The investment will likely total several hundred billion yen and Sumitomo Mitsui Card, a unit of Sumitomo Mitsui Financial Group, may also ...

Sovereign wealth funds are increasingly prioritising national strategic goals over pure financial returns, with artificial intelligence and...

This is a CBDT order dated July 8, 2026 issued under Section 119 of the Income-tax Act, 1961. It is an administrative order that authorizes...

Indian residents holding foreign assets must report them in Schedule FA. This reporting uses the calendar year ending December 31, 2025. As...

TCS kicked off FY27 with growth in revenue and profit. This and more in today's ETtech Top 5.

Global technology layoffs are resurfacing in 2026, driven by artificial intelligence adoption. Companies are restructuring teams and automa...

Dollar spending India: The country's expanding middle class now spends more on foreign goods and services. International travel and oversea...

The loan makes BofA one of OpenAI's largest lenders and bolsters its credentials as a market leader in AI-related capital ⁠markets ⁠financi...

India has become Ingram Micro's second-largest market globally. Accelerated AI adoption and data centre investments fuel this significant g...

Global intangible asset investments reached over $10 trillion in 2025. This growth significantly outpaced tangible investments over recent ...

Greg Abel has started deploying Berkshire Hathaway's record cash pile after taking over as CEO from Warren Buffett. With nearly $400 billio...

Samsung Electronics shares plunged 10% despite forecasting a 19-fold jump in second-quarter profit, as investors worried the AI-driven memo...

Samsung reported a significant profit jump, driven by strong AI chip demand. However, its stock declined amid concerns about the AI boom's ...

The MSCI Asia Pacific Index fell 0.3%, with decliners narrowly outnumbering gainers. Technology stocks led the losses, with Samsung falling...

Bridgepoint's investment will be made through Bridgepoint Development Capital V, the same lower-middle-market fund the firm used to reinves...

Global brokerage Jefferies suggests the AI investment boom might falter not due to tech giants cutting spending, but investor impatience fo...

AWS and Microsoft want to embed thousands of their own engineers at client companies to help them capitalize on artificial intelligence, wh...