Nvidia has unveiled a new liquid cooling system for its AI servers that the company says eliminates the need for water-hungry air-cooling fans, a development that could significantly reduce the environmental toll of the world’s fast-growing data centres. The Problem: Data Centres Are Draining Water Supplies Across US From contaminated wells to plummeting water pressure, … Read more
Meta Platforms Inc. has named fintech entrepreneur Kunal Shah as the new global head of WhatsApp, pulling off an unusual executive crossover as part of a $900 million investment in his financial services startup Cred. Shah, who has previously founded and sold FreeCharge and backed a range of Indian startups, will replace Will Cathcart, who … Read more
Reliance Industries‘ 49th annual general meeting (AGM) on Friday will be in sharp focus as investors await updates on the group’s strategic roadmap, including the timeline for the much-anticipated Jio Platforms IPO, retail growth plans, and developments in its new energy business. During the last AGM held in 2025, the company unveiled a series of … Read more
Reliance Industries Chairman Mukesh Ambani addresses the 49th Annual General Meeting (post-IPO) of Reliance Industries Limited, in Mumbai, Maharashtra. Photo: YT/@RelianceUpdates via PTI Photo Jio Platforms Ltd (JPL) on Friday filed the Draft Red Herring Prospectus (DRHP) with market regulator the Securities & Exchange Board of India (SEBI) for an Initial Public Offer (IPO) of … Read more
The Strait of Hormuz is back in business after more than 100 days of disruption, with over 60 million barrels of crude set to leave the pipeline. Following a US-Iran peace deal, one of the world’s most important oil routes is set to reopen, releasing millions of barrels of crude that had been stuck inside … Read more
In June, it elevated longtime executive Seshu Kumar Tirumala to chief operating officer. Tirumala, who has spent more than a decade at the company across sourcing, merchandising and private labels, is expected to strengthen the senior leadership team as BigBasket sharpens its focus on quick commerce. Source link
Adani Group and Jabil Inc. on Monday announced plans to form a strategic alliance to establish a vertically integrated AI and data centre infrastructure manufacturing platform in India, targeting large-scale production of AI-ready hardware for domestic and global markets. The proposed alliance will combine Jabil’s engineering and advanced manufacturing capabilities with Adani Group’s infrastructure, green … Read more
“With the regulatory environment becoming more conducive and new pools of investor capital attracting these asset classes, the growth runway for Reits and InvITs is significant. At a time when investors globally are reassessing portfolio construction amid structurally higher interest rates, stable, income-generating structures such as Reits and InvITs are emerging as one of the … Read more
Fintech Razorpay has confidentially filed draft papers for an Initial Public Offering (IPO) likely sized at around $600 million, a source aware of the matter told Reuters on Monday (June 15, 2026). The confidential route allows IPO-bound firms to keep their filings private until the launch of the public issue. The Bengaluru-based firm, backed by … Read more