October 14, 2026
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Digital payments platform PhonePe said it plans to hire 20,000 additional on-roll sales employees over the next year as it expands its merchant network across smaller towns and villages in India. The Walmart-backed company aims to strengthen digital payment access in underserved rural areas. PhonePe also plans to deploy more than 5 million devices, including […]Continue Reading
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US coffee chain Starbucks plans to establish a global capability centre (GCC) in Chennai, Tamil Nadu, and hire around 800 technology professionals, according to the Tamil Nadu state government. The investment amount has not been disclosed. The centre will support Starbucks’ global operations, with the company citing Chennai’s skilled workforce, lower employee attrition and Continue Reading
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The coal ministry on Monday said the 147 commercial coal blocks auctioned across nine states since 2020 are expected to generate around ₹47,500 crore in annual revenue, attract ₹55,000 crore in capital investment, and create approximately 490,000 jobs. The ministry said revenue from allocated commercial mines, including upfront and premium payments, stood at ₹3,090 crore Continue Reading
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India’s Union Cabinet has approved a major expansion of the country’s semiconductor programme, allocating ₹1.28 trillion ($13.3 billion) to strengthen chip manufacturing, research and development, intellectual property creation, and semiconductor design. The investment will also support the establishment of additional fabrication plants as India accelerates its Continue Reading
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Hero MotoCorp has announced an investment of more than ₹32 billion (around $336 million) in Andhra Pradesh to strengthen its manufacturing, logistics, and electric mobility operations. A key part of the investment includes over ₹7.5 billion for the development of a global parts centre, which will support both domestic and international spare parts distribution while […]Continue Reading
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U.S.-based chipmaker Intel and 3DGS Inc. USA will invest approximately $3.3 billion to establish a semiconductor substrate manufacturing facility in Odisha, marking a significant boost to India’s ambitions of becoming a global semiconductor manufacturing hub. The Indian government announced the project on Friday, highlighting its strategic importance in strengthening the Continue Reading

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