IHC arm gets RBI nod to buy Sammaan Capital

MUMBAI: Sammaan Capital (formerly Indiabulls) shares rose 6% after the RBI approved the acquisition of a controlling stake by UAE-based International Holding Company (IHC) through an initial investment of about Rs 8,850 crore. In a regulatory filing on March 24, Sammaan Capital said RBI had cleared applications related to the proposed transaction involving Avenir Investment,…

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‘Alien egg’: NASA astronaut grows purple potato on ISS, internet goes wild |

Purple potato grown in microgravity aboard ISS. A strange, tentacled object floating aboard the International Space Station recently sent the internet into a frenzy, with many mistaking it for something straight out of a science fiction film. The eerie, purple, egg-shaped form with tendril-like growths quickly went viral, prompting reactions ranging from curiosity to outright…

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OpenAI hires JioStar’s ex-CEO to lead Apac ops

BENGALURU: OpenAI, the company behind ChatGPT, has hired former JioStar CEO Kiran Mani as managing director for Asia-Pacific, as the AI firm steps up its regional expansion amid strong user growth in markets including India. Mani is set to join in June. He will report to Jason Kwon and lead regional strategy and operations across…

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