Business – Page 90

SoftBank Commits 75 Billion Euros to Build 5 Gigawatts of AI Infrastructure in France

SoftBank announced a massive €75 billion commitment to develop 5 gigawatts of AI infrastructure capacity across France.

US tariffs on Indian goods including textiles and seafood continued to pressure Indian MSME exporters and labour-intensive sectors.

Deloitte’s India economic outlook highlighted reforms in fiscal monetary and labour policies as crucial levers for sustaining growth.

The Stargate project involving SpaceX Oracle and OpenAI progressed with $500 billion committed to build AI data centers across multiple US states.

The AI investment landscape heated up ahead of planned IPOs from Anthropic and OpenAI amid surging demand for AI infrastructure.

Analysts noted potential upside to India’s GDP growth from a recovery in private sector capital expenditure in the latter part of 2026.

Microsoft completed its AI Foundry catalog with 11000 models including Anthropic’s Claude Opus 4.8 making it available to enterprise clients.

Electrosteel Castings Ltd announced it was exploring acquisitions to enter the paints and coatings business as part of its diversification strategy.

The new US-India trade agreement is projected to lower trade uncertainty and help unlock a long-awaited private investment cycle in India.

Analysts predicted that Indian equity markets would perform better in 2026 than 2025 driven by resilient domestic mutual fund flows.