AI infrastructure push: Nvidia, Microsoft join BlackRock-led group in $40 billion data center deal; computing power in focus

A consortium led by global asset manager BlackRock, along with chipmaker Nvidia and tech giant Microsoft, is set to acquire Aligned Data Centers from Australian financial services major Macquarie in a deal valued at around $40 billion.The acquisition underscores the tech sector’s escalating race to build artificial intelligence infrastructure — from chips and servers to…

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US–India trade: India’s exports to US drop nearly 12% in September, imports rise 11.8%

India’s merchandise exports to the United States fell 11.93% to $5.46 billion in September amid Washington’s 50% tariff on Indian goods, while imports from the US rose 11.78% to $3.98 billion, according to data from the commerce ministry.During April–September FY26, exports to the US grew 13.37% to $45.82 billion, while imports increased 9% to $25.6…

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Infosys ramps up lateral hiring: Tech giant offers cash referral bonuses; signals strong demand for tech talent

Infosys has stepped up lateral hiring across its development centres in India, offering cash rewards to employees who recommend candidates for open positions, signaling growing momentum in mid-career recruitment at the Bengaluru-headquartered software giant, according to an ET report.In an internal communication, Infosys outlined referral bonuses of Rs 10,000 for job level 3 hires, Rs…

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‘Should correct its wrong approach’: China warns after Donald Trump’s tariff threat; calls for dialogue on equal footing

China on Wednesday termed Donald Trump‘s 100% tariff threat as the “wrong approach” to deal with Beijing, as it went on to defend its export control measures on rare earths and related items. It called upon the States to address issues through dialogue and consultation on the “basis of equality, respect and mutual benefit”.“China’s position…

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Trade talks with US: Delhi working to find ‘win-win situation’; 45% of Indian exports remain tariff-free

NEW DELHI: Government sources on Wednesday said that discussions between India and the United States on trade issues are “deeper and ongoing,” with both sides working towards finding a “win-win solution.“According to government sources quoted by ANI, engagement between India and the United States is continuing at multiple levels, with constructive discussions taking place.“The ambassador-designate…

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