Business

Indian IT Giants to Deploy 200,000 Microsoft Copilot Licences

By BPN News Desk December 11, 2025

Microsoft CEO Satya Nadella has announced that Cognizant, Infosys, TCS and Wipro will collectively deploy over 200,000 Microsoft Copilot licences across their global operations. Each firm is set to roll out more than 50,000 licences, marking one of the largest enterprise AI deployments worldwide. Expanding AI Partnerships The deployment is part of strengthened partnerships

Business

Microsoft Announces 20 Million AI Skilling Drive in India

By BPN News Desk December 11, 2025

Microsoft CEO Satya Nadella has announced a major nationwide initiative to train 20 million Indians in artificial intelligence (AI) by 2030. Speaking during his India visit, Nadella said the country has the potential to become a global leader in the AI era and highlighted the need for large-scale talent development. Part of Microsoft’s Larger India […]

Business Finance

Rupee Falls to Record Low of 90.46 Against Dollar

By BPN News Desk December 11, 2025

The Indian rupee touched a new record low of 90.46 against the US dollar on Thursday, reflecting continued pressure on the currency from both global and domestic factors. The decline marks the weakest level ever recorded for the rupee. Market Factors Driving the Fall Traders attributed the depreciation to strong dollar demand from corporates, foreign […]

Business

Adani Enterprises Rights Issue Oversubscribed at 108%

By BPN News Desk December 11, 2025

Adani Enterprises Ltd (AEL) has completed its ₹25,000-crore rights issue with an overall subscription level of 108 percent, reflecting strong investor confidence. The company received bids for 14.95 crore shares against 13.85 crore shares on offer. Public Portion Oversubscribed The public portion of the issue saw significant interest and was oversubscribed by around 30

Business

TCS to Acquire Coastal Cloud for $700 Million

By BPN News Desk December 11, 2025

Tata Consultancy Services (TCS) has announced that it will acquire Coastal Cloud, a US-based Salesforce consulting and cloud services firm, in an all-cash $700 million deal. This marks TCS’s biggest acquisition since its 2004 IPO. The transaction is expected to close by January 31, 2026, subject to regulatory approvals in the United States. What Coastal […]

Business Finance

IndusInd Bank Chairman To Step Down In January

By BPN News Desk December 10, 2025

IndusInd Bank has confirmed that its chairman, Sunil Mehta, will step down when his term ends in January 2026. The announcement comes during a broader organisational overhaul at the private lender after a difficult financial year. Overhaul Triggered By Losses Earlier in 2025, the bank posted its largest quarterly loss after a major hit from […]

Business

Google Eyes $15B AI Hub In Vizag After Lokesh Visit

By BPN News Desk December 10, 2025

Google is moving ahead with plans to set up a major AI-focused data centre in Visakhapatnam after a review meeting between Andhra Pradesh IT and Industries Minister Nara Lokesh and Google CEO Sundar Pichai in California. The meeting discussed timelines, infrastructure requirements, and the scale of the upcoming investment. Project Scale And Timelines The proposed […]

Business

Amazon Commits $35B To India By 2030

By BPN News Desk December 10, 2025

Amazon has announced a new investment commitment of $35 billion in India to be deployed by 2030. This is in addition to the investments already made by the company in the country over the past years. Focus On AI, Exports And Jobs The company said the new investment will support three priority areas: AI-driven digital […]

Trade

US Official Calls India’s Trade Proposal “Best Offer Ever”

By BPN News Desk December 10, 2025

A senior US trade official has said that India has presented the “best offers ever received” during recent discussions on bilateral trade. The official revealed that negotiators from both sides are close to finalising agreements on several issues that have remained unresolved for years. Old disputes back on the table The current round of talks […]

Business

Meesho Shares Jump 46% On Market Debut

By BPN News Desk December 10, 2025

Meesho made a strong entry to the stock market with its shares listing at ₹162.50 on the NSE, a premium of more than 46% over the issue price of ₹111. On the BSE, the stock opened at ₹161.20. The sharp debut gives early investors a sizeable gain from the first day of trading. Heavy demand […]