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Dell, Super Micro shares jump on reports of 'AI Factory' for Elon Musks xAI

"Our size, scale and breadth of solutions position us well for large-scale projects like these," the company said in a statement

SoftBank founder Masayoshi Son ready for next big tech bet after hiatus

The billionaire warned his next big endeavor could be a big hit or a bad flop, but that SoftBank had no choice but to try

Hinduja Group planning to raise Rs 7,300 cr to partly fund RCap buy

It has mandated Barclays Plc and 360 ONE as arrangers and underwriters for the issuance, the people said, asking not to be identified as the discussions are private

Hinduja Group starts bond sale process to fund buying Reliance Capital

It has mandated Barclays Plc and 360 ONE as arrangers and underwriters for the issuance, the people said, asking not to be identified as the discussions are private

Go long on 30-year bonds to play India story, says veteran fund manager

The government's push for fiscal discipline, compression in the current account deficit and the central bank's focus on inflation have strengthened the case for yields to drop

737 Max crash victims' families demand $25 billion fine on Boeing

The letter comes a day after Boeing Chief Executive Officer Dave Calhoun faced a public grilling from US senators, who called on the company to fix its "broken safety culture"

China has no favourite in Biden-Trump electoral race, finds US Intelligence

The conclusion suggests that officials in Beijing, like their counterparts in Washington, believe that ties between the world's two largest economies will continue

India's biggest bond holders sell into JPMorgan-induced demand: Report

Most foreign portfolio investors use foreign banks based in India as custodians for their investment operations

Hyundai's IPO poised to boost already-buzzing Indian automakers' valuations

Local auto stocks have already added $70 billion in market value so far this year, rising nearly 40 per cent - over four times the advance in the country's equity benchmark

India set to register biggest jump in coal-fired power in a decade

The world's most populous nation expects to add 15.4 gigawatts in the year through March 2025, the most in nine years

TikTok child privacy case referred to US Justice Dept over violations

The FTC was looking into the social media company over potential violations of federal law that protects children on the internet

Chipmaker firm Nvidia's 591,078% rally to most valuable stock came in waves

On Tuesday, that run culminated in Nvidia unseating Microsoft Corp. as the world's most valuable company with a market capitalisation of $3.34 trillion

Commercial properties become stranded across Europe poor energy performance

The development is playing out as the commercial market struggles to right itself after years of turbulence due to higher interest rates and volatile post-pandemic occupancy rates

Wealthy Indians jump through hoops to secure weight-loss drugs like Ozempic

Indi had the third largest number of people with obesity as of 2022, behind China and the US, according to a study in The Lancet, with numbers surging as junk food consumption becomes more commonplace

Boeing mishandled, lost track of up to 400 bad 737 parts: Whistleblower

The claims were detailed in a June 11 complaint by Boeing inspector Sam Mohawk with the Occupational Safety and Health Administration and were made public by a US Senate subcommittee on Tuesday

Scams keep haunting crypto market, aided by AI, social media: Report

Scams continue to haunt the asset class, and there are signs they have picked up again amid this year's rebound in the market

Nvidia becomes world's most valuable company as AI rally steams ahead

Shares rose as much as 3.4% to about $3.3 trillion on Tuesday, catapulting it over Microsoft Corp. and Apple Inc

Huawei considering fee for in-app purchases as it surpasses iPhone in China

The Shenzhen-based company is weighing a commission lower than the typical 30 per cent cut that Apple and Alphabet Inc.'s Google take for payments made via their mobile stores

Ahead of JP Morgan's inclusion, HSBC sees $250 mn of India swap deals

The British bank, via its unit in the International Financial Services Centres Authority, carried out the so-called total return swap deals worth more than $250 million

Adani Ports leads global peers in market value as cargo volumes surge

Adani Ports & Special Economic Zone Ltd.'s market capitalisation has climbed to about $37 billion