BharatCompute for AI ascendancy

Artificial Intelligence (AI) capability rests on four key pillars: Algorithms, data, talent, and AI compute, with AI compute often considered the most crucial.

Wall Street shifts to T+1 after a century

US trading moved to a shorter settlement on Tuesday, which regulators hope will reduce risk and improve efficiency in the world's largest financial market but may temporarily lead to a rise in transaction failure for investors.

Israelitanks reach the centre of Rafah

Fire that killed 45 was caused by secondary blasts, says Israel

OpenAI forms safety board led by Altman

OpenAI has created a board committee to evaluate the safety and security of its artificial intelligence models, a governance change made weeks after its top executive on the the subject resigned and the company effectively disbanded his internal team.

Apple's iPhone sales in China up 52% in April

Apple's smartphone shipments in China rose 52 per cent in April from a year ago, extending a rebound seen in March, according to data from a research firm affiliated the Chinese government.

SAfrica's surprise poll challenger evokes past anti-apartheid struggle

The 59-year-old Dumisani Ndlovu has voted in every South Africa national election since he and the rest of the Black majority finally won the right 30 years ago.

London moves to revive its reputation as a financial hub

As fears have grown that the city is losing its attractiveness for publicly traded businesses, Britain's government is making changes to bring them back.

GST fitment panel likely to consider dropping 12% slab

Revamped GST rates may be implemented this financial year

HAL Nashik unit cranks up to 24 Tejas jets a year

Discover how HAL races to deliver180 Mk1As in undera decade, ramping up production to meet rising demand

NEW NON-FARM JOBS IN Q2FY23 - Tally higher than Q1 but fell short of Omicron-hit Q4FY22

Fresh job creation in the nine major non-farm recovered sectors sequentially in the September quarter of FY23 but remained below new job additions during the Omicron-hit March quarter of FY22, according to latest government data.

Purvanchal battle isn't easy for BJP and allies

FUTI ive years ago, the Bharatiya Janata Party's (BJP's) creditable performance across Uttar Pradesh and Prime Minister Narendra Modi's emphatic victory margin at Varanasi concealed a series of nail-biting contests in nearly half a dozen seats in districts close to this Lok Sabha constituency.

Ludhiana's textile industry wants govt to stitch up FTAs

Ludhiana's textile industry is navigating through a sea of challenges, adapting to a new normal of subdued demand, while pinning its hopes on governmental support for the establishment of a mega textile park and the signing of free trade agreements (FTAs) with developed economies.

Reliance to buy Russian oil in roubles

Reliance Industries, operator of the world's biggest refining complex, has signed a one-year deal with Russia's Rosneft to buy at least 3 million barrels of oil a month in roubles, four sources aware of the matter told Reuters.

Licious gears up for IPO with new CFO, profit pursuit

Fresh meat and seafood delivery unicorn Licious is intensifying its talent acquisition endeavours as it pursues profitability and readies for an initial public offering (IPO) within the next 24 months.

360 One bets bigon health care, tech, financial services

360 One Asset, the private equity (PE) and venture capital (VC) fund, has launched Secondaries Fund with a base size of 4,000 crore and it has crossed the halfway mark, Sameer Nath, chief investment officer & head of PE-VC of the firm said on Tuesday.

Spectrum auctions: Airtel likely to edge past Jio

Bharti Airtel may end up cumulatively bidding for more spectrum than market leader Reliance Jio in the upcoming auctions.

Maruti may set up 400 service outlets in FY25

Maruti Suzuki India (MSIL) plans to establish at least 400 service touchpoints in the 202425 financial year (FY25) to meet the needs of various locations across the country where car density is higher, its Executive Officer (Service) Ram Suresh Akella told Business Standard on Tuesda In the previous financial year, 202324 (FY24), India's largest carmaker added 400 service touchpoints, with 90 i the Nexa (premium) 101mat and the remaining 310 in the Arena (affordable) format.

Hindalco looks to garner $945 mn via Novelis US IPO

To offload 45 mn shares, or 7.5% stake, at $18-21 apiece; values arm at $12.6 bn

FPIs turn net debt buyers ahead of index inclusion

10-year G-sec yield softens 20 bps in May so far

Fix mismatches between Form 26AS and 16 before tax filing

The first step in filing your income-tax return (ITR) should be to review and compare Form 26AS with Form 16.

Valuations may offset Divi's growth outlook

Divi's Laboratories, the country's second-largest pharma company by market capitalisation, saw its stock rise 5.7 per cent to a two-year high of 4,359 on the BSE in Monday's intraday trade.

Strong Q4 leads to upgrades for Hindalco

Industrial base metals major Hindalco delivered a strong consolidated performance during the January-March quarter (Q4) of FY24.

Scorching summer brings earnings boost for Voltas to NTPC

A blistering summer gripping a significant portion of India is fueling optimism of higher earnings for one segment of the nation's $4.8 trillion stock market.

Mkts hit new highs but end lower; Vix up

The domestic markets hit new intraday highs on Monday but witnessed another turbulent trading session to end 0.8 per cent lower from the highest points.

ITC hotel demerger divides voting advisory firms

liAS recommends 'against' vote; SES, InGovern suggest 'for'

RBI move on partly paid AIF units puts industry in a bind

Move to help regularise units issued to FPIs amid concerns on fee outgo

BSE to buy S&P's 50% in index JV

Domestic bourse BSE has approved the acquisition of 50 per cent stake in index provider Asia Index (AIPL) from equal joint venture partner S&P Dow Jones (SPDJ) Indices for 30 crore.

A battle for dominance in beauty mkt

A wave of foreign beauty brands is making a splash in the Indian market.

Hospital blaze ignites fire safety review in Delhi

Investigation yet to pinpoint cause 48 hours on SANKET KOUL New Delhi, 27 May The investigation is still ongoing to ascertain what caused the fire that killed six newborns in East Delhi's Baby Care Newborn Hospital.

Banks should not hold up crediting exporters money due to fault of ICEGATE

We have received a system generated email from the DGFT alleging nonfulfillment of export obligation (EO) against many of our advance authorisations and EPCG authorisations issued between 2002 and 2007.