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INFRASTRUCTURE SECTOR
Kalpataru Projects International Limited projects bags new orders worth over Rs 2,000 croreKalpataru Projects International Limited recently revealed its success in securing new contracts amounting to approximately Rs 2,025 crore....
BlackRock, IFM close in on $25 billion Stack data center deal: BloombergGlobal investors have been pouring money into Asia's booming data center sector, driven by rising demand for cloud computing, AI and digita...
SoftBank's growing bets on AI and semiconductor assetsFounder and Chief Executive Masayoshi Son is aiming to establish SoftBank as the world's leading AI platform with investments across the se...
Banks’ biggest risks may now sit inside their tech stack: RBI Deputy Governor Rohit JainRBI Deputy Governor Rohit Jain said technology is no longer merely an enabler for banks but is becoming their “risk architecture”, making t...
Jammu & Kashmir working on establishing Artificial Intelligence centre of excellenceThe Jammu and Kashir government plans to establish an Artificial Intelligence Centre of Excellence. The government said it is promoting AI ...
Make in India shifts focus to deeper manufacturing capabilities, global competitiveness: CIICII said India’s manufacturing sector is shifting from simply expanding capacity to building domestic supply chains, developing technology ...
Meta's Muse rekindles fears over winners and losers as personal AI agent emergesMeta's Muse, the first major consumer product to emerge under Alexandr Wang since he was hired to head its AI efforts last year, has split ...
Financial sector must fund next generation of enterprises, not just next year's growth: P K MishraThe Principal Secretary to the Prime Minister P K Mishra said on Wednesday that the financial sector should move beyond financing near-term...
Steel prices at 4-year high; trend to continue in H2: ReportDomestic steel prices have reached a four-year high, driven by costlier raw materials. Hot rolled and cold rolled coil prices have signific...
Govt pushing for public-private collaboration in data infrastructure, says MoS Commerce Jitin PrasadaThe central government emphasized that it wants both the public and private sectors to collaborate to drive investments, generate employmen...
Rupee rises 13 paise to 95.65 against US dollar in early tradeThe rupee appreciated by thirteen paise against the US dollar during early trading, driven by lower crude oil prices and optimism in the lo...
August core sector growth hits 3-month low as energy sectors lose steamIndia's core sector output growth slowed to 4.8 percent in August. This easing was due to contractions in energy sectors and an unfavorable...
Govt taking steps to build harmonised data infrastructure: MoSPI SecretaryIn a transformative move, India is developing an integrated data framework for enhanced information discovery and application. This process...
Microsoft launches fourth India cloud region in Hyderabad to meet AI demandThe Hyderabad region has three availability zones and is built for AI workloads from day one, adding to Microsoft’s existing cloud regions ...
India, Bangladesh to set up joint task force to promote bilateral tradeIndia and Bangladesh are discussing a joint task force to boost trade. This initiative aims to bring businesses and stakeholders closer tog...
India needs up to Rs 172 trillion infrastructure investment by FY31 to turn demand into financeable projects: NaBFID-BCG ReportIndia needs Rs 168-172 trillion in infrastructure investment through FY31, but Rs 78-80 trillion is yet to enter the announced project pipe...
AI investment, government borrowing drive global cost of capital higher: Goldman SachsGoldman Sachs says the global cost of capital is rising as AI infrastructure spending pushes companies to borrow more while governments als...
Nabfid sanctions Rs 3,000 crore-plus loans to at least four data centres as AI capex accelerates in IndiaNabfid is sanctioning significant loans for India's growing data center infrastructure needs. These facilities support the nation's push fo...
Government seeks long-term funds to boost infrastructure workIndia is grappling with a funding shortfall as long-term liabilities are rapidly decreasing. With bank deposits and debts maturing in less ...
Corrosion costs India’s infrastructure ₹1.42 lakh crore a year: ReportCorrosion costs India's infrastructure sector an estimated ₹1.42 lakh crore each year. Better prevention measures could save approximately ...