This comes a day after Microsoft announced its plans to invest USD 3 billion in cloud and AI infrastructure in India over the next two years, including the establishment of new data centers.
Microsoft will make a USD 3 billion investment in India for cloud and AI infrastructure over the next two years, chairman and CEO Satya Nadella, informed from the stage at the Microsoft AI Tour in Bengaluru.
Bangalore (Karnataka) [India], November 21: While India's food delivery market explodes and cloud kitchens multiply, thousands of promising restaurant brands still struggle to scale beyond their first location. Skope Kitchens, launching today in Bangalore, aims to solve this paradox with Ind
Union Finance Minister Nirmala Sitharaman, during her address at the Uzbekistan-India Business Forum on Friday, emphasised the vast trade opportunities between India and Uzbekistan.
New Delhi [India], September 20: Orient Electric Limited [BSE: 541301, NSE: ORIENTELEC], part of the diversified USD 3 billion CK Birla Group, has expanded its Switchgear portfolio with the launch of Stella Neo range of miniature circuit breakers (MCBs) in the mass premium segment. Designed
Bengaluru (Karnataka) [India], September 19: Apar Peopleworld, a fully-owned subsidiary of Apar Technologies Worldwide, a USD 3 billion global conglomerate, is proud to announce its rebranding to Otomeyt AI. This strategic name change reflects the company's renewed commitment to revolutioniz
As part of the USD 3.1 billion 31 MQ-9B Predator drone deal between India and the US, American side is proposing to provide consultancy to Indian entities for developing an indigenous advanced unmanned aerial vehicle.
Private equity (PE) investments surged to USD 3 billion in the first half of 2024, reflecting a 15 per cent increase compared to USD 2.6 billion during the same period in 2023, according to Knight Frank India report.
India's largest public sector bank, State Bank of India, said through an exchange filing that its board has approved raising up to USD 3 billion via debt in the current financial year. In the exchange filing, the state-run lender says
Funding winter in India seems to be waning as the country witnessed an improvement in venture capital funding deals, both in volume and value, in 2024.
The State Bank of Pakistan (SBP) has received around USD 1.1 billion from the International Monetary Fund (IMF), a day after the global lender approved the last tranche of Pakistan under the USD 3 billion Stand-By Arrangement (SBA).
This latest funding marks the third and final installment of a USD 3 billion standby arrangement with the IMF, crucial for Pakistan to stave off a sovereign default, particularly as the existing arrangement is set to expire this month.