Page 2 - Latest News

OpenAI proposes handing Trump administration 5% stake, say reports

OpenAI has reportedly discussed giving the US government a 5% stake as Washington weighs stricter oversight of AI and broader public participation in the sector's growth

India should revisit stance on WTO ecom moratorium: Icrier study

ICRIER says India's growing digital exports now outweigh tariff revenue concerns and calls for a more proactive role in shaping global digital trade rules

Google loses EU top court battle over $4.7 bn Android antitrust fine

The European Court of Justice ruled on Thursday that Google's earlier defeat against a European Commission penalty should stand

Russian missile, drone attack on Ukraine kills 20, injures dozens

Russia has intensified its attacks on Kyiv in recent weeks, even as Ukraine's own long-range drone campaign against Russian military sites and energy facilities has caused fuel shortages

IBBI proposes recovery clarity for guarantors, tighter valuation norms

Draft changes follow IBC Amendment Act, 2026, and aim to plug gaps in insolvency regulations

A first in India: StanC processes remittance under new Swift scheme

Bank completes cross-border payment from Australia in 37 seconds under Swift's new retail payments scheme, enabling near real-time credit to beneficiary bank

Tata Steel expects €500 million in Dutch operations Ebitda for FY27

Chairman Natarajan Chandrasekaran says Dutch operations remain self-funded, while the company targets 800 million-1 billion euros in EBITDA over the longer term

Sony to end PlayStation game discs from 2028, shifts fully to digital

Sony will stop producing physical PlayStation game discs from 2028, becoming the first major console maker to shift entirely to digital game distribution

Latin America, Africa power strong Q1 recovery in two-wheeler exports

Strong overseas demand and easing shipping disruptions sustain export momentum

CSM Technologies lists at 5% discount; Swara Baby Products files ₹1K cr IPO

CSM Technologies lists at a discount, while FirstCry-backed Swara Baby Products files draft papers for a ₹1,000-crore IPO to fund expansion and acquisitions

TVS Motor vrooms past Hero, Honda to take top slot in 2-wheeler sales

TVS Motor became India's top two-wheeler maker by total June sales, surpassing Hero MotoCorp and Honda on the back of strong domestic demand and exports

Cement makers' gains hinge on higher volumes, lower fuel costs in H2FY27

Cement makers face surplus capacity and elevated costs, with stronger demand and lower fuel prices expected to drive earnings and valuations in the second half of FY27

Electric trucks next priority after e-2Ws, says PMO's Tarun Kapoor

Tarun Kapoor says Delhi's move to allow only electric two-wheelers from 2028 sends the right signal; Centre may consider more support for e-trucks if PM E-Drive gains momentum

TCS to Infosys: 9 out of 10 Nifty IT stocks trade up to 27% below 200-DMA

The Nifty IT currently quotes around 20 per cent below its 200-DMA. TCS, Infosys, Wipro and HCL Technologies are down in the range of 21-26 per cent form respective 200-DMAs.

IRB Infrastructure Trust to transfer 2 BOT assets in ₹4,605 crore deal

IRB Infrastructure Trust will transfer two operational BOT highway projects to its listed InvIT as part of its capital recycling strategy, boosting its O&M order book by about Rs 2,400 crore

Fuel sales jumped in June despite price hikes, shows PPAC data

Petrol and diesel consumption rose despite higher fuel prices, while ATF demand edged lower and LPG sales declined amid supply disruptions from West Asia

Amazon India legal chief steps up fight against fakes and AI-enabled scams

As Amazon commits $48 billion to India through 2030, legal chief Rakesh Mohan Bakshi says combating counterfeiting and AI-enabled fraud has become central to the company's strategy

Nifty IT logs best 1-day gains in over a year; Sensex climbs 580 points

Nifty ended the session at 24,176, a gain of 170 points, or 0.7 per cent

Tata Electronics pips Foxconn by assembling $26.3 bn iPhones for exports

Tata Electronics overtook Foxconn in iPhone export value during the PLI period, underscoring its rapid rise as Apple's key manufacturing partner in India

Coal output from captive and commercial mines rose 14.9% in June

Dispatch also increased in June as three new mines, including the Urtan coking coal block, commenced production during the first quarter of FY27