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PM Modi’s high stakes push for sovereign AI faces reality checkIndia is striving to build its own artificial intelligence capabilities, aiming for self-reliance and global export. However, the nation fa...- Is Quad the Asian NATO or ocean foam? What Delhi meet revealsQuad foreign ministers met in Delhi focusing on practical cooperation. New initiatives target critical minerals, maritime surveillance, and...
- US Secretary of State Marco Rubio en route to India for high-profile diplomatic visitUS Secretary of State Marco Rubio is arriving in India for a significant visit. He will engage in discussions on trade, energy security, an...
- Modi in Netherlands: One firm holds the key to India's chip ambitionPrime Minister Modi's visit to the Netherlands highlights India's critical reliance on ASML, the sole provider of advanced lithography mach...
- EAM Jaishankar welcomes Russian FM Sergey Lavrov at BRICS Foreign Ministers' meetingNew Delhi hosted the BRICS Foreign Ministers' meeting. External Affairs Minister S Jaishankar welcomed delegates from member and observer n...
- Chinese AI firm MiniMax, others launch Hong Kong IPOs in year-end rushHong Kong's stock market is experiencing a significant revival, fueled by AI and chip companies. Chinese AI startup MiniMax Group has spear...
- RP-Sanjiv Goenka Group commits Rs 15,800 crore capex in BengalRP-Sanjiv Goenka Group Chairman Sanjiv Goenka announced a Rs 15,800 crore capital expenditure plan for West Bengal, focusing on energy, edu...
- FWD Group launches US$512 million Hong Kong IPO, targeting HK$48.3 billion valuationFWD Group, a pan-Asian insurer founded by Richard Li, is seeking to raise US$512 million in a Hong Kong IPO. The deal values the company at...
- Cornerstone set to reboot with Rs 1,700-crore funding from Kotak and land saleCornerstone is planning to raise ₹1,700 crore from Kotak Alternate Asset Managers and monetize land to fund expansion and stalled projects....
- Kotak Bank names Paritosh Kashyap as ED; Dy MD Ekambaram to retireKotak Mahindra Bank has announced the appointment of Paritosh Kashyap as Executive Director, effective November 1, succeeding Shanti Ekamba...
- Kotak Mahindra Bank elevates Paritosh Kashyap to ED; Shanti Ekambaram to retire as DMD on Oct 31Kotak Mahindra Bank has elevated Paritosh Kashyap to Executive Director. This promotion is subject to regulatory approvals. Shanti Ekambara...
- Cornerstone Ventures marks $40 million first close of $200 million second fundCornerstone Ventures has closed the first phase of its $200 million second fund with initial capital of $40 million. The fund will be used ...
- Chinese smartphone maker Honor announces new investorsOther backers include China's Cornerstone, the Shenzhen city government's SDG Group, and Jinshi Xingyao, an investment platform for Honor's...
- Soros, Hillhouse place orders in $6.1 billion Xiaomi IPOXiaomi had attracted cornerstone investments from Qualcomm Inc. and China Mobile Ltd. for the deal.
- Startups pitch for internet connectivity in rural areas with basic mobile phonesAn Avendus report in 2013 on India's mobile internet indicates that over 70% of data users and 50% of traffic still comes from basic phones.
- Kotak to launch $ 300-mn India Infrastructure FundsSumitomo Mitsui Banking Corporation (SMBC) and Brookfield Asset Management (Brookfield) will participate in the Fund as cornerstone investo...
- AIG lowers Asian unit IPO valuation to woo Kuwaitis: ReportUS insurer AIG has been forced to reduce its valuation for the Hong Kong initial public offering of its Asian unit AIA to win the commitmen...
- AIG hires Citigroup for Asian life insurance arm AIA's IPOUS insurer American International Group (AIG) has selected financial services major Citigroup as one of the global coordinators for an init...
- AIG chooses coordinators for AIA IPO: ReportInsurer American International Group has selected investment banks Goldman Sachs and Morgan Stanley as global coordinators for an initial p...
- SBI and Macquarie launch Indian Infrastructure FundState Bank of India and Macquarie Group on Monday launched the Macquarie-SBI Infrastructure Fund (MSIF), which will invest in infrastructur...
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