‘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

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

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

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

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

Skoda Auto, JSW sign MoU to explore PV joint venture

NEW DELHI: Skoda Auto and JSW Green Mobility have signed a non-binding agreement to explore a joint venture that could develop, manufacture and sell passenger vehicles in India and overseas, the companies announced on Wednesday. The proposed partnership will span internal combustion engine vehicles, electric vehicles, plug-in hybrids and hybrids, signalling that the discussions extend…

Read More