Business Standard

A new lawsuit claims Anthropic, OpenAI, SpaceXAI and Google made an illegal deal to slow the pace of their respective AI development. The lawsuit, which was filed Friday in the US District Court for the Northern District of California, argues that the leading AI companies violated antitrust laws when they agreed to coordinate slowdown efforts, and that doing so would reduce the value consumers get for paid AI subscriptions. The coordination largely took place on September 12, the lawsuit argues,

Mazagon Dock Shipbuilders (MDL) has entered into an MoU with National Shipbuilding & Heavy Industries Park Andhra Pradesh (NSHIPAP) to serve as the anchor shipyard for the proposed greenfield shipbuilding industrial cluster at Dugarajapatnam.

Delhi is likely to remain dry through September 25, with partly cloudy skies on Saturday and Sunday before skies turn mainly clear; maximum temperatures may rise to 36 degrees Celsius

HEG announced that its subsidiary, Replus Engitech, has received an order from Indus Towers for the supply of lithium-ion battery banks.

Former Pakistan captain Muhammad Rizwan has approached the International Cricket Council's Anti-Corruption Unit seeking clarity on the procedure to be followed if a player is suspected of involvement in corruption, amid a government probe into alleged links to illegal betting and gambling websites. The move comes after the Lahore High Court on Thursday rejected a writ petition challenging the jurisdiction of the National Cyber Crime Investigation Agency (NCCIA) to investigate such matters. The w

The missing Asia Cup trophies won by the Indian men's and women's team will be brought to the BCCI headquarters here one day but a timeline cannot be provided for it, said secretary Devajit Saikia here on Friday. After winning the Asia Cup, the men's team and more recently the women refused to take the trophy from Asian Cricket Council president Moshin Naqvi, who is also an interior minister in the Pakistan government. The Indian men's team had beaten Pakistan in the final last year in Dubai to

The BCCI has restricted the categories of the umpires while enhancing their per-day pay substantially along with that of the match referees, while introducing a promotion-relegation system based on merit, the board's secretary Devajit Saikia informed on Friday. Saikia said there was no revision of the fees for the umpires and match referees for nearly a decade, which has been done now. While details weren't furnished, currently, for senior domestic tournaments umpires in top two grades get Rs 40

In a major development, the BCCI is set to initiate a search for a new chief selector after Ajit Agarkar informed the board's top brass of his decision not to continue in the high-profile post. As per sources close to Agarkar, he has already intimated the BCCI that he doesn't intend to continue in the post. Earlier on Friday, the member units of the BCCI authorized the office-bearers to take a call on chairman of selectors Agarkar's future in the role during the Annual General Meeting here. The

Shilpa Medicare said the US Food and Drug Administration (USFDA) conducted a surveillance inspection at Unit VII of its Analytical Services Division in Hyderabad from 16 to 18 September 2026.

India is caught in a trap of its own making. While the BJP may find it convenient to play on insecurities, it gives Pakistan and Bangladesh leverage in our politics

The opening ceremony of the Asian Games 2026 will be held under the theme Harmonic Heart Beat. The opening ceremony of the Asiad 2026 will begin at 2:30 PM IST, that is, 6 PM local time.

Winning an elusive women's boxing gold will be the main target for the India squad at the Asian Games, with head coach Santiago Nieva drawing confidence from the team's record breaking performance at the Commonwealth Games. Indian boxers returned from the Glasgow Commonwealth Games last month with a record haul of 10 medals, including five golds and a silver won by the women. However they will face stiff competition from powerhouses Kazakhstan, China and Uzbekistan at the Asian Games. We want to

The stakes are incredibly high, and so are the expectations from herself, as India's transformed squash star Anahat Singh returns to the Asian Games stage. Squash is one of the few sports in the continental showpiece offering direct Olympic qualification for the singles gold medallist. This raises the stakes massively, especially since India has never won a singles gold in the competition. Anahat, now 18, was the baby of the team when she had travelled to Hangzhou for her maiden Asian Games appe

Seasoned kabaddi player Pawan Sehrawat replaced Tajinderpal Singh Toor as India's flag-bearer for the Asian Games opening ceremony here on Saturday as the celebrated shot-putter has not yet received his official kit, which will prevent him from attending the gala event. Toor was to join shooting ace Manu Bhaker in leading the national contingent during the ceremony. The 30-year-old Sehrawat, who was a part of the gold-winning Indian men's kabaddi team in the previous Asiad, will now take Toor's

India's Quimcy Dsouza could not put it past Indonesian Sumaya despite giving her all in a gruelling three-game Teqball women's singles semifinal but remained in contention for a bronze medal at the Asian Games here on Saturday. Dsouza let slip the early advantage to go down 12-7, 9-12, 7-12 in the match. The Mumbai player, who had previously competed in state-level football and 1,500m running, was introduced to Teqball after watching Brazilian football great Ronaldinho showcase his skills on Ins

The payment requirement for employers seeking certain H-1B workers will remain until September 21, 2027, as the Trump administration appeals a court ruling against the policy

WHCA president Jacqui Heinrich said excluding the three outlets from White House access amounts to a an on the free press after Trump accused them of fake news

The United Nations announced the appointment Friday of US agriculture official Luke Lindberg to head the World Food Program, the UN food agency that calls itself he world's frontline responder to hunger in conflicts, crises and emergencies around the world. Lindberg, the son-in-law of Senate Majority Leader John Thune, is now the US Department of Agriculture's undersecretary for trade and foreign agricultural affairs. He will replace Cindy McCain as executive director of the Rome-based World Fo

The US military's price tag for the Iran war has grown to USD43.6 billion as of September 3, according to a new estimate provided this week to lawmakers. The figure from US Central Command, which oversees operations in the Middle East, offers the most up-to-date cost for the conflict since it was launched by the United States and Israel on February 28. A Congressional Budget Office report released Tuesday said the war had cost USD 38 billion through August 1 and will continue to rack up expenses

The new law gives Trump authority to impose tariffs of up to 100 per cent on major buyers of Russian energy, including India and China, as Washington seeks to pressure Moscow

Terms under discussion include independent monitoring of CNN's content and commitments on theatrical releases as Paramount seeks to clear a key hurdle to its $110 billion acquisition

The office of Danish Prime Minister Mette Frederiksen said the Greenland deal with the US will be signed by three governments next week during the United Nations General Assembly. However parliamentary action is still needed by the Danish and Greenland governments before it can be enforced. Frederiksen said in a statement that he agreement recognizes the sovereignty and territorial integrity of Greenland and Denmark and upholds both people's right o self-determination.

Gemini found public information online and guessed credentials to access three websites during a May cybersecurity evaluation, Google said, prompting changes to testing processes

President Donald Trump announced Friday he has a deal with Denmark to bolster the US military presence in Greenland after months of threatening to take the island by force from the NATO ally - an agreement that also keeps the Arctic territory in Denmark's hands. Trump in a social media post announcing the deal said the agreement gives the United States permanent control over security, and all other needs, in Greenland, completely addressing ALL of our many US concerns. He added that with the agr

India will take part in only one event on September 19 in Asian Games 2026, the women's singles teqball semi-final match at 6:30 am IST

EIL expects order inflows from Saudi Arabia, UAE and other West Asian markets to accelerate as Gulf nations invest in infrastructure aimed at reducing dependence on the Strait of Hormuz

Tewolde Gebremariam is considering merging Air India Express with Air India to cut costs and streamline operations as the carrier battles heavy losses

Indian Bank aims to enter the insurance and asset management spaces through joint ventures within 1.5 to 2 years, while launching wealth management services in H2

Net direct tax collections rose 13% to 12.12 trillion, with corporate tax and STT driving growth despite a sharp rise in refunds

Modi government's Rozgar Melas have offered nearly 1.9 million jobs since 2022, but overall government employment has grown only modestly

One possible route would be to reduce Tata Sons' relevant asset base below the 1 trillion threshold for classification as an upper-layer NBFC, according to a former regulatory official

Proposal needs Sebi representation, followed by RBI, govt nod

India is a functional duopoly when it comes to food delivery though there are challengers to Eternal (Zomato) and Swiggy

One surname, but four of the most clearly differentiated human brands India has ever seen

SBI Research estimates $127 billion in FCNR(B) deposits could support 25 trillion of additional bank credit and generate 5 trillion in notional profit over five years

The proposed 870-acre Silicon Valley at Naraj will serve as a dedicated semiconductor, electronics and IT hub as Odisha seeks to build an integrated ecosystem

MEA says attacks threatening navigation in Bab-el-Mandeb are unacceptable, while reiterating concerns over the impact of proposed US sanctions legislation on trade ties

According to police, an attacker rammed an explosives-laden vehicle into the mosque premises, following which an exchange of fire with armed militants took place.

In a scenario where there is violation of rules and illegal mining, the violator will attract both civil liability as well as criminal liability for illegal mining, the ministry said

Telecom service providers can levy a termination charge of up to 5 paise on carriers originating undeclared A2P calls, including robocalls and AI-based calls

Air India's incoming CEO Tewolde Gebremariam on Friday met Civil Aviation Minister K Rammohan Naidu. Naidu shared pictures of the meeting on X and said that with massive demand for better connectivity and enhanced passenger convenience, the airline has a challenging and important responsibility. On August 5, Air India announced the appointment of Gebremariam, a former Ethiopian Airlines Group chief, as the Chief Executive Officer and Managing Director. He is expected to take charge after receivi

Congress candidate for the upcoming Nandigram assembly bypoll, Milan Pradhan, was arrested on Friday for his alleged involvement in the 2007 anti-land acquisition movement there, a senior party leader claimed. Another party leader, Subhasish Bhattacharya, was also arrested for allegedly preventing the police from apprehending Pradhan, he said. Pradhan, who has been named in more than 12 cases over the Nandigram land movement, was picked up from a hotel in Chandipur in Purba Medinipur district, t

He underlined that the public and private sectors should not be viewed as competitors but as organisations that complement each other.

Separation of ownership and control could increasingly be an option for businesses across the world, according to Cohen, who's a top global family enterprise academic

Achieving India's 'Viksit Bharat' vision will require critical private sector investment, as public expenditure alone cannot bridge the massive financing gap, Economic Affairs Secretary Anuradha Thakur said on Friday. Speaking at a conference of finance ministers and finance secretaries of states and Union Territories, Thakur highlighted the sovereign rating upgrades from major international rating agencies received by India over the past one-and-a-half years, and said such global recognition un

TCS led the decline, erasing 30,754 crore in market value, while shares of Tata Chemicals, Tata Technologies and Tata Elxsi also fell sharply on Friday amid the row

At the current rate of growth, equal rights and opportunities for women will not be achieved for another 171 years, UN Women report says

EPC major sees a $100-150 billion modularisation opportunity over five years as skilled labour shortages, high costs and remote locations pose execution challenges

AMD India's Jaya Jagadish urges industry leaders to measure progress not only by hiring women but also by developing, promoting and empowering them to lead

State-run iron ore producer plans to cut operational emissions by at least 90 per cent through renewable energy, electrification, low-carbon fuels and CCUS