Andhra Pradesh government has allocated 480 acres in Visakhapatnam and Anakapalli districts to Adani Infra for a 1 GW AI Data Centre. Raiden Infotech India, a Google company, is spearheading this massive project, which involves a cumulative investment exceeding Rs…
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Legal-tech firm SpotDraft has appointed Amit Sharma as Chief Financial Officer and Alon Waks as Chief Marketing Officer. These appointments support the company’s accelerated global expansion. SpotDraft is doubling down on scaling operations across the Americas, EMEA, and India. The…
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Fitch Ratings has raised India’s GDP growth forecast for the current fiscal to 7.4%, citing increased consumer spending and improved sentiment boosted by GST reforms. Falling inflation is expected to allow the RBI one more policy rate cut in December…
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IndusInd Bank has firmly refuted speculation surrounding the pursuit of a strategic partnership. The bank clarified that there are currently no negotiations taking place. Previous claims had indicated that Hinduja Group, its major shareholder, was interested in finding a global…
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Brussels is gearing up to scrutinize Meta Platforms with a fresh antitrust investigation. The European Commission is particularly interested in how Meta has woven its AI functionalities into WhatsApp. An official announcement is expected shortly, as regulators delve into the…
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The Indian rupee has reached a new low, trading below 90 against the US dollar. This marks a significant slide for the currency. Foreign investors are continuing to withdraw funds from Indian stocks. The rupee’s decline is impacting exports and…
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