NEW DELHI: Microsoft’s new India South Central cloud region in Hyderabad is among its largest infrastructure investments in Asia, the company’s India and South Asia president Puneet Chandok said, as it expands capacity for cloud and AI services.The facility is part of Microsoft’s $20.5 billion investment commitment across Asia. Chandok did not disclose how much…
NEW DELHI/MUMBAI: A year after GST rates were cut, automobile dispatches have continued to climb. Several two-wheeler users moved to four-wheelers as price cuts improved affordability, TV buyers have shifted towards larger sets and consumer goods volumes picked up in the Oct-Dec quarter, although they are now under pressure due to the West Asia crisis.Passenger…
MUMBAI: The Rs 22,568-crore NSE IPO was subscribed 5.7 times the bidding amount, generating a total demand worth nearly Rs 90,200 crore. While the institutional part was subscribed 12.7 times, the HNI part was subscribed 6.6 times and the retail part 1.4 times, data on BSE showed. The part reserved for employees was subscribed 2.4…
NEW DELHI: Govt has with immediate effect dissolved its apex decision-making body for telecom and digital communication – digital communications commission (DCC), which was originally established as telecom commission in 1989, before being renamed in 2018. The communication ministry’s department of telecommunication (DoT) notified this decision through a Sept 19, 2026 resolution that was published…
JP Morgan chairman & CEO Jamie Dimon MUMBAI: JP Morgan is the world’s most valuable bank, and its chairman and CEO Jamie Dimon is the longest serving chief of a large global bank. In an interview with TOI, Dimon speaks of what it takes to run America’s largest bank and his definition of success.You completed…
Luis de la Fuente rewarded with four-year Spain contract extension after leading La Roja to World Cup glory/ Image: AP Spain have extended Luis de la Fuente’s contract through 2032 after the 65-year-old coach led La Roja to the World Cup title this summer, extending a remarkable run of success since he took charge of…
Indian women’s cricket team at the Asian Games Indian women’s cricket team will be in focus on September 22 as it takes on Sri Lanka in the Asian Games final, with a gold medal at stake.The defending champions have reached the final after a strong run in the tournament and are now one win away…
Japan will host India in a historic one-off T20 International in Sano on Tuesday, marking the biggest match in the country’s cricket history and celebrating 75 years of diplomatic relations between India and Japan.The fixture was announced recently and has been scheduled ahead of India’s Asian Games campaign in Aichi-Nagoya.On paper, it is a one-sided…
File photo: Members of United Forum of Bank Unions (UFBU) hold placards during the nationwide strike for various demands (ANI Photo) The finance ministry on Monday urged bank employees to refrain from resorting to strikes and resolve their remaining demands through dialogue, saying most concerns raised by unions had been substantially addressed.The appeal comes ahead…
The sharp increase in presidential trading has renewed concerns about possible conflicts of interest. (AP file photo) Did you know that US President Donald Trump has carried out more securities trades than all members of Congress combined since his return to the White House in January 2025? Interestingly, he supports legislation that would prohibit lawmakers…