NEXT GENERATION INFRASTRUCTURE
Chinese AI market optimistic despite scrutiny from west
The generative AI sector in China has experienced significant expansion, as reported by the United Nations, which notes China has become the leading applicant for patents in AI software, creating a wide range of outputs from illustrations to computer code. However, OpenAI has accused China of using its language models to create content aimed at influencing social media sentiment.
CAMS, Google Cloud to build cloud-native platform
The next generation platform, envisaged with Google Cloud, is a strategic step of the company to leverage the multiple benefits of cloud-based platforms and emerging technologies for the rapidly growing asset management industry, CAMS said in a statement here on Tuesday.
Natural Environment Solutions enters Indian data centre industry with 5 MW facility in Pune
Natural Environment Solutions Pvt Ltd (NES) on Tuesday announced its foray into the Indian data centre industry with a 5 MW facility in Pune and said it plans to scale up to over 100 MW of data centre capacity across the country in the next three years. ' NES will set up the 5 MW capacity data centre in Hinjewadi, Pune.
Retrofitting of inter-city diesel buses can generate over 50,000 jobs
Dr. Charan Singh and Davinder Sandhu emphasize the economic and environmental benefits of retrofitting. It offers a pragmatic solution for sustainable urban transport, driving economic revitalization and environmental improvements. Retrofitting leverages existing infrastructure while transitioning towards cleaner mobility, showcasing tangible progress in achieving sustainability goals.
Cooper Corp, Sinfonia Tech join hands to introduce LPG gensets in India, Japan, ASEAN countries
The company also informed that 'CPCB IV+' certified LPG gensets developed under the partnership will be unveiled at the Gas India Expo 2024 at Expo Centre Greater Noida next month.
Adani Airports to chart next decade with $21 billion infusion
The business is housed under wholly owned subsidiary Adani Airport Holdings, which currently owns seven operational airports, in Mumbai, Lucknow, Ahmedabad, Jaipur, Guwahati, Thiruvananthapuram and Mangalore. Phase I of city-side development across 98 acres at airports in Mumbai, Ahmedabad, Jaipur, Lucknow and Guwahati has begun.
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Indian Army signs Mou for 'next generation wireless technologies'
The Military College of Telecommunication Engineering (MCTE), Indian Army, and the Society for Applied Microwave Electronics Engineering & Research (SAMEER) signed a Memorandum of Understanding (MoU) to advance collaboration in 'Next Generation Wireless Technologies for Indian Army. The MoU aims to establish an 'Advanced Military Research and Incubation Centre' at MCTE, focusing on Advanced Wireless Technologies for the Indian Army. This partnership represents a shared commitment to exploring new technological frontiers and addressing modern battlefield challenges, with potential benefits beyond the military to areas such as telecommunications, emergency response, and public safety.
By 2032, India infrastructure spending will surpass $2.5 trillion, says Adani
The Adani Group, he said, will invest over $100 billion (around ₹8.35 lakh crore) over the next decade in energy transition projects and in manufacturing every major component required for green energy generation. Adani Green Energy is building solar and wind parks. The group is also building facilities to manufacture electrolyzers to make green hydrogen, wind power turbines and solar panels.
Can AI answer the needs of smaller businesses? Some push to find out
Economists generally believe that the diffusion and adoption of generative AI will occur much faster, in part because information flows more quickly than it did in the past.
Why is it right time to reshuffle your portfolio? Feroze Azeez answers
Now if you come to the contemporary situation that general election is over, the mandate of the new government is also reasonably clear, the NDA is going to form a government in 99% of the situations, which is going to be a stable government because you have 292 seats on a pre-poll alliance, UPA 1, UPA 2 also you would not see one single party having a majority greater than 272, 273, so it is a stable government, that is one thing behind us now.
AMCs, insurance stocks offering good money-making proposition: Deven Choksey
I believe that the market is going to remain positive. Investors are going to be remaining confident. Maybe these numbers are going to be forgotten after a couple of days once the ministries and the governments are formed.
Market will soon start acting and reacting to economic fundamentals
The unexpected election results and resulting uncertainty have triggered market jitters, reminiscent of similar situations in 2004 and 1991
Mukesh Ambani faces pushback in Ghana over exclusive 5G deal
The Ghanaian government’s plan to launch a 5G network using a company partnering with Mukesh Ambani is a bad deal for the debt-ridden nation, which needs funds for critical development projects, the National Democratic Congress (NDC) said in a statement on Monday.
Infrastructure stocks: With more clarity a stronger round of re-rating in Modi 3.0? 7 infra stock with upside potential of up to 33%
Couple of months back PM Modi had mentioned his priorities of Modi 3.0. The first word which was used was infrastructure and then subsequently others. There should not be any surprise given the fact that even in the last ten years, infrastructure has been a priority. What has changed is that in the first five years, it was the clean up of the books and debt which was taking place. In the next five it was both, lowering debt, higher order book and now with books much better placed, much less litigation, now when the order book gets bigger as the focus on infrastructure continues the increase is likely to be more visible in margins and that increases the probability of even a strong and sustained rating. We take a look at infrastructure makers, which is very different from infrastructure owners. Though in some cases, these companies also have some projects where they have stakes.
Infra mutual funds among top winners in last 5 years of Modi government
Infrastructure sector-based mutual funds, including Quant Infrastructure Fund, Invesco India PSU Equity Fund, and Nippon India Power & Infra Fund, have been top winners in the last five years of the Modi government, offering impressive absolute returns up to 380%.
Another Ambani vs Mittal battle? A look into Airtel's African empire
Bharti Airtel's African venture has been a rollercoaster ride, starting with a bold move by chairman Sunil Mittal in 2008. Despite initial struggles, Airtel Africa has managed to establish a strong presence in 14 countries. Meanwhile, Mukesh Ambani's Reliance Industries is making inroads into the African telecom market with 5G infrastructure solutions. As Airtel Africa faces currency woes, the stage is set for a potential showdown between the two telecom giants.
Infrastructure stocks: Stay bullish, hedge to participate in next round of re-rating: 6 infra stock with an upside potential of up to 39%
Among the sectors which have seen a strong re-rating in the last five years, probably infrastructure is amongst the top ones. Like many other sectors here also the re-rating has been largely due to policy push and government spending. If one looks at the performance of the companies in the last five years, there has been clearly strong growth across the board. So, policy continuity becomes critical for this sector and the stocks. The
Broadcom acquisition of VMWare creating a storm of uncertainty, risk: Nutanix CEO
As part of its slew of announcements on Tuesday, Nutanix said it is working jointly with Cisco to certify Cisco UCS blade servers as part of the strategic partnership between Nutanix and Cisco.
All group businesses going through transformation over next couple of years: Shashwat Goenka, RPSG Group
Shashwat Goenka envisions significant growth and transformation across diverse sectors within the RPSG Group. The strategic focus includes retail expansion, innovative health food offerings, client-centric BPO services, and a transition to greener energy sources for sustainable growth.
Tech giants start to treat SE Asia like next big thing
Southeast Asia transforms into a tech hub, attracting major investments from global tech giants like Apple and Microsoft. The region's young population drives growth in video streaming, online shopping, and AI, positioning it as a key player in the tech industry.
Equipping leaders for the AI era: A CEO's toolkit
The critical juncture when AI is taking over the world slowly, a proactive approach and good understanding of Generative AI is required from leadership -- CEOs & CIOs.
REC aims to double loan book to Rs 10 lakh cr by FY30
REC Ltd is targeting a loan book of Rs 10 lakh crore by 2029-30, with 50-60% of the portfolio consisting of conventional power generation, transmission, and distribution projects and 30% focused on renewable energy. The company's assets under management are around Rs 5 lakh crore. The power ministry has projected a need for 85 GW of coal-based power capacity by FY32.
Should investors be contra buyers in IT? Rajeev Thakkar answers
In each bull market, there will be pockets of exuberance, but there will be some other pockets which will be out of favour and that is where we tend to look for opportunities.
Mahindra Susten draws up plan to step up its green energy play, plans to invest ₹21,000 cr in next 5 years
Mahindra Susten plans to invest ₹21,000 crore in a 5.5 GW renewable energy portfolio over 5 years with Ontario Teachers' Pension Plan. The company aims to avoid a heavy debt burden through asset flipping and expand into the hybrid renewable energy sector.
Daimler India to foray into battery electric segment with new gen eCanter
Daimler India Commercial Vehicles announced plans to introduce the all-electric eCanter light duty truck in India within 6-12 months as part of a strategy to decarbonize its product portfolio. Despite coexisting with traditional diesel ICE technologies, the company aims to lead in sustainable transportation by focusing on excellence, customer acceptance, and a supportive policy framework.
Hitachi Vantara integrates Hitachi IT platform products management division
The new structure includes the integration of Hitachi Vantara and parent Hitachi’s IT platform products management division, which is responsible for Hitachi’s business development, R&D, and production of data infrastructure solutions.
Visionary Wishlist: Five tech inventions bosses would love to see in next five years
In a world where technology is changing at the speed of imagination, these leaders reveal the developments on their wishlists over the next five years.
The Next Frontier: The mega opportunity in Indian megacaps
The post-Covid recovery, aided by easier availability of credit due to the dramatic acceleration in the use of UPI and ever-widening spread of social media, has surely helped smaller companies find new customers and new ways to reach existing customers.
Govt to herald next-generation reforms; industry must be a key driver of developed India vision: FM Sitharaman
Finance Minister Nirmala Sitharaman announced the Indian government's intent to implement next-generation structural reforms in factors of production, including land, labor, capital, and digital public infrastructure. Speaking at a Ficci event, she urged the industry to be a key driver in achieving the goal of a "developed India by 2047." Sitharaman highlighted opportunities in space, logistics, AI, and R&D, emphasizing the need for industry collaboration.
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