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Sony, TSMC to invest $6.3 billion in next-gen image sensor microchips

A joint ‌venture owned about ​60% by Sony ​and 40% by TSMC will start commercial ​production as early as 2029 in southern Japan's Kumamoto prefecture

Meta launches new AI model as Zuckerberg champions open-weight push

Meta CEO Mark Zuckerberg urged the US to reduce policy barriers around open-weight AI as the company unveiled a new model designed to run agentic tasks on personal computers

Some employee data allegedly exposed, customer data unaffected: TCS

TCS said it had safeguards in place for more than two years against the method used to carry out the attack. The IT firm's operational systems have not been affected, it added

FSSAI crackdown: Thousands of Diageo whisky, vodka bottles seized

The action affects brands including Smirnoff, DSP Black Deluxe and VAT 69, after inspectors found required government-mandated recycled PET markings missing.

Govt mulls curbing use of cane for ethanol to tame record-high sugar prices

Mills diverted about 3 million metric tonnes of sugar, or around 10 per cent of total output, to ethanol production during the current year ending in September

Hindustan Copper plans to sell Chile mine output to Hindalco, Adani

The state-run miner is exploring a joint venture with Chile's Codelco as India seeks to secure copper supplies

Thermo Fisher eyes 15-20% India customer growth on biopharma research boost

The US-based company said it is eyeing continued double-digit growth in India driven by rising demand from biopharma, semiconductor, and clean energy sectors

CESC unit to acquire renewable assets from ReNew Solar for $510 million

The transaction, expected to close before October 31, will be funded by the parent company, and will accelerate the group's plan to build a 10 GW renewable energy platform over the next few years

Chinese startup Moonshot's AI model escapes testing sandbox: Researchers

AI ​models are typically run in isolated 'sandboxes' during cybersecurity tests to block access to external information and assess their ability to solve problems independently

OpenAI flags possible critical cybersecurity risk in upcoming model Astra

Preliminary ​evaluations over the past several days, along with outside expert assessments, indicated Astra may be capable of performing increasingly sophisticated cyber tasks autonomously

Mac users in China can connect to Alibaba's Qwen AI service, says Apple

The integration gives Mac users in mainland China access to Qwen-powered AI features for analysing documents and images and generating content

Apple tests China's CXMT chips for iPhones, MacBooks amid supply crunch

Apple ​held early talks with CXMT, which is China's largest chipmaker by market value, about supplying components with ​the goal of using them in ‌some devices sold in China

Asian stocks edge higher as Nikkei, Kospi gain on softer US jobs data

Japan's Nikkei followed that lead and rose 0.6% on Monday, while South Korea added 0.5%

Oil prices rise on uncertainty over reopening of Strait of Hormuz

Brent crude futures rose 91 cents or 1.09%, to $84.46 a barrel by 0056 GMT, while US West Texas Intermediate crude futures rose 61 cents, or 0.78% to $78.79 a barrel

Talks with US won't happen while interim deal is breached: Iranian minister

Iran says it will not resume talks with the US while Washington breaches a June interim deal, while an agreement with Oman on Strait of Hormuz shipping lanes nears completion

Israel rejects Trump's 15-point plan for Gaza, says PM Benjamin Netanyahu

Israel rejects Trump's Gaza peace plan and says it will not withdraw until Hamas fully disarms, raising fresh uncertainty over the ceasefire

Maruti sees passenger vehicle market rising to up to 6.3 mn units by 2031

Maruti is reassessing its five-year growth targets as it expects the small-car segment to expand significantly faster than in the past five years, the company said in a statement

China's producer inflation eases to 3-month low in July, CPI slows

China's ​leaders, confronting a two-speed ​economy of strong factory output and exports but weak ​domestic demand, have pledged to bolster growth by accelerating fiscal spending

Iran says Hormuz reopening depends on US accepting its conditions

A US official on ​Friday reported progress between Iran and Oman that could soon reopen the ​Strait of Hormuz

FSSAI calls Diageo's 'matured in American oak casks' claim misleading

United Spirits told stock exchanges this week it anticipated no financial implications from the ban but ​it was closely monitoring the matter