Header-template

Global News

GLOBAL NEWS

Reliance Set for $20B NAV Boost as China’s Overcapacity Crackdown Reshapes Supply Chains

Morgan Stanley estimates that Reliance Industries internal restructuring and Chinas crackdown on industrial overcapacity will increase the companys ne

Morgan Stanley estimates that Reliance Industries internal restructuring and Chinas crackdown on industrial overcapacity will increase the companys net asset value by $20 billion. Chinas "antiinvolution" policies, which aim to reduce fierce competition, are advantageous to the company, particularly in supply chains related to energy and solar. By 2027, Reliances integrated solar activities in India may increase newenergy earnings to 13% and reduce energy prices by 40% by 2030. Citing discounted investments in AI and FMCG, Morgan Stanley increased its 12month price objective to ₹1,701. Following the news, the stock increased by 2% and is currently trading at 21 times earnings, which is consistent with its fiveyear average. Due to positive local and international developments, analysts predict an 80% possibility of more increases within 60 days. Read More..

B2B Tech News | 3 months ago

L&T Semiconductor Eyes China Market with Shenzhen Design Center and OEM Partnerships

Despite geopolitical difficulties, L&T Semiconductor Technologies is preparing a strategic expansion into China in order to access the largest chip ma

Despite geopolitical difficulties, L&T Semiconductor Technologies is preparing a strategic expansion into China in order to access the largest chip market in the world. The business will concentrate on analogue and mixedsignal semiconductors for the consumer electronics, industrial, and automotive industries. In order to localise production and lessen reliance on Western supply chains, it looks to form alliances with Chinese OEMs and design firms. L&Ts action is in line with Indias goal of becoming a worldwide centre for chip design and Chinas drive for semiconductor selfsufficiency. Executives stressed that the expansion will be driven by business, not politics. In order to maintain its neutrality in the face of growing tech competition between the United States and China, the corporation also intends to establish a design centre in Shenzhen and look into collaborative partnerships. Read More..

B2B Tech News | 3 months ago

Trump Slams U.S.–India Trade as “OneSided,” Warns It’s “Getting Late” for Tariff Cuts

The relationship between the United States and India has been criticised by U.S. President Donald Trump as being "very onesided", with India selling l

The relationship between the United States and India has been criticised by U.S. President Donald Trump as being "very onesided", with India selling large quantities of goods to the United States while purchasing relatively little in return. "Its getting late," he said, adding that New Delhi has now offered to lower taxes on American exports to zero. They ought to have taken action years ago. The comments come after Washington criticised Indias purchases of Russian arms and energy and imposed 50% tariffs on Indian goods. In a robust response, India "will neither bow down nor appear weak," stated Piyush Goyal, the countrys minister of commerce. Rising trade tensions are indicated by the intensifying rhetoric, which may also change Indias international alliances as it deepens its ties with China and other nonWestern friends. Read More..

B2B Tech News | 3 months ago

Türkiye Cuts All Trade Ties with Israel, Closes Airspace Amid Gaza Crisis

In reaction to growing tensions over the conflict in Gaza, Turkey has declared a total break with Israel in its commercial and economic relations. The

In reaction to growing tensions over the conflict in Gaza, Turkey has declared a total break with Israel in its commercial and economic relations. The action, which includes barring Israeli planes from using Turkish airspace, represents a significant diplomatic and business shift. Israels aggressive actions run the risk of enveloping the area in a wider confrontation, according to Turkish Foreign Minister Hakan Fidan. The decision comes after Israels military activities have drawn international criticism and there have been increasing civilian fatalities. One of the most forceful regional reactions, Turkeys position might have an effect on bilateral trade worth billions of dollars a year. Experts caution about repercussions for the defence, tourism, and energy industries. In light of the Gaza situation, the declaration highlights the growing geopolitical polarisation in the Middle East and Turkeys intention to impose its influence. Read More..

B2B Tech News | 3 months ago

Japan Post Bank to Launch Digital Yen Service in 2026, Backing CBDC Push

As the first significant Japanese bank to endorse the central banks digital currency programme, Japan Post Bank intends to introduce a digital yen ser

As the first significant Japanese bank to endorse the central banks digital currency programme, Japan Post Bank intends to introduce a digital yen service in 2026. The action is in line with the Bank of Japans digital yen pilot programme, which aims to improve financial inclusion and modernise payments. The digital currency will be smoothly integrated into Japan Post Banks mobile app, enabling users to make transfers and payments. To increase usage, the bank also plans to work with fintech companies and retailers. As Japan aims to catch up to China and other countries that are developing central bank digital currencies CBDCs, this development represents a key step in the countrys digital finance strategy. Read More..

B2B Tech News | 3 months ago

xAI Launches Agentic Coding Model to Build Autonomous Software Developers

A new agentic coding methodology has been introduced by Elon Musks xAI with the goal of developing selfgoverning AI agents that can write, debug, and

A new agentic coding methodology has been introduced by Elon Musks xAI with the goal of developing selfgoverning AI agents that can write, debug, and implement software with little assistance from humans. This signals a change from conversational AI to a digital workforce focused on tasks. The approach enhances realworld utility by integrating with platforms such as X previously Twitter and building upon xAIs opensource Grok. Because of its ability to manage intricate coding processes and adjust on the go, xAI is positioned to compete seriously with OpenAI and Google DeepMind. This is a significant step towards scalable, selfdirected AI systems, according to industry experts. Independence, openness, and quick iteration are key components of Musks vision, and the model is anticipated to spur growth in industries including business automation, banking, and logistics. Read More..

B2B Tech News | 3 months ago

Hackers Use Fake Zoom Invites to Deploy ScreenConnect Spyware Across 900+ Organizations

More than 900 organisations are being targeted by hackers with phoney Microsoft Teams and Zoom enable you to use their remote monitoring capabilities

More than 900 organisations are being targeted by hackers with phoney Microsoft Teams and Zoom enable you to use their remote monitoring capabilities and eavesdrop on employee activity. Attackers deceive victims into installing ConnectWise ScreenConnect, a genuine IT tool that has been repurposed for complete system access, by using phishing pages created by artificial intelligence and hijacked email threads. Once inside, they imitate typical IT activity while carrying out lateral phishing, account takeovers, and data theft. Religious organisations, healthcare, education, and finance are among the sectors affected, primarily in the United States, the United Kingdom, Canada, and Australia. Dark web marketplaces that offer "attack kits" and training are the campaigns main source of funding, transforming ScreenConnect misuse into a RATasaService business model. To combat these changing threats, experts advise companies to implement AIpowered email security, endpoint monitoring, and zerotr Read More..

B2B Tech News | 3 months ago

WhatsApp Patches Critical ZeroClick Flaw Affecting iOS and macOS Users

The iOS and macOS apps of WhatsApp have been patched for a major zeroclick vulnerability CVE202555177 that might have enabled hackers to initiate harm

The iOS and macOS apps of WhatsApp have been patched for a major zeroclick vulnerability CVE202555177 that might have enabled hackers to initiate harmful content processing without user intervention. The vulnerability allowed attackers to take advantage of linked device communications since authorisation checks during device synchronisation were not complete. The problem wasnt particularly hazardous on its own, but when combined with another Apple OSlevel vulnerability CVE202543300, which has since been corrected, it posed a major threat. Meta has informed the less than 200 users who were perhaps targeted. To guarantee security, users are advised to update WhatsApp to the most recent version. The incident demonstrates the rising alarm over sophisticated cyberattacks that make use of crossplatform flaws in widely used chat programmes. Read More..

B2B Tech News | 3 months ago