Rahul Kumar 
The transactions extend a recent pattern of ARK increasing its exposure to Nvidia while selectively reducing its AMD holdings. Cathie Wood’s ARK Invest bought Nvidia shares across five actively managed ETFs while selling AMD shares in four of those same funds. ARKK was the only one of the five funds that bought Nvidia without also … Read more
Artificial intelligence startup Anthropic is planning to issue high-vote shares to CEO Dario Amodei and its co-founders to maintain leadership control. Anthropic plans to grant special shares with enhanced voting privileges to CEO Dario Amodei and other co-founders. Amodei currently holds only about a 2% equity stake, making extra voting power key to maintaining managerial … Read more
Flash floods occurred in Lahaul-Spiti’s Mayar Valley and Chowkhang Naingar area, disrupting road connectivity. MLA Anuradha Rana said restoration work is underway. The state has recorded 197 deaths during the monsoon disaster period since June 30. Flash Floods Disrupt Connectivity in Lahaul-Spiti Flash floods occurred in the Karpat Nallah of the Mayar Valley and the … Read more
Union Minister Piyush Goyal highlighted the India-Japan partnership’s growing strategic depth, inviting Japanese businesses to deepen investments in India, particularly in Uttar Pradesh, which aims to become a USD 1 trillion economy. Union Minister for Commerce and Industry Piyush Goyal highlighted the growing depth and strategic importance of the India-Japan partnership and invited Japanese businesses … Read more
The Department of Commerce, NABCB and EEPC organised an awareness session in New Delhi for exporters on the European Union Carbon Border Adjustment Mechanism (EU CBAM) to enhance awareness and preparedness for the evolving regulatory requirements. The Department of Commerce, Ministry of Commerce and Industry, in collaboration with the National Accreditation Board for Certification Bodies … Read more
Walter, one of Carvana’s largest investors, holds roughly 30 million shares, or about a 4% stake worth around $2 billion, according to Bloomberg. Walter, CEO of Guggenheim Partners and head of TWG Global, faces a federal investigation into his broader investment empire. The billionaire has already moved to reshape parts of his holdings, including a … Read more
CJP’s Saurav Das slammed the Delhi government for its reluctance to submit a list of FIRs against student protestors for quashing. He accused the govt of delay tactics and demanded immediate compliance with the court’s direction to withdraw the cases. CJP Slams ‘Delay Tactics’ Over FIRs Cockroach Janta Party (CJP) chief spokesperson Saurav Das on … Read more
The Supreme Court warned airlines to comply with regulations or be grounded. The Centre told the court it will finalise rules under the Bharatiya Vayuyan Adhiniyam, 2024, within three weeks, following a PIL on high airfares and ancillary charges. The Centre has informed the Supreme Court that it has expedited the process of framing rules … Read more
LG Electronics is accelerating its partnership with Nvidia to generate 100,000 hours of training data for humanoid robots by 2026. The data will be used to advance its robot foundation model for better perception and physical task performance. LG Electronics is accelerating its partnership with Nvidia to develop training data for humanoid robots, with the … Read more
SEBI and NSE are intensifying investor awareness efforts to combat investment fraud and encourage safer market participation. The initiative aims to educate investors on identifying scams, making informed choices, and using grievance redressal mechanisms. The Securities and Exchange Board of India (SEBI) and the National Stock Exchange (NSE), along with other securities market participants, are … Read more