Amazon Web Services (AWS), the cloud division of Amazon.com Inc., has signed a $38 billion deal with OpenAI to supply computing power driven by Nvidia chips. The seven-year agreement marks…
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Groww IPO open for bidding: Should you subscribe? Check GMP
The much-awaited initial public offering (IPO) of Groww, officially known as Billionbrains Garage Ventures Ltd, opened for public subscription today. The digital investment platform is among the most anticipated listings…
ED has attached assets under PMLA, Anil Ambani not on board: Reliance Infra
Reliance Infrastructure Limited on Monday said that certain assets of the company have been provisionally attached by the Enforcement Directorate (ED) under the Prevention of Money Laundering Act (PMLA), but…
Adani Power, Bangladesh opt for arbitration to settle payment dispute: Report
Adani Power said on Monday that it will enter an international arbitration process along with the Bangladesh Power Development Board (BPDB) to resolve disagreements over power supply payments, reported news…
Lenskart vs Groww: Which IPO offers better value for investors?
Two major IPOs, eyewear retailer Lenskart and investment platform Groww, have drawn investor attention this week, in the primary market. Both companies are leaders in their sectors and offer strong…
Renting vs buying? The real question is liquidity vs liability, says expert
Everyone seems to be debating whether it’s better to rent a home or buy one. But according to CA Abhishek Walia, co-founder, Zactor Money, we might be missing the real…
Looking for steady returns? Check who’s giving up to 7.65% on 3-year FDs
When it comes to safe and steady investment options, fixed deposits (FDs) remain a popular choice among Indian savers. Even a small change in FD interest rates can make a…
Ratan Tata’s sisters say he never let relations cloud judgement amid Tata Trusts row
Ratan Tata, the late chairman of India’s largest business group, was deeply caring toward his family but always kept personal ties separate from his professional decisions, his half-sisters said in…
India triples rare earth magnet investment to cut China reliance: Report
The government is planning a major push to strengthen its rare earth magnet manufacturing capacity, with the government considering a proposal to nearly triple the size of its incentive programme…
Mehli Mistry sets stage for legal battle with caveat after removal from Tata Trusts board
Mehli Mistry has filed a caveat before the Mumbai charity commissioner after his reappointment as a trustee of Tata Trusts was rejected last week, seeking to ensure he is heard…