Published on: Dec 10, 2025 11:11 am IST Microsoft CEO Satya Nadella announced a USD 17.5 billion investment to boost India’s AI and cloud ecosystem, the largest commitment in Asia. Microsoft CEO Satya Nadella has unveiled a landmark USD 17.5 billion investment to accelerate India’s AI and cloud ecosystem, the company’s largest-ever commitment in Asia. […]
Amazon.com Inc. plans to invest $35 billion in India through 2030, creating one million more jobs by then, Bloomberg News reported on Wednesday. Amazon.com Inc. plans to invest $35 billion in India through 2030, creating one million more jobs by then. (AFP) The news comes a day after Microsoft Corp. pledged to invest $17.5 billion […]
Paramount Skydance on Monday launched a hostile bid worth $108.4 billion for Warner Bros Discovery, in a last-ditch effort to outbid Netflix and create a media powerhouse that would challenge the dominance of the streaming giant. Entertainment giant Paramount, now renamed Paramount Skydance, is attempting a hostile takeover bid for Warner Bros. Discovery worth $108.4 […]
Netflix Inc. agreed to buy Warner Bros. Discovery Inc. in a historic combination, joining the world’s dominant paid streaming service with one of Hollywood’s oldest and most revered studios. The Warner Bros. acquisition marks an dramatic strategic shift for Netflix, which has never made a deal of this scope. (Reuters) Under the deal announced Friday, […]
The Adani Group plans to invest $15 billion to boost passenger capacity at its airports to 200 million annually in the next five years, helping power India’s aviation boom as it prepares to list its airport unit. The Adani Group HQ in Ahmedabad. The Adani Airports expansion plan excludes 20 million at Navi Mumbai and […]
Japanese Prime Minister Sanae Takaichi’s government plans to issue more new bonds to fund its economic package than the corresponding amount last year, as concerns smolder over the nation’s public finances and rising yields. Japan Prime Minister Sanae Takaichi. (Bloomberg) The extra budget, totaling about ¥18.3 trillion ($117 billion), will be funded by ¥11.7 trillion […]
Tata Consultancy Services Ltd. has raised $1 billion from TPG for its AI data centre business called HyperVault, as part of its endeavour to become the world’s largest AI-led IT services company. For TCS, the AI data centre in India opens a new frontier. (Reuters) The San Francisco-based private equity firm and India’s largest IT […]
More Retail Pvt. Ltd., the food and grocery chain jointly owned by Amazon.com Inc. and Samara Capital Partners, has picked advisers for an impending initial public offering that could raise about $300 million, according to people familiar with the matter. More Retail was acquired in 2019 by Witzig Advisory Services Pvt., a joint venture of […]
SoftBank Group Corp. sold its entire stake in Nvidia Corp., pocketing $5.8 billion ahead of a rash of planned investments by founder Masayoshi Son to build his own sphere of influence supporting artificial intelligence. SoftBank CEO Masayoshi Son. (Reuters) The Tokyo-based company had raised its stake in Nvidia to about $3 billion by the end […]
Investment bankers are proposing a valuation of as much as $170 billion for Jio Platforms Ltd., according to people familiar with the matter, ahead of what could be a record-breaking initial public offering for Reliance Industries Ltd.’s wireless carrier. Mobile sim card packets for Jio Platforms Ltd., a unit of Reliance Industries Ltd., in Mumbai, […]
