Microsoft Commits $3 Billion for India’s Digital Infrastructure
Satya Nadella, Chairman and CEO, Microsoft, reportedly revealed that it intends to invest $3 billion in developing data centres and other digital infrastructure in India, marking its largest commitment in Asia. The company plans to allocate the funds over the next two years to build new data centres and upgrade existing facilities. Additionally, the company aims to train 10 million individuals over the next five years to accelerate AI innovation in India. Nadella, a Mangalore University graduate, emphasized the strategic importance of this initiative in strengthening India's AI ecosystem. Thi..
Maharashtra Tops FDI Inflows with 31% in H1 FY2425
Maharashtra has retained its position as India’s leading destination for foreign direct investment (FDI), attracting Rs 1.13 trillion (tn) in the first six months of FY 2024-25. This accounts for 31.48 per cent of India’s total FDI inflow during the period, Chief Minister Devendra Fadnavis announced. In a post on X, Fadnavis highlighted the state’s exceptional performance, noting that the FDI received from April to September 2024 was 94.71 per cent of the average annual FDI recorded over the past four years."The first half of FY 2024-25 saw FDI of Rs 1132.36 billion (bn), close to t..
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