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Showing posts from February, 2023

Tata Group's talks over $1 billion Bisleri stake stall over valuation

  The Indian conglomerate had been in advanced discussions to take control of Bisleri and the parties were working on finalizing the structure of a transaction, the people said Topics Tata group  |  Stake sale  |  Parle Baiju Kalesh  &  P R Sanjai | Bloomberg   Last Updated at March 1, 2023 07:43 IST Tata Group’s talks for a majority stake in Bisleri International Pvt, one of India’s largest bottled water makers, have stalled overvaluation, according to people familiar with the matter. The Indian conglomerate had been in advanced discussions to take control of Bisleri and the parties were working on finalizing the structure of a transaction, the people said. Bisleri’s owners were looking to raise about $1 billion from a deal, the people said. Negotiations later hit a snag as the  companies  were unable to agree on a valuation, said the people, who asked not to be identified as the information is private. Discussions between Tata and Bisleri could still resume, and other potential s

G20

The G20, or Group of Twenty, is an international forum of 19 countries and the European Union. The G20 represents the world's major economies and brings together leaders from these countries to discuss and coordinate global economic and financial issues. The member countries include Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United Kingdom, and the United States. The G20 accounts for around 85% of the global gross domestic product (GDP) and two-thirds of the world's population. The G20 holds annual summits where leaders discuss various issues, including economic growth, international trade, financial regulation, and climate change.

AAP’s Shelly Oberoi elected as Delhi mayor

  Aam Aadmi Party (AAP)’s Shelly Oberoi, 39, was elected as the mayor as the Municipal Corporation of Delhi (MCD)’s session for the mayoral polls was convened for the fourth time on Wednesday after the election could not be held with the earlier three sessions over two months plunging into chaos. The AAP and Bharatiya Janata Party (BJP) have blamed each other for the delay in the polls. The BJP said the AAP did not want to elect a mayor. The AAP alleged the BJP was trying to hijack the House so it can continue to run MCD through nominated members. MCD earlier convened on January 6, January 24, and February 6 but descended into chaos each time. The election could not take place earlier due to pro-tem presiding officer Satya Sharma’s decision to allow voting rights to the nominated aldermen. Oberoi was declared the winner after she got 150 votes compared to BJP’s Rekha Gupta’s 116, days after lieutenant governor VK Saxena on Saturday approved a proposal to convene the session of MCD Hous

STFU about ChatGPT:

  By Anshuman Sharma ChatGPT has sent shockwaves through higher education, creating a moral panic about the threat that artificial intelligence (AI) poses to the classroom. As  critical media   literacy scholars , we are not panicking, and we do not think any educator should. Developed by  OpenAI ,  ChatGPT  is a chatbot released in late 2022. Industry insiders were amazed by the technology, with Microsoft quickly moving to integrate  OpenAI  features into its products. Among other functions,  ChatGPT , currently offered as a free research preview, can write well-formulated essays on a series of topics. According to  Inside Higher Ed ,  students are using it to generate outlines, bibliographies, and tutoring concepts. Meanwhile, educators are confirming cheating rings composed of students using ChatGPT. The ubiquity and effectiveness of ChatGPT have “ alarmed ” universities and led many professors to  alter  their syllabus and pedagogical approach. Much of the reports on ChatGPT serve

"First Time A PM Has Accepted...": MK Stalin Tears Into Parliament Speech

  Mr. Stalin said the PM's speech was "full of rhetoric", but did not have any explanation on the BBC documentary or the Adani issue. Tamil Nadu Chief Minister MK Stalin today slammed Prime Minister Narendra Modi and the state's Governor RN Ravi. Regarding several questions raised by Congress MP Rahul Gandhi in his recent Parliament speech, he said he has learnt from the Prime Minister the art of speaking for hours without answering anyone's questions. "There are several allegations against the PM and the BJP government, but he hasn't responded to anything. He says the trust of the people is his protective shield. The people don't think so," he said. Mr Stalin further said the PM's speech was "full of rhetoric", but did not have any explanation on the BBC documentary (on the 2002 Gujarat riots) or the Adani issue (allegations of stock manipulation by Adani group companies). "Allegations against the Adani group are direct allega