Business News Desk

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AMD dismisses Intel chip manufacturing partnership reports as ‘rumours’, triggers industry-wide speculation

Advanced Micro Devices (AMD) has issued a terse one-line response to swirling media reports suggesting early-stage discussions with rival Intel Corporation over a potential chip manufacturing partnership. The statement, released on October 3, 2025, simply read: “AMD does not comment on rumor or speculation.” Despite its brevity, the response has ignited intense debate across the…

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Hitachi shares surge nearly 10% after OpenAI partnership announcement, marking biggest rally since April

Japanese industrial giant Hitachi Ltd witnessed its sharpest intraday stock surge since April 2025, climbing as much as 9.9% to ¥4,285 in Tokyo trading on October 3, following the announcement of a strategic partnership with OpenAI. The rally came after both companies signed a memorandum of understanding (MoU) to collaborate on building sustainable energy infrastructure…

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TNPGCL floats tender to transport crushed coal from Thoothukudi to Udangudi as thermal synchronisation advances

The Tamil Nadu Power Generation Corporation Limited (TNPGCL) has invited tenders for the transportation of crushed coal by road from the Thoothukudi Thermal Power Station (TTPS) to the newly commissioned Udangudi Thermal Power Plant, marking a critical step in the operational rollout of the state’s latest coal-based energy project. The tender, announced on October 4,…

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India-EFTA TEPA deal unlocks wider market access: Coffee, textiles, processed foods, and electronics among top gainers

India’s landmark Trade and Economic Partnership Agreement (TEPA) with the European Free Trade Association (EFTA) bloc—comprising Switzerland, Norway, Iceland, and Liechtenstein—has officially come into force, unlocking significant market access for Indian exporters across high-income European economies. The pact, signed in March 2024 and operational from October 1, 2025, is expected to attract $100 billion in…

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Nithin Kamath hails RBI’s move to raise share-backed loan limit to ₹1 crore, calls it a boost for retail investors

Zerodha co-founder and CEO Nithin Kamath has welcomed the Reserve Bank of India’s decision to raise the limit on loans against shares from ₹20 lakh to ₹1 crore, calling it a progressive move that empowers retail investors and enhances liquidity in capital markets. The announcement, made as part of RBI’s October 2025 monetary policy review,…

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Inox Air begins construction of specialty gas hub in Dholera, eyes semiconductor and solar sector demand

Inox Air Products, one of India’s leading industrial and medical gas manufacturers, has commenced construction of a state-of-the-art specialty gas hub in Dholera, Gujarat. The facility, which will be spread across 30 acres in the Dholera Special Investment Region (DSIR), is designed to support India’s growing semiconductor, solar, and electronics manufacturing ecosystem. The project marks…

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DHL renews 3.17 lakh sq ft Panvel warehousing lease at ₹1.80 crore/month amid logistics boom

Global logistics major DHL has renewed its warehousing lease for a sprawling 3.17 lakh square feet facility in Panvel, Navi Mumbai, at a monthly rental of ₹1.80 crore. The lease extension, finalized in late September 2025, underscores the company’s long-term commitment to India’s fast-growing logistics and e-commerce ecosystem. The facility, located in the industrial belt…

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Zoho doubles down on data sovereignty and ad-free model as Indian ministers back homegrown tech

Zoho Corporation, India’s largest bootstrapped SaaS company, is making a bold bet on data sovereignty and an ad-free business model to scale its operations globally. As government ministers and policymakers increasingly rally behind local tech champions, Zoho is positioning itself as the ethical alternative to ad-driven platforms, with a focus on privacy, localization, and long-term…

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