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BusinessPhoto: Mint Companies

Blackstone Faces Challenges in AI Data Center Investments

Blackstone Inc., a major investor in AI data center operator Firmus Grid Ltd., is facing challenges as the industry demands massive capital. Firmus recently failed a $30 billion IPO, signaling investor skepticism about the profitability of AI data centers. Blackstone owns 6.7% of Firmus and participated in a $2 billion funding round and a $10 billion debt facility, highlighting the high stakes in this capital-intensive sector.

Mint Companies··Sydney

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BusinessPhoto: Amar Business

Gold and Silver Prices Fall, Retail Buyers Benefit

Gold and silver prices have declined, benefiting retail buyers who are now able to purchase these precious metals at lower rates. The recent drop in prices has created favorable conditions for consumers looking to invest or buy jewelry. Updated rates reflect this downward trend in the market for gold and silver.

Amar Business·

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TechnologyPhoto: ET Energy Renewable

Tata Power and Imperial College London Partner on Energy Innovation

Tata Power has signed an MoU with Imperial College London to collaborate on research and technology in energy storage, grid flexibility, artificial intelligence, and industrial decarbonisation. The partnership aims to combine Tata Power's operational expertise with Imperial College's research to develop flexible, resilient, and low-carbon energy systems. CEO Praveer Sinha emphasized the need for integrated next-generation grids and digital energy solutions.

ET Energy Renewable·

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BusinessPhoto: TOI Business

N Chandrasekaran Urges Investment in Semiconductors for India's Future

Tata Sons chairman N Chandrasekaran emphasized the importance of investing in semiconductors and electronics for India and businesses. He acknowledged that such investments might not yield significant returns within two to three years but are crucial for the country's long-term growth and technological advancement.

TOI Business·

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SportsPhoto: TOI Sports

Barcelona and Real Madrid Legends to Play in Kolkata on Nov 25

Kolkata will host a football exhibition match between Barcelona Legends and Real Madrid Legends at Salt Lake Stadium on November 25. Notable players like Luis Figo, Carles Puyol, and Iker Casillas are expected to participate, though official squads are yet to be confirmed. This event follows last year's Mumbai match where Real Madrid Legends won 2-0, continuing Kolkata's football legacy.

TOI Sports··Kolkata

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SportsPhoto: HT Sports

Rams Release Harrison Mevis, Sign Blake Grupe as Kicker

The Los Angeles Rams have released kicker Harrison Mevis after a poor start to the 2026 NFL season. Following a 37-34 overtime loss to the Buffalo Bills, where Mevis missed critical field goals, the Rams signed Blake Grupe from the New York Jets practice squad to take over kicking duties. Head coach Sean McVay expressed frustration over the kicking game performance.

HT Sports··Los Angeles

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