Boeing needs a radical Board shake-up to regain its altitude
A CEO switch with shareholders still in full control of the company may not help. What it needs is safety-focused employee representatives on its Board now. It’ll help it regain trust. Key Points
mintBihar Board 10th Result 2024: BSEB Matric results declared
Bihar Board 10th Result 2024 has been declared. BSEB Matric results was announced by the Board Chairman. Key Points
Hindustan TimesCISCE postpones class 12 Psychology exam due to missing question papers from a centre, check fresh date here
The Class 12 Psychology exam was scheduled for Wednesday, 27th March, 2024. This is the second time in a month that the Board has postponed its class 12 exam. Key Points
Hindustan TimesStocks in news: Ashok Leyland, Mankind Pharma, Vedanta, Lupin, Paradeep Phosphates
Global rally prompted a surge in domestic equities after US central bank hinted at rate cuts. Ashok Leyland, Mankind Pharma, Vedanta, Lupin, Paradeep Phosphates, JSW Energy, Ambuja Cements, Sanghi Industries, RIL, Vedanta, Paytm, Tech Mahindra, Paradeep Phosphates, Maruti Suzuki, RVNL in focus. Key Points
Economic TimesSam Altman returns to OpenAI Board months after crisis
CEO Sam Altman will return to the Board of OpenAI, the company said on Friday, just months after a boardroom dustup that saw him fired and rehired by the company behind ChatGPT. Altman was also found to have been wrongly fired in an internal investigation that was launched in the days after his chaotic dismissal last year, the company said. Quora CEO Adam D'Angelo is the sole holdover from the old Board that had taken the decision to fire Altman. Key Points
Economic Times
Sam Altman Is Reinstated to OpenAI’s Board
OpenAI named Sam Altman, its fired-then-rehired CEO, to its Board of directors Friday. It also added three women with executive experience at Sony, Meta, and the Bill & Melinda Gates Foundation. Key Points
WIREDBihar Board Matric, Inter Results: BSEB issues warning against fake calls
Bihar Board Matric, Inter Results 2024: BSEB said answer sheets are barcoded, and their confidentiality is intact. It is not possible to change marks. Key Points
Hindustan TimesUP Board: English, physics exams on March 4; officials on alert
UP Board officials prepared for cheating-free high school and intermediate exams at 8,272 centres with over 28.27 lakh students in the first shift and 15.87 lakh in the second shift. Strict actions planned for any negligence. Key Points
Hindustan TimesVijay Shekhar Sharma exits Paytm Bank board; FM meets startup, fintech CEOs
Vijay Shekhar Sharma is stepping down as part-time non-executive chairman and Board member at Paytm Payments Bank as part of a restructuring. This and more in todays ETtech Morning Dispatch. Key Points
Economic Times'EGM a farce; did not stick to established rules': Byju Raveendran to employees
India Business News: Byju Raveendran, the founder of Byju's, has called the extraordinary general meeting (EGM) a farce and challenges the resolutions passed. He states that the meeting did not stick to established rules. Read more. Key Points
Times Of India
Amazon joins companies arguing US labor Board is unconstitutional
International Business News: Amazon.com has joined rocket maker SpaceX and grocery chain Trader Joe's in claiming that a U.S. labor agency's in-house enforcement proceedings violate the U.S. Constitution, as the retail giant faces scores of cases claiming it interfered with workers' rights to organize. Key Points
Times Of IndiaB-schools, corporates resort to Board games as a training strategy
Board games emerge as innovative teaching tools in B-schools and corporate training sessions. Professors at institutes like IIM Ahmedabad and IIM Udaipur employ them to impart skills like negotiation and decision-making. Customized games, like one used at 3one4 Capital's annual meeting, offer unique learning experiences. With attention spans dwindling, Board games offer interactive and engaging learning opportunities, making them increasingly popular among students and corporate professionals alike. Key Points
Economic TimesElon Musk took drugs with some Tesla Board members: Report
International Business News: The alleged drug use of Elon Musk with Tesla Board members raises concerns about governance and independence. Explore the impact on investor confidence and the challenges faced by the board. Key Points
Times Of IndiaIndian Board game renaissance: How entrepreneurs are making moves in the world of tabletop entertainment
Indian entrepreneurs like Phalgun Polepalli and Sharon Sigamani are leading a renaissance in the country's Board game landscape. Indian designers are creating games with Indian themes to resonate with the local audience. With a surge in local designers, events, and cafes, the industry is experiencing exponential growth and global recognition, overcoming challenges of discovery and distribution. Key Points
Economic TimesGovt reconstitutes the central Board of trustees of EPFO
The CBT is constituted for a period of five years and the last Board was notified on November 9, 2018. The constitution of the new Board will pave way for the much-awaited CBT meeting of the EPFO to decide on interest rates for 2023-24. Key Points
Economic Times
PSEB Board Exams 2024 Datesheet for Class 5th, 8th, 10th and 12th timetables out
PSEB Board Exams 2024 Datesheet for Class 5th, 8th, 10th and 12th has been released. The timetable is given here. Key Points
Hindustan TimesHow to Stop Another OpenAI Meltdown
OpenAI designed its governance structure to protect humanity—and it imploded. The company could take pointers from Mozilla and other projects combining lofty goals with for-profit ventures. Key Points
WIREDHikal board: Baba Kalyani's birthday may bring not-so-happy gifts for the billionaire
Baba Kalyani's reappointment as a director at Hikal is uncertain due to an ownership dispute and his upcoming birthday. His sister, Sugandha Hiremath, who owns 35% of Hikal, is expected to vote against his reappointment. Baba's continuation on the Board remains doubtful, which would end his 31-year association with the company. Key Points
Economic TimesThe recent OpenAI debacle showed us what humanity must stay wary of
The problem is usually never the technology but the business model. And it seems capitalist business models have an edge over societal aims in a field full of profound perils. OpenAI began as a guardian of humanity, twisted itself into a pretzel and then saw the profit motive prevail. Key Points
mintCGBSE Chhattisgarh Board 10th, 12th practical exam dates 2024 out
CGBSE Chhattisgarh 10th, 12th Practical Dates 2024: A notice in this regard has been issued on the official website of the board, cgbse.nic.in. Key Points
Hindustan Times
How to Stop Another OpenAI Meltdown
OpenAI designed its governance structure to protect humanity—and it imploded. The company could take pointers from Mozilla and other projects combining lofty goals with for-profit ventures. Key Points
WIREDUniCredit seeks new chair candidate by early 2024, sources say
UniCredit's (CRDI.MI) Board is working to pick by early January a new candidate to chair the Italian bank as it prepares to hand Chief Executive Andrea Orcel a new contract in spring 2024, two sources close to the matter said. Key Points
ReutersOpenAI’s Boardroom Drama Could Mess Up Your Future
OpenAI’s Board ejected Sam Altman in an apparent attempt to preserve the company mission of keeping AI development safe. The ensuing drama, even after Altman’s return, did not inspire confidence. Key Points
WIREDBoard versus Burmans: Where is Religare's tussle with its biggest shareholder headed?
The Board has no shareholder representation. It has six members including Chairperson Rashmi Saluja who has an executive role. All the other members are retired civil servants except Hamid Ahmed, who is the CEO of Hamdard Laboratories and chancellor of Jamia Hamdard University. Key Points
Economic TimesPakistan beats India 38-18 at UNESCO vote, ‘Global South’ countries may have sided with it
Islamabad's candidate secured the post of vice-chairperson of the UNESCO executive board. India’s defeat contravenes decades of its diplomatic policy approach to such elections. Key Points
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OpenAI unlikely to offer Board seat to Microsoft, other investors - source
ChatGPT owner OpenAI is not expected to offer Microsoft (MSFT.O) and other investors including Khosla Ventures and Thrive Capital seats on its new board, a person familiar with the matter told Reuters on Tuesday. Key Points
ReutersBoard-founder brouhahas: Lessons from the OpenAI-Sam Altman saga; and other top tech, startup stories this
The entire tech world was glued to the drama as we followed the events unfold on Elon Musks X ( formerly Twitter). Props to the US tech press, which covered every aspect of this story, non-stop. Key Points
Economic TimesSam Altman’s Second Coming Sparks New Fears of the AI Apocalypse
Five days of chaos at OpenAI revealed weaknesses in the company’s self-governance. That worries people who believe AI poses an existential risk and proponents of AI regulation. Key Points
WIREDOpenAI’s Boardroom Drama Could Mess Up Your Future
OpenAI’s Board appears to have ejected Sam Altman in an attempt to preserve OpenAI’s mission of keeping AI development safe. The chaotic results have done the exact opposite. Key Points
WIREDFew ways to force OpenAI governance changes, legal experts say
Few people can force OpenAI to change governance at the crisis-stricken artificial-intelligence company, and the head of Microsoft (MSFT.O), a major financial backer, is not one of them, according to legal experts. Key Points
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US FDIC launches special review of alleged of sexual harassment, misconduct
A special committee will oversee a review of alleged toxic workplace culture and sexual harassment, the U.S. Federal Deposit Insurance Corporation announced Tuesday, as the top banking regulator faced a reckoning following reports in the Wall Street Journal this month. Key Points
ReutersOpenAI’s Mira Murati aims to re-hire Sam Altman, Greg Brockman after exits
Murati, who was installed on Friday after the Board fired Altman, is negotiating with Adam DAngelo, the CEO of Quora Inc., who is acting as a representative of the OpenAI board, said the people, who asked not to be identified because the negotiations are private and remain fluid. Key Points
Economic TimesMeta Oversight Board to review handling of video showing unveiled woman in Iran
The Oversight Board for Instagram-owner Meta Platforms (META.O) said on Thursday it was reviewing the app's decision to leave up, remove, and then reinstate, a post that showed a man confronting a woman in Iran for not wearing the hijab in public. Key Points
ReutersAmbani siblings on board: Why India Inc needs more young people at the top
Shareholders of Reliance Industries have voted in favor of appointing Chairman Mukesh Ambani's children, Anant Ambani, Akash Ambani, and Isha Ambani, as non-executive directors on the company board. The decision comes despite concerns voiced by some proxy advisory firms that had recommended voting against Anant's appointment. India has a large young population, and companies may benefit from age diversity on boards, particularly as the business landscape evolves and technology plays a crucial role. Key Points
Economic TimesSweden's Electrolux proposes Torbjorn Loof as new chair
Electrolux (ELUXb.ST) said on Wednesday that it had proposed Torbjorn Loof as its new Board chair at the Swedish company's 2024 annual general meeting. Key Points
Reuters
NEET SS result 2023 out on natboard.edu.in; cut-offs, other details here
Candidates who have appeared in the exam can check it on the official website of the board, natboard.edu.in. Key Points
Hindustan TimesCBSE Board Exam 2024: When can students expect Class 10, 12 date sheets
CBSE Board Exam Time Table 2023 for Class 10, 12: he Board will release date sheets or time tables of Board exams on cbse.gov.in or cbse.nic.in. Key Points
Hindustan TimesTCS Q2 results: Former HDFC CEO Keki Mistry, two others join company's board
Keki Minoo Mistry was the CEO and Vice Chairman of HDFC Ltd since 2010. Post its merger with HDFC Bank, he joined the bank as an additional and non-executive director (Non-Independent) on June 30, 2023. He is also the Non-Executive Chairman of HDFC Ergo General Insurance Company Limited. Key Points
Business TodayStocks in news: TCS, MCX, Delta Corp, Bajaj Auto, Vinati Organics, Aurionpro Solutions
The exchange is set to go live with its new commodity derivative platform from Monday. The exchange will conduct a mock trading session on October 15. Key Points
Economic TimesTop Mediobanca investor files nominees for Board roles
The largest investor in Mediobanca (MDBI.MI) on Tuesday filed its own slate of nominees for the Italian bank's new Board after attempts to find an agreement over the list put forward by Mediobanca's outgoing Board failed. Key Points
Reuters
'Prasoon Joshi should resign for the welfare of the industry,' says former Censor Board chief Pahlaj Nihalani after Tamil actor Vishal's corruption allegations against CBFC
In a statement, the former censor chief was quoted saying, 'I am of the opinion that Prasoon Joshi should resign for the welfare of the industry. If he is not able to give time, then he has no right to continue sitting on that chair.' Key Points
FirstpostOver 5,000 multi-storey illegal flats found in Ghaziabad, large-scale demolition planned
An independent survey commissioned by the Meerut divisional commissioner to uncover illegal constructions within Vasundhara township in Ghaziabad found over 5,000 multi-storey buildings on single-use plots. While the state government prepares to take appropriate action, the violations highlight potential laxity on the part of UP Housing Board officials and developers. Key Points
Economic Times