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A LETTER OF CREDIT
TCS-OpenAI deal takes shape; Paytm's AI betTCS has secured land in Vizag and Pune that could host OpenAI's first data centres in India. This and more in today's ETtech Top 5.
Warren Buffett, with a $147 billion net worth, says he may be 'one of the 10 luckiest people in the world'—reveals what worked in his favourWarren Buffett credits luck and opportune circumstances for his extraordinary financial success. He believes being born in the United State...
Phrase of the day by Hubert H. Humphrey, 'The greatest gift of life is friendship, and I have received it' offers inspiring motivational quote on true camaraderie, shows psychology of real friends who stand by during the toughest phasePhrase of the day by Hubert H. Humphrey offers timeless words of wisdom remain as inspiring today as when they were first spoken. The iconi...
Seoul Semicon’s India plans; Specialty healthcare attracts VCsSouth Korea's Seoul Semiconductor is planning a manufacturing foray in India. This and more in today's ETtech Top 5.
AI is reshaping hiring, making evidence-based verification more critical: Millow's Karan BhattyAI is revolutionising Indian hiring by enhancing candidate preparation and employer verification processes. Companies now prioritise eviden...
As defaults on student loans surge, millions are trying to get their lives back on trackMillions of Americans face student loan defaults after pandemic relief ended. Borrowers like Ashley Dreahn and Barbara Howaniec struggle wi...
Accounting fraud: Every time, the same queue. The company, the auditor, and shareholders at the endBy the time a “going-concern” paragraph appears in an audit report, the trouble is usually several quarters old. The earlier signals are el...
Is RBI asking people to pay Rs 7,500 in tax to get Rs 1 lakh payment? Here’s the truthA fake Reserve Bank of India letter is misleading people about pending payments. It falsely claims a Rs 1 lakh payment is on hold due to tr...
WeWork India Management shares slide 5%; Q1 loss narrows, revenue jumps 27% YoYWeWork India reported a narrowed net loss of Rs 4.31 crore for Q1FY27. Revenue from operations increased 27.74% year-on-year to Rs 683.83 c...
Warren Buffett said Berkshire Hathaway would be worth half without this company – although it kept shrinkingWarren Buffett once told his shareholders that without one particular acquisition, Berkshire Hathaway “would be lucky to be worth half of w...
Tata Motors flags concerns on CAFE II credit proposalTata Motors has raised concerns regarding the government's proposed direct credit sales by the Bureau of Energy Efficiency. The automaker b...
Govt's revamped chip push; Emergent turns unicornThe Union Cabinet has cleared the India Semiconductor Mission (ISM) 2.0 to boost domestic chip manufacturing. This and more in today's ETte...
Tata Motors PV flags concern over proposed direct credit buys from BEE in CAFE II shiftsTata Motors has voiced concerns regarding a government proposal on CAFE II compliance credits. The company believes allowing direct credit ...
ED sends letters rogatory abroad, seeks info on foreign operativesThe Enforcement Directorate is investigating a sophisticated transnational cyber fraud network. This syndicate used mule bank accounts and ...
HDFC Bank MD: Chakraborty's abrupt exit a 'challenging event' that raised governance questionsHDFC Bank MD Sashidhar Jagdishan addressed chairman Atanu Chakraborty's resignation and governance questions. External law firms reviewed C...
US SEC removes legal obstacle to UBS' crisis-resolution planThe U.S. SEC cleared a key legal hurdle for UBS by allowing potential debt-to-equity conversions under its crisis-resolution plan without e...
RBI approves Mahesh M Pai as new MD at South Indian BankMahesh Muralidhar Pai will become South Indian Bank's new MD and CEO. The Reserve Bank of India approved his appointment, effective October...