Mistral’s €3 billion open AI bet: Why Samsung, ASML are backing it and what’s next for French startup?

The Indian stock market is set to open higher on 20 August, supported by positive global cues. The Nifty 50 closed lower at 24,078.30, while analysts stress cautious trading with vital support levels at 24,000 for recovery and key resistance at 24,250–24,350.

Aswath Damodaran has challenged Vinod Khosla’s view that companies should prioritise scaling over profitability. Damodaran argues that the right balance depends on factors such as market size, competition, capital intensity and unit economics. He warns that blindly chasing scale can turn small business failures into larger ones and create unsustainable models.

Squadron Leader Bhawana Kanth became the first Indian woman to complete the elite Fighter Combat Leader course. Captain Shivani Sehrawat is now the first woman officer appointed Aide-de-Camp to the Army chief. Kanth previously qualified for daytime combat missions on a MiG-21 Bison aircraft. She later transitioned to piloting the advanced Sukhoi Su-30 MKI frontline…