Ahmedabad, July 24 (IANS) Adani Energy Solutions Ltd (AESL) on Friday said it has won a Rs 8,500 crore inter-state transmission project in Andhra Pradesh to supply power to the proposed Green Hydrogen and Green Ammonia projects in the Vizag area, catering to an estimated demand of 4,500 MW.The project was awarded through the tariff-based competitive bidding (TBCB) framework of the government where Adani Energy Solutions emerged as the most competitive bidder. The project is contracted to be deli…
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Washington, July 24 (IANS) President Donald Trump said technology companies developing artificial intelligence must bear the cost of building the massive energy infrastructure needed to support the industry’s rapid expansion, arguing that the policy would protect American consumers from rising electricity bills while accelerating investment in the United States.Speaking at an event highlighting his administration’s Ratepayer Protection Pledge, Trump said soaring electricity demand from AI data c…
New Delhi, July 22 (IANS) Visakhapatnam retained the top spot among India’s non‑metro job markets among the fastest‑growing smaller cities for hiring and migration, a report said on Wednesday.The report from professional networking platform LinkedIn said Visakhapatnam was followed by Ludhiana, Surat, Vadodara and Prayagraj — occupying the top five positions.It underscored the rise of non‑metro hubs that are expanding beyond legacy industries. Technology, financial services, manufacturi…
New Delhi, July 21 (IANS) Institutional investments in India’s real estate sector remained resilient and reached $1.9 billion in the second quarter of 2026, up 16 per cent quarter‑on‑quarter, a report said on Tuesday.The report from Cushman & Wakefield said investment activity moderated by 7 per cent year-on year (YoY) and the overall market continued to witness consistent deployment, supported by strong participation from domestic investors and sustained preference for consistent inco…
Washington, July 16 (IANS) Federal Reserve Chairman Kevin Warsh has said that the United States is witnessing the biggest wave of business investment in a generation, driven largely by artificial intelligence (AI), and predicted that the technology would ultimately create jobs, lift productivity and strengthen the American economy despite short-term disruption. Appearing before the Senate Banking Committee on Wednesday (local time) for his first semiannual monetary policy hearing since taking of…
Bengaluru, July 14 (IANS) Chief Minister D.K. Shivakumar on Tuesday announced that Karnataka will establish India’s first government-driven Artificial Intelligence University, reaffirming the state’s ambition to emerge as a global hub for responsible AI innovation.The Chief Minister also announced the creation of an AI Hub that will function as an incubation centre for research and development, bringing together startups, companies, academic institutions and innovators to accelerate AI-driven s…
Bhopal, July 13 (IANS) Madhya Pradesh Chief Minister Mohan Yadav on Monday said the state is emerging as a major destination for technology investments, making rapid progress in sectors such as artificial intelligence (AI), data centres and semiconductor manufacturing.Addressing the MP Tech Growth Conclave 3.0: GCC, Data Centre and Semiconductor in Bhopal, CM Yadav said the state had fulfilled the commitments made during the previous two editions of the conclave.”In the last two years, we have f…
New Delhi, July 13 (IANS) Private equity investment inflows into the Indian real estate sector reached $3.2 billion in H1 2026, marking a 33 per cent year-on-year increase, a report said on Monday.Investment inflows stood at $2 billion in Q2 2026, marking a 25 per cent increase over the same period last year, according to the report from global real estate consulting firm Savills India. Private equity institutional investments include equity deals executed through private routes, structured debt…
Gandhinagar, July 9 (IANS) Deputy Chief Minister Harsh Sanghavi on Thursday drew parallels between India’s unsuccessful attempts to establish a semiconductor industry in previous decades and Gujarat’s latest push to build a data centre ecosystem, saying the state intends to avoid repeating past mistakes through the newly launched ‘Viksit Gujarat – Data Centre Policy 2026-29’.Speaking after Chief Minister Bhupendra Patel launched the policy in Gandhinagar, Sanghavi said India had witnessed earlie…
Gandhinagar, July 9 (IANS) The Gujarat government on Thursday launched the ‘Viksit Gujarat – Data Centre Policy 2026-29’, a dedicated policy aimed at attracting investments in hyperscale data centres, artificial intelligence infrastructure and digital services, with Chief Minister Bhupendra Patel unveiling the policy booklet at a state function in Gandhinagar.Deputy Chief Minister Harsh Sanghavi, Science and Technology Minister Arjun Modhwadia, Chief Secretary Manoj Kumar Das, senior government …