UAE exit from Opec would raise oil supply, lower prices for India: Analysts

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  Alongside Saudi Arabia, the UAE holds meaningful spare capacity, the real lever Opec+ uses to move markets and stabilise prices.   The United Arab Emirates’ (UAE) exit from the Organisation of Petroleum Exporting Countries (Opec) could benefit India by increasing oil supply and lowering prices, analysts said.   On April 28, the UAE announced…

Tata Communications acquires 51% stake in US-based AI platform Commotion Inc in ₹227 crore deal

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Tata Communications has acquired a 51% stake in Commotion, an AI-native Enterprise SaaS Platform, to enhance AI integration in its Digital Fabric. The ₹227 crore deal is expected to improve its Customer Interaction Suite with advanced AI capabilities. Tata Communications, in its regulatory filing today, December 02, announced that it had acquired a 51% stake…