HC Sets Aside Order Upholding Arbitral Award in Favour of Kalanithi Maran in Dispute with SpiceJet

SpiceJet and Ajay Singh’s counsel had earlier argued that his challenge was on the issue of 18 per cent interest which the tribunal had directed SpiceJet to pay. A bench of Justices Yashwant Varma and Ravinder Dudeja allowed the appeals filed by Singh and SpiceJet challenging the single judge’s July 31, 2023 order The Delhi … Read more

U.S. FDA issues two observations for Dr. Reddy’s formulations facilities in Vizag 

Two formulations manufacturing facilities of generic drugmaker Dr. Reddy’s Laboratories in Visakhapatnam have been issued a Form 483 with two observations by the United States Food and Drug Administration (FDA). The observations were issued by U.S. FDA on completion of “a routine GMP inspection at our formulations manufacturing facilities (FTO-7 and FTO-9) in Duvvada, Visakhapatnam,” … Read more

Customers are fed up with anti-theft measures at stores. Retailers say organized crime is to blame

Susan Dennison recently had an unsettling experience at her local grocery store, a Loblaw-owned Fortinos in Burlington, Ont. Just as she was leaving, the wheels on her shopping cart locked up — making it immobile.  She said a store employee rushed over and demanded to see her receipt.  “I felt like I was ambushed,” said Dennison, … Read more

BUSINESS LIVE: GSK sells Haleon stake; Sainsbury’s agrees Microsoft AI deal; Land Securities losses narrow

By Live Commentary Updated: 16:25 BST, 17 May 2024 The FTSE 100 is down 0.4 per cent in afternoon trading. Among the companies with reports and trading updates today are GSK, Haleon, Sainsbury’s and Land Securities Group. Read the Friday 17  May Business Live blog below. > If you are using our app or a … Read more

Rowing Blazers Names Former Talbots, J.Crew Exec Laura Willensky CEO

A little less than three months after selling a majority stake to Burch Creative Capital and partners Tom Vellios, cofounder of Five Below, and Jason Epstein, partner at Stonecourt Capital, Rowing Blazers has named a new chief executive officer. The popular preppy-inspired brand is bringing Laura Willensky on board to helm the business, which was founded in … Read more

6 Traits to Look For in Your Next Boss

Opinions expressed by Entrepreneur contributors are their own. When searching for roles, we often overlook the impact an exceptional manager or boss can have on our work life and ultimately our career’s growth trajectory. While it’s important to evaluate an organization holistically (i.e. its mission, accolades and reputation), it’s just as important to understand who … Read more

OpenAI strikes deal with Reddit to bring content to ChatGPT

Reddit has partnered with OpenAI to bring its content to popular chatbot ChatGPT, the companies said on Thursday, sending the social media platform’s shares up 12% in extended trade. The deal underscores Reddit’s attempt to diversify beyond its advertising business, and follows its recent partnership with Alphabet to make its content available for training Google’s AI models. ChatGPT … Read more

First commercial hydrogen fueling station in the nation for big rigs set to open in California – Daily News

OAKLAND, California — The first commercial truck hydrogen fueling station in the nation, set to open this summer in West Oakland, has the potential over the next six years to stop nearly 25,000 metric tons of carbon dioxide from fouling the air and harming nearby residents, the equivalent of greenhouse gas emissions from nearly 28,000 … Read more

OpenAI partners Reddit to train its AI on users’ posts

New Delhi: ChatGPT maker OpenAI has inked a deal with Reddit to train its artificial intelligence (AI) models on users’ posts on the popular community discussion platform. As part of the partnership, OpenAI will bring Reddit content to ChatGPT and new products. In order to do so, OpenAI will access Reddit’s Data API, which provides … Read more

UN Revises India’s 2024 GDP Growth Upwards To 6.9% From 6.2% Projected In January

The United Nations has revised upwards India’s growth projections for 2024, with the country’s economy now forecast to expand by close to 7% this year, mainly driven by strong public investment and resilient private consumption. The World Economic Situation and Prospects as of mid-2024, released Thursday, said, “India’s economy is forecast to expand by 6.9% … Read more