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A consortium led by global asset manager BlackRock, along with chipmaker Nvidia and tech giant Microsoft, is set to acquire Aligned Data Centers from Australian financial services major Macquarie in a deal valued at around $40 billion.The acquisition underscores the tech sector’s escalating race to build artificial intelligence infrastructure — from chips and servers to…
A decade ago when SS Rajamouli’s Bahubali– The Beginning hit the theaters it changed Indian Cinema. Its sequel Bahubali 2- The Conclusion went on to become the biggest sequel and the biggest film of Indian Cinema till Pushpa 2- The Rule came along. Bahubali franchise gave scale, shattered regional boundaries, and introduced Prabhas to the…
Wall Street stocks slipped in early trading on Tuesday as trade tensions with China resurfaced, putting pressure on major indices. The S&P 500 fell 1 per cent, the Dow Jones Industrial Average slipped 383 points or 0.8 per cent, and the Nasdaq composite shed 1.5 per cent as of 9:57 a.m. Eastern time, AP reported.The…
JPMorgan Chase on Monday unveiled a $1.5 trillion plan to bolster key US industries, including rare minerals, shipbuilding, and nuclear energy, in a move it described as critical for national security and economic resilience.The US banking giant, which manages assets of about $3.8 trillion, said it would deploy direct equity and venture capital investments of…
NEW DELHI: In the backdrop of growing global economic uncertainty and fluctuating financial markets, gold continues to attract investors seeking a safe haven for preserving their wealth.Experts say that despite occasional fluctuations, gold’s long-term performance makes it a reliable hedge against inflation, currency risks, and geopolitical uncertainties.Experts also pointed to the key drivers of gold…
US stocks rebounded on Monday after President Donald Trump signalled a softer approach on China, easing market fears of escalating tariffs and a potential trade clash.The S&P 500 rose 1.1%, recovering nearly half of its steep decline on Friday, which had marked its worst drop since April. The Dow Jones Industrial Average gained 413 points,…
Philips India is set to broaden its footprint in the domestic market by introducing more global product lines and strengthening its offerings in male grooming and mother and child care, responding to rising consumer demand for premium personal care products.The company, which recently rolled out its rechargeable intimate skin-protect grooming product, OneBlade, aimed at Gen…
EY and Microsoft on Saturday launched the AI Skills Passport, a free online learning initiative aimed at equipping Indian students and early-career professionals with essential artificial intelligence (AI) skills. The program targets individuals aged 16 and above and is designed to bridge the country’s growing AI skills gap, according to an EY statement, ANI reported.Part…
Gold and silver are poised for a volatile week ahead as investors navigate the interplay between domestic festive buying, physical market premiums, and crucial macroeconomic developments in the US, analysts said. With Federal Reserve officials, including Chair Jerome Powell, set to comment on policy on Tuesday, bullion markets are expected to closely track any cues…
Easing investment procedures for non-resident Indians (NRIs) is an “urgent goal” for Sebi, Chairman Tuhin Kanta Pandey said on Saturday, highlighting plans to simplify compliance and expand participation in Indian capital markets. Speaking at an event organised by the Bombay Stock Exchange Brokers’ Forum, Pandey emphasised the need for NRIs to complete know-your-customer (KYC) formalities…
