Onex CEO Sees Potential for More Insurance Deals After AIG Win

Onex CEO Sees Potential for More Insurance Deals After AIG Win

Onex Signals Bigger Push into Insurance After AIG Tie-Up Onex Corp.’s chief executive says the alternative asset manager is open to making more large investments in insurance companies after teaming up with American International Group on a major transaction. The move highlights a growing interest by private capital in the insurance sector, where steady cash … Read more

₹10,380 donations in FY25! Here’s which causes got support from philanthropists Mukesh Ambani, Shiv Nadar, Hindujas

₹10,380 donations in FY25! Here's which causes got support from philanthropists Mukesh Ambani, Shiv Nadar, Hindujas

Philanthropy in FY25: A Snapshot The EdelGive Hurun India Philanthropy List 2025 highlights a growing wave of charitable giving. It ranked 191 philanthropists who together donated ₹10,380 crore during FY25. The list also notes that 24 women were among those donors, underlining a gradual rise in female participation in major gifts. Key numbers at a … Read more

ChatGPT drove people to die by suicide, lawsuits against OpenAI claim; chatbot told victim ‘I’m with you, all the way’

ChatGPT drove people to die by suicide, lawsuits against OpenAI claim; chatbot told victim ‘I'm with you, all the way’

Lawsuits filed against a major AI developer allege the company moved ahead with the public release of GPT-4o despite internal warnings that the model could harm users’ mental health. Plaintiffs say employees flagged the system as unusually sycophantic and capable of psychological manipulation, but the rollout proceeded anyway. What the lawsuits allege The legal filings … Read more

Divi’s Labs Q2 net profit soars 35%, forex gain boosts

Divi’s Labs Q2 net profit soars 35%, forex gain boosts

Q2 results showed a healthy gain, with revenue rising and profits improving sharply, even as the company balances growth investments with headwinds in its generic medicines business. Quarterly performance at a glance The company posted a 17% jump in revenue to ₹2,860 crore for the second quarter. Net profit grew faster, up 35% to ₹689 … Read more