Billionaire #ElonMusk said he will launch an artificial intelligence, which he calls "#TruthGPT," in an apparent challenge to #ChatGPT, the popular chatbot from OpenAI.
Read here: https://www.livemint.com/technology/apps/musk-says-he-will-start-truthgpt-or-a-maximum-truth-seeking-ai-report-11681766088524.html
Read here: https://www.livemint.com/technology/apps/musk-says-he-will-start-truthgpt-or-a-maximum-truth-seeking-ai-report-11681766088524.html
British financial services giant #EY, which last week dropped a plan to split its audit & advisory units, said Monday it will cut 3,000 US jobs, citing overcapacity at the firm. #Layoffs2023
Read here: https://www.livemint.com/companies/news/ernst-young-to-cut-3-000-jobs-in-us-11681769156311.html
Read here: https://www.livemint.com/companies/news/ernst-young-to-cut-3-000-jobs-in-us-11681769156311.html
#Apple's CEO #TimCook noted that the company is leveraging its experiences in China to enhance its operations in India.
Cook expressed confidence in India's potential, stating that he did not expect a significant difference between the two markets.
https://www.livemint.com/news/apple-ceo-tim-cook-leverages-china-experience-to-boost-india-operations-as-country-achieves-record-revenue-11681787839457.html
Cook expressed confidence in India's potential, stating that he did not expect a significant difference between the two markets.
https://www.livemint.com/news/apple-ceo-tim-cook-leverages-china-experience-to-boost-india-operations-as-country-achieves-record-revenue-11681787839457.html
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Apple CEO Tim Cook leverages China experience to boost India operations, as country achieves record revenue
During an investor call in February, Apple's CEO Tim Cook noted that the company is leveraging its experiences in China to enhance its operations in India. Cook expressed confidence in India's potential, stating that he did not expect a significant difference…
As per the report, #UPI clocked over 74.05 billion transactions in volume and ₹126 trillion in terms of value.
https://www.livemint.com/news/india/india-saw-record-of-rs-149-5-trillion-upi-card-transactions-in-2022-this-city-tops-the-list-11681789465771.html
https://www.livemint.com/news/india/india-saw-record-of-rs-149-5-trillion-upi-card-transactions-in-2022-this-city-tops-the-list-11681789465771.html
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India saw record of ₹149.5 trillion UPI, card transactions in 2022; THIS city tops the list
As per the report, UPI clocked over 74.05 billion transactions in volume and ₹126 trillion in terms of value.
Air India has redesigned its salary structure for its cabin crews and pilots starting from April 1st.
Here's what #AirIndia's new salary structure will look like:
https://www.livemint.com/companies/news/air-india-restructures-salaries-allowances-from-april-1-how-much-will-pilots-cabin-crews-will-earn-11681744991821.html
Here's what #AirIndia's new salary structure will look like:
https://www.livemint.com/companies/news/air-india-restructures-salaries-allowances-from-april-1-how-much-will-pilots-cabin-crews-will-earn-11681744991821.html
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Air India restructures salaries, allowances from April 1. How much will pilots, cabin crews will earn?
Air India pilots will earn a minimum salary of ₹50,000 per month, which can go up to ₹8.5 lakh. While cabin crews can earn in the range from ₹25000 to ₹78,000 per month. The company has also announced various allowances for its employees.
A five-judge constitution bench of the Supreme Court has started hearing a set of petitions on the recognition of same-sex marriage in India.
The court has referred to this matter as a "seminal" issue of significant importance.
https://www.livemint.com/news/india/lgbtq-community-is-denied-basic-rights-petitioners-to-sc-on-same-sex-marriage-11681801170014.html
The court has referred to this matter as a "seminal" issue of significant importance.
https://www.livemint.com/news/india/lgbtq-community-is-denied-basic-rights-petitioners-to-sc-on-same-sex-marriage-11681801170014.html
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‘LGBTQ community is denied basic rights..' petitioners to SC on same-sex marriage
The central government, led by Prime Minister Narendra Modi, has voiced its opposition to same-sex marriage rights, stating that the matter should be addressed through legislation in Parliament, rather than being determined by the courts.
The #UnitedStates spoke to rival Sudanese commanders who have been waging fierce battles in #Khartoum and beyond for a fourth day, telling them to stop fighting and to protect civilians and others after a #US diplomatic convoy came under fire.
https://www.livemint.com/news/blinken-warns-sudan-warring-generals-after-us-convoy-faces-fire-11681809446366.html
https://www.livemint.com/news/blinken-warns-sudan-warring-generals-after-us-convoy-faces-fire-11681809446366.html
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Blinken warns Sudan's warring generals after US convoy faces fire
Secretary of State Antony Blinken has warned Sudan's warring generals after a US convoy was caught in the fire
#Twitter plans to apply the visibility filter initially to tweets that violate its rules on hateful conduct, with the intention of expanding the filter to other areas later.
Read here: https://www.livemint.com/news/world/twitters-new-visibility-filter-will-monitor-tweets-for-freedom-of-speech-not-reach-11681811806081.html
Read here: https://www.livemint.com/news/world/twitters-new-visibility-filter-will-monitor-tweets-for-freedom-of-speech-not-reach-11681811806081.html
Flights headed to #Honolulu, #Tampa, #Fla., and #Frankfurt in recent months hit turbulence so severe that some passengers and crew ended up in the hospital with injuries.
https://www.livemint.com/industry/heavy-turbulence-on-flights-is-likely-to-get-worse-11681815200829.html
https://www.livemint.com/industry/heavy-turbulence-on-flights-is-likely-to-get-worse-11681815200829.html
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Heavy Turbulence on Flights Is Likely to Get Worse
Meteorologists predict more bumpy flights as climate change makes hard-to-detect clear-air turbulence more common
The #SupremeCourt on Tuesday questioned the parole granted to convicts in #BilkisBano case during incarceration, says gravity of offence should have been considered by the state.
Read here: https://www.livemint.com/news/bilkis-bano-rape-case-supreme-court-questions-parole-granted-convicts-gravity-of-crime-should-have-been-considered-11681814808926.html
Read here: https://www.livemint.com/news/bilkis-bano-rape-case-supreme-court-questions-parole-granted-convicts-gravity-of-crime-should-have-been-considered-11681814808926.html
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As per the Federation of Automobile Dealers Associations, #TataMotors, Mahindra & Mahindra and #KiaIndia witnessed an increase in their market share based on the retail sales last fiscal.
https://www.livemint.com/auto-news/maruti-suzuki-hyundai-share-in-retail-sale-market-declined-last-fiscal-here-s-why-11681820028952.html
https://www.livemint.com/auto-news/maruti-suzuki-hyundai-share-in-retail-sale-market-declined-last-fiscal-here-s-why-11681820028952.html
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Maruti Suzuki, Hyundai share in retail sale market declined last fiscal: Here's why
In 2021-22, Maruti Suzuki had retailed 12,39,688 units in 2021-22 and grabbed a market share of 42.13 per cent. The share dropped to 40.86 per cent in 2022-23.
While #Coinbase CEO Armstrong has been vocal about his opposition to current #US #crypto regulation, raising the possibility of relocating marks an escalation of the rhetoric.
https://www.livemint.com/market/cryptocurrency/coinbase-ceo-won-t-rule-out-relocating-company-away-from-us-11681825665253.html
https://www.livemint.com/market/cryptocurrency/coinbase-ceo-won-t-rule-out-relocating-company-away-from-us-11681825665253.html
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Coinbase CEO won’t rule out relocating company away from US
Crypto exchange Coinbase Global may consider moving its headquarters outside the US unless the country changes its approach to regulation, CEO Brian Armstrong said
#Microsoft Corp is developing its own artificial intelligence chip code-named "Athena" that will power the #technology behind #AI chatbots like #ChatGPT, a report stated.
https://www.livemint.com/technology/tech-news/microsoft-developing-its-own-ai-chip-code-named-athena-report-11681826301608.html
https://www.livemint.com/technology/tech-news/microsoft-developing-its-own-ai-chip-code-named-athena-report-11681826301608.html
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Microsoft developing its own AI chip code-named ‘Athena’: Report
Microsoft is developing its own artificial intelligence chip code-named ‘Athena’ that will power the technology behind AI chatbots like ChatGPT. The chips will be used to process massive amounts of data, recognize patterns and create new outputs to mimic…
The #US-based airline, issued an official notification on #Twitter announcing the resumption of its services after its flights faced delays nationwide, which ultimately led to halt in its services.
https://www.livemint.com/news/world/southwest-airlines-in-us-resumes-operation-after-a-nationwide-halt-due-to-tech-issues-11681831194524.html
https://www.livemint.com/news/world/southwest-airlines-in-us-resumes-operation-after-a-nationwide-halt-due-to-tech-issues-11681831194524.html
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Southwest Airlines in US resumes operation after a nationwide halt due to tech issues
After a nationwide halt due to technical issues, Southwest Airlines has resumed its services on Tuesday morning. All flights of Southwest Airlines were grounded due to technical issues
Leasing a car through your employer brings into play a relatively lesser known tax sop available to salaried individuals or even owners of businesses.
https://www.livemint.com/money/personal-finance/save-on-taxes-lease-an-suv-through-your-employer-instead-of-buying-with-costly-car-loan-and-down-payment-11681836748998.html
https://www.livemint.com/money/personal-finance/save-on-taxes-lease-an-suv-through-your-employer-instead-of-buying-with-costly-car-loan-and-down-payment-11681836748998.html
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Want to pay less for an SUV? Lease through your employer
Tax deductions on such leases will help bring down the cost of a vehicle by at least 20-40%.Car leasing allows an individual to use a vehicle for a specified duration by paying rentals regularly
#StocksToWatch | Here are the top 10 stocks that could be in focus in today's trade:
https://www.livemint.com/market/stock-market-news/stocks-to-watch-sbi-icici-lombard-ntpc-bank-of-india-tata-coffee-11681863201403.html
https://www.livemint.com/market/stock-market-news/stocks-to-watch-sbi-icici-lombard-ntpc-bank-of-india-tata-coffee-11681863201403.html
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Stocks to Watch: SBI, ICICI Lombard, NTPC, Bank of India, Tata Coffee
Tata Communications, ICICI Securities, Alok Industries, Mastek, and Artson Engineering will be among the stocks in focus as they will be declaring their March quarter earnings today.
India could become one of #Apple’s biggest markets one day, #TimCook said in Mumbai, on a day over a thousand people, many of them from across the country, poured into its first India store.
https://www.livemint.com/companies/news/apple-ceo-tim-cook-opens-first-india-store-plans-to-make-india-one-of-its-largest-markets-11681843826517.html
https://www.livemint.com/companies/news/apple-ceo-tim-cook-opens-first-india-store-plans-to-make-india-one-of-its-largest-markets-11681843826517.html
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‘Opportunity enormous, journey extraordinary’
India has the potential to be among Apple’s top markets, chief executive Cook says.The Mumbai store is also among the most energy-efficient Apple Stores in the world, according to the company
#Zomato’s shares have declined by as much as 36% in the last one year, sharply underperforming the Nifty 50 index.
The upcoming March quarter results too, are unlikely to surprise meaningfully.
https://www.livemint.com/market/mark-to-market/zomatos-shares-slump-36-in-a-year-q1-results-unlikely-to-surprise-as-losses-persist-due-to-quick-commerce-arm-blinkit-s-expansion-costs-11681834771786.html
The upcoming March quarter results too, are unlikely to surprise meaningfully.
https://www.livemint.com/market/mark-to-market/zomatos-shares-slump-36-in-a-year-q1-results-unlikely-to-surprise-as-losses-persist-due-to-quick-commerce-arm-blinkit-s-expansion-costs-11681834771786.html
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Why Zomato’s profit path is rocky
In the December quarter, which is the first full quarter of Blinkit’s consolidation, Zomato’s net loss stood at ₹347 crore.
The El Nino weather pattern, historically tied to droughts and reduced farm output in India, is expected to affect another critical aspect of the local economy this year: wind power generation.
https://www.livemint.com/news/india/el-nino-to-impact-wind-power-generation-in-india-as-wind-speeds-slow-during-historically-high-wind-months-of-june-to-september-warns-industry-11681841486277.html
https://www.livemint.com/news/india/el-nino-to-impact-wind-power-generation-in-india-as-wind-speeds-slow-during-historically-high-wind-months-of-june-to-september-warns-industry-11681841486277.html
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Now, wind power braces for El Nino
The effects of El Nino, which occurs due to the warming of the Pacific Ocean waters, on wind power generation in India could lead to lower output amid soaring summer temperatures, driving up electricity demand
Government has made changes to the #windfalltax on domestic #crudeoil production to simplify the tax system and encourage investments.
The revised tax rate is now set at ₹6,400 per tonne.
Read here: https://www.livemint.com/news/india/windfall-tax-on-domestic-crude-to-rs-6-400-eliminates-diesel-export-duty-11681870764151.html
The revised tax rate is now set at ₹6,400 per tonne.
Read here: https://www.livemint.com/news/india/windfall-tax-on-domestic-crude-to-rs-6-400-eliminates-diesel-export-duty-11681870764151.html
#Google Inc, which is among the world's top-5 companies by value, is gradually cutting back employee benefits as per reports by international media.
Read here: https://www.livemint.com/news/india/no-more-free-massage-fitness-centers-google-cuts-down-employee-perks-after-firing-12-000-staff-11681867685981.html
Read here: https://www.livemint.com/news/india/no-more-free-massage-fitness-centers-google-cuts-down-employee-perks-after-firing-12-000-staff-11681867685981.html