Business

Oracle Shares Slip After AI-Driven Surge

By BPN News Desk
Oracle shares dropped about 5% on September 11, 2025, after a massive rally the previous day that pushed its market value close to $1 trillion. The prior day’s gains were driven by big cloud deals with AI companies, especially OpenAI. Big AI Deals The surge came after reports that Oracle secured a deal with OpenAI […]
Business Industry

BYD Senior Executives Set To Visit India Soon

By BPN News Desk
Chinese electric vehicle maker BYD will send senior executives—including its India Managing Director, Ketsu Zhang—to India in the coming months. The delegation aims to review operations and relaunch training programs following improved diplomatic ties between India and China. Context Of Improved Relations This planned visit follows a visible thaw in India–China relations
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

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