Business News

Business

Lockheed Martin and Google Forge AI Partnership to Revolutionize Defense Technology

Lockheed Martin partners with Google Public Sector to integrate advanced generative AI into defense systems, aiming to enhance national security, aerospace, and science operations ...

Business

Crusoe Secures $225M Funding to Power AI Expansion with Nvidia's Cutting-Edge Chips

Crusoe raises $225M to purchase Nvidia's Hopper chips, aiming to expand its AI cloud platform and meet the growing demand for AI services, with funding from Upper90 Capital Managem...

Business

Tencent Makes a Bold Move: Invests €1.16 Billion in Ubisoft's New Gaming Subsidiary

Ubisoft partners with Tencent in a €1.16 billion deal to create a subsidiary for its major gaming franchises, aiming for long-term growth and innovation in the gaming industry.

Business

Zen Technologies Secures Major Rs 152 Crore Defense Contract for Cutting-Edge L70 Gun Simulator

Zen Technologies Ltd has won a Rs 152 crore order from the Indian defense ministry for its IADCS simulator for the L70 gun, showcasing advancements in virtual defense training and ...

Business

Zaggle Expands Fintech Dominance with Majority Stake Acquisition in EffiaSoft

Zaggle Prepaid Ocean Services Ltd acquires a 51% stake in EffiaSoft Private Ltd for over Rs 41 crore, enhancing its fintech ecosystem with EffiaSoft's billing software expertise an...

Business

Trump Announces Sweeping 25% Tariff on Imported Automobiles and Parts, Sparks Global Trade Tensions

US President Donald Trump's announcement of a 25% tariff on imported automobiles and parts has sparked global trade tensions, with potential impacts on American consumers and speci...

Business

Adani Energy Solutions Expands Portfolio with Strategic Acquisition of Mahan Transmission Project

Adani Energy Solution Ltd has acquired Mahan Transmission Ltd, a Rs 2,200-crore intra-state transmission project, to expand its network by 2,800 MVA of substations capacity and 740...

Business

Indian Bank Faces Rs 873 Crore Tax Demand Notice: A Detailed Look into the Controversy

Indian Bank has received a Rs 873 crore tax demand notice from the income tax department for AY 2017-18, citing certain disallowances. The bank plans to appeal, confident in its le...