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OpenAI IPO: ChatGPT maker files paperwork, set to hit Wall Street soon

Silicon Valley giant OpenAI is set to make a debut on Wall Street, as the firm confidentially filed paperwork for an initial public offering (IPO). The firm confidentially filed paperwork for an initial public offering (IPO) with the US Securities and Exchange Commission (SEC).As the filing remains confidential, details such as the number of shares...

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RBI to fully absorb forex risks, inflows may see $50bn boost

MUMBAI: Reserve Bank of India has opened the dollar tap by taking on the currency risk itself to draw in overseas money, while nudging state-owned borrowers to look abroad for cheaper funds.RBI will not charge any premium for swapping dollars raised through foreign currency non-resident bank FCNR(B) deposits, effectively absorbing the entire forex risk and...

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CBSE denies portal glitch, says system fully functional; key questions on OSM review unanswered

NEW DELHI: CBSE on Monday defended the functioning of its post-result services portal, stating that more than 1.6 lakh candidates had submitted requests for verification and re-evaluation between June 2 and June 7 (the window for the purpose), even as several questions regarding the review process and the ongoing On-Screen Marking (OSM) controversy remain unanswered.In...

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Mamata & Abhishek Banerjee in Delhi, TMC mutiny spreads to Parliament

KOLKATA/NEW DELHI: Trinamool Congress lurched towards its biggest rupture in 28 years Monday after rebel MP Kakoli Ghosh Dastidar claimed support of 20 MPs and wrote to Lok Sabha Speaker Om Birla seeking recognition as a separate parliamentary bloc that would back BJP-led NDA.If the numbers hold, rebels would clear the two-thirds threshold needed to...

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‘Don’t expect too much’: Kapil Dev’s warning amid Sooryavanshi hype

Vaibhav Sooryavanshi Cricket great Kapil Dev has called for patience with Vaibhav Sooryavanshi after the 15-year-old earned his first India call-up, saying it would be unfair to place heavy expectations on him so early in his career.Sooryavanshi recently became the youngest player selected for India’s senior men’s team, surpassing Sachin Tendulkar‘s long-standing record. He has...

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ED probe into Vijayan’s daughter may further strain Congress-CPM ties

NEW DELHI: In what could further strain the already tense Congress-CPM equation, ED has intensified its probe into the money laundering allegations against the daughter of former Marxist CM of Kerala, Pinarayi Vijayan.Boosted by a Kerala high court order that money laundering investigations against Vijayan’s daughter Veena are not dependent upon registration of a criminal...

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