Representative image (AI) HYDERABAD: Global fast moving consumer goods (FMCG) giant Unilever is open to the of setting up its global capability centre (GCC) in Hyderabad and top brass of the company held deliberations on the issue with Telangana chief minister A Revanth Reddy at the World Economic Forum (WEF) at Davos.The CM, who is…
Representative image (AI) MUMBAI: A new technology festival, ImagiNxt 2026, will make its debut in Mumbai in May, positioning itself as a cross-sector platform linking India’s startup ecosystem with policymakers, investors and global technology leaders. The two-day event will be held on May 22–23 at the Jio World Centre.Organisers say the idea behind ImagiNxt is…
Netflix has revised its proposed acquisition of Warner Bros. Discovery, shifting to an all-cash transaction valued at USD 27.75 per share. The move aims at simplifying the deal structure and strengthening its position amid rival takeover efforts.The revised offer values Warner Bros. Discovery at an enterprise value of about USD 82.7 billion, including debt and…
MUMBAI: PhonePe has secured go ahead from markets regulator Securities and Exchange Board of India (SEBI) for its initial public offering (IPO), said people aware of the matter. The Walmart-owned company is seeking to raise around Rs 12,000 crore ($1.3 billion) through an offer for sale (OFS). An OFS allows existing company shareholders to offload…
Representative image (AI) HYDERABAD: Energy transition player AM Group (AMG), which is backed by the founders of Greenko Group, plans to set up a 1 GW (gigawatt) high performance AI infrastructure hub in Uttar Pradesh’s Greater Noida region at an investment of $25 billion.The mega project, aimed at setting up a high-performance compute hub to…
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He Lifeng ,Trump (File photos) China on Tuesday said there were no winners in trade and tariff wars and called for more cooperation and dialogue in the global economy.Speaking at the World Economic Forum annual meeting, China’s vice-premier He Lifeng said countries should work together instead of turning inward. He added that while economic globalisation…
