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Big Tech capex set to hit $650 bn

Financial Express Pune

|

February 07, 2026

Planned spending on Al in 2026 near or more than past three years’ combined budget

- MATT DAY & ANNIE BANG

FOUR OF THE biggest US technology companies together have forecast capital expenditures that will reach about $650 billion in 2026 — a mind-boggling tide of cash earmarked for new data centres and all the gear housed within them.

MÁS HISTORIAS DE Financial Express Pune

Financial Express Pune

'Expect ROA to touch 1% by FY27'

With net profit growing at 23%, UCO Bank MD & CEO Ashwani Kumar said he expects return on assets (ROA) to reach 1% by the end of FY27.

time to read

1 mins

April 28, 2026

Financial Express Pune

Prada seeks to mend ties with India-made sandals

PRADA IS LAUNCHING a limited-edition range of India-made sandals inspired by traditional Kolhapuri footwear, less than a year after the Italian luxury group faced a backlash for showcasing similar designs without crediting their origins.

time to read

1 min

April 28, 2026

Financial Express Pune

Infrastructure is shaping Pune's residential landscape

PUNE HAS ALWAYS been known as a city that offers both opportunity and quality of life.

time to read

2 mins

April 28, 2026

Financial Express Pune

Freight surge & coal shock push steel prices up 6%

A SHARP SPIKE in freight rates, supply disruptions in Australia and rising fuel costs linked to the West Asia crisis have converged to push up coking coal prices

time to read

1 mins

April 28, 2026

Financial Express Pune

Sun seals $11.75-bn deal for Organon

INDIA'S LARGEST DRUG-MAKER Sun Pharmaceutical Industries said on Monday that it will acquire US based Organon & Co, a firm as big as itself, in an all-cash deal for an enterprise value of $11.75 billion.

time to read

3 mins

April 28, 2026

Financial Express Pune

Togo-flagged tanker with 12 Indian crew hit by Iran

A TOGO-FLAGGED CHEMICAL tanker carrying Indian seafarers was intercepted by the Iranian coast guard near the Strait of Hormuz, with warning shots fired, even as officials confirmed that all crew members are safe.

time to read

1 min

April 28, 2026

Financial Express Pune

India's JV urea unit in Russia to be ready in two years

INDIA'S JOINT VENTURE (JV) urea manufacturing project with Russia is likely to be completed in next two years, according to a senior official with Indian Potash (IP) said.

time to read

1 min

April 28, 2026

Financial Express Pune

Trade pact with US, EU in next few months: Goyal

INDIA WILL SOON sign trade agreements with the US and European Union (EU), Commerce and Industry Minister Piyush Goyal said Monday.

time to read

1 min

April 28, 2026

Financial Express Pune

NHAI debt declines below ₹2 lakh crore

Borrowing freeze, prompt repayment lower burden

time to read

1 min

April 28, 2026

Financial Express Pune

Amazon Now set to expand to 100 cities

AMAZON INDIA IS accelerating its quick-commerce push, with plans to expand Amazon Now to 100 cities across the country with more than 1,000 micro-fulfilment centres, as competition intensifies in rapid delivery and urban convenience retail.

time to read

1 min

April 28, 2026

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