Articles for category: Business

Market News

Tata’s Chairman N Chandrasekaran reveals a bold transformation towards green energy and AI, amidst job cuts and industry challenges.

Tata’s Chairman N Chandrasekaran reveals a bold transformation towards green energy and AI, amidst job cuts and industry challenges.

N Chandrasekaran, the Chairman of Tata Group, revealed in a recent Financial Times interview that the company is undergoing significant changes to embrace new-age sectors like semiconductors, electronics, and renewable energy. He emphasized that these transitions, although challenging, are essential for preparing the group for the future. Tata Group is enhancing its online offerings and ...

Market News

Union Minister Piyush Goyal unveils BHASKAR, a transformative platform to unify India’s startup ecosystem and empower entrepreneurs.

Union Minister Piyush Goyal unveils BHASKAR, a transformative platform to unify India’s startup ecosystem and empower entrepreneurs.

Union Minister Piyush Goyal recently announced plans to establish a non-profit organization for the Start-Up India program, aiming to unify various initiatives under a single platform. During the launch of the Bharat Startup Knowledge Access Registry (BHASKAR), Goyal highlighted the need for a collaborative space where startups, investors, and government bodies can connect and share ...

Market News

Infosys’ Cobalt platform propels AI adoption, transforming business models, as executives anticipate a surge in GenAI demand.

Infosys’ Cobalt platform propels AI adoption, transforming business models, as executives anticipate a surge in GenAI demand.

Infosys, India’s second-largest IT services provider, is successfully leveraging its Cobalt platform to enhance artificial intelligence (AI) and generative AI (GenAI) initiatives. Launched four years ago, Cobalt helps clients transition to cloud-led digital transformations. Anant Adya, executive vice president at Infosys, explained that Cobalt now supports “grow, disrupt, and transform” projects, shifting from traditional IT ...

Market News

Tata Steel’s Kalinganagar expansion elevates Odisha to the top investment spot, aiming for 40 mtpa capacity by 2030.

Tata Steel’s Kalinganagar expansion elevates Odisha to the top investment spot, aiming for 40 mtpa capacity by 2030.

Tata Steel has announced that after expanding its Kalinganagar plant in Odisha, it will become the company’s largest investment area. With an investment of Rs 27,000 crore for the phase-II expansion, the plant’s capacity will increase from 3 million tonnes per annum to 8 million tonnes. This expansion is crucial for Tata Steel’s goal of ...

Market News

At the RE-INVEST 2024, PM Modi championed India’s ambitious renewable energy goals, highlighting transformative infrastructure and social initiatives over 100 days.

At the RE-INVEST 2024, PM Modi championed India’s ambitious renewable energy goals, highlighting transformative infrastructure and social initiatives over 100 days.

During the 4th Global Renewable Energy Investors Meet and Expo in Gandhinagar on September 16, 2024, Prime Minister Narendra Modi highlighted his government’s achievements in infrastructure and social development over the past 100 days. He discussed plans to construct 7 crore houses and announced initiatives to build new industrial cities and high-speed corridors. Emphasizing India’s ...

Market News

Tata Electronics expands India’s semiconductor manufacturing with new fabs, aiming for a pivotal role in the global chip market.

Tata Electronics expands India’s semiconductor manufacturing with new fabs, aiming for a pivotal role in the global chip market.

Tata Electronics is expanding its semiconductor manufacturing capabilities in India by building two new fabrication plants in Dholera, Gujarat. This move aims to strengthen the domestic chip ecosystem and meet the increasing global demand for semiconductors. The first fab is under construction and set to start production in 2026, focusing on essential chips for various ...

Market News

Xiaomi unveils dramatic Redmi Smart Fire TV 4K series, featuring stunning displays, smart features, and unbeatable prices launching September 18.

Xiaomi unveils dramatic Redmi Smart Fire TV 4K series, featuring stunning displays, smart features, and unbeatable prices launching September 18.

Xiaomi has launched its Redmi Smart Fire TV 4K series in India, featuring two models: a 55-inch and a 43-inch. Both TVs offer vibrant 4K resolution and High Dynamic Range (HDR) for stunning picture quality. Priced at Rs 24,999 for the 43-inch and Rs 35,999 for the 55-inch model, they will be available from September ...

Market News

Reliance Power clinches a groundbreaking 500 MW battery storage contract, revolutionizing India’s renewable energy landscape and setting competitive tariff benchmarks.

Reliance Power clinches a groundbreaking 500 MW battery storage contract, revolutionizing India’s renewable energy landscape and setting competitive tariff benchmarks.

Reliance Power has made a significant move into the renewable energy and storage sector by securing a 500 MW battery storage contract through an auction organized by the Solar Energy Corporation of India. The e-reverse auction, held on September 11, 2024, aims to boost the country’s energy storage capabilities. Reliance Power’s bid features one of ...

Market News

Samsung faces turmoil as 104 striking workers are detained in India, demanding higher wages and union recognition amidst escalating tensions.

Samsung faces turmoil as 104 striking workers are detained in India, demanding higher wages and union recognition amidst escalating tensions.

Samsung is facing significant challenges as 104 workers were detained during a strike at its Chennai plant in southern India. The workers are demanding higher wages and recognition of their union, which is supported by the Centre of Indian Trade Unions. This strike, part of a week-long protest, disrupts production at a facility that contributes ...

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