For investors navigating markets, stability has become a scarce asset. Global bond yields remain unpredictable, while equity indices swing sharply with every data release. Amid this uncertainty, real estate is quietly reclaiming its appeal. Investors are returning to property not for rapid gains, but as a hedge against inflation, currency erosion and market volatility. Higher […]
Reliance Industries Ltd. is said to have started working on an initial draft red-herring prospectus for the Jio Platforms IPO, in what is expected to be India’s biggest-ever listing. Reliance Industries, led by Chairman Mukesh Ambani, is informally speaking with banks to prepare the Jio Platforms IPO DRHP, which they plan to file with SEBI […]
Meta Platforms Inc. has poached Apple Inc.’s most prominent design executive in a major coup that underscores a push by the social networking giant into AI-equipped consumer devices. Alan Dye most recently oversaw the interface of the Apple Vision Pro headset and a sweeping redesign of Apple OS for liquid glass. (Bloomberg) The company is […]
Meta Platforms Inc. is said to partner Nasdaq-listed and India-focused Sify Technologies Ltd. to set up a 500 MW data centre in Visakhapatnam, as global technology firms descend on the east-coast city to tap into India’s insatiable appetite for AI compute. Mark Zuckerberg’s Meta Platforms will also land its ambitious subsea cable project ‘Waterworth’ at […]
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, […]
Meta has announced layoffs to cut 600 jobs in its unit Superintelligence Labs, as the Facebook owner looks to make its AI unit more flexible and responsive. Meta CEO Mark Zuckerberg. (AFP) The job cuts will affect Facebook Artificial Intelligence Research (FAIR) unit, as well as teams focused on product-related AI and AI infrastructure, the […]
