Business
Shares of Infosys Ltd, traded as American Depositary Receipts (ADRs) in the United States, reached a 52-week high of $23.28 during recent trading, marking a notable peak for the Indian IT company’s ADRs. The stock has shown renewed investor interest in its US-listed form after periods of volatility in 2025, amid broader technology sector fluctuations […]
Business
TikTok and its parent company ByteDance have signed binding agreements with a group of primarily American investors to create a new U.S. joint venture that will oversee operations in the United States. The move marks a key milestone in a years-long effort to keep the short-video app running in the U.S. amid regulatory pressure and […]
Business
Adani Enterprises is looking to significantly expand its airport operations in India as part of an investment plan estimated at around $11 billion. The group plans to bid for additional airports being offered for private operation by the government, strengthening its position as the country’s largest airport operator by number of facilities. Bidding for More […]
Business
Tata Consultancy Services (TCS) has said its artificial intelligence services are now generating about $1.5 billion in annualised revenue, underlining the growing role of AI in the company’s overall business. The disclosure was made by TCS Chief Executive Officer K Krithivasan, marking the first time the company has publicly quantified revenue from its AI portfolio. […]
Business
OpenAI is in discussions with Amazon over a potential investment of at least $10 billion, as the artificial intelligence company looks to secure additional funding to support its expanding operations and computing needs. The talks are at an early stage and no final agreement has been reached, according to people familiar with the matter. Possible […]