“Oracle is raising money in order to build additional capacity to meet the contracted demand from our largest Oracle Cloud Infrastructure customers, including AMD, Meta, NVIDIA, OpenAI, TikTok, xAI and others”, the company said in a statement.
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Chief financial officers (CFOs) across sectors have described Budget 2026 as balanced and progressive, with no major negative surprises. The budget, they said, laid a clear emphasis on manufacturing-led growth, infrastructure build-out, simpler taxation and lower compliance friction.
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The minister said the sector has received an investment proposal of $90 billion, of which $70 billion has started moving into the construction phase.
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As markets and institutions parse the fine print of Finance Minister Nirmala Sitharaman’s ninth consecutive Budget, ETBFSI and ETCFO go live with the fourth and final episode of their Budget Series to decode what Budget 2026 means for banks, NBFCs,…
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Sitharaman said that the government will set up a Joint Committee of Ministry of Corporate Affairs and Central Board of Direct Taxes for incorporating the requirements of Income Computation and Disclosure Standards (ICDS) in the Indian Accounting Standards (IndAS) itself.
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Finance Minister Nirmala Sitharaman emphasizes AI for people and jobs in India. The government supports startups and practical AI solutions. India Semiconductor Mission 2.0 is launched to boost semiconductor manufacturing and design. Incentives for electronics components manufacturing are also increased.…
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