Nuvama has a ‘hold’ recommendation on Ambuja Cements with a target price of Rs 667 (+19%). The company is merging Shanghi Industries and Penna Cement with itself for operational efficiencies and to improve efficiencies. Analysts feel this decision to streamline the structure of the company is a welcome move.Kotak Institutional Equities has given a ‘reduce’…
MUMBAI: Private equity giant KKR has invested in cloud kitchen startup Rebel Foods, which owns brands like Behrouz Biryani and Faasos. The deal amount was not disclosed but it is understood to be a secondary transaction conducted at a lower valuation of around $800 million. KKR said it will back the firm’s expansion. Source link
Have a question for ChatGPT but lack a Wi-Fi connection? OpenAI has introduced a new way to connect with its popular AI chatbot for U.S. users: Call 1-800-CHATGPT or 1-800-242-8478. OpenAI announced the feature on Wednesday and demonstrated how it works through a YouTube livestream. OpenAI researchers called the number with everything from an iPhone…
Kylie Kelce’s new podcast, “Not Gonna Lie,” is currently No. 1 on Apple’s podcast chart. It also hit the top spot on Spotify this month, though at press time, it is No. 2 below “The Joe Rogan Experience.” (Rogan’s podcast, meanwhile, took first place on Spotify for all of 2024.) Kelce’s podcast’s Instagram bio reads:…
While Amazon is delaying its January 2 return-to-office (RTO) mandate for thousands of employees because of a lack of office space, two other companies are following the tech giant’s lead and implementing strict back-to-the-office mandates. AT&T and Sweetgreen are telling non-frontline staff to come into the office more often in the new year, per Bloomberg….
MUMBAI: The rupee breached the 85 level for the first time on Thursday as the dollar gained ground across most currencies in the wake of the US Federal Reserve indicating that there would be fewer rate cuts in future than expected.In percentage terms, rupee decline was marginal, dipping from 84.95 on Wednesday. However, with the…
Writing a memoir is a challenge. But marketing it is even tougher. Source link
Earlier this week, TikTok and its parent company, China-based ByteDance, asked the U.S. Supreme Court to pause the Jan. 19 deadline imposed by U.S. lawmakers in April that forces ByteDance to sell TikTok or face a ban. TikTok’s CEO Shou Zi Chew was even seen at Mar-a-Lago in Palm Beach, Florida, making his case to…
NEW DELHI: Air India has ordered 34 trainer aircraft — 31 single-engine aircraft from Piper Aircraft in the United States and 3 twin-engine aircraft from Diamond Aircraft in Austria — for its upcoming flying training organization (FTO) at Maharashtra’s Amravati. AI aims to have this FTO ready by mid-2025 and make it the biggest flying…
Trading today will be influenced by the US Federal Reserve’s latest decision. (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, tanked in opening trade on Thursday after US Federal Reserve’s hawkish commentary. While BSE Sensex went below 80,000, Nifty50 also plunged below 24,000. At 9:17 AM, BSE Sensex was…
