The tech titans have been locked in a fierce battle for dominance in the field of AI, with Microsoft joining forces with startup OpenAI to challenge Google's two-decade stranglehold on internet search.
But Thursday's results showed there's ample room for both companies to grow.
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'Retail expansion and omnichannel plans are in place'
Titan Company saw robust demand during Akshaya Tritiya. ASHOK SONTHALIA, chief financial officer of Titan Company, discusses the company's expansion plans in an exclusive audio interview with Sharleen D'Souza. Edited excerpts:
'Will invest about ₹65K cr in the next three years'
The consolidated net profit of JSW Steel dropped sharply in Q4FY24 on a year-on-year basis. In an audio interview, JSW Steel's joint managing director and chief executive officer, JAYANT ACHARYA, tells Ishita Ayan Dutt that Q1FY25 will be better and outlines the capex road map. Edited excerpts:
From Infosys to HCLTech, majority of IT firms support hybrid work model
Ever since the pandemic came to an end, the workforce in India's IT sector has waited and watched with a great deal of anticipation.
Vulnerable population: Heat on public health system
As the heatwave envelops North India, warnings have been issued by weathermen and disaster management agencies to gear up. This has raised concerns about the public health infrastructure's preparedness.
Markets will have a strong run after June 4: PM Modi
His assertion follows assurances by 3 senior ministers SUNDAR SETHURAMAN Mumbai, 19 May rime Minister Narendra Modi, in a television interview telecast on Sunday, said the stock market would have a strong run once the election results are out.
Promoters reluctant to sell Haldiram Snacks despite offers by PEs
Not enthused by reported valuation of ₹69,138 cr
Covid vaccine makers gear up to launch new-gen jabs
New-generation Covid vaccines may soon be available in India as many companies prepare to launch them amid a rise in new cases in some parts of the world, particularly Singapore.
Bandhan Bank Q4 profit falls 94% to ₹54.6 crore
Bandhan Bank on Friday reported a 93.24 per cent drop in its net profit to ₹54.6 crore in the March quarter (Q4FY24) compared to a profit of ₹808.3 crore in the corresponding quarter of the previous financial year.
UN ups India's CY24 growth forecast
The United Nations (UN) has revised upwards India's growth forecast for 2024 by 70 basis points to 6.9 per cent, from 6.2 per cent estimated in January this year, driven by robust public investment and resilient private consumption.
RBI flags concerns over functioning of debt recast firms
Meeting with ARCS part of supervisory engagements
