Page 1635 - Latest News

BlackRock, Nvidia-backed group strikes $40 billion AI data center deal

The acquisition is the latest in a series of big-ticket deals involving Big Tech and Silicon Valley startups that has been fueled by the boom in AI

Apple CEO Tim Cook pledges to boost China investment despite Trump tensions

Many US companies have become cautious about relations with China as the world's two biggest economies clash over tariffs

India's overseas investments decline in August as US tariffs kicked in

Experts have said that the dip in August could be due to the uncertainty in the global economic scenario after the US tariffs

Tata Communications transforming itself into a technology company, says CEO

Lakshminarayanan says AI and data-driven products will power future growth as firm stays on track to hit $1 billion revenue target by FY28

Aid trucks enter Gaza as dispute over hostage bodies is temporarily paused

Hamas returned four bodies confirmed as dead hostages on Monday and another four bodies late on Tuesday, though Israeli authorities said one of those bodies was not that of a hostage

Hyundai Motor lines up ₹45,000 cr investment in India: 26 launches in 2030

Lining up its 2030 strategy, Hyundai said it was targeting up to 30 per cent export contribution and over 1.5-fold rise in revenue, to cross the ₹1 trillion milestone in five years

MPC Minutes: Members see scope for more rate cuts, await full impact

MPC members see room for easing as inflation cools, but hold rates steady to gauge the full impact of earlier policy steps

Nuke suppliers' liability: Government panel calls for clear limits

The panel also highlighted the need for a precise definition of "supplier" in nuclear energy projects, to clarify that vendors providing trivial items would not fall under this definition

Prosus raises Ixigo stake to 15.16% as Peak XV, Elevation trim holdings

Peak XV Partners and Elevation Capital reduced their stakes in Ixigo parent Le Travenues Technology through off-market transactions as Prosus increased its holding to 15.16%

Meta to invest $1.5 billion in Texas AI data centre, creating 100 jobs

Meta has invested over $10 billion in Texas and employs more than 2,500 people across the state, the company said. These figures include the latest investment

Tesla urges Delaware Supreme Court to restore Musk's $56 billion payday

One of the biggest corporate legal battles entered its final stage after a lower court judge rescinded the Tesla CEO's record compensation in January 2024

Modi government's packed diplomatic calendar signals intensified outreach

New Delhi hosts a flurry of high-level visits from Sri Lanka, Brazil, and others as India prepares for Putin, Albanese, and Macron's trips amid global trade and security shifts.

Sebi orders ₹173 cr disgorgement from 8 entities for IEX insider trading

Individuals got price-sensitive information before announcement from high-ranking CERC officials

Datanomics: India lags its peers in hygiene and sanitation levels

Despite improvements in water access, India lags behind BRICS peers in sanitation and school hygiene facilities, UNICEF data shows

Mumbai's Bandra Bay to unlock ₹1 trillion in luxury real estate potential

A report projects 8 million sq ft of luxury waterfront development worth ₹1 trillion near BKC, with leading developers including Adani Realty and Hiranandani on board

Axis Bank Q2 net falls 26% to ₹5,090 crore on one-time provision

Despite a profit decline due to standard asset provisions, Axis Bank's asset quality improved and loan growth remained steady in Q2FY26

US tech startup Anthropic unveils cheaper model to widen AI's appeal

Anthropic's annual revenue run rate - a calculation of annual revenue extrapolated from the current sales pace- is almost $7 billion, the spokesperson said

US government shutdown costing economy $15 billion a day, says Bessent

The only thing slowing us down here is this government shutdown, Treasury Secretary Scott Bessent said

ICICI Lombard Q2 profit rises 18% YoY, driven by capital gains, low losses

It has seen a more limited impact of input tax credit (ITC) losses and there are tailwinds from higher new vehicle sales and goods and services tax (GST) exemption for healthcare

SC allows sale, bursting of green crackers for Diwali in Delhi-NCR

District authorities will identify and notify designated sale locations, and only licensed vendors will be permitted to operate