Dubai’s NB Venture to float fund with Blume Partners

The target size of the fund is around $50 million

‘Made in India’ steel exports set for roll-out as steel mills come on-board

Labelling and branding will ensure that standardised products are offered by all ISPs: Union Minister Jyotiraditya Scindia

SAIL initiates deleveraging ahead of ₹1-lakh-cr capex, modernisation

SAIL plans 10-12 per cent debt reduction at ₹22,000 crore

IIL launches measles, rubella vaccine for children

The live attenuated MR vaccine has been developed in partnership with Polyvac Institute, Vietnam

Mastercard and U GRO Capital join hands to support small businesses

Partnership to help drive financial inclusion for small businesses across India

Altman is back at OpenAI, but questions remain as to why he was fired in first place

Altman had been fired Friday after clashing with the board over his drive to transform OpenAI from a nonprofit organisation focused on the scientific exploration of artificial intelligence into a business

Tata Technologies IPO issue price set at ₹500 a share

Tata Technologies has 12,451 employees with a revenue of ₹25.23 billion in 6MFY24. 88 per cent of the revenue comes from the automotive segment which has seen a 41 per cent CAGR growth between 2021-2023

IL&FS invites bids for its stake in Tamil Nadu power unit

As a part of IL&FS resolution framework, ITPCL has recently restructured its outstanding debt with lenders approval and is in process of filing NCLAT application for conversion from Amber to Green Category company

OpenAI researchers warned board of AI breakthrough ahead of CEO ouster: sources

Altman led efforts to make ChatGPT one of the fastest growing software applications in history and drew investment – and computing resources – necessary from Microsoft to get closer to superintelligence, or AGI

Organic grocery retailer The Organic World to have 100 stores by 2025

The company’s expansion plans include investing in company-owned stores and exploring the franchise model, ensuring that organic choices are accessible to a broader audience, and fostering a healthier and more sustainable way of living