Asian markets experienced a mostly weaker trading session on Wednesday as investors awaited the U.S. Federal Reserve’s decision on interest rates later in the day and sought clarity on China’s economic stimulus package.

Intel and Ericsson join hands, the Swedish telecommunications gear maker, to develop a customized 5G networking chip.

OpenAI’s ChatGPT android version, the AI chatbot has been. Is now available to users in various countries including India, Bangladesh, Brazil, and the United States. Preorders are also open for nations as part of their expansion plans.

On Monday, Cognizant made an announcement that it was extending its IT service agreement with Gilead Sciences for an additional $800 million in estimated value over the following five years, continuing the current pattern of software giants landing huge deals.

Thales, the defense electronics provider based in Europe is venturing into the field of cybersecurity through the acquisition of Imperva, a U.S. Company for a $3.6 billion. This strategic decision intends to strengthen their activities in cybersecurity expand their focus beyond defense operations and establish themselves as a global contender, in the realm of cyber warfare. The completion of this deal is expected by 2024.

According to research released on Tuesday by an industry group, there will be a shortage of approximately 67,000 workers in the U.S. semiconductor industry by 2030.

In the first quarter of 2023, which concluded in June, Asian Paints recorded a 52% increase in annual growth in consolidated net profit at 1,574.84 crore.

Hipla Technologies, a provider of workplace management systems with a significant presence in India, was acquired by UK-based technology company InVentry.

The NSE International Exchange (NSE IX) has achieved a milestone by trading, more than 214,000 contracts valued at $8.5 billion in GIFT Nifty derivatives. This signifies growth compared to their initial operations. The Connect arrangement has generated interest among investors worldwide providing them with access to a wide range of derivative contracts for 21 hours every day.

Piramal Alternatives, a division of the Piramal Group headed by CEO Kalpesh Kikani has set a target to secure $1.5 billion, for investments, in credit within India’s high-yield companies. Given their history of funds and the rapid growth of India’s economy, they are actively looking for international investors to capitalize on the flourishing market.

On Tuesday, July 25, the infrastructure juggernaut Larsen & Toubro (L&T) is scheduled to release Q1 earnings. On the strength of a large order book, the firm is anticipated to

The Sculptor hedge fund will be acquired by Rithm Capital