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Global Energy Alliance to raise $100 mn to digitise electric grids: CEO

GEAPP is a philanthropic body backed by The Rockefeller Foundation, IKEA Foundation and the Bezos Earth Fund

Microsoft to invest $50 bn to expand AI to countries across 'Global South'

The announcement was made at the AI summit in New Delhi, ‌where top executives from global AI giants meet several world leaders this week

Yotta Data Services to build $2 bn AI hub with Nvidia's Blackwell chips

The project includes a four-year engagement worth over $1 billion under which Nvidia will establish one of Asia-Pacific's largest DGX Cloud clusters within Yotta's infrastructure

YouTube down for more than 320,000 users in US, shows Downdetector

There were 321,958 incidents of people reporting issues with the social media platform

Wegovy copycat to be priced competitively with 50-60% discounts: Dr Reddy's

Wegovy's monthly price in India ranges from ₹10,850 ($119.65) for the lowest 0.25 mg dose to ₹16,400 for the highest 2.4 mg dose

Asian stocks rise despite AI worries, oil down after US-Iran talks

Mainland China, Hong Kong, Singapore, Taiwan and South Korean were among markets closed for Lunar New Year holidays

Berkshire Hathaway invests in New York Times, trims stake in Apple

Berkshire said it also sold 4% of its stake in iPhone maker Apple, still its largest equity holding at $62 billion, and 77% of its 10 million shares in online retailer Amazon.com

Crude falls 2% as progress in US-Iran talks raises market optimism

The talks took place amid a US military buildup in the Middle East. Iran's supreme leader said on Tuesday that any US attempt to depose his government would fail

Eli Lilly eyes India as global manufacturing hub amid rising drug demand

Sales of the blockbuster weight-loss drug doubled within months of its launch in India, and became its top-selling medicine by value

Warner Bros rejects revised Paramount bid, but is open to a final offer

Paramount informally broached an even higher per-share price of $31, Warner Bros said, apparently enticing the board to the table

Dr Reddy's plans to launch generic obesity drug at up to 60% discount

The company ​last month received an approval from ‌India's drug regulator ​to manufacture ‌and sell the generic version ‌of blockbuster diabetes drug Ozempic

Infosys reveals AI accounted 5.5% of its revenue share in Dec quarter

The disclosure comes as India's $283 billion IT industry faces rising investor concerns about AI's potential to disrupt traditional, labour-intensive outsourcing models

Dabur elevates Mohit Malhotra as global CEO, names Herjit Bhalla India CEO

Bhalla, who will take over the role on April 15, is currently vice ‌president, Canada & Global Customers at U.S.-based confectionery giant Hershey Co

Maruti Suzuki launches its first EV with battery rental scheme

The car has ​been ‌developed under parent Suzuki Motor's ‌global design and manufacturing partnership with ‌Toyota and is ​built in ​India

Reliance-backed Zivame bets on small cities with 60-80 new stores: COO

Zivame is focusing on India's tier-2 and tier-3 cities for its next phase of growth, where demand is increasingly mirroring that of metro markets as social media accelerates adoption

Naturals plans IPO by 2028 if stake talks with Reliance fail: Executive

With about 900 outlets, Naturals is one of India's largest organised salon chains, ahead of peers such as Lakme and Geetanjali Salon, in a market otherwise dominated by unorganised players

Three US-sanctioned oil tankers linked to Iran likely seized by India

The seizures and heightened surveillance follow an improvement in US-India relations

Asian markets make cautious start, oil rises ahead of US-Iran talks

Mainland Chinese, Hong Kong, ​Singapore, Taiwan and South Korea markets were closed on Tuesday for Lunar New Year ​holidays. US markets were shut on Monday for Presidents' Day

India seizes Iran-linked US-sanctioned tankers, steps up surveillance

The Indian Coast Guard has since deployed about 55 ships ​and 10 to 12 aircraft for round-the-clock surveillance in its maritime zones, according to the ‌source

X down for thousands of users in the US and UK, shows Downdetector

The actual number of affected users may differ from what's shown on Downdetector because these reports are user-submitted