Business News

Business

TSMC's Groundbreaking Japan Plant: Mass Production by 2024's End

Yuichi Horita announced that TSMC's first Japanese plant in Kumamoto is scheduled for mass production by end of 2024, matching Taiwan's quality. A second plant construction is plan...

Business

Liquid AI Secures $250M in Funding Led by AMD for Innovative AI Models

Liquid AI, a generative artificial intelligence startup, has secured $250 million in an early-stage funding round led by AMD. The company develops efficient AI models for enterpris...

Business

Switzerland Suspends India's Most Favored Nation Status: Impact on Tax Treaties and Investments

Switzerland suspends India's most favored nation status in their DTAA, citing an Indian Supreme Court ruling. This decision could impact Swiss investments in India and raise taxes ...

Business

JK Paper Merger: Boosting the Singhania Family's Stake in India's Leading Paper Manufacturer

JK Paper, under Harsh Pati Singhania's leadership, merges subsidiaries to enhance the Singhania family's stake in India's leading paper and packaging board manufacturer, simplifyin...

Business

BSNL Set to Launch 5G Services by Mid-2024: Minister Scindia

Communications Minister Jyotiraditya Scindia announced BSNL's plan to launch 5G services by mid-2024, highlighting the company's financial recovery and technological advancements.

Business

Elon Musk Becomes First Person to Surpass $430 Billion Fortune

Elon Musk's net worth surpasses $430 billion, making him the world's richest man with $433 billion. This follows SpaceX's $1.25 billion insider share purchase and Tesla's all-time ...

Business

Russia Blocks Viber: A Blow to Messaging Freedom?

Russia's media watchdog, Roskomnadzor, blocks Viber for non-compliance with local laws, raising concerns over digital communication freedom and aligning with broader restrictions o...

Business

Russia Blocks Viber Messaging App Amidst Crackdown on Social Media

Russia's Roskomnadzor blocks Viber messaging app, citing violations related to preventing terrorism, extremism, and drug dealing. Rakuten Group, Viber's owner, has not yet commente...