After incendiary remarks strained ties with India, President Trump attempted damage control, affirming the “special relationship” despite disappointment over India’s Russian oil purchases, threatening a 50% tariff. This came after India rejected US demands, asserting its right to choose its…
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Anthropic will pay at least $1.5 billion to settle a US class action lawsuit over allegedly using pirated books to train its artificial intelligence models, according to court documents filed Friday. The settlement stems from a class-action lawsuit filed by…
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The rate rationalisation has eased working capital pressures by aligning input and output tax rates, and paving the way for quicker provisional refunds, and a two-slab structure eases compliance costs and classification disputes, say CFOs.
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SpiceJet faced a setback in the first quarter of fiscal year 2025. The budget carrier announced a consolidated net loss of Rupees 234 crore. This contrasts with a net profit of Rupees 158 crore in the same period last year.…
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As per Data Center Dynamics, the latest round of layoffs has extended beyond the Oracle Cloud Infrastructure (OCI) teams. This is the same team that witnessed layoffs last month. In the fresh round the employees working in Oracle Health (formerly…
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Company says Bank of Baroda’s fraud classification of RCom and Anil Ambani loans is unrelated to its operations or finances and has no stakeholder impact.
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