore Azeri Chirag Gunashli (ACG) field in Azerbaijan from Equinor. This also includes the acquisition of 0.737 per cent shares of Baku Tbilisi Ceyhan (BTC) pipeline company through its wholly-owned subsidiary ONGC BTC Limited», a company statement said. The firm had signed a sale purchase agreement (SPA) for the stake buy in July and the deal was completed on November 29.

input tax credit (ITC) or amend any errors or omissions in compliance with the Goods and Services Tax (GST) rules and regulations for FY 2023-24 by GST-registered taxpayers. If the taxpayer misses today’s date, he/she may lose out on claiming ITC benefit for FY 2023-24 under GST if any ITC claims are pending. It will result in a loss for the taxpayer as he/she will not be able to offset output GST liability with input tax credit. Dinesh Jotwani, Co- Managing partner at Jotwani Associates says, «Section 16(4) of the Central Goods and Services Tax Act, 2017 reads as follows: A registered person shall not be entitled to take input tax credit in respect of any invoice or debit note for supply of goods or services or both after the due date of furnishing of the return under section 39 for the month of September following the end of financial year to which such invoice or invoice relating to such debit note pertains or furnishing of the relevant annual return, whichever is earlier. Therefore, all GST-registered taxpayers must claim any pending input tax credit (ITC) for FY 2023-24 by November 30th. This is also the deadline for filing a GST form to amend any errors or omissions. Please do so to avoid the loss of Input Tax Credit Benefits.” Also Read: GSTN approves 5 apps for faster GST invoices verification

A coalition of Canadian news publishers, including The Canadian Press, Torstar, Globe and Mail, Postmedia and CBC/Radio-Canada, has filed a lawsuit against OpenAI for using news content to train its ChatGPT generative artificial intelligence system