Ratan Tata, the former Tata Group chairman who put the Indian conglomerate on the global stage with a string of high-profile acquisitions, has died, Tata Group said in a statement late on Wednesday night. He was 86. Just two days ago, on Monday, the industrialist had in a social media post debunked the rumours circulating around his…
Renowned industrialist Ratan Tata died at a Mumbai hospital on Wednesday. He was 86. His body has been kept at the National Centre for Performing Arts (NCPA) at the Nariman Point in the city where people are allowed to pay their last respects from 10 am to 4 pm. Later in the day, the cremation will take…
Ratan Tata, the chairman emeritus of Tata Sons, passed away on Wednesday in a Mumbai hospital. He was undergoing treatment in critical condition and was in intensive care in the hospital for the past few days. Ratan Tata, 86, on Monday said he was undergoing a routine medical investigation due to his age and related medical…
Reuters – US Vice President Kamala Harris, the Democratic presidential candidate, said on Tuesday that Iran was a “dangerous” and “destabilising” force in the Middle East and Washington was committed to Israel’s security. The comments from Harris, who faces Republican former President Donald Trump in the November 5 US election, came hours after Iran fired ballistic…
Claudia Sheinbaum was sworn in as Mexico’s first woman president on Tuesday, vowing to bolster women’s rights and ensure Latin America’s number 2 economy remains a secure destination for international investment. Sheinbaum, a 62-year-old scientist and former mayor of Mexico City, took the oath of office and received the presidential sash in a boisterous ceremony…
Iran launched a barrage of 181 ballistic missiles at Israel on Tuesday night, triggering nationwide air raid sirens and forcing nearly 10 million Israelis into bomb shelters. The Israel Defense Forces (IDF) reported that a large portion of the missiles was intercepted by the country’s advanced missile defence systems, including the Iron Dome and Arrow…
(Reuters) – Amazon.com is expected to join Google and Microsoft on Thursday in reporting a surge in capital spending on artificial intelligence as Big Tech companies rush to capitalize on the booming technology. The e-commerce giant’s capital investments – mostly for building cloud and generative AI infrastructure – is expected to have risen 43% in the second…
Sun Pharmaceutical Industries Ltd’s alopecia drug Leqselvi (Deuruxolitinib) approved by the US Food and Drug Administration (USFDA) earlier this month could see immediate legal hurdles when it comes to its launch. A motion seeking a preliminary injunction has been filed in a US court to prevent the product’s launch. The management cannot comment on the…
Reddit Inc. has been blocking search engines, including Microsoft Corp.’s Bing, from accessing the site’s posts and comments unless they sign commercial agreements, following a Reddit policy change that took effect last month. “We can no longer be completely open because we have to be very considerate of where our data ends up and what…
The tech industry is witnessing a high tide of layoffs since 2022, and even now, the trend seems to be incessant. Recently, the video game company, Bungie, has hit with another round of layoffs. In a move that echoes the industry-wide trend of layoffs, Bungie CEO Pete Parsons revealed that the company will be reducing…