News | inves4: Indian Equity Investing

China beats Elon Musk’s ‘Jesus-level technology’ to launch world’s first commercial brain chip

China has moved ahead of Elon Musk‘s ‘Jesus-level technology’ Neuralink in the race to commercialise brain-computer interface technology, approving what is being described as the world’s first commercially available brain chip after successful clinical trials.The coin-sized implant, called NEO, has become the first surgically implanted brain-computer interface (BCI) device to clear clinical testing for commercial … Read more

From Kan Khajura to corner office: Inside Priya Nair’s high-stakes bet to reshape HUL

HUL, India’s biggest FMCG company, has been underperforming—in the last three years, the company’s shares tanked 20% even as the benchmark NIFTY 50 gained 24% during the same period. What can CEO Priya Nair do to revive the giant? Source link

Why Reid Hoffman is leaving Microsoft’s board for an AI startup?

Reid Hoffman, the venture capitalist and co-founder of LinkedIn, has announced his departure from Microsoft’s board of directors later this year, citing a desire to dedicate his attention to a new artificial intelligence-focused drug-discovery venture. The announcement is a significant shift in Hoffman’s portfolio of responsibilities and marks the end of a seven-year tenure at … Read more

Rupee rallies strongly after RBI announces new measures to attract foreign investors amid Middle East conflict

As widely anticipated, the Reserve Bank left interest rates unchanged for a second consecutive policy meeting. Giving a major boost to the rupee, Reserve Bank of India (RBI) governor Sanjay Malhotra on Friday announced several steps to attract foreign capital at a time when the US-Iran conflict is putting pressure on India’s external sector resilience.The … Read more

Sebi bans Rajesh Exports’ CMD for fin irregularities

Markets regulator Sebi on Wednesday banned Rajesh Mehta, CMD of Rajesh Exports from dealing in the shares of the company till further orders. In its interim order, Sebi also directed Rajesh Exports to cooperate with the regulator’s investigating officer and forensic auditors to look into the books of the company.Sebi’s initial investigations showed that the … Read more

Suzlon’s next growth bet: solar, batteries with a tight grip on capital

Called Suzlon 2.0, this plan also includes resumption of export of wind turbines to Europe after nearly two decades, which the company announced in April. After Europe, the company also has its sights on markets like Australia, Middle East & North Africa, and South America. By 2031, the company wants to book 3 gigawatts of … Read more

SoftBank to Invest Some €75 Billion in AI in France, Reports Say

SoftBank Group Corp. plans to invest as much as €75 billion ($87 billion) to build artificial intelligence data centers in France, La Tribune and the Financial Times reported. The Japanese group is set to invest the first €45 billion to construct two data centers in Le Bosquel and Dunkirk, which will become operational in 2028 … Read more

Policybazaar co-founders look to offload shares worth ₹654 crore in block deal

A total of ₹1.1 trillion has changed hands in open-market trades this year (as of 15 April), up 25% from ₹86,810 crore over the same period a year ago. Secondary market sales have continued to keep bookbuilders busy in May: Lenskart Solutions investors sold around 70 million shares at a 3-4% discount in a deal … Read more

Anthropics valuation surges to $965 billion, surpassing OpenAI

Anthropic said on Thursday it has raised $65 billion at a post-money valuation of $965 billion, as it aims to bolster computing capacity to meet growing demand for chatbot Claude and scale its products. The new valuation after the series H funding round puts Anthropic ahead of OpenAI, last valued at $852 billion post-money in … Read more