Spending on data centre systems in India to increase 19.1 pc this year
New Delhi, Jan 21 (IANS) Spending on data centre systems in India is expected to increase 19.1 per cent in 2025, nearly doubling its growth rate from 2024, according to latest forecast by Gartner on Tuesday. Software and IT services are major drivers of IT spending growth in India, increasing 16.9 per cent and 11.2 […]
Indian space economy projected to touch $44 bn in next decade: Jitendra Singh
New Delhi, Jan 21 (IANS) In the next 10 years, the Indian space economy is projected to touch $44 billion, said Union Minister of State (independent charge) for Science and Technology Dr. Jitendra Singh on Tuesday. Speaking at an exclusive programme on Sansad TV, the MoS highlighted India’s transformation in the space sector, which began […]
AI to help SEBI process 1,000 IPOs in next 2 years: Madhabi Puri Buch
Mumbai, Jan 21 (IANS) With the possibility of handling up to 1,000 initial public offerings (IPOs) in the next two years, the Securities and Exchange Board of India (SEBI) is adopting artificial intelligence (AI) to make the process of reviewing IPO documents in a faster and more efficient way, its Chairperson Madhabi Puri Buch said […]
WEF 2025: European Commission chief Ursula says top team to visit India to boost ties
Davos, Jan 21 (IANS) European Commission President Ursula von der Leyen said on Tuesday that the first trip of her new team will be to India to boost ties with the world’s largest democracy which has succeeded in lifting millions of people out of poverty. “Together with Prime Minister (Narendra) Modi we want to upgrade […]
Sharing AI’s benefits equitably remains major challenge globally: WEF
Davos, Jan 21 (IANS) While artificial intelligence (AI) has the power to reshape economies and societies, ensuring that its benefits are shared equitably remains a major challenge globally, the World Economic Forum (WEF) said on Tuesday. The Forum released a report, titled ‘Blueprint for Intelligent Economies’ and developed in collaboration with KPMG, at the ongoing […]
Tata Technologies reports Rs 169 crore profit in Q3 FY25
New Delhi, Jan 21 (IANS) Tata Technologies reported a net profit of Rs 169 crore for Q3 of the financial year (FY) 25 on Tuesday. The company’s net profit for the October-December period was slightly lower than the Rs 170 crore reported in the same period last year. However, the profit rose by 7 per […]
Centre unveils Rs 2,000 crore projects to boost capacity at Mumbai’s Jawaharlal Nehru Port
Mumbai, Jan 21 (IANS) Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal, on Tuesday launched multiple projects worth nearly Rs 2,000 crore in order to expand capacity at the Jawaharlal Nehru Port here. The Union Minister also launched one solar-powered boat, two indigenously developed 70T tugs and three fire tenders, boosting the safety and […]
India, Telangana pavilions inaugurated at World Economic Forum
Hyderabad, Jan 21 (IANS) The India Pavilion at the World Economic Forum in Davos was inaugurated jointly by Union Food Processing Minister Chirag Paswan, Union Minister of State (MoS) for Skill Development Jayant Chaudhary, Telangana Chief Minister A. Revanth Reddy, state IT Minister D. Sridhar Babu, and Kerala State Minister for Industries and Law P. […]
Unilever to establish two manufacturing units in Telangana
Hyderabad, Jan 21 (IANS) Unilever, a global leading FMCG player, has agreed to establish two manufacturing units in Telangana. The company will set up a palm oil manufacturing unit in the Kamareddy district. It also agreed to establish a bottle caps-making unit in Telangana. During a meeting with Hein Schumacher, CEO, Unilever in Davos, Chief […]
Skyroot Aerospace plans rocket manufacturing, testing facility in Telangana
Hyderabad, Jan 21 (IANS) Skyroot Aerospace will set up an integrated, private rocket manufacturing, integration and testing facility in Telangana. The company signed a Memorandum of Understanding (MoU) in this regard with the Telangana government on Tuesday on the sidelines of the World Economic Forum summit in Davos. Chief Minister A. Revanth Reddy and IT […]
