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Bloomberg

Bloomberg

Mukesh Ambani's record India IPO for Jio delayed by regulatory limbo

Ambani said in August that Reliance was aiming to list Jio in the first half of 2026, a plan he had first signaled 2019 - back then with a five-year timeline

Mukesh Ambani's record India IPO for Jio delayed by regulatory limbo
Updated On : 06 Mar 2026 | 3:49 PM IST

Indian refiners move quickly to buy Russian oil after US relaxes curbs

There's around 15 million barrels of Russian crude on tankers in the Arabian Sea and the Bay of Bengal, while vessels carrying another 7 million are idling near Singapore

Indian refiners move quickly to buy Russian oil after US relaxes curbs
Updated On : 06 Mar 2026 | 1:30 PM IST

Anthropic to fight Pentagon in court over supply chain risk label

Earlier Thursday, the Pentagon formally notified Anthropic that the company and its products pose a risk to the US supply chain

Anthropic to fight Pentagon in court over supply chain risk label
Updated On : 06 Mar 2026 | 10:37 AM IST

SoftBank seeks up to $40 billion loan to finance major OpenAI investment

The Japanese company, which held about 11 per cent in OpenAI at the end of December, has unloaded assets including its stake in Nvidia Corp., to bankroll its growing bet on OpenAI

SoftBank seeks up to $40 billion loan to finance major OpenAI investment
Updated On : 06 Mar 2026 | 10:33 AM IST

Oracle plans thousands of job cuts amid costly AI data centre expansion

The reductions being planned are expected to be wider-reaching than the company's typical rolling job cuts

Oracle plans thousands of job cuts amid costly AI data centre expansion
Updated On : 06 Mar 2026 | 9:40 AM IST

'As dead as fried chicken': Why Trump fired Kristi Noem after ad row

US President Donald Trump grew angry after Noem told lawmakers that he had personally approved the campaign; Trump hadn't

'As dead as fried chicken': Why Trump fired Kristi Noem after ad row
Updated On : 06 Mar 2026 | 9:28 AM IST

US issues temporary licence to allow some Russian oil sales to India

Move comes months after President Donald Trump slapped tariffs on Indian goods in a bid to pressure Prime Minister Narendra Modi's government to abandon energy purchases from Russia

US issues temporary licence to allow some Russian oil sales to India
Updated On : 06 Mar 2026 | 9:11 AM IST

Philippines mulls shorter work week, less air conditioning to save energy

The Southeast Asian nation imports nearly all of its oil requirements, and the war in Iran could spur inflation that already hit a 13-month high in February

Philippines mulls shorter work week, less air conditioning to save energy
Updated On : 06 Mar 2026 | 9:11 AM IST

Ukraine offers help downing Iranian drones in exchange for Patriot missiles

He offered to share his country's expertise in protecting against explosives-laden Iranian drones, which are swarming the defenses of the US and its West Asia allies

Ukraine offers help downing Iranian drones in exchange for Patriot missiles
Updated On : 06 Mar 2026 | 9:03 AM IST

Messi joins Trump at White House a year after turning down Biden's invite

Presidents have welcomed champions for decades to capitalise on the winning optics, but Messi's visit stands apart as he's long avoided presidential visits

Messi joins Trump at White House a year after turning down Biden's invite
Updated On : 06 Mar 2026 | 8:56 AM IST

Foreign banks find India growth story comes with strict entry conditions

While India offers one of the most compelling growth opportunities in coming decades, overseas bidders in the financial sector face tight voting caps, onerous processes and long payback timelines

Foreign banks find India growth story comes with strict entry conditions
Updated On : 06 Mar 2026 | 8:32 AM IST

US sinking of Iranian warship off Sri Lankan coast piles pressure on India

The US sinking of Iran's frigate IRIS Dena near Sri Lanka brings the Middle East conflict closer to India's neighbourhood, complicating New Delhi's delicate diplomatic balancing

US sinking of Iranian warship off Sri Lankan coast piles pressure on India
Updated On : 05 Mar 2026 | 11:40 PM IST

TCS in 'advanced' talks for more AI data centers in India as demand rises

"We are having discussions with multiple other hyperscalers," said Chief Executive Officer K Krithivasan during an interview at the company's offices in London.

TCS in 'advanced' talks for more AI data centers in India as demand rises
Updated On : 05 Mar 2026 | 11:22 PM IST

America won't allow India to become rival like China: US official

Landau also offered to work with India to address long and short term issues in meeting its energy challenges as supply disruptions from the Middle East crisis threaten fuel stockpiles

America won't allow India to become rival like China: US official
Updated On : 05 Mar 2026 | 10:49 PM IST

NaBFID plans $500 million equity fund to boost infrastructure financing

NaBFID's entry into equity marks an expansion of its toolkit beyond traditional debt and a bid to appeal to a broader swath of investors as the country's infrastructure needs accelerate

NaBFID plans $500 million equity fund to boost infrastructure financing
Updated On : 05 Mar 2026 | 4:31 PM IST

Iran promises to avenge US sinking of warship in Indian Ocean waters

The IRIS Dena was in India from February 15 to 25 to participate in the International Fleet Review, alongside vessels from 40 other countries, including the US and Russia

Iran promises to avenge US sinking of warship in Indian Ocean waters
Updated On : 05 Mar 2026 | 1:02 PM IST

India moves to shield economy as Iran tensions expose oil, currency risks

Reserve Bank of India stepped up surveillance of the currency market, and traders said Wednesday the central bank intervened to curb volatility after the rupee plunged to a record low

India moves to shield economy as Iran tensions expose oil, currency risks
Updated On : 05 Mar 2026 | 10:37 AM IST

Russian oil cargoes swing back to India as West Asia conflict hits supply

Indian refiners, wary of complicating trade talks with Washington, had pared back their purchases of Russian oil in recent weeks, which had forced Moscow to seek buyers in China

Russian oil cargoes swing back to India as West Asia conflict hits supply
Updated On : 05 Mar 2026 | 10:28 AM IST

Anthropic reopens talks with US Pentagon after feud over AI safety

If both sides strike a new agreement, it would allow the military to resume using Anthropic's AI while lessening the risk that the Pentagon would officially blacklist the company

Anthropic reopens talks with US Pentagon after feud over AI safety
Updated On : 05 Mar 2026 | 9:22 AM IST

Sustained war in Iran may leave US vulnerable, says Antony Blinken

His remarks come on the fifth day of combat operations after the US and Israel launched a war with Iran, and as concerns grow that this conflict could end up becoming a war of attrition

Sustained war in Iran may leave US vulnerable, says Antony Blinken
Updated On : 05 Mar 2026 | 8:22 AM IST