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Business

Rama Mohan Rao Amara Appointed as SBI Managing Director

The government appoints Rama Mohan Rao Amara as the managing director of the State Bank of India for a period of three years, filling the vacancy left by CS Setty's elevation to ch...

Business

myTVS Pioneers Quick Commerce for Auto Parts and Lubricants

myTVS, a digital auto aftermarket platform, enters the quick commerce segment for auto parts and lubricants through supply chain partnerships, aiming to establish 50 dark stores by...

Business

EU Grants €1.3B to Build Revolutionary Chip Facility in Italy

The European Commission approves €1.3 billion for a revolutionary semiconductor packaging facility in Italy, aiming to enhance Europe's chip supply chain and technological autonomy...

Business

Porsche-Piech Family Pushes for VW Plant Closures to Cut Costs

The Porsche-Piech family, majority shareholder of Volkswagen Group, is pushing for the closure of several plants in Germany to cut costs and increase competitiveness. However, boar...

Business

Sam Altman's Oklo Secures Historic 20-Year Deal for AI-Powered Small Nuclear Reactors

Oklo, led by Sam Altman, signs a 20-year deal with Switch Inc. to build nuclear reactors supplying up to 12 gigawatts of power by 2044, highlighting Big Tech's reliance on nuclear ...

Business

One MobiKwik Systems Ltd Sees Massive 90% Surge on Market Debut

One MobiKwik Systems Ltd, a fintech company, made a strong market debut with a 90% surge above its issue price. The IPO was subscribed 119.38 times, reflecting strong investor inte...

Business

Apple's Congo Mineral Ban: Legal Battle and Supply Chain Transparency

International lawyers challenge Apple over alleged use of conflict minerals from Congo, despite Apple's decision to halt sourcing from the region. Legal cases proceed in Europe.

Business

Oklo Nuclear Startup to Power Switch Data Centers with Clean Energy

Oklo Inc, backed by Sam Altman, signs a non-binding agreement to provide power to Switch's data centers using nuclear reactors. The Aurora powerhouse reactors aim to meet growing A...