Tag: India Business
Sarvam AI Startup Programme Fuels Indic AI Builders
Sarvam AI has introduced the Sarvam Startup Programme, providing early-stage companies with up to 12 months of API credits, priority engineering support and production-ready infrastructure to build multilingual AI applications without backend complexities. Founders Vivek Raghavan and Pratyush Kumar positioned the initiative to empower India’s developer ecosystem with high-quality models fluent in 22+ Indian languages and English, enabling full agency in creating voice agents,...
Oracle Layoffs Fund AI Data Centre Push Amid Cash Squeeze
Oracle is planning thousands of job cuts across divisions as it grapples with a cash crunch from aggressive AI data centre buildout to support major clients including a $300 billion OpenAI agreement, xAI and Meta, as Bloomberg News first reported. The reductions, potentially broader than typical rolling cuts, may begin this month and target roles expected to diminish under AI automation, coinciding with an...
AGEL Secures $1.06B for Rajasthan Hybrid Cluster
Adani Green Energy Ltd (AGEL), India’s largest renewable energy company, has successfully refinanced $1.06 billion in construction financing to support the development of India’s...
India’s Retail Market to Hit ₹190 Trillion
India’s retail market is projected to surpass ₹190 trillion by 2034, driven by economic expansion, rising affluence, and evolving consumer preferences, according to a...
Blackstone, Panchshil to Build Largest AI Data Center
Global investment giant Blackstone and real estate firm Panchshil Realty have announced plans to develop India’s largest AI-focused data center campus in Navi Mumbai....
LinkedIn: India’s AI Skills Gap Widens
Generative AI is no longer just a buzzword but a business necessity for Indian organisations. However, despite the push for AI adoption, companies are...
Piyush Goyal Calls for Quality, Competitiveness at Bharat Calling 2025
Union Minister for Commerce and Industry, Shri Piyush Goyal, inaugurated the ‘Bharat Calling Conference 2025’ organized by the IMC Chamber of Commerce and Industry...
Experts Urge India to Reform Clinical Research Regulations
India must revise its clinical trial regulations to capture a larger share of the global clinical research market, taking cues from countries like China...
Infosys Under Fire as Sacked Employees Appeal to PMO
The Prime Minister’s Office (PMO) has received over 100 complaints from former Infosys employees, urging reinstatement and action to prevent future mass dismissals. The...
PwC: Indian Retailers Embrace Tech to Stay Competitive
A recent report by PwC India highlights that 60% of brick-and-mortar retailers believe technology can enhance their competitiveness in a rapidly evolving market. However,...
AI in Healthcare to Add $30B to India’s GDP by 2025
Artificial Intelligence (AI) in healthcare is expected to contribute $30 billion to India’s GDP by 2025, transforming diagnostics, treatment accessibility, and patient outcomes, according...
India’s Private Consumption Reaches $2.1 Trillion: Deloitte, RAI
India’s private consumption has doubled over the past decade, reaching $2.1 trillion in 2024, growing at a 7.2% CAGR, outpacing economies like the US,...
India’s CRDMO Sector Demands Regulatory Relief
India’s contract drug manufacturers are urging the government to streamline regulatory processes and grant faster clearances for vital raw material imports. As global pharmaceutical...
Aviva India Fined $7.5M for Tax Evasion
Aviva India, the local arm of the British insurance giant, has been hit with a $7.5 million penalty after tax authorities uncovered fraudulent tax...
