BUSINESS
Goyal pushes for resilient supply chains at G7 meeting in Osaka
Goyal said that the Covid-19 pandemic and the geopolitical events highlighted the vulnerabilities of the existing supply chains leading to an increase in commodity prices and global inflation.
Google to invest $2 bn in OpenAI's rival AI company Anthropic: Report
The funding deal involves $500 million now and up to $1.5 billion later, reports The Wall Street Journal.
India holds trade talks with Japan, UK on sidelines of G-7 meet in Osaka
Held a meeting with @Nishy03 , Minister of Economy, Trade and Industry, Japan, on the sidelines of the G7 Trade Ministers' Meeting in Osaka.
IMC 2023: Showcasing India’s transformational role in telecoms
The IMC, jointly organised by the Department of Telecommunications (DoT) and the Cellular Operators Association of India (COAI), has brought together the leading minds across policy and corporate landscape from India and elsewhere.
Several interested, but nothing finalised with regard to Ford India's Chennai plant
Ford India is looking out for a buyer for its Chennai plant after it shut down Indian manufacturing operations here and in Gujarat.
US lawsuit accuses Abercrombie Fitch of funding sextrafficking operation
The company allowed ex-CEO Mike Jeffries "unfettered access" to resources to support his "criminal enterprise", documents allege.
FPI selling has impacted financial services, IT segment more than others
In October, FPIs have sold equity for Rs 20356 crore. The selling through exchanges has been higher at Rs 25575 crores, he said.
Rs 20 cr extortion-cum-death threat email to tycoon Mukesh Ambani
The email demanding Rs 20-crore threatens to shoot Ambani, 66, if he fails to cough out the amount. A company source, while confirming the development, declined to comment saying that the police are probing the matter. A complaint has been registered by the Gamdevi Police Station and investigations are launched into the antecedents of the email threat-given.
Did not defraud anyone or take customers' funds: FTX’s Sam Bankman-Fried
Bankman-Fried sat on the stand, this time in front of a jury, in the Manhattan federal court late on Friday. He is facing trial for seven charges related to fraud and money laundering. According to a TechCrunch report, when asked by his lawyer, Mark Cohen, whether he defrauded or took customer funds, Bankman-Fried said, “No, I did not.”
BPCL bounces back with Rs 8,501cr profit in July-Sep quarter
The public sector giant has also clocked his highest ever half-yearly profit of Rs 19,052 crore.
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