Rupee slips to new record low of 90.56/dollar as India-US trade talks drag on| Business News

The Indian Rupee declined to a record low on Friday, as investor sentiment on the currency remained bogged down by the absence of an India-US trade deal while likely portfolio outflows added to the pressure. The rupee weakened to 90.5175 against the US dollar, slipping past its previous all-time low of 90.4675 hit on December […]

Piyush Goyal sees ‘early conclusion’ for India-EU FTA talks| Business News

NEW DELHI: Union commerce minister Piyush Goyal on Wednesday expressed hope about the possibility of “an early conclusion” of India-EU free trade negotiations, and said talks on the India-US bilateral trade agreement are progressing in New Delhi without giving any specific deadline for concluding the first tranche of the BTA. Jaipur: Union Minister Piyush Goyal (PTI) Replying […]

TCS, OpenAI said to be in advanced talks to build AI infrastructure in India| Business News

OpenAI is said to be in advanced talks to partner Tata Consultancy Services Ltd. to build AI infrastructure in India. That’s seen as a win-win for the world’s largest AI company and what can become the world’s largest AI-led services company. A TCS-OpenAI deal would also mark the beginning of Stargate in India. (Reuters) The […]

Meta said in talks to use Google Tensor AI chips in fresh headache for Nvidia| Business News

Meta Platforms Inc. is reportedly in talks to spend billions on Google’s Tensor AI chips, which are powering its industry-benchmark Gemini 3 model. Nvidia Corp. shares plunged even as Alphabet Inc.’s shares surged on the news. Google already supplies up to 1 million Tensor chips to Anthropic PBC, in what has been called a “really […]

CarTrade says in talks to acquire CarDekho, BikeDekho in consolidation move| Business News

CarTrade Technologies Ltd. on Tuesday said it is in talks to acquire CarDekho and BikeDekho in what can be seen as consolidation move. Vinay Sanghi, chief executive officer of CarTrade Technologies Ltd. (Livemint) The company has been in discussions with Girnar Software regarding a potential consolidation opportunity in the new and used automotive classifieds businesses […]

UpGrad said to be in talks to buy Unacademy at a fraction of its last valuation| Business News

UpGrad, promoted by film producer-turned-entrepreneur Ronnie Screwvala, is said to be in talks to acquire rival Unacademy at a fraction of its last-known valuation. The deal would mark be one of the biggest consolidation moves in India’s edtech space. UpGrad is promoted by film producer-turned-entrepreneur Ronnie Screwvala. (HT) A term-sheet for the UpGrad-Unacademy deal could […]