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OpenAI’s board has not yet received a formal bid from an Elon Musk-led consortium, although a lawyer for the billionaire said the offer had been sent to OpenAI’s outside counsel.A day after Musk publicised a bid to offer $97.4 billion (roughly Rs. 8,45,581 crore) to buy the nonprofit that controls ChatGPT maker OpenAI, the two sides were still at odds over what exactly happened to the formal bid. OpenAI’s board of directors has not yet received a formal bid from Musk’s group, a source familiar with the matter told Reuters on Tuesday, adding to the confusion over the unsolicited attempt to…
Epsilon Bidco Pte. Ltd., the promoter entity of EPL, has signed share purchase agreements to sell another 24.9% stake in the company, this time to Indorama Netherlands B.V., EPL’s exchange filing stated on Monday, February 24.CompanyValueChange%ChangeIndorama will purchase 7.94 crore shares or 24.9% of the total equity at a price of ₹240 per share, which is almost at par with EPL’s closing price on Friday.The total consideration for this transaction is ₹1,907 crore. Indorama will become a minority shareholder in EPL post this transaction. Based on this transaction, Indorama will be entitled to appoint one nominee director on the board…
The star-studded night of the 31st Annual Screen Actors Guild (SAG) Awards has wrapped up and what a show it was! Los Angeles had one of the biggest events, where movies, dramas, stars, and everyone involved in the entertainment industry was awarded for their outstanding work. Here is the complete winner’s list of the Sag Awards 2025:Outstanding Performance by a Male Actor in a Leading RoleADRIEN BRODY / László Tóth – ‘THE BRUTALIST’TIMOTHÉE CHALAMET / Bob Dylan – ‘A COMPLETE UNKNOWN’ – WINNERDANIEL CRAIG / William Lee – ‘QUEER’COLMAN DOMINGO / Divine G – ‘SING SING’RALPH FIENNES / Lawrence –…
Google I/O 2025, the company’s developer-focused conference, is confirmed to be held on May 20 and 21. The tech giant’s annual event will be hosted at the Shoreline Amphitheater in Mountain View, California. Google has opened registration for the event, which will be held both offline as well as online via live streams. The event typically consists of hardware and software announcements, developer-focused demonstrations and technical sessions, as well as workshops and networking opportunities. Android 16 and Gemini-related announcements are expected during the event.Google I/O 2025: What to ExpectIn a blog post, the Mountain View-based tech giant confirmed that Google…
Motilal Oswal Mutual Fund has launched the Motilal Oswal Active Momentum Fund on Monday (February 24). This fund follows a momentum-based strategy, aiming to generate long-term capital appreciation by investing in stocks that have shown strong recent price trends.Index Fund CornerSponsoredScheme Name1-Year ReturnInvest NowFund CategoryExpense RatioAxis Nifty 50 Index Fund+32.80%Invest NowEquity: Large Cap0.12%Axis Nifty 100 Index Fund+38.59%Invest NowEquity: Large Cap0.21%Axis Nifty Next 50 Index Fund+71.83%Invest NowEquity: Large Cap0.25%Axis Nifty 500 Index Fund–Invest NowEquity: Flexi Cap0.10%Axis Nifty Midcap 50 Index Fund+46.03%Invest NowEquity: Mid Cap0.28%What is a momentum fund?Momentum funds follow a factor-based investing approach, selecting stocks that have demonstrated strong price…
Realme GT 6T was introduced in India in May 2024. A successor to the handset will likely launch soon as per a new report. The company is said to be working on a new smartphone which could carry the moniker Realme GT 7T. The report also suggests some of the key features of the handset including RAM and connectivity options. The launch timeline of the rumoured smartphone has yet to be revealed. More details about the purported Realme GT 7T may likely surface online over the next few days.Realme GT 7T Under DevelopmentAccording to a 91Mobiles report, the Realme GT 7T…
Mirae Asset Mutual Fund has launched two new exchange-traded funds (ETFs) on Monday (February 24). The funds aim to track BSE indices and provide investors with diversified equity exposure.Index Fund CornerSponsoredScheme Name1-Year ReturnInvest NowFund CategoryExpense RatioAxis Nifty 50 Index Fund+32.80%Invest NowEquity: Large Cap0.12%Axis Nifty 100 Index Fund+38.59%Invest NowEquity: Large Cap0.21%Axis Nifty Next 50 Index Fund+71.83%Invest NowEquity: Large Cap0.25%Axis Nifty 500 Index Fund–Invest NowEquity: Flexi Cap0.10%Axis Nifty Midcap 50 Index Fund+46.03%Invest NowEquity: Mid Cap0.28%Mirae Asset BSE 200 Equal Weight ETFThis ETF aims to replicate the performance of the BSE 200 Equal Weight Index, subject to tracking error. It follows an equal-weighted…
Kylie Jenner, the reality star, has had Timothee Chalamet take her breath away, and she wouldn’t want it any other way. Jenner has worn her heart on her sleeve and is doing everything she can to be with him.According to Life & Style, the source suggests that she wants to get officially married to him, and even an elopement would suffice. The insider revealed, “Kylie swears she’s never been in love like this before, they connect in every way, and she’s completely in awe of him. You just have to look at the way her style and even her body…
DeepSeek may face more actions from national regulators in the future, Europe’s privacy watchdog said on Tuesday, underscoring the bloc’s concerns about the rising popularity of the cheap Chinese Artificial Intelligence startup.National privacy regulators discussed DeepSeek at a monthly meeting on Tuesday, after Italy blocked the chatbot over lack of information on its use of personal data and as enforcers in France, the Netherlands, Belgium, Luxembourg and other countries questioned DeepSeek on its data collection practices.”Several DPAs (data protection authorities) have already started actions vis-a-vis DeepSeek and there may be further actions in the future,” a spokesperson for the European…
With more oil flooding markets, energy prices likely to come down globally, says Hardeep Puri
Union Petroleum and Natural Gas Minister Hardeep S Puri has said with more oil coming up in the global market including from the USA, energy prices are likely to come down which would help tame inflation.Addressing a press conference, exuding confidence that India has established contacts with the new US administration led by President Donald Trump, Puri said the Indo-American relationship on the energy front will deepen.According to him India imports oil from as many as 40 countries, including Argentina and since there is enough oil in the world, even oil producing nations which are implementing cutbacks will be compelled…