Mumbai, Feb 19 (UNI) Global logistics company FedEx and Navi Mumbai International Airport (NMIA) began work on FedEx’s 300,000-square feet fully automated air cargo hub at a long-term investment of Rs 2,500 crore, according to an official statement. The facility has been designed as a regional consolidation and redistribution hub to be developed in partnership…
New Delhi, Feb 19 (UNI) Tata Group, Tata Consultancy Services (TCS) and OpenAI on Thursday announced a strategic partnership, that will drive AI-powered innovation, and build 100 megawatts (MW) of AI infrastructure, with an option to scale up to 1 gigawatt (GW). TCS’ HyperVault unit and OpenAI have also agreed to a multi-year partnership to…
New Delhi, Feb 19 (UNI) Mukesh Ambani on Thursday announced that Reliance Industries and its digital arm Jio will invest Rs10 lakh crore over the next seven years to drive India’s artificial intelligence transformation strategy, spanning sovereign compute infrastructure, green energy and AI applications. Addressing the India AI Impact Summit 2026 in the national capital,…
Hyderabad, Feb 18 (UNI) Telangana IT and Industries Minister Duddilla Sridhar Babu on Wednesday said the life sciences sector will play a pivotal role in achieving Telangana’s goal of becoming a USD 3 trillion economy by 2047, underlining the government’s resolve to position the State as a global life sciences powerhouse. Addressing the fireside chat…
New Delhi, Feb 18 (UNI) India is set to contribute an unprecedented USD 26 trillion to the global economy between now and 2047, Commerce and Industry Minister Piyush Goyal said on Wednesday, describing the scale of expansion as “unparalleled in history” and unlikely to be replicated anywhere else in the world. Speaking at the second…
Mumbai, Feb 14 (UNI) The Adani Group has officially announced that it has completed the acquisition of Indamer Technics Pvt Ltd (ITPL) to expand its footprint in the aircraft services and MRO industry. The Adani Group-owned Horizon Aero Solutions Ltd, which is a step-down subsidiary of Adani Enterprises Ltd, has acquired 100 per cen shareholding…
Bhubaneswar, Feb 14 (UNI) National Aluminium Company Limited (NALCO), a Navratna CPSE under the Ministry of Mines, Government of India, has signed a Memorandum of Understanding (MoU) with NLC India Ltd. (NLCIL) to strengthen collaboration in its 1080 MW thermal captive power project and renewable energy development initiatives. The MoU was signed on Saturday in…
Hyderabad, Feb 13 (UNI): Virupaksha Organics Limited, a research and development (R&D) driven Indian pharmaceutical company engaged in the manufacture of active pharmaceutical ingredients (APIs) and intermediates, has received SEBI’s go-ahead to raise Rs. 740 crore through an initial public offering (IPO), an update with the capital markets regulator showed on Friday. The proposed IPO…
New Delhi, Feb 13 (UNI) Indian equity benchmarks witnessed sharp selling pressure in morning trade on Friday, with the BSE Sensex plunging over 800 points and the NSE Nifty falling more than one per cent amid broad-based weakness across sectors. The 30-share BSE Sensex was trading at 82,863.55 at around 11:47 am IST, down 811.38…
Bengaluru, Feb 13 (UNI) Malaysia has set an ambitious target of 2.1 million tourist arrivals from India in 2026, as Tourism Malaysia concluded its Sales Mission 2026 in Bengaluru, reinforcing its engagement with one of South India’s most influential outbound travel markets. The Sales Mission was held on Friday in partnership with the Malaysian Association…
