Business

Nvidia has developed a location verification feature for its chips, aiming to help prevent its advanced artificial intelligence processors from being smuggled into countries where exports are restricted, reported Reuters, citing people familiar with the matterThe move comes amid growing pressure in the United States to tighten oversight of high-end AI hardware. Lawmakers and the…

In 2024-25, the US maintained its position as India’s principal trading partner for the fourth year running. (AI image) India-US trade deal: Commerce and Industry minister Piyush Goyal on Wednesday shared an important update on the ongoing India-US trade deal talks. The US team is in Delhi this week for another round of discussions on…

IndiGo, commanding approximately 65% of India’s domestic aviation sector, has cancelled over 5,000 flights this month. Fresh trouble for IndiGo? India’s largest airline by market share, IndiGo, may be in for more trouble after a week which saw thousands of flights being cancelled. India’s competition watchdog is considering launching an investigation into IndiGo to determine…

As India’s aviation industry is grappling with ongoing IndiGo crisis, SpiceJet has launched a major winter push to fulfil the continued demand. In a statement released on Wednesday, the carrier outlined plans to add up to 100 daily flights during the ongoing winter schedule, noting that the expansion is still subject to regulatory approval. The…

Meesho made a strong debut at the Dalal Street on Wednesday, trading at Rs 161, at a premium of 46% over the IPO price.This came after the e-commerce platform’s Rs 5,421.20 crore initial public offering that ended with an overall subscription of 79 times. The response has placed the e-commerce company among the most keenly…

NEW DELHI: In one of the largest global tech investment flows into India, American tech giant Amazon on Wednesday committed a mega $35 billion for its operations here, over and above the $40 billion that it has already put into the country.The ecommerce, cloud and media giant said that the investments will be made by…

Asian markets fell on Wednesday, mirroring a sluggish session on Wall Street, as investors waited for the Federal Reserve’s latest policy decision. The central bank is widely expected to cut interest rates for a third straight meeting, but all eyes are on the post-meeting statement, Chair Jerome Powell’s press conference, and the “dot plot” forecast…

NEW DELHI: The govt will run a pilot project to link the demand for subsidised fertiliser from farmers to the size of their farmland in order to prevent diversion, minister J P Nadda informed Rajya Sabha on Tuesday. The move is significant given the high use in farming of chemical nutrients, which is also affecting…

$20Bn New Threshold For Local IPOs, Says JP Morgan I Deals Worth $23-25Bn This Yr MUMBAI: New-age companies are revving up India’s hot IPO market which is set to close the year with an estimated $23-$25 billion worth of deals, higher than the tally of $21 billion last year, bankers at J P Morgan said…

Housed Under Grasim, Clean Energy Biz Valued At ₹14.6K Cr MUMBAI: BlackRock, one of the world’s largest asset managers, is set to invest Rs 3,000 crore in Aditya Birla Group’s renewable energy business for a minority stake. The business, housed under Grasim, has been valued at Rs 14,600 crore, highlighting the growing investor interest in…