Amazon plans to invest USD 35 billion in India over the next five years to expand its businesses from quick commerce to cloud computing and artificial intelligence, as the global supermajor doubles down on its presence in the world’s fastest-growing economy. The investment by the US e-commerce giant comes a day after Microsoft pledged USD […]
Category: Business
Microsoft commits USD 17.5 billion to build India’s AI infrastructure after Nadella-Modi meeting
Microsoft said that the USD 17.5 billion (around Rs 1.58 lakh crore) investment builds on the USD 3 billion (around Rs 26,955 crore) funding announced earlier this year, which the company is on track to spend by the end of CY (calendar year) 2026.
Indian investors can now verify expected ROI with new SEBI platform
India’s capital markets regulator, the Securities and Exchange Board of India (SEBI), on Monday introduced PaRRVA
Apple to Launch Fitness+ Service in India on Dec 15
Tech major Apple on Monday announced Apple Fitness+, the award-winning fitness and wellness service, is launching in India on December 15.
Piyush Gupta speaks of “exciting India story” as new India chairman of Singapore state investor Temasek
Quoting the Singapore state investor, Reuters said that in his non-executive role, Gupta would work with Ravi Lambah, Temasek’s head of India and strategic initiatives, “to shape investment strategies, support portfolio companies as they identify opportunities, and engage with government and business leaders in India”.
IndiGo cancels over 550 flights, seeks FDTL relaxations; says operations will stabilise by February 2026
IndiGo on Thursday, December 4, told aviation watchdog DGCA that operations are expected to be fully stabilised by February 10, 2026, and sought temporary relaxations in flight duty norms on a day when the country’s largest airline cancelled more than 550 flights, disrupting the travel plans of hundreds of passengers. Acknowledging that the flight disruptions […]
RBI lowers interest rate by 25 bps to boost growth; loans to get cheaper
Announcing the fifth bi-monthly monetary policy for the current fiscal, RBI Governor Sanjay Malhotra said the Monetary Policy Committee (MPC) has unanimously decided to cut the short-term lending rate or repo rate by 25 basis points to 5.25 per cent with a neutral stance.
Apple Watch gains Hypertension detection capability in India
Tech major Apple Watch has introduced a hypertension notifications feature in India
Indian-origin executive Amar Subramanya named Apple’s Vice-President of AI
Indian-origin AI researcher and engineer Amar Subramanya has been appointed Apple’s new Vice-President of Artificial Intelligence
Samsung unveils world’s first AI Trifold phone, check out features
Samsung Electronics on Tuesday announced the launch of Galaxy Z TriFold
