Mira Murati is the new interim CEO and CTO of OpenAI, a research organization that aims to create and ensure the safe and beneficial use of artificial intelligence. She is also one of the leading developers of ChatGPT, a conversational chatbot that can generate realistic and engaging texts on various topics. Murati was born in … Read more
The Burman duo – Dabur Group Chairman Mohit V. Burman and Director Gaurav V. Burman – has been listed in an FIR lodged by Mumbai Police in the Mahadev betting app case. It also includes Bollywood actor Sahil Khan and 28 other accused, ANI reported. However, Dabur issued an official statement and rejected any such … Read more
Two Aprils ago, the UK’s prime minister promised he would deliver a free-trade agreement with India “by Diwali.” That prime minister, Boris Johnson, left office a few months later and 2022’s iteration of the Indian Festival of Lights passed without anything being signed. Since then, another Diwali (and another British prime minister) has come and … Read more
Eris is acquiring Dermatology and Nephrology branded formulations business units of Biocon Biologics (BBL), a subsidiary of Biocon Limited. The transaction is a Slump Sale Revenues of the acquired businesses for FY 2022-23 was Rs. 90 Cr and Net Worth was Rs. 25 Cr as at March 31, 2023 Transaction value is Rs 366 cr, … Read more
The Company has announced – Up to 1,25,00,000 (One crore twenty five lakhs) fully convertible equity warrants convertible into equivalent number of Equity Shares of the Company having face value of Rs. 10/- each, at a Premium of Rs 35/- per Warrant, aggregating up to Rs. 56.25 cr 25% of the consideration shall be payable … Read more
Acquiring grounded aircraft in India remains a significant challenge, said two senior executives of the Challenge Group, which recently got court approval to acquire three wide-body aircraft of grounded Jet Airways after a delay of more than a year. “Unfortunately, it’s already been two years. It’s a very long period and the process has created … Read more