9:28 pm - Wednesday October 14, 2026

Business

Latest News on Business
Telecom major Bharti Airtel on Thursday announced it has acquired 100 per cent stake in Wireless Business Services (WBSPL), a company founded by U.S. chipmaker Qualcomm. The company had acquired a 49 per cent stake in WBSPL in May 2012 for $165 million. At that price, the additional stake purchase would have cost Airtel an estimated $165 million, or Rs. 1,008.1 crore at Friday’s exchange rate. However, the company did not disclose the financial details of the deal. In a statement, Airtel said that it has “completed the acquisition of 100 per cent equity shares of Wireless Business Services Private Limited, which holds BWA Spectrum in the Indian telecom circles of Mumbai, Delhi, Haryana and Kerala”. Airtel acquired a majority stake in WBSPL in July by increasing its stake to 51 per cent from 49 per cent. WBSPL has spectrum that can be used for high-speed 4G services in New Delhi, Mumbai, Haryana and Kerala. Airtel has the similar spectrum in Punjab, Maharashtra, Kolkata and Karnataka. Airtel has already launched 4G services in Bangalore, Pune, Kolkata, Chandigarh, Mohali and Panchkula. Shares of Airtel were trading at Rs. 353.80, up by 1.46 per cent, in the afternoon session at BSE.
AI chipmaker Cerebras namedropped by Ora...

AI chipmaker Cerebras namedropped by Oracle, alongside Nvidia and AMD

AI chipmaker Cerebras namedropped by Oracle, alongside Nvidia and AMD ## Cerebras Systems Gains Prominence with Oracle Cloud Integration **Emerging semiconductor firm Cerebras Systems is reportedly in discussions with Oracle Cloud Infrastructure (OCI) regarding a potential partnership, a... read more »

Donald Trump
Trump says U.S. will build first refiner...

Trump says U.S. will build first refinery in 50 years with investment by In...

Trump says U.S. will build first refinery in 50 years with investment by India's Reliance Industries ## Landmark Energy Investment Poised to Reshape U.S. Refining Landscape **WASHINGTON D.C.** – In a significant development for the American energy sector, the United States is set to welcome... read more »

Yann LeCun Raises $1 Billion to Build AI...

Yann LeCun Raises $1 Billion to Build AI That Understands the Physical Worl...

Yann LeCun Raises $1 Billion to Build AI That Understands the Physical World ### Yann LeCun’s New Venture Targets Embodied AI with $1 Billion Funding **[City, State] – [Date]** – A significant new player has emerged in the artificial intelligence landscape, aiming to redefine the path... read more »

Oil extends slide as investors assess Tr...

Oil extends slide as investors assess Trump comments on Iran war, Strait of...

Oil extends slide as investors assess Trump comments on Iran war, Strait of Hormuz Oil prices plunged after Trump warned that Tehran would be hit “twenty times harder” if it attempted to halt oil flows through the Strait of Hormuz. This article was created based on information from... read more »

More from Business

Khobragade on immigration watch list, faces arrest in U.S.

Musk's xAI faces backlash after Grok generates sexualized images of children on X

Musk's xAI faces backlash after Grok generates sexualized images of children on X **xAI’s Grok Under Scrutiny Following Concerns Over AI-Generated Content** San Francisco, CA –... read more »

Tesla reports 418,227 deliveries for the fourth quarter, down 16%

Tesla reports 418,227 deliveries for the fourth quarter, down 16% **Tesla’s Q4 Deliveries Fall Short of Expectations Amidst 2025 Stock Surge** Palo Alto, CA – Tesla Inc. has... read more »

South Korea and US

South Korea's Kospi hits record high as region trades mixed at the start of 2026

South Korea's Kospi hits record high as region trades mixed at the start of 2026 **South Korean Equities Surge to New Peak Amidst Varied Regional Performance** Seoul – South Korean... read more »

China adds destroyer to its East China Sea fleet

Chinas BYD poised to overtake Tesla as worlds top EV seller for the first time

Chinas BYD poised to overtake Tesla as worlds top EV seller for the first time **BYD Ascends to Forefront of Global Electric Vehicle Market, Challenging Tesla’s Dominance** The global... read more »

Britain's FTSE 100 hits symbolic 10,000 mark for the first t...

Britain's FTSE 100 hits symbolic 10,000 mark for the first time as new year trading kicks off **FTSE 100 Breaches Historic 10,000 Threshold, Signaling Continued Market Optimism** London – In a... read more »