OpenAI says it’s setting up a new safety and security committee and has begun training a new artificial intelligence model to supplant the GPT-4 system that u...

https://abcnews.go.com/US/wireStory/openai-forms-safety-committee-starts-training-latest-artificial-110604351

#abcnews #Business

It's been 10 months since the FDA first announced a nationwide shortage of Adderall and the supply strain could worsen in the months ahead.

https://www.cnbc.com/2023/08/26/adhd-drug-market-back-to-school-supply-strain.html

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Starting in July, most families with kids will start getting monthly payments of up to $300 per child as part of the American Rescue Plan’s expansion ...

https://www.thestar.com/news/world/2021/05/17/liz-weston-the-checks-that-could-change-your-financial-life.html

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Ram Prasad Sahu Your browser does not support the audio element. 1x Led by the energy vertical, the country's largest listed firm by value, Reliance Industries (RIL), beat Street's estimates for the second consecutive quarter. Even as the operating performance of the retail segment was somewhat below estimates and the telecommunications (telecom) business (Reliance Jio) was broadly in line, it was the 20 per cent sequential growth in the oil-to-chemicals (O2C) space that helped the company offset the miss in the consumer business.

https://www.business-standard.com/markets/news/q4-performance-beat-outlook-positive-for-reliance-industries-stock-123042300529_1.html

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Virus has spread to places with poor medical infrastructure, says Samir Rachh, who works with Nippon India Mutual Fund...

https://www.business-standard.com/article/markets/india-s-top-stock-fund-warns-of-correction-as-covid-19-cases-surge-121051100111_1.html

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The company benefited from a rebound in oil prices, up about 23% during the first quarter, as fuel demand recovered after being decimated last year by lockdowns...

https://www.business-standard.com/article/companies/occidental-petroleum-loss-narrows-as-chemicals-oil-exports-gain-121051100098_1.html

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JSW Hydro Energy, an arm of JSW Energy, has raised $707 million from an international green bond issue that was oversubscribed by over four times, merchant bankers said on Monday...

https://www.business-standard.com/article/markets/stocks-to-watch-pnb-indigo-hul-hfcl-siemens-iob-oberoi-realty-121051100160_1.html

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Prior to his elevation in 2020, he worked as general manager in the SARG from 2017...

https://www.business-standard.com/article/finance/state-bank-of-india-s-padmakumar-m-nair-named-as-ceo-of-proposed-bad-bank-121051200042_1.html

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Toshiba Corp's 6502.T board is set to appoint UBS UBSG.S as financial adviser to work on a strategic review for the Japanese conglomerate as it faces a possible private equity bidding war, said source...

https://www.business-standard.com/article/companies/toshiba-board-to-appoint-ubs-as-adviser-for-strategic-review-sources-121051200136_1.html

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Ability to hold on to margins amid higher raw-material prices and restored salaries/wage cuts through cost control, order pipeline, and commentary on FY22 guidance among key monitorables...

https://www.business-standard.com/article/markets/l-t-q4-preview-pat-seen-rising-up-to-18-yoy-as-margin-pressures-ease-121051400118_1.html

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Gold edged lower on Friday, as a firmer dollar made bullion more expensive for other currency holders, although a pullback in the U.S. Treasury yields limited losses for the safe-haven metal...

https://www.business-standard.com/article/markets/gold-edges-lower-as-firmer-us-dollar-offsets-easing-bond-yields-121051400112_1.html

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The management said the domestic decorative business delivered a stellar performance, registering a 48 per cent volume growth in the quarter, led by robust growth in the premium and luxury product ran...

https://www.business-standard.com/article/markets/asian-paints-surges-11-on-strong-revenue-growth-in-q4-121051400223_1.html

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During the past six trading days, Lupin outperformed the market and surged 15 per cent as compared to a per cent rise in the S&P BSE Sensex till Wednesday...

https://www.business-standard.com/article/markets/lupin-shares-slide-4-amid-profit-booking-post-march-quarter-results-121051400352_1.html

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Alphabet could be underinvesting in the sustainability of its prosperous main business while overinvesting in adventurous sidelines...

https://www.business-standard.com/article/companies/google-s-main-business-could-use-some-moonshots-leonid-bershidsky-121050900072_1.html

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Heavyweights including Brazil, China and India will report inflation data this week against a backdrop of quickening growth that's being fueled by months of easy money and fiscal largess...

https://www.business-standard.com/article/finance/inflation-debate-hits-emerging-markets-with-pimco-standing-firm-121051000089_1.html

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The RSI has indicated a trend reversal for Hero MotoCorp, showing strength, and has signaled a 'buy' to suggest further upward movement in the coming days...

https://www.business-standard.com/article/markets/vaishali-parekh-recommends-buying-hero-motocorp-united-spirits-check-why-121051000104_1.html

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The bank has started offering prime home loans to employees of top corporates starting at 6.9 per cent...

https://www.business-standard.com/article/companies/idfc-first-bank-planning-to-make-home-loans-40-of-total-portfolio-121051000124_1.html

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Crude prices climbed more than 1% on Monday after a major cyber attack that forced the shutdown of critical fuel supply pipelines in the United States, highlighting the fragility of oil infrastructure...

https://www.business-standard.com/article/markets/oil-rises-1-after-cyber-attack-forces-closure-of-us-fuel-jugular-pipeline-121051000077_1.html

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There are growing indications that India's latest wave of Covid-19 infections will add to risks among by sapping near-term momentum from the economic recovery...

https://www.business-standard.com/article/economy-policy/relief-to-postpone-financial-stress-from-india-s-covid-surge-fitch-121051000334_1.html

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Consolidated total income up 13%; robust anti-diabetic sales, new product pipeline, expanded coverage of cardiologists support better numbers...

https://www.business-standard.com/article/companies/eris-lifesciences-q4-pat-up-21-yoy-on-strong-show-by-superspecialty-biz-121051300901_1.html

#business-standard

Adar Poonawalla said last week that the Serum Institute would be able to raise its monthly output to 100 million doses by July...

https://www.business-standard.com/article/current-affairs/serum-institute-plans-to-start-vaccine-production-outside-india-report-121050100104_1.html

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Rabi Sankar now joins Mahesh Kumar Jain, Michael Patra and Rajeshwar Rao as the fourth deputy governor of the central bank...

https://www.business-standard.com/article/finance/t-rabi-sankar-named-rbi-deputy-governor-to-succeed-b-p-kanungo-121050101001_1.html

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State Bank of India (SBI) will try to keep the interest rates benign as long as possible with a view to supporting the economic growth, its chairman Dinesh Kumar Khara has said...

https://www.business-standard.com/article/finance/will-try-to-keep-interest-rate-benign-for-as-long-as-possible-sbi-chief-121050200223_1.html

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Rediffusion partners Arun Nanda and Ajit Balakrishnan, who held 50 per cent each, have decided to step back from day-to-day operations of the agency, it is reliably learnt...

https://www.business-standard.com/article/companies/sandeep-goyal-s-mogae-media-acquires-oldest-ad-agency-rediffusion-121050300047_1.html

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Volatility is expected to remain high in the events-heavy week. Street will react to the Reliance Industries results which came in after market hours on Friday...

https://www.business-standard.com/podcast/markets/market-ahead-may-3-top-factors-that-could-guide-markets-today-121050300150_1.html

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Quess Corp's stock is forming bullish flag pattern on daily charts...

https://www.business-standard.com/article/markets/nifty-outlook-stock-picks-by-gaurav-garg-buy-quess-corp-coromandel-intl-121050300162_1.html

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Recently, the stock of Divi's Labs has given a weekly range breakout, making a new high of 4133, supported by volumes...

https://www.business-standard.com/article/markets/top-trading-ideas-by-bharat-gala-of-ventura-sec-buy-nocil-divi-s-labs-121050300171_1.html

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LIVE market: A total of 20 companies, including Adani Ports and Special Economic Zone, Alembic Pharmaceuticals, Apollo Pipes, DCM Shriram, IIFL Securities, LarsenToubro Infotech, and RBL Bank are s...

https://www.business-standard.com/article/markets/market-live-markets-sgx-nifty-l-t-tech-tata-chemicals-adani-ports-121050400127_1.html

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Analysts remain watchful of the impact of the lockdowns announced in various key states due to the resurgence in Covid-19 cases...

https://www.business-standard.com/article/markets/sbi-life-slips-on-profit-booking-after-postings-healthy-q4-results-121050400217_1.html

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The State Bank of India will sell three bad accounts to asset reconstruction companies or other next month to recover dues of over Rs 235 crore, according to a sales notice...

https://www.business-standard.com/article/finance/sbi-to-sell-three-npa-accounts-next-month-for-recovery-of-over-rs-235-cr-121051600219_1.html

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