Siemens Boosts Manufacturing Capacity to bolster Make in India Initiative
Monday, February 24,2025
Microsoft's acquisition of 48 acres of land in Hyderabad for approximately Rs 267 crore indicates its intention to expand its data center business in the region. This move aligns with the company's strategy to bolster its existing network of data...
In order to provide cloud services and artificial intelligence to Indonesia, including the construction of data centers, Microsoft has committed to investing $1.7 billion in the nation, as revealed on Tuesday by visiting CEO Satya Nadella.
This year, the International Monetary Fund raised its growth prediction for Asia, signaling a potential upward adjustment in its view for China and reflecting a more optimistic prognosis for the two biggest countries in the area.
After spending $715 million on its first AI R&D center in Asia, NVIDIA was able to construct its second facility in Taiwan in just two years.
According to top sources who spoke to TOI, the government is considering launching a new multibillion dollar incentive package for semiconductor businesses after almost depleting the Rs 76,000-crore fund that was established in December 2021
The private equity company ADV Partners, with a focus on Asia, and Sandur Manganese & Iron Ores (SMIORE) have inked a deal for the acquisition of Arjas Steel, a special steel maker, for an enterprise value of ₹3,000 crore.