Articles for tag: Acquisition, Altair Engineering, engineering software, industrial software, Innovation, Siemens, technology sector

Market News

Tata Motors unveils Rs 9,000 crore manufacturing facility in Tamil Nadu, promising 5,000 jobs and a sustainable future in automotive innovation.

Tata Motors unveils Rs 9,000 crore manufacturing facility in Tamil Nadu, promising 5,000 jobs and a sustainable future in automotive innovation.

Tata Motors Group has officially launched a new manufacturing facility in Panapakkam, Tamil Nadu, with an investment of Rs 9,000 crore. This state-of-the-art plant will focus on producing next-generation cars and SUVs for both the Indian and international markets. The facility, designed to have an annual capacity of over 250,000 vehicles, aims to create more ...

Market News

India ascends to 39th in the Global Innovation Index 2024, showcasing its vibrant entrepreneurial spirit and commitment to innovation.

India ascends to 39th in the Global Innovation Index 2024, showcasing its vibrant entrepreneurial spirit and commitment to innovation.

India has made significant strides in the Global Innovation Index (GII), climbing to 39th place among 133 economies in the 2024 rankings, up from 40th last year. Union Minister Piyush Goyal announced this achievement, highlighting the role of India’s innovators and entrepreneurs in driving this progress. The rise is attributed to the country’s strong knowledge ...

Market News

Amrut Distilleries launches Bella, a groundbreaking jaggery-distilled rum, celebrating 75 years of innovation in India’s alcobev industry.

Amrut Distilleries launches Bella, a groundbreaking jaggery-distilled rum, celebrating 75 years of innovation in India’s alcobev industry.

Amrut Distilleries, the Bengaluru-based alcobev leader, has launched Bella, a unique single rum distilled from nutrient-rich jaggery sourced from the Western Ghats and Mandya, Karnataka. This smooth rum has been aged for six years in ex-bourbon barrels, showcasing flavors of coconut, vanilla, and a hint of citrus, culminating in a sweet almond finish. Priced at ...

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

Bluecopa, an AI-driven finance automation platform, raises .8 million for expansion and innovation in financial operations solutions.

Bluecopa, an AI-driven finance automation platform, raises $1.8 million for expansion and innovation in financial operations solutions.

Bluecopa, an AI-powered finance operations automation platform founded in 2021, has successfully raised $1.8 million in a pre-Series A funding round. This investment, led by Blume Ventures, Dallas Venture Capital, and Venture Catalysts, aims to help Bluecopa expand its Market presence, enhance its AI features, and further develop its products. The company specializes in providing ...

Market News

Modi’s Grand Show: Semicon India 2024 in Noida Sparks Traffic Chaos—Is Innovation Worth the Commute?

Prime Minister Narendra Modi is set to inaugurate Semicon India 2024 at the India Expo Mart in Greater Noida on September 11. The event, lasting three days, focuses on the semiconductor ecosystem. In anticipation of the high-profile visit, the Noida Traffic Police have issued a traffic advisory to manage expected disruptions. Drivers are advised to ...

Market News

Tata Electronics partners with ASMPT to revolutionize India’s semiconductor landscape, boosting innovation, training, and sustainability in Assam and Karnataka.

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 ...

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