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Tag: Investment

Mumbai Police Launch AI Crime Forecasting Tool

In a pioneering collaboration, the Mumbai Police and K J Somaiya Institute of Technology have developed a suite of AI-based tools aimed at boosting law enforcement effectiveness. These advanced systems—focused on crime forecasting and charge sheet digitisation—are being deployed across the eastern region of Mumbai, covering 18 police stations and more than 600 officers in Zones 6 (Mulund to Ghatkopar) and 7 (Shivaji Nagar...

CCI Approves Aster-QCIL Healthcare Merger

The Competition Commission of India (CCI) has officially approved the proposed transaction involving a strategic merger between Aster DM Healthcare, Quality Care India Limited (QCIL), and investment entities BCP Asia and Centella Mauritius Holdings. The deal marks a significant consolidation move in India's healthcare sector. Details of the Transaction The transaction includes the merger of QCIL into Aster DM Healthcare by way of a scheme of...
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Temasek Acquires 10% Stake in Haldiram’s for $1B

Singapore’s state investment firm Temasek has acquired a nearly 10% stake in Haldiram’s, one of India’s most well-known snack brands, for $1 billion, valuing...

DIPAM Invites Bids for Stake Sale in Public Sector Banks

The Department of Investment and Public Asset Management (DIPAM) has invited bids from merchant bankers to assist in the stake sale of public sector...

Auto Component Firms to Invest ₹30,000 Cr in FY26: ICRA

India's major auto component manufacturers are expected to invest ₹25,000-₹30,000 crore in the next fiscal year to expand capacity, localize production, and develop EV...

Volvo to Invest ₹1,400 Cr in Karnataka for Expansion

Volvo Group has announced a ₹1,400 crore investment to expand its manufacturing footprint in Karnataka. The company signed a Memorandum of Understanding (MoU) with...

Firms Pledge ₹27,106 Cr for Specialty Steel under PLI

The Production Linked Incentive (PLI) Scheme for specialty steel has attracted investment commitments of ₹27,106 crore, the government informed Parliament on Friday. Out of...

PwC: 87% of Indian CEOs Confident in Growth

India continues to shine as a top destination for global investment and economic confidence, according to PwC annual CEO survey, unveiled during the World...

Semicon India: ₹1.3 Lakh Cr Investment Approved

The Indian government has approved four major semiconductor manufacturing projects under the Semicon India Programme. This initiative aims to reduce dependency on imports, boost...

India Eyes Rs 4.2 Trillion for Broadband Expansion by 2030

To significantly boost broadband expansion across India, it is projected that an investment of over Rs 4.2 trillion will be required by 2030. This...

Maiva Pharma Secures ₹1,000 Crore Investment to Expand Operations

Maiva Pharma, a prominent player in the pharmaceutical industry, is embarking on a transformative journey with a recent infusion of ₹1,000 crore in funding....