 "Cognizant reveals plans for a major tech hub in GIFT City, promising 2,000 jobs and boosting India’s financial technology landscape.")
Cognizant, a leading global technology firm, is set to open a new techfin centre in Gujarat International Finance Tec-City (GIFT City) in February 2025. This strategic hub will initially support 500 associates, with plans to increase its workforce to 2,000 within three years. The centre will focus on delivering advanced technology solutions for clients in ...
 "Greenzo Energy secures a major hydrogen project in Tamil Nadu, boosting its order book to Rs 1,200 crore, enhancing India’s green initiatives.")
Greenzo Energy has announced a significant multi-crore hydrogen project in Tamil Nadu, boosting its total order book to Rs 1,200 crore. The contract, awarded by the Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO), entails establishing a hydrogen generation plant capable of producing 20 normal cubic meters of hydrogen per hour. This initiative will take ...
 "Tata Motors unveils a ₹9,000 crore manufacturing facility in Tamil Nadu, promising 5,000 jobs and boosting local economy.")
Tata Motors has officially commenced the construction of a new manufacturing facility in Tamil Nadu with an investment of ₹9,000 crore. This significant project, marked by a foundation stone-laying ceremony attended by Chief Minister M K Stalin and Tata Sons Chairman N Chandrasekaran, is located in Panapakkam, approximately 115 km from Chennai. The facility is ...
 "Accenture announces a billion share buyback as AI demand drives unexpected revenue growth, boosting shares nearly 7%.")
Accenture, the IT services giant, recently announced a significant $4.0 billion share buyback following impressive fourth-quarter revenue results. The company reported earnings of $16.41 billion, slightly beating analysts’ predictions. This growth was largely fueled by increased demand for generative artificial intelligence solutions, which continued to rise for the fourth consecutive quarter. Accenture’s new customer contracts ...
 "India and the US seek agricultural partnership, boosting trade and sustainability amid complex regulatory challenges and burgeoning seafood exports.")
A senior official from ITC emphasized the importance of boosting agricultural productivity and improving food distribution between India and the US during a panel at the Indo-US Economic Summit. Sanjeev Bhat highlighted the growing trade in agricultural products, particularly seafood, rice, and spices, which is seeing a significant yearly increase. With plans for a new ...
 "Despite market volatility, equity mutual funds saw record inflows, boosting investor numbers towards a historic 50 million milestone.")
Equity mutual funds (MFs) in India are experiencing remarkable growth, with inflows reaching Rs 37,113 crore in July, the second-highest monthly total ever. The investor base is expected to surpass 50 million by September, with over 10 million new investors joining in just a year. This surge is fueled by a strong equity Market performance ...
 "KVS Manian begins his challenging tenure as CEO of Federal Bank, tasked with boosting deposits and maintaining sustainable growth.")
KVS Manian has officially started his role as the managing director and CEO of Federal Bank, taking over the position on Monday. With nearly 30 years of banking experience, including a long tenure at Kotak Mahindra Bank, Manian is expected to enhance the bank’s sustainable growth strategy. One of his main challenges will be to ...
 "Union Finance Minister Nirmala Sitharaman announces GST relief for automotive, advertising, data hosting, and exporters, boosting growth and competitiveness.")
The Union Finance Ministry recently provided relief to several industries, including automotive, data hosting services, and advertising agencies that work with foreign clients. One key circular clarified that demo vehicles used by dealers for test drives can still qualify for GST deductions, as they support vehicle sales. Another circular recognized data hosting services provided by ...
 "JSW Energy secures a 600 MW wind-solar project, boosting its capacity to 18.2 GW, while eyeing carbon neutrality by 2050.")
JSW Energy’s subsidiary, JSW Neo Energy, has secured a 600 MW wind-solar hybrid power project from Maharashtra State Electricity Distribution Company (MSEDCL). This new project boosts JSW Energy’s total locked-in generation capacity to 18.2 GW, which includes a hybrid capacity of 3.8 GW. The company aims to increase its installed generation capacity to 10 GW ...
 "Tata Electronics partners with ASMPT to revolutionize India’s semiconductor landscape, boosting innovation, training, and sustainability in Assam and Karnataka.")
Tata Electronics has partnered with ASMPT Singapore to enhance semiconductor assembly and packaging in India, focusing on facilities in Assam and Karnataka. This collaboration includes workforce training, improving service engineering, and advancing research in semiconductor technologies. Tata Electronics is investing Rs 27,000 crore in a chip assembly plant in Assam, set to begin operations next ...
