India’s Data Centre Industry to Grow to Dollar 6.8 Billion by FY30
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,...
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...
India’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...
AVer 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...
Sensex, 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...
Lt 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...
Capital 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...
Navin’s Unveils Growth Roadmap at Channel Partner Meet 2026
Chennai, July 1: Navin’s hosted its Channel Partner Meet on 25th June 2026 at Chennai, bringing together channel partners for an evening of business engagement, industry discussions, and recognition. The event reaffirmed the company’s commitment to building a strong partner ecosystem rooted in trust, collaboration, and shared growth. Addressing the...
FASTag 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...
FM Nirmala Sitharaman Begins France Visit to Boost Economic and Investment Ties
New Delhi, July 1: Union Finance Minister and Minister for Corporate Affairs Nirmala Sitharaman has begun an official visit to France aimed at strengthening India–France economic cooperation and expanding investment, technology, and innovation partnerships. During the visit, she will co-chair the India–France Economic and Financial Dialogue (EFD) in Aix-en-Provence...