October 2, 2026
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Tag : Amazon

Technology

Amazon sets $48B India investment plan through 2030

omandailynews.com
Amazon CEO Andy Jassy met Indian Prime Minister Narendra Modi in New Delhi and announced plans to invest $48 billion in India from 2026 to 2030. The plan includes an additional $13 billion for artificial intelligence and cloud infrastructure. The...
Business

Modi unveils 2047 tax holiday to grow India data centres

omandailynews.com
MENA Newswire, NEW DELHI: India’s government has proposed a tax holiday through 2047 for foreign companies that provide cloud services to customers worldwide while running those workloads using data centre services based in India, a long-horizon incentive unveiled in the Union Budget...
Business

Tech stocks lift Wall Street amid trade deal uncertainty

omandailynews.com
U.S. stocks posted strong gains on Thursday, driven by a rally in technology shares, even as uncertainty continued over potential progress in trade negotiations between the United States and China. The benchmark S&P 500 rose 1.4%, while the Nasdaq Composite...