Entrepreneur News Network

Leadership Moves This Week: Mars, Lupin, Hexaware, BSE, PwC, KPMG, Alight Solutions & More Announce Key Executive Appointments

Leadership Moves

India Inc. continues to strengthen its leadership teams as organizations across the FMCG, healthcare, financial services, technology, consulting, and capital markets sectors announce a series of senior executive appointments and leadership elevations. The latest appointments reflect a growing emphasis on innovation, digital transformation, artificial intelligence (AI), governance, research & development, business growth, and strategic talent … Read more

HCLTech expands India footprint with Global Technology Center in GIFT City

HCLTech

Ahmedabad: HCLTech, one of the world’s leading technology companies, has inaugurated its Global Technology Center in GIFT City, Gujarat, marking a significant expansion of its artificial intelligence (AI) and digital engineering capabilities in India. The new center will develop AI-led solutions for global financial services clients while serving as a hub for technology innovation, research, … Read more

Madison Air Solutions Raises $2.23 Billion in Landmark IPO to Capitalize on AI Data Centre Boom

Data Center

New York: Madison Air Solutions (NYSE: MAIR) has raised $2.23 billion through its initial public offering (IPO), making it the largest U.S. industrial IPO since 1999. The offering values the company at $13.2 billion, underscoring growing investor confidence in businesses supporting the rapid expansion of artificial intelligence (AI) infrastructure. Rather than competing in the AI … Read more

Whale Raises $40 Million in Series C Extension, Total Series C Funding Reaches $100 Million

Singapore's Whale

Singapore: Enterprise artificial intelligence (AI) company Whale has secured $40 million in a Series C extension, taking its total Series C funding to $100 million. The fresh capital will support the company’s international expansion across North America, Europe, and the Middle East, while strengthening its AI-powered enterprise operations platform. The latest funding round underscores growing … Read more

Uttar Pradesh to Develop India’s Largest Robotics & AI Manufacturing Hub in Noida

Yogi Adityanath

Lucknow: The Uttar Pradesh Government is preparing a major push into artificial intelligence (AI), robotics, quantum computing, semiconductor design, and other frontier technologies with plans to establish India’s largest integrated robotics and advanced manufacturing hub in Noida. The ambitious initiative forms part of the state’s broader strategy to position Uttar Pradesh as a national leader … Read more

Union Cabinet Approves Semicon 2.0 with ₹1.27 Lakh Crore Outlay to Accelerate India’s Semiconductor Ecosystem

Semicon

New Delhi: In a major push towards making India a global semiconductor manufacturing and design hub, the Union Cabinet, chaired by Prime Minister Narendra Modi, has approved Semicon 2.0, the next phase of the India Semiconductor Programme under the India Semiconductor Mission (ISM). The initiative comes with a total budget outlay of ₹1,27,500 crore, aimed … Read more

Tech Mahindra Reports 28% Growth in Q1 FY27 Profit, Deal Wins Cross $1 Billion for Third Consecutive Quarter

Tech Mahindra

Pune: IT services company Tech Mahindra reported a strong financial performance for the first quarter of FY27, with consolidated net profit rising 28% year-on-year to ₹1,465 crore, supported by robust deal wins, expanding margins, and growing demand for AI-led digital transformation services. The company also posted 17.7% year-on-year growth in consolidated revenue, which increased to … Read more

Mandrake Bio Raises ₹16 Crore in Pre-Seed Funding to Advance AI-Powered Protein Design Platform

Mandrake Bio

Bengaluru: AI-driven biotechnology startup Mandrake Bio has secured approximately ₹16 crore in a pre-seed funding round co-led by Activate and Antler, marking a significant milestone in its mission to develop next-generation programmable gene-editing technologies. The funding round also attracted participation from Spectrum Impact and DeVC, along with notable angel investors including Vijay Chandru, Paras Chopra, … Read more

India’s AI Boom Has a Cooling Problem Nobody’s Solved Yet — And It’s Not About Chips or Capital

India's AI Boom

Bengaluru: India’s data centre industry is racing to build AI-ready infrastructure worth billions of dollars, but a critical engineering challenge is rapidly emerging behind the scenes—how to efficiently cool next-generation AI servers without placing unsustainable pressure on the country’s electricity and water resources. As hyperscalers, cloud providers and enterprises accelerate investments in GPU-powered infrastructure, cooling … Read more

Naqi Logix Appoints Dino Mariutti to Board of Directors to Accelerate Global AI-Neurotechnology Growth

Dino Mariutti

Vancouver, Canada: AI-neurotechnology company Naqi Logix Inc. has announced the appointment of Dino Mariutti to its Board of Directors and as Chair of the Audit Committee, strengthening the company’s leadership as it expands its global commercialization strategy and AI-powered neural interface platform. The appointment comes as Naqi Logix accelerates the development and international deployment of … Read more

Cribl Acquires Israeli Cybersecurity Startup CardinalOps to Strengthen AI-Powered Security Platform

Cribl Founder

San Francisco | Tel Aviv: U.S.-based telemetry management company Cribl has announced the acquisition of Israeli cybersecurity startup CardinalOps, strengthening its artificial intelligence-driven cybersecurity platform and expanding its global operations. While the companies did not officially disclose the financial terms of the transaction, industry estimates value the deal at approximately $100 million. The acquisition is … Read more

TCS Launches AI-Powered Autonomous Engineering Lab with NVIDIA in Bengaluru

TCS

Bengaluru | Mumbai: Tata Consultancy Services (TCS), a global leader in IT services, consulting, and business solutions, has launched the TCS Autonomous Engineering Lab Powered by NVIDIA at its Global Axis campus in Bengaluru. The new facility will function as a dedicated Physical AI hub designed to accelerate the development, testing, and deployment of AI-driven … Read more

Spain’s Submer Group to Invest ₹19,000 Crore in Madhya Pradesh Semiconductor and Data Centre Ecosystem

Submer Group

Bhopal: Spain-based Submer Group has announced a ₹19,000 crore investment in Madhya Pradesh to develop semiconductor and data centre infrastructure, marking one of the state’s largest technology investments to date. The project is expected to generate nearly 5,000 direct employment opportunities while strengthening India’s rapidly growing semiconductor and digital infrastructure ecosystem. The announcement was made … Read more

Karnataka to Launch India’s First Government-Led AI University and AI Hub

Karnataka

Bengaluru: Karnataka has announced plans to establish India’s first government-led Artificial Intelligence (AI) University along with a dedicated AI Hub, reinforcing the state’s ambition to become a global centre for artificial intelligence, innovation, and advanced technology. The announcement was made by Chief Minister D.K. Shivakumar while inaugurating Google I/O Connect India 2026 at the Bangalore … Read more

ILO Report: Nearly 80 Million ASEAN Workers Could Be Impacted by Generative AI, But Mass Job Losses Unlikely

ILO

Singapore: Generative artificial intelligence (GenAI) is expected to reshape the future of work across Southeast Asia, with nearly 80 million workers in ASEAN employed in occupations that have at least some level of exposure to AI technologies, according to a new report released by the International Labour Organization (ILO). Despite the growing influence of AI, … Read more

Robo.ai Appoints Former INTERPOL President Ahmed Naser Al-Raisi as Chairman of Neurovia AI

Ahmed Naser Al-Raisi

Dubai: Artificial intelligence company Robo.ai Inc. has appointed H.E. Ahmed Naser Al-Raisi, the former President of INTERPOL, as the Chairman of Neurovia AI, its recently integrated subsidiary. The appointment takes immediate effect and marks a significant step in strengthening the company’s leadership, governance, and AI security capabilities. The move reflects Robo.ai’s strategy to build trusted … Read more

HCLTech Enters Full-Stack AI Market with ₹3,500 Crore Investment in AI Data Centres

HCL Tech

Noida: HCLTech has announced its entry into the rapidly growing full-stack artificial intelligence (AI) market, backed by a planned investment of up to ₹3,500 crore to establish AI data centres in India. The company said the strategic investment will enable it to deliver end-to-end AI infrastructure, cloud, software, and managed services to enterprises and government … Read more

TCS Expands 20-Year Partnership with ABB to Deliver AI-Powered Global Network Operations

TCS

Mumbai/Zurich: Tata Consultancy Services (TCS), a global IT services, consulting, and business solutions company, has announced an expanded strategic partnership with global electrification and automation leader ABB to modernize the company’s worldwide network operations. The multi-million, multi-year engagement marks the next phase of a collaboration spanning more than two decades. Under the new agreement, TCS … Read more

LTM Partners with Anthropic to Accelerate Claude Adoption and Expand Enterprise Delivery

LTM

Mumbai: AI-centric technology services company LTM, part of the Larsen & Toubro (L&T) Group, has announced a strategic partnership with Anthropic, the artificial intelligence company behind the Claude family of AI models. The collaboration aims to help enterprises accelerate the adoption of Claude, Claude Code, and Claude Cowork across software engineering, application modernization, and business … Read more

India’s Data Centre Boom: The $120 Billion Bet That Could Make It Asia’s Next Digital Powerhouse

Data Centre

A new KPMG in India report maps how the country is moving from a data-hungry importer to a global data centre hub — and why AI is rewriting the blueprint for every server room in between. For years, India’s relationship with data has had an odd asymmetry: the country generates roughly a fifth of the … Read more