3 Adani Group firms join World Economic Forum’s ‘Industrial Clusters’ initiative
(IANS) In yet another feat for the Adani Group, three portfolio companies -- Adani Enterprises (via its subsidiary Adani New Industries Ltd), Adani Por......
Category : Corporate News
8 in 10 Indians now plan to invest in AI software, seek faster returns
(IANS) Nearly eight in 10 (81 per cent) Indian software buyers plan to increase their investment in AI software over the next year, way ahead...
Hyundai Motor reach 100 mn units in cumulative production globally
Sep 30 (IANS) Hyundai Motor on Monday reached a major milestone of 100 million units in global cumulative production, an achievement accomplished in 57......
India’s gold reserves continue to rise, ETF buying surges
(IANS) India’s gold reserves are increasing at a regular basis and according to experts, bullion is likely to remain supported by safe-haven demand and......
29 Indian startups secure $461 million this week
(IANS) The Indian startup ecosystem continued its growth momentum this week with securing nearly $461 million which included 10 growth-stage deals. At......
Nokia to help Vodafone Idea bolster its 4G and 5G network in India
(IANS) Global technology company Nokia on Saturday announced it has been awarded a three-year deal by Vodafone Idea Limited (VIL) to deploy 4G and 5G...
Prioritising export growth must to reach $500 bn electronics manufacturing by FY30: Industry
(IANS) To achieve the goal of $500 billion local electronics manufacturing by FY30, the industry must prioritise export growth to emerge as one of the......
Retail loans by banks, finance companies in India may triple by 2030
Retail loans by banks and finance companies in India could triple by 2030, driving household leverage to 34 per cent by fiscal year 2031 from...
FPIs infuse over Rs 1.71 lakh crore in India this year to date, IPOs surge: Centre
(IANS) Foreign portfolio investments (FPIs) in India reached Rs 3,39,066 crore in the fiscal year 2023-24, underlining the resilience and attractivenes......
Cisco inaugurates its 1st manufacturing facility in India, eyes $1.3 bn annual revenue
Global networking giant Cisco on Friday inaugurated its first manufacturing facility in India, that will help the company generate more than $1.3 billi......
India likely to add 35-40 MT crude oil refining capacity by FY30
(IANS) India’s oil marketing companies (OMCs) are expected to add 35-40 million tonnes (MTs) of crude oil refining capacity and take the installed base......
Global energy demand to grow 24 per cent by 2050 with oil dominating: OPEC
26 (IANS) Global energy demand will grow 24 per cent by 2050, with oil dominating world markets in need of 120.1 million barrels per day,...
Airtel to crack down spam calls with India’s first AI-powered network tool
(IANS) In a pioneering move to curb the country’s spam menace, Bharti Airtel on Wednesday launched India’s first network-based, AI-powered spam detecti......
AI hardware and software market likely to reach up to $990 billion by 2027
(IANS) The global market for AI-related hardware and software is likely to reach between $780 billion and $990 billion by 2027, growing between 40 per......
Gautam Adani, Bombardier CEO discuss ‘transformative partnerships’ in aviation sector
(IANS) Gautam Adani, Chairman of the Adani Group, has held a high-level meeting with Eric Martel, CEO of Bombardier, and deliberated on “transformative......
Indian economy projected to grow at 7.1 pc in FY25: Moody’s Analytics
The Indian economy is projected to grow faster at 7.1 per cent this fiscal (FY25), Moody’s Analytics said on Tuesday, as the country continues to...
Indian tech startup ecosystem secures $7.6 bn in funding in 9 months, 6 new unicorns
(IANS) India’s tech startup ecosystem secured $7.6 billion funding in the nine months this year, along with witnessing six new unicorns, a massive 500......
500 mn smartphone owners to use digital identity wallet by 2026
(IANS) At least 500 million smartphone users globally will regularly make verifiable claims using a digital identity wallet (DIW) by 2026, a report sai......
Adani Energy, Adani Green join Utilities for Net Zero Alliance to aid India’s Net Zero goal
(IANS) Adani Green Energy Ltd (AGEL) and Adani Energy Solutions Ltd on Tuesday said they have joined the Utilities for Net Zero Alliance (UNEZA) to...
S&P Global Ratings retains India’s GDP growth at 6.8 pc for FY25, cuts China’s forecast
(IANS) S P Global Ratings on Tuesday retained India's growth forecast at 6.8 per cent for the fiscal 2024-25, while reducing China's economic growth by......