NEW DELHI: The poor financial health of state electricity boards could pose significant business risks for power traders in the country, says rating agency Fitch. In a report released today, Fitch Ratings said the credit risk of power traders has become “riskier” due to profitability and liquidity constraints faced by state power utilities. “If these […]
The Solana blockchain recorded its strongest performance yet in the realm of consumer payment cards. Top-up volumes linked to crypto cards built on the network reached an unprecedented peak in May, climbing to $94.32 million. This figure marks the highest monthly total observed for such activity on Solana and underscores growing real-world usage of the […]
Vehicle drives into crowd at Berlin Pride festival, causing injuries, police say
The stocks of DB Realty and Unitech rose after top executives of these companies were granted bail in the 2G scam case. The DB Realty stock has risen 40%, while Unitech gained 4%. However, some of the intrinsic problems which plague these companies, and uncertainty over the outcome of the 2G scam case may prevent […]
In November 2022, OpenAI released GPT-3.5. This was a watershed moment, as the chatbot amassed 100 million monthly active users in just two months. This kicked off the artificial intelligence (AI) cycle. Companies involved in this technological shift have generally been rewarded by the market with huge returns. And given that Nvidia‘s management predicts $3 […]
In today’s fast-paced environment, managing your organization’s reputation is more critical than ever. Cybersecurity threats are rising, and executives often overlook reputational risks. You need to prioritize advanced risk management strategies and guarantee your budget covers potential crises. Explore essential tools like Sprout Social and Erase.com to streamline your efforts. Understanding these updates will help […]
MUMBAI: Alfa Laval (India), a subsidiary of Sweden-based Alfa Laval Corporate AB, today said its parent firm has raised the delisting offer price to Rs 2,850 a share. In a filing with the BSE, Alfa Laval India said its parent company increased the delisting offer price after “considering the prevailing market conditions and with a […]
From journalist to CEO to PM: Han Seong-sook breaks barriers to lead Korea’s AI revolution. The National Assembly — South Korea’s parliament — has confirmed former Naver CEO Han Seong-sook as the country’s new prime minister. The 59-year-old will be only the second woman to hold the position in South Korea. The first female prime […]
Students are forging intergenerational bonds while planning game nights and teaching gym classes, but “by 7:30 or 8, things get pretty quiet here.”
The semiconductor industry is notorious for going through boom-and-bust cycles, but Nvidia CEO Jensen Huang doesn’t think a downturn is imminent, although he echoed reasoning that’s been used to justify past bubbles. After chip stocks soared on the AI frenzy, they have sold off hard in recent weeks amid renewed fears about the sustainability of […]