In their quest for the next Google, Amazon, or OpenAI, VC run headlong into uncertainty and embrace contrarianism. Image: Shutterstock In most of the business world — and the world in general — the default setting is caution, consensus, and, above all, a low tolerance for bad bets. Venture capitalists are not wired this way. … Read more
Traders work on the floor of the New York Stock Exchange during afternoon trading on August 02, 2024 in New York City. Stocks closed low after the July jobs report showed a slowdown in the labour market, with the Dow Jones closing with a loss of over 600 points after being nearly down 1000 points … Read more
5 min read Last Updated : Aug 06 2024 | 11:22 AM IST Kotak report on retail investors, India stock market: The recent turmoil in the Indian stock market may not turn non-institutional investors cautious, a report by Kotak Institutional Equities said on Tuesday. Their approach, the report said, has been motivated by ‘greed’ … Read more
Fuel productivity for outgrown efficiency The Efficiency Imperative In today’s corporate world, the phrase “do more with less” echoes through boardrooms and Zoom calls. As the Communications Director at Guru, I’ve observed firsthand the intense drive for efficiency across industries. Recent economic turbulence has shifted focus from growth to profitability, compelling businesses to extract maximum … Read more
Siddhant Kamath, Director, Natural Ice Cream Image: Neha Mithbawkar for Forbes India 2013, Mumbai. In 2013, the ‘hero’ was not churning out blockbusters. “When my father started Naturals in 1984 in Juhu, Mumbai, ice cream was not the hero. It was a supporting actor,” recalls Siddhant Kamath, the second-generation entrepreneur who joined the family business in … Read more
Judge found that Google doesn’t have a monopoly in the market for general search advertising. Image: Bloomberg 5 min read Last Updated : Aug 06 2024 | 6:23 AM IST By Leah Nylen Google illegallymonopolised the search market through exclusive deals, a judge ruled Monday, handing the government a win in its first major antitrust … Read more
We learn from each other in person more than we think we do. That’s part of our success as humans, especially when it comes to knowledge that is new, not yet defined. Image: Shutterstock Four years since the start of the Covid-19 pandemic, many workers still find themselves logging on from home at least part … Read more
Venkat Ramaswamy, Co-founder and Vice Chairman, Edelweiss Financial Services. Image: Bajirao Pawar for Forbes India At a time when some of the Edelweiss group companies had come under scrutiny of the regulator, Edelweiss Alternative Asset Advisors, one of its fastest growing businesses—with assets under management of $6.8 billion (Rs 57,120 crore)—has outpaced growth in retail … Read more
5 min read Last Updated : Aug 05 2024 | 11:34 PM IST The financial markets in India and elsewhere on Monday were rattled by developments in the US and Japan, two of the world’s leading economies with significant ties to the global financial system. Concerns about a potential recession in the US, … Read more
Photo: Representative | AP 5 min read Last Updated : Aug 05 2024 | 7:45 PM IST A ChatGPT query needs nearly 10 times as much electricity to process as a Google Search, a study by Goldman Sachs report claims. With Artificial Intelligence (AI) gaining momentum and as an increasing number of data centres … Read more