Tag: Financial Inclusion
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,...
India’s Private Consumption Reaches $2.1 Trillion: Deloitte, RAI
India’s private consumption has doubled over the past decade, reaching $2.1 trillion in 2024, growing at a 7.2% CAGR, outpacing economies like the US,...
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...
Women, SC/ST Entrepreneurs to Benefit from ₹2 Crore Loans
The Union Budget 2025 introduces targeted reforms to bolster economic opportunities for women and Scheduled Caste (SC) and Scheduled Tribe (ST) entrepreneurs. Announced by...
