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Why Demis Hassabis sold DeepMind to Google in 2014: Needed $7 billion but could 'barely raise $10 million'

New Delhi, July 27 -- Current Google AI CEO Demis Hassabis is also the co-founder of DeepMind, and he gave an honest account of why he sold DeepMind to Google in 2014. According to a Times of India re... Read More


AI intensifies pricing war among IT services firms

Bengaluru, July 27 -- At a time when India's $300-billion information technology (IT) services industry grapples with slowing growth, it is discovering that the biggest immediate impact of artificial ... Read More


Jindal Steel acknowledges leadership churn, banks on new hires for stability

Mumbai, July 27 -- Jindal Steel Ltd's new managing director (MD), Vidya Rattan Sharma, acknowledged that frequent top-management exits at the Naveen Jindal-led company have become a cause of concern a... Read More


Lodha Developers plans to raise Rs.9,000 cr by selling Palava land to hyperscalers

Bengaluru, July 27 -- Lodha Developers Ltd, which has 660 acres earmarked for constructing data centres in suburban Mumbai's Palava, plans to raise Rs.9,000 crore by selling 150 acres, said its managi... Read More


Lodha Developers plans to raise Rs.9,000 by selling Palava land to hyperscalers

Bengaluru, July 27 -- Lodha Developers Ltd, which has 660 acres earmarked for constructing data centres in suburban Mumbai's Palava, plans to raise Rs.9,000 crore by selling 150 acres, said its managi... Read More


Different fund categories, same stocks? These equity mutual funds have up to 79.4% portfolio overlap

New Delhi, July 27 -- Many investors diversify their equity mutual fund investments across categories such as flexi cap, large & mid cap, multi cap, and large cap funds. However, investing in differen... Read More


ITR filings cross 40 million mark as 31 July deadline nears

New Delhi, July 27 -- Income tax returns (ITRs) filed for assessment year (AY) 2026-27 crossed the 40 million mark on 26 July, with more than 2 million returns filed in the past five days alone, as in... Read More


Who is Harsh Tokas? 23-year-old from Delhi chases India's first judo gold medal at Commonwealth Games on debut

New Delhi, July 27 -- Harsh Tokas was always drawn towards combat sports since childhood. Having discovered the sport at the age of 10 after joining a free academy in Delhi's Munirka around 2014, Toka... Read More


Rhiya Yadav, viral face of Mumbai NEET protest, files FIR over online harassment: 'As a woman, I want to..'

New Delhi, July 27 -- Model Rhiya Yadav, who gained widespread attention after standing in front of a police van transporting protesters during the NEET paper leak demonstration in Mumbai, has approac... Read More


HDFC Bank CEO, MD, CFO get warning letters, Rs.1 lakh penalty for 'business overreach' in MSRDC deposits

New Delhi, July 27 -- HDFC Bank in a filing with the exchanges today stated that its internal review showed that employees were involved in "business overreach" in regard to Maharashtra State Road Dev... Read More