Business

[ad_1] Top stocks to buy today (AI image) Top stock market recommendations: According to Aakash K Hindocha, Deputy Vice President – WM Research, Nuvama Professional Clients Group, Zydus Lifesciences, Great Eastern Shipping Company, and Tata Motors are the top buy calls for today. Here’s his view on Nifty, Bank Nifty and the top stock picks…

[ad_1] MUMBAI: Traditional banks are losing ground in the fast-evolving financial services space to agile, tech-driven rivals. Even as overall sector revenues grow, incumbents struggle to hold on to their share, according to Boston Consulting Group’s latest Future of Finance report.“Financial services revenues are growing – but banks are not capturing their fair share,” BCG…

[ad_1] NEW DELHI: National Company Law Appellate Tribunal (NCLAT) on Wednesday declined to stay NCLT order directing to freeze assets of Gensol, its promoters, and related entities. It has directed two Gensol Group entities – BluSmart Premium Feet and Matrix Gas and Renewable – to approach Ahmedabad bench of the National Company Law Tribunal NCLT…

[ad_1] MUMBAI: Aditya Birla Chemicals, a privately held company owned by Kumar Mangalam Birla and his family, is set to acquire a chemical manufacturing facility in the US from agribusiness major Cargill. The facility, spanning 17 acres, is located in Dalton, Georgia. The deal signifies Birla’s continuous expansion in the American manufacturing sector, with investments…

[ad_1] NEW DELHI: Adani Airports Holdings (AAHL) Wednesday said it has raised $750 million via external commercial borrowings from a consortium of international banks. The transaction was led by First Abu Dhabi Bank, Barclays, and Standard Chartered Bank. The company says it will “use the proceeds to refinance existing debt, invest in infrastructure upgrades, and…

[ad_1] PARIS: India has identified the restoration of the dispute settlement mechanism as the first priority for WTO members and called for maintaining special treatment for poor and developing countries.After a meeting of trade ministers here, commerce & industry minister Piyush Goyal also reiterated India’s opposition to bringing plurilateral initiatives such as investment facilitation under…

[ad_1] BENGALURU: Venture capital firm Accel partners Shekhar Kirani and Prayank Swaroop highlighted concerns about Indian AI startups lagging behind global competitors, despite having comparable technical abilities. They cited insufficient urgency and limited global vision as key issues.During a media roundtable on Wednesday, they observed that while India is experiencing an emergence of technically proficient,…

[ad_1] NEW DELHI: In a relief to Reliance Infrastructure, National Company Law Appellate Tribunal (NCLAT) on Wednesday stayed the insolvency proceedings against the company. Reliance Infrastructure in a regulatory filing said that NCLAT suspended the order passed by the NCLT over an appeal filed by it.On May 30, the Mumbai bench of NCLT had admitted…

[ad_1] BANGALURU: Two India-based employees of US BPO TaskUs illegally accessed sensitive information belonging to their client, Coinbase. These staff members were allegedly part of a larger criminal operation targeting Coinbase, which also affected other service providers working with the cryptocurrency exchange. TNN [ad_2] Source link

[ad_1] Nvidia’s newest Blackwell chips have significantly advanced the training of large artificial intelligence systems, dramatically reducing the number of chips needed to train massive language models, new data released Wednesday shows.The results, published by MLCommons, a nonprofit that issues benchmark performance results for AI systems, detail improvements across chips from Nvidia and Advanced Micro…