Colorado: Apple has entered into a multiyear semiconductor supply agreement worth more than $30 billion with Broadcom Inc., marking one of the company’s largest manufacturing commitments in the United States. The partnership,…
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Mumbai: Jewellery-backed loans have emerged as the fastest-growing segment of retail credit for non-banking financial companies (NBFCs), with outstanding gold loans witnessing a sharp rise amid record-high gold prices and increasing consumer…
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Seoul: Samsung Electronics is expected to post another record-breaking quarterly operating profit, driven by surging demand for AI memory chips and a prolonged global supply shortage that continues to push semiconductor prices…
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Mumbai: India’s insurance sector is witnessing growing interest from international investors following the government’s decision to increase the foreign direct investment (FDI) limit to 100 percent. Insurance Regulatory and Development Authority of…
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Berlin: German automotive giant Volkswagen is reportedly preparing for the largest restructuring exercise in its 89-year history, with plans to eliminate around 100,000 jobs worldwide and shut down four manufacturing plants in…
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New Delhi: Amazon has announced a massive investment commitment of $48 billion in India between 2026 and 2030, reinforcing the country’s growing importance as a global hub for digital innovation, AI, cloud…
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Bengaluru: Meta Platforms’ decision to invest $900 million in Indian fintech company Cred and appoint its founder, Kunal Shah, to lead WhatsApp globally has sparked fresh discussion about the social media giant’s…
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New Delhi: Shares of Blue Cloud Softech Solutions witnessed a sharp rally on Monday after the company announced that it is evaluating potential business opportunities in the field of AI technology with…
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Mumbai: Reliance Industries Limited (RIL) outlined an ambitious roadmap for its future growth at its 49th Annual General Meeting (AGM) on June 19, announcing major developments across telecommunications, artificial intelligence, retail, energy…
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New York: Elon Musk-led SpaceX is preparing for what could become the largest IPO in history, with plans to raise an unprecedented $75 billion by pricing its shares at a fixed $135…
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