Digital Connexion, a joint venture between Brookfield, Reliance Industries and Digital Realty, on Wednesday announced an investment of $11 billion till 2030 for building 1 gigawatt (Gw) state-of-the-art AI-native, purpose-built data centres in Visakhapatnam, Andhra Pradesh. Illustration: Dominic Xavier/Rediff This
iPhone maker tells Delhi HC the antitrust watchdog has no jurisdiction to consider its global turnover. IMAGE: People visit the Apple Store to buy the newly launched iPhone 17 at Select City Walk, New Delhi. Kindly note that this image
Bajaj Healthcare Ltd. has appointed pharmaceutical industry veteran Shreekumar Shankarnarayan Nair as its Chief Operating Officer (COO), effective immediately, the company informed the exchanges on Thursday, November 27. The board approved his appointment through a circular resolution on November 27,
This year has been marked by exceptional dollar weakness, as the world grapples with the uncertainty created by the Trump tariffs. The policy unpredictability from the US has prompted countries to seek alternatives to the dollar. Central banks have been
Affordable homes, priced under Rs 40 lakh per unit, may not be attractive anymore, not just for developers but also for investors, with the segment seeing a 26 per cent price rise over three years since 2022 versus 40 per
The consumer price index (CPI)-based inflation hitting an all-time low in October would encourage the six-member monetary policy committee (MPC) of the Reserve Bank of India (RBI) to cut the policy repo rate in its upcoming December 3-5 meeting. Photograph:
The government on Wednesday approved a Rs 7,280 crore scheme to promote manufacturing of rare earth permanent magnets, a move which would help reduce India’s dependence on China. IMAGE: A sample of bastnaesite ore, a mineral used in the rare
Ahead of the Union Budget 2026-27, Indian business houses have urged the government to make demergers tax-neutral, particularly in cases involving transfer of investments in associate companies with 25 per cent or more shareholding, under the new Income Tax Act.
Deutsche Bank raised its 2026 gold price forecast to $4,450 an ounce from $4,000 on Wednesday, November 26, citing stabilising investor flows and persistent central bank demand. The bank now expects a $3,950–$4,950 range next year, with the top end
Tejas Networks, Jupiter Wagons, PG Electroplast, and Anant Raj are among ten constituents of the Nifty Smallcap 100 index that have faced a sustained sell-off in 2025, eroding up to 60% of their value and dealing a significant blow to
