CXO XPERTS
Infosys Launches AI and Cybersecurity Centre in Hubballi
Infosys has launched a new Centre for Advanced AI, Cybersecurity, and Space Technology in Hubballi, Karnataka, marking a strategic step in the company's decentralised expansion across tier-2 cities. The facility is part of Infosys Living Labs and aims to serve as both a client delivery unit and a hub for applied research and academic collaboration. Expanding innovation capacity beyond metros
The Hubballi centre reinforces Infosys’ strategy...
RBI Imposes ₹68.1 Lakh Fine on Banks, NBFC for Non-Compliance
The Reserve Bank of India (RBI) has imposed monetary penalties amounting to ₹68.1 lakh on Nainital Bank Ltd and Ujjivan Small Finance Bank for...
GenAI to Boost India’s IT Productivity by 45%: EY
The widespread adoption of Generative AI (GenAI) is expected to increase productivity in India's $254 billion IT industry by 43-45% over the next five...
CBI Seizes ₹1.08 Cr in Crypto Fraud Crackdown
In a major crackdown on cyber fraud, the Central Bureau of Investigation (CBI) has seized ₹1.08 crore in cash, foreign currency, and 252 grams...
Shapoorji Pallonji Eyes $3.3B Private Debt Deal
Shapoorji Pallonji Group is in advanced negotiations with top global private credit funds to secure as much as $3.3 billion in India’s largest-ever local...
Nokia Nears EU Approval for $2.3 Billion Infinera Takeover
Nokia is on track to receive unconditional antitrust approval from the European Union for its proposed $2.3 billion acquisition of Infinera, a U.S.-based optical...
OpenAI BOD Rejects Musk’s $97.4B Buyout Bid
The board of directors at OpenAI has firmly rejected a $97.4 billion buyout offer from Elon Musk and a consortium of investors, reinforcing its...
Banks Rethink Cash Management Amid AGS Transact’s Crisis
Several banks are exploring options to shift their cash management operations away from AGS Transact Technologies, following the company's liquidity crisis that has disrupted...
Karnataka, SISA Sign ₹150 Cr MoU for Cybersecurity Innovation
The Karnataka government has signed a Memorandum of Understanding (MoU) worth ₹150 crore with SISA, a global leader in forensics-driven cybersecurity solutions, to advance...
Zydus, Zhuhai Partner to Market Cancer Drug in US
Zydus Lifesciences announced a major licensing and commercialization agreement with Zhuhai Beihai Biotech Co. to market Beizray (Albumin Solubilized Docetaxel Injection) in the United...
₹99,858 Cr Health Budget to Boost Cancer Care & Treatment Access
Cancer continues to be a growing public health challenge in India. The Indian Council of Medical Research (ICMR) estimated that over 14 lakh new...
Jindal Stainless MD Seeks 25% Import Duty to Curb Dumping
Jindal Stainless Ltd. (JSL) Managing Director Abhyuday Jindal has urged the Indian government to impose a 20-25% import duty on stainless steel to prevent...
DPIIT Partners with Rukam Capital to Strengthen Startups
In a significant move to boost India’s startup ecosystem, the Department for Promotion of Industry and Internal Trade (DPIIT) has joined forces with Rukam...
