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LTIMindtree appoints Venugopal Lambu as CEO, succeeding Debashis Chatterjee

Debashis Chatterjee, or DC as he is colloquially known in the industry, took over the reins of LTIMindtree in November 2022 after the merger of Larsen & Toubro firms L&T Infotech and Mindtree

Putin ready to speak to Trump, wants to start nuclear cuts talks: Kremlin

Russian President Vladimir Putin has also made clear he wants to restart nuclear arms cuts talks as soon as possible

Rupee posts biggest weekly gain in over a year, underperforms peers

The dollar/rupee forward premiums, meanwhile, extended declines this week, as the Reserve Bank of India conducted buy/sell swaps alongside its spot intervention

LG Energy Solution plans to cut capex on slowing EV demand after Q4 loss

The company, which makes batteries for Tesla, General Motors and Volkswagen, reported an operating loss of 226 billion won ($158 million) for the October-December period

Competition watchdog seeks official documents in Pernod Ricard probe

In the Delhi antitrust case, Pernod has been accused of asking retailers in 2021 to ensure 35 per cent of their stock consisted of the French company's brands

Taiwan's HTC to sell part of its XR headset unit to Google for $250 million

Google said that the latest deal would accelerate the development of the Android XR platform and strengthen the ecosystem for headsets and glasses

Epic Games kicks off plan to add third-party games to own mobile store

Epic Games will launch a program to offer free games on its mobile store, starting with titles such as "Bloons TD 6" and "Dungeon of the Endless: Apogee"

OpenAI unveils new AI agent called 'Operator' to to automate web tasks

Agents, which are systems that can execute actions such as making purchases and scheduling meetings without direct human intervention, are now at the forefront of companies' AI agenda

Perplexity introduces AI assistant for Android to challenge Alexa, ChatGPT

The new Perplexity Assistant can book dinner reservations, hail rides on apps and set reminders, among other actions

January's biz growth at 14-month low due to weak services demand: PMI data

Composite job creation reached an all-time high since the survey's inception in December 2005.

Not sure if US should be spending anything on Nato, says Donald Trump

Washington finances 15.8 per cent of the 32-member military alliance's yearly expenditure of around $3.5 billion, joint-largest share, alongside Germany

Britain gives Rolls-Royce a $11 billion nuclear submarine contract

The eight-year deal will strengthen the Royal Navy's continuous at-sea deterrent - under which at least one nuclear-armed ballistic missile submarine patrols the seas at all times

Hyundai Motor forecasts slowing revenue growth in 2025 after Q4 miss

Hyundai reported operating profit of 2.8 trillion won ($1.95 billion) for October-December as it spent more on promotions in a slowing car market

B'desh high growth under ousted PM Hasina was 'fake': Interim head Yunus

Hasina has been credited with turning around the economy and the country's massive garments industry during her 15 years in power, although critics have accused her of human rights violations

TikTok's ByteDance plans $20 billion capex in 2025, mostly on AI: Report

The privately held technology giant plans to spend about half of the amount abroad on AI-related infrastructure, primarily data centres and networking equipment

'Optimistic' about Trump administration, says drugmaker Dr Reddy's

Earlier in the day, the generic drugmaker reported consolidated net profit of Rs 1,414 crore ($163.7 million) for the quarter ended Dec. 31

Mphasis Q3 results: Net profit jumps 15% to Rs 428 crore, revenue up 7%

The company's consolidated net profit grew nearly 15 per cent to Rs 428 crore ($49.54 million) for the quarter ended Dec. 31 compared with analysts' expectations of Rs 426 crore

US weekly unemployment claims increase marginally to 223,000: Labour dept

Initial claims for state unemployment benefits increased 6,000 to a seasonally adjusted 223,000 for the week ended Jan 18

Cyient Q3FY25 results: Net profit declines to Rs 122 cr on higher costs

Its profit declined to Rs 122 crore ($14.12 million) for the three months ended Dec. 31, from Rs 147 crore a year ago

Russia rejects idea of Nato peacekeepers in Ukraine in event of a ceasefire

Ukrainian President Volodymyr Zelenskiy, who is seeking a meeting with Trump, said on Tuesday that at least 200,000 European peacekeepers would be needed to prevent a new Russian attack