HCLTech, Dolphin Semiconductors to Co-develop Energy-efficient Chips
HCL Technologies announced a strategic partnership with French semiconductor company Dolphin Semiconductors to co-develop energy-efficient chips by embedding Dolphin's specialised low-power IP into its silicon design workflows.
This integration will deliver scalable, high-efficiency SoCs (system-on-chips) that reduce energy consumption while maintaining robust computational capabilities across diverse workloads.
Telangana Summit Day 1 MoUs Reach About Rs 1.8–2.43 Lakh Crore, Say Reports
Media reports on Day 1 of the Telangana Rising Global Summit indicate MoUs and investment commitments totaling roughly Rs 1.8–2.43 lakh crore, with Brookfield-Axis Energy Ventures pledging about Rs 75,000 crore for Bharat Future City and Vin Group signing for Rs 27,000 crore in integrated projects. The Trump Media & Technology Group reportedly highlighted a separate $10 billion investment intent. The Day 1 momentum reflects Telangana’s strategy to attract global capital and advance a multi-sector growth plan in line with its 2047-vision.
Day 1 MoUs total around Rs 1.8–2.43 lakh crore.
Brookfield-Axis pledge: Rs 75,000 crore for Bharat Future City.
Vin Group: Rs 27,000 crore for integrated projects.
Trump Group reportedly signals $10 billion investment intent.
Event marks Telangana’s push toward a $3 trillion economy by 2047.
Telangana Rising Global Summit Attracts Rs 2 Lakh Crore in Day-1 Deals
The two-day Telangana Rising Global Summit, held on December 8–9, 2025 at Bharat Future City, Hyderabad, drew major investment commitments on Day 1 totaling about Rs 2 lakh crore. A marquee intent of $10 billion was announced by a global tech group, with over 35 MoUs signed across deep tech, infrastructure, and core sectors. Key pledges included large-scale developments in urban, energy, and manufacturing spaces, underscoring Telangana’s ambition to become a multi-trillion-dollar economy by 2047. The summit brought together global leaders and Indian corporate chiefs to showcase Telangana’s investment ecosystem and policy incentives for investors.
Summit dates: December 8–9, 2025; venue Bharat Future City, Hyderabad.
Day-1 MoUs and investment commitments around Rs 2 lakh crore.
Major $10 billion investment intent from Trump Media & Technology Group’s representative.
35+ MoUs signed across deep tech, infrastructure, and manufacturing.
Telangana targets a three-trillion-dollar economy by 2047.
HCLTech, Dolphin Semiconductors to Co-develop Energy-efficient Chips
HCL Technologies announced a strategic partnership with French semiconductor company Dolphin Semiconductors to co-develop energy-efficient chips by embedding Dolphin's specialised low-power IP into its silicon design workflows.
This integration will deliver scalable, high-efficiency SoCs (system-on-chips) that reduce energy consumption while maintaining robust computational capabilities across diverse workloads.
Dec 08, 2025
Jeyandran Venugopal Named RRVL President & CEO
Former Flipkart executive Jeyandran Venugopal has been appointed President & Chief Executive Officer of Reliance Retail Ventures Ltd (RRVL), signaling a significant leadership shift as the retailer approaches a potential public listing. In his new role, Venugopal will work with Isha Ambani and the broader leadership team under Mukesh Ambani and Manoj Modi. He previously led product, engineering, and data functions as CPTO at Myntra and Jabong, steering scale and profitability. The appointment aligns governance with Reliance Industries' expanding retail footprint across India, as the group pursues growth, integration with fintech initiatives, and strategic long-term expansion.
Venugopal named President & CEO of Reliance Retail Ventures Ltd.
Former CPTO at Myntra and Jabong prior to this role.
Position aligns with a potential upcoming public listing.
Will collaborate with Isha Ambani and Manoj Modi.
Strengthens leadership during rapid expansion of Reliance Retail.
Dec 07, 2025
Netflix to Acquire Warner Bros Discovery Studios and Streaming Business for $72 Billion
In a seismic shift for the global entertainment industry, Netflix has agreed to acquire Warner Bros Discovery's TV and film studios along with its streaming assets in a landmark $72 billion deal. Announced in December 2025, the acquisition will hand the world's largest streaming platform control over iconic franchises such as Harry Potter, Game of Thrones, and DC Comics, dramatically altering the power structure of Hollywood.
Cristiano Ronaldo Joins AI Company Perplexity as Investor, Brand Ambassador
Portuguese footballer Cristiano Ronaldo has became an investor in and brand ambassador for AI company Perplexity.
In addition, he unveiled a custom AI assistant, Ronaldo hub. Fans can now explore it to view previously unseen images from his personal archive, browse curated questions about all stages of his life, and relive his greatest goals on an interactive pitch.
With Ronaldo's over 650 million combined social media followers, Perplexity is eyeing reach in regions such as Latin America, the Middle East and Asia, where AI adoption is still growing.
Prasar Bharati Signs MoUs With Russian Media Organisations
Prasar Bharati entered into memoranda of understanding with Russian media organisations during Russian President Putin's State visit to India, for cooperation in the field of broadcasting, content sharing and information exchange.
The organisations include Joint Stock Company Gazprom-media Holding; National Media Group, BIG ASIA Media Group, ANO TV-Novosti, and TV BRICS. According to a release by Gamprom Media, the agreement was signed by its CEO Alexander Zharov and Prasar Bharati CEO Gaurav Dwivedi.
Dec 06, 2025
PNB Appoints Harmanpreet Kaur as Its First-Ever Female Brand Ambassador
In a landmark announcement, Punjab National Bank (PNB) has appointed Harmanpreet Kaur, the captain of the Indian women's cricket team, as its first female brand ambassador. This move reflects the bank's expanding emphasis on women empowerment, brand modernisation, and customer engagement.
The declaration took place at PNB's corporate office in New Delhi, during a ceremony themed "Banking On Champions." Kaur was presented with a framed PNB jersey featuring her name and number, symbolising her induction into the bank's identity.
RBI MPC cuts repo rate by 25 bps to 5.25%, maintains neutral stance; revises GDP, inflation forec...
The RBI-led Monetary Policy Committee (MPC) concluded its three-day meeting and unanimously decided to cut the policy repo rate by 25 basis points to 5.25%, according to Governor Sanjay Malhotra.
Consequently, the standing deposit facility (SDF) rate was revised to 5% from 5.25%, while both the marginal standing facility (MSF) rate and the Bank Rate were revised down to 5.5% from 5.75%.
Explaining the rationale behind the rate cut, the RBI governor said, "The growth-inflation balance, especially the benign inflation outlook on both headline and core, continues to provide the policy space to support the growth momentum."
Dec 05, 2025
Flipkart appoints former Meta executive Dan Neary to board
Flipkart has named Dan Neary, a former senior executive at Meta, to its board of directors. Neary brings more than two decades of technology leadership and a global perspective to the e-commerce firm as it prepares for its next growth phase and anticipated IPO filing. He left Meta after helping steer growth across Asia‑Pacific, including expansion in Australia, Greater China, Southeast Asia, and other markets. His appointment signals Flipkart’s focus on stronger governance and strategic execution. Neary will advise on product, platform scale, and international partnerships while the company pursues its vision of deeper market penetration, customer trust, and innovation ahead of listing.
Dan Neary appointed to Flipkart board
Former Meta executive with APAC expansion experience
Board appointment ahead of planned IPO
Strengthens governance and growth strategy
Will advise on product, platform scale, and partnerships
Brendan Nelson appointed HSBC chairman, replacing Mark Tucker
HSBC Holdings has appointed Brendan Nelson as its new Chairman, marking a return to internal board leadership after the tenure of Mark Tucker. The announcement on December 3, 2025, confirms Nelson’s transition from interim Chairman, a role he assumed on October 1, to the full-time position. Nelson will guide HSBC’s strategic direction alongside CEO Georges Elhedery, with a focus on Asia, adapting to lower interest rates, and navigating geopolitical and financial changes. He joined HSBC’s board in September 2023 and has served as interim group chair since October 2025. He previously held senior roles at KPMG, including head of global banking.
Brendan Nelson named HSBC chairman
Succeeds Mark Tucker; previously interim chair
Focus on Asia and strategic growth
RBI approves Vikram Sahu as CEO of Bank of America in India
India's central bank, the Reserve Bank of India, has approved Vikram Sahu as chief executive officer of Bank of America in India, replacing Kaku Nakhate who led the unit for 15 years. Sahu has more than 25 years of experience in banking and finance, with education from St. Stephen's College, Delhi, and a master's degree from the United States. He previously held roles in Hong Kong, the United States, and Europe. In his new role, he will report to Jin Su, president of Asia Pacific at Bank of America. The appointment comes as the bank expands its Indian business amid a challenging macro backdrop.
RBI approves Vikram Sahu as Bank of America India CEO
Sahu replaces Kaku Nakhate after 15 years
Over 25 years in banking and finance
Education: St. Stephen's College, Delhi; master's in the US
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