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Infosys’ new campus in West Bengal will create 4,000 jobs, aid innovation: chief minister Mamata Banerjee | Company Business News
Livemint
·
7m ago
Medial
Indian IT giant Infosys has opened a new software development campus in Kolkata, West Bengal. The facility, which received an investment of over INR426 crore ($57 million), is expected to create 4,000 new jobs and help position the state as an IT hub. West Bengal's chief minister, Mamata Banerjee, stated that the state's "Bengal Silicon Valley" initiative offers 200 acres of land for investment, with plans to attract INR27,000 crore ($3.6 billion) in funding and create 75,000 IT jobs. Additionally, Banerjee mentioned the possibility of establishing a semiconductor production facility in the state.
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Mukesh Ambani announces fresh investment of ₹50,000 crore in West Bengal by 2030 | Company Business News
Livemint
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6m ago
Medial
Mukesh Ambani announced Reliance Industries' plan to invest ₹50,000 crore in West Bengal by 2030, creating one lakh jobs. Already having invested the same amount in the past decade, the new investment will focus on digital services, green energy, and retail. RP-Sanjiv Goenka Group also plans a ₹10,000 crore investment in energy, healthcare, and education. Chief Minister Mamata Banerjee commended the state's development and announced a committee for business ease.
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Govt to launch 'Sahkar Taxi' service across India to compete with Ola, Uber
Entrackr
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4m ago
Medial
The Indian government is set to launch a new cooperative-based taxi service called "Sahkar Taxi" across the country to offer an alternative to popular ride-hailing platforms like Ola and Uber. The move will put the government in competition with Uber, Ola, Rapido, and emerging app-based cab aggregators such as BluSmart. The government announced the plan in Parliament on Wednesday, stating that the new service will register two-wheeler taxis, rickshaws, and four-wheeler taxis. Unlike existing private company services, Sahkar Taxi will ensure that all profits go directly to the drivers rather than large corporations. A similar model already exists in West Bengal with the launch of Yatri Sathi by the Mamata Banerjee-led TMC government. Initially introduced in Kolkata, the service has since expanded to other cities, including Siliguri, Asansol, and Durgapur. Meanwhile, in Karnataka, a privately owned taxi service app called Namma Yathri follows a similar model by ensuring that all profits go directly to the drivers.
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TCS to set up 20 acres campus in Kolkata
Economic Times
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1m ago
Medial
Tata Consultancy Services (TCS) has received approval to commence Phase I of its Bengal Silicon Valley campus in Kolkata. The initial phase will include 9 lakh square feet of office space with an 11-storey tower, providing 5,000 jobs. Phase II will expand with 15 lakh square feet and 20,000 additional positions, totaling 24 lakh square feet and 25,000 jobs. The Kolkata project, part of a broader Rs 4,500 crore real estate expansion, spans 30 acres.
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Vaishnaw flags off MEMU train in Bengal, says Centre's focus on expanding railway coverage
Economic Times
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1m ago
Medial
Railways Minister Ashwini Vaishnaw flagged off the Purulia-Bankura-Howrah MEMU train via Masagram, highlighting the government's focus on expanding railway coverage in West Bengal. The train aims to improve regional connectivity and enhance passenger convenience. Investment in West Bengal's railways rose from Rs 4,380 crore (2009-14) to Rs 14,000 crore currently. The newly inaugurated train service is expected to support economic activity by linking important districts and will also address land acquisition challenges for railway projects in the region.
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Cognizant to create 8,000 jobs with Rs 1,583 crore IT campus in Visakhapatnam
Economic Times
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1m ago
Medial
Cognizant plans to establish a world-class IT and ITES campus in Visakhapatnam with an investment of Rs 1,583 crore, expected to create 8,000 jobs. The Andhra Pradesh government will provide land at a nominal rate, and the campus aims to start operations by March 2029. The initiative marks a significant boost to the region's IT ecosystem, with Cognizant seeking over 21 acres of land for this venture.
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Planned Nvidia expansion in Israel prompts multiple offers of sites - The Economic Times
Economic Times
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29d ago
Medial
Nvidia plans a significant expansion in Israel, seeking land for a new multi-billion-dollar campus near Haifa to address growing AI demand. Having received numerous site offers, the expansion is set to increase its Israeli workforce beyond the current 5,000 employees. The move underscores Nvidia’s confidence in Israel's tech industry, following its acquisition of Mellanox Technologies. The proposed campus will potentially create thousands of jobs and further cement Nvidia's presence in the AI sector.
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Kerala aims to have 15,000 startups by 2026: CM Pinarayi Vijayan
Economic Times
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5m ago
Medial
Kerala aims to establish 15,000 startups and create 100,000 employment opportunities by 2026, announced Chief Minister Pinarayi Vijayan at the Invest Kerala Global Summit. The state has progressed significantly in the startup sector, with 6,200 startups launched over the past eight years, attracting an investment of Rs 5,800 crore and creating 62,000 jobs. The ambitious 2026 goal reflects ongoing efforts to bolster the region’s startup ecosystem.
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Sridhar Vembu's Zoho opens new campus in Kerala, acquires Asimov Robotics
IndianStartupNews
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1m ago
Medial
Zoho Corporation, led by co-founder Sridhar Vembu, has inaugurated a new research and development campus in Kottarakkara, Kerala, and acquired the robotics startup Asimov Robotics. The new campus, attended by Kerala's Chief Minister, will focus on AI and robotics research. Zoho plans to partner with Kerala Startup Mission for a Deep Tech Product Studio, fostering innovation. The Asimov acquisition enhances Zoho's robotics capabilities with ongoing collaborations and infrastructure development in the region.
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Chaos erupts in West Bengal Assembly as TMC disrupts BJP speech amid Bill debate
Economic Times
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1m ago
Medial
Chaos erupted in the West Bengal Assembly as Trinamool Congress (TMC) members disrupted BJP chief whip Shankar Ghosh's speech during the tabling of the Netaji Subhas University of Sports and Entrepreneurship Bill 2025. TMC MLAs protested, preventing Ghosh from speaking, which led to BJP members walking out and protesting outside. Ghosh accused the ruling party and Speaker of silencing opposition voices, claiming the Assembly functioned like TMC's party office rather than a democratic institution.
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Indians should be grateful to Dr Manmohan Singh for country’s prosperity, says Narayana Murthy
Economic Times
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7m ago
Medial
Infosys founder NR Narayana Murthy paid tribute to the late Prime Minister Dr Manmohan Singh, calling him a gentleman, researcher, and politician with strong values. Murthy credited Singh's leadership in economic reforms, alongside late PM PV Narasimha Rao, for establishing a robust foundation for India's economic growth. Singh had a close relationship with Infosys, inaugurating the global education center at their Mysore campus in 2005 and participating in various events hosted by the company. Murthy also highlighted Singh's invitation to Nandan Nilekani to lead the UIDAI, which brought about significant advancements in banking and fintech services for Indians.
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