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UK May Compel Google to Change Search Rankings, Offer Alternatives
UK's Competition and Markets Authority (CMA) is proposing to designate Alphabet-owned Google with "strategic market status", it said on Tuesday, giving it more power to intervene in search services to increase innovation and economic growth. The CMA aims to use its expanded power to rein in the power of tech giants such as Google, Apple, Meta and M...
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Adani Group's Revenue Goes Up By 7%, Gautam Adani Announces Big Capex Plan
Gautam Adani outlined the Adani Group's strong FY25 performance and spoke about a robust annual capex of an anticipated $15-20 billion over five years at the AGM.
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Maruti Suzuki To Invest Rs 925 Crore In Solar Power, Targets 319 MWp By FY'31
MSIL has commissioned a 20MWp solar power project at its new facility in Kharkhoda, Haryana, and added another 10MWp solar capacity to its Manesar facility.
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Stablecoin Giant Circle Targets $6.7 Billion Valuation in US IPO
New York-based Circle and some existing investors are looking to raise up to $624 million (roughly Rs. 5,339 crore) by offering 24 million shares priced between $24 (roughly Rs. 2,053) and $26 (roughly Rs. 2,225) a piece. Circle is offering 9.6 million shares in the offering.
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India Not Among Nations Nervous About US After Donald Trump's Return: S Jaishankar
There is a trend towards a more diverse, multipolar world but older, industrialised economies have not gone away and remain prime investment targets, External Affairs Minister S Jaishankar said on Sunday.
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US To Curb AI Investment In China Soon
The final rules, which target outbound investment to China in AI, semiconductors and microelectronics and quantum computing, are likely to be released with the next week or so.
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Adani Green To Invest Rs 2 Lakh Crore In Renewable Energy Capacity Growth By 2030
Adani group is looking to invest about Rs 2 lakh crore by 2030 to build 40 gigawatts of renewable energy generation capacity, as it targets net zero emissions across businesses by 2050, top officials said today.
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"GIFT City Efficient Channel To Make India Low-Carbon Economy": PM Modi
India wants to make its financial hub in Gujarat a centre for global sustainable finance to help fund the $10 trillion investment needed to achieve its 2070 net zero emissions goal, Prime Minister Narendra Modi said on Saturday.
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Improve Business Environment To Realise Investment Target: Japan PM Urges PM Modi
The two leaders agreed to work together in such areas as maintaining and strengthening a free and open international order based on the rule of law as well as in the field of advanced technology, including space.
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Tesla to Discuss Factory Plan for New Rs. 20 Lakh Electric Car With Commerce Minister Piyush Goyal
Tesla representatives are set to meet India’s commerce minister this month to discuss plans to build a factory to produce what the company has described as an all-new $24,000 (roughly Rs. 20 lakh) car, a person with direct knowledge of the matter told Reuters.
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LG Electronics Targets $77 Billion Sales by 2030, Aims to Enter List of Top 10 Global Vehicle Component Firms
LG Electronics said on Wednesday it is targeting $77 billion (roughly Rs. 6,33,791 crore) in sales by 2030 and plans some KRW 50 trillion (roughly Rs. 3,19,007 crore) of investment as the South Korean company announced its future strategy. It plans to become a global top 10 company in vehicle components by more than doubling revenue to KRW 20 trill...
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Micron Invests $602 Million in Existing Chip Plants in China
Micron said on Friday it was committed to China and would invest $603 million (roughly Rs. 4,900 crore) over the next few years in its chip packaging facility in the Chinese city of Xian.
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BSNL Aims to Double Its Market Share in 3 Years; Will Invest Rs. 30,000 Crore in Network Gradation
The Chairman and Managing Director of the Bharat Sanchar Nigam Limited (BSNL) Pravin Kumar Purwar has said that the BSNL has set up a target to reach 15 percent to 20 percent of market share in three years.
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Binance to Close Australian Derivatives Business Amid Financial Services Licence Cancellation
Binance will close its Australian derivatives business after relinquishing a financial services licence on Thursday amid a regulatory probe into its operations. The Australian Securities and Investment Commission (ASIC) has been conducting a "targeted review" of Binance, first confirmed in February, when Binance said it had misclassified some retai...
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Jack Dorsey's Block Targeted By Hindenburg: 5 Points On The Company
US investment group Hindenburg Research has targeted former Twitter CEO Jack Dorsey. The Hindenburg report said Mr Dorsey's mobile payments firm Block "widely overstated" its user base.
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UK May Compel Google to Change Search Rankings, Offer Alternatives
UK's Competition and Markets Authority (CMA) is proposing to designate Alphabet-owned Google with "strategic market status", it said on Tuesday, giving it more power to intervene in search services to increase innovation and economic growth. The CMA aims to use its expanded power to rein in the power of tech giants such as Google, Apple, Meta and M...
-
Adani Group's Revenue Goes Up By 7%, Gautam Adani Announces Big Capex Plan
Gautam Adani outlined the Adani Group's strong FY25 performance and spoke about a robust annual capex of an anticipated $15-20 billion over five years at the AGM.
-
Maruti Suzuki To Invest Rs 925 Crore In Solar Power, Targets 319 MWp By FY'31
MSIL has commissioned a 20MWp solar power project at its new facility in Kharkhoda, Haryana, and added another 10MWp solar capacity to its Manesar facility.
-
Stablecoin Giant Circle Targets $6.7 Billion Valuation in US IPO
New York-based Circle and some existing investors are looking to raise up to $624 million (roughly Rs. 5,339 crore) by offering 24 million shares priced between $24 (roughly Rs. 2,053) and $26 (roughly Rs. 2,225) a piece. Circle is offering 9.6 million shares in the offering.
-
India Not Among Nations Nervous About US After Donald Trump's Return: S Jaishankar
There is a trend towards a more diverse, multipolar world but older, industrialised economies have not gone away and remain prime investment targets, External Affairs Minister S Jaishankar said on Sunday.
-
US To Curb AI Investment In China Soon
The final rules, which target outbound investment to China in AI, semiconductors and microelectronics and quantum computing, are likely to be released with the next week or so.
-
Adani Green To Invest Rs 2 Lakh Crore In Renewable Energy Capacity Growth By 2030
Adani group is looking to invest about Rs 2 lakh crore by 2030 to build 40 gigawatts of renewable energy generation capacity, as it targets net zero emissions across businesses by 2050, top officials said today.
-
"GIFT City Efficient Channel To Make India Low-Carbon Economy": PM Modi
India wants to make its financial hub in Gujarat a centre for global sustainable finance to help fund the $10 trillion investment needed to achieve its 2070 net zero emissions goal, Prime Minister Narendra Modi said on Saturday.
-
Improve Business Environment To Realise Investment Target: Japan PM Urges PM Modi
The two leaders agreed to work together in such areas as maintaining and strengthening a free and open international order based on the rule of law as well as in the field of advanced technology, including space.
-
Tesla to Discuss Factory Plan for New Rs. 20 Lakh Electric Car With Commerce Minister Piyush Goyal
Tesla representatives are set to meet India’s commerce minister this month to discuss plans to build a factory to produce what the company has described as an all-new $24,000 (roughly Rs. 20 lakh) car, a person with direct knowledge of the matter told Reuters.
-
LG Electronics Targets $77 Billion Sales by 2030, Aims to Enter List of Top 10 Global Vehicle Component Firms
LG Electronics said on Wednesday it is targeting $77 billion (roughly Rs. 6,33,791 crore) in sales by 2030 and plans some KRW 50 trillion (roughly Rs. 3,19,007 crore) of investment as the South Korean company announced its future strategy. It plans to become a global top 10 company in vehicle components by more than doubling revenue to KRW 20 trill...
-
Micron Invests $602 Million in Existing Chip Plants in China
Micron said on Friday it was committed to China and would invest $603 million (roughly Rs. 4,900 crore) over the next few years in its chip packaging facility in the Chinese city of Xian.
-
BSNL Aims to Double Its Market Share in 3 Years; Will Invest Rs. 30,000 Crore in Network Gradation
The Chairman and Managing Director of the Bharat Sanchar Nigam Limited (BSNL) Pravin Kumar Purwar has said that the BSNL has set up a target to reach 15 percent to 20 percent of market share in three years.
-
Binance to Close Australian Derivatives Business Amid Financial Services Licence Cancellation
Binance will close its Australian derivatives business after relinquishing a financial services licence on Thursday amid a regulatory probe into its operations. The Australian Securities and Investment Commission (ASIC) has been conducting a "targeted review" of Binance, first confirmed in February, when Binance said it had misclassified some retai...
-
Jack Dorsey's Block Targeted By Hindenburg: 5 Points On The Company
US investment group Hindenburg Research has targeted former Twitter CEO Jack Dorsey. The Hindenburg report said Mr Dorsey's mobile payments firm Block "widely overstated" its user base.
