Between 2016 and 2020, Elon Musk pumped in millions of dollars into OpenAI. He was one of the co-founders in 2015, and for a few years was its largest donor. Now, he's taken OpenAI & it's co founder Sam Altman to court. Tweeting about this, Vinod Khosla, who was the first venture capitalist to invest in OpenAI once it became a private entity, thinks Musk just regrets not having a stake in OpenAI now. Musk thinks Khosla doesn't know what he's talking about. Watch
5 Mar 2024'Bharat perceives the distinction between being non-west and anti west. It is not our interest that in trading places, we end up with a more adverse situation. Finding common ground while asserting our own identity is essential', says External Affairs Minister S Jaishankar at JNU. Watch
27 Feb 2024RBI has reviewed the directions on commercial papers (CPs) and non-convertible debentures (NCDs) for initial maturity up to one year. A master direction has been issued accordingly. It will come into effect on April 1, 2024.
1 min read4 Jan 2024Highest gains in first quarter of any fiscal year; insurer sells shares in at least 87 leading Indian companies
3 min read28 Jul 2023According to the Reserve Bank data, Scheduled Commercial Banks (SCBs) have done aggregate recovery of ₹10,16,617 crore during the last nine financial years. According to the Central Repository of Information on Large Credits the total funded amount outstanding of SCBs to corporate company borrowers, which was classified as NPA and had an amount outstanding of ₹1,000 crore or more was ₹1,03,975 crore as on March 31, 2023.
27 Jul 2023India’s ban on rice export has set off alarm bells, the resulting supply shortage is expected to push global rice prices beyond a decade’s high, and that has made the IMF ‘encourage’ India to remove the export ban. What do you think India will do? Will it prioritise global price stability over the domestic market? Watch the full video to find out.
26 Jul 2023PFC plans to utilize at least 75% of the net proceeds for onward lending, financing,refinancing existing debt, and debt servicing, while up to 25% will be allocated for general corporate purposes
1 min read12 Jul 2023Kotak Strategic Situations India Fund II and Kotak Private Credit Fund invested ₹582 crore and ₹150 crore, respectively in RattanIndia Power
1 min read23 Jun 2023India is planning to retaliate with a carbon tax on European imports. India is considering the move in response to Europe’s CBAM. According to sources, the groundwork to devise a mechanism to measure carbon content in products is being done by the ministry of finance and commerce. Europe's decision to link environment with trade has irked India. Especially, since no such considerations were in place while Europe was industrializing.
19 Jun 2023HDFC Ltd Bonds: According to HDFC in a regulatory filing, the issue's objective is to increase the Corporation's long-term resources.
1 min read15 May 2023The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared