Türkiye’s Getir Demands $700M From Abu Dhabi Investor Mubadala in Bitter Breakup In a major escalation of the ongoing dispute between a once-high-flying delivery start-up and its largest investor, the co-founders of Turkish food and grocery delivery startup Getir, Nazım Salur and Serkan Borançılı, have filed a $700 million lawsuit against Abu Dhabi’s Mubadala Investment…
The Reserve Bank of India (RBI) has purchased government securities equivalent to 47 per cent of the Centre’s total bond issuances so far in FY26 to support liquidity in the banking system, according to public data.According to news agency PTI , the data compiled from RBI showed that the Centre raised Rs 13,65,000 crore between…
File photo (Picture credit: AP) US stocks were mixed in uneasy trading on Tuesday as companies flagged weakening consumer confidence and investors continued reassessing the impact of artificial intelligence on corporate earnings.The S&P 500 was virtually unchanged after swinging between a modest gain and a drop of nearly 1%. The Dow Jones Industrial Average rose…
Shares of Infosys surged as much as 5 per cent to Rs 1,430.95 on the BSE on Tuesday after the IT major announced a strategic collaboration with Anthropic, offering relief to investors worried about the disruptive impact of artificial intelligence on traditional software services.The stock rally marks a sharp reversal for Infosys, which had been…
Representative image (AI-generated) HYDERABAD: Energy transition player AM Group, which recently inked a MoU with the Uttar Pradesh govt at WEF Davos for setting up a 1 GW high-performance compute hub in Greater Noida at an investment of $25 billion, on Monday said it commenced development of the mega project.The company said the Yamuna Expressway…
Precious metal prices declined up to 2 per cent in the national capital on Tuesday, with silver slipping to Rs 2.45 lakh per kilogram and gold dropping to Rs 1.57 lakh per 10 grams amid subdued demand and weak global cues.According to the All India Sarafa Association, silver prices fell Rs 5,000, or 2 per…
The hiring push comes amid a surge in investments by global companies looking to strengthen their AI presence in the country. (AI image) India’s first AI Summit is turning into a talent scouting ground for Mukesh Ambani-led Reliance Group and Gautam Adani-led Adani Group. The country’s two biggest business houses are actively looking for young…
NEW DELHI: India’s power sector tendering pipeline is now shifting towards hybrid and storage-based projects, reflecting a growing focus on improving energy reliability and supporting renewable energy integration, according to a report by Nuvama Research.The report also noted that the country currently has an adequate solar power supply, with solar-hour electricity prices remaining low at…
Equity benchmark indices ended higher for the second consecutive session on Tuesday, supported by gains in banking, IT and capital goods stocks.The 30-share BSE Sensex climbed 173.81 points, or 0.21 per cent, to close at 83,450.96. During the session, it touched a high of 83,598 and a low of 82,987.43.The 50-share NSE Nifty advanced 42.65…
Domestic passenger vehicle (PV) volumes are estimated to grow 4–6 per cent year-on-year in 2026–27, supported by sustained demand momentum.Srikumar Krishnamurthy, senior vice president & co-group head – corporate ratings at ICRA, said, “The current fiscal has unfolded as a tale of two halves for the Indian automotive industry, with the first half witnessing subdued…
