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Tata Consultancy Services (TCS) has entered into a five-year strategic agreement with Porsche to accelerate AI adoption ...
25/08/2026

Tata Consultancy Services (TCS) has entered into a five-year strategic agreement with Porsche to accelerate AI adoption across engineering, manufacturing, operations and customer experience. As part of the deal, TCS will also set up a dedicated AI Mobility Centre of Excellence for Porsche.
TCS will acquire Porsche’s IT and management consulting subsidiary MHP for €320 million, around ₹3,574 crore. The five-year agreement with Porsche is worth €1.25 billion, nearly ₹14,000 crore, and the acquisition is subject to regulatory approvals.

GMR Airports is planning to invest up to $2 Billion over the next 5–7 years to expand and modernise its Delhi and Hydera...
24/08/2026

GMR Airports is planning to invest up to $2 Billion over the next 5–7 years to expand and modernise its Delhi and Hyderabad airport facilities. The investment will help increase capacity and meet rising passenger demand.
The company plans to allocate around ₹13,800 crore for Hyderabad and up to ₹5,600 crore for Delhi, including IGI Airport. India’s aviation market is also expected to see strong growth in the coming years.

The Indian government has launched an offer for sale (OFS), allowing investors to acquire a 2.5% stake in insurance gian...
20/08/2026

The Indian government has launched an offer for sale (OFS), allowing investors to acquire a 2.5% stake in insurance giant Life Insurance Corporation of India (LIC), with an option to divest an additional 4% under the greenshoe option.
Non-retail investors were allowed to bid during Tuesday’s market session, while the offer will open to retail investors on Wednesday
The floor price for the OFS has been set at Rs 382 per share, according to a post by the Department of Investment and Public Asset Management (DIPAM) on X.
DIPAM Secretary Arunish Chawla said the divestment would help LIC achieve its minimum public shareholding milestones ahead of schedule.
The government currently holds about 96.5% in the insurer, which was listed on the stock exchanges in May 2022 through what was then India’s largest-ever initial public offering (IPO).
Notably, the OFS is expected to increase LIC’s public shareholding and help it meet the 10% minimum public shareholding ahead of the May 2027 deadline.
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India’s space sector is seeing strong growth, with around 440 space technology startups now registered on the DPIIT Star...
17/08/2026

India’s space sector is seeing strong growth, with around 440 space technology startups now registered on the DPIIT Start-up India Portal. The government is also encouraging more private participation through IN-SPACe.
Private investment in the sector has surged nearly six-fold, rising from $100.5 million in FY22 to $618.5 million by March 2026. The growth highlights increasing investor confidence in India’s private space ecosystem.

Under N. Chandrasekaran’s tenure, Tata Sons recorded nearly ₹2.71 lakh crore in cumulative dividend income, including pr...
14/08/2026

Under N. Chandrasekaran’s tenure, Tata Sons recorded nearly ₹2.71 lakh crore in cumulative dividend income, including proceeds from share buybacks, from FY17 to FY26.
A major portion came from TCS, which contributed around ₹2.48 lakh crore through dividends and share buybacks during the period. Tata Sons also used these cash flows to invest in businesses such as Tata Digital, Tata Electronics and Air India.

Maruti Suzuki will invest ₹561 crore to set up four biogas plants as part of its efforts to expand the use of cleaner an...
11/08/2026

Maruti Suzuki will invest ₹561 crore to set up four biogas plants as part of its efforts to expand the use of cleaner and renewable energy. The company aims to strengthen its focus on sustainable mobility and reduce its environmental impact.
Chairman R.C. Bhargava said the plants will support Maruti Suzuki’s long-term green energy plans and help promote biogas as an alternative fuel source.

Microsoft has launched its largest data centre region in India in Hyderabad, expanding its cloud infrastructure to meet ...
10/08/2026

Microsoft has launched its largest data centre region in India in Hyderabad, expanding its cloud infrastructure to meet the growing demand for AI and cloud services. The new India South Central region takes Microsoft’s cloud presence in India to four regions.
The facility is already being used by early customers including Adani Group, Bajaj Finserv, HDFC Bank and PB Pay. Microsoft says the expansion gives customers more options to run cloud services and AI workloads within India.

| 🚨 Real GDP growth now projected at 6.6%, 10 bps higher than previous predictions.RBI Governor Sanjay Malhotra said, ...
05/08/2026

| 🚨 Real GDP growth now projected at 6.6%, 10 bps higher than previous predictions.
RBI Governor Sanjay Malhotra said, "Services, investment to support growth; trade deals to boost external demand."
He added that resilience in domestic activity is also reflected in an expansion in services PMI.
Training Academy News

BREAKING | The RBI has kept the repo rate unchanged at 5.25% while retaining its neutral policy stance. RBI Governor San...
05/08/2026

BREAKING | The RBI has kept the repo rate unchanged at 5.25% while retaining its neutral policy stance.
RBI Governor Sanjay Malhotra announced India's real GDP growth for FY27 is now projected at 6.6%, while CPI inflation has been revised down to 5%, 10 basis points lower than the previous estimate.
Core inflation is expected at 4.3% for the financial year and is likely to ease after peaking in Q3, even as the Governor noted that growth, though resilient, is expected to be lower this fiscal.
Training Academy News

India has approved a ₹5,070 crore scheme to develop 5,000 MW of floating solar projects on reservoirs and other inland w...
03/08/2026

India has approved a ₹5,070 crore scheme to develop 5,000 MW of floating solar projects on reservoirs and other inland waters. The initiative also includes 10,000 MWh of energy storage to improve clean energy reliability.
By using reservoirs and inland waters instead of large land areas, the project aims to expand renewable energy capacity while making better use of existing infrastructure. The scheme aims to achieve this by 2030-31.

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