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Business

JPMorgan Approves Record $39M Compensation for CEO James Dimon in 2024

JPMorgan Chase & Co. has approved a $39 million compensation package for CEO James Dimon for 2024, a $3 million increase from the previous year, reflecting the company's strong per...

Business

eBay Partners with OpenAI to Revolutionize E-commerce with AI Technology

eBay Inc. partners with OpenAI to integrate advanced AI technology into e-commerce, aiming to enhance the shopping experience for users and expand seller reach through the AI assis...

Business

OpenAI Unveils o3-mini: A Game-Changer for ChatGPT Users

OpenAI CEO Sam Altman announces the integration of o3-mini, the latest reasoning AI model, into ChatGPT. This update promises to enhance both free and plus tier users' experience b...

Business

Sackler Family Agrees to $7.4 Billion Payout in Landmark Opioid Settlement

The Sackler family, owners of Purdue Pharma, have agreed to a $7.4 billion settlement over 15 years for their role in the opioid crisis, including an initial $1.5 billion payment a...

Business

Samsung's AI Revolution: How Noida & Bengaluru Are Shaping the Future of Smartphones

Samsung's Galaxy S25 series introduces AI companionship and data protection, with Noida and Bengaluru hubs playing a crucial role in AI development. The series promises enhanced se...

Business

Akshayakalpa Organic Expands to Telangana with New Milk Processing Facility

Akshayakalpa Organic is setting up a new milk processing facility in Telangana, aiming to process 40,000 litres daily. This expansion includes integrating local farmers into its su...

Business

Revolutionizing Mobile Plans: Telcos Roll Out Exclusive Voice and SMS Prepaid Packages

Leading telecom operators in India, including Reliance Jio and Bharti Airtel, have launched new prepaid plans focused solely on voice calls and SMS services, following TRAI's recen...

Business

Indus Towers Surges with a 160% Profit Jump to Rs 4003 Crore in Q3, Fueled by Overdue Collections

Indus Towers announced a 160% year-on-year increase in net profit to Rs 4,003 crore in Q3 2024-25, driven by strong tower additions and overdue collections. The company expects con...