Business

AI capex boom strains hyperscalers’ cash flow as DRAM makers gain pricing power, says Jefferies
The AI infrastructure spending spree by US hyperscalers is showing signs of strain, with capital expenditure now consuming nearly all of their operating cash flow, even as Dynamic Random Access Memory (DRAM)…




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Ravi K assumes charge as HAL CMD, pitches AI-led transformation and global expansion
Outlining his vision for the company, Ravi K said, "My vision is to transform HAL into a globally competitive aerospace and defence…

West Asia crisis: Drone industry lauds govt’s no-penalty relief for disrupted contracts
Smit Shah, President of Drone Federation India (DFI), said the government's move to treat the situation as Force Majeure was a "right"…

India in talks with Nepal for ethanol exports, exploring shipments to SAARC nations: GEMA President
"Our GEMA delegation went to Nepal two days ago. We just heard that Nepal wants to start 10 per cent blending. We…

Strong GST numbers mask weak domestic growth, import surge: Experts
Reacting to the data, Saurabh Agarwal, Tax Partner at EY India, said, "The robust surge in GST collections underscores the fundamental resilience…

Afcons delivers India’s tallest road cable-stayed bridge on Mumbai-Pune Expressway Missing Link Project
Mumbai (Maharashtra) [India], May 1: The wait for safer and faster travel between Mumbai and Pune is finally over with the completion…

Guinness Glory: CM Devendra Fadnavis praises Navayuga for landmark Missing Link Project
Mumbai (Maharashtra) [India], May 1: Navayuga Engineering Company Limited (NECL) proudly garners its second Guinness World Records with the construction of the…