New Delhi, July 1: India’s data centre industry is projected to grow significantly, reaching an estimated $6.8 billion by FY30, driven by rising digital adoption, cloud computing demand, and expanding data consumption across sectors, according to a recent industry report. The report highlights that rapid digitalisation, increasing internet penetration, and…
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Cabinet Clears Major Tunnel Project in Delhi
New Delhi, July 1: The Union Cabinet has approved a major infrastructure project worth ₹6,969.67 crore for the construction of a six-lane tunnel that will connect the Dwarka Expressway with Nelson Mandela Marg in Delhi. The project is aimed at significantly improving urban connectivity, reducing travel time, and easing traffic…
Continue ReadingIndia’s Passenger EV Registrations Surge 90 pc in Q1 FY27
New Delhi, July 1: India’s passenger electric vehicle (EV) registrations recorded a sharp 90% year-on-year increase in Q1 FY27, reflecting accelerating adoption of clean mobility across the country. The strong growth was driven by rising consumer preference for electric mobility, expanding charging infrastructure, and the introduction of new EV models…
Continue ReadingAVer Expands Global Presence with New South Korea Subsidiary to Accelerate Local Market Growth
Taipei, Taiwan – July 1: AVer Information Inc., an award-winning provider of AI audio-video solutions, today announced the establishment of a new subsidiary in South Korea. This strategic move marks a key milestone in AVer’s continued expansion across Asia and reinforces its commitment to building a robust global organization…
Continue ReadingSensex, Nifty End Higher on FMCG, Banking Boost
Mumbai, July 1: Indian equity benchmarks ended the trading session in positive territory, supported by strong buying interest in FMCG, banking, and realty stocks, which helped lift overall market sentiment. The Sensex and Nifty closed higher as investors remained upbeat amid sectoral strength and selective stock-specific momentum. FMCG stocks led…
Continue ReadingLt Gen Sandeep Jain Assumes Charge as Vice-Chief of the Army Staff
New Delhi, July 1: Lieutenant General Sandeep Jain has assumed charge as the Vice-Chief of the Army Staff, taking over a key leadership position in the Indian Army. An experienced officer with a long and distinguished service record, Lt Gen Jain has held several important command and staff appointments over…
Continue ReadingCapital raising becomes more demanding for private equity fund managers
July 01: Raising capital has become more demanding for private equity fund managers, with increased due diligence requirements and regulatory uncertainty now the biggest barriers in the market, new research* from Ocorian, a leading U.S. and global asset services provider, shows. The study of 300 senior executives at private…
Continue ReadingRoche expands its footprint in Hyderabad
Hyderabad, July 01: Roche today announced its second Digital Tech Hub in India, expanding its global Technology Hub network to Hyderabad alongside its existing site in Pune. The new Tech Hub will be going live in the first quarter of 2027 and plans to scale up over the next few years. “Hyderabad is a destination for an exceptional talent pool, especially…
Continue ReadingFASTag Annual Pass Usage Surges to 19 pc of Toll Traffic
New Delhi | July 2026: The use of FASTag annual passes on Indian highways has increased to 19% of total toll pass traffic, marking a significant rise from around 13% in December 2025, according to data compiled by the Reserve Bank of India (RBI). The total number of vehicle trips…
Continue ReadingIncrease Allocation to Private Markets to Capture Growth Opportunities, say UK Wealth Managers and IFAs
July 01: New research by Wealth Club, the UK’s leading non-advised investment service for high-net-worth individuals, reveals wealth managers and independent financial advisers increasingly agree that exposure to private markets is now a necessity for retail and HNW investors seeking to capture a broader spectrum of growth opportunities – and…
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