It appears that SoftBank, a Japanese conglomerate and technology investor, is planning to sell small stakes in Paytm and Zomato in the open market. The objective behind this move is to capitalize on the recent rally in the stocks and book profits. SoftBank had initially purchased shares in Paytm at around Rs 830-840 per share …
Accenture, a leading global professional services company, has announced plans to invest $3 billion in artificial intelligence (AI) initiatives. The investment aims to accelerate clients’ digital transformation and help them reinvent their operations. The investment will be spread over a period of time, although specific details regarding the timeline are not provided. The focus of …
In an effort to combat the growing problem of fake reviews, Amazon has implemented an artificial intelligence (AI) system to detect and remove fraudulent product reviews on its platform. This move comes as part of Amazon’s ongoing commitment to maintaining the integrity of its customer reviews and providing reliable information to shoppers. This report delves …
That’s great news! Reliance Industries, led by Mukesh Ambani, has climbed 8 spots to secure the 45th rank on Forbes’ Global 2000 list. The Global 2000 list is an annual ranking of the world’s largest and most powerful public companies based on various metrics such as revenue, profit, assets, and market value. Reliance Industries’ ascent …
ZEE refers to Zee Entertainment Enterprises Ltd, one of India’s leading media and entertainment companies. SEBI stands for the Securities and Exchange Board of India, the regulatory body overseeing the securities market in the country. The promoters and controversies surrounding ZEE can be likened to Siamese twins due to the close connection between them. Promoters …