Generative AI video: Excitement tempered with scepticism

Generative AI video: Excitement tempered with scepticism

Both claim to generate cinematic-grade video clips with just a few words of text. While this has sparked debate around AI’s impact on creative industries such as filmmaking and advertising, early reactions to their much-touted ‘magical’ abilities are lukewarm. According to three content creators and three filmmaking and advertising veterans that Mint spoke with, although … Read more

IPO rush sets up India’s equity market for another record year

IPO rush sets up India’s equity market for another record year

Ola Electric Mobility, Swiggy Pvt. Ltd, National Securities Depository Ltd (NSDL), Afcons Infrastructure Ltd, and FirstCry operator BrainBees Solutions Pvt. Ltd have already filed with the Securities and Exchange Board of India for their initial public offering of shares.  Tata Capital Ltd, JSW Cement Ltd, and Hexaware Technologies Ltd are also expected to join the … Read more

Do NRI marriages abroad impact succession rights in India?

Do NRI marriages abroad impact succession rights in India?

While the short answer is that there are no immediate issues, the longer answer uncovers several legal nuances. Legal experts say that couples involving NRIs who marry abroad don’t need to register their marriage in India, provided it is duly registered in the country where they wed. A marriage certificate from India is unnecessary for … Read more

Scarlett Johansson ‘shocked and angered’ after OpenAI allegedly uses her voice without consent for chatbot ‘Sky’

Scarlett Johansson ‘shocked and angered' after OpenAI allegedly uses her voice without consent for chatbot ‘Sky’

Actress Scarlett Johansson has claimed that OpenAI used a voice for their new ChatGPT 4o chatbot that she found “eerily similar” to her own, despite having declined the company’s request to use her voice.  In a statement to NPR, Johansson detailed her experience with the tech giant and its latest AI voice, “Sky.” NPR’s Technology … Read more

South Korean shares fall as battery makers drop; cenbank meeting in focus

KOSPI falls, foreigners net sellers * Korean won weakens against dollar * S.Korea benchmark bond yield little changed SEOUL, – Round-up of South Korean financial markets: ** South Korean shares fell on Tuesday, led by lacklustre performances among battery makers, with the broader market focus set on U.S. chipmaker Nvidia’s earnings and the Bank of … Read more

Meet the champions of momentum investing who beat competition in post-covid bull market

Meet the champions of momentum investing who beat competition in post-covid bull market

In this environment, Deepak Shenoy, founder and CEO of Capitalmind, launched a momentum strategy in his portfolio management service (PMS). In May 2020, he published a whitepaper showing that even the simplest momentum strategies had beaten the broader market since 2000. Momentum investing broadly involves buying the fastest-rising stocks in the hope they will continue … Read more

US stock markets: Micron Technology shares climb 4% after Morgan Stanley upgrade

US stock markets: Micron Technology shares climb 4% after Morgan Stanley upgrade

Micron Technology shares climbed 4 per cent in morning session on Monday after Morgan Stanley upgraded the memory chipmaker to “equal-weight” from “underweight”. At 12:37 p.m. ED, Micron Technology stock was trading higher 3.25 per cent, or $4.07, at $129.36. Morgan Stanley also raised the price target for Micron shares to $130.00 from a previous … Read more

Provident fund contributions: A dilemma for international workers

Provident fund contributions: A dilemma for international workers

In a landmark ruling, the Karnataka High Court has pronounced specific regulations for international workers within India’s provident fund law as unconstitutional and arbitrary. To comprehend this decision, it’s essential to review the legislative context: The provident fund legislation defines an international worker as an employee who holds a foreign passport and is employed in … Read more

This Jio Platforms-backed Silicon Valley startup wants to fix the AI language gap in India

This Jio Platforms-backed Silicon Valley startup wants to fix the AI language gap in India

Backed by billionaire Mukesh Ambani’s Jio Platforms and South Korea’s Naver Corp, the artificial reality startup has released a multilingual LLM called Sutra as well as a beta version of a multilingual LLM-based chatbot called Geniya.  Two Platforms also plans to soon release an artificial intelligence-powered messaging and social app called Zappy in India, according … Read more

Lok Sabha Elections 2024: Voter turnout is low, but process is slow too, says former HDFC Chairman Deepak Parekh

Lok Sabha Elections 2024: Voter turnout is low, but process is slow too, says former HDFC Chairman Deepak Parekh

Lok Sabha Elections 2024: Voter turnout is low, but the process is slow. People have waited for an hour and gone back without voting, said former HDFC Chairman Deepak Parekh while addressing the media following his vote at a polling booth in Peddar Road, Mumbai. Mumbai’s vote percentage has been exceptionally dismal for a very … Read more