RMZ, Asia’s leading integrated alternative-assets platform, is partnering with Colt Data Centres to set up a 1.25-GW data centre with an investment of ₹1.77 lakh crore at Anandapuram in Visakhapatnam. The Andhra Pradesh government’s State Investment Promotion Committee (SIPC) approved the project last week. According to highly placed sources, about 200 acres of land have … Read more
Tata Group companies tripled in market value and profit rose more than fivefold in six years as the country’s biggest conglomerate funded India’s biggest private-sector bets in aviation, semiconductors, batteries and digital commerce – businesses that together still lose nearly Rs 30,000 crore annually. Group holding company Tata Sons reported a 22% increase in FY26 … Read more
Beijing accused US artificial intelligence firms Monday of using Chinese examples to train their models, days after Washington threatened sanctions on Chinese firms for allegedly stealing American technology.”It is understood that many American artificial intelligence enterprises have distilled Chinese models during their research, development and training processes,” the Chinese commerce ministry said in a … Read more
At Anjana’s (name changed on request) home, sitting in front of cups of freshly brewed tea, on a fine evening, her boy, Milo, is restless as it is also time for his pedigree snack. The bell rings, and the door opens to the one with a cap that bears Milo’s favourite name, the pet shop … Read more
HCLTech, country’s third largest IT services company, on Friday announced its plans to set up its first AI Data Center in the upcoming Odisha Sovereign AI Park in partnership with Sarvam and the Government of Odisha. “The planned capital outlay for the project will be Rs 14,257 crores, including financial assistance from the Government of … Read more
Growing openness of large family-owned businesses to partnering with institutional investors is one of the biggest structural shifts in the Indian market, said Ravi Lambah, head of India at Temasek. “Every family wants to create long-term value,” Lambah told ET in an interview Wednesday. “If we can help strengthen governance, prepare businesses for IPOs, support … Read more
Not long ago, Intel looked like a fallen giant. Now, the chipmaker has posted its “strongest revenue growth in more than fifteen years,” CEO Lip-Bu Tan said Thursday. The company’s second-quarter results sent shares up more than 11% in after-hours trading. The company reported revenue of $16.1 billion, up 25% from a year earlier. It … Read more
The U.S. imposed 10% tariffs on goods purchased from India and 16 other countries over the issue of the use of forced labour in the production of such items. U.S. Trade Representative Jamieson Greer announced the new tariffs on 60 countries under Section 301 of the Trade Act on Friday (July 24, 2026), a day … Read more
SBI Funds Management entered the stock market after attracting robust institutional demand. SBI Funds Management stock listing: Years of employee stock ownership at SBI Funds Management is poised to generate multi-crore wealth for several executives as the country’s largest asset management company enters the stock market. Based on the IPO issue price of Rs 574 … Read more