NVIDIA Cuts OpenAI Ohio Data Center Guarantee to Under $120 Billion
NVIDIA has scaled back its Ohio data center guarantee for OpenAI to under $120 billion, though OpenAI is still expected…
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Category: Companies & Business
News on major companies, retail and consumer brands.
Apple Proposes 15% Cut on Purchases Made Outside the App Store
Apple has proposed a tiered App Store commission on external purchases, with 15% as the headline rate, 10% for some…
Govt Removes 12-Minute TV Advertising Cap for Broadcasters
The government has scrapped the 12-minute hourly advertising cap for TV broadcasters, ending the 10+2 rule as digital media reshapes…
India May Get 5-8 More Semiconductor Plants in 7-8 Years, Says PM Modi
PM Modi says India could add 5-8 more semiconductor plants over 7-8 years, with three already in production as the…
TCS and Rolls-Royce Successfully Test Aero Gas Turbine on 100% Hydrogen
TCS and Rolls-Royce have run an aero gas turbine on 100% hydrogen, simulating take-off, cruise and landing while validating critical…
Reliance and Rolls-Royce Partner for Indigenous Combat Engine for India’s AMCA
Reliance and Rolls-Royce have signalled intent to jointly develop an indigenous combat engine for India's AMCA advanced medium combat aircraft…
Adani Defence and BEML to Manufacture 90 Prachand LCH Fuselages for HAL
HAL has brought Adani Defence and BEML into Prachand production, with 90 light combat helicopter fuselage structures to be manufactured.
Jane Street Suffers $15 Billion Loss in July as AI Bets Collapse
Jane Street posted a $15 billion July loss, its first negative trading month since 2016, as AI stock positions and…
Patanjali Foods Q1 Profit Jumps 86% as Revenue Hits Record
Key takeaways Patanjali Foods said its first-quarter net profit rose 86% from a year earlier. Quarterly revenue reached a record,…
Mahindra HCV Share Target: 10-12% by FY31
Key takeaways Mahindra aims to hold 10% to 12% of India’s heavy truck market by FY31. Heavy commercial vehicles carry…