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ACME, IHI Corporation’s Green Ammonia JV achieves ‘significant milestones’

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ACME, IHI Corporation’s Green Ammonia JV achieves ‘significant milestones’

ACME Clean Energy Private Ltd, a 70:30 joint venture between India’s ACME Group and Japan’s IHI Corporation, currently developing India’s largest green ammonia project in Gopalpur, Odisha, said the project had achieved “significant milestones” since the signing of their initial Memorandum of Understanding (MoU) in 2023. “The project has achieved significant milestones, including the establishment…

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Stock markets trade higher tracking rally in global peers on U.S. Fed rate cut hopes

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Stock markets trade higher tracking rally in global peers on U.S. Fed rate cut hopes

The 30-share BSE Sensex climbed 287.93 points to 81,836.66 in early trade. The 50-share NSE Nifty rallied 84.25 points to 25,089.75. | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty climbed in early trade on Friday (September 12, 2025) in-tandem with a global market rally amid rising hopes that the U.S. Federal Reserve will…

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Rupee falls 7 paise to 88.42 against U.S. dollar in early trade

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Rupee falls 7 paise to 88.42 against U.S. dollar in early trade

Forex traders said the domestic unit is hovering around its all-time low level amid a recovery in the U.S. dollar index and persistent foreign fund outflows. Image used for representative purpose only. | Photo Credit: Reuters The rupee witnessed range-bound trading in morning deals on Friday and depreciated 7 paise to 88.42 against the U.S….

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Alibaba, Baidu begin using own chips to train AI models: Report

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Alibaba, Baidu begin using own chips to train AI models: Report

Alibaba and Baidu did not immediately respond to Reuters requests for comment [File] | Photo Credit: REUTERS China’s Alibaba and Baidu have started using internally designed chips to train their AI models, partly replacing those made by Nvidia, The Information reported on Thursday, citing four people with direct knowledge of the matter. Alibaba has been…

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Indian-origin motel manager beheaded in U.S.; co-worker arrested

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Indian-origin motel manager beheaded in U.S.; co-worker arrested

Image for representation | Photo Credit: Getty Images A 50-year-old Indian-origin motel manager in the U.S. was beheaded in front of his wife and son in Texas following a dispute over a washing machine, police said. The suspect, a co-worker with a criminal record, has been arrested and charged with capital murder. The incident took…

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