Tag: #sustainability

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,...
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Luxury Brands Must Go Green, Say Experts

The luxury industry must urgently adopt climate-conscious business models to remain resilient in the face of escalating environmental challenges, according to industry experts and...

CCI Approves JSW Neo O2 Power Acquisition

The Competition Commission of India (CCI) has granted approval for JSW Neo Energy Limited’s acquisition of 100% shareholding in O2 Power Midco Holdings Pte....

DPIIT, Mercedes-Benz India Sign MoU

The Department for Promotion of Industry and Internal Trade (DPIIT) has signed a Memorandum of Understanding (MoU) with Mercedes-Benz India to strengthen India’s manufacturing...

AGEL Wins 1,250 MW Hydro Storage Project in UP

Adani Green Energy Ltd (AGEL) has been awarded a 1,250 MW energy storage contract from the Uttar Pradesh Power Corporation Ltd (UPPCL) for a...

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’s E-Recycling Sector to Reach $198.5M by 2032: Ind-Ra Report

India’s e-recycling sector is set to witness significant expansion, projected to grow at a CAGR of 13.52%, reaching a market size of $198.52 million...

Ola Electric Renegotiates Contracts to Cut Costs

Ola Electric is renegotiating agreements with its vehicle registration agencies to lower costs and streamline the registration process. The move is part of the...

Chevron Invests $1B in India for AI-Driven Energy Hub

Energy giant Chevron is making a major $1 billion investment to establish its Engineering and Innovation Excellence Center (ENGINE) in Bengaluru. The new facility...

Mukesh Ambani: AI and Green Energy Key to India’s Future

Reliance Industries Chairman Mukesh Ambani has emphasized that green energy and artificial intelligence (AI) will be central to shaping the future of humanity. Speaking...

WEF Report Calls for Global GovTech Acceleration

The World Economic Forum (WEF) has released a new report in collaboration with Capgemini, highlighting the vast potential of Government Technology (GovTech) to transform...

Suzlon Wins 486 MW Order in Gujarat with Torrent Power

Suzlon Group has announced a significant milestone in collaboration with Torrent Power, securing a 486 MW hybrid renewable energy order in Gujarat. The project...

India Sets Record with 24 GW Solar Capacity in 2024

India achieved a historic milestone in renewable energy in 2024, installing a record-breaking 24.5 gigawatts (GW) of power capacity. This marks the highest annual...