Nvidia on Tuesday said it has invested $2 billion in semiconductor developer Marvell Technology and announced a partnership to integrate its technologies. "Marvell will provide custom XPUs, while NVIDIA will provide the supporting technology and rack-scale AI compute," the latter said. Both firms will also partner to develop AI infrastructure in the telecommunications sector.

Union Minister Ashwini Vaishnaw on Tuesday said that four semiconductor plants will be ready in the country by 2026. During the inauguration of Kaynes Semicon's OSAT plant in Gujarat, he said the first plant was inaugurated in February, and the third will be inaugurated in July. By 2032 the country will be among the top six semiconductor nations, Vaishnaw added.

UK's Competition and Markets Authority on Tuesday said it will launch an investigation into Microsoft's business software ecosystem in May. The regulator said its market investigation into cloud services found that Microsoft has a position of "significant market power". The investigation could allow the authority to act on "Microsoft’s use of software licensing reducing competition in cloud".

The Finance Ministry on Monday said that 99.92% of villages in the country are covered with banking outlets located within a radius of 5 km. This is based on data uploaded by banks on the geographic information app Jan Dhan Darshak (JDD), the ministry added. Villages in Dadra and Nagar Haveli have a 100% coverage, according to the data.

Netherlands-based Magnum Ice Cream Company has completed its acquisition of a 61.9% majority stake in frozen dessert brand Kwality Wall's. The deal transfers promoter control to Magnum Ice Cream from the Unilever group. "The transaction combines [Magnum's] global brand strength and innovation capabilities with [Kwality Wall's] strong local heritage," Magnum Ice Cream CFO Abhijit Bhattacharya said.

The conflict in West Asia is impacting India’s $860 million condom manufacturing industry, an Indian Express report said. One of the major inputs for condom manufacturing is silicone oil, which is facing a huge shortage, while another key input, ammonia, has seen prices surge by 40–50%, the report added. India's condom industry produces over 400 crore units annually, it said.

Oracle has begun laying off employees globally, including in India. Multiple reports suggest that the company is laying off between 20,000 and 30,000 employees, roughly 18% of its global workforce. Oracle employees on several social media platforms, including Blind, on Tuesday said that many of their coworkers were reportedly locked out of systems and received termination emails around 6 am.

Centre has simplified KYC compliance norms for directors and Limited Liability Partnership. Directors holding a DIN as of 31st March of a financial year shall now be required to file Form DIR-3 KYC Web once every third consecutive financial year, on or before June 30. Meanwhile, Form DIR-3-KYC and DIR-3-KYC-Web have been substituted with single unified Form DIR-3 KYC Web.

ImmunityBio (IBRX) stock rose over 4% pre-market after securing $75 million in non-dilutive financing from Oberland Capital. Separately, Nant Capital converted $25 million of debt into equity. These moves significantly reduce the company's overall debt and reinforce investor confidence in the biotech firm's balance sheet and stability.

Classover Holdings (KIDZ) stock rallied 61% in pre-market trading after the company announced it regained compliance with Nasdaq's minimum bid price requirement. This eliminates uncertainties surrounding its securities trading. Despite the massive surge, retail sentiment on Stocktwits trended in neutral territory at the time of writing.