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Infosys Intends Strategic Investment in GalaxEye, Focusing on the Space Technology Domain

Infosys Intends Strategic Investment in GalaxEye, Focusing on the Space Technology Domain

The multinational IT services behemoth Infosys announced its intention to invest up to ₹17 crore, or around $2 million, in the space technology firm GalaxEye Space Solutions. The September 20th investment, which is a component of the Infosys...

IT Giant TCS Remains to be the Most Valued Brand in India: Kantar

IT Giant TCS Remains to be the Most Valued Brand in India: Kantar

The 2024 Kantar BrandZ Most Valuable Indian Brands report states that Tata Consultancy Services (TCS), valued at $49.7 billion, is the most valuable brand in India for the third consecutive year. TCS's brand value has increased by 16...

Sharp, a Japanese tech firm, is looking for Indian partners to set up a display factory

Sharp, a Japanese tech firm, is looking for Indian partners to set up a display factory

According to persons with knowledge, Sharp, a Japanese firm sponsored by Foxconn, is aggressively looking for an Indian partner to establish a display fab under the India Semiconductor Mission's (ISM) initiative for display manufacturing...

Govt Approves Joint Venture between NPCIL and NTPC to Pursue Nuclear Power Projects

Govt Approves Joint Venture between NPCIL and NTPC to Pursue Nuclear Power Projects

The government has granted permission to Anushakti Vidhyut Nigam Ltd. (ASHVINI), a joint venture of Nuclear Power Corporation of India Limited (51%), and NTPC Ltd. (49%), to develop, own, and operate nuclear power facilities in India. The...

IMC 2024: India Is Poised to Lead the Global AI Revolution

IMC 2024: India Is Poised to Lead the Global AI Revolution

The government declared that India will be a major player in expanding the use of generative AI (GenAI) and artificial intelligence (AI) to promote social and economic advancement. Dr. Neeraj Mittal, Secretary of the Department of...

Accenture Delays Promotions Worldwide After Refusing Salary Hike to Employees in India for FY 2023

Accenture Delays Promotions Worldwide After Refusing Salary Hike to Employees in India for FY 2023

Accenture Plc is apparently going to postpone the majority of its worker promotions by six months, the latest symptom of a long-term slowdown that has harmed the consultant business. According to Bloomberg, the Dublin-based IT firm informed staff...

BlackRock and Microsoft to Launch USD 30 Billion Fund for AI Infrastructure

BlackRock and Microsoft to Launch USD 30 Billion Fund for AI Infrastructure

Microsoft and BlackRock are working together to establish a fund with a target value of over $30 billion, with an emphasis on energy-related projects and artificial intelligence infrastructure for data centers. AI models, particularly those...

The New Machinery Safety Regulations in India to Affect over 150,000 Firms

The New Machinery Safety Regulations in India to Affect over 150,000 Firms

Industry experts warned that the country's small manufacturers might suffer greatly from new safety regulations for machinery and electrical equipment, which are scheduled to take effect in August 2025. They called for extra time for...

TCS Inks a Deal with McDonald's Philippines to Digitize Operations at 760 Outlets

TCS Inks a Deal with McDonald's Philippines to Digitize Operations at 760 Outlets

Tata Consultancy Services (TCS), India's largest IT services business, announced on Wednesday that it has inked a two-year cooperation with McDonald Philippines to modernize the fast-food chain's infrastructure. The deal's magnitude...

Samir Kumar Appointed as Amazon India Country Manager Following the Exit of Manish Tiwary

Samir Kumar Appointed as Amazon India Country Manager Following the Exit of Manish Tiwary

Amazon's 25-year-veteran Samir Kumar will take over the reins of its India consumer division as the firm goes through a leadership transition following Manish Tiwary's retirement, the retail giant announced in a statement on Wednesday....

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