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OpenAI's Sam Altman Says AI Benefits Warrant Accepting Some Risks
Sam Altman's remarks come amid a growing debate within the AI industry over the pace of development and the risks posed by increasingly capable systems.
Bajaj Finance shares jump 5% after Q2 business update. Why Jefferies sees 35% upside in its top pick?
Bajaj Finance shares rose sharply on Monday after the NBFC reported 26.5% YoY growth in Q2 FY27 AUM to nearly Rs 5.85 lakh crore. Jefferies retained its Buy rating and Rs 1,280 target price, implying 35% upside, and reaffirmed Bajaj Finance as a top pick, citing strong AUM growth.
Global Market: Euro hits 17-month low as French fiscal worries boost dollar
The euro fell to a 17-month low as concerns over France’s fiscal outlook and bond-market selloff weighed on sentiment. The dollar strengthened despite weak US jobs data, supported by elevated Treasury yields and safe-haven demand. Diverging central-bank expectations and persistent bond volatility are likely to keep…
LinkedIn cofounder Reid Hoffman wants Americans to stop 'hating' datacentres
Reid Hoffman argues that significant investments in AI infrastructure are crucial for the U.S. economy. He emphasizes that this spending supports various local jobs beyond the tech industry. Hoffman notes that the economic benefits extend to communities hosting data centers, which should collaborate with developers.…
Schneider Electric in advanced talks to buy US-based software firm PTC for roughly $20 billion: What we know
France-based Schneider Electric is in advanced talks to acquire US software company PTC for nearly $20 billion. The deal would be Schneider’s largest acquisition, strengthening its industrial software portfolio as it expands through acquisitions and benefits from the AI data centre boom.
Sigma Box Office Collection Day 3: Vijay's Son Jason Sanjay's Directorial Debut Falls Flat
The film, which stars Sundeep Kishan and Faria Abdullah in the lead roles, has earned Rs 5.35 crore nett in India after three days. Its India gross collection stands at Rs 6.10 crore
V2 Retail shares plunge 19% after Q2 business update | What lies ahead for investors?
V2 Retail shares fell over 19% on October 5 after reporting Q2 FY27 results, with a 28.4% revenue increase but lower same-store sales growth. The company continues to focus on expanding its store network in Tier 2 and Tier 3 markets across India.
BOJ says AI boom may have eased financial conditions, warns of market risks
Bank of Japan Deputy Governor Shinichi Uchida said the global AI boom may have eased financial conditions by stoking demand and boosting asset prices, but warned of the risk of a market pullback if expected profits fail to materialize.
Yes Bank shares rise 3% after Q2 business update shows loans surging 24% YoY, deposits up 20%
Yes Bank shares rose after the lender reported a 23.8% YoY growth in loans and advances to around Rs 3.1 lakh crore in Q2 FY27. Deposits also grew nearly 20% YoY, signalling continued business momentum.
HDFC Bank shares rise 2% after appointing Anup Bagchi as new CEO, Q2 biz update. Buy, sell or hold?
HDFC Bank shares rose after Anup Bagchi was appointed as the bank’s new MD & CEO, ending months of uncertainty over its top leadership. Brokerages Jefferies, Morgan Stanley and Citi retained positive ratings on the stock, citing clarity on succession and potential for a re-rating. The bank also reported strong loan…
Watch: Uruguay footballers play cricket at Eden Gardens ahead of Kolkata friendly
Uruguay’s football team explored Kolkata ahead of its October 6 friendly against India. The two-time World Cup champions visited Victoria Memorial and St Paul’s Cathedral and also tried cricket at Eden Gardens. The venue holds historical significance, as Uruguay won the 1982 Nehru Cup there. The squad, coached by…
Stock market today: Sensex up 472 points, Nifty Bank up 263 points; HDFC Bank, RIL, ITC, Bajaj Finance shares gain
Stock market Opening Bell Today: The BSE Sensex gained 472 points, while the Bank Nifty index extended its morning gains and finished 263 points higher