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Hon Hai offers Renault a lifeline, says open to buying its stake in Nissan

The company, known also as Foxconn, had adopted a wait-and-see attitude while Honda and Nissan worked out a plan to integrate their businesses

Hon Hai offers Renault a lifeline, says open to buying its stake in Nissan
Updated On : 12 Feb 2025 | 1:45 PM IST

IOC, BPCL to sign multibillion-dollar LNG purchase deals With Adnoc

The deals highlight India's plan to more than double the share of gas in its energy mix by the end of this decade

IOC, BPCL to sign multibillion-dollar LNG purchase deals With Adnoc
Updated On : 12 Feb 2025 | 1:03 PM IST

Here's why China's DeepSeek is India's final call to board the AI flight

Unless the most-populous nation puts its globally acknowledged edge in software programming to work, the moment will pass it by

Here's why China's DeepSeek is India's final call to board the AI flight
Updated On : 12 Feb 2025 | 8:05 AM IST

Airlines urge Trump admin to end Biden's push on paying stranded customers

The proposal being considered would require airlines to pay stranded passengers at least $200, and as much as $775, in cash when a disruption is caused by the carrier

Airlines urge Trump admin to end Biden's push on paying stranded customers
Updated On : 12 Feb 2025 | 7:25 AM IST

Apple renames Gulf of Mexico to Gulf of America on Maps after Trump's order

The change comes after the US government updated its official map to reflect the new name. Alphabet Inc.'s Google made a similar update to its Google Maps app earlier this week

Apple renames Gulf of Mexico to Gulf of America on Maps after Trump's order
Updated On : 12 Feb 2025 | 7:21 AM IST

President Trump directs federal job cuts as Musk defends downsizing

Agencies will be permitted to hire no more than one employee for every four workers leaving the government, the document said

President Trump directs federal job cuts as Musk defends downsizing
Updated On : 12 Feb 2025 | 7:16 AM IST

Elon Musk's bid to control OpenAI complicates for-profit transition

Musk, who has since launched a rival AI firm, has fired off angry posts about Altman on his social media platform, filed two lawsuits against the company for straying from its founding principles

Elon Musk's bid to control OpenAI complicates for-profit transition
Updated On : 12 Feb 2025 | 7:09 AM IST

US, UK refuse to sign AI summit communique calling for 'global governance'

In a speech before the communique was released, Vice President JD Vance argued strongly against the European Union's tough regulatory approach to social-media platforms and AI

US, UK refuse to sign AI summit communique calling for 'global governance'
Updated On : 11 Feb 2025 | 10:31 PM IST

Google, SoftBank back quantum computing startup QuEra in $230 million deal

QuEra Interim Chief Executive Officer Andy Ory said the latest funding round came together quickly - "in a matter of weeks" - after the startup cleared a series of technical challenges

Google, SoftBank back quantum computing startup QuEra in $230 million deal
Updated On : 11 Feb 2025 | 6:38 PM IST

Bajaj Group likely to make an investment of Rs 10,000 cr for hospital chain

Bajaj's move coincides with growth in Indian health care as the nation's wealth and insurance coverage increases and the number of people reaching retirement age accelerates

Bajaj Group likely to make an investment of Rs 10,000 cr for hospital chain
Updated On : 11 Feb 2025 | 11:20 AM IST

PM Modi's gas goals hampered by country's $67 billion infrastructure gap

India aims to more than double the share of gas in its energy mix to 15 per cent by 2030, but for about a decade the share has remained static at less than half that level

PM Modi's gas goals hampered by country's $67 billion infrastructure gap
Updated On : 11 Feb 2025 | 10:59 AM IST

NTPC eyes expansion, in talks with foreign firms for nuclear buildout

Prime Minister Narendra Modi's government is seeking to revive interest in India's nuclear power potential, promising easier regulations for suppliers and more than $2 billion of public resources

NTPC eyes expansion, in talks with foreign firms for nuclear buildout
Updated On : 11 Feb 2025 | 10:35 AM IST

Avendus Capital attracts domestic insurers hunting for private funds

Avendus Capital, the investment bank, which is backed by KKR & Co, is raising as much as Rs 3,000 crore ($343 million) for its Future Leaders Fund III

Avendus Capital attracts domestic insurers hunting for private funds
Updated On : 11 Feb 2025 | 10:12 AM IST

Trump's plan to ditch the penny comes with a twist, it may not save much

The penny, a staple of US currency since since 1793, costs more than 3 cents to make, costing the government a net loss of $85 million, per the US Mint's 2024 annual report

Trump's plan to ditch the penny comes with a twist, it may not save much
Updated On : 11 Feb 2025 | 9:06 AM IST

Meta starts eliminating jobs in shift to find AI talent to dominate race

Meta workers who were let go were notified via email, and the company is offering US-based employees severance packages that include 16 weeks of salary, in addition two weeks for each year of service

Meta starts eliminating jobs in shift to find AI talent to dominate race
Updated On : 11 Feb 2025 | 8:43 AM IST

Morgan Stanley sets $3 billion X loan to tap into Elon Musk mania

The sales mark a surprising turnaround for what had initially been seen as an ill-fated financing of Musk's 2022 takeover of Twitter Inc., as the site was then called

Morgan Stanley sets $3 billion X loan to tap into Elon Musk mania
Updated On : 11 Feb 2025 | 8:37 AM IST

SoftBank chief Son explores debt-heavy financing for $500 billion AI push

The Japanese billionaire is looking at a technique called project financing that is sometimes linked with oil and gas projects, according to people familiar with the matter

SoftBank chief Son explores debt-heavy financing for $500 billion AI push
Updated On : 11 Feb 2025 | 8:30 AM IST

Australian PM Albanese gets Prez Trump to consider exemption on tariffs

Albanese, who must hold an election by May 17, has been under intense pressure from local lawmakers and executives to secure tariff exemptions for Australia's steel and aluminum exports to the US

Australian PM Albanese gets Prez Trump to consider exemption on tariffs
Updated On : 11 Feb 2025 | 8:24 AM IST

Two private jets crash at Arizona airport; 1 dead, several others injured

Scottsdale Fire Captain Dave Folio told reporters that at least five people were involved in the crash. Two were transported to hospital trauma centers, while another remains in stable condition

Two private jets crash at Arizona airport; 1 dead, several others injured
Updated On : 11 Feb 2025 | 7:22 AM IST

Donald Trump says Palestinians won't have right of return in Gaza plan

Trump's Gaza plans are expected to be among the topics when Jordan's King Abdullah II holds a scheduled meeting with him in Washington on Tuesday

Donald Trump says Palestinians won't have right of return in Gaza plan
Updated On : 10 Feb 2025 | 11:11 PM IST