‘Largest Europe investment’: Google to invest nearly $15 billion in AI Infrastructure in Finland

“Google’s decision is a clear testament to our strengths,” Finland’s Prime Minister Petteri Orpo said in a statement (Photo: Reuters). Google announced to invest 13 billion euros (nearly $15.1 billion) in Finland in the next two years, on Monday, its largest investment in Europe.“This is Google’s largest single investment in Europe and a testament to … Read more

Oil prices today: Brent holds above $100 as Iran-US attacks threaten deeper supply disruption

Oil prices extended gains on Thursday, with Brent holding above $100 a barrel as escalating Iran-US attacks on shipping heightened concerns over further disruptions to Middle East crude supplies.Brent crude futures rose 0.1% to $101.34 a barrel by 0107 GMT, while US West Texas Intermediate crude gained 0.5% to $96.55.Brent settled $3.29, or 3.4%, higher … Read more

Meta officials appear before NCPCR

NEW DELHI: Senior executives from Meta India, appeared before National Commission for Protection of Child Rights Wednesday in connection with the inquiry instituted to investigate the allegations linked to circulation of child sexual exploitative abuse material (CSEAM) on Instagram.The details of those present from Meta and the questioning and cross-examination that would have followed were … Read more

Sensex tanks 813 points as crude spikes

MUMBAI: Rising geopolitical tensions in the Persian Gulf region pushed up Brent prices above the $100-per-barrel mark for the first time since July on Wednesday. This, in turn, led to the weakening of the rupee, which fell below the 95/$ mark and settled at 95.1 at close. Dalal Street, too, felt the jitters courtesy of … Read more

Coforge: Coforge stock tumbles 6% as chairman Bhatt resigns

BENGALURU: Coforge shares dropped nearly 6% on BSE after chairman and independent director OP Bhatt resigned from the company’s board with immediate effect on Tuesday. The resignation followed an internal audit review that raised concerns about how the company’s board evaluation exercise was handled and presented. Bhatt became chairman of Coforge in 2024. He previously … Read more

RBI flags tech concentration risks, warns of disruptions

MUMBAI: RBI deputy governor Rohit Jain flagged concentration risk among banks as most of them become dependent on a few cloud, technology and model providers, warning that a common technology dependency could allow a disruption at one provider to spread across multiple financial institutions.Speaking at the Global Fintech Fest in Mumbai on Wednesday, Jain said … Read more

Cognizant’s green card filings suspended amid probe by US

BENGALURU: Cognizant’s US green-card filings have been suspended amid an investigation into potential fraud and misuse of employment visa programmes, Anthony D’Esposito, inspector general at US Department of Labor, said in a post on X. “Fighting fraud is a Team Sport…..Threats to American workers will not be tolerated. Alongside @WHFraudTF, we’re following facts, fraud and … Read more

NSE cuts IPO size, may raise 23.5k crore

MUMBAI: IPO-bound National Stock Exchange (NSE), the largest stock exchange in India by turnover and profits, is reducing the size of its offering to about 5.3% of its equity base, from 6% planned earlier. The stocks will be offered in a price band of Rs 1,700 to Rs 1,785 per share, people in the know … Read more