Business Markets
Foreign Portfolio Investors (FPIs) turned net buyers in the Indian stock market in February, marking a notable shift after months of outflows, with inflows reaching their highest level in over a year. Despite this return of foreign capital, broader market sentiment remained cautious amid persistent volatility. FPIs Turn Net Buyers In February Data from market […]
Industry
Prime Minister Narendra Modi will inaugurate Micron Technology’s semiconductor Assembly, Test and Packaging (ATMP) facility in Sanand, Gujarat, marking a major milestone in India’s push to strengthen domestic semiconductor manufacturing under the India Semiconductor Mission. PM Modi Inaugurates Micron ATMP Facility In Gujarat The Prime Minister is scheduled to formally
Business
Tata Consultancy Services (TCS) is encouraging employees to adopt artificial intelligence tools across operations, even as the technology has the potential to reduce traditional revenue streams, Chief Executive Officer K. Krithivasan said while outlining the company’s long-term strategy. TCS Encourages Employees To Adopt AI Tools Krithivasan said TCS is actively promoting
Business
Prime Minister Narendra Modi has laid the foundation stone for a major semiconductor manufacturing facility being set up by HCL and Foxconn in Uttar Pradesh, marking a significant step in India’s push to strengthen domestic chip production and reduce import dependence. HCL Foxconn Semiconductor Unit In Uttar Pradesh The project, valued at around ₹3,700 crore, […]
Business
Global consulting firm Accenture has tied the use of artificial intelligence tools to performance evaluations for its senior employees, months after announcing significant workforce reductions. The move signals a deeper integration of AI into the company’s operations and leadership expectations. Accenture AI Policy After 11,000 Layoffs Accenture had earlier confirmed plans
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