The FinTech Hub
Source: Live Mint While this is the obvious part, beneath the surface, the bigger fight is also about controlling all streams of user data, including those from search engines and social media, which can help big tech companies such as Google, OpenAI, Microsoft, Meta, Nvidia and Elon Musk’s xAI build the world’s most powerful artificial…
Source: Live Mint Some income taxpayers have reportedly received notices under section 148, which is related to the reopening of assessments for the assessment years 2014-15, 2015-16, 2016-17 and 2017-18. A former president of the Institute of Chartered Accountants of India ((ICAI), the chartered accountants’ professional body, believes that these tax notices are wrongly sent…
Source: Live Mint Dividend Stocks: Shares of several major companies, including Vedanta Ltd, Gujarat Gas, Harsha Engineering, Lumax Industries, MSTC, and General Insurance Corporation of India, among others, will trade ex-dividend from Monday, September 9, according to data collected from the Bombay Stock Exchange (BSE) website. As per the BSE data, some companies have announced…
Source: Live Mint Mr Pichai is not alone. New Street Research, a firm of analysts, estimates that Alphabet, Amazon, Meta and Microsoft will together splurge $104bn on building AI data centres this year. Add in spending by smaller tech firms and other industries and the total AI data-centre binge between 2023 and 2027 could reach…
Source: Live Mint In complete contrast to the conventional rules of investing, a recently released Sebi study showed that retail investors sell nearly half of their holdings in initial public offerings (IPOs) within a week. Individual investors sold 50 per cent of the shares allotted to them by value within a week of listing and…
Source: Live Mint Even if that appears appealing, the programme has undergone quite a few changes recently.Mint gives a lowdown on the pros and cons of the Portugal Golden Visa programme. The application process Until recently, real estate investment was a popular route for individuals seeking a Portugal Golden Visa. However, from October 2023, real…
Source: Live Mint New-age tech stocks such as Zomato, Nykaa, Mamaearth, FirstCry, Paytm, Policybazaar, among others, have lately generated a buzzing interest among D-Street investors, especially after significant volatility following their respective initial public offerings (IPOs). D-Street experts say a combination of improved performance, attractive valuations and profitability, strategic growth, and favourable market conditions has…
Source: Live Mint PWC, a professional-services firm, reckons that AI could add almost $16trn to global economic output by around 2030 (compared with 2017). McKinsey, a consulting firm, separately arrived at a similar figure, but now reckons this could rise by another 15-40% because of newer forms of AI such as large language models. Yet…
Source: Live Mint In a market dominated by non-bank financiers, a public bond issued by an Adani group entity is the first from a non-lending company since 2016, when the National Highways Authority of India came out with an issue. A public bond market issue is when a company offers it to retail, or individual,…
Source: Live Mint Edelweiss Mutual Fund’s managing director and chief executive officer (CEO), Radhika Gupta, supported ordinary investing compared to chasing unrealistic gains offered by potential fraudsters in the market waiting to entrap retail investors. Gupta took to her social media profile on platform X and said that investors should stick to “dal-chawal investing” (ordinary…
/cdn.vox-cdn.com/uploads/chorus_asset/file/25334823/STK466_ELECTION_2024_CVirginia_D.jpg?w=400&resize=400,250&ssl=1 "Censorship accusations loom over Big Tech hearing on election threats")