Media and entertainment companies need to make radical moves to survive: Accenture report

New Delhi: IT services and consulting company Accenture on Tuesday announced the launch of its new “Media Thrive Index,” aimed at assessing the ability of media and entertainment companies’ ability to succeed in and industry that is getting increasingly challenging. “While the media industry is growing, the industry players are not. This essentially means that […]

Market extend losses on widespread selling amid Israel-Iran tensions

New Delhi: Stock market extended losses for the second consecutive session on Monday on wide-spread selling amid Israel and Iran tensions. The losses were weighed on investors’ risk appetite who will also closely track March quarter results at home. Sensex was down 845.12 points, or 1.14 per cent, at 73,399.78, and the Nifty was down […]

ChatGPT is now more direct and less verbose in its responses: OpenAI

New Delhi: Sam Altman-run OpenAI on Friday said it has made its AI chatbot called ChatGPT more direct and less verbose. In a post on X social media platform, the company said its new GPT-4 Turbo model is now available to paid ChatGPT users. “We’ve improved capabilities in writing, math, logical reasoning, and coding,” said […]

AI candidate could win US elections in 2032: Elon Musk

New Delhi: Artificial Intelligence (AI) will lead the US Presidential elections in 2032, said Tesla and SpaceX CEO Elon Musk. He said this on Saturday at the 10th annual Breakthrough Prize ceremony — the world’s largest science award for major advances in fundamental physics, life sciences, and mathematics. The Press asked the tech billionaire, who […]

Panasonic unveils new AC range in J&K

Srinagar: Panasonic Life Solutions India (PLSIND) – a leading diversified technology company, today, announced its 2024 line-up of new air conditioners in the Jammu & Kashmir market. Featuring 60 models from a wide range of 1.0, 1.5 and 2.0-tons models, the latest range of air conditioners are now available across all major retail outlets, e-commerce […]

Market valuation of 7 most valued firms climb Rs 59,404 cr

Bharti Airtel, ICICI Bank lead gainers New Delhi: The combined market valuation of seven of the ten most valued firms climbed Rs 59,404.85 crore in a holiday-shortened last week, with Bharti Airtel and ICICI Bank emerging as the biggest gainers. Stock markets were closed on Thursday on account of Eid-Ul-Fitr. Last week, Sensex dipped marginally […]

LIC sees 59% jump in value of investments in Adani stocks

New Delhi: LIC, the state-owned insurance behemoth, has seen a 59 per cent rise in value of its investments in Adani group companies in 2023-24 fiscal year after the conglomerate made a smart recovery since being hammered by a damning short seller report. The value of LIC’s investment in seven Adani group companies has soared […]

Govt directs e-commerce firms to remove drinks, beverages from ‘health drinks’ category

New Delhi: On April 2, food safety standards regulator FSSAI directed all e-commerce food business operators (FBOs) to ensure appropriate categorisation of food products being sold on their websites. (Photo source: Twitter/ Bournvita India)The Commerce and Industry Ministry said that all e-commerce companies/portals are advised to remove drinks and beverages, including Bournvita, from the category […]

Govt funding needed to test new products in communications sector: TRAI

New Delhi: The Telecom Regulatory Authority of India (TRAI) has proposed that the government should provide funding for testing new products in the communications sector as some innovations can potentially bridge the digital divide. The proposal was a part of the recommendations released by the TRAI aimed at fostering innovation in the digital communications sector […]

Oil prices turn higher as Middle East ceasefire hopes wane

New Delhi: Oil prices rose on Tuesday after hopes diminished that negotiations between Israel and Hamas would lead to a ceasefire in Gaza amid concerns the lingering conflict could potentially disrupt supply from the key Middle East producing region. Brent crude futures rose 14 cents to $90.52 a barrel by 0610 GMT. U.S. West Texas […]