TCS-TPG joint data venture: $2 billion investment planned for HyperVault AI Data Centres; Tata Group targets AI leadership

Tata Consultancy Services (TCS), India’s largest software exporter, is set to launch a multi-billion dollar joint venture with private equity firm TPG to create AI and sovereign data centres, sources close to the matter said. The move marks a strategic shift for TCS, which has historically favoured a capex-light, organic growth model, as it aims…

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Intimidation, unauthorised presence, tampering of votes — Why EC ordered repolling in Bengal’s Falta | India News

NEW DELHI: The Election Commission of India (EC) has ordered a complete repoll in West Bengal’s Falta assembly constituency, scrapping voting held on April 29 after what it described as a breakdown of the democratic process. All 285 polling stations in the South 24 Parganas seat will now vote again on May 21 under heightened…

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Supreme Court in no mood to condone Madhya Pradesh minister in Col Sofiya Qureshi case | India News

NEW DELHI: More than a year after Madhya Pradesh minister Kunwar Vijay Shah stoked a controversy for ‘obnoxiously’ linking Col Sofiya Qureshi to “Operation Sindoor“, the Supreme Court Friday appeared in no mood to condone his misdemeanour and asked the state govt to take a call on the SIT’s request for sanction of his prosecution.Solicitor…

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‘Age-old civilizational ties’: PM Modi begins three-nation tour to Jordan, Ethiopia and Oman; what’s on agenda | India News

NEW DELHI: Prime Minister Narendra Modi on Monday departed from Delhi on a three-nation tour to Jordan, Ethiopia, and Oman, nations with which India shares “age-old civilizational ties” and strong bilateral relations.The visit to Jordan coincides with the 75th anniversary of diplomatic ties between the two countries, a milestone expected to strengthen bilateral engagement further.“I…

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Israel-Iran war: What US 30-day waiver on purchase of Russian oil means for India – Russian oil waiver explained | India Business News

The US waiver allowing additional purchases of Russian crude over baseload offers short-term relief. (AI image) US-Israel-Iran war impact on India: The Donald Trump administration’s move ‘granting’ waiver to purchase Russian crude in lieu of the de facto closure of the Strait of Hormuz has important implications for India’s energy security. Around 90% of India’s…

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Lido DAO Mulls $20M LDO Buyback to Boost Token Price

Lido’s decentralized autonomous organization is considering a one-off $20 million buyback of its governance token to address so-called price dislocation, which is at “historically depressed levels” relative to Ether, according to the DAO.  The proposal, submitted Friday, seeks permission to swap 10,000 Lido Staked Ether (stETH) tokens, currently worth $20 million from the DAO’s treasury…

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