The new Vande Bharat sleeper train will look to offer superior comfort to Rajdhani Express trains on long-distance overnight routes. Vande Bharat sleeper train launch: Indian Railways is looking to launch the first Vande Bharat sleeper train soon, with the first prototype rake undergoing changes after trial runs. Railway Minister Ashwini Vaishnaw has said that…
File photo (Picture credit: AP) Asian equities slumped on Friday as renewed fears around overstretched tech valuations and ambiguous US jobs data pulled investors sharply away from risk assets. The downturn came despite Nvidia’s blockbuster earnings earlier in the week, which had briefly revived confidence in the strength of the AI sector.According to news agency…
File photo: US President Donald Trump (Picture credit: AP) US President Donald Trump has withdrawn steep tariffs on a wide range of Brazilian food products — including beef, coffee, cocoa, fruits and tomatoes — in a major reversal of policies that had sharply increased costs for American consumers. The decision, announced on Thursday, removes the…
BENGALURU: Luma AI has raised $900 million in Series C funding led by HUMAIN, the Public Investment Fund-backed AI company developing one of the world’s largest compute clusters, as the Palo Alto startup accelerates its effort to build multimodal artificial general intelligence capable of understanding and simulating the physical world.The round, also backed by AMD…
BENGALURU: TCS has set its data centre plan in motion. It has secured $1 billion (Rs 8,820 crore) from private equity giant TPG to power its AI data centre strategy in India. The funding aligns with its goal of emerging as the largest AI-led technology services firm. As part of this plan, TCS will work…
NEW DELHI: RBI governor Sanjay Malhotra said on Thursday that the central bank does not aim for any particular level for the rupee, and depreciation of rupee is driven purely by market demand, with recent depreciation linked to tariffs. “We do not target any level for the rupee,” Malhotra said at an event at the…
MUMBAI: Tata Trusts trustee Darius Khambata, in a letter to trustees including chairman Noel Tata, has expressed disappointment over the Trusts’ failure to correct what he described as a “doctored media narrative” suggesting a “coup or takeover” by some trustees.“What has been disappointing to me has been the failure of the Trusts to correct this…
BENAGALURU: As TCS begins executing its multi-billion-dollar AI data centre blueprint, the company is positioning HyperVault at the heart of its ambition to become the largest AI-led technology services provider. In an interview to TOI, TCS CEO K Krithivasan and its chief strategy officer Mangesh Sathe outline India’s rising digital footprint makes AI compute capacity…
MUMBAI: Strong gains in index heavyweights Reliance Industries and HDFC Bank on Thursday propelled sensex to within half a percentage point of its all-time high peak of 85,978 points, recorded nearly 14 months ago. Sensex closed the session 446 points up at 85,633 points, its fourth consecutive day of gains. At Thursday’s close, while sensex…
NEW DELHI: Reliance Industries (RIL) has stopped accepting Russian crude for the export-oriented unit at its Jamnagar refining complex in Gujarat from Thursday, a day before the deadline for accepting pre-ordered shipments under the latest round of US sanctions and a month before EU curbs on products made from barrels from Kremlin-backed exporters.From Dec, all…