BusinessTIRUPATI: Thousands of job seekers across Rayalaseema have a fresh reason to watch the investment scene. Andhra Pradesh has attracted proposals worth ₹11,731.68 crore through 67 MoUs signed at a regional investment conference at Sri City.
Microsoft has reportedly offered voluntary exit packages to about 60,000 employees worldwide, highlighting the growing pressure on the technology giant to reshape its workforce amid heavy investments in artificial intelligence (AI).
KURNOOL: A major solar manufacturing project could put Meedivemula village on India's clean-energy map. Jakson Group plans to invest ₹6,863 crore in a plant to manufacture solar wafers, silicon ingots and solar cells.
HYDERABAD: Telangana is preparing for a major investment push, with more than 550 domestic and international companies invited to its global summit from December 7 to 9. The event will be held at Bharat Future City, with aerospace and defence among the key sectors in focus.
HYDERABAD: Telangana's industrial investment figures are rising, but the bigger question is how quickly that money will reach the ground. The state has cleared proposals worth ₹16,384.5 crore during the current financial year up to early October, covering 1,172 industrial units and a potential 30,511 jobs.
HYDERABAD: Hyderabad wants a bigger slice of India's aerospace and defence business, and Telangana is preparing a new policy to make that happen. Aerospace and Defence Policy 2.0 aims to attract investment in aircraft, drones, defence equipment and advanced technology.
BENGALURU: A US move affecting the employment-based permanent-residency process for major Indian technology companies has brought fresh uncertainty into the careers of professionals who look to America for long-term opportunities.
CHENNAI: A disagreement over family wealth and business ownership has put one of India's prominent industrial families under the spotlight, with the dispute potentially heading towards a legal battle.
BENGALURU: Artificial intelligence is emerging as a powerful new revenue engine for India's largest IT services company, but the technology boom is unfolding against a backdrop of cautious client spending and changing workforce requirements.
MUMBAI: A massive block deal involving ITC has put the cigarette-to-consumer-goods conglomerate back in the market spotlight, with a major overseas investor selling shares worth nearly ₹9,395 crore.
NEW DELHI: For a small manufacturer struggling to raise money for a new production line, advanced machinery or an overseas expansion, access to long-term capital can make the difference between remaining small and becoming a major player.