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Business / The Hindu

TikTok to build 1 billion euro data centre in Finland

TikTok said Tuesday it was investing 1 billion euros ($1.1 billion) to build a data centre in Finland

7 May 2025 9:05 am
OpenAI plans to cut Microsoft revenue share after restructuring: Report

OpenAI has agreed to share 20% of its revenue with Microsoft through 2030, the Information reported

7 May 2025 8:41 am
MoU signed for cargo movement by barges over inland waterways

A hundred barges will be deployed in a phased manner across national waterways; the MoU between the Inland Waterways Authority of India and Rhenus Logistics targets the movement of over one million tonnes of cargo annually by the end of 2025

7 May 2025 4:55 am
Industry upbeat as India-U.K. ink FTA

Sectors that are set to benefit include textiles and apparel, leather and footwear, gems and jewellery, pharma, agriculture;deal is expected to create large opportunities for Indian firms, significantly boost bilateral trade, attract key investments

6 May 2025 10:48 pm
India-U.K. FTA, a significant step toward fostering trade, investment and job creation in both nations: Nasscom

Eliminating double-contribution burden will not only enhance the access of Indian talent in the U.K. but also create new opportunities for skilled professionals, enabling them to contribute meaningfully to the U.K.s dynamic economy

6 May 2025 10:24 pm
Hilton committed to contribute to Indias growing travel, hospitality sector, says Chris Nassetta, president & CEO

We have more than 1,000 hotels across Asia Pacific and plan to grow to 10 times our current portfolio in India

6 May 2025 8:18 pm
India-U.K. free trade agreements highlights

India ensures that non-tariff barriers are suitably addressed to ensure free flow of goods and services and that they do not create unjustified restrictions to its exports.

6 May 2025 8:04 pm
Thermal coal prices hit 4-year low in Asia as China imports wane: Russell

Asia's seaborne thermal coal prices have slumped to four-year lows as the region's heavyweight buyers China, India and Japan all import less of the power-station fuel.

6 May 2025 8:02 pm
Saudi Arabia can control oil supply, demand could be its Achilles heel, says Bousso

Saudi Arabia has signalled it is willing to enter a painful price war to assert dominance over other oil producers, but worsening global economic conditions mean the kingdom's standard playbook might be less effective this time around.

6 May 2025 8:02 pm
As Trump tariffs sink in, Canadian companies pivot from U.S. to new markets

President Donald Trump's tariff war - and his repeated threats to annex Canada - are upending decades of close trade ties between the two North American neighbors, and prompting many small-scale Canadian manufacturing firms to revise their long-term business strategies.

6 May 2025 8:00 pm
India, U.K. conclude trade deal, double contribution convention

In a historic milestone, India and the U.K. have successfully concluded an ambitious and mutually beneficial Free Trade Agreement, along with a Double Contribution Convention, Mr. Modi said

6 May 2025 7:03 pm
Trumps decision to impose 100% tariff on non-U.S. movies will impact revenue of Indian films in U.S. market, says Producers Guild of India

U.S. President Donald Trumps announcement of a 100% Tariff onfeature films made outside of the U.S. has dampened the spirit of Bollywood and rest of the cinema fraternity across the country.

6 May 2025 6:59 pm
IMFs April Outlook projects India to become fourth largest in 2025

Indias GDP is projected to marginally peak past Japan, which is presently the fourth largest economy.

6 May 2025 6:48 pm
Sensex falls 155 points as investors turn cautious amid India-Pakistan tensions

The seasonally adjusted HSBC India Services PMI Business Activity Index reached 58.7 in April, up from 58.5 in March, indicating a sharp and stronger expansion in service sector output

6 May 2025 5:34 pm
IBM CEO makes play for AI market and more U.S. investment

IBM's tools aim to help customers create their own agents, a process it said would take under five minutes

6 May 2025 1:58 pm
India's services sector growth improves slightly in April on new order inflows

The seasonally adjusted HSBC India Services PMI Business Activity Index reached 58.7 in April, up from 58.5 in March, indicating a sharp and stronger expansion in service sector output

6 May 2025 1:16 pm
U.S. President Donald Trump critics launch new group to highlight rising cost

Bipartisan Cost Coalition formed to combat rising costs under Trump administration, using various media platforms for outreach

6 May 2025 11:59 am
Corporate Affairs Ministry orders probe against Gensol Engineering, BluSmart

Gensol Engineering came under the regulatory scanner for alleged fund diversions and corporate governance lapses after SEBI, in April, passed an order

6 May 2025 11:10 am
Rupee falls 8 paise to 84.38 against U.S. dollar in early trade

The USD/INR pair was supported by an overall decline in crude oil prices and sustained foreign fund inflows

6 May 2025 10:52 am
Markets trade lower in volatile trade ahead of U.S. Federal Reserves policy decision

Sensex and Nifty decline amid volatile trends; investors await U.S. Federal Reserve policy decision; India-Pak tensions impact market

6 May 2025 10:37 am
Apple will appeal contempt ruling in Epic Games case over App Store

U.S. District Judge Yvonne Gonzalez Rogers said in her decision that Apple willfully failed to comply with a 2021 injunction

6 May 2025 9:05 am
OpenAI restructures as public benefit corporation, ditches plan on for-profit control

Sam Altman, OpenAIs CEO, co-founded the organisation in 2015 with the goal of developing artificial intelligence in a safe and broadly beneficial way

6 May 2025 8:14 am
IHCL Q4 net profit rises 25% to 522 crore

The board recommends dividend of 2.24 per share

5 May 2025 9:11 pm
Markets end higher on sustained foreign fund inflows, drop in crude oil prices

From the Sensex firms, Adani Ports jumped 6.29% amid reports that Gautam Adani's representatives met with U.S. administration officials to seek the dismissal of criminal charges in a bribery probe.

5 May 2025 4:44 pm
Rupee jumps 24 paise to close at 84.33 against U.S. dollar

Robust equity inflows, totalling 2,769.81 crore, reflect continued foreign investor interest in Indian assets, forex traders said, adding while capital inflows offer support, global uncertainties could cap gains.

5 May 2025 4:34 pm
World Bank executive director Parameswaran Iyer to represent India at IMF board

Parameswaran Iyer's nomination was necessitated to fill a vacancy created with the termination of services of K.V. Subramanian as the executive director at the IMF

5 May 2025 12:17 pm
Markets surge in early trade on sustained foreign fund inflows

Equity indices surge on foreign fund inflows while oil price drop

5 May 2025 11:30 am
Rupee rises 39 paise to 84.18 against U.S. dollar in early trade

Forex traders say crude oil price decline enthused foreign investor interest in Indian assets; domestic equities boost; rupee gains against the dollar

5 May 2025 11:06 am
Shaping the port of the future

The Vizhinjam port is of immense significance to Indias global maritime trade.Amongst all existing Indian ports, Vizhinjam is the closest to international shipping routes. Many global shipping stakeholders have already appreciated the role the port is going to play in transshipment

5 May 2025 8:30 am
Smart credit card usage: 6 costly mistakes to avoid

A credit card can be valuable in building a credit profile, managing cash flow, earning rewards; however, common mistakes such as overspending, missing payments, mismanaging rewards, etc. can turn it into a financial burden.

5 May 2025 5:15 am
Warren Buffett shocks shareholders by announcing his intention to retire at the end of the year

Warren Buffett said he will recommend to Berkshire Hathaways board that Vice Chairman Greg Abel should replace him

4 May 2025 12:49 pm
Petrol, diesel demand rises in April as summer fuels consumption

Diesel saw just 2% growth in demand in fiscal year ended March 31, 2024 and no growth at all in the preceding financial year

4 May 2025 11:23 am
JSW Steel may face challenges in meeting expansion target after SC order on BPSL: Analysts

The Supreme Court on May 2, set aside a resolution plan submitted by JSW Steel for Bhushan Steel and Power Limited (BSPL), holding it illegal and in violation of the Insolvency and Bankruptcy Code (IBC).

3 May 2025 10:23 pm
Indian Bank Q4 profit soars 32% to 2,956 crore helped by improvement in core income

During the quarter, the bank's total income increased to 18,599 crore from 16,887 crore a year ago, Indian Bank said in a regulatory filing.

3 May 2025 10:10 pm
SBI Q4 PAT slides 10% to 18,643 crore on higher provisions, board approves dividend of 15.90 per share

Board authorises bank to raise 25,000 crore during FY26, bank cuts credit growth guidance by about 200 bps

3 May 2025 9:14 pm