SEBI directs MIIs to establish SOPs for disciplinary actions against KMPs | Stock Market News

SEBI directs MIIs to establish SOPs for disciplinary actions against KMPs | Stock Market News

Source: Live Mint The Securities and Exchange Board of India (Sebi) has issued new directives for Market Infrastructure Institutions (MIIs) to develop internal Standard Operating Procedures (SOPs) for disciplinary actions against Key Managerial Personnel (KMPs) in case of non-compliance with regulatory requirements and internal guidelines. The SOPs must be approved by the Nomination and Remuneration…

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Amazon deepens AI push with  billion in OpenAI challenger Anthropic: All about the deal | Mint

Amazon deepens AI push with $4 billion in OpenAI challenger Anthropic: All about the deal | Mint

Source: Live Mint Amazon is set to invest a further $4 billion in Anthropic, a San Francisco-based artificial intelligence (AI) startup, as major technology firms continue to vie for dominance in the generative AI sector. This latest investment will bring Amazon’s total funding in Anthropic, which began last year, to $8 billion. Despite the substantial…

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