For a moment, the 50-yard line at Levi’s Stadium in Santa Clara, California, was the media capital of the world. As the San Francisco 49ers were warming up for a Sept. 21 game against the Arizona Cardinals, NFL commissioner Roger Goodell…
NEW DELHI and MUMBAI and ARMONK, N.Y., Oct. 15, 2025 /PRNewswire/ — Bharti Airtel, one of India’s leading telecommunications service providers has entered into a strategic partnership with IBM (NYSE: IBM) to augment its recently launched Airtel Cloud. The partnership is expected to bring together the telco-grade reliability, high security, and data residency of Airtel Cloud with IBM’s leadership in cloud solutions, and advanced infrastructure and software technologies designed for AI inferencing.
Together, Airtel and IBM will aim to enable enterprises in regulated industries to scale AI workloads more efficiently, delivering interoperability across infrastructure including on-premise, in the cloud, across multiple clouds and at the edge.
In the photo standing Left to Right: Hans Dekkers, GM, APAC, IBM; Jagat Killawala, Member Managing Committee & Executive Committee and Chairman IT, NMIMS; Jayanta Banerjee, CIO, Tata Steel; Jayen Mehta, MD, Amul; Dinesh Nirmal, SVP, Software Products, IBM; Sandip Patel, MD, IBM India & South Asia
Through this partnership, Airtel Cloud customers will be able to deploy the IBM Power systems portfolio as-a-Service, including the latest-generation IBM Power11 autonomous, AI-ready servers for mission-critical applications in regulated industries like banking, healthcare, government and others. The Power11 hybrid platform will also support critical enterprise workloads including IBM Power AIX, IBM i, Linux and SAP Cloud ERP. Additionally, this partnership will help enable SAP customers on IBM Power with their enterprise resource planning transformation to SAP Cloud ERP on IBM Power Virtual Server.
Gopal Vittal, Vice Chairman & Managing Director, Bharti Airtel, said, “Airtel Cloud is designed to be highly secure and compliant, setting new industry benchmarks as an agile and resilient cloud platform. Today, with the IBM partnership, we are adding substantial capabilities to our Cloud platform to address the unique needs of several industries that require migration from IBM Power systems and allow for AI readiness. With this partnership, we are also extending the footprint of our availability zones in India from four to ten, hosting these on our own next-gen sustainable data centers. We will, together, also establish two new Multizone Regions (MZRs) in Mumbai and Chennai soon.”
Rob Thomas, SVP and Chief Commercial Officer, IBM, said, “Enterprises today need to balance modernization with the growing regulated technology and AI requirements. Through our partnership with Bharti Airtel, clients across India can leverage IBM’s innovative cloud offerings designed for workloads that address their strategic business priorities. Together, we will help clients drive true transformation in the era of AI.”
With IBM’s software stack for AI inferencing, built on IBM watsonx and Red Hat OpenShift AI, clients in India will have the ability to run AI inference across hybrid cloud environments. These capabilities are coupled with IBM’s enterprise-grade cloud platform with innovative IaaS and PaaS offerings, as well as IBM’s automation portfolio designed for accelerating the impact of generative AI in core enterprise workflows to drive productivity. Customers will be able to access Red Hat’s hybrid cloud solutions including Red Hat OpenShift Virtualization, Red Hat OpenShift and Red Hat AI. Beyond these capabilities, IBM’s hybrid cloud architecture is designed to help clients enable future innovation in AI and quantum computing.
Airtel Multizone Regions will help Indian enterprises strengthen their resilience, address data residency requirements and keep mission-critical workloads and applications up and running at all times. Together, the Airtel and IBM partnership will enable Indian enterprises to accelerate digital innovation at scale.
Statements regarding IBM’s future direction and intent are subject to change or withdrawal without notice and represent goals and objectives only.
About Bharti Airtel
Headquartered in India, Airtel is a global communications solutions provider with over 600 million customers in 15 countries across India and Africa. The company also has its presence in Bangladesh and Sri Lanka through its associate entities. The company ranks amongst the top three mobile operators globally and its networks cover over two billion people. Airtel is India’s largest integrated communications solutions provider and the second largest mobile operator in Africa. Airtel’s retail portfolio includes high-speed 4G/5G mobile, Wi-Fi (FTTH+ FWA) that promises speeds up to 1 Gbps with convergence across linear and on-demand entertainment, video streaming services, digital payments and financial services. For enterprise customers, Airtel offers a gamut of solutions that includes secure connectivity, cloud and data centre services, cyber security, IoT, and cloud-based communication. Airtel’s digital arm – Xtelify, empowers telcos globally to leverage the power of AI, data and technology to accelerate their digital transformation and drive growth. Xtelify also offers Airtel Cloud in India enabling enterprises with a sovereign, telco-grade cloud platform that guarantees secure migration, effortless scaling, lower costs and no vendor lock-ins. Within its diversified portfolio, Airtel also offers passive infrastructure services through its subsidiary Indus Tower Ltd. For more details visit www.airtel.com.
About IBM
IBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Thousands of government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM’s long-standing commitment to trust, transparency, responsibility, inclusivity and service. Visit www.ibm.com and www.ibm.com/cloud for more information.
Shein has reported a 20% rise in global revenues to $37bn (£27.7bn) but profits have fallen as the fast-fashion retailer faced increased costs, even before it felt the impact of recent changes to US tax laws.
The Singaporean parent company of the rapidly growing retailer said pre-tax profits had fallen by 13% to $1.5bn last year from $1.3bn in 2023 after an increase in selling and marketing costs, according to new accounts.
Shein is thought to be trying to list on the Hong Kong stock exchange after efforts to list in the US and UK for an estimated £50bn valuation went awry.
The China-founded online seller warned that changes to US tariff policies since April this year and their “frequent evolution” had “increased the level of uncertainties in the global economy”.
“The ongoing evolution of trade policies continues to introduce complexities for businesses that may affect the group’s and the company’s future financial condition and operations,” it warned.
Shein, which makes its revenues from selling goods and from fees on marketplace sellers, is thought to have taken a big hit to trade in the US this year after Donald Trump’s administration closed a loophole which allowed goods worth less than $800 being imported and sent directly to shoppers without certain checks and duty.
The de minimis exemption, which had been in place since 1938, was intended to foster growth for importers of small goods, latterly including e-commerce marketplaces. However, the exemption had been criticised for enabling the rapid growth of cheap imports from China via Shein and Temu.
Income tax paid by the group remained steady at about $188m although that included $6.1m deferred and adjusted tax relating to prior years.
Shein’s UK arm has been accused of transferring the “vast bulk of income” to its Singaporean parentto cut its British tax bill.
The company paid £9.6m in corporation tax in the UK despite making £2bn in sales last year.
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Paul Monaghan at the Fair Tax Foundation said: “It’s still the case that Shein aggressively avoids tax, facilitated by a chain of companies in Singapore, the British Virgin Islands and the Cayman Islands.
“The move of its headquarters to Singapore has seen profits taxed at 5%-8% over the past four years, with tax relief relocation perks benefiting them by US$74.4m in Singapore in 2024 alone.”
The company paid no dividend in 2024 after a $484.5m payout in 2023.
Shein said in a statement: “The claim that Shein is avoiding tax is wholly false. Like any other international company, Shein pays all applicable taxes, including, but not limited to, VAT, corporate tax, and labour taxes, as required, and operates in compliance with the relevant laws and regulations of every market where we operate.”
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HOLLYWOOD, Calif., Oct. 15, 2025 /PRNewswire/ — Gretsch today announces the launch of the Electromatic and Streamliner Jet: two new guitar lines crafted…
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Houston, TX – October 15, 2025 – Halliburton (NYSE: HAL) announced today that Petrobras awarded multiple contracts to provide vessel stimulation, intelligent completions, and safety valves in Brazil’s deepwater fields after a competitive process.
Halliburton’s engineered stimulation solutions strengthen the collaboration with Petrobras. These awards demonstrate our longstanding relationship in Brazil and support our global strategy to improve asset value and safety through our completions services.
In the Búzios field, Halliburton will deploy its SmartWell® intelligent completion technology to enable real-time reservoir management and actionable insights to optimize production. For the Séepia and Atapu fields, Halliburton will provide EcoStar® electric tubing retrievable safety valves (eTRSV) to improve the safety and efficiency of this project.
Additionally, Halliburton’s Stim Star Brasil, tailored for Petrobras activity, will deliver stimulation services that focus on reservoir productivity and improve asset performance.
These contracts are expected to begin in 2026 and highlight Halliburton’s expertise in completions and its focus on delivering comprehensive solutions tailored for challenging offshore operations. Through its long-standing collaboration with Petrobras, Halliburton plays an important role in the advancement of Brazil’s offshore oil and gas industry and contributes to the nation’s economy.
About Halliburton
Halliburton is one of the world’s leading providers of products and services to the energy industry. Founded in 1919, we create innovative technologies, products, and services that help our customers maximize their value throughout the life cycle of an asset and advance a sustainable energy future. Connect with us on LinkedIn, YouTube, Instagram, and Facebook.
For Investors: David Coleman investors@halliburton.com 281-871-2688
For Media Relations: Alexandra Franceschi PR@halliburton.com 281-871-3602
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