Tag: digital transformation
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...
Meta Secures $29B for AI Data Centre Push
Meta has selected investment firms PIMCO and Blue Owl Capital to spearhead a $29 billion funding deal aimed at expanding its AI-focused data centre footprint in the United States. The financing will support major infrastructure projects in rural Louisiana and forms part of the company’s larger AI co-development strategy. $26B debt from PIMCO, $3B equity from Blue Owl
According to a source familiar with the matter,...
PwC: Indian Retailers Embrace Tech to Stay Competitive
A recent report by PwC India highlights that 60% of brick-and-mortar retailers believe technology can enhance their competitiveness in a rapidly evolving market. However,...
India’s GCC Sector to Hit $105 Billion by 2030
India’s Global Capability Centers (GCC) are projected to grow to $105 billion by 2030, employing over 2.8 million professionals, further solidifying the country’s position...
India Leads AI Adoption and Governance, Says Sitharaman
India is not just a frontrunner in Artificial Intelligence (AI) adoption but is also actively shaping global AI governance, Union Minister of Finance and...
Sonoco Opens Hyderabad GCC with $10M for IT Expansion
Sonoco Products Company, a global leader in sustainable packaging, has inaugurated its Global Capability Center (GCC) in Hyderabad, marking a major milestone in its...
India Allocates â‚ą10,000 Cr for AI and LLM Development
India is making significant strides toward developing its own large language model (LLM), with the government allocating â‚ą10,000 crore under its AI mission. This...
36% of Indian Enterprises Budget for GenAI: EY Report
A recent survey conducted by multinational professional services firm Ernst & Young (EY) revealed that 36% of enterprises in India have started budgeting and...
IRDAI Sets April Launch for Bima Vahak Initiative
The Insurance Regulatory and Development Authority of India (IRDAI) has announced that the Bima Vahak initiative, a women-centric insurance field force, will have a...
Microsoft Expands in Hyderabad, Invests â‚ą15,000 Cr in AI
Telangana Chief Minister A Revanth Reddy, alongside IT and Industries Minister D Sridhar Babu, inaugurated a new Microsoft campus in Hyderabad on Thursday. The...
E-commerce Fuels Growth in Rural India
India's e-commerce sector has been undergoing a major transformation, driven by the proliferation of smartphones, increased internet penetration, and government-backed initiatives like Digital India...
EPFO Settles Record 5 Cr Claims in FY25
The Employees' Provident Fund Organisation (EPFO) has achieved a significant milestone by settling over 5.08 crore claims worth â‚ą2,05,932.49 crore in the ongoing FY25,...
