Articles for tag: Aims, Boost, Capacity, compute, Crore, Funding, Indias, Innovation, Mission, Partnerships, publicprivate

Market News

India’s AI mission, with Rs 10,372 crore funding, aims to boost compute capacity through public-private partnerships for innovation.

India’s AI mission, with Rs 10,372 crore funding, aims to boost compute capacity through public-private partnerships for innovation.

India’s government is set to enhance its artificial intelligence (AI) capabilities with the India AI mission, which has a budget of Rs 10,372 crores. A significant portion, over Rs 4,500 crores, will focus on increasing “compute capacity” through potential viability gap funding. During a Deloitte India event, Electronics and IT Secretary S Krishnan announced plans ...

Market News

Livpure aims for 1 million water service subscriptions, targeting Rs 900 crore revenue by scaling affordable clean water access.

Livpure aims for 1 million water service subscriptions, targeting Rs 900 crore revenue by scaling affordable clean water access.

Livpure is set to revolutionize access to clean drinking water in India with its innovative water-as-a-service model. The company plans to achieve over one million subscriptions in the next four years, aiming for a revenue of around Rs 900 crore this fiscal year—a growth of 55-60% from last year. Currently, with a customer base of ...

Market News

India’s import tax hike on edible oils aims to support struggling farmers, dramatically impacting global prices amid election pressures.

India’s import tax hike on edible oils aims to support struggling farmers, dramatically impacting global prices amid election pressures.

India has increased import taxes on crude and refined edible oils by 20 percentage points to support local farmers facing low oilseed prices. This decision raises the total import duty on palm oil, soyoil, and sunflower oil to 27.5%, significantly impacting the prices of these oils and potentially reducing demand from overseas. The new duties ...

Market News

Warivo Motor India aims to double revenue with the launch of its high-speed electric scooter, the CRX, targeting significant market expansion.

Warivo Motor India aims to double revenue with the launch of its high-speed electric scooter, the CRX, targeting significant market expansion.

Warivo Motor India, an electric two-wheeler startup, aims to nearly double its revenue to around Rs 120 crore in the current fiscal year. This growth is driven by the launch of their high-speed electric scooter, the CRX, priced at Rs 79,999. Shifting from their earlier focus on low-speed scooters, Warivo’s CRX can reach speeds of ...

Market News

As Haryana’s assembly elections draw near, BJP aims for a hat-trick amid fierce competition from a resurgent Congress party.

As Haryana’s assembly elections draw near, BJP aims for a hat-trick amid fierce competition from a resurgent Congress party.

Polling for Haryana’s 90 assembly seats is scheduled for October 5, 2024, with results to be announced on October 8. Prime Minister Narendra Modi, along with other top leaders like Amit Shah, J P Nadda, and Yogi Adityanath, will be spearheading the BJP’s campaign. The party is determined to achieve a third consecutive term, but ...

Market News

India aims to become a semiconductor powerhouse, targeting 0 billion in electronics by 2030, creating 6 million jobs.

India aims to become a semiconductor powerhouse, targeting $500 billion in electronics by 2030, creating 6 million jobs.

Prime Minister Narendra Modi highlighted India’s growing potential in the semiconductor industry during the Semicon India event in Greater Noida. He announced ambitious plans to expand the country’s electronics sector from its current value of over $150 billion to $500 billion by the end of the decade, which could create around 6 million jobs for ...

Market News

IndiGo Airlines aims for global dominance by 2030, expanding routes and cargo capabilities, while launching a business class by 2025.

IndiGo Airlines aims for global dominance by 2030, expanding routes and cargo capabilities, while launching a business class by 2025.

IndiGo Airlines is planning significant international expansion and improvements in its cargo operations to become a major global player by 2030. CEO Pieter Elbers announced the goal to double the number of international destinations to 40 by March 2025, targeting new markets for Indian travelers. The airline will also launch its business class offering, called ...

Market News

Ather Energy aims to raise Rs 4,500 crore for expansion amidst India’s booming EV market, despite widening losses and fierce competition.

Ather Energy aims to raise Rs 4,500 crore for expansion amidst India’s booming EV market, despite widening losses and fierce competition.

Ather Energy, an Indian electric scooter manufacturer, has filed for a ₹4,500 crore (approximately $536 million) initial public offering (IPO) at a valuation of $2.5 billion. This move comes as the company aims to enhance its presence in the booming electric vehicle Market, following the recent IPO of competitor Ola Electric. From the total offering, ...

Market News

Vedanta’s bold demerger aims to transform asset management into ownership, investing .9 billion to become global industry leaders.

Vedanta’s bold demerger aims to transform asset management into ownership, investing $1.9 billion to become global industry leaders.

Vedanta Ltd is undergoing a major transformation with a proposed demerger of its various business units, which cover over 15 commodities. This strategic move aims to transition the company from asset managers to asset owners, allowing it to create independent companies focused on sectors like aluminium, oil and gas, power, and steel. With 75% approval ...

DeFi Explained: Simple Guide Green Crypto and Sustainability China’s Stock Market Rally and Outlook The Future of NFTs The Rise of AI in Crypto