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Mallika Soni

When not reading, this ex-literature student can be found searching for an answer to the question, "What is the purpose of journalism in society?"

Articles by Mallika Soni

Hyundai Motor's $3 billion IPO- India's biggest- gets Sebi nod: October launch?

Hyundai Motor India Limited received Sebi's approval for a $3 billion IPO, set to be India's largest, surpassing LIC's $2.7 billion listing.

Hyundai Motor India has secured approval for a $3 billion IPO, aiming to be the largest in India. The offering, targeting an $18-$20 billion valuation, includes the sale of over 142 million equity shares to boost visibility and market presence.(Reuters)
Updated on Sep 25, 2024 08:07 AM IST

Sam Altman says superintelligence is coming: ‘Going to get so good, so soon’

OpenAI CEO Sam Altman predicts superintelligence may be achieved in a few thousand days, enhancing human capabilities and driving scientific breakthroughs.

Sam Altman, CEO of OpenAI, believes superintelligence could emerge in a few thousand days, significantly enhancing human abilities and enabling scientific advancements. He highlights AI's role in solving complex challenges and improving societal intelligence, transforming what is possible for humanity.(AFP)
Updated on Sep 24, 2024 03:30 PM IST

Will there be a recession soon? CEO of biggest US bank JP Morgan says this

Jamie Dimon of JP Morgan warned about ongoing global inflation and recession risks, while praising the resilience of the US and India.

Jamie Dimon of JP Morgan acknowledged ongoing global recession risks while praising the resilience of the US and Indian economies. He indicated that geopolitical factors and everyday economic activities will influence future market trends more than interest rates.(Reuters)
Published on Sep 24, 2024 01:56 PM IST

Elon Musk hates block feature on X. So, he brought this big change for users

Elon Musk's X has changed its block feature, allowing blocked users to view public posts. Previously, blocked users couldn't see profiles or followers.

Elon Musk's X is modifying its block feature so blocked users can view public posts. This shift comes as Musk argues for a stronger mute option, alongside new restrictions for livestreaming by premium users.(AP)
Published on Sep 24, 2024 01:04 PM IST

Samsung's 'no work, no pay' showcause notice to protesting workers: Top updates

Samsung India protests: Samsung Electronics' strike in Chennai reaches day 16 as the company warns striking workers of 'no work, no pay' policy.

Samsung India protests: Security guards stand outside a Samsung facility during a strike by the factory workers demanding higher wages in Sriperumbudur, near Chennai.(Reuters)
Published on Sep 24, 2024 12:09 PM IST

Elon Musk praises Italy PM Giorgia Meloni: ‘Authentic, honest, truthful’

Elon Musk honored Italy's PM Giorgia Meloni with the Atlantic Council Global Citizen Award in New York, praising her authenticity and support for the EU.

Elon Musk celebrated Giorgia Meloni with the Global Citizen Award, highlighting her strong EU support. Meloni warned against unchecked migration and stressed the need for political control over AI to prevent global imbalances.(AP)
Updated on Sep 24, 2024 11:11 AM IST

JPMorgan's Jamie Dimon on India: ‘Can hit $7-trillion target by 2030'

JPMorgan CEO Jamie Dimon expressed optimism about India's growth, praising its financialization and infrastructure reforms.

JPMorgan CEO Jamie Dimon emphasized the importance of US-India economic relations and criticized over-reliance on China, advocating for diverse supply chains and better policies.(Bloomberg)
Published on Sep 24, 2024 10:50 AM IST

Sensex crosses 85,000 for the first time, Nifty at fresh record high

Sensex and Nifty hit record highs for the fourth consecutive session, boosted by the Federal Reserve's rate cut.

Stock market today: A bird flies past a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai.(Reuters)
Updated on Sep 24, 2024 10:11 AM IST

Melinda French Gates says she doesn't like being a billionaire because…

Melinda French Gates emphasizes the responsibility that comes with her wealth, estimated at $11-$13.5 billion.

Melinda French Gates discusses her wealth, viewing it as a responsibility rather than a burden. With a net worth of $11-$13.5 billion, she intends to focus on philanthropy for women and families, especially after resigning from the Gates Foundation and receiving additional funds for charitable work.(AP)
Published on Sep 24, 2024 09:58 AM IST

Nvidia's Jensen Huang effusively praises ‘incredible student’ PM Modi

Nvidia CEO Jensen Huang emphasized India's potential in AI during a meeting with PM Modi in New York, highlighting India's thriving startup economy.

Jensen Huang, co-founder and chief executive officer of Nvidia Corp, after meeting PM Modi, highlighted India's opportunity in AI, its talented workforce, and the importance of partnerships in advancing the country’s growing startup economy and AI infrastructure.(Bloomberg)
Published on Sep 23, 2024 11:18 AM IST

Sundar Pichai praises PM Modi's ‘clear vision’ for AI in India

Prime Minister Modi engaged with tech leaders, including Sundar Pichai and Jensen Huang, during his US visit, discussing India's potential and AI opportunities.

Sundar Pichai, CEO of Google and Alphabet, is seen. Sundar Pichai emphasized PM Modi's challenge to leverage AI for India's benefit and highlighted Google's commitment to AI investments in the country.(Reuters)
Updated on Sep 23, 2024 10:09 AM IST

Coldplay India Tour 2025 adds another day: Check new date, ticket price, details

British band Coldplay has added a third date for their India performance at Navi Mumbai's DY Patil Stadium due to “phenomenal demand”

Singer Chris Martin and his British rock band Coldplay will be back in Indian in January.(AFP)
Updated on Sep 22, 2024 02:01 PM IST

BookMyShow crashes after Coldplay India 2025 bookings start

BookMyShow's website and mobile application crashed right after the booking for British band Coldplay's India performance started

BookMyShow crashes
Updated on Sep 22, 2024 01:55 PM IST

Bhavish Aggarwal doubles his net worth with Ola Electric IPO listing

Bhavish Aggarwal adds almost $1.2 billion to his wealth as Ola Electric lists at price band at ₹76 a share.

Bhavish Aggarwal, CEO of Ola Cabs, and founder of Ola Electric, speaks during a press conference ahead of the company's IPO launch in Mumbai.(Reuters)
Updated on Aug 09, 2024 12:33 PM IST

RBI keeps repo rate steady: Will there be any impact on your home loan EMIs

Owing to RBI maintaining the status quo, the home loan interest rates and equated monthly instalments (EMIs) remain unchanged for borrowers.

A Reserve Bank of India (RBI) logo is seen inside its headquarters in Mumbai, India.(Reuters)
Updated on Aug 08, 2024 11:29 AM IST

RBI keeps repo rate unchanged at 6.5%; Inflation, GDP growth forecast retained

The RBI keeps repo rates unchanged at 6.5% for the ninth time

RBI governor Shaktikanta Das addresses during a press conference regarding the monetary policy decisions, in Mumbai. (ANI)
Updated on Aug 08, 2024 10:54 AM IST

Will Karan Adani become Adani Group chairman when Gautam Adani exits?

Gautam Adani said that he was very focused on a well-planned transition for the sustainability of the business.

Karan Gautam Adani, Chief Executive Officer of Adani Ports & SEZ Limited.(PTI)
Updated on Aug 06, 2024 08:24 AM IST

Gautam Adani to step down in 8 years, hand over business to sons in early 2030s

Gautam Adani said that he asked his two sons and two nephews if they prefer to divide the Adani Group's extensive businesses.

Gautam Adani speaks during an event. (Reuters)
Updated on Aug 06, 2024 08:24 AM IST

Bill Gates wants ‘smart’ Elon Musk to speak on this issue more: ‘Talks a lot…’

Bill Gates was asked in an interview if he was “disappointed” with Tesla CEO for not discussing climate change.

Bill Gates, co-chairman of the Bill and Melinda Gates Foundation, speaks during the 2024 CERAWeek by S&P Global conference in Houston, Texas.(Bloomberg)
Updated on Jul 25, 2024 07:33 AM IST

Uday Kotak praises Nirmala Sitharaman's Budget: ‘Well thought out, smartly…’

Budget 2024: Uday Kotak praises Nirmala Sitharaman's Budget 2024 for fiscal discipline and support to MSMEs

Budget 2024: Founder and former MD & CEO, Kotak Mahindra Bank, Uday Kotak. is seen. (PTI)
Updated on Jul 24, 2024 11:03 AM IST

Zerodha's Nithin Kamath decodes Budget 2024: Speculation 'much more expensive'

Nirmala Sitharaman has raised the STT on the sale of options from 0.0625% to 0.1% of the option premium value.

Zerodha CEO Nithin Kamath.(X/Nithin Kamath)
Updated on Jul 24, 2024 09:57 AM IST

Radhika Gupta explains how Budget 2024 impacts your mutual funds investments

Radhika Gupta explains simplified mutual fund taxation post Union Budget 2024

Radhika Gupta said that before the Budget, mutual funds had different taxation categories as
Updated on Jul 24, 2024 09:51 AM IST

Shaadi.com's Anupam Mittal praises Budget 2024 but says ‘ye dil maange more’

Shaadi.com founder Anupam Mittal applauds abolition of angel tax and harmonisation of LTCG in Union Budget 2024, calls for further support for startups.

Entrepreneur Anupam Mittal appears as a ‘shark’ on Shark Tank India.
Updated on Jul 23, 2024 07:19 PM IST

NSE MD gives 10/10 score to Nirmala Sitharaman's Budget

NSE CEO praises Union Budget 2024 for boosting job creation, startup ecosystem, and women participation in labor force without major tax changes.

Union Finance Minister Nirmala Sitharaman addresses a post-Budget press conference, in New Delhi.(PTI)
Updated on Jul 23, 2024 05:49 PM IST
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