Business

Adani Defence Systems & Technologies Ltd. (ADSTL), along with Prime Aero Services LLP, is set to acquire a majority stake in Flight Simulation Technique Centre Pvt. Ltd. (FSTC) at an enterprise value of Rs 820 crore, marking a significant push into aviation, defence and high-tech...

London: Google faces fresh antitrust scrutiny from European Union regulators, who opened an investigation Tuesday into the company's use of online content for its artificial intelligence models and services. The European Commission, which is the 27-nation bloc's top antitrust enforcer, said it's examining whether Google...

New Delhi: Microsoft plans to invest USD 17.5 billion (around Rs 1.58 lakh crore) in India to help build infrastructure, skills, and sovereign capabilities needed for the country's AI future, CEO Satya Nadella said social media platform X. "To support the country's ambitions, Microsoft is...

New Delhi: US aerospace major Lockheed Martin Tuesday said it plans to set up a facility for the co-production of the C-130J Super Hercules heavy-lift military transport aircraft in India that will be the first such global hub outside the United States. With the Indian...

Mumbai: IndiGo cancelled 422 flights from six metro airports Tuesday, as the disruption in the crisis-hit airline prolonged for the eighth consecutive day, according to sources. Of the 422 flights cancelled, Delhi Airport witnessed 152 flight cancellations and 121 at Bengaluru Airport, they said. The...

New Delhi: In lieu of strengthening the India-Brazil Strategic partnership, Indian Navy Chief Admiral Dinesh K Tripathi has proceeded on an official visit to Brazil from December 9-12. According to officials, the visit aims to consolidate the robust and growing maritime partnership between the Indian...

Mumbai: Stock markets closed lower for the second straight day Tuesday, with benchmark BSE Sensex declining by 436 points as investors booked profit ahead of the US Federal Reserve's policy decision. The 30-share BSE Sensex dropped 436.41 points, or 0.51 per cent, to close at...

Bhubaneswar: At least 518 migrant workers from Odisha died while working outside the country and the state between 2021 and November this year, a minister told the Assembly Tuesday. Replying to a written question by BJD MLA Arun Kumar Sahoo, Labour and Employees' State Insurance...

New Delhi: The CBI has booked the son of industrialist Anil Ambani, Jai Anmol Anil Ambani, and Reliance Home Finance Ltd. (RHFL) in a case of alleged cheating in Union Bank of India that caused a loss of Rs 228 crore to the public bank,...

Washington: President Donald Trump said Monday that he would allow Nvidia to sell an advanced type of computer chip used in the development of artificial intelligence to “approved customers” in China. There have been concerns about allowing advanced computer chips to be sold to China...