India is investment destination of the decade

New Delhi (IANS) With longstanding trends of a solid economic growth, young demographics, urbanisation and the rise of an aspirational middle class, India stands out as one big shining star in the global economy, HSBC said in a report.

New…

Telecom connectivity to get hampered in Lutyens' Delhi due to new NDMC policy: DIPA

New Delhi (IANS) The Digital Infrastructure Providers Association (DIPA) on Saturday strongly opposed the latest New Delhi Municipal Council (NDMC) policy, saying it will hamper the quality of telecom connectivity due to the restrictions imposed on…

Rs 100 cr TCS job scam can lead to HR cleanup in major IT companies

Chennai (IANS) The reported over 'Rs 100 crore' bribe for jobs scam uncovered in the Tata Consultancy Services Ltd (TCS) not only impacts its reputation, it would also have an Indian IT industry-wide impact and some cleanup has to happen,…

Amazon CEO says committed to invest $26 bn in India by 2030

Washington (IANS) E-commerce giant Amazon CEO Andy Jassy on Saturday said that the company is committed to invest $26 billion in India by 2030, after he met Prime Minister Narendra Modi here.

Amazon has invested about $11 billion in India so…

Higher retail inflation has hit personal consumption expenditure: RBI bulletin

New Delhi (IANS) The Reserve Bank of India (RBI) has said that higher retail inflation has impacted personal consumption expenditure.

In its monthly bulletin for June 2023, released on Friday, it observed on the basis of national accounts data…

AdaniConneX seals largest data centre financing deal in India with $213mn construction financing facility

New Delhi (IANS) Adani ConneX achieved financial closure through its maiden construction facility by entering into Financing Framework, raising $213 million for its under-construction data centre asset portfolio.

The tied-up facility will finance…

Micron to set up $2.75 bn semiconductor assembly, test facility in India

Bengaluru (IANS) Micron Technology on Thursday announced to set up a new $2.75 billion semiconductor assembly and test facility in Gujarat, a day after Prime Minister Narendra Modi met Sanjay Mehrotra, the Indian-American President and CEO of Micron,…

India's largest private rail coach factory opens in Telangana

Hyderabad (IANS) India's largest private rail coach factory was inaugurated at Kondakal village in Rangareddy district near Hyderabad on Thursday.

Chief Minister K. Chandrsekhar Rao inaugurated the facility built by Medha Servo Drives Private…

Infosys launches certification in AI & Generative AI skills

Bengaluru (IANS) Infosys on Thursday announced to launch a free artificial intelligence (AI) certification training which will help learners make a conscious choice in building their careers and develop future-ready skillsets.

The certification…

TCS bags $1.1 bn deal to digitally transform UK's Employment Savings Trust

New Delhi (IANS) Tata Consultancy Services (TCS) and National Employment Savings Trust (Nest), the UK's largest workplace pension scheme, on Wednesday, announced the expansion of their long-standing partnership in a 840 million pounds ($1.1 billion)…