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Microsoft signs multi-year deal with OpenAI's French rival Mistral

The multi-year deal signals Microsoft's efforts to offer a variety of AI models beyond its biggest bet in OpenAI as the tech giant seeks to attract more customers for its Azure cloud services

Navalny was close to being freed from prison before his death, says ally

There was no immediate comment from the Kremlin and Navalny ally Maria Pevchikh, who is based outside Russia, did not present documentary evidence for her assertion

Chipmaker Broadcom sells remote-access unit to PE firm KKR in $4 bn deal

The end-user computing (EUC) unit will become a standalone company and will continue to be run by its existing management team led by Shankar Iyer, KKR said in a statement on Monday

Bank of England builds 'proactive case' to regulate non-banking sector

A central banker said that one way to overcome this would be to use capital and liquidity rules to influence how banks, which central banks regulate, interact with non-banks

Providence Health bulks up India services unit to tap more clients

The facility, which currently employs around 1,400 people, plans to partner with more hospital operators and, with it, increase its headcount to 3,500 next year, CEO Rod Hochman told Reuters

Food weighting in CPI may be cut as spending shifts, says official

Food's weighting in the consumer price index could be lowered in the next revision of the basket of goods due to be completed by next year, the official who declined to be identified told Reuters

Canara Bank board approves 5-for-1 stock split to increase affordability

The lender would need two months to get an approval for the stock split from the Reserve Bank of India, it said in an exchange filing

Paytm likely to partner with four banks for enabling UPI transactions

The central bank has asked Paytm Payments Bank, the banking unit of Paytm to wind down its business by March 15, leading to disruption for the popular payment app

Adani Group unveils defence complex, $362 million investment plan

The plans highlight the ports-to-power conglomerate's ambitions in the lucrative defence sector where manufacturing is largely dominated by government-owned companies

Paytm likely to partner with four banks for enabling UPI transactions

The central bank has asked Paytm Payments Bank, the banking unit of Paytm to wind down its business by March 15, leading to disruption for the popular payment app

Govt mulls export tax on low-grade iron ore amid call to curb overseas sale

Indian iron ore exports touched 32.2 million metric tons during the first nine months of the current fiscal year that began in April 2023 - worth $2.7 billion - from 9.5 million tons a year ago

Economic growth likely slowed to 6.6% as agriculture lagged: Poll

Strong capital expenditure by the Indian government ahead of a national election due in May was a primary driver of growth in the previous few quarters

Domino's Pizza loyalty program revamp, tie-up with Uber Eats drive up sales

Shares of the company were up nearly 6% in premarket trade, as it also raised its quarterly dividend by 25% to $1.51 per share and announced an additional $1 billion share buyback plan

Cost concerns could delay AI ramp up among IT clients: Infosys exec

While some companies may not be ready for AI scale-up due to reasons such as not being data-ready, the technology is being adopted rapidly by others for the higher opportunity it provides, he said

Govt's dividend income from RBI in FY25 to be similar to FY24: Report

For fiscal 2025, the government has budgeted a 1.02 trillion rupees surplus transfer from RBI and public sector banks, but had not provided a break-up between the two in the budget

YES Bank to boost lending to mid-sized cos to improve return on assets: CEO

Yes Bank's return on assets - which is the ratio of how profitable a company is compared with its total assets - was at 0.2% for the October-December quarter

RBI lifting curbs on forex non-deliverable forward arbitrage by banks

Arbitrage trades allow investors to benefit from the price differences of securities in different markets but can exaggerate price trends

Yemen's Houthis ballistic missile misses fuel tanker Torm Thor, says US

The Iran-aligned group said on Sunday that they targeted the tanker, as the militants continue to attack shipping lanes in solidarity with Palestinians in Gaza

'Not in dreamland': WTO aims for modest outcomes at Abu Dhabi meet

'Tough' politics complicate deal-making, says Ngozi Okonjo-Iweala, WTO chief

'Nikki who?': Trump campaign dismisses Haley after South Carolina win

Saturday's win in South Carolina makes Trump's march towards the Republican presidential nomination appear inevitable, and leaves Haley, despite her vow to battle on, no clear path to beating him