business news - Entrepreneur News Network

Vertiv Expands Italy Manufacturing to Meet Rising AI Data Center Cooling Demand

August 4, 2026 by Ruchi Kumar

Padua, Italy: Critical digital infrastructure provider Vertiv has announced new investments at its Tognana campus near Padua, Italy, aimed at expanding manufacturing capacity and advanced testing capabilities for data center cooling systems. The expansion comes as demand for AI-ready infrastructure and high-density computing continues to surge worldwide. Vertiv expects the investment to double its chiller … Read more

Dabur Collaborates with Accenture to Accelerate AI-Led Reinvention

August 4, 2026 by Ruchi Kumar

New Delhi, India: FMCG major Dabur India Limited has announced a multi-year strategic collaboration with Accenture to accelerate enterprise-wide artificial intelligence (AI) adoption, strengthen data-driven decision-making, and build a future-ready digital business. The partnership marks the next phase of Dabur’s digital transformation journey, with a focus on integrating AI across core business functions to improve … Read more

PUMA Expands India Tech Presence with New Global Capability Centre in Pune

August 4, 2026 by Ruchi Kumar

Pune, India: Global sportswear giant PUMA Group is strengthening its technology footprint in India with the launch of a new Global Capability Centre (GCC) TechHub in Pune, reinforcing the country’s growing role as a strategic hub for digital engineering, artificial intelligence (AI), and product innovation. The new centre will support PUMA’s global retail and e-commerce … Read more

Yuvraj Singh Joins Healthtech Startup UN:BLOC as Investor and Founding Team Member

August 3, 2026 by Ruchi Kumar

Gurugram, India: Former Indian cricketer Yuvraj Singh has joined UN:BLOC, the new healthcare venture founded by serial entrepreneur Deepak Sahni, as an investor and a member of the company’s founding team. The partnership marks the second entrepreneurial collaboration between the two after their successful association with healthtech company Healthians. The move highlights the growing interest … Read more

Kaapi Machines Raises ₹50 Crore from Sedna HoReCa to Expand Coffee Equipment and HoReCa Solutions Business

August 3, 2026 by Ruchi Kumar

Mumbai, India: Coffee equipment and services company Kaapi Machines has secured a ₹50 crore equity investment from Sedna HoReCa (Sedna), a private equity-backed B2B HoReCa solutions provider. Alongside the investment, both companies have entered into a strategic partnership aimed at accelerating growth in India’s rapidly expanding coffee and hospitality industry. The partnership is expected to … Read more

Germany’s Agile Robots Takes Majority Control of XNG Automation

August 3, 2026 by Ruchi Kumar

Bengaluru, India: AI-powered robotics company Agile Robots has acquired a majority stake in Bengaluru-based XNG Automation, strengthening its presence in India’s fast-growing industrial automation market and accelerating the adoption of intelligent manufacturing solutions. The acquisition will enable Agile Robots to combine its advanced robotics and artificial intelligence technologies with XNG Automation’s expertise in factory automation, … Read more

PM Modi to Lay Foundation Stone for Andhra Pradesh’s First Semiconductor Facility by ASIP Technologies

August 1, 2026 by Ruchi Kumar

Visakhapatnam, India: Prime Minister Narendra Modi is set to lay the foundation stone for ASIP Technologies’ ₹2,388 crore semiconductor facility in Visakhapatnam, Andhra Pradesh, marking a major milestone in India’s ambition to become a global semiconductor manufacturing hub. The project will be the first approved semiconductor facility in Andhra Pradesh under the India Semiconductor Mission … Read more

Salil Parekh to step down as Infosys CEO in March 2027 after nine-year tenure

July 31, 2026 by Ruchi Kumar

Bengaluru, India, July 31, 2026: Infosys Chief Executive Officer Salil Parekh will step down on March 31, 2027, ending a nine-year tenure that helped restore stability at India’s second-largest IT services company and positioned it for the next phase of artificial intelligence-driven growth. Parekh will hand over the role to Ashiss Kumar Dash on April … Read more

Singapore’s ADA acquires India’s Algonomy to expand AI retail decisioning across 34 markets

July 31, 2026 by Ruchi Kumar

Singapore/Bengaluru: AI and data company ADA has completed the acquisition of Algonomy, a Bengaluru-headquartered AI retail decisioning platform, in a strategic move aimed at expanding its global footprint and strengthening its enterprise AI capabilities. While the companies did not disclose the financial terms of the transaction, the acquisition significantly enhances ADA’s portfolio by integrating advanced … Read more

Southeast Asia’s Top Payment Startups Raise Over $2.7 Billion as Investor Confidence in Fintech Remains Strong: Tracxn

July 30, 2026 by Ruchi Kumar

Singapore: Southeast Asia’s payments ecosystem continues to attract strong investor confidence, with the region’s 12 most-funded active payment startups collectively raising more than $2.7 billion in equity funding, according to a new report by market intelligence platform Tracxn. The report highlights the rapid evolution of Southeast Asia’s fintech landscape, where payment companies are building solutions … Read more

India’s Economy Is Growing at 7.4%. Its Tax Take Is Shrinking. Here’s Why.

July 30, 2026 by Ruchi Kumar

India’s real GDP is estimated to grow 7.4% in FY 2025-26, one of the fastest rates of any large economy — the IMF has its own forecast at 7.3%. Gross Goods and Services Tax collections in the same year came in at roughly ₹22 lakh crore, up 8.3% on the previous year. April 2026 set … Read more

SK Telecom Launches SK Hyper to Accelerate AI Data Center Expansion

July 30, 2026 by Ruchi Kumar

Seoul: South Korean telecom giant SK Telecom (NYSE: SKM) is making one of its most ambitious bets on artificial intelligence infrastructure with the launch of SK Hyper, a wholly owned subsidiary dedicated to developing hyperscale AI data centers across South Korea. The company’s Board of Directors has approved the creation of SK Hyper alongside an … Read more

JPMorgan Reportedly Plans to Hire 1,000 Technology Professionals in India Amid AI and GCC Expansion

July 25, 2026 by Ruchi Kumar

JPMorgan Chase is reportedly planning to recruit around 1,000 technology professionals in India as the global banking giant expands its capabilities in artificial intelligence (AI), cloud computing, and cybersecurity, according to a Moneycontrol report. While the bank has not officially confirmed the hiring target, the reported recruitment drive reflects the growing importance of India’s Global … Read more

Zinnia Appoints Key Kiarie as Chief Financial Officer to Drive Next Phase of Growth

July 22, 2026 by Ruchi Kumar

Zinnia, a leading technology platform serving the life insurance and annuities industry, has appointed Key Kiarie as its new Chief Financial Officer (CFO). The appointment comes as the company continues to expand its carrier and distributor network while strengthening its position in the rapidly evolving insurance technology (InsurTech) market. Kiarie will lead Zinnia’s finance and … Read more

Anant Raj to Demerge Data Centre Business into Separate Listed Entity to Accelerate Digital Infrastructure Growth

July 21, 2026 by Ruchi Kumar

Anant Raj Ltd has announced plans to separate its rapidly growing data centre and cloud services business into a dedicated listed entity, marking a strategic move to unlock value and accelerate growth across both its digital infrastructure and real estate businesses. The company’s Board of Directors has approved a composite scheme of arrangement that will … Read more

HCLTech expands India footprint with Global Technology Center in GIFT City

July 18, 2026 by Ruchi Kumar

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

July 18, 2026 by Ruchi Kumar

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

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

July 16, 2026 by Ruchi Kumar

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

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

July 16, 2026 by Ruchi Kumar

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

Ather Energy Approves ₹1,200 Crore Fundraise; Hero MotoCorp to Increase Stake

July 15, 2026 by Ruchi Kumar

Bengaluru: Electric two-wheeler manufacturer Ather Energy has approved a ₹1,200 crore preferential fundraise, bringing together strategic investments from Hero MotoCorp, the National Investment and Infrastructure Fund (NIIF), and the company’s founders. The capital infusion is expected to support Ather’s expansion plans, strengthen its manufacturing capabilities, and accelerate product innovation. The company’s board has approved the … Read more