Mahindra, Embraer identify Nagpur for potential C-390 aircraft assembly line
Fresh updates from the financial markets indicate that The Mahindra Group and Brazilian aerospace manufacturer Embraer on October 1 stated they have identified Nagpur, Maharashtra,...
Broadcom to lend Anthropic up to $42 billion to lease its chips
The latest market report highlights that Anthropic’s IPO prospectus documents extensive partnerships with a handful of big tech firms. One stands out: chip maker Broadcom....
Co-CEO says Netflix ‘not growing as fast as I want’
The latest market report highlights that Netflix co-CEO Ted Sarandos stated that the streaming giant's expansion declined below expectations, adding that live reveals could provide...
China’s Infinigence AI plans Hong Kong IPO to tap surging AI computing demand
Reports coming in for today mention that Infinigence AI, a Chinese AI cloud infrastructure provider, is preparing for a Hong Kong stock-exchange debut as early...
Embattled Tata patriarch Noel Tata now faces revolt at charities he helms
The latest market report highlights that A boardroom clash atop India’s Tata Group is spilling into the conglomerate’s controlling shareholder, as two key members of...
BMW to use AI to cut 20% of senior management roles, plans around 100 job cuts
New business data points to the fact that BMW AG plans to deploy artificial intelligence to eliminate around 20% of its management roles by the...
FTC opens probe into AI giants including Anthropic and OpenAI
The latest market report highlights that The Federal Trade Commission is conducting an industry-wide probe into Anthropic, OpenAI and other AI labs to uncover the...
Jio Financial, Allianz invest Rs 320 crore each in Jio Allianz General Insurance
As per the latest business developments, Jio Financial Services Ltd and Allianz Europe B.V. have each invested Rs 320.05 crore in Jio Allianz General Insurance...
Maruti Suzuki sees CAFE-III as boost as new norms favour weight-based targets
According to fresh market updates, Maruti Suzuki India, the country's largest small-car maker, is likely to benefit from the government's newly notified Corporate Average Fuel...
Haier, Godrej, Blue Star failed to detect fake e-waste recycling claims, India notice shows
Fresh updates from the financial markets indicate that Indian tax authorities have faulted appliance makers Haier, Godrej & Boyce and Blue Star for not detecting...