Sunday, August 16
Air India is facing a London lawsuit from the estates of some of the deceased over the June 2025 crash of a passenger jet which killed 260 people. A personal injury lawsuit was filed at the High Court by 11 claimants on December 18, according to court records. No further details were immediately available.
Global semiconductor revenue surged to a record $793 billion in 2025, up 21% year-on-year, as demand for AI-driven chips continued to reshape the industry, according to preliminary estimates from Gartner.“AI semiconductors — including processors, high-bandwidth memory (HBM), and networking components — continued to drive unprecedented growth in the semiconductor market, accounting for nearly one-third of total sales in 2025,” said Rajeev Rajput, senior principal analyst at Gartner. He added that the momentum is far from peaking, with AI infrastructure spending forecast to cross $1.3 trillion in 2026.Jensen Huang's NVIDIA emerged as the winner of the AI boom, widening its revenue lead over Samsung Electronics by $53 billion in 2025. The company became the first semiconductor vendor
Mumbai: Standard Chartered Bank (StanC) has relaunched its priority banking offering in a fresh attempt to deepen its wealth offerings. The bank will offer priority banking services to clients have assets of between Rs 50 lakh to Rs 2.5 crore together with curated travel and wellness privileges and an invite only credit card.Aditya Mandloi, head, wealth and retail banking, India and South Asia at StanC said the bank had about 50,000 clients in this segment which is a part of the wealth management and private banking business for the bank.“India continues to be a strategic growth market for our wealth and retail banking business. We have relaunched our priority banking business looking at the evolving needs of customers. Our strategy is to have multiproduct client relationships in wealth
