Day: March 20, 2025

Automaker Renault India on Thursday said it will increase prices of its entire model range by up to 2 per cent from April.

The extent of the increase will vary for different variants and models, the company said in a statement.

The decision comes in response to the constantly increasing input costs that the company has been absorbing for a significant period, it added.

“Despite our best efforts to maintain prices for a long time, the sustained increase in input costs has necessitated this price adjustment,” Renault India Country CEO and MD Venkatram Mamillapalle said.

The company has been absorbing these costs for a long time to support customers, but to continue providing the best quality and innovative products, a price revision has become inevitable, he added.

This is the first price hike announced by Renault India since Feb 2023, the automaker noted.

Various carmakers, including Maruti Suzuki, Hyundai, Tata Motors, Kia India and Honda Cars, have already announced plans to hike vehicle prices from next month citing rising input costs.

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The Ministry of Electronics and Information Technology (MeitY) is in touch with Elon Musk’s social media platform X regarding recent instances where its AI chatbot, Grok, responded using Hindi slangs and expletives. 

The IT ministry is looking into the issue and plans to investigate the factors that led to the chatbot’s use of inappropriate language. “We are in touch, we are talking to them (X) to find out why it is happening and what are the issues. They are engaging with us,” news agency PTI quoted ministry sources as saying.   

Recently, Grok stunned users by generating responses filled with slang and expletives when provoked. On topics like politics, cinema, and celebrities, some responses appeared unexpectedly opinionated.

Additionally, the chatbot has used regional slang and abusive terms in certain interactions. In one instance, Grok even described Elon Musk as a “major disinformation spreader.” 

In one of the exchanges on X, a user asked Grok to list his “10 best mutuals.” When there was no immediate response, the user followed up with a comment including a Hindi expletive aimed at the AI. In its response, Grok directed the same expletive at the user.

What triggers Grok’s unconventional responses?

Grok, developed by xAI, is an advanced conversational AI assistant powered by a sophisticated Large Language Model (LLM) architecture. Announcing its launch in November 2023, xAI stated the AI chatbot was designed to understand and generate human-like language, with a focus on reasoning and problem-solving.

“Grok is designed to answer questions with a bit of wit and has a rebellious streak, so please don’t use it if you hate humor,” xAI said in a blog post announcing Grok. 

Grok 3 was launched on February 17 this year, boasting a tenfold increase in computing power compared to its predecessor, Grok 2. It features a unique ‘Think’ mode that allows it to reason for extended periods before providing answers. 

Grok 3 introduces innovative capabilities such as DeepSearch, which synthesises data from various sources quickly, and multimodal functionalities for text and image interactions.

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Billionaire Gautam Adani is in advanced talks to buy the Indian unit of Dubai-based developer Emaar Group at a potential enterprise value of $1.4 billion, according to people familiar with the matter, helping Asia’s second-richest person expand in real estate. 

The Adani family and Emaar are discussing the structure of a transaction, which could include an unlisted Adani unit infusing about $400 million in equity, the people said, asking not to be identified because the information is private. 

An agreement could be reached soon as April, but there’s no guarantee of a deal as talks are ongoing, the people said.

Representatives for Adani Group and Emaar didn’t respond to requests for comment. 

Emaar said in January it was in discussions with some groups in India, including Adani, about a potential sale of a stake in Emaar India Ltd.

Portfolio Boost

An acquisition of the Emaar unit would enlarge Adani’s real estate portfolio in India, which covers 24 million square feet of property and another 61 million under development, according to its website. 

The Adani family’s real estate unit emerged as the top bidder to redevelop one of the largest housing projects in Mumbai at an estimated 360 billion rupees, Bloomberg News reported this month.

Adani is also in redeveloping Mumbai’s Dharavi slum, one of the biggest in the world and the backdrop to Hollywood movie Slumdog Millionaire. 

Emaar India is developing residential and commercial projects in places including New Delhi, Punjab, Uttar Pradesh, Madhya Pradesh and Rajasthan.

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