TCS Targets Full Staff Training in Gen AI Skills: A Leap Towards Future
Tata Consultancy Services (TCS), the largest IT services exporter in India, has announced its ambitious plan to train its entire workforce of over 500,000 software engineers on Generative Artificial Intelligence (AI) skills. This move is aimed at creating one of the world’s largest AI-ready workforce and tapping into the huge potential of Gen AI for […]
Adani Group Increases Ownership in IANS News Agency
AMNL acquires majority stake in IANS AMG Media Networks Limited (AMNL), a wholly owned subsidiary of Adani Enterprises, has increased its stake in IANS India Private Limited (IANS), one of India’s leading news agencies, by subscribing to fresh shares worth Rs 5 crore. The acquisition was announced on Wednesday, January 17, 2024. According to a […]
A New Chapter for Dharavi: Adani Group to Provide 350 sq ft Flats Complete with Kitchen and Toilet in Post-Redevelopment Plan
Dharavi, Asia’s largest slum, is set to undergo a major transformation as the Adani Group has taken up the challenge of redeveloping it in collaboration with the Maharashtra government. The project, which has been delayed for over two decades, aims to provide better living conditions and amenities to the eligible residents of the slum clusters. […]
SECI Awards Adani with Green Hydrogen Electrolyser Facility Project
Adani Enterprises, one of India’s largest conglomerates, has received a major order from the Solar Energy Corporation of India (SECI) to set up an electrolyser facility for green hydrogen production. The order is part of the government’s Production Linked Incentive (PLI) scheme for green hydrogen, which aims to boost domestic manufacturing and reduce dependence on […]
TCPL’s Major Acquisition: Capital Foods and Organic India Jointly Valued at Rs 7,000 Cr”
Tata Consumer Products Ltd (TCPL), the Tata Group’s FMCG arm, has announced to acquire two companies – Capital Foods and Organic India – in separate deals that will expand its product portfolio and addressable market in fast-growing and high-margin categories. Capital Foods: A leading player in instant noodles and sauces Capital Foods is the owner […]
GHCL Textiles Commits Rs 535 Crore Investment in Tamil Nadu: A New Chapter in Textile Industry
Strategic Partnership GHCL Textiles Ltd, a leading manufacturer of various types of yarns, signed a memorandum of understanding with the Government of Tamil Nadu for an investment of Rs 535 crore. This strategic partnership was announced at the Global Investors Meet 2024. Investment Details The investment of Rs 535 crore will be made over the […]
Avalon Technologies and C-DAC Collaborate for Indigenous HPC Servers ‘RUDRA
Strategic Partnership On January 12, 2024, Avalon Technologies Limited, an Electronics Manufacturing Services (EMS) company, announced a strategic partnership with C-DAC (Centre for Development of Advanced Computing), a R&D organization of the Ministry of Electronics and Information Technology (MeitY). This collaboration is set to boost India’s competency in the design, development, and delivery of multidisciplinary […]
Empowering India’s Youth: Reliance Industries’ GET 2024 Online Engineering Recruitment Initiative
Reliance Industries Limited (RIL), India’s largest corporate, has launched the Graduate Engineer Trainee (GET) 2024 Programme, a new online recruitment drive for young engineering talent across India. This programme is designed to democratise opportunities by extending access to world-class training and employment to young engineers from all corners of the country, particularly those from smaller […]
Hindustan Zinc and India Post Payments Bank Collaborate for CSR Beneficiaries’ Financial Inclusion
Transformative Alliance to Empower Rural Rajasthan In a significant move to revolutionize the financial landscape of rural Rajasthan, Hindustan Zinc Limited (HZL) and India Post Payments Bank (IPPB) have entered into a Memorandum of Understanding (MoU) to offer financial inclusion services to CSR beneficiaries. This groundbreaking alliance aims to create a substantial impact on the […]
Potential Nykaa Block Deal: Lexdale International’s Plan to Offload 2.62 Crore Shares
Nykaa, the online retailer of beauty brands, may witness a major block deal on Friday, January 12, 2024, as Lexdale International, one of its investors, is likely to sell 2.62 crore shares of the company, according to sources. The total value of the deal is estimated at ₹490 crore, and the floor price for the […]