Terra Invest Plans $2.5 Billion Investment in Indian AI Startups
Terra Invest, backed by former US ambassador Kirk Wagar, intends to deploy a substantial portion of its $2.5-billion fund into Indian artificial intelligence (AI) startups by 2025. Operating on a deal-based model, the firm has already executed transactions exceeding $230
JSW Steel Subsidiary to Invest $110 Million in Texas Facility
JSW Steel USA has announced a $110 million investment in its Baytown, Texas manufacturing facility. This initiative aims to modernize the mill with sustainable technology and equipment to produce high-quality monopile steel plates. This move is part of the broader
India’s First-Ever Offshore Wind Projects to Receive 7453 Crore Viability Gap Funding
India has embarked on its first-ever offshore wind energy initiative with a Viability Gap Funding (VGF) scheme worth 7453 crore approved by the Union Cabinet. This funding includes 6853 crore allocated for the installation and commissioning of 1 GW of
Andhra Pradesh Chambers Engages NRIs for Investment Opportunities
Potluri Bhaskara Rao, President of the Andhra Pradesh Chambers of Commerce and Industry Federation (AP Chambers), addressed a virtual meeting with Non-Resident Indians (NRIs) to solicit investments into Andhra Pradesh. Coordinated by AP NRI cell members including Guttha Ramesh Babu,
Fesco Expands Capacity to Boost India-Russia Trade
Fesco, Russia’s largest ocean container carrier, is strengthening its India-Russia connectivity as trade volumes rise. The company has increased capacity by 25% on the West India-Novorossiysk route, deploying a larger vessel. The enhanced service, FIL-W (Fesco Indian Line West), began
British National Completes Epic 18,300 km Road Trip from London to Thane
British national Virajit Mungale, originally from Thane, completed an extraordinary 18,300 km road trip from London to Thane, covering 16 countries in 59 days. Starting on April 20 and finishing on June 17, Mungale’s journey spanned the UK, France, Germany,
Brookfield Targets $10 Billion in Renewable Assets in India by 2028
Brookfield Asset Management, a global leader in renewable power and climate transition investments, aims to triple its renewable energy assets under management (AUM) in India to over $10 billion within the next three to four years. This ambitious target underscores
OYO Opens First Luxury Hotel in Dubai, Targets 100,000 Indian Tourists in 2024
OYO has unveiled its first luxury hotel in Dubai, named Palette Royal Reflections Hotel and Spa, aiming to tap into the rising influx of Indian tourists to the city. This strategic move is part of OYO’s efforts to expand its
Cisco Meraki Launches India Cloud Services to Expand into Regulated Sectors
San Jose-headquartered Cisco has expanded its Meraki offering in India by launching a new cloud region within the country. This strategic move aims to host business data locally, catering to the regulatory and privacy needs of enterprises, particularly in highly
Indians in Germany Create Punjabi Song for EURO 2024, Hailed by German Envoy as ‘Dollywood’
German Ambassador to India and Bhutan, Dr. Philip Ackermann, celebrated a Punjabi song created by Indians living in Germany, calling it the “unofficial anthem” of the 17th edition of the UEFA European Football Championship (Euro 2024). The German Embassy in