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Gautam Hari Singhania has been appointed as the Executive Chairman of Raymond Lifestyle after the textiles and fabric maker's shareholders approved the appointment proposal. The special resolution for the «appointment of Gautam Hari Singhania as an executive chairman» of the company and to fix his remuneration received 86.85 per cent of the total votes cast at the Annual General Meeting (AGM). The resolution was passed with requisite majority, according to the Scrutinizer's Report filed by the company to the bourses on Wednesday evening. Besides, the shareholders of the company also approved eight other special resolutions regarding the appointment of Independent Directors and Sunil Kataria as the Managing Director of the company.

OpenAI CEO Sam Altman expressed confidence Wednesday that Elon Musk would not use his proximity to Donald Trump to harm business rivals, calling such actions «profoundly un-American.» Speaking at the New York Times DealBook conference, Altman addressed concerns about Musk's announced role heading a new Department of Government Efficiency in the incoming Donald Trump administration, and whether he might use it to favor his own companies. «I may turn out to be wrong, but I believe pretty strongly that Elon will do the right thing,» Altman said. «It would be profoundly un-American to use political power to hurt your competitors and advantage your own businesses.»

The move represents a massive expansion for the supercomputer called Colossus, which currently has 100,000 GPUs to train xAI's chatbot called Grok. As part of the expansion, Nvidia, which supplies the GPUs, and Dell and Super Micro, which have assembled the server racks for the computer, will establish operations in Memphis, the chamber said in a statement.

Mirchi ka halwa," has gone viral on social media, sparking mixed reactions from the users. The video, shared by Instagram user @bala.dagar__malik.7127, shows the dessert being prepared and served. The video features a woman expressing her surprise at the unusual dish. «I've had plenty of sweets, but this is the first time I've heard of Mirchi ka halwa,» she says.

Federal Reserve Chair Jerome Powell on Wednesday said the economy is stronger now than the central bank had expected in September when it began reducing interest rates, and appeared to signal his support for a slower pace of interest-rate cuts ahead. «The U.S. economy is in very good shape and there's no reason for that not to continue ...the downside risks appear to be less in the labor market, growth is definitely stronger than we thought, and inflation has come in a little higher,» Powell said at a New York Times event. «So the good news is that we can afford to be a little more cautious as we try to find neutral.» His remarks during a wide-ranging half-hour interview that touched only lightly on monetary policy and the economy are likely his last before the Dec. 17-18 policy meeting, as the quiet period when Fed officials refrain from speaking about monetary policy ahead of a meeting starts on Saturday. In-depth comments by some of Powell's key colleagues this week have pointed in the direction of a third straight interest-rate cut, with Governor Christopher Waller saying on Monday he was «leaning toward» a reduction even as others decline to pre-commit to that outcome.

Marine Le Pen displayed the influence she wields on France by toppling the government but she is also facing a trial that risks banishing her from politics for good. Le Pen, who took over the far-right mantle from her father Jean-Marie, has over the last decade sought to turn her National Rally (RN) party into an electable force, even if critics still accuse it of being inherently racist. The work of «dediabolisation» («de-demonisation») bore fruit in the snap legislative polls this summer, with the RN emerging as the largest single party in the National Assembly, although without the outright majority it had targeted.

Mutual funds, which continue to benefit from India's increasing financialisation of savings, appear to have stepped in to fill the financing void created by circumspect banks that have slowed fund flows to non-bank lenders following regulatory scrutiny on such exposure. Their support to non-banking financial companies (NBFCs) climbed 47% in October, albeit on a much smaller base. That compares with a growth of 6% in bank lending to NBFCs, although on a much larger base, but nevertheless reflecting the impact of regulatory caution on bank exposure to this segment. To be sure, banks remain the biggest financing source for NBFCs, but the share of alternative market-driven instruments in the total funding pie will increase. «While banks will remain the dominant funding source for NBFCs, the bond market will gain market share over the near to medium term,» said Malvika Bhotika, director at Crisil Ratings. «We believe the bond market will become more attractive over the next few quarters given the expectation of a repo rate cut.»

Swiggy Instamart, which reported 75% year-on-year gross sales growth in the September quarter, saw its average order value (AOV) of Rs 499 come in lower than some of its competitors. Even though the company has indicated its AOV is on an upward path — it rose 7.8% on-year and 2.5% sequentially — sector analysts emphasised that it is crucial for Swiggy Instamart to push this metric to maintain revenue momentum as well as improve profitability. Market leader Blinkit reported AOV of Rs 660 for the July-September period. The AOV of rivals Zepto and BB Now are understood to be around Rs 500.

UnitedHealthcare CEO salary and bonus. 50-year-old Thompson had run the insurance arm of health care giant UnitedHealth Group Inc. since 2021 and had worked at the company for 20 years. The University of Iowa graduate who began his career as a certified public accountant had little name recognition beyond the industry. Even to investors who own its stock, the public face of the parent company belonged to CEO Andrew Witty, a knighted British triathlete who has testified before Congress.

Swiss billionaire is commissioning the construction of the world's longest gigayacht which is named as Ulyssia and which will surpass the Titanic in size at an impressive 1,050 feet, reported The US Sun. According to The US Sun, this luxury vessel is designed to accommodate 133 apartments which will be including 10 penthouses and 22 guest suites with living spaces ranging from 1,184 to over 10,258 square feet. At the same time, each apartment will be featuring some high-end amenities akin to a five-star hotel while including open-plan kitchens and large windows for stunning views. Also Read: China's new invention in space arena: Here's what the country plans to do to colonize the moon

Black Ops 6 Zombies introduces the GobbleGum Mania event. This event starts alongside the Season 1 Reloaded update and features personal and community objectives.

According to Express US, Ding Lieyun who is the project leader actually explained that the double-layered dome design allows for partitioned living and working spaces and these habitats could be built using robots and 3D printing technology. Also Read: Yellowstone Season 5: All we know about Episode 13 release date, time, upcoming episode schedule and where to watch

Bill Maher is contemplating quitting his long running HBO talk show ‘Real Time’ due to his exhaustion with discussing US President- elect Donald Trump, reported Express US. According to Express US, during a recent episode of his ‘Club Random’ podcast with actress Jane Fonda, Bill Maher expressed his frustration while stating that he is actually scared about the prospect of Donald Trump's second term and eventually indicated that he might no longer want to cover political topics dominated by Donald Trump. He has been pretty vocal about his disdain for Donald Trump since before the 2016 US Presidential election while labeling him a ‘con man’ and a ‘mafia boss’.

Rajya Sabha on Wednesday. They cited Chairman Jagdeep Dhankhar’s remarks on the need for the government to act on this issue while raising their point, leading to reactions from the Chair. As the proceedings began in the Rajya Sabha on Wednesday, Opposition members gathered at the threshold of the Well of the House and shouted slogans- “Kisan Virodhi yeh sarkar, nahi chalegi, nahi chalegi (This anti-farmer government will not be accepted)” and “MSP par jawab do (speak on the demand for MSP)”. Rajya Sabha Chairman asked the agitating members to back to their seat. “Interest of farmers is not served by sloganeering or shedding crocodile tears… Farmer is your last priority,” Dhankhar said, adding that till now the Opposition had not raised this issue nor did any of the notices under Rule 267 mention this issue but now that the farmers are trying to march to Delhi, these parties are raking it up.

USIN Foundation, a think tank, and The Synodical Board of Social Services of The Church of North India (CNI) among others. While USIN was issued FCRA licence early this month, CNI's application was approved a few months earlier, said officials aware of the matter. US India Strategic Partnership Forum-backed USIN Foundation has Ajay Banga, president, World Bank, and Indra Nooyi, former chairman, Pepsico, as its founding members. The FCRA licence has been granted for five years to each of the NGOs. USIN Foundation has been granted licences for economic activities whereas CNI can carry out activities under six different heads such as religious, cultural, economic, educational and social, added officials. An email query sent to USIN Foundation and CNI Trust remained unanswered till press time.

United Healthcare CEO Brian Thompson was shot dead outside a New York City hotel on Wednesday morning, something that has sent shockwaves across the city, and put the entire region's administration on high alert. There is reportedly an ongoing manhunt, with a widespread search for those responsible for this shootout that took away the life of a leading businessman heading one of the most prominent healthcare organizations in the city, according to a Yahoo News report.

Anurag Mehrotra, ex-managing director and president at Ford India, is set to join JSW MG Motor India as its MD, replacing Rajiv Chaba, CEO Emeritus, who is superannuating on 31 March 2025, said people aware of the movement. Mehrotra who till recently was serving as vice president, international business, and strategy at Tata Motors Commercial Vehicle, is likely to join JSW MG early next month. ET had reported in its 26 November edition that MG JSW has been on a look out for a senior resource who can replace Chaba.

inflation, and huge expectations to deliver. Will Shaktikanta Das, the longest serving RBI governor, continue to wage the arduous battle? While Das may well get an extension (perhaps for a year), no one would have asked the question even a few months ago.

Reliance Jio Infocomm and Bharti Airtel are once again at odds over waiving the licence fee for direct-to-home (DTH) operators, with the former advocating for retaining the fee and the latter calling for its eventual phase-out. Both companies presented their views to the Telecom Regulatory Authority of India (TRAI) during its consultation on the 'Framework for Service Authorisations for the Provision of Broadcasting Services under the Telecommunications Act, 2023'. Airtel has called for the complete removal of the licence fee, arguing for parity between DTH and other TV distribution platforms, which are exempt from such charges.