The Treasury Department is expected to issue updated guidelines as soon as August 18 [File] | Photo Credit: REUTERS The Data Center Coalition, which represents data center owners including Google, Amazon and Microsoft, called on U.S. Treasury Secretary Scott Bessent to uphold existing rules for wind and solar energy subsidies, saying they have enabled the […]
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A wave of devastating cyberattacks has battered Australia, including a 2022 breach at telecom major Optus that exposed the personal data of up to 10 million users [File] | Photo Credit: REUTERS Accenture said on Thursday it will buy Australian cybersecurity firm CyberCX in its largest-ever deal in the sector, with the Australian Financial Review […]
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SoftBank, Thrive and Dragoneer Investment Group did not immediately respond to requests for comment [File] | Photo Credit: REUTERS Current and former employees of OpenAI are looking to sell nearly $6 billion worth of the ChatGPT maker’s shares to investors including SoftBank Group and Thrive Capital, a source familiar with the matter told Reuters on […]
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Meta did not immediately respond to a request for comment. Reuters could not independently verify the report [File] | Photo Credit: REUTERS Meta is planning its fourth overhaul of artificial intelligence efforts in six months, The Information reported on Friday, citing three people familiar with the matter. The company is expected to divide its new […]
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On August 11, 2025, the central government implored India’s seafood industry, that provides livelihoods to about 28 million people, to “bravely face” the U.S.’s tariffs of 25% that kicked in on August 7, 2025 and which could be raised to 50% on August 27, 2025, contingent upon the outcome of trade negotiations. On August 13, […]
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‘Sovereignty and global engagement can power the modern Indian economy’ | Photo Credit: Getty Images/iStockphoto India’s digital trade compact with the United Kingdom breaks new ground. Chapter 12 of the India-U.K. Comprehensive Economic and Trade Agreement (CETA) sets out a bargain that trades some oversight tools for access, credibility and scale. The trade-off has sparked […]
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The Directorate of Enforcement searched the residential and business premises of Vuenow group of companies, including IT solutions firm Vuenow Infratech , its director Rahul Anand Bhargav and other related people and entities, the agency said on Friday (August 15, 2025). The search was conducted on Thursday in premises across Punjab, Haryana and Maharashtra states […]
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The Hyderabad-based company plans to utilise the net proceeds to the tune of ₹275 crore for payment of debt, ₹118 crore for setting up of new stores under the R. S. Brothers and South India Shopping Mall formats; and rest for general corporate purposes. | Photo Credit: Getty Images/istockphoto RSB Retail India Ltd, a multi-brand […]
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The Centre has proposed to reduce the number of slabs under the Goods and Services Tax system, retaining the 5% and 18% slabs, while introducing a lower concessional rate below 1% and a high “sin rate” of 40% on just five to seven items each, according to official sources. This would entail entirely doing away […]
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Vision.S, a concept SUV introduced by Mahindra and Mahindra. | Photo Credit: Special Arrangement Mahindra & Mahindra Ltd. on Friday (August 15, 2025) unveiled four new concept SUVs which will be introduced in the market between 2027 and 2030. These vehicles, to be developed on the company’s all-new modular, multi-energy NU_IQ platform, will include ICE and electric […]
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