HCLTech Joins European Commission’s AI Pact to Champion Responsible AI: Global tech major HCLTech has signed the European Commission’s AI Pact, reaffirming its dedication to the ethical and responsible development of AI technologies. The pact, a voluntary initiative, precedes the implementation of the European Union’s AI Act, the first comprehensive legal framework for AI regulation, […]
Tag: 14th May 2025
Ant Group to Sell 4% Stake in Paytm Worth ₹2,066 Crore via Bulk Deal
Ant Group to Sell 4% Stake in Paytm Worth ₹2,066 Crore via Bulk Deal: Chinese financial services major Ant Group, through its affiliate Antfin (Netherlands) Holding BV, has announced plans to sell a 4% stake in fintech company One97 Communications Ltd—the parent firm of Paytm—for approximately ₹2,066 crore via bulk deals on Indian stock exchanges. […]
US-China Agree to Slash Tariffs Amid Trade War De-escalation
US-China Agree to Slash Tariffs Amid Trade War De-escalation: The United States and China have agreed to slash reciprocal tariffs by 115% as part of a 90-day truce in their prolonged trade war. The deal, finalized after high-level talks in Geneva between US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng, marks a […]
Tax exemption for residences of active defence personnel : AP
Tax exemption for residences of active defence personnel : AP Gesture to honour India’s armed forces, Andhra Pradesh Deputy Chief Minister Pawan Kalyan announced a full property tax exemption for homes owned by active defence personnel located within gram panchayat areas across the state. The move comes as an expansion of an earlier benefit limited […]
