Investment
Representation for AI
| March 28, 2024, 9:35 a.m.
Amazon Invests Additional $2.75 Billion in Anthropic, Expanding AI Partnership
Amazon.com Inc. has announced an additional investment of $2.75 billion in Anthropic, an artificial intelligence startup known for its advanced AI tools. This investment, completing a deal initiated last year, brings Amazon's total investment in Anthropic to $4 billion. Anthropic, led by former employees of OpenAI, focuses on developing AI tools for text generation and analysis. The partnership between Amazon and Anthropic includes the use of Amazon Web Services data centers and custom-built computer chips. Anthropic also collaborates with Google and counts businesses like DuckDuckGo and Lonely Planet among its customers.
Read More.| March 17, 2024, 7:55 a.m.
Mother Dairy Announces ₹750 Crore Investment to Expand Operations
Mother Dairy plans to invest ₹650 crore in setting up two new processing plants for milk, fruits, and vegetables, along with an additional ₹100 crore for expanding existing capacities. The investment aims to meet the rising consumer demand and expand distribution networks. The new dairy plant in Nagpur, Maharashtra, and the fruit processing plant in Karnataka are expected to enhance production capacities and serve markets across central and southern regions. Despite challenges, Mother Dairy anticipates a moderate growth rate in the current fiscal year.
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"Dalal Strееt Sеt for IPO Influx: 12 Public Issuеs Flood thе Markеt, 8 Listings Linеd Up This Wееk"
| Dec. 18, 2023, 1:57 p.m.
"Dalal Strееt Sеt for IPO Influx: 12 Public Issuеs Flood thе Markеt, 8 Listings Linеd Up This Wееk"
A surgе of Initial Public Offеrings (IPOs) is anticipatеd this wееk, with 12 public issuеs hitting Dalal Strееt. Thе еxcitеmеnt intеnsifiеs as еight companiеs arе poisеd for stock markеt listings, rеflеcting a dynamic pеriod for invеstors and markеt activity.
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UP government to Spend More than Rs 30,500 crore on 178 projects in Ayodhya "Massive Infrastructural Boost"
| Dec. 12, 2023, 4:38 p.m.
UP government to Spend More than Rs 30,500 crore on 178 projects in Ayodhya "Massive Infrastructural Boost"
In a groundbreaking development, the Uttar Pradesh government is set to invest more than Rs 30,500 crore in 178 diverse projects in Ayodhya. This substantial allocation underscores a comprehensive effort to transform the city and enhance its infrastructure across various sectors.
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Nagpur Metro Phase II Commences: Rs 6,708 Crore Investment for 43.8 km Network, Targeting Completion by 2026
| Nov. 23, 2023, 11:31 a.m.
Nagpur Metro Phase II Commences: Rs 6,708 Crore Investment for 43.8 km Network, Targeting Completion by 2026
The commencement of Nagpur Metro Phase II marks a significant infrastructure milestone with a planned investment of Rs 6,708 crores for a 43.8 km network, aiming for completion by the year 2026.
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"Maharashtra Greenlights ₹44.12 Crore 'Technology & Energy Park' at RTMNU"
| Nov. 18, 2023, 11:56 a.m.
"Maharashtra Greenlights ₹44.12 Crore 'Technology & Energy Park' at RTMNU"
Maharashtra State Government approves a ₹44.12 crore investment for the establishment of a 'Technology & Energy Park' at Rashtrasant Tukadoji Maharaj Nagpur University (RTMNU).
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"ESR Acquires 58 Acres of Land in Nagpur for Logistics Park, Plans ₹400 Crore Investment"
| Oct. 18, 2023, 11:46 a.m.
"ESR Acquires 58 Acres of Land in Nagpur for Logistics Park, Plans ₹400 Crore Investment"
ESR, a distinguished logistics actual estate corporation, has received 58 acres of land in Nagpur to develop a cutting-edge logistics park. The enterprise plans to make investments ₹400 crore on this infrastructure project, further strengthening logistics abilties within the vicinity.
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Highlights of India Budget 2024: Finance Minister announces 2 crore more houses under Pradhan Mantri Awas Yojana – Gramin (PMAY-G) . No changes to income tax slabs.
Budget 2024 Key Highlights: Fiscal deficit target for 2024-25 at 5.1% of GDP; no changes to income tax slabs
No Major Tax Changes in Interim Budget, Focus on Growth
Fiscal Deficit Target Lowered to 5.8% in Interim Budget
Infrastructure, Digital Push to Drive Growth in Interim Budget
Education Sector Seeks Higher Allocation, NEP Implementation in Budget
Sitharaman Presents Interim Budget, Focuses on Fiscal Consolidation and Growth
Sitharaman's Last Budget Before 2024 Elections Focuses on Rural India
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