Curated news coverage, institutional background, regulatory filings, and investigative reporting across RDU Global.
Amazon Web Services moved to defuse growing backlash over its data center expansion, with the company saying it no longer uses non-disclosure agreements in the way critics have alleged. The response comes as suspicion deepens around the environmental, economic and community impact of large-scale AI infrastructure projects worldwide.
Anthropic has agreed to spend $11.6 billion over seven years on Akamai's cloud infrastructure, in what Akamai called the largest contract in its history and a major new bet on the less glamorous but increasingly important world of CPUs. The arrangement could expand to about $20 billion if Anthropic increases its commitments, while also giving the AI company a potential equity stake in Akamai through a warrant tied to spending milestones.
Amazon said it will invest $1 billion in communities hosting its data centers, a move aimed at easing public resistance to the rapid expansion of energy-hungry digital infrastructure. The pledge comes as local governments, utilities and residents increasingly question the strain data centers place on power grids, water supplies and housing markets.
Amazon has begun rolling out early discounts ahead of its Prime Big Deal Days event, with notable price cuts on accessories, televisions and other consumer electronics. The move underscores how major retailers are increasingly front-loading holiday promotions to capture demand earlier in the season and lock in spending before competitors can respond.
Amazon has begun rolling out early discounts ahead of its Prime Big Deal Days event, with notable price cuts across accessories, televisions and other consumer electronics. The move underscores an increasingly competitive holiday shopping season, as retailers seek to capture demand earlier and defend market share before the October 6-7 sales window.
Amazon’s India operations posted a mixed FY26 showing, with revenue continuing to scale across seller services, retail and payments even as losses widened sharply. The latest numbers underscore the company’s willingness to absorb higher costs in one of its most strategically important markets, where competition, logistics intensity and regulatory scrutiny remain elevated.
Amazon’s India operations delivered a mixed FY26 performance, with revenue continuing to rise across seller services, retail and payments even as losses widened sharply year on year. The numbers underscore the company’s willingness to keep investing in scale, logistics and customer acquisition in one of its most strategically important emerging markets.
ICICI Bank has received a show-cause notice from GST authorities seeking ₹229.14 crore in tax demand over services linked to customers maintaining minimum account balances. The notice, issued on September 30 by the Additional Commissioner at the CGST and Central Excise Division-IV, adds to the bank’s ongoing legal and regulatory disputes over similar past notices.
Bandhan Financial Services will gradually reduce its holding in Bandhan Bank to align with Reserve Bank of India ownership norms by 2030, according to the company’s stated plan. The promoter has already pared its stake through open-market sales, while a proposed stock split is aimed at improving affordability and widening retail participation.
ICICI Bank has received a show cause notice from GST authorities seeking Rs 229.14 crore in tax, interest and penalties linked to services offered to customers maintaining minimum account balances. The notice, issued on September 30 by the Additional Commissioner at the CGST and Central Excise Division-IV, adds to the bank’s ongoing legal and regulatory disputes over similar tax demands.
Geojit Financial Services will undergo a planned leadership reshuffle on October 1, 2026, with founder C.J. George moving into the role of Executive Chairman and Jones George set to assume charge as Managing Director. The transition is part of the brokerage and wealth management firm’s succession planning and its broader push toward technology-led growth.
The Finance Ministry will meet senior executives of public sector and regional rural banks on Monday to assess contingency plans and ensure continuity of banking operations ahead of a three-day strike called for September 28. The move comes as unions press demands for a five-day banking week and updated pension benefits, raising the prospect of disruption across branches, cash services, and customer-facing operations for several days.
Financial Services Secretary Sanjay Lohia has convened a meeting with the heads of public sector banks, regional rural banks and NABARD on Monday to ensure uninterrupted banking services ahead of a proposed three-day strike from September 28. The move comes as the All India Bank Employees’ Association presses for a five-day banking week and warns of an indefinite strike from October 26 if its demand is not addressed.
Political leaders, ministers, corporate executives, judges, athletes and creators. All news mentioning this entity is automatically verified and aggregated into this live intelligence dossier.
Entities frequently referenced alongside Amazon Web Services chief executive: