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MSC-Adani deal: Vizhinjam port can generate Rs 1,410 crore EBITDA, says Axis CapitalAxis Capital expects Vizhinjam port to become a major earnings driver for Adani Ports & SEZ, estimating it could generate around Rs 1,410 c...
Adani Ports says Mundi will invest $1.4 billion for 49% stake in Vizhinjam PortAdani Ports has inked a significant deal with MSC's terminal arm, TiL, for a 49% stake in its Vizhinjam port for $1.397 billion. This strat...
How NATO will try to keep Trump happy at Ankara summitUS President Donald Trump is set to attend a NATO summit in Ankara, aiming to appease him after his criticism of allies' response to his Ir...
More cash, not enough weapons: NATO presses to produce moreNATO leaders face a critical challenge in Ankara: transforming increased defence budgets into actual weapons. Despite significant spending ...
BAT to cut 9,000 jobs globally as the world lights fewer cigarettesBritish American Tobacco is slashing approximately 9,000 jobs globally as part of a major restructuring. This significant workforce reducti...
Oil climbs following renewed US, Iran strikes in Middle EastOil prices saw an uptick as renewed US-Iran tensions in the Middle East disrupted shipping through the Strait of Hormuz. Despite reports of...
Putin says Russia will press on with front-line campaign regardless of Ukraine proposalsPresident Putin declared Russia's intent to fully capture four Ukrainian regions, dismissing a Ukrainian proposal for a ceasefire as a tact...
Persistent's Nagarro deal could be a near-term pain for long-term gainPersistent Systems is acquiring Nagarro SE for $1.3 billion, aiming for European expansion and reduced US market reliance. While strategica...
Lights, camera, AI: For entertainment companies, a prompt may come with copyright headacheIndian entertainment firms are heavily investing in AI for content creation, but a lack of clear copyright laws is creating significant own...
Uber India head ends trip; Amazon CEO on India opportunityUber's India head Prabhjeet Singh has stepped down after 11 years at the platform. This and more in today's ETtech Top 5.
Saudi Aramco resumes oil loading at Ras Tanura after four-month halt, data showsSaudi Aramco has restarted oil loading at its Ras Tanura terminal after a four-month pause, with two massive crude carriers seen taking on ...
Lockheed Martin gets $35 billion Thaad deal as Trump looks to stockpile weaponsPresident Trump is convening with top defense executives to accelerate weapons production, addressing depleted U.S. stockpiles after extens...
Explained: Why silver prices have crashed 14% this week to hit a 7-month lowSilver has fallen as much as 14% this week, hitting a seven-month low as expectations of US Fed rate cuts fade and bond yields rise. Coolin...
Musk’s SpaceX adds billions in debt while cutting interestElon Musk's SpaceX has successfully issued $25 billion in investment-grade bonds, a move that consolidates debt from X and xAI while loweri...
Apple-Intel chip deal makes strategic sense but production is years awayApple is reportedly turning to Intel for chip manufacturing, a move driven by TSMC's inability to meet surging AI demand and Apple's need f...
Chinese EV makers are shut out of India - but their tech isn'tDespite India's restrictions on Chinese automakers, their electric vehicle technology is finding its way into the Indian market. Tata Motor...
Dixon, Amber, Syrma: Harshit Kapadia on why India's EMS sector is back on the radar & which stocks to buy nowIndia's electronics manufacturing sector is poised for decades of growth, fueled by global supply chain shifts and government support. Expe...
Chinese EV makers are shut out of India - but their tech isn'tDespite India's restrictions on Chinese automakers, their electric vehicle technology is finding its way into the Indian market. Tata Motor...
Iran says won't allow UN inspectors at bombed nuclear sitesIran declared UN nuclear watchdog inspections at bombed sites are off-limits, despite a US-Iran deal to end the Middle East war. Talks in S...
Dollar firms as cracks emerge in peace deal, pound dips on Starmer uncertaintyGlobal markets faced jitters as U.S.-Iran tensions escalated, impacting oil prices and the Strait of Hormuz. Despite peace talks, threats f...