As big artificial intelligence (AI) systems scale up, some investors are already getting excited about what they expect to be the next tech breakthrough: quantum computing. As it turns out, big AI data centers like the ones that Microsoft (NASDAQ: MSFT) is building, could do just the trick in allowing a quantum computer to run error-free.
Open FlipThe shares of stock broking firm Motilal Oswal surged 5% to day’s high at Rs 2,185 on Friday after it announced a proposal to consider allotment of bonus shares to its shareholders in an intimation filing to the exchanges.The stock broker informed the exchanges that the meeting of the board of directors will be held on Friday, April 26, 2024, wherein the company will approve the audited file.
Open FlipHDFC Life Insurance, one of India’s largest private sector insurance companies, expects its value of new business (VNB) margins to turn stable in the coming quarters after a blip in the January-March quarter, said Vibha Padalkar, Managing Director and Chief Executive Officer (MD and CEO) of the company. In the January-March quarter, HDFC Life reported an 18.3 percent year-on-year (YoY) drop.
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