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Updated: 2 hours 7 min ago
Intel names semiconductor industry veteran Lip-Bu Tan as next CEO
Tan will assume the role on March 18, the company said in a statement Wednesday. He will rejoin the board as well after stepping down in August 2024
IndiGo's parent firm approves $45 million investment in IFSC subsidiary
In one or more tranches, the investment of "up to Rs 3,940 million ( $45 million approximately)", will be made in the IFSC subsidiary, according to a regulatory filing
ArcelorMittal Nippon sues India over raw material import as fight escalates
ArcelorMittal Nippon has already warned New Delhi privately that it may have to severely curtail steelmaking and delay any expansions due to the curbs
India well placed to tackle Trump's tariff volleys: Blackstone CEO
Blackstone to invest $100 bn in India in future
CCI backs Apple in antitrust case, denies Match, startups sensitive data
An investigation by the Competition Commission of India (CCI) last year found Apple exploited its dominant position in the market for app stores
NCLT grants 8-day extension for Reliance Capital's ownership transfer
The Mumbai-bench of NCLT heard the matter and a joint status update was given by the committee of creditors, administrator, and IIHL on the progress of the implementation of the resolution plan
Ashwini Vaishnaw welcomes Starlink to India, cites use for railway projects
Vaishnaw's remarks coincide with shifts in the Indian telecom industry, as Jio Platforms Ltd. and Bharti Airtel Ltd. have unexpectedly partnered with SpaceX to incorporate Starlink's services
Coromandel Int'l buys 53% stake in agro-chemical firm NACL for Rs 820 cr
Coromandel International, one of the leading agri-solutions providers, has signed definitive agreements to acquire majority stake in NACL Industries
Narayana Murthy warns against AI hype in India, urges startups to aim big
Says innovation & job creation will vanish poverty, not freebies
Google introduces new AI models for rapidly growing robotics industry
The robotics field has made large strides over the past few years with increasing advancements in AI and improving models, speeding up commercialization of robots largely in industrial settings
Syneriq Global opens AI GCC in Hyderabad, aims for $150 million revenue
Additionally, the group launched a new AI platform, Zyrix, focused on driving innovation and advancing product engineering
Business Standard Round Table: GCCs can help TN become $1 trn economy
Jaikumar Subramanian, partner at Deloitte India, said as the state aimed to treble the size of its economy in five years, it should focus on a closer collaboration of industry, academia, and startups
Bharti Airtel transfers 69.94% stake in Airtel Payments bank to Airtel Ltd
Bharti Airtel has transferred its entire 69.94 per cent stake in Airtel Payments Bank to wholly-owned subsidiary Airtel Limited, a regulatory filing said on Tuesday.
Fashion-tech brand Virgio aims to invest $1 mn across 16 stores under plan
On the international front, the fashion-tech brand plans to open two stores in Dubai. It is currently scouting locations and aims to begin operations by the end of 2025
India Inc files ECB intents worth $4 billion with RBI in January 2025
NMDC Data Centre Private Ltd filed ECB papers to raise $175 million with a maturity period of three years for local sourcing of capital goods
TSMC pitches Intel foundry joint venture to Nvidia, AMD and Broadcom
Any final deal - the value of which is unclear - would need approval from the Trump administration, which does not want Intel or its foundry division to be fully foreign-owned
Indira IVF expands with launch of MatCare Maternity & Child Hospital
This expansion further enhances Indira IVF's core reproductive care offerings, underscoring its commitment to delivering high-quality, integrated services that fully address diverse needs of families
Nandan Nilekani's 4 tips for India's economy to hit $8 trn mark by 2035
Outlining key factors for India's economic expansion, Nilekani spoke about the necessary "Big Unlocks" required to accelerate the country's growth rate from 6 per cent to 8 per cent
Aster DM promoters reduce share pledge to 41% for debt refinancing
"This milestone also reinforces trust among our stakeholders, investors, and partners as we continue to expand our footprint in India," added Moopen
ASUS launches TUF Gaming F16 laptop at Rs 80,990 onwards: Specs, features
ASUS TUF Gaming F16 (FX607) is powered by Intel Core 5 and comes with NVIDIA GeForce RTX 3050A discrete graphics. The gaming-focused laptop will soon be available across online and retail platforms