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Space startups seek insurance for orbital AI data centers
Posted in Startups

Space startups seek insurance for orbital AI data centers

Space companies have spoken with insurers about coverage for orbital AI data centers, a sign of early progress for an experimental industry backed by Elon…

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Posted in Economy

Peace in West Asia expected to boost order book of Indian exporters: Industry body FIEO

New Delhi: Restoration of peace in the West Asian region is expected to revive the order books of Indian exporters and reduce input costs, as…

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Posted in Economy

India’s net direct tax collections rise 14.6% to Rs 5.21 lakh crore till June 17

Net direct tax collections grew 14.64% to Rs 5.21 lakh crore in the current fiscal till June 17, aided by healthy growth in both corporate…

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Posted in Economy

War, oil and El Nino: Triple threat may cut India Inc’s profit margins by 150 bps

New Delhi: Rating agency ICRA on Thursday said geopolitical tensions in West Asia are likely to act as a key overhang and impact earnings of…

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L’Oréal-Innovist deal: early investors cash in big, founders pocket Rs 800-900 crore
Posted in Startups

L’Oréal-Innovist deal: early investors cash in big, founders pocket Rs 800-900 crore

Innovist cofounder and chief executive Rohit Chawla is expected to pocket around Rs 600-700 crore from the sale of part of his stake to French…

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Posted in Economy

Will continue to support leveraging trade pact provisions, says UK India Business Council

New Delhi: As India and the UK gear up to implement the Comprehensive Economic and Trade Agreement, the UKIBC has said that it will continue…

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Posted in Economy

‘Fastest we’ve ever put a trade deal into force’: British High Commissioner to India Lindy Cameron hails India-UK trade deal

British High Commissioner to India Lindy Cameron on Thursday hailed the India-UK Comprehensive Economic and Trade Agreement (CETA) slated to come into force from July…

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The retailers, television stations, brewers and betting houses that make up capitalism’s starting XI are an ageing and injury-prone lot. For some, this could even be their last tournament. (Unsplash)
Posted in Business

Tournament of losers | Business News

Money, it is often said, has ruined football. Staging the men’s World Cup mostly in America, a country that has produced so many great businessmen…

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On June 15th Fox took a big step into the streaming business, with the surprise announcement that it had agreed to acquire Roku, (Unsplash)
Posted in Business

Fox, Roku and the next phase of the streaming wars

One of the main winners of the streaming wars, Hollywood’s years-long content-spending free-for-all, has turned out to be a non-combatant. While companies such as Disney…

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AI company Dream triples value to $3 billion in funding round
Posted in Startups

AI company Dream triples value to $3 billion in funding round

Dream, an Israeli artificial intelligence company that provides AI and cybersecurity services to governments and critical infrastructure operators, has raised $260 million at a $3…

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