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NVIDIA MGX, a modular reference design, Netweb’s AI systems will target complex workloads of HPC, data science, large language models, edge computing, enterprise AI, and design and simulation. The product range will also support handling a wide range of simultaneous workloads such as AI training, inference, and 5G on a single system. At the same time, the designs ensure seamless upgrades for upcoming hardware generations.

“Large private sector banks are available at attractive valuation backed by the very healthy and clean balance sheet, witnessing robust credit growth, Ajit Banerjee, Chief Investment Officer of Shriram Life Insurance Company. In an interview with ETMarkets, Banerjee said: “This lower premium combined with stronger earnings growth expectations for the Indian equity markets vs. Emerging markets over the next two years places India in a good position comparatively in terms of valuations and outlook,” Edited excerpts: Samvat 2080 started on a positive note as the market picked up momentum. Where are markets headed? The world economy is undergoing a mix of tailwinds and headwinds. On one side, we are witnessing an easing of inflation in the US and a global decline in commodity prices that have positively impacted the economy which reduced probable global recession fears and potentially influenced the US Federal Reserve's future rate hike trajectory.

(Reuters) — China-founded fashion company Shein has confidentially filed to go public in the United States, two sources familiar with the matter told Reuters on Monday.

Shein IPO: Firm in talks with banks, exchanges for listing, says report Representatives for Shein, JPMorgan and Morgan Stanley declined to comment. A spokesperson for Goldman Sachs didn’t immediately respond to a request for comment. The filing was reported earlier by Shanghai Securities News.

Agnikul, a Chennai-based startup specialising in building satellite launch vehicles, plans to launch its first flight — with the world’s first 3D-printed engine — before the end of this year. The mission would be a technology demonstrator that will mirror Agnikul’s orbital launch – the first commercial launch planned in 2024 — but at a reduced scale.

By Clark Mindock

Reeling from a bear market last year, beaten-up investors decided to send more than US$60 billion to exchange-traded funds focusing on dividends.

Ottawa plans on expanding its clean technology and electricity tax credits to include heat and electricity produced by burning biomass, as outlined in its fall economic statement.

WASHINGTON (Reuters) — President Joe Biden will invoke a Cold War-era measure to boost investment in U.S. manufacturing of medicines and medical supplies that he has deemed important for national defense, the White House said.

Maruti Suzuki India Ltd on Monday said it will raise prices beginning 1 January, setting the stage for similar hikes by rival automakers. The company attributed the move to higher commodity costs and steep inflation, but did not specify the quantum of price hike for specific models. “Steel prices have firmed up a little over the last 3-4 months, which accounts for around 38% of our commodity buying.

Business daily Dagens Industri reported Monday morning that electric automaker, Tesla (NASDAQ:TSLA) has filed a lawsuit against the Swedish government's Transport Agency due to a workers' strike impeding the issuance of license plates for its new vehicles, as per a report by the on Monday.

ALSO READ: Elon Musk's Tesla plans to invest up to $2 billion in India's plant but with riders On Oct. 27, 130 members of the powerful metalworkers’ union IF Metall walked out at seven workshops across the country where the popular electric cars are serviced, demanding that the carmaker sign a collective bargaining agreement, which most employees in Sweden have.

diversify their businesses outside of China as tensions rise between Washington and Beijing. Also Read: 'Season of hot sales': Apple supplier Foxconn logs surprise jump in Q3 profit. Details here About half of Foxconn’s revenue comes from business with Apple Inc.

S&P 500 (SPX) recorded the fourth consecutive weekly close last week, ultimately closing at the highest level since July. It also marks the longest weekly run since June.

Surge, Peak XV Partners’ scale up-programme for early-stage startups. Other notable angels in the round include Naveen Kukreja, cofounder of Paisabazaar, Cred founder Kunal Shah, Zomato cofounder Mohit Gupta, Park+ founder Amit Lakhotia, among others.

Bharat Tex exhibition in February aims to showcase the complete textile value chain, featuring participants ranging from farmers to fashion designers. The event, held at both Bharat Mandapam and the newly constructed Yashobhoomi in the capital, marks India's dedication to becoming a global textile powerhouse, combining innovation, collaboration, and the «Make in India» spirit. Timed strategically, the exhibition, covering an expansive two lakh square feet (equivalent to 45 football fields), is anticipated to coincide with the announcement of general elections. Textiles has been a major focus sector, given the large number of weavers, artisans and workers involved in the sector. Bharat Tex 2024 represents India's 5F vision, encompassing Farm to Fibre to Factory to Fashion to Foreign. It emphasizes the nation's readiness to take on global competition in the textile sector, creating products not only for India but the entire world. The four-day event is expected to attract global CEOs, policymakers, in addition to over 3,500 exhibitors from around the world, 3,000 overseas buyers from over 40 countries, and more than 40,000 domestic buyers, official sources told TOI. The textiles ministry, which is working with trade bodies, has reached out to global players such as Chanel, LVMH, Uniqlo, Zara and Walmart — which is hosting its first global sourcing meeting around the same time — to join the mega event where nearly 100 top Indian brands such as Fabindia, Nalli, Arvind Mills and Raymond will be showcased as the organisers work on the theme of «local for global». «Indian manufacturers cater to big brands, largely as vendors.

₹10 per equity share consists of a fresh issue of equity shares and an offer-for-sale (OFS) by promoters selling shareholders. As per the DRHP, the proceeds from the fresh issue will be utilised for funding the working capital requirements and general corporate purposes. The offer is being made through the Book Building Process, wherein not more than 50% of the Offer shall be available for allocation to Qualified Institutional Buyers, not less than 15% of the Offer shall be available for allocation to Non-Institutional Investors and not less than 35% of the Offer shall be available for allocation to Retail Individual Investors.

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Mint SnapView has been highlighting. What this shows is that ‘K-shaped economic recovery’, as economists call the phenomenon, is at risk of becoming a continuing trend in the absence of policy steps to correct the imbalances.

₹24,500 billion) by FY26, with electronics exports expected to hit $120 billion by then. These projections depend on India gradually reducing its dependence on electronics imports. At present, India fulfills a majority of its electronic needs through imports.

Electric buses will be at the forefront of India’s electrification drive with the segment expected to witness healthy traction going forwards expects ICRA.