technology investment

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    Kal Somani Acquires Rajasthan Royals Franchise

    New Delhi, March 24 – In a significant development for the Indian Premier League (IPL), a US-based consortium led by tech entrepreneur Kal Somani has reportedly agreed to acquire a 100% stake in Rajasthan Royals for a record $1.63 billion (₹ 13,500 crore).This deal represents the largest...
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    Digitalisation of Kirana Stores: Jumbotail and NEC Collaboration

    New Delhi, March 3 B2B e-commerce firm Jumbotail Technologies and Japan-based NEC Corporation have partnered to provide enterprise-grade digitalization tools to kirana stores in India, according to a joint statement issued on Tuesday.As part of this partnership, NEC will make an undisclosed...
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    Government Offers Incentives to Boost iPhone Production in Pakistan

    Islamabad, February 19 Pakistan has agreed to provide incentives to the American tech giant Apple to start manufacturing iPhones in the country, a media report said on Thursday.Apple has also agreed to refurbish iPhones in Pakistan for re-export under the new framework. The government expects...
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    Supporting India's Innovation: Qualcomm's Research Investment

    New Delhi, February 19 Chip company Qualcomm Technologies has pledged to invest Rs 90 crore over the next five years to support research programs in India, which will be jointly identified by the company and Anusandhan National Research Foundation, the US-based firm said on Thursday.Under this...
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    Ambani Announces $10 Billion AI Investment to Make Technology Affordable

    New Delhi, February 19 Mukesh Ambani, the billionaire, announced on Thursday an investment of ₹10 lakh crore in artificial intelligence over the next seven years, pledging to leverage AI in a way that Jio has made mobile and internet data affordable and accessible across India.Speaking at the...
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    India's Growing AI Opportunity: Zscaler CEO's Insights

    New Delhi, February 18 India has gained significant momentum in creating opportunities for AI through proactive policies, and the country's businesses can benefit from the new "mega wave" of technology, Zscaler, Inc. CEO, Chairman, and Founder Jay Chaudhry said on Wednesday.Speaking at the AI...
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    Bihar Government Secures Rs 468 Crore in AI Investments

    New Delhi, February 17 The Bihar government has signed initial agreements with technology companies and IIT Patna at the India AI Impact Summit here for investments worth Rs 468 crore across several projects, including a research park.According to an official statement, the Bihar government...
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    Union Minister Vaishnaw: AI Summit Attracts Global Investment and Youth Innovation

    New Delhi, February 17 – Union Minister Ashwini Vaishnaw stated on Tuesday that the five-day AI Impact Summit presents a unique opportunity for India's technologically skilled youth to develop solutions for global challenges. He also expressed pride in hosting the largest gathering of technology...
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    Kunal Bahl Predicts Significant Expansion of Indian Tech Companies

    New Delhi, February 13 Titan Capital and AceVector Co-Founder Kunal Bahl predicted on Friday a "shift in focus" for India's startup ecosystem, stating that new-age technology companies are likely to account for 8-10 per cent of the country's total listed market capitalization in the next decade...
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    AI-Powered Platform Gains Traction with Early User Growth

    New Delhi, February 11 UAE-based Trueledger Technologies FZE has expressed interest in making strategic investments, potentially up to 20 per cent of the stake, in Silverline Technologies, according to a regulatory filing on Wednesday.Silverline stated that the proposed investment is intended...
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    TMB Shifts Staff to Sales Amid Tech Investment

    Mumbai, February 11 Tamilnad Mercantile Bank will reallocate more than half of its staff towards sales as it shifts its focus from maintaining long-standing customer relationships to increasing revenues, a top official said.This will be done through technology-led investments, which will lead...
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