OpenAI’s $30bn Oracle deal: Largest AI deal that could reshape the future of Cloud AI

The partnership is part of OpenAI’s Stargate initiative, an ambitious $500 billion plan to build out 10 gigawatts of AI infrastructure across the US over the next four years.   Oracle and OpenAI have signed a mammoth deal, which potentially amounts to OpenAI paying $30 billion annually to Oracle for its data centre services. OpenAI…

Vedanta board to consider first interim dividend for FY26 on June 18

  Vedanta Limited on Friday announced that its board of directors will meet on 18 June to consider and approve the first interim dividend, if any, on equity shares for the financial year 2025–26.   “Please note that the record date for the purpose of determining the entitlement of the equity shareholders for the said…

Morgan Stanley sees Sensex at 1,00,000 in bull case, base target raised to 89,000

The report highlights that foreign investors remain underweight on India, but there are early signs of interest returning Morgan Stanley has reiterated its bullish stance on Indian equities, calling the recent correction from September 2024 highs a buying opportunity. In its latest mid-year outlook, the brokerage raised its Sensex target for June 2026 to 89,000,…