For HPCL, this marks its first buy of Venezuelan crude. The seller is commodity dealer indwin7 Trafigura, the sources said. The cargo will be shipped on a single very large crude service (VLCC), with IOC lifting round 1.5 million barrels and HPCL taking about 500,000 barrels. India’s state-run refiners have turned to Venezuela for recent crude supplies as they recalibrate sourcing strategies.
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TCS — the most important Indian IT firm and the first and just one to publicly disclose this information up to now — pegs its annualized AI providers income at $1.8 billion. Market leaders Tata Consultancy Providers and Infosys have been integrating generative AI and machine learning into their core enterprise processes and choices. In current years, firms have been making an attempt to insulate their business fashions. With a smaller workforce and more AI, “the timelines of engagements will massively shrink additional, impacting billing,” Yugal Joshi, companion at global analysis agency Everest Group, told Rest of World. Typically, IT providers firms depend on billable hours — charging purchasers for the amount of time spent on tasks.
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The seizure of Aquila II is the most recent in a rising sequence of U.S. interdictions targeting sanctioned tankers. Treasury has previously accused Sunne-controlled tankers of partaking in high-risk transport practices and moving oil priced above the G7’s $60-per-barrel cap. Treasury recognized the vessel as owned by Sunne Co Restricted, an organization sanctioned beneath Govt Order 14024. U.S. officers said the vessel was tracked throughout multiple ocean basins after departing waters close to Venezuela earlier this year.
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