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Bill Thayer

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Frontier AI & Machine Learning 08 Oct 2026, 10:15 PM IST

Ambrosia Energy and Bloom Energy Executives Spotlight AI Infrastructure Opportunity at TechCrunch Disrupt 2026

Ambrosia Energy Chief Executive Ben Longmier and Bloom Energy Senior Vice President Bill Thayer are set to appear on TechCrunch Disrupt’s Smart Systems Stage, underscoring how the AI infrastructure boom is reshaping demand for power, reliability and on-site generation. Their presence signals that the next phase of frontier AI growth is increasingly being defined not only by model performance, but by the physical systems required to keep compute clusters running at scale.

By RDU Global Wire6 min read
Banking, Fintech & Insurance15 Oct 2026, 09:10 PM IST

India’s August balance of payments swings to $45.4 billion surplus on heavy capital inflows

India’s balance of payments recorded a sharp surplus of $45.4 billion in August, reversing a $5.6 billion deficit a year earlier even as the current account remained in deficit. The improvement was driven by stronger net transfers, including remittances, and a surge in capital-account inflows, aided by central bank measures that encouraged foreign-exchange deposits.

4 min readRead →
National Governance & Policy15 Oct 2026, 08:49 PM IST

India’s Exports Jump 23% in September as Trade Deficit Narrows to $30.21 Billion

India’s merchandise exports rose 23% in September from a year earlier, while the trade deficit narrowed to $30.21 billion, reflecting a stronger export performance even as import costs remained elevated. Higher crude oil prices linked to the West Asia crisis improved realisations for petroleum product exports, helping offset some pressure from the import bill.

4 min readRead →
Global Markets & Equities15 Oct 2026, 08:08 PM IST

U.S. Fines Bank of America $1.2 Billion Over Anti-Money Laundering and Sanctions Failures

U.S. regulators have imposed a $1.2 billion penalty on Bank of America, accusing the lender of violating anti-money laundering and sanctions rules in a major enforcement action that underscores the continuing pressure on large banks to strengthen compliance. The fine lands as the bank also reported a sharp drop in third-quarter profit, adding to investor scrutiny over trading, dealmaking and operating discipline.

5 min readRead →
Banking, Fintech & Insurance15 Oct 2026, 04:22 PM IST

Bank of Baroda to Defend Itself After B.R. Shetty Files $15 Billion Suit

Bank of Baroda said it has not yet been served with a $15 billion lawsuit filed by UAE-based businessman B.R. Shetty, but intends to defend its interests if and when the claim is formally received. The case adds a new legal front to the long-running fallout from the collapse of NMC Health, with Shetty alleging bank officials facilitated fraudulent transactions and ignored anti-money laundering warnings.

5 min readRead →
Global Markets & Equities15 Oct 2026, 03:41 PM IST

Perella Weinberg and Piper Sandler End Merger Talks, Halting a Potential $6 Billion Investment Banking Tie-Up

Perella Weinberg Partners and Piper Sandler have abandoned merger discussions, according to reports, ending talks over a potential combination that could have created a larger player in investment banking and advisory. The collapse of the negotiations sent Perella shares sharply lower and underscores how difficult it remains for mid-sized Wall Street firms to strike transformative deals in a volatile market.

6 min readRead →

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