Business

OpenAI Eyes India for Stargate Expansion

By BPN News Desk
OpenAI, the company behind ChatGPT, has started early discussions with Indian data centre providers including Sify Technologies, Yotta Data Services, E2E Networks, and CtrlS Datacenters. The talks focus on bringing its global AI infrastructure initiative—Project Stargate—to India with a facility expected to provide at least 1 gigawatt of compute capacity. Reliance
Business Finance

GST Council Approves Simplified Tax Slabs

By BPN News Desk
In the 56th GST Council meeting, Finance Minister Nirmala Sitharaman announced a new, simplified Goods and Services Tax structure. The overhaul reduces GST to two main slabs—5% and 18%—alongside a 40% rate for certain high-end or “sin” goods. Changes Aimed At Simplification And Relief The restructuring shifts hundreds of items, including everyday essentials like packaged
Business

EU Fines Google €2.95B Over Adtech Practices

By BPN News Desk
The European Union has fined Google €2.95 billion (about $3.5 billion) for abusing its dominance in the digital advertising technology sector. This is the fourth major antitrust action taken by the EU against the tech giant. Self-Preferencing Allegations Investigators concluded that Google unfairly favored its own advertising services, including AdX and DFP, while
Image Credit: Sourav Mishra
Business

Dassault Gains Control of India JV with Reliance

By BPN News Desk
Dassault Aviation has bought an additional 2% stake in Dassault Reliance Aerospace Limited (DRAL), raising its holding from 49% to 51%. With this move, Dassault has taken majority control, while Reliance Aerostructure Ltd, a unit of Reliance Infrastructure, now holds 49%. Deal Value and Completion Timeline The stake transfer is valued at about ₹176 crore […]

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