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Nvidia shares fall 8% after hours as board reportedly weighs Jensen Huang’s exit

Nvidia stocks had gained in actual stock market trading before the reports on board considering CEO’s ouster Nvidia shares fell 8% in after-hours trading on Wednesday after reports that the company’s board was preparing to discuss the future of CEO Jensen Huang amid allegations of two extramarital relationships, including one involving a businesswoman suspected by…

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Anthropic: Anthropic’s $1.4 trillion IPO: Price band, listing, investors & more; all you need to know

Anthropic’s $1.4 trillion IPO The artificial intelligence (AI) boom is heading for another major test on Wall Street as Anthropic, the parent company of Claude, prepares for a mega IPO targeting a valuation of $1.4 trillion.Backed by technology giants such as Amazon, Google, Nvidia and AMD, the company has seen its valuation climb rapidly. Its…

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Cement trader deposited Rs 14.74 lakh in his bank during demonetisation, but tax officer classified Rs 5.72 lakh as unexplained cash and sent notice; ITAT Cuttack deletes it after checking cash books

The trader’s advocates submitted his cash books and other supporting evidence before ITAT Cuttack. (Image for representative purpose only) A cement trader based in Balasore, Odisha, came under the Income Tax Department‘s scrutiny after depositing Rs 14.74 lakh in cash into his bank account during the demonetisation period in November 2016.The Income Tax Assessing Officer…

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Moody’S Ratings: Moody’s raises India’s FY27 growth forecast to 7% on strong economic momentum

Moody’s Ratings has raised its growth forecast for the Indian economy to 7% for the current financial year, from its earlier estimate of 6.5%, citing broad-based economic momentum and the country’s resilience to the energy supply shock linked to the Iran war.In its Global Macro Outlook 2027-28, the US-based rating agency said robust consumption, improving…

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