Germany’s Festo Expands Global R&D with First GCC in Bengaluru
German automation technology giant Festo has inaugurated its first Global Capability Centre (GCC) in Bengaluru,…
Germany’s Festo Expands Global R&D with First GCC in Bengaluru
German automation technology giant Festo has inaugurated its first Global Capability Centre (GCC) in Bengaluru, marking a major milestone in its global research and development strategy. The €3.5 billion family-owned firm, known for its innovations in industrial automation and technical education, is sharpening its India play as it celebrates 40 years of operations in the…
Roshni Nadar Calls for India’s Shift from Tech Services to IP-Led Nation
At the AI Impact Summit 2026, Roshni Nadar Malhotra, Chairperson of HCL Technologies, emphasized that India must transition from being a technology services-led nation to an Intellectual Property (IP)-led nation. She argued that while services scale with effort, IP scales infinitely, making it the foundation for sustainable growth in the AI-driven economy. Key Highlights of…
ABB India Declares ₹29.59 Dividend as Stock Delivers 491% Return
ABB India, a leading heavy electrical equipment company listed on the BSE 200 index, has announced a final dividend of ₹29.59 per share (1480%) for its shareholders. The company has fixed May 2, 2026 as the record date for dividend eligibility, rewarding long-term investors who have seen the stock deliver an extraordinary 491% return over…
Cement Sector Demand Revives as Prices Decline in Q3FY26: Nuvama Report
India’s cement industry witnessed a revival in demand during the third quarter of FY26, according to a detailed report by Nuvama Wealth Management. The sector, which had faced sluggish demand and price pressures earlier in the year, saw volumes rise by approximately 7% year-on-year across 15 major companies. The revival was largely attributed to declining…
OpenAI and Tata Join Forces to Build AI-Ready Data Centre Infrastructure in India
In a landmark move, OpenAI has partnered with Tata Group to establish large-scale AI-ready data centre infrastructure in India. The collaboration begins with 100 megawatts (MW) of capacity, with plans to scale up to 1 gigawatt (GW) in the coming years. This initiative is part of OpenAI’s global Stargate project, aimed at building sovereign AI…
Stable Money Secures $25 Million Equity Funding Led by Peak XV Partners
Indian fintech startup Stable Money has raised $25 million in fresh equity funding, with Peak XV Partners (formerly Sequoia India & Southeast Asia) leading the round alongside other prominent investors. The funding marks a significant milestone for the company, which has rapidly positioned itself as a trusted platform for fixed-income investments in India. Key Highlights…
Valeo’s ₹2,147 Crore Investment: French Auto Supplier Bets Big on India’s EV and AI Future
French automotive supplier Valeo has announced a landmark investment of ₹2,147 crore (€200 million) in India over the next three years, marking a significant expansion of its industrial footprint in the country. The move is part of Valeo’s global “Elevate 2028” strategic plan, aimed at tripling its India sales to €700 million by 2028. Currently,…
Mukesh Ambani’s Reliance Bets ₹10 Lakh Crore on India’s AI Future
At the India AI Impact Summit 2026, Reliance Industries Chairman Mukesh Ambani announced one of the boldest corporate commitments in India’s history: a ₹10 lakh crore investment in artificial intelligence (AI) over the next seven years. This audacious bet is aimed at transforming India into a global AI powerhouse, mirroring the disruptive impact Reliance Jio…
PhonePe’s $15 Billion IPO on Cards; How It Can Trigger a Re-Rating for Paytm?
India’s fintech landscape is set for a seismic shift as PhonePe prepares for a $15 billion IPO, a move that could redefine valuations across the digital payments sector. Analysts believe that the listing of PhonePe, one of India’s largest digital payment platforms, may not only unlock value for its investors but also trigger a re-rating…
IT Stocks Oversold, Capital Markets Remain a Structural Story: Nitin Raheja
India’s equity markets have been witnessing volatility, with IT stocks appearing oversold and capital markets continuing to show resilience as a structural growth story, according to market expert Nitin Raheja. His insights highlight the contrasting trends across sectors, where technology valuations have corrected sharply, while capital markets are benefiting from long-term structural drivers such as…
