The Cabinet Committee on Economic Affairs (CCEA), led by PM Modi, has given the green light to the two projects, with a combined estimated cost of approximately Rs 6,798 crore. New Indian Railways projects: PM Narendra Modi-led Cabinet has given its approval for two significant railway projects, one in Amaravati, Andhra Pradesh, and the other…
According to Nagaraj Shetti of HDFC Securities, the short-term trend of Nifty remains negative. (AI image) Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened flat in trade on Thursday. While BSE Sensex was around 80,150, Nifty50 was above 24,400. At 9:17 AM, BSE Sensex was trading at 80,173.17, up 91 points…
Nvidia’s Blackwell AI chip, the same one that Nvidia CEO Jensen Huang said had “insane” demand, is now free of a design error that caused a production delay. According to a Wednesday Reuters report, Huang said that the design mistake “was 100% Nvidia’s fault.” “We had a design flaw in Blackwell,” he stated. “It was…
Salesforce CEO Marc Benioff has been highly critical of Microsoft’s AI efforts this month, even going on a podcast to call Copilot “disappointing.” Now the drama continues as Benioff criticizes Microsoft’s AI for businesses. On Monday, Microsoft announced new AI agents that can act on a company’s behalf for sales, finance, and customer service tasks….
Starbucks’s new CEO, Brian Niccol, has been making news for his work-from-home setup and early list of priorities. However, after Starbucks surprised investors and analysts with its preliminary earnings report Tuesday evening, commuting by private jet may be the least of Niccol’s worries. Starbucks revealed a decline in sales in the U.S. and China that…
Chipotle has a new addition to its staff: Ava Cado, an AI recruiter that slices the time it takes to hire a new restaurant employee by 75%. Chipotle announced the AI system on Tuesday, stating that Ava will talk to prospective hires, get the necessary information, schedule interviews, and even send out offer letters. Managers…
NEW DELHI: Infra major GMR Group on Wednesday said it has entered into an agreement with a wholly owned subsidiary of Abu Dhabi Investment Authority (ADIA) for an investment of Rs 6,300 crore in the form of structured debt instruments, allowing the former to reduce its pledged shareholding on its airports business. The group will…
India’s record stock rally is already showing signs of fatigue. Goldman Sachs Group Inc tactically lowered Indian equities to neutral from overweight as slowing economic growth dents the outlook for corporate earnings.“While we believe the structural positive case for India remains intact, economic growth is cyclically slowing down across many pockets,” strategists including Sunil Koul…
NYU Stern professor and serial entrepreneur Scott Galloway says “AI is not going to take your job” — but people who know how to use it might. In an episode of the Masters of Scale podcast, which aired earlier this month, Galloway advised anyone who thinks their job might be at risk of automation to…
The Ernst & Young (EY) Ignite Learning Week in May offered employees at the consulting and strategy firm a chance to upskill by taking online courses like “Conversing with AI, one prompt at a time” and “How strong is your digital brand in the marketplace?” However, a report from The Financial Times revealed an unexpected…
