JPMorgan Chase & Co. is set to include Indian government bonds in its benchmark emerging-market index, a development expected to attract significant foreign investments into India’s debt market. This move reflects India’s increasing allure to global investors due to its robust Continue Reading
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Infosys Ltd, a major Indian IT company, and Nvidia, a US chip maker, have expanded their strategic partnership to enhance generative AI applications and solutions for global enterprises. Infosys will integrate Nvidia’s AI Enterprise ecosystem into its AI-focused services called Infosys Topaz, enabling businesses to easily incorporate generative AI into their Continue Reading
Adani Group has announced a 50:50 joint venture with the Japanese conglomerate Kowa Group to market green hydrogen in Japan, Taiwan, and Hawaii. The billionaire-led Adani conglomerate is committing up to $50 billion over the next decade to establish a comprehensive green hydrogen ecosystem in India, initially producing 1 million tonnes of green hydrogen and […]Continue Reading
SpiceJet and its founder Ajay Singh have lodged an appeal with the Delhi High Court to contest a ruling by a single judge endorsing an arbitration decision that mandates them to reimburse ₹579 crore, plus interest, to media magnate Kalanithi Maran. The appeals were brought before a division bench led by Justices Yashwant Varma and […]Continue Reading
Adani TotalEnergies E-Mobility Limited (ATEL) has announced a partnership with the all-electric cab aggregator Prakriti E-Mobility (Evera) to establish electric vehicle (EV) charging infrastructure. The collaboration will focus on creating a centralized hub of 200 EV charging points in Delhi, with plans to expand across India to promote eco-friendly mobility and meet the Continue Reading
Moody’s Investors Service has reaffirmed India’s credit rating at ‘Baa3’, the lowest investment grade, and maintained a stable outlook. The agency acknowledged the potential for high economic growth in India, which is expected to surpass that of all other G20 economies for at least the next two years, driven by domestic demand. Moody’s also Continue Reading
Indian energy company ONGC Videsh has successfully obtained a three-year extension from Vietnam to continue its exploration activities in ‘Block 128’ situated within the South China Sea. This announcement was made through a post on the social messaging platform X, previously known as Twitter. The disputes over territorial claims in the South China Sea have […]Continue Reading
V P Nandakumar, MD & CEO of Manappuram Finance Ltd Generative Artificial Intelligence is billed as the mother of all disruptions of this century. But a nuanced reading of the global labour market trends by the researchers at the World Economic Forum (WEF) and other centres of excellence suggest that the unfolding AI revolution is […]Continue Reading
The Cabinet has granted its approval for the expansion of the Digital India initiative, allocating a budget of ₹14,903 crore, as announced by Union Minister Ashwini Vaishnaw. The enhanced project aims to build upon the achievements of its previous iteration. During the cabinet meeting, Prime Minister’s endorsement was secured for the Digital India program with […]Continue Reading
Adani Green Energy, the renewable energy firm owned by billionaire Gautam Adani, has set a target of establishing 45 gigawatts (GW) of renewable energy capacity by 2030. This move is aimed at contributing to India’s carbon neutrality goal and reducing emissions. Currently, the company has operational renewable energy capacity of 8.3 GW, with an additional […]Continue Reading