Claim in the report – Byju’s got a notice of Rs 9,000 crore: The company said – no notice was received from ED.

Education technology company Byju’s on Tuesday rejected reports of a Rs 9,000 crore notice. Some media reports had claimed that the Enforcement Directorate (ED) has issued this notice in case of Foreign Exchange Management Act (FEMA) violation. FEMA was created in 1999 to control the flow of foreign currency. In April this year, ED had raided three…

Read More

Sam Altman joins Microsoft: Will not return to OpenAI, Emmett Shear gets the responsibility of interim CEO

Sam Altman, co-founder of OpenAI, the company that made ChatGPT, has joined Microsoft. He will lead the company’s new advanced AI research team. Microsoft CEO Satya Nadella gave this information on Monday. Apart from Altman, former OpenAI President Greg Brockman and some other employees will also join Microsoft. Satya Nadella said- ‘We are committed to our partnership with…

Read More

Adani Ports Q2 results announced: Company’s net profit increased by 4.2% to ₹1,747.8 crore in Q2FY24, revenue increased by 27.6%

Adani Ports has declared the results for the second quarter (July-September) of the financial year 2023-24 on Thursday (November 9). Adani Ports’ net profit in Q2FY24 increased by 4.2% year-on-year (YoY) to Rs 1,747.8 crore. Revenue increased by 27.6% to Rs 6,646.4 crore. Adani Ports had made a net profit of Rs 1,677.5 crore in the…

Read More