Microsoft to invest more in ChatGPT-maker OpenAI as tech race heats up

Microsoft announced on Monday that it would invest more in OpenAI, staking its future on the startup and technology that created the ChatGPT chatbot phenomenon and paving the way for…

Spotify to trim 6% of workforce, content head to depart

Music streaming firm Spotify Technology said on Monday it plans to cut 6 per cent of its workforce, or roughly 600 jobs, adding to a glut of layoffs in the technology sector…

‘We missed good opportunities like OYO’: India Quotient’s Anand Lunia talks hits, misses and bold bets

Anand Lunia needs no introduction in the Indian venture capital (VC) ecosystem. Known for his contrarian bets and an India-first investment approach, the Founding Partner of India Quotient (IQ) has…

Maruti Suzuki investigations: Company Chairman R.C. Bhargava breaks silence; here’s what he said

Maruti Suzuki has a whistleblower policy and any complaint received is duly investigated, the company’s Chairman, and veteran of the auto industry, R.C Bhargava told exclusively to Business Today TV.…

Gautam Adani says Adani Enterprises’ Rs 20,000-cr FPO is ‘aligned with India’s growth story’

Ahead of Adani Enterprises’ Rs 20,000-crore follow-on public offer (FPO), Adani Group Chairman Gautam Adani said the company’s strongest growth is still ahead. He said the mega FPO is part of…

Colocation case: SAT relief for NSE, to pay Rs 100 cr to Sebi

India’s appeals tribunal on Monday set aside a ruling by the Securities and Exchange Board of India (SEBI) against the National Stock Exchange in a colocation case, lawyers representing the…

Vistara reports first-ever profit in October-December quarter

Vistara, a joint venture of Tata Sons and Singapore Airlines, on Monday reported its first-ever quarterly profit (excluding unrealised foreign currency loss and non-operating income) for the quarter that ended…

Parakram Diwas 2023: PM Modi names 21 largest unnamed islands of Andaman & Nicobar islands; check details

Twenty-one large unnamed islands of Andaman & Nicobar Islands were named after Param Vir Chakra awardees in a ceremony attended by Prime Minister Narendra Modi on the occasion of Parakram…

‘Why fire people? Founders should take pay-cuts’: Ashneer Grover wades into layoff controversy

Former BharatPe MD and the mercurial Shark Tank India season 1 judge Ashneer Grover has said today that he has never had to fire people because of bad markets since…

Maruti Suzuki probing some execs over allegations of wrongdoing: Report

Maruti Suzuki is reportedly investigating allegations of wrongdoing by some company executives from the purchase department. The investigations come amid allegations by a whistleblower. As per reports, KPMG has been…