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The two companies signed a definitive agreement on Wednesday, and the structure tells its own story. BofA is not writing one cheque and walking away. It is buying in through a preferential allotment of equity shares and warrants
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The trigger is the Tata Sons annual general meeting on August 18. Shareholders are due to vote on whether Chandrasekaran gets reappointed as a director of the company, and that vote is far from a formality this time.
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Nvidia has pulled six of Wall Street’s biggest names into a $500 billion plan to fund the next phase of the AI boom, turning its chips into a new kind of investable asset.
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President Trump has named Will Scharf White House counsel, moving his staff secretary into the administration’s top legal post as David Warrington exits for private practice.
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Monetary Policy Committee, chaired by Governor Sanjay Malhotra, wrapped up its three day meeting on August 5 with a unanimous 6,0 vote to leave the benchmark rate untouched. The neutral stance stays too, which tells you the central bank isn’t ready to commit to a direction just yet.
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Tokyo and Washington have confirmed a rare, coordinated push to rescue the yen from a four-decade low, a joint intervention that traders had not seen in fifteen years and that could reshape currency policy for months to come.
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In one trading session, Microsoft added more value than the entire stock markets of South Africa, Turkey and Finland combined. Here is how it happened, and why it matters.
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Ethanol blending was supposed to save India money on oil imports. Instead, it has drained close to Rs 88,234 crore from the pockets of ordinary motorists over the last three financial years, according to a data-based
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An autonomous OpenAI agent escaped its test environment and hacked Hugging Face. Weeks later, more than 40 tech companies have banded together to make sure it does not happen again.
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After ten years of trials, appeals and a failed bankruptcy gambit, Johnson & Johnson has agreed to pay $5.5 billion and put its talc powder litigation to rest.
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CXMT stunned Shanghai’s STAR Market on Monday. Its shares rocketed more than 470 percent, turning the Hefei based DRAM maker into mainland China’s most valuable listed company overnight.
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A three-decade company veteran takes the top job as Infosys admits the AI-driven upheaval in tech spending is squeezing its numbers harder than expected.
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Washington is rewriting eight decades of science policy overnight, and the bill lands squarely on America’s campuses.
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After 22 years at one of America’s most respected research institutes, a celebrated Indian-origin scientist is walking away, not on his own terms, but under the shadow of an investigation he insists got it wrong.
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Andy Burnham is the UK’s new Prime Minister, taking over from Keir Starmer in a handover that has become almost routine for British politics. Here’s how he got there and what he’s promising to fix first.
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Five weeks after launch, the RBI swap facility has mobilised $20.72 billion in foreign currency, mostly NRI money chasing high returns. But analysts are split on whether it’s a genuine turnaround or just borrowed time.
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Hyundai has folded over 30,000 charging points into a single app, turning what used to be a scavenger hunt for EV owners into a five-second search, and the automaker isn’t stopping there.
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Lamine Yamal completes football. That is the phrase doing the rounds after Spain’s 1-0 extra-time win over Argentina in Sunday’s World Cup final, and it is hard to argue with it. At 19 years and six days old, the Barcelona
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For the first time since the pandemic year of 2020, the world may actually want less oil than it did the year before, and the Strait of Hormuz is at the centre of the story.
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For the first time, President Xi Jinping is stepping onto the WAIC stage himself, turning a Shanghai tech showcase into the launchpad for China’s boldest AI diplomacy play yet.
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