NEWS
Nvidia Nearly Becomes World’s Most Valuable Company Amid AI Boom
By Cygnus | 04 Jul 2025
Nvidia came close to making history on Thursday, briefly hitting a staggering $3.92 trillion market valuation—just shy of becoming the most valuable company of all time.
Reliance Industries plans to spin off new consumer products arm; invests in UK beauty business
By Axel Miller | 04 Jul 2025
Reliance Industries Ltd (RIL), which runs India’s largest retail network that brings together Reliance Retail Ventures Ltd (RRVL), Reliance Retail Ltd (RRL) and Reliance Consumer Products Ltd (RCPL)
Apple’s India Manufacturing Ambitions Face Setback as Foxconn Pulls Chinese Engineers
By Cygnus | 03 Jul 2025
Apple’s efforts to expand its manufacturing footprint in India have hit a roadblock. Foxconn, the tech giant’s key assembly partner, has quietly recalled a large number of Chinese engineers and technicians
RBI directs banks to integrate DoT’s Financial Fraud Risk Indicator into their systems
By Unnikrishnan | 03 Jul 2025
Reserve Bank of India (RBI) has directed all financial intermediaries, including scheduled commercial banks, small finance banks, payments banks, and co-operative banks to integrate
Indian scientists develop high-performance green energy storage material
By Unnikrishnan | 03 Jul 2025
Scientists from Bengaluru’s Centre for Nano and Soft Matter Sciences (CeNS) in collaboration with Aligarh Muslim University,
India to launch Rs1 lakh crore research, development and innovation scheme
By Unnikrishnan | 02 Jul 2025
The union cabinet has approved a scheme, with a corpus of Rs1 lakh crore, to scale up research, development and innovation (RDI) in strategic and sunrise sectors
ABB expands robotics business in China with three new factory robot models
By Unnikrishnan | 02 Jul 2025
ABB on Wednesday unveiled three new models of robots specifically developed for use in Chinese factories, as part of the company’s move to cater to the growing demand
Qantas faces major data breach: 6 million customer records exposed
By Cygnus | 02 Jul 2025
Australia’s flag‑carrier is dealing with its largest cybersecurity incident in years after an attacker accessed a third‑party customer‑service platform tied to one of its call centres.
Trump targets Musk’s subsidies amid renewed political clash
By Axel Miller | 01 Jul 2025
U.S. President Donald Trump has reignited a simmering feud with Elon Musk, urging a review of the billions in government subsidies granted to the billionaire’s companies.
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JSW Paints to acquire majority stake in Akzo Nobel’s Indian unit for nearly Rs9,000 cr
By Unnikrishnan | 01 Jul 2025
JSW Paints on Friday announced the acquisition of a majority stake in the Indian operations of Dutch paints and coating company Akzo Nobel NV in a deal worth nearly Rs9,000 crore.
Mazagon Docks to acquire substantial stake in Colombo Dockyard
By Unnikrishnan | 01 Jul 2025
State-owned defence ship building company Mazagon Dock Shipbuilders is investing Rs452 crore ($52.96 million) to acquire a controlling stake in Sri Lanka’s Colombo Dockyard PLC
Hindalco to acquire US specialty alumina manufacturer AluChem for $125 million
By Unnikrishnan | 27 Jun 2025
Aditya Birla Group firm Hindalco Industries has acquired US-based specialty alumina company AluChem Companies Inc for $125 million
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