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Auto part companies step on expansion pedal as FTAs open up markets

NEW DELHI: Auto component companies are stepping up investments in India, scouting for new acquisitions and expanding capacities as free trade agreements (FTAs) open up fresh export opportunities for them.Executives across companies told TOI that India is fast emerging as a manufacturing and export base, especially for US and European markets, with recent trade deals…

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Forbes’ 250: Who are the 11 Indian Americans recently named America’s Greatest Innovators?

Meet the 11 Indian Americans Who Just Made Forbes’ Most Powerful Innovators List In a striking testament to the evolving face of American ingenuity, 11 Indian Americans have been honoured among Forbes’ 250 America’s Greatest Innovators, a list released as part of the United States’ 250th anniversary celebrations, spotlighting those whose ideas and leadership have…

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Bitcoin Miner MARA jumps 17% after striking a deal with Starwood to build AI data centers

MARA Holdings shares jumped 17% after the bitcoin mining firm announced Thursday a partnership with Starwood Capital Group to build large data centers across its existing U.S. sites. The agreement will convert select MARA locations, many of which were originally developed for Bitcoin mining, into facilities serving enterprise cloud and artificial intelligence customers. Starwood, which…

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Pm Modi Instagram Followers: PM Modi first leader to cross 100m followers on Instagram | India News

NEW DELHI: PM Modi Thursday became the first world leader and politician to cross 100 million followers on Instagram, marking a new milestone in his global digital footprint and online political communication.Modi, who joined the platform in 2014, has steadily built one of the world’s most-followed political accounts. His follower count is now more than…

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MP Materials selects Texas for rare earth magnet manufacturing site

MP Materials 10X Magnet Manufacturing Facility, Northlake TX. Source: MP Materials MP Materials has chosen Northlake, Texas, for its new $1.25 billion rare earth magnet manufacturing campus, the company announced Thursday, amid a rush to shore up domestic supplies of metals critical for everything from data centers and defense to personal electronics. The facility, dubbed…

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U.S. regulator’s GENIUS pitch puts dark cloud over crypto sector’s stablecoin model

The crypto industry’s stablecoin operations, such as the arrangement between issuer Circle and leading exchange Coinbase, could be under serious pressure in the U.S. Office of the Comptroller of the Currency’s newly proposed set of stablecoin rules. Even as OCC chief Jonathan Gould testified in the U.S. Senate on issues that included crypto oversight on…

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