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BusinessPhoto: Mint Companies

ESDS Aims for $5 Billion Revenue via AI Chip Rentals in 5 Years

Nashik-based ESDS Software Solution Ltd, encouraged by its successful IPO and despite competition from major conglomerates entering data centers, plans to generate $5 billion in annual revenue within five years by renting out high-performance AI chips. These chips are essential for running artificial intelligence applications, marking a strategic growth focus for the company.

Mint Companies··Nashik

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WorldPhoto: Amar Ujala

Fire at Mumbai Scrap Godown Kills Two, Injures Four

A severe fire broke out at a scrap godown in Mumbai, Maharashtra, resulting in the deaths of two people and injuries to four others. Civic officials reported the incident, highlighting the tragic accident and the ongoing rescue efforts to assist the victims affected by the blaze.

Amar Ujala··Mumbai

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PoliticsPhoto: NDTV

Amit Shah Expresses Deep Sorrow Meeting Punjab Drug Victims' Families

Union Home Minister Amit Shah expressed deep sorrow after meeting families of those who died due to Punjab's drug menace. During his visit to Gurdaspur, Sangrur, and Mansa, he criticized the AAP government for failing to control the issue and urged handing over more cases to the CBI. Shah promised to eradicate drug trade in Punjab by December 31, 2029.

NDTV·

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TechnologyPhoto: Firstpost Tech

Anthropic Proposes AI Safety Bill to Block High-Risk Models

Anthropic has proposed a draft bill that would empower US courts to block the release of AI models if independent assessments find an imminent risk of causing 50 or more deaths or $1 billion in property damage. The bill establishes a formal review process, with the final decision resting with a judge instead of a federal agency.

Firstpost Tech·

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PoliticsPhoto: Hindustan Times

Delhi HC to Hear Saurav Das and Ashutosh Ranka's Plea Against Custody

Leaders Saurav Das and Ashutosh Ranka of the Cockroach Janata Party have approached the Delhi High Court challenging the extension of their judicial custody by a special executive magistrate. Their legal team is expected to seek a hearing on this matter today, aiming to contest the custody extension decision.

Hindustan Times··Delhi

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BusinessPhoto: News18 Business

Sensex Rises 528 Points, Nifty Surpasses 23,000 Led by IT Stocks

On October 21, the Indian stock market opened higher with the Sensex gaining 528 points to 74,381.08 and the Nifty rising 0.63% to 23,032.05. IT stocks led the gains, with the Nifty IT index up 1.60%. Other sectors like PSU Banks, Oil & Gas, Cement, Auto, Metal, and Private Banks also saw positive movement. Key gainers included Infosys, Tech Mahindra, TCS, HCL Technologies, and Reliance Industries.

News18 Business·

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