Investment

Gutmann to help customers protect mission critical SaaS data OwnBackup, a leading cloud to cloud data protection provider from New Jersey, has acquired Santa Clara-based Nimmetry which has a significant presence in Hyderabad to enter the Indian market for access...

Business Confidence Survey reports sharp deterioration in the optimism India's economy grew by 1.6% in the fourth quarter of 2020-21 though it contracted by 7.3% for the full financial year while the second wave of COVID-19 infection has impacted prospects...

Investment: 46 applications with committed Rs.5,355.44 crore The Government has approved a Production Linked Incentive (PLI) Scheme for promotion of domestic manufacturing by setting up greenfield plants with minimum domestic value addition in four different Target Segments (In Two Fermentation...

AUSIS enables Underwriting Transformation for Life and Health Insurance As the insurance industry undergoes a mammoth shift, the effects are being felt across every major process while companies have made large-scale investments in modernizing and evolving claims and processing platforms,...

China proposes AI+HPC+5G-based digital twin platforms at Working Group meeting India will share the concept note on deep technology in areas of healthcare, agriculture, and education amongst startups in BRICS. India gave the assurance during Fifth BRICS Working Group meeting...

Capt. Mishra assures of land availability in Odisha Odisha state needs to focus on IT and electronics industries for further development, said Capt Dibya Shankar Mishra, the State's Minister of Energy, Industries and MSMEs. "If the state has to aim...

Advances in IoT-AI offer a ray of hope of mining sector India needs to invest in research and applications of Internet of Things (IoT) and Artificial Intelligence (AI) for mining sector as these technologies will be cost-saving leading to more...

Rental rates for aged and outdated buildings are 10% to 40% lower than up-to-date properties Upgrading buildings that are more than a decade old, sans the latest facilities that newer buildings offer, in India's top seven markets offers an estimated...

India joins the league of limited global engine developers The Defence Research and Development Organisation (DRDO) has established the near isothermal forging technology to produce all the five stages of high-pressure compressors (HPC) discs out of difficult-to-deform titanium alloy using...

Sumitomo given approval for indirect acquisition in wiring business Sumitomo Wiring Systems Limited (SWS), involved as an indirect acquirer, has received approval for the intra-group reorganization of the Motherson Group from the Competition Commission of India (CCI) under Green Channel...