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Microsoft on Monday said that its vice president of GenAI research, Sebastien Bubeck, is leaving the company to join ChatGPT-maker OpenAI. It was unclear what role Bubeck would assume at the Microsoft-backed AI startup. «Sebastian has decided to leave Microsoft to further his work toward developing AGI,» a spokesperson for Microsoft said, adding that the company looks forward to continuing their relationship through Bubeck's work with OpenAI.

small cap company Pondy Oxides and Chemicals had announced a stock split in the ratio 2:1, for which they had fixed October 16 as the record date, which means today is the last date to buy the shares of the company to be eligible for the benefit of the stock split. “The Board of Directors of the Company in their meeting held today, i.e., 23rd September 2024 at 03.00 P.M. (1ST), have fixed the Record date on Wednesday, 16th October 2024 for the purpose of determining the eligible shareholders of the Company for Sub-division / Split of the existing equity shares of the Company such that 1 ( one) equity share having face value of Rs. 10/- (Rupees Ten only) each fully paid-up be sub-divided into 2 (Two) equity shares having a face value of Rs. 5/- (Rupees Five only) each,” the company had informed via an exchange filing.

Granules India, Hindustan Copper, IDFC First Bank, Indian Energy Exchange (IEX), Manappuram Finance, National Aluminium Company (NALCO), Punjab National Bank (PNB), RBL Bank, Steel Authority of India (SAIL) and Tata Chemicals. The Future & Options contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market wide positions limits or MWPL. The ban on it is reversed only if the open interest falls below 80%.

Tim Alper is a British journalist and features writer who has worked at Cryptonews.com since 2018. He has written for media outlets such as the BBC, the Guardian, and Chosun Ilbo. He has also worked...

retail inflation surged to a nine-month high of 5.5% in September, driven by higher food inflation and an unfavourable base effect, official data released Monday showed. The sharp reversal in consumer inflation from a five-year low of 3.6% in July and 3.65% in August has dented hopes of interest rate cuts.

Venugopal Garre, MD,Bernstein, says China recovery is positive for India, and not negative for India. From a broader India perspective, India is going potentially through a phase of fatigue in the economy which is going to impact earnings as well. So, we need to watch more for that as a challenge for capping Indian equity returns than anything else. Derivative drivers, be it aspects around IIPs, production levels and things like cement demand, across the board we see some degree of fatigue which is more derivative in nature in terms of demand. Let us understand your view of the world. Exactly a week ago, the concerns for equity markets were abundant – China, US macro data, and the Middle East crisis. At least for the moment, two out of those three concerns have taken a backseat.

Oregon's Multnomah County, home to Portland, has added the state's largest natural gas utility to its $51.5 billion climate lawsuit against fossil fuel companies

Reliance Retail Ventures (RRVL) on Monday reported a 1.3% rise in its September quarter consolidated net profit to Rs 2,836 crore versus Rs 2,800 crore reported in the year-ago period. The revenue from operations stood at Rs 66,502 crore, lower by 3.5% over Rs 68,937 crore posted by the company in the corresponding quarter of the previous financial year.

Bohra Industries Ltd.(up 4.95%), Madhya Bharat Agro Products Ltd.(up 3.55%), Sikko Industries Ltd.(up 1.15%), Chambal Fertilisers & Chemicals Ltd.(up 0.88%), Gujarat State Fertilizer & Chemicals Ltd.(up 0.76%), Mangalore Chemicals & Fertilizers Ltd.(up 0.65%), Krishana Phoschem Ltd.(up 0.52%), Zuari Agro Chemicals Ltd.(up 0.37%) and The Fertilisers and Chemicals Travancore Ltd.(up 0.14%) stood among the top gainers.

Snubbed by Tesla, Mexico's new president has pledged to create a Mexican-made small, affordable electric car

<a rel=«dofollow» href=«https://economictimes.indiatimes.com/divi» s-laboratories-ltd. data-ga-onclick=«Inarticle articleshow link click#Markets#href» target="_blank">Divi's Laboratories Ltd. traded 0.3 per cent higher in Monday's session at 12:31PM (IST). The stock opened at Rs 6149.95 and has touched an intraday high and low of Rs 6182.0 and Rs 6122.2, respectively, during the session so far. The stock quoted a 52-week high of Rs 6182.0 and a 52-week low of 3300.0. About 4,911 shares changed hands on the counter so far.

Reliance Jio Infocomm on Monday reported a 23.4% jump in its September quarter consolidated net profit at Rs 6,539 crore versus Rs 5,299 crore reported by the company in the year ago period. The revenue from operations stood at Rs 31,709 crore, higher by 18% over Rs 26,875 posted by the company in the corresponding quarter of the previous financial year. The company reported strong 7.4% YoY increase in average revenue per user (ARPU) to Rs 195.1.

In a briefing note today (14 October), the firm said that the way in which the debt target is currently formulated «allows almost no room for additional borrowing to invest».  Research director James Smith and senior economists Emily Fry and Cara Pacitti said the chancellor is faced with a plethora of options for reform to facilitate improved fiscal flexibility in the Budget.  Reeves urged to allow National Wealth Fund to issue bonds to unlock £100bn of private finance On the side of incremental change, technical tweaks such as including, instead of excluding, Bank of England liabi...

Sensex advanced 629.34 points to 82010.7. As many as 23,470 shares changed hands on the counter with a total value of Rs 2.08 crore.

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

Ambuja Cements Ltd. traded 0.38 per cent up in Monday's trade at 12:41PM (IST). Around 46,111 shares changed hands on the counter. The counter opened at Rs 589.95 and touched an intraday high and low of Rs 590.4 and Rs 583.75, respectively, in the session so far. The stock of Ambuja Cements Ltd. quoted a 52-week high of Rs 706.85 and a 52-week low of Rs 404.0.

Subscribe to enjoy similar stories. Ola Electric Mobility Ltd. had a muted debut on the stock exchange in early August.

Back in 2016, the artificial intelligence maker OpenAI had just incorporated as a nonprofit and applied to the Internal Revenue Service for tax-exempt status

The Nobel memorial prize in economics has been awarded to Daron Acemoglu, Simon Johnson and James A

According to research from the New Economics Foundation (NEF), in addition to changing the fiscal regulations to remove the new NWF from the measure of debt targeted in the fiscal rules, allowing the wealth fund to issue green bonds on private markets could raise £14bn of private investment for every £1bn of Treasury funding.  In the Labour Party's manifesto, it committed to target a ratio of £3 of private funding for every £1 of government investment. Therefore, NEF assistant researcher Theo Harris said «allowing it to issue its own bonds is a policy lever that would allow it to achi...

Subscribe to enjoy similar stories. Kolkata-based Paayel Sengupta and Ankur Das have a ritual of taking a foreign holiday each year. Having travelled across Southeast Asia extensively, this year they set their sights on a different journey—one that would take them to the captivating crossroads of East and West, beginning with the rich history and stunning landscapes of Turkey.