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The Artificial Intelligence market is expected to grow significantly, with a projected market size of $184 billion by 2024. It is anticipated to have an annual growth rate of 28.46% from 2024 to 2030, potentially reaching a market volume of $826.70 billion by 2030. In a global context, the largest market will be in the …

Royal Orchid Hotels Ltd (ROHL) has announced the signing of a new 5-star resort in Chittorgarh, Rajasthan.  This resort, located near Pula Mangra village, will offer stunning views of Rajasthan’s rugged landscape and is easily accessible from Udaipur City and Maharana Pratap Airport. It marks ROHL’s 11th hotel in Rajasthan and will be branded as …

On September 26, 2024, Easy Trip Planners announced an exclusive partnership with PhonePe to launch its Hotels segment on the popular payment platform. This collaboration aims to enhance user experience by providing seamless access to a vast array of domestic and international hotels. PhonePe users will now have unique access to exclusive hotel deals and …

On September 26, 2024, Allcargo Gati Limited announced a 10.2% average General Price Increase (GPI) effective from January 1, 2025, for its Express Distribution services. This marks the first price revision since Allcargo Logistics Limited acquired Gati in 2019, driven by the need to align pricing with ongoing operational investments while maintaining high service standards.  …

Zaggle Prepaid Ocean Services Limited announced on September 25, 2024, that its Board of Directors has approved the acquisition of a significant equity stake in Span Across IT Solutions Private Limited.  The company will acquire 10,66,314 equity shares, each with a face value of ₹10, at a price of ₹300.80 per share. This acquisition represents …

India’s industrial ethanol production capacity stands at 13.80BL, with 8.75BL from molasses and 5.05BL from grain feedstocks as of April 2024.  In the pursuit of achieving 20% blending by 2025, the Indian government achieved a record 12% ethanol blending in FY 2024. To fight climate change and lessen dependency on foreign oil, the government is …

Introduction Blue Cloud Softech Solutions (BCS), a Hyderabad-based IT solutions provider, has recently achieved two prestigious certifications—ISO 9001-2015 and ISO 27001-2022. These certifications underscore BCS’s commitment to excellence in quality management and information security. In this blog, we’ll dive into what these certifications mean for the company, its clients, and the broader industry. What Do …

State Bank of India (SBI), India’s largest lender, is ambitiously aiming to become the first Indian financial firm to achieve a net profit milestone of Rs 1 lakh crore within the next 3-5 years. This ambitious target, as outlined by SBI’s Chairman C S Setty, is underpinned by the bank’s strong financial performance. In FY24, …

Introduction: Revolutionizing India’s Defence Landscape Zen Technologies has once again cemented its position as a key player in defence innovation with the launch of four groundbreaking remote-controlled weapon and surveillance systems. These systems, designed to modernize warfare, showcase the company’s commitment to bolstering India’s defence capabilities and securing its borders in a more efficient and …

On September 25, 2024, Shriram Properties Ltd (SPL), a major real estate developer in South India, announced the launch of a new project called ‘Codename – Pudhiya Chennai’.  This apartment project is located in the lively Thirumazhisai area of Chennai, which is part of the fast-developing West Chennai corridor. RERA approves the project and has …