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Billionaire Sunil Mittal's firm sells Airtel stake worth $976 million

Indian Continental Investment Ltd., a founder entity of Bharti Airtel Ltd. sold 0.84 per cent stake or 51 million shares for Rs 8,485 crore ($976 million)

Billionaire Sunil Mittal's firm sells Airtel stake worth $976 million
Updated On : 18 Feb 2025 | 1:25 PM IST

Musk's xAI unveils new AI chatbot Grok-3 to rival ChatGPT, DeepSeek

Grok-3 is rolling out to Premium+ subscribers on X immediately. The company is starting a new subscription called SuperGrok for the Grok mobile app and Grok.com website

Musk's xAI unveils new AI chatbot Grok-3 to rival ChatGPT, DeepSeek
Updated On : 18 Feb 2025 | 10:51 AM IST

DeepSeek in running to power China weather agency's forecasts, observations

DeepSeek has demonstrated a breakthrough lower-cost AI model that is seen as being competitive with those of OpenAI and Meta Platforms Inc

DeepSeek in running to power China weather agency's forecasts, observations
Updated On : 18 Feb 2025 | 9:49 AM IST

LG Electronics kicks off roadshows to launch $1.5 bn India IPO this year

Bloomberg has also reported the IPO could raise $1 billion to $1.5 billion and value LG India at as much as $15 billion

LG Electronics kicks off roadshows to launch $1.5 bn India IPO this year
Updated On : 18 Feb 2025 | 9:47 AM IST

Temasek-backed meat delivery startup Licious targets $2 billion IPO

Licious, founded in 2015, is the latest to join the queue for India's IPO market after a blockbuster year for listings in 2024 when more than $20 billion was raised by local firms

Temasek-backed meat delivery startup Licious targets $2 billion IPO
Updated On : 18 Feb 2025 | 9:47 AM IST

OpenAI co-founder Sutskever's startup to raise funds at $30 bn valuation

Greenoaks Capital Partners, a San Francisco-based venture capital firm, is leading the deal for the startup, Safe Superintelligence, and plans to invest $500 million

OpenAI co-founder Sutskever's startup to raise funds at $30 bn valuation
Updated On : 18 Feb 2025 | 8:11 AM IST

Singapore's PM Wong likely to ramp up spending going into election year

Wong, who is also finance minister, is expected to focus on bringing down living costs and boosting social aid when he delivers a budget speech later today

Singapore's PM Wong likely to ramp up spending going into election year
Updated On : 18 Feb 2025 | 8:02 AM IST

Tesla begins hiring in India, signals entry plans after PM Modi's US trip

The electric-vehicle maker sought candidates for 13 roles, including customer-facing and back-end jobs, according to advertisements on Monday on its LinkedIn page

Tesla begins hiring in India, signals entry plans after PM Modi's US trip
Updated On : 18 Feb 2025 | 7:33 AM IST

If you travel for work, try living in a hotel instead of a home: Report

I stayed at different properties, but the Standards in New York, both the one in the East Village and the High Line ended up on heavy rotation for me

If you travel for work, try living in a hotel instead of a home: Report
Updated On : 17 Feb 2025 | 11:33 PM IST

Xi Jinping offers support to Jack Ma, other private sector leaders in China

Few China watchers expect the government to revert to its pre-2020 stance, even as it seeks to shore up the economy for a potential trade war with the US under President Donald Trump

Xi Jinping offers support to Jack Ma, other private sector leaders in China
Updated On : 17 Feb 2025 | 10:48 PM IST

Vedanta creditors to meet on Feb 18 for final vote on demerger plan

Both secured and unsecured lenders will discuss the much-awaited overhaul plan on Feb 18 and vote on it, according to a statement from the company

Vedanta creditors to meet on Feb 18 for final vote on demerger plan
Updated On : 17 Feb 2025 | 10:42 PM IST

India's lower sugar output tightens global supply, lifts white sugar prices

The Indian government in January permitted mills to ship as much as 1 million tons in the current season, easing restrictions that curbed overseas sales for more than a year

India's lower sugar output tightens global supply, lifts white sugar prices
Updated On : 17 Feb 2025 | 10:19 PM IST

Govt plans more tariff changes to curb US President Trump's trade threats

Weeks after she unveiled sweeping cuts to duties on imports from textiles to motorcycles, India's finance minister said that she will carry on the process of reforming the nation's tariff regime

Govt plans more tariff changes to curb US President Trump's trade threats
Updated On : 17 Feb 2025 | 6:36 PM IST

Opec+ mulls delaying April oil supply restart amid market concerns

The OPEC+ alliance first unveiled its plans for gradually reviving production in June last year, but with oil demand growth slowing in China and new supplies across the Americas swelling

Opec+ mulls delaying April oil supply restart amid market concerns
Updated On : 17 Feb 2025 | 4:12 PM IST

Despite plans to invest $80 bn, Microsoft admits that AI is making us dumb

The study, carried out in conjunction with researchers at Carnegie Mellon University, surveyed 319 knowledge workers about how they used AI

Despite plans to invest $80 bn, Microsoft admits that AI is making us dumb
Updated On : 17 Feb 2025 | 11:22 AM IST

Xi Jinping, Jack Ma talks may act as next catalyst for China's tech rally

China is well aware that innovation is the key driver for productivity growth. Xi has continuously pushed for "new productive forces" amid the US curbs on high-end chips to China

Xi Jinping, Jack Ma talks may act as next catalyst for China's tech rally
Updated On : 17 Feb 2025 | 8:11 AM IST

Former Mauritian PM Jugnauth arrested in money laundering investigation

Jugnauth denies the allegation, lawyer Raouf Gulbul said in an interview posted on defimedia.info's Facebook page

Former Mauritian PM Jugnauth arrested in money laundering investigation
Updated On : 16 Feb 2025 | 11:07 AM IST

Canada's Pierre Poilievre pitches natural-resource revamp to counter Trump

The opposition leader aimed to persuade Canadians that he's the best candidate to lead the country in a looming tariff war

Canada's Pierre Poilievre pitches natural-resource revamp to counter Trump
Updated On : 16 Feb 2025 | 8:58 AM IST

DeepSeek drives $1.3 trillion China stock rally as investors rush in

Hedge funds have been piling into Chinese equities at the fastest pace in months as bullishness on the DeepSeek-driven technology rally adds to hopes for more economic stimulus

DeepSeek drives $1.3 trillion China stock rally as investors rush in
Updated On : 16 Feb 2025 | 8:44 AM IST

Trump at WH: With over 70 lawsuits filed, 7 important cases to watch

The cases, brought by nonprofits, state attorneys general, civil rights groups and private citizens, challenge Trump's directives to freeze trillions of dollars in federal funding

Trump at WH: With over 70 lawsuits filed, 7 important cases to watch
Updated On : 15 Feb 2025 | 9:38 PM IST