Govt ask TCS, Wipro, Infosys to develop own operating system
Top IT firms like TCS, Wipro, Infosys Inc. are approached by the Indian government to build their own operating systems. Now, the objective behind this action is to decrease India’s dependency on foreign technology and create self-sufficiency in the technology market. It aims to do so by developing a homegrown operating system which the government believes will improve security and give India more control of its digital infrastructure. These businesses will be required to innovative and efficient in their approach to this task. It is considered a major push to position India’s technology sector on the global leadership stage.
Read More: Startup News India: 8th Mar 2025
Govt launch AI Portal at £1/hour
The government unveiled a new AI portal, allowing access to cutting-edge AI tools for the price of £1 an hour. Data is training up to October 2023, a push to get the latest technology in the hands of small businesses, students, and researchers. Offering a platform for data analysis, machine learning, and other artificial intelligence-based jobs Officials say this inexpensive access will encourage innovation and train people to work with AI. It is one of the many steps in a larger plan whose goal is to make the country stand out as a leader in technology and digital growth. This is seen by many as a major advance toward making AI a tool for everyone, not just a few.
Tata Capital files for $11 Billion IPO
Tata Capital is targeting up to $11bn via an IPO. Its public offering is now among the largest in India. The company intends to utilize the proceeds for expansion, as well as debt reduction. Tata Capital is, of course, a name everyone trusts in finance and so investors are excited. MNC Tbk also expects strong interest in its IPO from local and global investors. True to its differential strategy, this step is a big moment for Tata Group that it entails its faith in the future of the financial sector.
Read More: 23 Women Entrepreneurs Scheme (Govt. & Private)
Muralitharan cancel ₹1650 cr worth project investment in Kashmir
Kashmir: There has been a big smashing news that Sri Lankan cricket legend Muttiah Muralitharan has cancelled its ₹1650 crore project investment in the valley. The project was proposed to increase tourism and job creation in the region. Muralitharan’s camp had said the reason for withdrawing was “very unavoidable circumstances” but did not provide details. Local politicians had viewed the project as a significant economic boost, and voiced disappointment. The investment was seen as a source of hope for a much needed positive change in the area by many in Kashmir. The cancellation raises questions about the future of such large-scale projects in the region.
OpenAI’s supplier ‘Turing’ raise $111M at $2.2B Valuation
Turing, OpenAI’s supplier, announced recently it had secured $111 million funding at a $2.2 billion valuation. It is also a software development company that uses artificial intelligence (AI) technology and partners with OpenAI. This round of funding will expand Turing’s operations and advance its technology. Investors are excited about Turing’s potential to disrupt the tech job market. The company intends to spend the money on increasing its team and improving its AI tools. This is indicative of increasing confidence in the potential of AI-powered solutions and their influence on the future of work.
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