Tata Power Grants Local Suppliers with Contracts Worth 11,000 Crores

Tata Power Grants Local Suppliers with Contracts Worth 11,000 Crores

According to an official, local suppliers and contractors have been given contracts worth Rs 11,481 crore by Tata Power-led Odisha Discoms. Over the course of the last three years since taking over the state's electricity distribution...

Reliance Hopes to Strike Third Time Luck in Quick Commerce

Reliance Hopes to Strike Third Time Luck in Quick Commerce

Despite initial setbacks in the q-commerce industry, Reliance Retail, the country's largest organized retailer, has not abandoned its objectives. The retailer, which has over 19,000 outlets throughout the nation, has commenced trial or pilot...

Reliance Infra Aims to Manufacture Electric Vehicles, Taps an ex-BYD Executive

Reliance Infra Aims to Manufacture Electric Vehicles, Taps an ex-BYD Executive

Reliance Infrastructure is contemplating plans to manufacture electric cars and batteries and has engaged a former India executive at China's BYD Co to assist on its ambitions. The firm, which is part of Anil Ambani's Reliance Group,...

Indian Exporters Hope to Benefit as International Apparal Brands Avoid Bangladesh

Indian Exporters Hope to Benefit as International Apparal Brands Avoid Bangladesh

The Indian textile and apparel sector is reaping financial benefits from the political turmoil in Bangladesh. Indian textile firms are getting billions of dollars in new orders from major western clients Bangladesh is a major player in the...

Tower-Adani Joint Venture to Establish $10 billion Semiconductor Facility in Maharashtra

Tower-Adani Joint Venture to Establish $10 billion Semiconductor Facility in Maharashtra

Maharashtra Cabinet committee approved an investment proposal of Rs 83,947 crore ($10 billion) for a joint venture (JV) between Tower Semiconductor and the Adani group. According to the state's Deputy Chief Minister Devendra Fadnavis on social...

Karnataka is asked by the center to investigate Infosys for its employee onboarding delays

Karnataka is asked by the center to investigate Infosys for its employee onboarding delays

The Karnataka Labour Department has been instructed by the Union Labour Ministry to investigate the alleged "exploitation of young IT graduates" by Infosys Ltd., a Bengaluru-based IT behemoth. The problem concerns around 2,500 workers...

OpenAI Co-founder, Ilya Sutskever, has raised $1 billion for his new enterprise, Safe Superintelligence

OpenAI Co-founder, Ilya Sutskever, has raised $1 billion for his new enterprise, Safe Superintelligence

Safe Superintelligence (SSI), a newly created AI startup co-founded by Ilya Sutskever, OpenAI's former head scientist, has received a staggering $1 billion in investment to promote the creation of safe artificial intelligence systems that...

Intel, Cisco, IBM, and Apple Laid Off over 27,000 Jobs in August

Intel, Cisco, IBM, and Apple Laid Off over 27,000 Jobs in August

In August 2024, more than 27,000 employees from over 40 organizations, including large names like Intel, IBM, and Cisco, announced layoffs. By 2024, 422 organizations will have laid off almost 136,000 IT professionals. Here's an overview of...

Telangana Govt and Nazara Technologies Joins Hand to Establish AI Center of Excellence

Telangana Govt and Nazara Technologies Joins Hand to Establish AI Center of Excellence

On September 5, Nazara Technologies announced that it has inked a memorandum of understanding (MoU) with the Telangana government to establish an artificial intelligence center of excellence with a focus on gaming and digital entertainment....

India and Singapore ink MoUs on semiconductors and digital technology

India and Singapore ink MoUs on semiconductors and digital technology

India and Singapore inked crucial Memorandums of Understanding (MoUs) on Wednesday in the domains of digital technology, semiconductors, health cooperation, and skill development, cementing their partnership. The agreements were made during...

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