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"We Are Largest Private Investor In Bihar": Pranav Adani At 'Bihar Business Connect 2024'
Pranav Adani, the Managing Director of agro, oil and gas and Director of Adani Enterprises on Friday unveiled a massive Rs 27,900 crore investment plan for Bihar, with the potential of creating 53,500 jobs in the state.
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Sony to Become Top Shareholder of FromSoftware Parent Kadokawa
Through the capital alliance, Sony and Kadokawa plan to strengthen their collaboration, such as joint investments in the content field.
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Adani Group Plans Rs 20,000 Crore Investment To Set Up Power Plant In Bihar: Pranav Adani
The Adani Group plans to invest Rs 20,000 crore to set up a thermal power plant in Bihar, said Adani Enterprises Director Pranav Adani on Friday.
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Adani Group Announces Rs. 7.5 Lakh Crore Investment Plan For Rajasthan
Karan Adani, Managing Director of Adani Ports and SEZ Ltd, unveiled an ambitious Rs7.5 lakh crore investment plan for Rajasthan at the Rising Rajasthan Global Summit.
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Apple Plans $1 Billion Manufacturing Plant Investment in Indonesia, Minister Says
Apple plans to invest $1 billion in a manufacturing plant in Indonesia that produces components for the company's handsets and other devices, according to the country's investment minister. Details of the investment were still being ironed out, investment minister Rosan Roeslani told reporters on Thursday.
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OnePlus Announces Project Starlight Initiative With Rs. 6,000 Crore Investment in India
OnePlus has unveiled a new initiative called Project Starlight, committing to invest Rs. 6,000 crore in India over the coming three years. The investment aims to enhance customer service and device durability, building on the company's existing repair program for smartphones with display issues. OnePlus also says it plans to introduce new features ...
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MapmyIndia Shelves Rs 35 Crore B2C Investment Plan Following Investor Pushback
The decision comes after concerns were raised on the investment plan approved by the company's board on November 29.
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Indonesia Expects $1 Billion Investment Commitment From Apple in a Week
Indonesia's investment minister has announced that the country anticipates a $1 billion investment pledge from Apple within a week. The announcement follows the ban on iPhone 16 sales in the country due to non-compliance with local regulations. While Apple lacks manufacturing facilities in Indonesia, it has established application developer academi...
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Intel CEO Pat Gelsinger's Removal Raises Doubts Over Turnaround Plan
The ousting of Intel CEO Pat Gelsinger has abruptly halted his plans for the company's revival. Investors welcomed the change in leadership, with Intel's stock initially surging up to 6 percent after the announcement, but ultimately settling down by 0.5 percent when markets closed on Monday.
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Government Said to Expand EV Manufacturing Incentives After Tesla Disappointment
India plans to expand electric vehicle incentives to automakers building models at existing factories. India's EV policy, which is still being finalised, was originally designed to encourage Tesla to enter the market and manufacture locally but the US automaker backed off from those plans earlier this year.
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Amazon Doubles Down on AI Startup Anthropic With Another $4 Billion
Amazon has invested another $4 billion into Anthropic, as the firm plans to captialise on a boom in generative AI technology. The e-commerce giant has doubled its investment in the OpenAI competitor, known for its GenAI chatbot Claude, but it will remain a minority investor in the firm.
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Apple Said to Offer $100 Million to Undo Indonesia iPhone 16 Ban
After Apple submitted its increased offer, Indonesia’s Ministry of Industry, which last month blocked a permit allowing the sale of the iPhone 16, is now demanding that the technology behemoth alter its investment plans to focus more on research and development for its smartphones in the country, the people said.
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AMD to Cut Four Percent of Global Workforce as it Focusses on AI Chip Development
AMD is laying off about 1,000 employees, as it directs efforts towards developing AI chips. AMD plans to start mass production of a new version of its artificial-intelligence chip called the MI325X in the fourth quarter of the year.
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ED Said to Summon Amazon, Flipkart Executives as Regulatory Scrutiny Grows
The planned action signals growing regulatory scrutiny of Walmart-owned Flipkart and Amazon when their sales are rapidly growing in India's $70 billion (roughly Rs. 5,93,614 crore) e-commerce market. An Indian antitrust investigation also found the two companies breached laws by favouring select sellers,
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"National Security Risk": Canada Orders Shutdown Of TikTok's Offices
Ottawa last year began reviewing TikTok's plan to invest and expand its business in Canada. ByteDance is TikTok's Chinese parent company.
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"We Are Largest Private Investor In Bihar": Pranav Adani At 'Bihar Business Connect 2024'
Pranav Adani, the Managing Director of agro, oil and gas and Director of Adani Enterprises on Friday unveiled a massive Rs 27,900 crore investment plan for Bihar, with the potential of creating 53,500 jobs in the state.
-
Sony to Become Top Shareholder of FromSoftware Parent Kadokawa
Through the capital alliance, Sony and Kadokawa plan to strengthen their collaboration, such as joint investments in the content field.
-
Adani Group Plans Rs 20,000 Crore Investment To Set Up Power Plant In Bihar: Pranav Adani
The Adani Group plans to invest Rs 20,000 crore to set up a thermal power plant in Bihar, said Adani Enterprises Director Pranav Adani on Friday.
-
Adani Group Announces Rs. 7.5 Lakh Crore Investment Plan For Rajasthan
Karan Adani, Managing Director of Adani Ports and SEZ Ltd, unveiled an ambitious Rs7.5 lakh crore investment plan for Rajasthan at the Rising Rajasthan Global Summit.
-
Apple Plans $1 Billion Manufacturing Plant Investment in Indonesia, Minister Says
Apple plans to invest $1 billion in a manufacturing plant in Indonesia that produces components for the company's handsets and other devices, according to the country's investment minister. Details of the investment were still being ironed out, investment minister Rosan Roeslani told reporters on Thursday.
-
OnePlus Announces Project Starlight Initiative With Rs. 6,000 Crore Investment in India
OnePlus has unveiled a new initiative called Project Starlight, committing to invest Rs. 6,000 crore in India over the coming three years. The investment aims to enhance customer service and device durability, building on the company's existing repair program for smartphones with display issues. OnePlus also says it plans to introduce new features ...
-
MapmyIndia Shelves Rs 35 Crore B2C Investment Plan Following Investor Pushback
The decision comes after concerns were raised on the investment plan approved by the company's board on November 29.
-
Indonesia Expects $1 Billion Investment Commitment From Apple in a Week
Indonesia's investment minister has announced that the country anticipates a $1 billion investment pledge from Apple within a week. The announcement follows the ban on iPhone 16 sales in the country due to non-compliance with local regulations. While Apple lacks manufacturing facilities in Indonesia, it has established application developer academi...
-
Intel CEO Pat Gelsinger's Removal Raises Doubts Over Turnaround Plan
The ousting of Intel CEO Pat Gelsinger has abruptly halted his plans for the company's revival. Investors welcomed the change in leadership, with Intel's stock initially surging up to 6 percent after the announcement, but ultimately settling down by 0.5 percent when markets closed on Monday.
-
Government Said to Expand EV Manufacturing Incentives After Tesla Disappointment
India plans to expand electric vehicle incentives to automakers building models at existing factories. India's EV policy, which is still being finalised, was originally designed to encourage Tesla to enter the market and manufacture locally but the US automaker backed off from those plans earlier this year.
-
Amazon Doubles Down on AI Startup Anthropic With Another $4 Billion
Amazon has invested another $4 billion into Anthropic, as the firm plans to captialise on a boom in generative AI technology. The e-commerce giant has doubled its investment in the OpenAI competitor, known for its GenAI chatbot Claude, but it will remain a minority investor in the firm.
-
Apple Said to Offer $100 Million to Undo Indonesia iPhone 16 Ban
After Apple submitted its increased offer, Indonesia’s Ministry of Industry, which last month blocked a permit allowing the sale of the iPhone 16, is now demanding that the technology behemoth alter its investment plans to focus more on research and development for its smartphones in the country, the people said.
-
AMD to Cut Four Percent of Global Workforce as it Focusses on AI Chip Development
AMD is laying off about 1,000 employees, as it directs efforts towards developing AI chips. AMD plans to start mass production of a new version of its artificial-intelligence chip called the MI325X in the fourth quarter of the year.
-
ED Said to Summon Amazon, Flipkart Executives as Regulatory Scrutiny Grows
The planned action signals growing regulatory scrutiny of Walmart-owned Flipkart and Amazon when their sales are rapidly growing in India's $70 billion (roughly Rs. 5,93,614 crore) e-commerce market. An Indian antitrust investigation also found the two companies breached laws by favouring select sellers,
-
"National Security Risk": Canada Orders Shutdown Of TikTok's Offices
Ottawa last year began reviewing TikTok's plan to invest and expand its business in Canada. ByteDance is TikTok's Chinese parent company.
