Author: News Desk
PM Modi Highlights Tamil Nadu’s Role in Amrit Bharat Station Scheme Prime Minister Narendra Modi, during a rally in Thoothukudi on Saturday, July 26, spoke extensively about the Amrit Bharat Station Scheme (ABSS)—a flagship railway infrastructure initiative launched in 2022 to transform Indian railway stations into modern, accessible, and passenger-friendly hubs. What is the Amrit Bharat Station Scheme? The Amrit Bharat Station Scheme (ABSS) is a long-term plan introduced by the Ministry of Railways to revamp over 1,300 stations across India. Unlike earlier projects that focused on limited upgrades, ABSS adopted a holistic approach to transform railway stations into future-ready,…
French multinational Schneider Electric has announced plans to acquire the remaining 35% stake in its Indian joint venture from Temasek Holdings for €5.5 billion ($6.4 billion) in cash. With this move, the company will assume full ownership of Schneider Electric India, further reinforcing its strategic commitment to the Indian market. The acquisition marks a significant step in Schneider’s long-term strategy, as India represents the company’s third-largest market globally. Full control, according to Schneider, will allow for faster decision-making and more agile operations in the region. “This transaction is the logical next step in Schneider Electric’s strategic investment focus on India — a key domestic growth market and a vital hub in our global…
Mozilor Limited, a UK-headquartered SaaS company that originated from Kerala, has launched its new global operations hub at SmartCity Kochi. The facility was inaugurated by Susanth Kurunthil, CEO of Infopark Kochi, in the presence of company leadership and local dignitaries. Mozilor was founded in 2017 by Anvar T K and Faseela at the NIT Calicut campus, with a vision to create privacy-first, inclusive digital products. Today, it supports over 20 lakh websites worldwide and serves a wide range of clients—from Fortune 500 companies and government institutions to universities and financial organizations. “This centre represents our commitment to building from Kerala for the world,” said Mozilor co-founder Anvar T K. “It’s a proud homecoming and a…
Railway Minister Ashwini Vaishnaw on Wednesday announced that 17,000 non-AC general and sleeper class coaches will be added to the Indian Railways fleet over the next five years, boosting capacity and comfort for millions of budget-conscious travelers. In a written reply in the Lok Sabha, Vaishnaw emphasized that non-AC coaches already form around 70% of Indian Railways’ 82,200-coach fleet—roughly 57,200 coaches, compared to 25,000 AC bogies. “Railways has significantly increased the facilities for passengers demanding general class travel,” the Minister said. Growth in General Class Travel The rise in non-AC infrastructure is in response to surging demand in general and unreserved compartments. According to the Railway Ministry: The number of…
Adani Group Chairman Gautam Adani has called for a stronger India-Vietnam economic partnership, highlighting Vietnam’s emergence as a key player in energy, ports, and aviation. His comments followed a high-level meeting with Vietnamese Communist Party General Secretary To Lam, signaling the Indian conglomerate’s growing interest in Southeast Asia. “It was a privilege to meet H.E. To Lam, General Secretary of the Communist Party of Vietnam. His bold reforms and visionary agenda to position Vietnam as a regional leader… reflect exceptional strategic foresight,” Adani said in a post on X (formerly Twitter). “We look forward to contributing to this transformative journey and enabling deeper…
In a bold move that sets it apart from industry peers, Infosys plans to hire 20,000 fresh graduates in 2025, according to CEO Salil Parekh, as part of a broader strategy to embrace artificial intelligence (AI) and invest in next-gen talent. The announcement comes at a time when India’s IT sector is facing turbulence, with companies like TCS slashing jobs and Nasscom signaling “workforce rationalisation.” However, Infosys is taking a different route. “We’re investing in people and technology with a long-term view,” said Parekh in an interview cited by The Times of India. Training the AI Workforce Infosys has already trained 2.75 lakh employees in AI and related technologies. The upskilling spans all levels—from…
In a landmark move that blends big tech with sustainable infrastructure, Google (Alphabet Inc.) is set to invest $6 billion in India’s southern state of Andhra Pradesh to build its first data centre in the country, according to government sources. The project, located in the coastal city of Visakhapatnam, will be Google’s largest data centre in Asia, both in terms of capacity (1 GW) and investment. The plan also includes a $2 billion investment in renewable energy, intended to power the facility and align with Google’s global sustainability goals. Big Tech Meets Green Power With a capacity of 1 gigawatt,…
Shailesh Jejurikar, an India-born executive and current Chief Operating Officer of Procter & Gamble (P&G), is set to take over as the CEO and President of the global consumer goods giant on January 1, 2026. With this appointment, Jejurikar will become the first India-born CEO in P&G’s nearly two-century history—marking a significant moment for global leadership and Indian corporate influence. From Assistant Brand Manager to Global Chief Jejurikar’s P&G journey began in 1989 when he joined the company as an Assistant Brand Manager in India. Over the next three decades, he rose through the ranks, managing operations across continents, leading iconic product categories like Tide, Ariel, and Downy, and most recently serving…
In a groundbreaking move for the Middle East and North Africa (MENA) region, Abu Dhabi has launched commercial self-driving taxi services accessible via the Uber app. The autonomous fleet now operates on Al Reem and Al Maryah Islands, two of the city’s busiest business, residential, and financial hubs, marking a significant expansion of the emirate’s ambitious smart transport project. From Trial to Real Roads: Autonomous Taxis Now Serving Central Abu Dhabi The autonomous taxi initiative began in late 2024 with a small fleet operating on Saadiyat and Yas Islands. Since then, the service has rapidly scaled up and moved into more complex, high-traffic…
Federal Bank has partnered with fintech companies M2P Fintech and MinkasuPay to launch India’s first biometric authentication solution for e-commerce card transactions. This enables customers to authenticate purchases using fingerprint or Face ID instead of one-time passwords (OTPs). Faster and more secure checkoutThe solution reduces transaction time to 3–4 seconds while ensuring high security. It combines convenience with safety by eliminating OTPs, replacing them with device biometrics for quicker and seamless authentication. Compliance and compatibilityThe system adheres to RBI’s two-factor authentication norms and includes OTP fallback if biometrics fail. Customers can opt in with one-time consent during checkout. It works…
