Traveling ,Gardening & Finance
Traveling ,Gardening & Finance
Nvidia Corp. is said to have agreed to buy AI chip startup Groq for $20 billion cash, in what is potentially its biggest acquisition till date. Nvidia CEO Jensen Huang. At the end of October, Nvidia had $60.6 billion in cash, up from $13.3 billion in early 2023. (AFP) Groq is expected to alert its […]
India is drawing fresh attention from global fund managers looking to diversify equity investments in the coming year as worries over an AI bubble mount. With the AI frenzy fading and India’s stock valuations falling back near their five-year average after sharply trailing peers this year, the consumption-driven economy is back in favour. (Reuters) Aberdeen […]
A major price drop has landed on Flipkart, and it’s aimed squarely at the iPhone 16 Pro Max. The platform has rolled out what it calls one of its biggest reductions yet. The offer is tied to limited stock and early access. Once those run out, the number disappears. Flipkart announces its biggest price cut […]
Of all the Sephora stores that have gone through the beauty retailer’s new redesign, the Champs-Élysées flagship in Paris is probably the most glam. There’s a long red carpet, high ceilings and a giant table for everything that’s trending on social media. Representative image. “They say that this store gets more visits than the Eiffel […]
Amazon is planning to cut as many as 30,000 corporate jobs beginning on Tuesday, as the company pares expenses and compensates for overhiring during the peak demand of the pandemic, according to three people familiar with the matter. The cuts beginning this week may impact various divisions within Amazon, including human resources, known as People […]
Torrent Pharmaceuticals Ltd. is said to proceed with its plan to raise funds in India’s biggest bond issue so far this year, after the Competition Commission of India approved its acquisition of JB Chemicals & Pharmaceuticals Ltd. last week, Reuters reported citing bankers aware of the matter. Torrent Pharma is likely to fast-track its bond […]
Shares of RBL Bank Ltd. jumped to its highest in nearly five years after the private lender struck the biggest stake-sale deal in India’s banking history. RBL Bank’s stake sale to Emirates NBD is seen as the biggest foreign investment in India’s financial services sector. (Livemint) On Monday, RBL Bank share price rose as much […]
Alphabet Inc.’s Google aims to invest about $15 billion to build an AI hub in India, its largest outside the US, making its biggest bet on a country with a billion-strong internet population. Google will invest about $15 billion over five years (2026–2030) to set up its first AI hub in India, located in Vizag. […]
(Bloomberg) — Most of China’s biggest defaulted developers are reaching a restructuring milestone, as creditors increasingly accept that better terms are unlikely during a real estate crisis that has triggered $130 billion of defaults. Most of China’s biggest defaulted developers are reaching a restructuring milestone, as creditors increasingly accept that better terms are unlikely during […]
