Microsoft CEO Satya Nadella on Tuesday announced plans to invest $17.5 billion in India to help build infrastructure and sovereign capabilities for the country’s AI-first future, marking the third major AI-driven investment in the country in the past two months.
Belgium’s supreme court — the Court of Cassation — on Tuesday rejected the appeal of fugitive diamond trader Mehul Choksi challenging the extradition request of India in connection with the Rs 13000-crore alleged bank fraud in Punjab National Bank, authorities
The projections in the cement industry are mixed. Prices and demand remained muted in the third quarter (October & November) and short term uptick doesn’t seem likely. Image used for representative purpose only. Photograph: Jayanta Dey/Reuters However, the second quarter
IRB Infrastructure Developers Ltd and its sponsored InvITs — IRB Infrastructure Trust and IRB InvIT Fund — reported a 16% year-on-year rise in aggregate toll revenue for November 2025, delivering another month of steady growth. The three entities together collected
As the Indian rupee hovers near record lows, currency traders are keenly awaiting the US Federal Reserve’s policy decision on Wednesday, December 10, with hope that a 25-basis-point rate cut, accompanied by a dovish tone from Chair Jerome Powell, will
The CBI has booked the son of industrialist Anil Ambani, Jai Anmol Anil Ambani, and Reliance Home Finance Ltd. (RHFL) in a case of alleged cheating in Union Bank of India that caused a loss of Rs 228 crore to
Equity benchmark indices Sensex and Nifty nosedived on Monday after two consecutive days of gains, as investors rushed to take profits amid the unabated selling of stocks by foreign investors. Photograph: Francis Mascarenhas/Reuters Analysts said investors turned defensive ahead of
The Indian government should urgently consider imposing safeguard or anti-dumping duties on imports of two construction equipment segments — crawler excavators and tower cranes — as Chinese companies are rapidly expanding their presence in these markets in India through ‘predatory’
US-based chip maker Intel has signed an agreement with Tata Group to manufacture and assemble semiconductors in India for the local market, the Indian conglomerate said on Monday. Image used for representation purpose only. Photograph: Kim Kyung-Hoon/Reuters Under the agreement,
At its height, IndiGo was valued at $27.3 billion, placing it at the top of the global airline market-cap table. But a seven-session losing streak has wiped out nearly $4.5 billion in value — a decline almost equal to the
