Business
Reliance Industries Limited has announced plans to invest $110 billion over the coming years to build sovereign artificial intelligence infrastructure in India. Chairman Mukesh Ambani said the investment will focus on large-scale data centres, high-performance computing capacity, and nationwide digital infrastructure to support AI development. Mukesh Ambani $110bn AI
Business
Zoho founder Sridhar Vembu has raised concerns about brain drain, calling it costly for India, in remarks that included criticism of an Indian-origin adviser associated with the White House. His comments have triggered discussion around talent migration and national innovation priorities. Sridhar Vembu On Brain Drain And Talent Migration Sridhar Vembu said that large-scale
Business
Former Infosys CEO Vishal Sikka has said that the company had begun building an artificial intelligence platform nearly a decade ago, but the initiative did not sustain momentum and is now part of its past. His remarks come amid renewed global focus on AI-driven transformation in the technology sector. Vishal Sikka On Infosys AI Platform […]
Business
The Adani Group plans to invest about $100 billion in artificial intelligence-focused data centre infrastructure over the coming decade, signalling a large expansion of computing capacity to support digital services and advanced technologies in India. Adani AI Data Centre Investment Plan The company aims to build large-scale data centre campuses designed to handle
Business
Venture capitalist Vinod Khosla has said traditional IT services work could decline significantly by the end of the decade as artificial intelligence automates routine software and support functions across industries. Vinod Khosla IT Services Prediction Khosla stated that advances in AI systems capable of writing code, testing software and managing operations may reduce
Business
Nvidia Chief Executive Officer Jensen Huang has cancelled his planned visit to India for an upcoming artificial intelligence summit, according to officials associated with the event. Jensen Huang India AI Summit Cancellation The visit was expected to include participation in discussions on artificial intelligence innovation and collaboration with industry and government
Business Finance
The Indian rupee is projected to weaken toward the 93 per dollar level by the end of 2026 due to capital outflows and rising import costs, according to market assessments. Rupee Outlook 2026 Currency Forecast Analysts expect pressure on the currency as global investment flows shift and domestic demand for foreign exchange increases. Capital movement […]
Business
Ola Electric reported a sharp decline in revenue for the third quarter while its net loss narrowed, reflecting changes in sales volumes and cost adjustments in the electric vehicle segment. Ola Electric Q3 Financial Results The company’s revenue dropped about 57 percent year on year during the quarter. Despite lower income, the net loss reduced […]