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NVIDIA pitches GPUs as collateral for long term AI loans
Nvidia aims to transform its AI chips into durable, fungible assets for financing, but Wall Street remains skeptical about their long-term collateral value.
NVIDIA shares near May highs after 23% rally on AI
Nvidia shares rose 1.3% Friday, closing just below their May high, as the company's market capitalization approaches $6 trillion amid renewed investor interest in AI-driven growth.
IRDAI proposes commissions and management costs caps to curb mis-selling
Irdai's proposed regulations aim to curb mis-selling by capping commissions and focusing on cost control, ensuring policyholders benefit from lower premiums and improved returns.
DRI arrests 8, seizes gold and diamonds at Mumbai airport
The Directorate of Revenue Intelligence seized gold and diamonds worth ₹13.73 crore, arresting eight syndicate members at Mumbai airport during Operation Carat-Karat Nexus.
NVIDIA CEO Jensen Huang crosses $200 billion net worth
Jensen Huang, Nvidia's CEO, has reached a net worth of $203.2 billion as Nvidia shares hit a record high, making him the world's seventh-richest person.
Karnataka's Innoverse Foundation announces 1st deeptech enabler cohort for startups
Innoverse Foundation's DeepTech Enabler programme assists growth-stage start-ups in overcoming the "third valley of death" by providing infrastructure, capital, and market access.
ED probes betting rings disguising ₹2,000 cr as AI investments
The Enforcement Directorate is probing illegal betting syndicates for allegedly moving over Rs 2,000 crore abroad by disguising funds as investments in AI technology companies.
Noel Tata challenges N Chandrasekaran's reappointment, seeks September 17 records
Noel Tata has requested the video recording and minutes of a Tata Sons board meeting, questioning the legal opinions validating N Chandrasekaran's reappointment as chairman.
India's data center preleasing more than doubles to 1.2GW
Pre-leased data centre capacity in India surged to 1.2GW by June 2026, driven by escalating demand for AI and cloud infrastructure, outpacing the available supply.
Amazon returns part of $600 million after Supreme Court ruling
Amazon will share a $600 million tariff refund with eligible customers, automatically issuing reimbursements for specific items where import charges were passed on.
Amazon returning part of $600 million after Supreme Court tariff ruling
Amazon is issuing refunds to customers after receiving a $600 million tariff refund, targeting purchases where import charges were passed on.
Anthropic launches Claude Corps fellowship paying $85,000 for nonprofit AI
Anthropic's Claude Corps program offers 1,000 early-career professionals a $85,000 salary to apply AI in nonprofits. Applications are open until July 17 for the October cohort.
Anthropic launches Claude Corps with $85,000 stipends at US nonprofits
Anthropic's Claude Corps program offers $85,000 and benefits to 1,000 early-career professionals to apply AI in nonprofits. Apply by July 17 for the October cohort.
Anthropic launches Claude Corps fellowship for 1,000 US early-career professionals
Anthropic's Claude Corps program offers $85,000 and benefits to 1,000 early-career professionals to apply AI in nonprofits. Apply by July 17 for the October cohort.
IBM, Red Hat unveil Project Lightwell $5B open-source security program
IBM and Red Hat are investing $5 billion and deploying 20,000 engineers through Project Lightwell to address open-source security vulnerabilities at an industrial scale.
IBM, Red Hat announce $5B Lightwell for open source security
IBM and Red Hat are investing $5 billion and deploying 20,000 engineers to enhance open-source software security through their new initiative, Project Lightwell.
Upwork: AI skills demand up 109% last year, human expertise
Upwork's report reveals a 109% increase in demand for AI-related skills in 2025, indicating a shift towards integrating AI into workflows rather than replacing human workers.
Silicon Valley pours billions into AI while 13,100 jobs cut
Silicon Valley's AI boom has left many former high-earning tech workers jobless, struggling to find employment despite impressive résumés and advanced degrees.
UNDP warns global fuel subsidies could surpass $1 trillion 2026
A United Nations study reveals that global fuel subsidies could exceed $1 trillion this year due to the Iran war and other crises, straining government budgets worldwide.
India hiring up 2% with AI and auto gains
India's white-collar hiring increased by 2% year-on-year in September, driven primarily by a 20% surge in AI/ML roles, according to the Naukri JobSpeak Index.
India extends RoDTEP to end 2026, increases shipment insurance coverage
India has extended the RoDTEP scheme for exporters until December 2026 and increased insurance risk coverage to 95% for shipments to specified regions amid West Asia disruptions.
Maninder Sidhu leads nearly 300 to India to seek CEPA
Canada's Trade Minister Maninder Sidhu will lead a 300-member business delegation to India, aiming to explore opportunities as CEPA negotiations continue.
Blackstone's Jas Khaira to address long term AI funding needs
Jas Khaira of Blackstone will discuss strategies for building enduring AI companies at TechCrunch Disrupt 2026, focusing on capital decisions and long-term growth.
Bitcoin crosses $86,000 mark
Bitcoin's price has surged past the $86,000 mark, marking a three-week-long recovery.
Trade measures against forced labor must be evidence-based: Piyush Goyal
India has called for trade measures against goods produced using forced labor to be backed by specific and verifiable evidence.
Sensex hits 52-week low: Why India's market rout is deepening
The Indian stock market is witnessing a major downturn, with the Sensex hitting a 52-week low of 71,293 on Thursday. This is lower than levels seen when crude prices had surged past $120 a barrel.
Adani Group to invest over ₹6 lakh crore in Maharashtra
The Adani Group has announced a massive investment plan of over ₹6 lakh crore in Maharashtra.
Nike's market value has plunged $230B from its peak
Nike's shares crashed by a staggering 8.5% in after-hours trading on Thursday to $32.20. The fall was triggered by the company's disappointing fiscal first-quarter results and an even bleaker outlook for the future.
FAA to hold safety review over Boeing 737 MAX software
The US Federal Aviation Administration (FAA) will hold a safety review on Friday over a software issue affecting Boeing's 737 MAX aircraft.
Broadcom seeks $60B financing to support Anthropic, other AI firms
Broadcom Inc. is reportedly seeking $60 billion in new financing for artificial intelligence (AI) chips.
New Mexico seeks $40B penalty against Meta over privacy violations
New Mexico has demanded that a judge impose penalties of between $35 billion and $40 billion on Meta Platforms.
US-India trade deal not 'imminent': US trade chief
The United States and India are still working on the details of a long-awaited trade agreement, US Trade Representative Jamieson Greer said on Thursday.
Musk warns Delta CEO over choosing Amazon's Leo over Starlink
Elon Musk has expressed his displeasure at Delta Air Lines for opting Amazon's Leo over SpaceX's Starlink for in-flight Wi-Fi.
Microsoft's Office and Teams chief departs
Ryan Roslansky, the former CEO of LinkedIn and current head of Microsoft Office and Teams, is leaving the tech giant.
Who is Anup Bagchi, HDFC Bank's new CEO?
HDFC Bank, India's leading private lender, has appointed Anup Bagchi as its new Managing Director and Chief Executive Officer (CEO) for a three-year term.
These BSNL plans now come with free insurance
Bharat Sanchar Nigam Limited (BSNL) has introduced free insurance benefits with two prepaid plans.
Oil prices surge over 2% as China halts fuel exports
Oil prices surged by over 2% on Thursday, with Brent crude crossing the $100 per barrel mark.
India's GST collections cross ₹2 lakh crore in September
India's gross Goods and Services Tax (GST) collection for September stood at ₹2,03,521 crore, a year-on-year increase of 14.7%.
Airtel Money sets IPO price, targets $7B valuation
Airtel Africa's mobile payments business, Airtel Money, has announced the price for its upcoming initial public offering (IPO) in London.
Nifty suffers longest losing streak in 25 years
India's benchmark index, the Nifty50, is on its longest losing streak in 25 years.
California bans AI from making layoff decisions
California has passed a groundbreaking law, the 'No Robo Bosses Act,' that prohibits employers from using artificial intelligence (AI) as the sole basis for firing or disciplining employees.
UPI crosses 800M daily transactions for first time
India's Unified Payments Interface (UPI) has hit a major milestone, processing 24.07 billion transactions worth ₹29.37 lakh crore in September.
Paramount names Ynon Kreiz co-CEO ahead of Warner merger
Paramount has announced the appointment of Ynon Kreiz as its new co-CEO, ahead of the completion of its $110 billion merger with Warner Bros. Discovery.
India's manufacturing sector rebounds in September
India's manufacturing sector witnessed a growth spurt in September, ending a three-month-long slowdown.
AI voice start-up ElevenLabs hits $22B valuation
AI voice start-up ElevenLabs has announced a major milestone in its growth journey. The company is letting employees cash out a part of their vested equity at a whopping $22 billion valuation.
Who is Anup Saha, Kotak Bank's new MD and CEO?
Kotak Mahindra Bank has announced the appointment of Anup Kumar Saha as its new Managing Director and Chief Executive Officer (CEO).
US stocks rise as softer inflation cools Fed hike fears
US stocks have witnessed a surge, reversing the September decline in the S&P 500 index.
Noel vs Srinivasan: What's happening at Tata Trusts?
Noel Tata, the chairman of Tata Trusts, and his son Neville have filed multiple caveats with the Maharashtra charity commissioner.
Moneyview lists at 62% premium: Should you hold or sell?
Moneyview, a prominent player in the financial technology sector, has made its debut on the National Stock Exchange(NSE) with a bang.
Gautam Adani overtakes Mukesh Ambani to become India's richest
Gautam Adani has reclaimed the title of India's richest person, according to Forbes' 2026 list.
Commercial LPG cylinders get costlier by up to ₹71.5
The price of the 19kg commercial LPG cylinder has been hiked from today. The increase varies across cities, with Delhi seeing a hike of ₹62.50, taking the total cost to ₹2,810.
Coca-Cola might file for $1B India IPO in December
Coca-Cola is said to be planning an initial public offering (IPO) of its Indian bottling unit, Hindustan Coca-Cola Beverages.
Why Hotmail founder Sabeer Bhatia wants 55% inheritance-tax in India
Sabeer Bhatia, the co-founder of Hotmail, has sparked a fresh debate over inheritance tax in India.
Why employee morale at Flipkart is down
Flipkart, the Walmart-owned e-commerce giant, is facing a major leadership crisis as several top executives have resigned in recent months.
FSSAI suspends license of Seven Seas Hospitality over hygiene violations
The Food Safety and Standards Authority of India (FSSAI) has suspended the license of Seven Seas Hospitality Pvt Ltd for serious hygiene and sanitation violations.
This IT services provider is planning $7B IPO in India
EQT AB-owned Virtusa is considering an initial public offering (IPO) in India, which could value the company at $7 billion.
DoorDash to create 3,000 jobs in India by 2028
Food delivery giant DoorDash has announced plans to create 3,000 jobs in India over the next two years.
OpenAI seeks $30B at $1.4T valuation ahead of IPO
OpenAI is reportedly in talks to raise at least $30 billion in a pre-IPO funding round.
This renewable energy firm has filed for ₹10,000cr IPO
Inox Clean Energy, part of the INOXGFL Group, has filed its Draft Red Herring Prospectus (DRHP) with SEBI for a ₹10,000 crore initial public offering (IPO).
Why Tesla has lined up credit backup worth $30B
Tesla has secured $30 billion in new credit lines to help scale its upcoming products, including the Cybercab robotaxi and Optimus robot.
China's manufacturing sector returns to growth in September
China's manufacturing sector has shown signs of recovery in September, according to an official survey.
Why Noel Tata is opposing Tata Sons listing
Noel Tata, who heads the charitable trusts that own 66% of Tata Sons, has voiced his opposition to the public listing of Tata Sons.