Business updates

Business updates

Anthropic taps Microsoft veteran Irina Ghose to lead India ops as users surge

Anthropic plans to officially open its Bengaluru office in February, with CEO Dario Amodei scheduled to visit for the launch and the India AI Impact Summit.>

IT stocks lead Sensex, Nifty 50 higher after Infosys raises revenue forecast

Nifty IT index was up 3% with all 10 stocks rising. Wipro rose 3% ahead of its quarterly results later today, even as Infosys shares jumped 5% after Q3 results.>

OpenAI, Microsoft lose last chance to avoid a trial with Elon Musk

Elon Musk claims OpenAI, founded by him and Sam Altman as a non-profit, took billions in funding from Microsoft to become a for-profit business.>

Supreme Court rules against Tiger Global in Walmart-Flipkart deal tax case

Tiger Global's $1.6-billion stake sale at the time of the Walmart-Flipkart acquisition deal in 2018 is subject to tax, Supreme Court says.>

India's trade deficit slightly widens to $25.04 billion in December 2025

India exports rose to $38.51 billion in December from $38.13 billion in November. Imports increased to $63.55 billion from $62.66 billion during the same time.>

Who is Soumith Chintala, VIT graduate appointed CTO of Thinking Machines Lab?

Soumith Chintala has been appointed CTO of Thinking Machines Lab, the company co-founded by former OpenAI executive Mira Murati.>

Ericsson plans layoffs in Sweden that'll affect at least 1,600 jobs

Ericsson AB plans to cut about 1,600 jobs, as the Swedish network equipment supplier looks to reduce its operational costs.>

Tesla offers Model Y on discount in India amid few takers

Tesla registered only 227 cars in India for all of 2025 highlighting the gap between early demand signals and actual sales.>

Putting Grok back in the bottle? Decoding how X claims it is taming misbehaving AI

X’s sudden effort to civilise Grok is less about ethical enlightenment, but more like a belated damage limitation exercise>

Wired Wisdom: Dell’s AI facts, analysing Philips’ impressive CX3013 OFR, & China’s car mandate

The Philips Oil Filled Radiator CX3013/01 takes a rather simple approach to the proposition, which itself is rare in this age.>

Credits : HTimes