MUMBAI: Sewing machine manufacturer Singer India Ltd. plans to focus on premiumization and diversification into consumer products to garner a greater share in the domestic and industrial markets that are…
Category: Companies
Amazon founder Jeff Bezos’s Blue Origin formally enters race to develop AI data centers in space
Jeff Bezos’s Blue Origin is seeking permission to deploy nearly 52,000 satellites capable of handling artificial-intelligence computing into orbit. The company said in a filing Thursday that its solar-powered AI…
New York man pleads guilty to cyberstalking in threats to relative of the late UnitedHealthcare CEO
ALBANY, N.Y. (AP) — An upstate New York man admitted to leaving harassing and threatening voicemail messages to a family member of slain Brian Thompson as he pleaded guilty to…
Live Nation CEO’s Pay Tied to ‘Solving’ DOJ-Antitrust Problem
(Bloomberg) — Live Nation Entertainment Inc. Chief Executive Officer Michael Rapino told a New York jury that his multi-million-dollar compensation is tied in part to his “solving the DOJ problem”…
States Sue to Stop Nexstar’s $3.5 Billion Deal for Tegna
(Bloomberg) — A group of state attorneys general are suing to block the $3.5 billion deal by Nexstar Media Group Inc. for rival Tegna Inc., which would create the largest…
Live Nation CEO Michael Rapino, defending his company, takes star role at antitrust trial
NEW YORK (AP) — Live Nation Entertainment’s longtime chief executive was the star witness at a New York antitrust trial Thursday, defending the dominant position his company has taken over…
First challenge filed against Adani’s ₹14,543-crore resolution plan for Jaiprakash Associates
Velocity Enterprises, a Bhopal, Madhya Pradesh-based contractor, has filed the first challenge to the Gautam Adani-led Adani Enterprises’ ₹14,543-crore resolution plan for the diversified infrastructure conglomerate Jaiprakash Associates Ltd (JAL)…
Uber–Rivian deal: $1.25 billion investment to deploy 50,000 robotaxis across US, Europe by 2031
Uber will invest up to $1.25 billion in Rivian Automotive as part of a major partnership to deploy thousands of autonomous vehicles, marking one of its biggest bets yet on…
AIESL eyes Jewar, Navi Mumbai MRO hubs as competition intensifies
NEW DELHI: State-owned aircraft maintenance firm AI Engineering Services Ltd (AIESL) is looking to expand into India’s next aviation hubs, holding discussions to set up maintenance, repair and overhaul (MRO)…
War slows IPOs, but startups keep bringing headquarters home
Even as several IPO-bound technology companies reassess launch timelines amid the war in West Asia, one critical element of their listing preparation—shifting their corporate domicile back to India—remains largely unaffected.…