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IPO MISUSE
US in talks with AI companies for voluntary model standardsThe U.S. government is in advanced talks with AI companies to create voluntary standards for the release of new models, with an announcemen...- Claude Fable 5 & Mythos 5: Key highlights from Anthropic’s latest launchAnthropic has launched Claude Fable 5, its most capable publicly available AI model, excelling in complex tasks and benchmarks. Alongside i...
- UK lawmaker Jess Asato says she is suing Elon Musk's company over fake Grok bikini imagesA British lawmaker said she is suing Elon Musk's company xAI. Jess Asato alleges the Grok chatbot created fake images of her without consen...
- British lawmaker sues Musk's xAI over sexualised Grok imagesGrok, distributed through Musk's social media platform X, is currently subject to regulatory probes in several countries after an outcry ea...
- Peak XV rejigs Surge; Digital lenders power through slowdownHappy Monday! Peak XV Partners is rebooting Surge after executive exits and a broader strategy reset. This and more in today’s ETtech Morni...
- Udaan’s pre-IPO top-up; Tata’s Assam chip hub test runHappy Monday! Udaan is in talks to raise fresh funds amid IPO talks. This and more in today's ETtech Morning Dispatch.
- Nykaa, Honasa Consumer profits pop; Viral 'Cockroach Party' curbed on XNew-age companies Nykaa and Honasa Consumer posted multifold jumps in their quarterly profit. This and more in today’s ETtech Top 5.
- Courtroom clash starts today: Elon Musk takes on Sam Altman — what’s at stake in the OpenAI lawsuitElon Musk vs Sam Altman court case: what’s at stake in the OpenAI lawsuit - The Musk vs Altman trial over OpenAI nonprofit conversion begin...
- Sebi chairperson flags misuse of SME frameworkSebi chairperson Tuhin Kanta Pandey highlighted concerns regarding the misuse of SME regulatory relaxations. Instances of fund diversion to...
- Droneacharya’s IPO under scanner: Sebi bars company, promoters from markets, slaps Rs 50 lakh penaltySebi has barred Droneacharya Aerial Innovations and its promoters from the markets for two years after finding misuse of IPO proceeds, infl...
- An SME busted for fund misuse puts 20 more IPOs managed by the same lead manager under scannerSecurities and Exchange Board of India is investigating misuse of Initial Public Offering funds in Small and Medium Enterprises. This follo...
- Sebi board approves stricter rules for SME market, including financial stability before IPOsSebi has tightened SME IPO norms, mandating a minimum operating profit and restricting selling shareholders' offloading to 50%. These measu...
- SME IPOs: Why tighter norms are needed for merchant bankers & social media, says Ashvin ParekhAshvin Parekh highlights the critical need for enhanced regulations and transparency in India's SME IPO market. He emphasizes the roles of ...
- NSE imposes price control cap of 90% on SME IPOs amid froth concerns"To standardize the opening price discovery/ equilibrium price across exchanges during special pre-open session for initial public offer (I...
- NSE awaits Sebi's green signal to begin IPO processIts rival BSE (formerly Bombay Stock Exchange) launched its initial public offering (IPO) in 2017 and is currently listed on both exchanges...
- Sebi examining NSE's request for its IPO, says Ajay TyagiThe entire IPO would be an OFS, wherein existing shareholders would sell the bourse's shares.
- Micromax, Pride Hotels, Betul Oil, Tara Jewels develop cold feet over IPO, let issue deadline passMicromax Mobiles, Pride Hotels, Betul Oil and Tara Jewels - whose one-year deadline to launch their initial public offerings ended in Janua...
- Ministry examining ways to prevent IPO fund misuse: KhurshidSalman Khurshid said his ministry is studying ways to prevent over-pricing of initial public offers and monitoring the end use of funds rai...
- Austral Coke hits lower circuit as SEBI cracks whipThe metallurgical-coke maker's board was set to meet on Sep. 3 to consider raising up to $200 million through a share sale to institutional...
- Cos may get to list within 7 days after IPO closureMarket regulator SEBI is trying to reduce the time period between the closing of an initial public offer (IPO) and its listing on the excha...
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