The LuLu Group, a global retail conglomerate headquartered in Abu Dhabi, has once again set its sights on Andhra Pradesh for a major investment. Known for its expansive network of hypermarkets and malls across the Middle East, Asia, and other parts of the world, the group plans to contribute significantly to the economic growth of … Read more
Noida, Uttar Pradesh – September 2024: In a significant boost to Uttar Pradesh’s economic landscape, Swedish multinational IKEA, in partnership with Ingka Centres, has announced a massive investment of nearly ₹5,500 crore to establish its second meeting place in India. The project, unveiled by Chief Minister Yogi Adityanath, marks another major milestone in Noida’s rapid … Read more
Date: August 29, 2024 Location: Washington, D.C. In a fiery speech at a campaign rally in Florida, former President Donald Trump issued a stark warning to Meta CEO Mark Zuckerberg, threatening him with prison time if he engages in what Trump described as illegal activities during the 2024 presidential election. Trump, who has frequently criticized … Read more
Kuala Lumpur, Malaysia – August 29, 2024 – In a significant boost to Malaysia’s technological and entertainment sectors, India’s Eros Investments has announced a massive $1 billion investment to develop an advanced Artificial Intelligence (AI) park and state-of-the-art movie studio in the country. This ambitious project underscores Eros Investments’ commitment to driving innovation and creativity … Read more
August 27, 2024 — In a significant move, IBM has announced its decision to close its Research and Development (R&D) department in China, a hub that has been pivotal in the company’s technological advancements for over a decade. The decision, part of a broader restructuring strategy, will see IBM likely relocating its offices to Bengaluru, … Read more
New Delhi, August 26, 2024 – The Union Cabinet is poised to approve the establishment of 12 new industrial parks across the states of Bihar, Andhra Pradesh, and Punjab. This ambitious project, with a total estimated cost of around Rs 25,000 crore, is part of the government’s broader initiative to bolster industrial growth and regional … Read more
*Bengaluru, August 24, 2024* — Travelers arriving at Kempegowda International Airport (KIA) in Bengaluru will now have to shell out more for their cab rides, as the airport authorities have increased the pick-up fares for ride-hailing services like Uber and Ola. The fare for Uber cabs has seen a significant increase, with the base pick-up … Read more
Houston, TX – August 24, 2024 — In a high-stakes legal battle between two global IT giants, Cognizant’s healthcare division, TriZetto, has filed a lawsuit against Infosys, accusing the Indian multinational of stealing trade secrets related to its healthcare insurance software. The lawsuit, filed in a Texas federal court, alleges that Infosys unlawfully obtained and … Read more
Tokyo, August 23, 2024 – Sony Group Corporation, one of the world’s leading technology conglomerates, has officially announced the upcoming launch of its proprietary Ethereum Layer 2 (L2) scaling solution, dubbed “Soneium.” This move marks Sony’s significant foray into the blockchain and cryptocurrency space, reflecting the company’s ongoing commitment to pioneering innovations in digital technology. … Read more
Date: August 23, 2024 New Delhi: The Indian government is reportedly considering retracting its $4 billion tax demand against Infosys, one of the country’s largest IT service providers, after facing significant backlash from industry leaders, analysts, and stakeholders. The tax demand, which was issued by the Income Tax Department, pertains to the reassessment of past … Read more
