Nvidia in Talks to Back OpenAI’s $250 Billion AI Data Center Financing
Nvidia is in advanced discussions to provide a $250 billion financial guarantee to support OpenAI’s lease of computing capacity at…
Section
Category: Companies & Business
News on major companies, retail and consumer brands.
Adani Ports to Build 100-Acre Container Freight Station Near Vizhinjam Port
Adani Ports and Special Economic Zone (APSEZ) is set to develop a 100-acre Container Freight Station (CFS) near the Vizhinjam…
Qualcomm to hike Chip Prices by Double Digits Starting September 2026
Qualcomm has informed customers that it will implement double-digit percentage price increases across its product portfolio, marking one of its…
Bain Capital to sell 25% Stake in IndusInd Insurance at ₹16,000 Crore Valuation
U.S.-based private equity firm Bain Capital is in advanced negotiations to acquire up to a 25% stake in IndusInd General…
RuPay Credit Cards on UPI Open New Revenue Stream for Banks and Fintechs
India’s rapidly growing RuPay credit cards linked to the Unified Payments Interface (UPI) are emerging as a significant new revenue…
India’s New Crypto Reporting Rules Require Exchanges to Verify Tax Residency and TIN
The Central Board of Direct Taxes (CBDT) has issued a detailed guidance note providing operational clarity on India’s new crypto-asset…
Bank of Baroda shares fall after Q1 results
Key takeaways Bank of Baroda shares slipped after the lender reported its April-June results. Its profit stayed strong, but a…
Burberry China Sales Hint at a Luxury Turnaround
Key takeaways Burberry’s stronger China results suggest some wealthy shoppers are buying again. New wealth from technology firms may be…
AUKUS Shipyard Spending: Australia’s $3.2B Build-Up
Key takeaways Australia plans to spend A$5 billion, or about US$3.2 billion, on its main submarine yard. The money supports…
Baidu offshore debt hits record-low rates for AI push
Key takeaways Baidu has reportedly borrowed overseas at its lowest rate yet. The funds can help pay for AI models,…