Tag: Investment
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...
PB Fintech to Invest ₹696 Cr in PB Healthcare
PB Fintech Ltd., the parent company of insurance brokerage platform Policybazaar, has announced a ₹696 crore investment into its subsidiary PB Healthcare Services Pvt...
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....
