Business
  Google will invest $10 billion in Anthropic, strengthening its financial and cloud partnership with one of the world’s fastest-growing artificial intelligence companies. Another $30 billion could follow if Anthropic meets specific performance targets. Google Anthropic Investment Deal The latest investment values Anthropic at around $350 billion. The immediate $10
Business Finance
Rupee Weakens To 94.29 Against US Dollar The Indian rupee weakened for the fifth straight session on Friday, slipping to 94.29 against the U.S. dollar in afternoon trade. The fall came as higher crude oil prices, safe-haven dollar demand and uncertain U.S.-Iran peace talks weighed on emerging market currencies. Indian Rupee Falls For Fifth Session […]
Business
Meta, Microsoft Cuts May Hit 23,000 Roles Meta and Microsoft are moving to reduce workforce costs as both companies increase spending on artificial intelligence and data centre infrastructure. The latest round of job cuts, buyouts and unfilled roles could affect around 23,000 positions across the two tech giants. Meta Layoffs To Affect 8,000 Employees Meta […]
Business
Four Tata Consultancy Services employees in Nashik have been arrested in a fresh harassment case, adding to the widening investigation already underway into serious allegations at the company’s BPO unit. Police said the new case includes accusations of sexual harassment and hurting religious sentiments, with the complaint also alleging that the wife of a male […]
Markets
Gold prices fell further on Thursday as investors shifted toward the U.S. dollar amid uncertainty over Iran talks and expectations that U.S. interest rates could stay higher for longer. The decline came as rising oil prices added to inflation concerns, reducing the appeal of non-yielding assets such as gold. Gold Prices Fall On Stronger Dollar […]
Business
HCLTech shares came under pressure after the company reported a softer-than-expected March quarter and issued a cautious FY27 outlook, triggering a negative market reaction. The stock fell sharply as investors focused on weaker guidance, slower client spending and delayed project ramp-ups across parts of the business. HCLTech Share Price Falls After Q4 Results HCLTech
Business
Adobe has announced a new stock repurchase programme worth $25 billion, giving the software giant fresh authority to buy back its own shares through April 30, 2030. The move signals confidence in the company’s cash generation and long-term business outlook as Adobe continues to invest heavily in artificial intelligence, creativity tools and digital experience products.
Business
Dutch chip equipment giant ASML, now regarded as Europe’s most valuable company, is moving ahead with plans to cut around 1,700 jobs as part of a major internal restructuring despite strong business growth. The layoffs amount to roughly 4 percent of its global workforce and have drawn attention because they come even as the company […]
Business
Meta has told its US-based employees that it is installing new monitoring software on company machines to collect workplace interaction data for artificial intelligence training. According to a Reuters report cited by Times of India, the tool will track how employees use work-related apps and websites as Meta pushes to build AI agents that can […]
Business Finance
The Reserve Bank of India has partially rolled back its recent emergency restrictions on rupee derivative trading after volatility in the currency market eased. The move signals a shift from crisis control toward restoring normal market activity, although some safeguards remain in place to prevent speculative pressure and distorted trades. RBI Partially Eases Rupee