Amazon is developing an AI model that incorporates advanced “reasoning” capabilities, similar to models like OpenAI’s o3-mini and Chinese DeepSeek’s R1, according to a report by Business Insider on Tuesday. The model may launch as soon as June under Amazon’s Nova brand, which the company introduced at its re:Invent developer...
Tata Electronics will set up a display manufacturing unit in Gujarat in partnership with Taiwan-based PSMC and Himax Technologies, a top official of the company said on Wednesday. Speaking at IESA Vision Summit, Tata Electronics CEO Randhir Thakur announced signing of a tripartite agreement with the Gujarat government for the...
Infrastructure major Larsen & Toubro (L&T) on Wednesday said one of its verticals has bagged ‘significant’ projects from a reputed developer to construct residential towers.   The building and factories vertical of Larsen & Toubro will construct residential towers in Mumbai, Bangalore and Chennai, L&T said in a regulatory filing. All...
A team from Amazon Web Services, led by its South Asia and India President Sandeep Dutta, met with Minister of Electronics and Information Technology Ashwini Vaishnaw in New Delhi today. During the meeting, the team outlined their plan to invest about 8.2 billion dollars in Maharashtra in the coming...
The Ministry of Micro Small & Medium Enterprises (MSME) Department, Govt of India organized an awareness programme at the Association of Industries (AoI) Bhawan, Gangyal, Jammu to educate existing and new industries’ owners/operators about its various schemes and initiatives. The programme aimed to promote entrepreneurship, employment and economic growth in...
Adani Green Energy, which is Adani Group’s renewable energy vertical, on Friday said it has surpassed a record 12,000 megawatts (MW) of operational portfolio. The Adani Group, while making the announcement, asserted it is the first and only renewable energy company in India to reach this landmark. Adani Green Energy’s 12,258.1...
 India and Japan have renewed the USD 75 billion bilateral currencies swap agreement, the Reserve Bank said in a statement on Friday.   The Bilateral Swap Arrangement (BSA) is a two-way arrangement where both authorities can swap their local currencies in exchange for the US dollar. The Bank of Japan, acting...
Adani Green Energy (AGEL) on Friday said its total operational renewable energy generation capacity has increased to 12,258.1 MW with the commissioning of an additional 275 MW of solar power project at Khavda, Gujarat. “Adani Green Energy Twenty Five A Ltd, wholly-owned step down subsidiary of the company has operationalized...
The Asian Development Bank (ADB) on Wednesday said it has approved a loan of 200 million U.S. dollars to enhance the development of climate- and disaster-resilient sewerage and drainage infrastructure in Kolkata, India. The project will construct 84 km of combined trunk and secondary sewerage and drainage pipelines, 176 km...
Union Minister for Electronics and IT, Ashwini Vaishnaw, announced that India’s first indigenously developed semiconductor chip will be ready for production by 2025. Speaking via video conferencing on the second day of the Global Investors Summit 2025 in Bhopal, Vaishnaw highlighted India’s growing capabilities in semiconductor and electronics manufacturing. Madhya...