India’s gold reserves crossed the $100 billion mark for the first time, according to the Reserve Bank of India’s latest forex reserves data, buoyed by a global gold price rally. The gold’s share in India’s forex reserves has almost doubled over the past decade—from below 7% to nearly 15%. (Bloomberg) RBI’s gold reserves rose by […]
The valuation of Indian Premier League has eroded for a second year in a row, after a bidding war for broadcasting rights made it the world’s most lucrative cricket tournament. Cricketer Virat Kohli’s Royal Challengers Bangalore is the latest winner of the Indian Premier League in 2025. (Representative Image/ANI) IPL’s valuation dropped nearly 11% to […]
Google CEO Sundar Pichai on Monday announced plans to set up the first-ever Google AI hub in Visakhapatnam, calling it a “landmark development” that will combine gigawatt-scale compute capacity, a new international subsea gateway, and large-scale energy infrastructure. Prime Minister Narendra Modi with the CEO of Google and Alphabet Sundar Pichai during a meeting, at […]
Alphabet Inc.’s Google will invest $10 billion to set up a massive data centre and artificial intelligence hub in Andhra Pradesh, officials from the southern Indian state said, marking its biggest such investment in the South Asian nation. Google and Andhra Pradesh are likely to sign a formal agreement on the AI project later today. […]
(Bloomberg) — Blackstone Inc. has agreed to sell a portfolio of UK warehouses valued at £1 billion ($1.3 billion) to Tritax Big Box REIT Plc in a deal that will hand the alternative asset manager a stake in the landlord. Blackstone Inc. has agreed to sell a portfolio of UK warehouses valued at £1 billion […]
As chief product officer at Cisco, Jeetu Patel’s paycheck is easily in the millions. However, Patel is no stranger to struggle and hard work. He started his career not in the corporate world but in the service industry – waiting tables for $4 an hour. Jeetu Patel, chief product officer at Cisco, once worked as […]
Private equity inflows in Indian real estate fell 15% to $2.2B in H1 FY26 as fewer deals closed, though average deal sizes and foreign interest stayed steady Source link
The funding includes purchase of Nvidia processors and renting them out to Elon Musk’s AI startup xAI for use in its data centre called Colossus 2 in Memphis. Source link
The first day of the Tata Capital IPO indicates a cautious start for an offering that underwhelmed with its price band, vis-a-vis grey market premium (GMP). Source link