Indian GenAI startups see 6 times surge in funding in Q2

IANS | November 25, 2024 1:09 PM

New Delhi, Nov 25 (IANS) Ranked sixth among major economies in the share of generative AI (GenAI) startup ecosystems, India saw a six-times surge in investments in the sphere of GenAI (quarter-on-quarter) in the July-September period, a Nasscom report said on Monday.

India’s cement industry projected to grow to 5.09 billion tonnes by 2028-29

IANS | November 25, 2024 11:52 AM

New Delhi, Nov 25 (IANS) Driven by the growing government spending on infrastructure projects, the Indian cement industry is projected to grow to 5.09 billion tonnes by 2028-29, reflecting a compound annual growth rate (CAGR) of 4.9 per cent from 2024 to 2029, according to a report on Monday.

India's economic growth expected to accelerate in Oct-Dec quarter: Report

IANS | November 25, 2024 10:52 AM

New Delhi, Nov 25 (IANS) India's economy was projected to grow at a faster pace in the third quarter of the current financial year (October-December 2024) compared to the first half (April-September 2024) as positive indicators are emerging of economic activity picking up pace, according to a report by ICRA.

Adani Portfolio delivers robust results, asset base exceeds record Rs 5 lakh crore

IANS | November 25, 2024 9:25 AM

Ahmedabad, Nov 25 (IANS) The Adani Portfolio of companies on Monday reported record results for the first half of this fiscal (H1 FY25) as well as the trailing-twelve-month (TTM) period. In H1 FY25, the portfolio companies invested Rs 75,277 crore, increasing the total gross assets to a record Rs 5.53 lakh crore.