Category: Business

Microsoft CEO Satya Nadella (right) and OpenAI's Sam Altman. (AFP)
Posted in Business

OpenAI, Microsoft lose last chance to avoid a trial with Elon Musk| Business News

OpenAI Inc. and Microsoft failed to escape a trial over Elon Musk’s claims that Sam Altman’s startup betrayed its founding mission as a public charity…

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The Flipkart office in Bengaluru. (Reuters)
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Tiger Global’s $1.6 billion Flipkart exit taxable in India: Supreme Court| Business News

The Supreme Court on Thursday ruled that capital gains arising from American investment firm Tiger Global’s $1.6-billion stake sale in Flipkart to Walmart in 2018…

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Walmart acquired Flipkart for $37 billion in 2018 in what is still the largest e-commerce deal in India. (Reuters)
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Supreme Court rules against Tiger Global in Walmart-Flipkart deal tax case| Business News

Tiger Global’s $1.6-billion stake sale in Flipkart at the time of the Walmart-Flipkart acquisition deal in 2018 is subject to tax, the Supreme Court of…

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A worker sits on a ship carrying containers at Mundra port in Gujarat. (Reuters)
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India’s trade deficit slightly widens to $25.04 billion in December 2025| Business News

India’s trade deficit widened a little last month amid data that showed US exports actually increased in the ongoing fiscal despite 50% tariffs. A worker…

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Soumith Chintala has been appointed CTO of Thinking Machines Lab
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Who is Soumith Chintala, VIT graduate appointed CTO of Thinking Machines Lab?

Soumith Chintala has been appointed CTO of Thinking Machines Lab, the company co-founded by former OpenAI executive Mira Murati. Murati announced that Barret Zoph has…

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Ericsson headquarters in Stockholm, Sweden. (AFP)
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Ericsson plans layoffs in Sweden that’ll affect at least 1,600 jobs| Business News

Ericsson AB plans to cut about 1,600 jobs, as the Swedish network equipment supplier looks to reduce its operational costs. Ericsson headquarters in Stockholm, Sweden….

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Cars on display at Tesla’s facility in Gurugram, India. (Parveen Kumar/HT)
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Tesla offers Model Y on discount in India amid few takers| Business News

Tesla is struggling to offload about a third of the initial electric cars it imported to India last year, as some prospective buyers who made…

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Grok has faced tremendous legal scrutiny in many countries following a deluge of non-consensual morphing of images. (Representative file photo)
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Putting Grok back in the bottle? Decoding how X claims it is taming misbehaving AI| Business News

After weeks of allowing X users to virtually undress women, often children, using the social media platform’s artificial intelligence (AI) chatbot Grok, Elon Musk’s X…

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Dell AI PC
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Dell’s AI facts, analysing Philips’ impressive CX3013 OFR, & China’s car mandate| Business News

Opening thoughts. I like to begin our weekly conversation on a positive, cheerful note. At least as much as possible. Analysing Microsoft’s fairly standard ineptitude…

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India's Prime Minister Narendra Modi (AFP FILE)
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PM Modi to address National Startup Day event on Friday| Business News

NEW DELHI: The government plans to involve big private firms in hand-holding youth to encourage next-generation technopreneurs in areas such as deep tech and artificial intelligence (AI),…

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