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GLOBAL NEWS

ING Continues €2.0 Billion Share Buyback Programme Amid Strong ESG Performance

ING Bank announced on October 21st that its €2.0 billion share buyback programme is nearing completion, having repurchased approximately 95.18% of t

ING Bank announced on October 21st that its €2.0 billion share buyback programme is nearing completion, having repurchased approximately 95.18% of the maximum total value. The share buyback, which began in May 2025, reflects the banks strong capital position and commitment to maximizing shareholder returns. Furthermore, the bank highlighted its continued focus on sustainability, noting its high ESG rating reconfirmed as AA and its leadership in financing sustainable activities. The completion of the buyback is a key financial event that signals confidence in INGs operational resilience and its strategic transition to a lowcarbon economy. Read More..

B2B Tech News | 6 days ago      

IndiaUS Trade Severely Hit by Tariff Row Exports Drop 37.5% in Four Months

A report released on October 20th by the Global Trade Research Initiative GTRI confirmed a sharp decline in Indian exports to the United States, which

A report released on October 20th by the Global Trade Research Initiative GTRI confirmed a sharp decline in Indian exports to the United States, which fell by 37.5% over the four months following the escalation of tariffs. Indian exports, which faced a 50% US tariff by September, dropped from $8.8 billion in May to $5.5 billion in September. The data identifies the US as Indias most severely affected market. Key sectors like textiles, gems and jewellery, and engineering goods bore the brunt, highlighting the growing impact of trade protectionism on the two nations trade flows and supply chains. Read More..

B2B Tech News | 6 days ago      

Shadowfax Gets SEBI Nod for ₹2,500 Crore IPO

Shadowfax, a leading Indian logistics and delivery platform, announced on October 20th that it has received approval from the Securities and Exchange

Shadowfax, a leading Indian logistics and delivery platform, announced on October 20th that it has received approval from the Securities and Exchange Board of India SEBI to proceed with its Initial Public Offering IPO. The IPO is expected to raise approximately ₹2,500 crore, positioning the company to capitalize on the booming quickcommerce and lastmile delivery sectors. The funds will be primarily used for capital expenditure, technology upgrades, and scaling the companys network infrastructure. This marks a major milestone for the logistics sector as it continues to attract significant public market investment. Read More..

B2B Tech News | 6 days ago      

Foreign Investors Plan ₹50,000 Cr. Investment in Indian Finance and Banking.

Commerce and Industry Minister Piyush Goyal announced that foreign investors have recently planned to invest over ₹50,000 crore in Indias finance an

Commerce and Industry Minister Piyush Goyal announced that foreign investors have recently planned to invest over ₹50,000 crore in Indias finance and banking sectors. He described India as an "oasis for investments" amidst prevailing global headwinds, stressing the country is emerging as a preferred investment destination. Goyal highlighted that Foreign Direct Investment FDI continues to flow robustly, a surge which underscores the growing attractiveness of the Indian economy to global investors. Government data supports this, showing that FDI in India rose by 15% to USD 18.62 billion during April–June this fiscal year, with the inflow from the US nearly tripling to USD 5.61 billion in the quarter. Read More..

B2B Tech News | 6 days ago      

Indian Stock Markets to Close for Diwali on October 21 Muhurat Trading Scheduled

The Bombay Stock Exchange BSE and the National Stock Exchange NSE announced on October 19th that markets will remain closed on October 21st for Diwali

The Bombay Stock Exchange BSE and the National Stock Exchange NSE announced on October 19th that markets will remain closed on October 21st for Diwali Lakshmi Puja, and again on October 22nd for Balipratipada. However, a special Muhurat Trading session—a symbolic onehour window—will be held on Tuesday, October 21st, from 145 pm to 245 pm. This traditional session marks the start of the Hindu New Year, Samvat 2082. Despite the holidays, the Indian market closed the preceding week on a high note, driven by strong festive sentiment and positive corporate earnings momentum. Read More..

B2B Tech News | 6 days ago      

IndiaAI Mission Pushes Inclusive Development with ₹10,300 Crore Infrastructure Goal

The IndiaAI Mission continued to drive national strategy on October 20th, with reports emphasizing the ₹10,371 crore investment dedicated to expandi

The IndiaAI Mission continued to drive national strategy on October 20th, with reports emphasizing the ₹10,371 crore investment dedicated to expanding AI infrastructure, including 38,000 GPUs, to democratize access to computing power. This push aligns with the NITI Aayogs latest report, "AI for Inclusive Societal Development," which details a strategy to use AI tools for healthcare, skilling, and financial inclusion for Indias 490 million informal workers. The goal is to leverage AI to bridge social and economic divides, making the technology open, affordable, and accessible across all sectors, supporting the longterm vision of a "Viksit Bharat by 2047." Read More..

B2B Tech News | 6 days ago      

Meta, Blue Owl Seal $30 bn Private Capital Deal for Hyperion Data Centre

Social media giant Meta announced on October 20th a massive $30 billion private capital agreement with investment firm Blue Owl for its Hyperion data

Social media giant Meta announced on October 20th a massive $30 billion private capital agreement with investment firm Blue Owl for its Hyperion data centre project. The deal, which constitutes one of the largest private equity investments in technology infrastructure this year, is critical for Metas longterm Artificial Intelligence AI strategy. The Hyperion project is envisioned as a nextgeneration AI supercomputing cluster, requiring unprecedented scale and power efficiency. The investment will primarily fund the advanced chip procurement, specialized cooling systems, and specialized infrastructure architecture needed to support massive LLM training and inferencing workloads, setting a new benchmark for hyperscale AI infrastructure development globally. Read More..

B2B Tech News | 6 days ago      

Microsofts October Patch Tuesday Addresses Record 175 Vulnerabilities, Including Three Exploited ZeroDays

Microsofts October 2025 Patch Tuesday released October 14th, with subsequent analysis published through October 21st marked the largest security updat

Microsofts October 2025 Patch Tuesday released October 14th, with subsequent analysis published through October 21st marked the largest security update of the year, addressing 175 vulnerabilities. Most critically, the update fixed three zeroday flaws actively exploited in the wild, including privilege escalation bugs in the Windows Remote Access Connection Manager CVE202559230 and a thirdparty Agere Modem driver CVE202524990 bundled with Windows. The sheer volume and severity of the patches underscore the continuous need for robust security posture management in enterprise environments to defend against sophisticated threat actors leveraging known architectural weaknesses for system access. Read More..

B2B Tech News | 6 days ago