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Amazon to invest additional $13 billion in India AI, cloud infrastructure by 2030
Amazon is injecting an additional $13 billion into India's AI and cloud infrastructure by 2030, bringing its total planned investment to over $21 billion. This significant commitment, announced after CEO Andy Jassy met Prime Minister Modi, aims to bolster AWS data centers and provide advanced AI technologies. The move underscores India's growing importance in the global AI landscape and Amazon's long-term vision for the country's digital transformation.
Centre approves Rs 530 cr for intelligent transport system in Chennai
Chennai is set to revolutionize its traffic management with a Rs 500 crore intelligent transport system. Funded by a loan from Japan, the project will enhance efficiency and handle growing demands. Key features include advanced traffic control at numerous junctions, incident detection, and real-time information systems. The Greater Chennai Corporation anticipates full operation by August 2026, promising a smoother commute for residents.
Over 1/10 Of Crude Basket: A Look At Iran's Share In Indian Oil Imports At Its Peak
Iran's share in India's crude basket steadily increased through the second half of the last decade, peaking at more than one-tenth of the country's total oil imports.
Adani Group Invested Record Rs 1.5 Lakh Crore In FY26, Gautam Adani Says
The investment accounted for more than 30% of India's total new private-sector capital expenditure during the year, according to Adani.
Waterways Leisure Tourism IPO: Issue receives tepid response on Day 01, subscribed 0.20x; GMP signals flat listing
Waterways Leisure Tourism's IPO opened on June 23 but saw low interest, being subscribed only 0.20 times. A total of 8.14 lakh shares were bid for against 39.82 lakh available. The company aims to raise ₹585 crore, with a market valuation of ₹5,849.48 crore post-issue.
CAG Flags Revenue Leakages, Compliance Lapses In Kerala Liquor And Transport Sectors
The CAG also reported revenue arrears of Rs 30,308.52 crore, equivalent to 24.35% of Kerala's total revenue.
Centre auctions 10 critical mineral blocks in 7th round
India has successfully auctioned 10 critical and strategic mineral blocks, bringing the total to 56. This significant expansion includes first-time auctions in Gujarat, Uttarakhand, and Telangana for minerals like graphite and rare earth elements. The move aims to bolster domestic supply chains and advance the nation's critical mineral mission, alongside a second round of exploration license auctions.
Infosys Hirings: 20,000 Freshers Added In A Year Amid AI Bets
Infosys also secured 96 large deals during the year with a total contract value (TCV) of $14.9 billion, underscoring continued client demand for digital transformation and technology services.
Here's what Groww is doing beyond the broking business to drive growth, Kotak explains
At the end of the fourth quarter, Groww's total transacting users were at 21.6 million, up 6% sequentially and 25% from the year-ago period. Of these, active users stood at 16.7 million.
Info Edge shares in focus as AI portfolio doubles to Rs 1,268 crore; total holdings at Rs 41,300 crore
Info Edge shares will be in focus after the company reported its AI startup portfolio has more than doubled to Rs 1,268 crore from Rs 614 crore. Overall startup investments are valued at about Rs 41,300 crore, driven by strong gains in consumer tech and steady growth in deeptech bets.
JSW Infra launches QIP with promoter stake sale to raise up to ₹7,503 crore
The share offering consists of a total of up to 263.25 million shares, including a fresh issue of 230 million shares under the QIP for a total of ₹6,555 crore and an offer for sale of up to 33.25 million shares worth ₹948 crore by the promoter Sajjan Jindal Family Trust.
Tata Group stock surges to 52-week high after third day of gains; Extends 2026 advance
A total of nine analysts have coverage on the Tata Communications stock and of them six have a "hold" rating, two have a "buy" rating and one has a "sell" rating.