Sam Altman, chief executive officer of OpenAI Inc. (Bloomberg)
Posted in Business

OpenAI wants US government loans to fund its AI investments of over $1 trillion| Business News

ChatGPT creator OpenAI, the world’s largest private company, is asking the US government to provide loan guarantees for its massive infrastructure expansion that will eventually…

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RBL Bank's stake sale to Emirates NBD is seen as the biggest foreign investment in India's financial services sector. (Livemint)
Posted in Business

M&M sells entire 3.5% stake in RBL Bank ahead of open offer by Emirates NBD| Business News

Mahindra & Mahindra Ltd. has sold its entire 3.5% stake in RBL Bank Ltd. at 62.5% gain, ahead of an open offer by Dubai’s Emirates…

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Faering Capital, Bay Capital, others join General Catalyst in PB Healthcare’s $218 million maiden funding round
Posted in Startups

Faering Capital, Bay Capital, others join General Catalyst in PB Healthcare’s $218 million maiden funding round

PB Healthcare, the healthcare business incubated by Policybazaar parent PB Fintech, has raised its first institutional funding from private equity major Faering Capital, India-focussed equity…

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Ola Electric founder Bhavish Aggarwal. (Reuters)
Posted in Business

Revenue plunges 43% on sliding sales, loss narrows| Business News

Ola Electric Mobility Ltd. narrowed its losses in July-September 2025 even as revenue plunged 43%, amid fewer takers for electric two-wheelers. Ola Electric founder Bhavish…

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Posted in Economy

India’s October services growth eases to five-month low on heavy rain, competition, PMI shows

India‘s dominant services sector saw its expansion falter to a five-month low in October, as competitive pressures and heavy rains dampened the robust pace of…

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PhysicsWallah co-founder Alakh Pandey. (Livemint)
Posted in Business

PhysicsWallah sets IPO price for $3.2-billion valuation, GMP shows premium| Business News

PhysicsWallah Ltd. has announced its IPO price that pegs its valuation at $3.2 billion, even as founders of the edtech startup sell fewer shares. PhysicsWallah…

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A much cheaper Macbook that maintains Apple’s design and is embedded in the Walled Garden could spur a new wave of Mac adoption. (Unsplash)
Posted in Business

Apple preps a budget Macbook with iPhone chip to rival Google Chromebook| Business News

Apple Inc. is preparing to enter the low-cost laptop market for the first time, developing a budget Mac aimed at luring away customers from Chromebooks…

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Apple and Google are finalising a deal that would give Apple access to Google’s technology. (Unsplash)
Posted in Business

Apple, Google close in on $1-billion/year AI deal to use Gemini for Siri| Business News

Apple Inc. is planning to pay about $1 billion a year for an ultrapowerful 1.2 trillion parameter AI model developed by Alphabet Inc.’s Google that…

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Posted in Economy

Talks with US on bilateral trade agreement going well: Piyush Goyal

Auckland: Commerce and industry minister Piyush Goyal Wednesday said India and the US are continuing discussions to seal a proposed bilateral trade agreement (BTA) and…

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Posted in Economy

India won’t compromise on dairy, MSMEs in trade pacts, says Piyush Goyal after meeting New Zealand PM

Auckland: Commerce and industry minister Piyush Goyal on Wednesday said India consistently protects the interests of vulnerable sectors such as dairy and micro, small and…

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