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Alibaba reveals more powerful Zhenwu AI chip, new LLM

TazaPulseMay 20, 2026
An Alibaba logo is displayed at the company’s booth at China International Fair for Trade in Services (CIFTIS) in Beijing, China, Sept. 10, 2025. Maxim Shemetov | Reuters CHONGQING, China — Alibaba announced Wednesday its new artificial intelligence chip would be three times as powerful as its predecessor, as rival Nvidia struggles to get its...
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BPCL Q4 profit flat, FY26 net soars 75%

TazaPulseMay 20, 2026
NEW DELHI: State-owned Bharat Petroleum Corporation (BPCL) reported a flat net profit in Q4FY26 after taking an impairment loss of Rs 4,349 crore on its upstream assets. It’s net profit in Q4 was Rs 3,191.5 crore compared with Rs 3,214.1 crore in the year-ago period. For FY26, its net profit soared 75% YoY to Rs...
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Rupee slides to new low of 96.53 vs dollar

TazaPulseMay 20, 2026
MUMBAI: The rupee weakened to a record closing low of 96.53 against the dollar on Tuesday, marking its sixth consecutive session of decline, as sustained high crude oil prices and adverse global cues weighed on the currency. The local unit closed 18 paise lower compared to 96.35 in the previous session, after touching an intraday...
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What’s slowing the pipeline expansion

TazaPulseMay 20, 2026
India’s big piped natural gas (PNG) push seems to be running into a few roadblocks along the way. City gas distribution (CGD) companies are currently managing to add only 8,000-10,000 new connections a day, far short of petroleum and natural gas ministry’s ambitious target of 100,000 daily connections.Executives in the sector said the rollout is...
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IBC recovery crosses Rs 4.11 lakh crore, over 8,800 insolvency cases admitted

TazaPulseMay 20, 2026
More than 8,800 Corporate Insolvency Resolution Processes (CIRPs) had been admitted under the Insolvency and Bankruptcy Code (IBC) till December 2025, with creditors realising over Rs 4.11 lakh crore through approved resolution plans, Financial Services Secretary M Nagaraju said on Tuesday, PTI reported.More than 4,000 corporate debtors have also been rescued through resolution, settlements, withdrawals...
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