New Delhi, May 25 (IANS) India’s data centre industry is entering a phase of accelerated expansion and the country’s total data centre sector revenue is pegged to reach about $45.69 billion by 2033, a report said on Monday.The report from KPMG in India said that the accelerated expansion of specialised infrastructure is driven by AI‑driven workloads, rising cloud adoption, widespread 5G rollout and data localisation requirements.The AI‑optimised data centre market, valued at roughly $588.6…
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New Delhi, May 24 (IANS) As artificial intelligence (AI) unfolds an exciting yet uncertain future at the global level, 45 per cent of organisations in India identify AI, digital, and data skills as their single largest workforce constraint, according to a new report.Around 54 per cent of organisations report moderate to low urgency on AI investment in the country.Green and ESG capabilities follow, with 41 per cent reporting a large gap. Only one in 14 organisations qualifies as advanced in ESG t…
Mumbai, May 21 (IANS) The Securities and Exchange Board of India (SEBI)-backed National Institute of Securities Markets (NISM) has joined hands with the Indian Institute of Corporate Affairs (IICA) to strengthen training in governance, ESG and capital markets, an official statement said on Thursday.The Memorandum of Understanding (MoU) was signed in Mumbai and aims to jointly design and deliver capacity building programmes, certification courses, executive education modules and training initiati…
New Delhi, April 22 (IANS) A convergence of artificial intelligence and sustainability created urgent demand for digitally skilled workers in green jobs in India, with nearly 70 per cent of new green roles requiring tech skills, a report said on Wednesday.The report from technology and digital talent solutions provider NLB Services said the green sector was already estimated to generate 7.29 million jobs by FY28, with 1.2–1.5 million incremental jobs expected in FY27 alone.The report added tha…
New Delhi, April 7 (IANS) Bank of Baroda on Tuesday rolled out ‘bob SAMVAD’ — an AI-powered multilingual conversational platform developed by the bank to enhance in-branch customer interactions.The AI platform was formally launched by Department of Financial Services Secretary M. Nagaraju in Mumbai on March 28. Terming it a step towards inclusive banking, Nagaraju said the initiative will strengthen customer service delivery and set a new benchmark in the sector through the use of technolog…
Mumbai, Feb 21 (IANS) The PHD Chamber of Commerce and Industry (PHDCCI) in association with Metal X, hosted a conclave in which industry leaders on Saturday said scrap must be treated as a strategic commodity which can import dependence on other countries as OECD countries consider export restrictions.Vijay Sharma, Chair, Minerals & Metal Committee, PHDCCI and Director, Jindal called forecosystem formalisation through scrap processing clusters, integration of informal collectors into formal …
New Delhi, Jan 31 (IANS) India’s leadership has articulated a clear vision for the future, and institutions must collectively contribute — both individually and collaboratively — towards achieving the goal of Viksit Bharat, said Gyaneshwar Kumar Singh, Director General and CEO, Indian Institute of Corporate Affairs (IICA), it was announced on Saturday.He emphasised the growing and evolving demands from industry and the need for institutions to remain relevant to national priorities, accord…
Mumbai, Jan 28 (IANS) Global institutional investors are set to deploy $144 billion into commercial real estate in 2026, marking a clear rebound in investment activity, and India is emerging as an increasingly relevant destination for global capital seeking scale, income visibility and long-term growth, a report showed on Wednesday.Knight Frank’s latest ‘Active Capital Survey’ revealed that 87 per cent of investors (by AUM) intend to increase direct commercial real estate investment in 202…
New Delhi, Jan 23 (IANS) Life sciences leaders in India are scaling artificial intelligence (AI) and digital transformation, said a report on Friday.The report by KPMG, which surveyed 110 global Life Sciences leaders, noted that life sciences CEOs in India are also investing in enhancing workforce skills, and the country is on track for sustainable growth in the sector.“India’s life sciences sector is moving from aspiration to execution. CEOs are scaling AI and digital transformation, pursui…
New Delhi, Jan 16 (IANS) India ranks fourth globally in public confidence that the country is headed in the right direction, with 81 per cent respondents showing optimism, compared to 48 per cent global average, a report showed on Friday.With strong awareness, understanding and interest in responsible business and ESG, India holds organisations to high standards, with 89 per cent respondents ranking it as highly important, versus global average of 80 per cent, according to the fifth annual globa…