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INFRASTRUCTURE INDUSTRIES
Iron ore joins core sector as government revamps indexIron ore has been added to the core sector industries list, expanding it to nine. The government will release a revised Index of Core Indus...
Govt adds iron ore to core sector index taking total components to 9Iron ore has been added to the core sector infrastructure industries list. This inclusion increases the total number of key sectors from ei...
Shyam Steel to invest Rs 15,000 crore in West Bengal expansionShyam Steel Group will invest Rs 15,000 crores in West Bengal's expansion projects. This initiative will create over 20,000 direct and indi...
Global Market: AI chip rally faces valuation test as investors rotate towards hyperscalersAI chipmaker stock rallies are losing momentum as investors reassess valuations. Hyperscaler capital expenditure growth is projected to slo...
Global Market: China eyes faster national infrastructure spending to steady growth amid local investment slumpChina is accelerating national infrastructure projects to boost economic growth this year. This strategy aims to offset reduced local gover...
Power ministry plans grid for data centres as demand surgesThe power ministry is assessing infrastructure readiness for data centres. Internal estimates project significant power demand from these f...
Border infra indispensable in tech-driven warfare: Rajnath SinghDefence Minister Rajnath Singh emphasized border infrastructure's vital role in future warfare. Strategic projects will define India's civi...
Airbus picks Iliad's Scaleway for AI, defence work in sovereignty pushAirbus will use Scaleway's cloud infrastructure for sensitive industrial and defense applications. This partnership supports the deployment...
Supply chain reset puts emerging markets at the heart of critical minerals value chain: ReportCritical minerals demand is growing strongly, creating opportunities for emerging markets. Resource-rich nations can move beyond mining int...
Can America lag China in the AI race? A new threat is cropping upThe pause on data center construction in New York reveals a significant conflict between the accelerating demand for AI and the limitations...
In-principle nod to 2 maritime projects, including Rs 1,570 cr ship repair facility in GujaratTwo strategic maritime projects in Gujarat have received in-principle approval from the shipping ministry. A Rs 1,570-crore ship repair fac...
India well placed to anchor Asia's value chains: FECCGEC East in Singapore focuses on advancing international economic cooperation through dialogue. The forum brings together leaders to discus...
LML Realty to invest Rs 250 cr to develop 45-acre industrial park in HaryanaLML Realty is set to launch a state-of-the-art industrial park in Haryana, with a substantial investment of Rs 250 crore aimed at supportin...
IBM forecasts preliminary Q2 revenue below estimates as spending shifts to AIAccording to the preliminary results, the company expects revenue of $17.2 billion during the quarter, compared with analysts' estimate of...
Mining, construction equipment industry posts 3% rise in domestic sales; exports surge 31.5%The domestic mining and construction equipment sector saw sales exceed 140,000 units last fiscal year. Exports experienced a significant ju...
Capex in mining, construction equipment sectors to hit Rs 10 lakh crore by 2030: ReportCapital expenditure for mining and construction equipment will nearly double by 2030. This growth is driven by accelerated infrastructure p...
Google AI Hub ecosystem in Vizag expands with ₹1,008-crore logistics park, 5,000 new jobsA new logistics and light industrial park will support Google's AI Hub in Visakhapatnam. This Ecobox development represents a significant R...
Grasim shares in focus after subsidiary acquires Solenergi Power from Shell in $1.8 billion dealGrasim Industries' renewable energy arm will acquire Solenergi Power from Shell. This acquisition significantly expands its clean energy po...
ET Graphics: Wall Street cuts AI giants’ paper valuation loopLast week, AI bellwethers including Nvidia, AMD and Intel came under renewed selling pressure, while semiconductor stocks such as Micron, B...
Aditya Birla Group acquires Shell's India renewables energy arm, Sprng Energy, for $1.8bnAditya Birla Group announced acquiring Sprng Energy for $1.8 billion. This significant deal expands the group's renewable energy portfolio ...