Dubai to expand financial hub with $27 billion in new projects – Bloomberg Source link
Nvidia has invested $2 billion in AI infrastructure provider CoreWeave, becoming its second-largest shareholder as the two companies expand their partnership to increase data center capacity in the United States. | Photo Credit: Dado Ruvic Nvidia has invested $2 billion in CoreWeave, becoming the AI infrastructure provider’s second-largest shareholder, as the companies expand their partnership […]
Nvidia Corp., the dominant maker of artificial intelligence chips, invested an additional $2 billion in CoreWeave Inc. to help speed up an effort to add more than 5 gigawatts of AI computing capacity by 2030. Nvidia, already a CoreWeave investor, previously agreed to buy more than $6 billion in services from the firm through 2032. […]
Mala Gaonkar’s hedge fund tripled its assets to about $6 billion just three years after it started trading, marking one of the fastest-growing debuts in history. Her SurgoCap Partners was the largest-ever woman-led debut in an industry dominated by men when it launched with $1.8 billion in January 2023. Gaonkar, 56, uses data science to […]
Bengaluru-based RMZ on January 22 announced an investment partnership with Mumbai Metropolitan Region Development Authority (MMRDA) and the City & Industrial Development Corporation of Maharashtra Limited (CIDCO) at the World Economic Forum annual meeting 2026 in Davos to facilitate up to $30 billion in investments across the MMR over the next decade, the company said. […]
Air India Ltd. is set to report a record annual loss after last year’s deadly crash and airspace shutdowns wiped out progress toward a turnaround, according to people familiar with the matter. FILE PHOTO: Branding for Air India is seen on an Airbus A350-900 at the Farnborough International Airshow, in Farnborough, Britain, July 24, 2024. […]
PhonePe Ltd. has updated its draft papers for what’s set to India’s biggest initial public since at least October 2025, but a clear timeline for listing wasn’t immediately available. When it goes on the floors, the PhonePe IPO will be India’s largest IPO since Tata Capital’s $1.7 billion share sale in October 2025. On offer […]
IKEA will more than double its investment in India to more than ₹20,000 crore in the next five years to open more stores and increase sourcing locally. IKEA’s India sales rose 6% to ₹1,861 crore in the year ended August 2025, and IKEA India CEO Patrik Antoni says he plans to quadruple it, including by […]
The Supreme Court on Thursday ruled that capital gains arising from American investment firm Tiger Global’s $1.6-billion stake sale in Flipkart to Walmart in 2018 are taxable in India, handing a major victory to the Union government in an important judgment that is set to shape the future of cross-border investments and treaty-based tax planning. […]
India’s trade deficit widened a little last month amid data that showed US exports actually increased in the ongoing fiscal despite 50% tariffs. A worker sits on a ship carrying containers at Mundra port in Gujarat. (Reuters) Exports rose to $38.51 billion in December from $38.13 billion in November. The imports increased to $63.55 billion […]