The interim budget 2024, presented on February 1, set aside INR 1.20 lakh crore for education, which is INR 9,091 crore, or 7.26 per cent, lower than the revised estimate of INR 1,29,718 crore for 2023-24.
The Mumbai-based brand also announced an Employee Stock Ownership Plan (ESOP) liquidity programme, offering INR 50 crore in liquidity to its employees.
In June 2023, the World Bank approved the USD 1.5-billion First Low-Carbon Energy Programmatic Development Policy Operation to accelerate India's development of low-carbon energy.
This strategic investment will help in accelerating technology enhancements, expanding market reach, and ensuring robust infrastructure and customer support for future growth.
The KKR investment aims to support Baby Memorial Hospital to expand its network across India, enhancing accessible healthcare with organic and inorganic growth strategies.
Tamil Nadu is the R&D hub for many OEMs and battery manufacturing companies. Top EV Brands and Battery Manufacturers Came Together for India EV 2024, India's Largest EV Expo & Conference.
Foxconn, the manufacturer of Apple's iPhone is planning to bring manufacturing of artificial intelligence (AI) servers to India, according to a report by the Economic Times.
Britannia Industries has been surpassed by ITC Ltd, to claim the title of India's second-largest listed packaged foods company in terms of sales and therefore achieving a major milestone as reported by The Economic Times. ITC conglomerate is now second only to Nestle in the domestic market.
Bengaluru counts Samsung R&D, Societal impact through Cloud and Artificial Intelligence (SCAI) by Microsoft, Technology Innovation Labs by PayPal, Accenture Innovation Hub, Global Research Facility by Ericsson, AI Horizons Network by IBM, Philips Innovation Campus, Mercedes-Benz Research and Development India (MBRDI), AI @ IISc as its main AI institutions
With this, Delta Exchange claims to have become India's first and only platform to offer Options trading on Bitcoin (BTC), Ethereum (ETH), and more crypto assets
With new developments, employees have a common concern; will AI take their jobs? No, the Indian AI market is expected to hit USD 17 billion by 2027 and will create new jobs but you have to master these skills.
The sustainability sector must focus on three key pillars to propel MSMEs towards their net-zero targets: developing cost-effective green technologies tailored to MSME operations, implementing targeted capacity-building initiatives, and facilitating easier access to green financing options.
The last time Ahmedabad-based EV maker Matter raised USD 10 million was in 2022, with support from Capital 2B Fund 1 and Climate Angels Fund, among other investors.
In this article, we delve into the announcements made by the Sam Altman-helmed startup including API-ban in China, healthtech partnerships and acquisitions