NEWS

Tata Electronics plans Rs7,000-cr expansion of Hosur plant

Tata Electronics plans Rs7,000-cr expansion of Hosur plant

10 Jan 2024

Tata Electronics has proposed to invest Rs7,000 crore for expanding production capacity at its Hosur plant. The proposal, which comes after the company’s acquisition of Wistron’s plant in Malur, could include setting up a unit to assemble Apple iPhones.

NTPC-SAIL power invites bids for 15 MW floating solar PV project in Chhattisgarh

NTPC-SAIL power invites bids for 15 MW floating solar PV project in Chhattisgarh

10 Jan 2024

NTPC Limited has invited bids for the development of a 15 MW floating solar photo-voltaic project to be installed over the Maroda Reservoir-1 in Bhilai, Chhattisgarh.

India aims for $5 trillion economy by FY28, eyes $30 trillion by 2047: Finance Minister Sitharaman

India aims for $5 trillion economy by FY28, eyes $30 trillion by 2047: Finance Minister Sitharaman

10 Jan 2024

India’s Finance Minister Nirmala Sitharaman announced optimistic projections for India’s economic future at the Vibrant Gujarat Global Summit.

Adani's big move: Gautam Adani unveils Rs 2 trillion investment plan for Gujarat

Adani's big move: Gautam Adani unveils Rs 2 trillion investment plan for Gujarat

10 Jan 2024

Indian billionaire entrepreneur Gautam Adani revealed plans for a substantial investment exceeding Rs 2 trillion in Gujarat during his address at the Vibrant Gujarat Global Summit.

Paytm plans ₹100 crore investment in GIFT City for AI-driven cross-border remittance

Paytm plans ₹100 crore investment in GIFT City for AI-driven cross-border remittance

10 Jan 2024

Paytm, the leading payments and financial services company owned by One97 Communications Limited (OCL) is set to invest Rs 100 crore in Gujarat International Finance Tec-City (GIFT City) to foster a global financial ecosystem.

JLR sales jump 27% in October-December 23 quarter.

JLR sales jump 27% in October-December 23 quarter.

10 Jan 2024

Jaguar Land Rover, the UK luxury car business of Tata Group, has reported wholesales of 101,943 units in fiscal third quarter ended 31 December 2023,

Accenture Song acquires Work & Co., expanding its digital design capabilities

Accenture Song acquires Work & Co., expanding its digital design capabilities

10 Jan 2024

In a move to boost its digital design and technology portfolio, Accenture Song, the creative services arm of global consulting powerhouse Accenture, has sealed a deal to acquire Work & Co., a prominent digital design and technology agency based in Brooklyn, N.Y.

Tata Group unveils plans for two Taj resorts in Lakshadweep, set to open in 2026

Tata Group unveils plans for two Taj resorts in Lakshadweep, set to open in 2026

09 Jan 2024

In a strategic move, Tata Group’s Indian Hotels Company Limited (IHCL) has announced the development of two Taj-branded resorts in the picturesque Lakshadweep archipelago, poised to open its doors in 2026.

Indian IT giants employ non-compete clauses in junior staff contracts

Indian IT giants employ non-compete clauses in junior staff contracts

09 Jan 2024

In a recent development, major Indian IT companies, including TCS, Infosys, Wipro, HCLTech, and Tech Mahindra, have incorporated non-compete clauses into the contracts of junior employees, spanning from 6 to 12 months.

Exxon Mobil struggles with a $2.5 billion California offshore exit

Exxon Mobil struggles with a $2.5 billion California offshore exit

09 Jan 2024

Exxon Mobil is set to write down approximately $2.5 billion related to its troubled California properties, marking a move to cease offshore oil production in the state after five decades.

India to invest over Rs45,000 cr to develop inland cruise tourism

India to invest over Rs45,000 cr to develop inland cruise tourism

09 Jan 2024

The Inland Waterways Development Council, which held its first meeting in Kolkata, on Monday, committed Rs45,000 crore for the development of River Cruise Tourism in India over the next 23 years ending 2047.

Hewlett-Packard Enterprise in advanced talks to acquire Juniper Networks in $13 billion deal

Hewlett-Packard Enterprise in advanced talks to acquire Juniper Networks in $13 billion deal

09 Jan 2024

Hewlett-Packard Enterprise (HPE) is currently engaged in discussions to acquire Juniper Networks in a deal estimated at approximately $13 billion, as disclosed by sources on Monday, 8 January 2024.