Tuesday, 21 Nov, 2023
The initial public offering (IPO) market is red hot, with five issues worth ₹7,400 crore opening for subscription this week, but enthusiasm is muted among finance companies that have historically lent to bidders in such share sales.
OpenAI co founder Sam Altman is joining Microsoft as the head of a new AI research group while ex-Twitch boss Emmett Shear is set to take over as the interim CEO of the ChatGPT maker, in a surprise turn of events for the startup at the heart of an artificial intelligence boom.
Sales of commercial vehicles, a barometer of economic activity, are expected to hit an all-time high in FY24, fetching record revenue for companies such as Tata Motors, Ashok Leyland and VE Commercial Vehicles.
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