Mukesh Ambani vs Sunil Mittal: After Bharti Group consortium, Reliance eyes stake in Chinese company Haier’s India business

[ad_1] It's a competitive scenario between RIL and a consortium including Sunil Mittal of the Bharti Group, similar to their existing rivalry in the telecom sector. Reliance Industries Ltd (RIL), under Mukesh Ambani‘s leadership, has positioned itself as a key contender for acquiring a substantial stake in Haier’s Indian operations. The Chinese consumer electronics manufacturer…

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‘Sarvam AI to build India’s 1st AI platform in 6 months’

[ad_1] NEW DELHI: Lightspeed venture capital-backed Sarvam AI will develop India’s first AI platform in six months, the company’s founder said on Saturday.Union minister Ashwini Vaishnaw announced the selection of Sarvam AI to develop India’s first GenAI platform. “We are confident that Sarvam’s models will be competitive with global models,” Vaishnaw said.The minister asked for…

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India to seek relaxed export controls and tech access in bilateral trade deal with US: Report

[ad_1] AI-generated image (Credit: Bing image creator) India is preparing to formally request the United States for relaxed export controls and enhanced access to advanced technologies under the proposed bilateral trade agreement (BTA), according to sources quoted by news agency PTI. The concessions India seeks are similar to those granted by the US to close…

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Tech’s push to reduce AI bias faces new challenge as Trump targets ‘woke AI’ efforts

[ad_1] Tech companies that previously scaled back their workplace diversity programmes now confront fresh scrutiny regarding DEI implementation in their AI products.The focus in Washington has shifted, with concerns over “woke AI” now taking center stage instead of algorithmic discrimination. Last month, the House Judiciary Committee issued subpoenas to Amazon, Google, Meta, Microsoft, OpenAI, and…

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Wall Street week ahead: Big tech results, jobs data, and inflation reports set stage for busy market week

[ad_1] The upcoming week will be a key test for the US stock market’s rebound, as investors watch major earnings reports from Apple and Microsoft, while global trade developments could add to market volatility.According to news agency Reuters, next week’s significant economic indicators include the US jobs data, first-quarter economic growth figures and inflation updates….

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Toyota Motor weighs partial investment in potential $42 billion buyout of key supplier

[ad_1] Toyota Motor Corp said on Saturday it is considering various options, including a partial investment, in a possible buyout of Toyota Industries Corp, a key parts supplier. The move follows reports of a potential $42 billion transaction that could significantly reshape the group’s corporate structure.In a filing with the Tokyo Stock Exchange, the automaker…

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‘A game-changer for taxpayers’: GST Appellate Tribunal rules notified – all you need to know

[ad_1] AI generated representative image NEW DELHI: In a landmark move poised to transform India’s indirect tax dispute resolution system, the Central government has notified the Goods and Services Tax Appellate Tribunal (Procedure) Rules, 2025, paving the way for the long-awaited operationalization of the GST Appellate Tribunal (GSTAT). Notified under Section 111 of the Central…

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