Tag: India economy
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,...
RBI Relaxes Loan Rules for Microfinance and NBFCs
The Reserve Bank of India (RBI) has partially rolled back stricter lending rules for small borrowers and non-bank lenders, following recent policy adjustments aimed...
New Tax Bill Grants Authorities Broad Digital Access
India’s newly proposed Income Tax Bill, 2025, grants sweeping powers to tax authorities, allowing them to access taxpayers’ emails, trading and social media accounts,...
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...
