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Vijayakumar reports $2bn deals in Services and Software segments HCLTech continues to invest in AI, specifically Generative AI, as well as cloud native capabilities across products and services to address evolving client needs and demand from the United States. “We...

Billet price increase hope flaked away by weakening Chinese demand Imported scrap prices in India have increased by US$10-13/MT but traders are not keen to place orders due to weak demand for finished products and availability of local scrap, according...

Chand emphasizes dedication to sourcing raw materials locally St. Louis-headquartered Belden Inc. (NYSE: BDC) is making a US$40 million expansion at its manufacturing facility in Chakan, Pune, to meet burgeoning demand from India’s industrial, broadcast and enterprise markets that are...

Vaswani adapts proactive-flexible financing strategy in today’s business environment ReNew Energy Global plc (Nasdaq: RNW, RNWWW) is refinancing Non-Convertible Debentures (NCDs) worth Rs.23,910 million that were issued by its subsidiaries in October 2020. These NCDs were issued to India Green...

Devalle works on ensuring operational excellence in Indian market California’s Guidewire (NYSE: GWRE) has appointed Mohammed Anzy as Vice President (VP) of Engineering and the country Managing Director at a pivotal time for growth in the Indian market. “He is...

Albertazzi says India's emergence as APAC data centre hub key reason for third facility Westerville, Ohio-headquartered Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, says the new manufacturing facility at Chakan, Pune, is to meet...

High Commissioner Wong leads Singaporean investors at Global Investors Meet in Chennai Singapore-based companies will invest S$5 billion in Tamil Nadu’s several developing sectors including infrastructure, technology, sustainability and data centres, expanding the prosperous city state’s participation in the southern...

New fundraise will add tailwinds to bring small-businesses for formal economy, says Agrawal Rural-fintech Navadhan of Mumbai says the recently raised Rs.40 crore (US$5 million) will be used to further enhance the company’s AceN tech platform and scale up the...

Siriram says portable OCT is much-needed device for low-resource settings Seattle’s Kubota Vision Inc, a clinical-stage specialty ophthalmology company of Kubota Pharmaceutical Holdings (Tokyo 4596), is providing AUROLAB of Madurai with an exclusive license for product development, manufacturing, and distribution...

Bangalore’s tech companies to work with defence ministry Innovations for Defence Excellence (iDEX), the flagship initiative of the Department of Defence Production, has reached a milestone with the signing of its 300th contract relating to the design and development of...