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HCL to set up Rs 14,257 cr AI Data Centre in Odisha

This investment will boost India’s sovereign AI play and local developer ecosystem by leveraging HCLTech’s full-stack AI capabilities and Sarvam’s foundation models to offer...

HCL to set up Global Technology Centre in Bhubaneswar

The Technology Centre will complement HCLTech’s proposed AI Data Center in the upcoming Odisha Sovereign AI Park. The Technology Center will house 5,000 people...

Ashiss Kumar Dash to succeed Parekh as Infosys CEO

The move follows Parekh’s completion of second term, after over nine years. Dash is currently the global head of a diverse business portfolio comprising multiple...

Vedanta Vice Chairman’s critical minerals venture to build facility in AP

The land has been secured along with state government incentives. Phase I involves an investment of approximately Rs 1,250 crore to establish an initial...

SBI Funds Management makes softer debut

The shares of India’s largest asset management company, listed at Rs 613.30 on BSE, when compared to Rs 574. The initial public offering comprised of...

Maruti to hike prices

For the past few months, the company has been making continuous efforts to mitigate the cost impact to the extent possible through cost reduction...

Hero MotoCorp enters Germany

The company will introduce its Euro 5+ compliant product portfolio, led by the XPulse 200 4V series at 2990 euros, according to a statement. "Germany...

Elgi Equipments gets Rs 25.6 crore tariff refund

Elgi Compressors USA INC, has received a tariff refund from U.S. Customs and Border Protection (CBP) amounting to USD 2.68 million, equivalent to about...

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HDFC MD Sashidhar Jagdishan not to seek another term

In its meeting held on Saturday, HDFC board of...

FM Sitharaman woos foreign investments

A key focus of the meeting was “Manufacture in...

Ather launches Konarc priced at Rs 99,999

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Inflation running above target: Fed Chair

On the price-stability side of our mandate, the numbers...

Jio IPO gets SEBI nod

On 19 June, Jio had filed for its Draft...