Nvidia is opening an investigation into reports that CEO Jensen Huang was the "target of a foreign intelligence effort," the company's board of directors said Sunday.
Huang apologised in a message to the company, according to the Times. "I was unfaithful to my wife," he said. "My actions hurt her and our children. There is no excuse for what I did. I am deeply sorry." Nvidia's board said in a statement it has "no reason to believe that either national security or Nvidia secrets were compromised," but that its inquiry would examine all available information. Huang "fully supports the review and has committed to cooperating with it," the board said.
Huang apologised in a message to the company, according to the Times. "I was unfaithful to my wife," he said. "My actions hurt her and our children. There is no excuse for what I did. I am deeply sorry." Nvidia's board said in a statement it has "no reason to believe that either national security or Nvidia secrets were compromised," but that its inquiry would examine all available information. Huang "fully supports the review and has committed to cooperating with it," the board said.
China extends gold buying spree to two years as prices drop, adds 25.8 tonnes in October
China's central bank added 25.8 tonnes of gold to its reserves in October, extending its buying streak to 24 months, even as bullion prices fell nearly 7% during the month.
China's central bank added 25.8 tonnes of gold to its reserves in October, extending its buying streak to 24 months, even as bullion prices fell nearly 7% during the month.
ICICI Securities’ Muhurat picks: Venus Pipes leads 10-stock list with up to 34% upside
ICICI Securities has selected 10 stocks for Muhurat trading and Samvat 2083, with Venus Pipes and Tubes offering the highest potential upside of 34%, followed by Neogen Chemicals at 32% and Info Edge at 28%; the basket has an average implied upside of around 23%.
ICICI Securities has selected 10 stocks for Muhurat trading and Samvat 2083, with Venus Pipes and Tubes offering the highest potential upside of 34%, followed by Neogen Chemicals at 32% and Info Edge at 28%; the basket has an average implied upside of around 23%.
Indian Oil plans to buy ships as crude freight costs hit $10 a barrel amid Iran-US tensions
- IOC plans to acquire its own crude oil and LPG carriers.
- Board approved vessel purchases amid rising shipping costs.
- IOC reported a net profit of Rs 21,630 crore in Q2.
- IOC plans to acquire its own crude oil and LPG carriers.
- Board approved vessel purchases amid rising shipping costs.
- IOC reported a net profit of Rs 21,630 crore in Q2.
GLAND PHARMA: US REVENUE GROWTH IS EXPECTED TO SUSTAIN, DRIVEN BY NEW PRODUCT LAUNCHES AND CDMO BUSINESS, WITH NO ANTICIPATED LUMPINESS;
THE COMPANY'S FULL-YEAR GROWTH GUIDANCE REMAINS 15% ON A CONSTANT CURRENCY BASIS, WITH EXPECTATIONS FOR IMPROVED PERFORMANCE IN THE REST OF THE WORLD (ROW) MARKET.
THE COMPANY'S FULL-YEAR GROWTH GUIDANCE REMAINS 15% ON A CONSTANT CURRENCY BASIS, WITH EXPECTATIONS FOR IMPROVED PERFORMANCE IN THE REST OF THE WORLD (ROW) MARKET.
TATA STEEL: THE UK BUSINESS IS EXPECTED TO APPROACH BREAKEVEN IN Q4 FY27, CONTINGENT ON THE FLUSHING OUT OF IMPORTED MATERIAL FROM THE MARKET, WITH Q3 REALIZATIONS PROJECTED TO BE GBP28-GBP30 PER TON HIGHER THAN Q2.
TATA STEEL: MANAGEMENT EXPECTS THE SECOND HALF OF FY27 TO BE STRONGER THAN THE FIRST HALF FOR INDIA, DRIVEN BY HIGHER VOLUMES, IMPROVED PRICES, AND SEASONAL FACTORS, WITH Q3 REALIZATIONS PROJECTED TO BE INR3,500-INR3,600 PER TON HIGHER THAN Q2.
DIVI'S LABS: FOR THE SECOND HALF OF FY2027, MANAGEMENT REITERATED A DOUBLE-DIGIT REVENUE GROWTH OUTLOOK, DECLINING TO PROVIDE A MORE SPECIFIC PERCENTAGE RANGE BEYOND THE 17% CONSTANT CURRENCY GROWTH ACHIEVED IN THE FIRST HALF
AZAD ENGINEERING: THE COMPANY REITERATES ITS LONG-TERM ANNUAL GROWTH GUIDANCE OF OVER +25%; EXPORTS ARE EXPECTED TO REMAIN ABOVE 85% OF SALES. CURRENT INSTALLED CAPACITY TARGETS AN ANNUAL REVENUE RUN RATE EXCEEDING INR1,300 CRORES BY FY28 END
MOREPEN LABS: CO. ENTERS US PRESCRIPTION GENERICS MARKET WITH LAUNCH OF DESLORATADINE TABLETS 5 MG -
BLUESTONE JEWELLERY: CO. HAS REPORTED 45% YOY BUSINESS GROWTH FOR THE PERIOD OCTOBER 1 TO NOVEMBER 8, 2026, DURING Q3 FY27
SEAMEC: SECURES USD 26.14 MILLION (APPROX. ₹233 CRORE) SUBSEA INSTALLATION CONTRACT FROM L&T FOR ONGC'S PRP-X PROJECT