NBCC plans to set up its own NBFC to help save over $100 million Company News

NBCC plans to set up its own NBFC to help save over $100 million  Company News

The NBCC will seek approval for the shadow bank from the new administration to be elected in June at the end of the seven-phase national elections that began on Friday. read 2 minutes Last update: 19 April 2024 | 1:46 pm First India’s state-owned NBCC is planning to set up its own non-banking finance company […]

TSMC set to report 5% rise in first-quarter profit on strong AI chip demand | world News

TSMC set to report 5% rise in first-quarter profit on strong AI chip demand |  world News

TSMC Headquarters | (Photo: Bloomberg) read 2 minutes Last update: 18 April 2024 | 9:06 am First Taiwan Semiconductor Manufacturing Co., a major producer of advanced chips used in artificial intelligence applications, is expected to report a 5 percent rise in first-quarter profit on Thursday due to strong demand. The world’s largest contract chip maker, […]

Microsoft-OpenAI deal set to avoid formal EU merger probe, report says Tech News

Microsoft-OpenAI deal set to avoid formal EU merger probe, report says Tech News

The Microsoft-OpenAI partnership is also subject to informal scrutiny in other areas. Photo: Bloomberg read 2 minutes Last update: 17 April 2024 | 11:32 pm First European Union antitrust regulators have concluded that Microsoft’s $13 billion investment in OpenAI is not a takeover, sources familiar with the matter said on Wednesday, signaling that the deal […]